Japanese tax reform to include earning stripping rules
January 06, 2012
Sophie Ashley - TPW
The outline for Japanese tax reform proposals was released on December 26 2011 with changes to intercompany loan regulations.
The reform proposals include the introduction of Japanese earnings stripping rules. Under these proposed rules, a company’s net interest payments to foreign related entities will be disallowed if they exceed 50% of the adjusted taxable income.
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