Japan to cut corporate tax rate from 35% in bid to secure recovery - Jun. 24, 2014

Japan will cut corporate tax to below 30% as part of a reform package designed to secure the country's emergence from decades of deflation and slow growth.



Japan Inc. currently faces a corporate tax rate of roughly 35%, one of the highest in the world. The first rate reductions will be made in fiscal year 2015.



Japan to cut corporate tax rate from 35% in bid to secure recovery - Jun. 24, 2014