Government tax preparation
The government tax examination committee has compiled a report on the medium- to long-term tax system in response to the declining birthrate and aging population. To encourage the formation of assets after retirement, we proposed to review the structure of private pensions such as defined contribution pensions so that there is no gap in tax incentives that can be received due to differences in work styles.
At the general meeting of the government tax system on the 26th, a report was compiled on the medium- to long-term tax system in response to the declining birthrate and aging population, diversification of work styles, and globalization of the economy.
Among these, private pensions such as corporate pensions and defined contribution pensions are regular in order to encourage the formation of assets after retirement because the tax incentives and limits differ depending on the way of working for each system. It is necessary to consider the tax system so that advantages and disadvantages do not arise due to diversified work styles such as non-regular employment forms and freelancers.
Also, with the aging of society, people who receive heritage inheritance will become elderly people, so-called “aged inheritance” will increase, and it will be difficult to move assets to the younger generation. Etc.
Minoru Nakazato said at the press conference, “I'm hoping for lively debate among the people because I put together an emphasis on showing future tax options.”