To tax incentives due to funding measures of event businesses Government and Liberal Democratic People March 31 4:58
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In response to the spread of the new coronavirus, the government and the LDP can provide tax breaks to those who did not seek a ticket refund as a countermeasure to the cash flow of businesses that stopped the event due to the spread of the new coronavirus, allowing the business operators to keep the money on hand Began to adjust in the direction to help.
The government and LDP have a one-year grace period to pay corporate and consumption taxes to companies whose income has declined by more than 30% in order to support corporate financing through economic measures following the spread of the new coronavirus infection. In addition, small and medium-sized enterprises, whose sales are continuing to decline, are considering exempting half or all of the property tax on equipment and buildings.
In addition, given the continued request for self-restraint of the event, for taxpayers who did not request a refund of the ticket, the taxpayer will take a tax incentive such as deducting the amount from their income as a donation and refund the company. We have started to adjust to help keep the money on hand.
In addition, the policy is to extend the scope of measures that allow small and medium-sized businesses with a deficit to refund corporate tax retroactively to large companies with capital of 1 billion yen or less.
On the other hand, a tax based on fuel efficiency when acquiring a car is considering extending the period of the reduction measures to reduce the tax rate by 1% for half a year until the end of March next year. We are in a hurry to open and adjust.