On the 21st, the government decided on the tax reform outline for the next fiscal year, which was compiled by the Liberal Democratic Party and the Komeito Party on the 10th of this month.
In this tax reform outline, in order to ease the burden on companies and individuals hit by the new coronavirus, measures and housing to prevent the amount of property tax on all land from increasing only next year The loan tax reduction includes an extension of the period of stay to receive special measures that are applied three years longer than usual.
In addition, in order to promote the transformation of the economic structure for the post-corona era, we will introduce cloud services to improve business efficiency and reduce the tax burden on companies that share data with companies inside and outside the group. , Measures to encourage active investment even for companies that have fallen into the red due to the spread of infection are included.
The decrease in sales due to the new establishment and revision of the contents of this tax reform is expected to be approximately 60 billion yen for the national and local governments combined.
The government will submit a tax-related bill containing the contents of the outline to the ordinary session of the Diet in January next year.