Next year = Requests from each ministry and agency for the tax reform in the 4th year of Reiwa have been received, and we have included measures to reduce the burden on individuals who are in a difficult situation due to the influence of the new coronavirus. rice field.
By the 31st, each ministry and agency submitted a request for tax reform next year to the Ministry of Finance and the Ministry of Internal Affairs and Communications.
Of these, the Ministry of Health, Labor and Welfare has included the establishment of new burden reduction measures for individuals who are in a difficult situation due to the effects of the new coronavirus.
Specifically, if a person in a household exempt from residence tax who borrowed living expenses with "emergency small-lot funds" due to a decrease in income is exempted from repayment, the borrowed amount is exempt from income tax. ..
In addition, the Ministry of Land, Infrastructure, Transport and Tourism has requested that the domestic "aircraft fuel tax" tax reduction measures be continued next year in order to support the aviation industry, where passenger demand is declining.
On the other hand, there were also requests for tax reform to realize growth strategies such as decarbonization and digital society.
The Ministry of Agriculture, Forestry and Fisheries has requested the establishment of new measures to reduce tax burdens for producers who have introduced the latest agricultural machinery that emits less carbon dioxide, and the Ministry of Land, Infrastructure, Transport and Tourism also meets certain environmental performance standards. We urged home buyers to extend their current measures to reduce property taxes for two years.
The Ministry of Internal Affairs and Communications and the Ministry of Economy, Trade and Industry are requesting the continuation of corporate tax reduction measures for the spread of high-speed, large-capacity communication standard "5G".
The government and the ruling party are planning to decide the tax reform next year by the end of the year.