“Reserve retained earnings for investment” Examination of tax incentives Liberal Amari Tax Chairman October 2, 13:49
Regarding the tax reform next year, the LDP chairman of the Agricultural Tax Survey, in an interview with the media, indicated that it would consider tax incentives in order to create an environment in which corporate retained earnings were invested.
Among them, the LDP chairman of the Amari taxation system said that the next year's tax reform would be "How to connect internal corporate reserves to a virtuous economic cycle. I would like to turn this into an investment that leads to innovation." In order to prepare an environment for turning reservations into investments, he indicated that he would consider tax incentives when large companies invested in venture companies.
In addition, depending on the way of working, we will discuss the system of incentives, etc. so that there is no unfairness in asset formation after retirement due to income tax deductions.
Furthermore, since tax rules for international IT companies will be formulated next year for large IT companies that make profits through cross-border data exchanges, the taxation committee will make recommendations so that Japan can lead the discussion. It is to summarize.
On the other hand, with regard to the consumption tax rate, he said, “We should continue our efforts to make it as low as possible within the 10% range. Thoroughly promote the efficiency of the entire budget and administrative reform,” and discuss further increases for the time being. Showed no idea.