Liberal Democratic Party / Komeito "Housing loan tax cut" expansion, etc. To discussions on tax reform next year November 19, 5:22

k10012719811_202011190524_202011190525.mp4

The Liberal Democratic Party and the Komeito Party will start full-scale discussions on the 19th for the tax reform next year.


The ruling party's tax reform outline will be decided by the middle of next month, considering expanding the application of special measures for "mortgage tax reduction" and giving preferential treatment to companies working on digitalization.

The Liberal Democratic Party and the Komeito Party will hold a general meeting of the Tax System Investigation Committee on the 19th to start full-scale discussions for the tax reform next year.



In this discussion, as part of the economic measures associated with the spread of the new coronavirus infection, we will consider expanding the application of special measures for "mortgage tax reduction" and extending the so-called "eco-car tax reduction" that expires next spring. I'm going to do it.



In addition, it is expected that adjustments will be made to reduce or defer the tax amount on nearly 99% of the land only next year so that the property tax burden on commercial land will not increase.



Furthermore, in order to realize the digitalization and carbon-free society that the Kan administration has set as an important policy, in addition to introducing digital technology and giving preferential treatment to companies working to reduce greenhouse gases, we also provide educational funds from grandparents and others. There will also be discussions on the extension of special measures to prevent gift tax from being levied when receiving.



The Liberal Democratic Party and the Komeito Party will decide on the ruling party's tax reform outline by the middle of next month.