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2019-08-30T07:08:32.914Z

In line with the budget request for the next fiscal year, each ministry also submitted a request for tax reform. Requests to support child-rearing support and asset formation after retirement…



Request for tax reform next year Child-raising support and asset formation after retirement The boost is also 16:30 on August 30

In line with the budget request for the next fiscal year, each ministry also submitted a request for tax reform. Requests to support child-rearing support and asset formation after retirement are included, and adjustments will be made toward the end of the year.

Each ministry submitted to the Ministry of Finance and the Ministry of Internal Affairs and Communications in charge of requests for tax reform next year.

Among them, the Ministry of Health, Labor and Welfare will take tax measures to reduce the burden of income tax on single parents who are not married, as well as licensed childcare facilities. I asked for a conclusion.

In addition, with the growing interest in asset building after retirement, the Ministry of Health, Labor and Welfare joins the “individual” defined contribution pension plan = “iDeCo”, which is added to the public pension, if all company employees wish to join without agreement between labor and management. We are considering revisions to the system, such as making it possible. In that case, we demanded measures such as exempting premiums and investment profits.

The Financial Services Agency also requested individual investors to make the “NISA” tax-exempt from profits earned from investments and the “funded NISA” preferential tax system for long-term asset management.

In addition, the Ministry of Health, Labor and Welfare has called for tax treatment in order to make it easier for hospitals and clinics in doctor-deficient areas to continue their operations, when certain requirements such as doctor work experience are met.

In addition to this, the Ministry of Economy, Trade and Industry requested tax measures to encourage the succession of businesses where small and medium-sized business owners without successors handed over the business to a third party, while the Ministry of Land, Infrastructure, Transport and Tourism has increased the consumption of foreign tourists. In order to connect them, we demanded measures to ensure that products purchased with vending machines equipped with tax-exempt procedures can be treated the same as duty-free stores.

In addition, the Cabinet Office requested that the rate of reduction be increased for the “Corporate Furusato Tax Payment System”, which reduces corporate taxes when companies donate to local government initiatives that lead to regional revitalization.

Next year's tax reform will be decided at the end of the year by the government and the ruling party based on this request.

Source: nhk

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