2021 Japan tax reform outline – Taxation related to finance and real estate (Japan tax newsletter 4 March 2021)

Japan tax alert 4 March 2021

The 2021 tax reform outline (hereinafter, “Outline”) was released on 10 December 2020 by the LDP/Komeito ruling coalition.

This newsletter provides an introduction to major reforms specific to finance-and real estate-related tax rules, financial institutions and insurance companies contained in the Outline.

For a general overview of the Outline, please refer to Japan tax newsletter, “2021 Japan tax reform outline,” dated 22 February 2021.

Please note that the contents of this newsletter may be revised in response to future Diet deliberations concerning the reform bill.

Contents

  1. Tax measures to facilitate the development of an international financial hub
  2. Corporate taxation
  3. International taxation
  4. Consumption tax
  5. Other

2021 Japan tax reform outline – Taxation related to finance and real estate (Japan tax newsletter 4 March 2021)