Japan weighs tax breaks on gains from non-core sales
Japan's government is considering tax breaks on gains from sales of non-core businesses, with exemptions from corporate tax if companies reinvest proceeds in acquisitions.
EWJ exclusive-japan's government is considering tax breaks on gains from sales of non-core businesses, two sources note Gains from non-core sales would be exempt from corporate tax, provided companies reinvest proceeds in acquisitions, source notes Proposal is expected to be submitted as part of tax reform requests due at the end of this month, source notes