Outline of the 2024 Tax Reform Proposals

The ruling coalition (the Liberal Democratic Party and Komeito) agreed on the ‘Outline of the 2024 Tax Reform Proposals' on 14 December 2023.

The ruling coalition agreed on the ‘Outline of the 2024 Tax Reform Proposals'.

We have set out in this newsletter brief summaries of the main points of the proposals. 

Contents

  1. Corporate Taxation
  2. International Taxation
  3. Consumption Tax
  4. Individual Taxation
  5. Tax Measures to Secure Financial Resources for Strengthening Defense Capability

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