On 30 June 2025, the National Tax Agency (hereinafter the ‘NTA’) released the revised guidelines for prepartion of the GloBE Information Return of the specified MNE groups, etc. related to the Global Minimum Tax, the first edition of which was published on 28 June 2024, based on the information released by the OECD/G20 BEPS Inclusive Framework in January 2025. On the same day, the NTA also released the FAQ summarizing the Japanese tax treatment related to the simplified and streamlined approach (so-called ‘Amount B’) to the application of the transfer pricing rules.
We have set out in this e-Tax News outline of the above information.
Contents
- Revised guidelines for preparation of GloBE Information Return
- FAQ on Simplified and Streamlined Approach to the Application of Transfer Pricing Rules
Connect with us
If you wish to receive the latest tax information through newsletter/mail magazines issued by KPMG in Japan, Please subscribe here.
By signing up, you will receive the following news:
- Japan Tax Newsletter
Newsletters on the latest Japanese taxation developments, such as outlines of the annual tax reform. - e-Tax News
e-Tax News including short summaries of the latest Japanese taxation developments.
