The National Tax Agency (hereinafter the ‘NTA’) had released the Q&As (Japanese only) related to the Japanese Income Inclusion Rule, which is equivalent to the IIR of the Global Minimum Tax in Pillar 2 agreed by the OECD/G20 Inclusive Framework on BEPS.
On 31 October, the NTA released two sets of Q&As: (1) Q&As for the applicable fiscal years beginning between 1 April 2024 and 31 March 2025 (revised edition) and (2) Q&As for the applicable fiscal years beginning between 1 April 2025 and 31 March 2026 (new edition).
We have set out in this e-Tax News the outline of the above Q&As.
Japanese Text
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