Tag: Japan
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Act on Special Measures Concerning Taxation (Japan)
The Act on Special Measures Concerning Taxation is an important piece of legislation in Japan that provides special tax measures and regulations. Here are the key aspects of this act: Purpose and Scope The Act on Special Measures Concerning Taxation (Act No. 26 of 1957) is a Japanese law that establishes special provisions related to…
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Country-by-Country Reporting (CbCR) Regulation in Japan
Japan has implemented Country-by-Country Reporting (CbCR) requirements under the OECD’s BEPS (Base Erosion and Profit Shifting) Action 13. The Ministry of Finance and the National Tax Agency (NTA) enforce these requirements to enhance transparency for multinational enterprises (MNEs) operating in Japan. This guide provides financial directors with key information on CbCR obligations in Japan, including…
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How CbC reporting is presented in Japan
Japan has implemented Country-by-Country (CbC) Reporting requirements as part of its commitment to the Base Erosion and Profit Shifting (BEPS) Action Plan developed by the Organisation for Economic Co-operation and Development (OECD). Under the CbC Reporting requirements in Japan, multinational enterprises (MNEs) with a consolidated group revenue of at least JPY 100 billion in the…
CbC Reporting 