Outline of the 2025 Tax Reform Proposals

The ruling coalition (the Liberal Democratic Party and Komeito) agreed on the ‘Outline of the 2025 Tax Reform Proposals' on 20 December 2024.

The ruling coalition agreed on the ‘Outline of the 2025 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. Preservation System for Electromagnetic Records related to Transaction Information of Electronic Transactions

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