On 30 November 2011, the Japanese Diet approved the corporate tax rate reduction, a net operating loss (NOL) limitation and an extension of the NOL carry forward period. The bill is to reduce the effective corporate tax rate by approximately five percentage points (4.5% point reduction in the...
On 30 November 2011, the Japanese Diet approved the corporate tax rate reduction, a net operating loss (NOL) limitation and an extension of the NOL carry forward period. The bill is to reduce the effective corporate tax rate by approximately five percentage points (4.5% point reduction in the
