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Tokyo hopes to renegotiate tax pacts with Asian neighbors

Hachiko

後輩
17 Jan 2004
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Japan, which has just revised its bilateral tax treaty with the United States, is now looking to sign pacts with other Asian economies that would cut taxes levied on international business activities.
Tokyo hopes to renegotiate treaties with its Asian neighbors in a way that would lower companies' tax burdens on royalty, interest and dividend income.

The aim is to bolster investment and ultimately revitalize the economy.

Japan Times
 
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