Japan to give tax breaks for green, digital investment


The Japanese national flag flies on a part of the Bank of Japan headquarters in Tokyo on June 16. — AFP

Japan plans to offer new tax credits to businesses investing in green technology and digital infrastructure, according to documents obtained by Bloomberg.

The tax credits, which are being proposed by the ruling party, will allow firms to reduce their corporate tax bills by as much as 20%, the documents show.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Lamborghini bros no more: Crypto is creating a new wealth effect
Amazon driver fatally shoots person trying to steal vehicle at gunpoint, US cops say
Microsoft ties pay for top bosses to meeting cybersecurity goals
JPJ: Bjak not authorised to offer road tax renewal services
TikTok’s boss goes from reserved tech exec to Met Gala chair
The bystander’s role is changing in the era of livestreaming. North Carolina’s standoff shows how
Warren Buffett says AI may be better for scammers than society. And he’s seen how
England women's cricket coach using AI to pick team
Food critic Keith Lee is saving struggling restaurants one TikTok review at a time
In the US, scammers are targeting students with fake job offers

Others Also Read