Tariffs have been a defining feature of US trade policy under President Donald Trump’s second administration. Since Trump unveiled his “reciprocal” tariff policy in April 2025, the landscape has shifted repeatedly.In February 2026, the US Supreme Court invalidated tariffs imposed…
REGULATORY
Japan OKs FY2024 Tax Reform Outline, “Innovation Box” Scheme Etched
Japan’s ruling Liberal Democratic Party and Komeito on December 14 approved a tax reform outline for FY2024, which embraces the creation of the “innovation box” tax break program designed to apply a preferential treatment for income derived from intellectual properties.…
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