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…
COMMENTARY
Goals of the “Innovation Box” Tax Break in FY2024 Reform
The Japanese government has decided to establish the “innovation box (IB)” tax scheme under its FY2024 taxation reform to drive domestic investments. This article aims to look back at the process behind its creation and consider the types of companies…
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