Japan plans to revise its definition of “vaccines of high development priority.” The Ministry of Health, Labor and Welfare’s (MHLW)…
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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