Japan Mulls Tax Carryover for Loss-Making SME Wage Hikes: Kyodo

December 6, 2023, 7:46 AM UTC

The Japanese government and ruling parties are considering allowing loss-making small and medium enterprises, which don’t pay corporate tax, to carry over tax credits for raising wages for 2-4 years, Kyodo reports, without attribution.

  • Related Story: Japan Mulling 5% Wage Hike as New Tax Break Condition: Sankei

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Gareth Allan in Tokyo at gallan11@bloomberg.net

To contact the editors responsible for this story:
Yusuke Miyazawa at ymiyazawa3@bloomberg.net

Ryotaro Nakamaru

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