Posted 9/23/2023, 5:54:00 PM
Japan Considers Long-Term Tax Incentives to Boost Domestic Production of Critical Goods
- Japan considering long-term tax breaks to promote production of key goods like chips, batteries, biotech
- Aims to strengthen corporations' ability to supply important goods domestically
- Tax breaks expected to be included in economic measures to be finalized next month
- PM Kishida may announce main points of economic package as early as Monday
- Measures aim to spur investment at home in fields crucial to economic security