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Japan

Foreign investors in Japan avoid $690m in taxes with Singapore loophole

TOKYO — Investors putting money into Japan via Singapore avoided roughly 99 billion yen ($690 million) in Japanese taxes between 2020 and 2022 through a treaty loophole allowing them to double-dip on tax breaks, Nikkei…
#Japan #JP #JapanNews #$690m #avoid #Foreign #investors #JapanTopics #loophole #news #Singapore #taxes
alojapan.com/1315796/foreign-i

Alo Japan

alojapan.com/1315796/foreign-i Foreign investors in Japan avoid $690m in taxes with Singapore loophole #$690m #avoid #Foreign #investors #Japan #JapanNews #JapanTopics #loophole #news #Singapore #taxes TOKYO — Investors putting money into Japan via Singapore avoided roughly 99 billion yen ($690 million) in Japanese taxes between 2020 and 2022 through a treaty loophole allowing them to double-dip on tax breaks, Nikkei has learned from discussions with tax officials. Based o…

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