“Economic measures, tax cuts and other priority issues” Conference for the Realization of New Capitalism | NHK

2023-09-27 08:45:04

In response to Prime Minister Kishida’s instruction to compile economic measures by the end of next month, the government’s “Council for the Realization of New Capitalism” discussed specific measures at a meeting on the 27th.

and,
▽Strengthening tax reduction measures for companies working on raising wages,
▽Support for capital investment to improve productivity at small businesses, etc.
in addition,
▽We confirmed that we will prioritize creating tax breaks to encourage domestic investment in strategic fields such as storage batteries and semiconductors.

Also,
▽Relevant ministries and agencies will proceed with specific system design, with emphasis on introducing tax reductions targeting income generated from intellectual property such as patent rights.

Prime Minister Kishida said, “We asked them to discuss ways to transform a cost-cutting “cold economy” into a moderate-temperature “growth economy” driven by sustainable wage increases and active investment. I would like to see more concrete implementation of this.”

1695809381
#Economic #measures #tax #cuts #priority #issues #Conference #Realization #Capitalism #NHK

Photo of author

Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

ORF ends cooperation with Sora – SPÖ after leak of SPÖ paper

“Nadia on an Enchanting Adventure”… Bassem Youssef is also a writer

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.