- Tax Planning International
Japan: Internationa Tax Highlights 2015
2015 saw the impact of the OECD and G20’s Base Erosion and Profit Shifting (BEPS) Project on international tax in Japan. Some of the tax reforms introduced were made in line with the BEPS Action Plan to ensure proper treatment of multi-jurisdictional taxation issues. This article discusses the reforms that were enacted to cross-border transactions and global mobility in Japan in 2015, as well as a transfer pricing court case where a multinational enterprise challenged a transfer pricing assessment made on it by the National Tax Agency and won.