No Tax Burden Will Be Imposed on TOB Using Own Shares

No Tax Burden Will Be Imposed on TOB Using Own Shares

The Ministry of Economy, Trade and Industry (hereinafter “METI”) and the Ministry of Finance Japan (hereinafter “MOF”) have a strong interest in introducing a new taxation system where no tax burden will be imposed on shareholders who, through the TOB process, sell their shares in exchange for the purchasing companies’ shares. MORE.

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