Tax & Accounting Blog

Japan’s Efforts to Conform with OECD Guidelines

Japan’s Efforts to Conform with OECD Guidelines

The Japanese National Tax Administration is seeking comments in line with their efforts to conform with the updated OECD guidelines. The most significant changes include the abolishment of the priority of methods and the adoption of the three profit based methods into law – comparable profit split, contribution profit split, and residual profit split. A practitioner, who … Read More