Japan's Economy, Trade and Industry Minister Toshimitsu Motegi has hinted at a possible corporate tax cut if the government's considered incentives for capital investment are not enough to boost the economy.
The tax breaks and incentives for capital investment are considered one of the pillars of the Abe government's growth strategy.Motegi gave a speech to Japanese and foreign investors in Tokyo on Tuesday.
He expressed hope of boosting capital investment to more than 700 billion dollars in the next 3 years. That's the level prior to the collapse of US investment bank Lehman Brothers 5 years ago.
SOurce: NewsOnJapan
He expressed hope of boosting capital investment to more than 700 billion dollars in the next 3 years. That's the level prior to the collapse of US investment bank Lehman Brothers 5 years ago.
SOurce: NewsOnJapan
