Revisions to Japan’s tax law are on the cards. Photo: Shutterstock Revisions to Japan’s tax law are on the cards. Photo: Shutterstock
Revisions to Japan’s tax law are on the cards. Photo: Shutterstock
Japan

Japan cracks down on overseas tax evaders

  • Reforms by Tokyo will allow tax authorities in other countries to seize assets on behalf of the Japanese government
  • Under a new law, anyone caught concealing assets abroad will face a prison term of up to three years and a fine of 2.5 million yen

Topic |   Japan
Revisions to Japan’s tax law are on the cards. Photo: Shutterstock Revisions to Japan’s tax law are on the cards. Photo: Shutterstock
Revisions to Japan’s tax law are on the cards. Photo: Shutterstock
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