print PRINT

POLITICS

Japan ministry eyes tax breaks to promote satellite offices

  • September 29, 2020
  • , Jiji Press , 2:05 p.m.
  • English Press

Tokyo, Sept. 29 (Jiji Press)–Japan’s internal affairs ministry has decided to propose tax breaks for companies setting up satellite offices with enough cybersecurity measures, as part of its efforts to promote teleworking, ministry officials said Tuesday.

 

The ministry hopes to encourage companies to open satellite offices, which are in high demand due to the spread of the novel coronavirus.

 

The proposal include corporate and fixed asset tax breaks on capital investment for setting up satellite offices.

 

The ministry will reflect the proposal in its fiscal 2021 tax reform requests. Details will be considered later on.

 

Unauthorized accesses have led to a series of thefts of personal information of teleworkers. The ministry is considering a system of certifying satellite offices with sufficient cybersecurity measures, according to the officials.

  • Ambassador
  • Ukraine
  • OPINION POLLS
  • COVID-19
  • Trending Japan