On August 21, the DPJ Tax System Research Committee held a general meeting and compiled basic policies regarding taxation system reform in fiscal 2013. Basic policies were established toward the “creation of a taxation system which realizes equity, transparency, reliability and helps the public share expenses through mutual cooperation by reviewing income tax, asset tax, and special measures concerning taxation, and by addressing issues related to Article 7 of the ‘Act for Partial Revision of the Consumption Tax Act in Order to Carry Out Comprehensive Reform of the Tax System to Achieve a Stable Source of Revenue for Social Security.’” The committee will advance discussion using the guideline from now on.
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