PwC Financial Services Tax News

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2010
February	Draft Bill for 2010 Japanese Tax Reforms: Taxation of Corporate Securities for Foreign Investors [PDF 157KB] Ｏn February 5, 2010, a draft bill for amending taxation laws was submitted to the Japanese Parliament. This Newsletter provides a summary of the amendment for exemption from taxation on interest on corporate securities received by foreign investors; introduced in order to promote investments in Japanese capital markets.
January	Impact on Real Estate Funds Under 2010 Tax Reform Proposal and the New Dutch Japan Tax Treaty [PDF 116KB] This Newsletter provides an introduction to issues arising from the 2010 Tax Reform Proposal and the New Treaty as well as their potential impact on real estate funds, although all details have not yet been released. Special Edition Financial Crisis Responsibility Fee- Obama’s proposals [PDF 35KB] On January 14, 2010 President Obama announced his intention to introduce a series of measures designed to impose an annual levy on the largest and most highly leveraged Wall Street firms, including not only banks but also insurers and other financial services firms.

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