Japan's breakup of Postal System clears big hurdle

Article Abstract:

Japan Post, the state owned postal service of Japan is to be privatized. The plan is part of Prime Minister Junichiro Koizumi's economic policy to reduce the size of government and government spending. Japan Post's insurance and savings divisions holdings are valued at approximately 350 trillion Yen, $3.14 trillion are in deposits.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Public Mail & Express Services, Postal Services, Postal Service, U.S. Postal Service, Material Handling Equipment Manufacturing, Construction and Related Machinery, Mail Delivery Systems, Postal Service & Subsidies, Deregulation, Koizumi, Junichiro

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Foreign funds face tax men in Asia: South Korea, Japan claim abuses of treaties intended to encourage investments

Article Abstract:

Disputes are arising over interpretation of capital gains tax treaties in the aftermath of the Asian financial crisis, during which investment funds bought up regional assets they expected to be tax exempt. However, Asian tax officials argue that this practice fleeced governments, and that capital gains taxes are owed.

South Korea, Public Finance Activities, Asia, Capital Gains Taxes, Foreign investments, Taxation, International aspects, Political aspects, Capital gains tax

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Germany, in shift, plans to cut rate of corporate taxes

Article Abstract:

Germany is planning to cut the corporate tax rate from 25 percent to 19 percent, increasing global competition to cut tax rates to create greater business investment and grow the economy.

Europe, Germany, Executive changes & profiles, Officials and employees, Economic aspects, Corporate taxes, Corporations, Schroder, Gerhard (German chancellor)

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