Comparative Income Tax Deferral, The US and Japan

Authors

Christopher H. Hanna, Southern Methodist University, Dedman School of LawFollow

Files

Description

Comparative Income Tax Deferral examines the benefits achieved by deferring income or accelerating deductions, with reference to the income tax systems of the United States and Japan.

The United States has been at the forefront of recognising the time value of money benefit of tax deferral and of devising methods to prevent tax deferral. Japan, on the other hand, is only gradually placing greater emphasis on tax deferral issues, in light of the activities of foreign companies, and the constant introduction of new financial products which take advantage of the tax deferral allowed under Japanese income tax rules.

Publication Date

2000

Publisher

Kluwer Law International

Recommended Citation

CHRISTOPHER C. HANNA, COMPARATIVE INCOME TAX DEFERRAL, THE UNITED STATES AND JAPAN (2000)