Taiwan, Japan sign avoidance of double taxation pact

Taiwan Today
Date: November 27, 2015

The 40th annual economic and trade consultation meeting between Taiwan and

Taiwan’s Lee Chia-chin (left) and his Japanese counterpart Mitsuo Ohashi shake hands after signing an avoidance of double taxation agreement Nov. 26 in Tokyo. (UDN)

Taiwan’s Lee Chia-chin (left) and his Japanese counterpart Mitsuo Ohashi shake hands after signing an avoidance of double taxation agreement Nov. 26 in Tokyo. (UDN)

Japan concluded Nov. 26 in Tokyo, with the two countries making significant progress on key issues of mutual interest.

Led by Lee Chia-chin, chairman of Taipei City-based Association of East Asian Relations, and his Japanese counterpart Mitsuo Ohashi of the Interchange Association, the two-day event saw the two sides conclude three important pacts.

Among these, the agreement on the avoidance of double taxation represented another significant milestone in the bilateral relationship between the two nations following the signing of an investment promotion and protection accord in October 2011.

“Taxation is among the most important aspects of an economic partnership pact. The latest development is expected to facilitate negotiations on a Taiwan-Japan economic cooperation agreement,” Lee said, calling for the resumption of bilateral discussions next year.     [FULL  STORY]

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