ICMSA Bulletin 210524/57 – Tax Relief Procedure for Japan
This bulletin on Global Tax Procedures – Tax Relief Procedure for Japan (which replaces bulletin 140716/29) has been updated to clarify Japanese withholding tax quick refund.
The procedures apply to all Eurobonds subject to Japanese withholding tax rules adopted by the Act Amending Part of the Income Tax Act and Other Acts (Act No. 6 of 2010).
These procedures document the practice that has been adopted by the market since April 1, 2010.