Kyushu Railway Company (9142) · RiskMaterialised
Reduction and Abolition of Special Tax Measures for the Railway Business
First written in FY2017. 1 of 3 entries say "Worsened", first in FY2018. Latest entry: FY2019.
3entries
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Higher burden from the reduction or abolition of special tax measures for the railway businessA theme 1 companies write about · 1 as a headwind · 0 as a tailwind
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Full recordFilings, disclosures and news, newest first
- FY2019MaterialisedAnnual report
「These special measures were reviewed in the fiscal 2016 tax reforms and, following transitional measures, will be abolished from fiscal 2019 onward.」
The transitional measures for the railway business tax incentives have ended, and the incentives are at the stage of being abolished from fiscal 2019 onward. - FY2018WorsenedAnnual report
「(b) Fiscal 2017: Taxable base reduced to three-fifths of the value (c) Fiscal 2018: Taxable base reduced to three-fifths of the value」
While reduced taxation remains in place through fiscal 2018, the complete abolition of the tax incentives from fiscal 2019 onward has been specified, bringing the period of increased burdens closer. - FY2017First statedAnnual report
「These special measures were reviewed as part of the fiscal 2016 tax reform, and their abolition following transitional measures was decided.」
The disclosure states that special measures for fixed asset tax, city planning tax and corporate enterprise tax will be abolished following transitional measures in fiscal 2017 and fiscal 2018.