The Japan Chamber of Commerce and Industry published its views on the fiscal 2027 tax reform. Regarding the proposed revision of the valuation method for unlisted shares, it noted that share valuations for many small and medium-sized companies could rise substantially.
The Japan Chamber of Commerce and Industry published its views on the fiscal 2027 tax reform. This article outlines the potential impact and practical issues associated with the National Tax Agency's proposed revision of the valuation method for unlisted shares.
The organization noted that the proposed revision could substantially increase share valuations, particularly for small and medium-sized companies. It has expressed concern about the impact of changes to the valuation method on companies' assessed values.
It also addressed the impact of transferring a business to a successor, drawing attention to the possibility that the revised valuation method could hinder business succession.