Breaks to go to investment funds.... IN BRIEF The Ministry of Economy, Trade and Industry The Ministry of Economy, Trade and Industry (経済産業省 (METI METI Ministry of Economy, Trade and Industry (Japan; formerly MITI) METI Medical Education Technologies, Inc. ) is set to extend preferential tax and regulatory treatment to investment funds Noun 1. investment funds - money that is invested with an expectation of profit investment assets - anything of material value or usefulness that is owned by a person or company pouring money into corporate reconstruction, the Nihon Keizai Shimbun Nihon Keizai Shimbun (日本経済新聞 reported. Plans call for exempting such funds from tax payments. Funds buying financial claims against struggling companies or extending bridge loans to them will also be eligible for tax-exempt status. ... COMMENTARY: So-called buyout funds are located mostly in tax havens outside Japan. As Japan's recession continues, METI's plans are likely to spur the emergence of more such funds in-country. |
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