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Japan's government is reportedly considering tax breaks on gains from sales of non-core businesses, according to source reports; Gains from non-core sales would be exempt from corporate tax, provided companies reinvest proceeds in acquisitions

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Japan's government is reportedly considering corporate tax exemptions on non-core business sales gains, provided companies reinvest proceeds into acquisitions as part of upcoming tax reform requests.

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Proposal is expected to be submitted as part of tax reform requests due at the end of this month.

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