Japan Won’t Tax Foreign Companies in Disaster Zone

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Oct. 19 (Bloomberg) -- Japan's National Strategy Minister Motohisa Furukawa talks about the government's efforts to reconstruct the nation from damages caused by the March 11 earthquake and tsunami. Furukawa said Japan won’t impose taxes on foreign companies who set up new operations in areas hit by the March 11 earthquake and nuclear disaster for five years to encourage investment. He speaks at a Bloomberg Link conference in Tokyo. (Translated excerpt. Source: Bloomberg)

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