Key Points of Tax Reform for Fiscal Year 2025-Corporate Tax①

There are 2ways of accounting for Leasing transaction. One is so-called,　Finance- lease transaction, the other is operating-lease transaction.

In new accounting standard, the objected leasing becomes accounted as Purchased in operating lease. (used to be accounted as Rental). Therefore, On and after Apr.1,2027, this new accounting standards will be applied for Leasing transaction.