The Japanese government is considering tax breaks for small and medium business for capital expenditure
The Nikkei reports:
A company capitalized at up to 100 million yen ($808,340) would pay just half of the annual 1.4% fixed-asset tax on procured equipment costing at least 1.6 million yen apiece, including manufacturing and power generation machinery. Such items account for around 90% of capital investment by some 2.5 million small and midsize companies in Japan, with the purchases reaching 1.04 trillion yen in fiscal 2014.
As part of reform proposals to be compiled this week
I wouldn't expect much of a yen impact. What little there is should be a yen positive.
