Tax Reform Seen as Key for Japan’s $74 Billion Startup Push

Tax reform is essential for Japan’s push to funnel 10 trillion yen ($74.4 billion) of investment into startups every year, according to the head of a ruling party group supporting emerging high-growth firms.

The government is set to put together a five-year plan by the end of 2022 that will seek to increase money going to startups tenfold, according to proposals from the ruling party.