Corporate Recovery

This page collates articles on tax, legal and accounting issues in corporate recovery. Please also refer to the table of terms and definitions below on Japanese corporate recovery processes and related matters.

Articles on corporate recovery

Debt equity swap taxation

Debt equity swap taxation

12/09/2010 • On 15 September 2010 the 12th division of the Tokyo High Court issued a judgment concerning the taxation of gain...Read More

Impairment losses on shares in a subsidiary

Impairment losses on shares in a subsidiary

09/30/2010 • This case concerns a Japanese company which claimed a deductible impairment loss on shares in a recently acquired US subsidiary...Read More

Tax Controversy - Daiei taxed on forgiveness of debt to subsidiaries

Tax Controversy – Daiei taxed on forgiveness of debt to subsidiaries

07/31/2010 • Japanese retailer Daiei was assessed JPY25Bn (USD294m @85) for understating taxable income for four years.  The Asahi newspaper reported as...Read More

Corporations - secondary tax liabilities

Corporations – secondary tax liabilities

02/03/2010 • There are a number of routes in Japan by which a company may end up liable to meet another company's...Read More

Debt equity swaps - report of the 'DES Research Group'

Debt equity swaps – report of the ‘DES Research Group’

01/30/2010 • The Japanese Ministry for Economics and Industry (keizai sangyousho/経済産業省) has sponsored a private research group (the 'DES Research Group')  to...Read More

Business transfers in minjisasei proceedings

Business transfers in minjisasei proceedings

01/25/2010 • Advantages of a business transfer in minjisasei proceedings In the law relating to minjisaisei proceedings there are regulations that allow easy...Read More

Japanese corporate reconstruction - overview

Japanese corporate reconstruction – overview

01/25/2010 • Varieties of Japanese corporate reconstruction As is the case in many jurisdictions in Japan means of corporate reconstruction can be divided...Read More

Japanese methods of corporate re-habilitation - a comparison

Japanese methods of corporate re-habilitation – a comparison

01/24/2010 • Given that at the time of writing JAL is commencing the largest corporate rehabilitation in Japan it looks like a...Read More

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