Japan to lure overseas finance talent with inheritance tax break

Move is part of Tokyo's push to become a global financial hub

20201013N Downown Tokyo

Tokyo's downtown skyline. Japan is looking for ways to become a more attractive destination for top overseas talent to work in. © Reuters

TAKASHI TSUJI, Nikkei staff writer

TOKYO -- Japan plans to sharply cut the inheritance tax bills for highly skilled overseas professionals working in Japan, Nikkei has learned, as part of a broader scheme to nurture the country's status as a global financial center.

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