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| Tax reduction granted for heat insulating window frames |
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JMADO and other organizations had been advocating for tax cuts for energy saving renovations using PVC window frames, and it has now been granted as part of the large package of tax revisions by the ruling coalition of the Liberal Democratic Party and the New Komeito. Under certain conditions, cuts on income tax and fixed asset tax will be applied for the installment of heat insulating windows and other energy saving renovation works for housing. |