JETRO plans to hold a seminar entitled “How the tax system affects foreign-affiliated companies operating in Japan”,
to support those companies that are actively operating in Japan. It is scheduled for June 21, Thursday.

* Applications to attend the seminar can be submitted at the following URL.
URL(ENGLISH):
URL(JAPANESE):

The seminar program is outlined below.

1. Program (draft):
14:30 Venue opened to participants
15:00 Greeting speech by organizer
15:10 “The FY07 revision of the international tax system”
Speaker: Mr. Nobuyuki Nakamura, Director for International Tax Policy Division,
Tax Bureau of Ministry of Finance
Agenda: FY2007 Tax Reform of the international taxation (The main topics covered
include transfer pricing taxation and taxation on corporate reorganization,
with reference to recent amendments to international treaties)
Language: Japanese (Japanese-English simultaneous translation service will be provided)
16:00 Question-and-answer session
16:20 Break
16:30 “The key features of the Japanese tax system that foreign-affiliated companies
need to be aware of”
Speaker: Mr. Jonathan Stuart-Smith, Partner, Tohmatsu Tax Co.
Mr. Yangho Kim, Partner, Tohmatsu Tax Co.
Agenda: Selection of the type of entity; overview of the Japanese tax system;
tax environment (including tax audits); structuring investments in Japan;
M&A taxation; transfer pricing; and personal taxes for secondees to Japan
Language: English (English-Japanese simultaneous translation service will be provided)
17:20 Question-and-answer session
18:00 Networking reception

* Speakers and programs are subject to change without prior notice.

2. Date:? June 21, 2007 (Thursday)
Seminar 15:00?17:50
Networking reception 18:00?

3. Venue:?JETRO Headquarters Office 5th floor
??? Ark Mori Building, 1-12-32 Akasaka, Minato-ku
Map is available at: http://www.jetro.go.jp/en/jetro/profile/map.html

4. Intended participant: Executives of foreign affiliated companies, foreign branch offices,
and foreign satellite offices, or those responsible for corporate
planning and/or accounting

5. Organizer: Japan External Trade Organization (JETRO)

6. Participation fee: Free (advanced registration is required)

7. Closing date for application: June 13, 2007 (Wednesday)
* Admission ticket will be sent to the applicant after June 14, 2007 via E-Mail.

8. Attendee limit: 200
?The invitation will be closed when all the available seats have been filled.
If we receive more than 200 applications, we may limit the number of participants
from the same company. We appreciate your understanding and cooperation. Thank you.)

INVEST JAPAN BUSINESS SUPPORT DIVISION, Japan External Trade Organization (JETRO)
Address: Ark Mori Building 6th Floor, 1-12-32 Akasaka, Minato-ku, Tokyo 107-6006
TEL: 03-3582-5410?FAX: 03-3584-6024?E-mail: JAD2@jetro.go.jp