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Tokyo pushes back on ‘death tax’ that deters expats

Bloomberg Considering a work stint in Japan? You’d better make it short, and you’d better stay alive. That’s because the government subjects long-term foreign residents to inheritance tax of up to 55 percent on their worldwide assets—meaning heirs could be forced to give up their family homes or businesses, even if they’ve never set foot in Japan. Now, Tokyo Governor ...

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Uber approves SoftBank’s offer to buy multibillion-dollar stake

Bloomberg Uber Technologies Inc. approved SoftBank Group Corp.’s offer to buy a multibillion-dollar stake in the ride-hailing company, setting the stage for one of the largest private startup deals ever. The agreement lets SoftBank and other firms invest up to $1 billion in Uber and proceed with a tender offer in coming weeks to buy up to $9 billion in ...

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Brookfield bids over $14bn for rest of GGP

Bloomberg Brookfield Asset Management Inc. has bid more than $14 billion to acquire the stake it doesn’t already hold in mall owner GGP Inc., according to a person with knowledge of the matter. The Canadian investment firm made an offer of about $23 per share, the person said, asking not to be identified because the information is private. The price ...

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