For the first time, listed companies in Japan had to report details of their Year 2000 remedial work in the short-form annual reports that they published in late May.
Under the proposed changes, plants would be able to release up to 5, 000 pounds of one chemical and no longer report details of the release--just the name of the chemical on the shortform.
To claim a nonbusiness bad debt, you report it as a short-term capital loss subject to the capital loss limitations on a federal form 8949 (downloads as a pdf) in the year the debt becomes worthless.