Japan’s ruling camp to call for sales tax cut: Yomiuri
[TOKYO] Japan’s ruling coalition is considering requesting the government to cut the sales tax rate as part of measures to cushion the economic blow from rising cost of living and US tariffs, the Yomiuri newspaper reported on Friday.
The tax cut will be put in place temporarily and target food items, which have seen prices rise steadily, the paper said, citing coalition party sources. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Manulife pulls loan product for rich Hong Kong clients after scrutiny