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Japan’s Government Deems Sales Tax Cut Inappropriate Despite Election Setback, Says Finance Minister Kato

  • Japanese government views proposed consumption tax cut as inappropriate
  • Finance Minister Katsunobu Kato comments after ruling coalition’s loss in upper house election
  • Sales tax cut seen as challenging for price relief
  • Election results tough for Liberal Democratic Party
  • Party will take election outcome seriously

Source: news.bloombergtax.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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