- Japan’s 10% consumption tax may be lowered, becoming a major issue in the upcoming lower house election.
- Both ruling and opposition parties are considering including tax reduction in their campaign pledges.
- The ruling LDP is discussing a proposal to temporarily make food tax-free.
Source: asia.nikkei.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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