- Japanese Prime Minister Sanae Takaichi plans to submit a bill soon to cut the consumption tax on food products.
- The proposal would reduce the tax on store-bought food from 8% to 1% for two years starting April 1, 2027.
- The measure is intended to help households cope with rising living costs.
Source: jen.jiji.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.
