- Komeito, Japan’s junior ruling coalition partner, plans to propose a tax cut
- The proposal is to reduce the consumption tax rate for food items
- The suggested reduction is from 8 percent to 5 percent
- This proposal is part of a campaign pledge for the upper house election in July
Source: tradingview.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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