- Japan’s lower house is considering a bill to temporarily reduce the consumption tax on food and beverages to zero from Oct. 1, 2026, to Sept. 30, 2027, with a possible extension to Sept. 30, 2028, and to introduce related tax credits. The law would take effect upon promulgation.
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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