- Prime Minister Sanae Takaichi criticized Japan’s inflexible cash register systems as “embarrassing” due to their inability to quickly adapt to tax changes.
- She urged for faster development of systems that can accommodate various tax rates, especially in response to emergencies.
- Cash register manufacturers said it would take about a year to modify systems for a zero-tax rate on food, casting doubt on implementing the policy by fiscal 2026.
- Reducing the tax rate to 1% instead of zero could shorten the modification period to three to six months.
- Takaichi expressed determination to implement the zero-tax rate as soon as possible.
Source: mainichi.jp
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.
