Government to submit bill on food consumption tax reduction to parliament

🇯🇵 The Japan Times (JP) —

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Prime Minister Sanae Takaichi’s government plans to introduce a bill reducing Japan’s consumption tax on food and nonalcoholic beverages from 8% to 1%. The proposed rate change is scheduled to take effect in April.

Prime Minister Sanae Takaichi's government plans to reduce the food and nonalcoholic beverage consumption tax from 8% to 1% starting in April.

Politics Markets Japan consumption tax food tax tax reduction Sanae Takaichi parliament bill

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