Japan’s Takaichi to order food tax cut to 1%: Reports

🇯🇵 The Straits Times (JP) —
Japan’s Takaichi to order food tax cut to 1%: Reports

AI Summary

Japan is reportedly planning to reduce its food sales tax from 8% to 1% to reduce the financial burden on consumers. This policy move aims to stimulate consumption within the country.

Japan currently has an 8 per cent food sales tax.

Politics Markets Japan food tax sales tax cut economic policy consumer spending

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