Live Streaming
Program Highlight
Company Profile
Zona Integritas
Friday, 04 February 2022 15:36

Japan has no plans to review sales tax rates, finance minister says

Written by 
Rate this item
(0 votes)

 

5QQ4DQWDLJJNNNI2H6IYTXGBYA.jpg

 Japanese is not considering reviewing future national sales tax rates as the current 10% levy provides a vital source of funding the social security spending to support its ageing population, the finance minister said on Friday.

Shunichi Suzuki told reporters after a cabinet meeting that Japan must tackle spending and revenue reform to win market trust in its fiscal position, which he said was severe. (Reuters)

Read 278 times