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

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 66%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

TOKYO : Japanese is not considering reviewing future national sales tax rates as the current 10per cent 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 Jap

TOKYO : Japanese is not considering reviewing future national sales tax rates as the current 10per cent 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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines