Japan Govt Adopts Package including Food Tax Cut
Tokyo, Sept. 15 (Jiji Press)--Japan's government adopted a tax system reform package featuring a temporary consumption tax cut for food and an income-linked benefit program, at an extraordinary cabinet meeting Tuesday. The consumption tax rate on food will be lowered from the current 8 pct to 1 pct for two years starting next April, while the program to provide low- and middle-income worker...
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