Japan Govt Adopts Legislation on Consumption Tax Cut
Tokyo, Oct. 9 (Jiji Press)--The Japanese government at a cabinet meeting Friday adopted legislation to cut the consumption tax rate for food and introduce a benefit program linked to income levels. As a temporary measure to tackle soaring prices, the government of Prime Minister Sanae Takaichi, who heads the ruling Liberal Democratic Party, plans to cut the 8 pct consumption tax rate for fo...
We haven't written up this one. Nippon.com News has the full story — the link below goes straight to it.
