Japan's Ruling Party Advances Proposal to Cut Food Consumption Tax to 1%
The Liberal Democratic Party moves forward with a plan to reduce the food tax from 8% to 1% for two years starting April, amid rising food prices and funding uncertainties.
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The Liberal Democratic Party moves forward with a plan to reduce the food tax from 8% to 1% for two years starting April, amid rising food prices and funding uncertainties.
Showing 97-120 of 387 articles.
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Prime Minister Sanae Takaichi advances a $30 billion reduction in the consumption tax on food to ease household inflation pressures despite fiscal challenges.
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Nikkei Asia | Jul 23, 2026, 4:24 AMShowing 97-120 of 387 articles.