Ruling bloc adopts tax reform package

Ruling bloc adopts tax reform package

The Yomiuri Shimbun Yoichi Miyazawa, right, chairman of the Liberal Democratic Party’s Research Commission on the Tax System, speaks at a press conference in Tokyo on Thursday as Komeito’s tax panel chief Tetsuo Saito sits next to him.
TOKYO (Jiji Press) — The ruling coalition adopted an annual tax system reform package on Thursday, featuring a plan to raise income tax for salaried workers earning over ¥8.5 million a year.

The package also seeks to create a new tax in January 2019 to collect ¥1,000 per person from anyone who leaves Japan to secure funds for promoting the country’s tourism.
While […]

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