Japan may end tax-free shopping for tourists to curb fraud and boost state revenue, despite industry opposition.

Japan's revenue from a departure tax collected from travelers in fiscal 2024 hit a record high amid an influx in the number of visitors, the Finance Ministry said Monday. Although revenue from the tax ...

The expected revenue increase in the past year puts the spotlight ... How about using the 40 billion yen surplus in international tourist tax to fund a panel of middle-aged Japanese “Karens” to draft ...

TOKYO (Reuters) -Japan's tax revenues are likely to hit a record high for a fifth straight year in the current fiscal year ending in March 2025, four government sources told Reuters. The ...

Japan’s tax revenues reached another record ... the Finance Ministry reported Wednesday. Income tax revenue slipped to ¥22.1 trillion from ¥22.5 trillion in fiscal year 2022, while corporate ...

TOKYO – Japan's tax revenues are likely to hit a record high for a fifth straight year in the current fiscal year ending in March 2025, four government sources told Reuters. The government will ...

Japan will lean heavily on extra tax revenue in a ¥13.9 trillion ($92 billion) additional budget to finance Prime Minister Shigeru Ishiba’s stimulus package, according to people familiar with ...

In a 2021 report, the tax agency said duties on liquor had been a major revenue source for the government for centuries, but had declined in recent decades. Japan received 1.1 trillion yen ($8.1 ...

"Japan's goal of running a primary budget surplus ... as the outcome of the discussions on the tax revision would impact tax revenue for the year. In a news conference, Finance Minister Katsunobu ...

Japan's revenue from a departure tax collected from travelers in fiscal 2024 hit a record high amid an influx in the number ...

while corporate tax revenue grew to ¥15.9 trillion from ¥14.9 trillion. Even with the revenue gains, Japan’s fiscal plight is severe. The nation shoulders the heaviest public debt burden among ...

JAPAN’S tax revenues reached another record in the fiscal year ended in March, a positive outcome partly driven by the weak yen and sticky inflation. Tax income for the latest fiscal year rose to 72.1 ...