TOKYO : The tax head of Japan's ruling party said on Friday that an annual tax-code revision for the next fiscal year was likely to cause tax revenue to decline by at least around 200 billion yen when deductions to encourage companies to raise wages were included.
Yoichi Miyazawa, chair of the Liberal Democratic Party's tax commission, was speaking to reporters after the party and its coalition ally Komeito approved an annual tax reform plan.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japan Nov wholesale inflation spikes on rising raw material costsTOKYO : Japan's wholesale prices spiked 9.0per cent in November from a year earlier, data showed on Friday, in a sign supply bottlenecks and rising raw material costs continue to squeeze corporate profits.The rising cost pressures, coupled with a weak yen that inflates the price of imported goods, adds to
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Toyota to halt production at 2 Japan factories due to supply shortage -JijiTOKYO : Japanese automaker Toyota Motor Corp will halt production at two domestic factories in Japan due to a supply shortage, news agency Jiji reported on Thursday. (Reporting by Sakura Murakami; Editing by Jacqueline Wong)
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan to swiftly consider steps on capital gains tax reform -draftTOKYO : Japan's ruling party on Thursday approved a plan that steered clear of major new taxes on carbon and capital gains, in a sign Prime Minister Fumio Kishida may struggle to win consensus on contentious issues like climate change and wealth distribution.Japan will swiftly consider steps on capital ga 股市暴跌，錢都沒有了，拿什麼來繳稅？
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan's ruling bloc endorses draft reform focusing on tax breaks for wage hikesTOKYO: Japan\u0027s ruling party approved a draft tax plan on Thursday (Dec 9) that rewards businesses that raise wages but shied away from ambitious reforms around climate change or capital gains, two key policy issues for Prime Minister Fumio Kishida. The government will \u0022comprehensively consider\u0022 capital gai
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Japan to swiftly consider steps on capital gains tax reform -draftTOKYO : Japan's ruling party on Thursday approved a plan that steered clear of major new taxes on carbon and capital gains, in a sign Prime Minister Fumio Kishida may struggle to win consensus on contentious issues like climate change and wealth distribution.Japan will swiftly consider steps on capital ga 股市暴跌，錢都沒有了，拿什麼來繳稅？
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
North Korea wants to give candies to kids for Kim Jong Un's birthday, but it's making its citizens pay to produce them: reportSnacks are typically given to children on the Kims' birthdays, but a massive food shortage this year led officials to impose a tax on ingredients.
Source: YahooSG - 🏆 3. / 71 Read more »