Japanese National Government Plans Full Compensation for Local Revenue Losses from Tax Cut

Tokyo intends to present a comprehensive plan to municipal leaders guaranteeing full financial reimbursement for budget shortfalls resulting from upcoming reductions in the national consumption tax.

5 Sept, 09:21 — 5 Sept, 09:21

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japan-timesMostly Factual12h ago

Government may fully cover local losses from consumption tax cut

The national government is expected to present the plan at a meeting with local governments to be held shortly.

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Japanese National Government Plans Full Compensation for Local Revenue Losses from Tax Cut

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Government may fully cover local losses from consumption tax cut

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