The 2 trillion yen special tax cuts announced Wednesday by Prime Minister Ryutaro Hashimoto will mean roughly 65,000 yen for an average household of a married couple with two children, government sources said Wednesday.
For salaried workers, the tax cuts will appear in the form of a smaller income tax payment for February and residential tax for June, the sources said.
Unable to view this article?
This could be due to a conflict with your ad-blocking or security software.
Please add japantimes.co.jp and piano.io to your list of allowed sites.
If this does not resolve the issue or you are unable to add the domains to your allowlist, please see this support page.
We humbly apologize for the inconvenience.
In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.
SUBSCRIBE NOW
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.