Tax revenues in August increased 11 percent from a year earlier to 5.152 trillion yen, due primarily to income tax levied on a large volume of maturing long-term postal savings, the Finance Ministry said Monday.

Income tax revenues rose 34.7 percent to 2.027 trillion yen, while revenues from withholding tax grew 36.1 percent to 1.988 trillion yen and revenue from declared income tax fell 10.3 percent to 38.59 billion yen.

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 out 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.