• Kyodo News


Tax revenues in November dropped 7.2 percent from a year earlier to ¥7.123 trillion as corporate tax revenues continued to slide due to declining profits amid the global economic downturn, the Finance Ministry said Monday.

Corporate tax revenues sank 11.6 percent in November to ¥3.876 trillion, the ministry said.

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.