Selective consumption tax weighed

Reference | EXPLAINER Jul 21, 2014

Selective consumption tax weighed

by Ayako Mie

It's only been three months since the consumption tax was hiked to 8 percent, but the ruling coalition is already expediting talks on another increase scheduled to come into effect in October next year. Concerned that the tax hikes could harm consumer confidence, the ruling ...

Editorials Jul 7, 2014

Getting multiple tax rates to fly

The ruling coalition parties are trying to decide whether to introduce a reduced consumption tax on some daily necessities when the current 8 percent rate rises to 10 percent in October 2015.