National Jul 28, 2021

Hometown tax donations hit record high in fiscal 2020

The total amount of money collected under the furusato nōzei (hometown tax donation) system in fiscal 2020, which ended in March, rose to a record high of ¥672.5 billion, it was learned Wednesday. The figure jumped 1.4-fold from ¥487.5 billion in the previous year. The number ...

Business Jun 14, 2016

Donations to municipalities of choice grow fourfold in fiscal 2015

Donations to municipalities that qualify as tax-deductable soared over fourfold in fiscal 2015 from a year earlier, the government said Tuesday. The donations in fiscal 2015 totaled ¥165.29 billion, compared with ¥38.85 billion in fiscal 2014, the Internal Affairs and Communications Ministry said. It attributed the ...