April 01, 2012

Japanese customers brace for consumption tax hikes, 8% in 2014 and10% in October 2015 as new bill passed

Book : Hunger Games

"The bill, approved by the Cabinet and submitted to the Diet on Friday, would increase the 5 percent consumption tax in two stages, to 8 percent in April 2014 and to 10 percent in October 2015, to cover swelling social security costs."

Source: Ozawa slams Cabinet tax hike approval
Japan Times
April 1st, 2012

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