Sales tax

There is a sales tax in Japan. The current tax rate is 8%. In other words, when you buy a 1,000 yen item, you need to pay 1,080 yen.

TAX IllustrationAlthough it was scheduled to be raised to 10% from April 2017, it was postponed to October 2019 from the economic trend.

The increasing of the sales tax is a heavy burden on low income people. Moreover, it surely stagnates consumption activity. Therefore, it may be postponed again depending on economic circumstance and election results.

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