Japan to reap record 2024 tax revenue

By Reuters

Nov 29, 2024 12:09 am

TOKYO – Japan's tax revenues are likely to hit a record high for a fifth straight year in the current fiscal year ending in March 2025, four government sources told Reuters.

The government will tap the additional revenues to fund part of a 13.9-trillion-yen ($91.7-billion) spending package aimed at cushioning the blow to households from rising living costs.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

US consumer confidence fell in Feb

Hong Kong Disneyland logs record net profits

Bitcoin slides under $90,000

Facebook parent eyes $200-B AI data center

Apple to keep DEI policies

SG banks declare multi-billion capital returns

Chinese competition regulator holds talks with Alibaba, Mercedes-Benz