Tuesday, April 01, 2014

Japanese customers will see sales tax increase today in Japan from 5 to 8 per cent


Local green grocer Japan Copyright Peter Hanami 2009
Picture: Local green grocer Japan


Today Tuesday 1st April 2014, consumer sales tax rises for Japanese Customers from 5 per cent to 8 per cent in Japan


"...April 1, the day of the consumption tax rise...Even at 8 per cent, rising from 5 per cent, Japan's tax rate will be less than half the OECD average"


Source: Consumers caught up in Japan's retail numbers game
By Ben McLannahan
Financial Times
AFR
Tues 25/3/2014, page 27