When Japan's consumption tax goes up from 8 percent to 10 percent next month, it looks set to cause no small amount of confusion for shoppers and sellers alike. That's because the new regime will ...

Japan plans to revise its consumption tax exemption system for foreign visitors to halt illegal resales within the country of goods bought at duty-free stores. The system exempts souvenirs and ...

Back in 2023, Japan mulled changing ... Currently, the Japanese tax-free shopping system is one of the most convenient in the world, with the 10 percent consumption tax deducted right at the ...

The government pledges to start providing free preschool education as soon as the consumption tax rate goes up from 8 to 10 percent. The Bank of Japan forecasts that the net increase in tax payers ...

Pay Full Price at Stores: Tourists will pay the total cost of their purchases, which includes Japan’s standard 10% consumption tax and an 8% tax for food items. Keep Receipts: Ensure you collect ...

various phenomena related to consumption in Japan, such as the consumption tax rate hike, the consumption stimulating effect of the special cash payment, the child allowance benefit issue, and the ...

Japan's economy ... "Basically, we expect consumption to continue to recover," said Kengo Tanahashi, economist at Nomura Securities. "In addition to the fixed-rate tax reductions starting in ...