Karnidge 2 Posted February 1, 2006 Share Posted February 1, 2006 So when do you think they're gonna up it? and to what? There's a lot of talk, they preparing us. Link to post Share on other sites
number9 0 Posted February 1, 2006 Share Posted February 1, 2006 They want to raise it to 10%, but not all at once because of concerns about stalling economic recovery/growth, obviously. http://headlines.yahoo.co.jp/hl?a=20060130-00000575-reu-bus_all Maybe they'll do it in two steps. Raise it to 7-8% immediately, then to 10% some years later. But apparently government calculations (probably optimisitic regarding population figures) the rate has to be raised to 12-14% by 2015 to deal with rising healthcare costs and dwindling tax base. Japan does have low taxes compared to many nations, and the increase will be somewhat hidden depending on the product or service because the price includes the tax, by law. But when that law came into effect, we saw that companies weren't gonna just swallow that. Link to post Share on other sites
charlotte 0 Posted February 2, 2006 Share Posted February 2, 2006 When did it go up to 5%? Link to post Share on other sites
white-void 0 Posted February 2, 2006 Share Posted February 2, 2006 It was about 4 or 5 years ago I think. Link to post Share on other sites
pie-eater 207 Posted February 3, 2006 Share Posted February 3, 2006 Yes then it was one or two years ago when they had to show the tax-included prices on things in the shops. Link to post Share on other sites
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