LDP still considering cutting sales tax to zero for food
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Source: The Japan Times
Published: 2026-06-16 12:00 UTC+10:00
Section: BUSINESS
Factuality Score: 95
Opinion Category: Neutral
Topics: Politics, Business, Asia, Economy & Finance, Law & Courts, Tax & Budget, Food & Agriculture, Business & Economy, Asia Pacific
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Snippet:
Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party party is continuing to focus on whether to cut the sales tax on food to zero, largely casting aside proposals for a smaller reduction to 1% that would be easier for retailers to implement.
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