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  2. Taxation in Japan - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Japan

    The 5% is made up of a 4% national consumption tax and a 1% local consumption tax. [7] Shortly after the tax was introduced, Japan fell into recession, [8] which was blamed by some on the consumption tax increase, [9] and by others on the 1997 Asian financial crisis.

  3. List of countries by tax rates - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by_tax_rates

    Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.

  4. Consumption tax - Wikipedia

    en.wikipedia.org/wiki/Consumption_tax

    A consumption tax is a tax levied on consumption spending on goods and services. The tax base of such a tax is the money spent on consumption. Consumption taxes are usually indirect, such as a sales tax or a value-added tax. However, a consumption tax can also be structured as a form of direct, personal taxation, such as the Hall–Rabushka ...

  5. ETFs in Focus on Japan's Consumption Tax Hike - AOL

    www.aol.com/news/etfs-focus-japans-consumption...

    The government of Japan's move to inch up consumption rates to 10% from 8% brings some of the country's ETFs in spotlight.

  6. Monetary and fiscal policy of Japan - Wikipedia

    en.wikipedia.org/wiki/Monetary_and_fiscal_policy...

    In 2011 Japan's public debt was about 230 percent of its annual gross domestic product, the largest percentage of any nation in the world. [1] In order to address the Japanese budget gap and growing national debt, in June 2012 the Japanese Diet passed a bill to double the national consumption tax to 10%. [2]

  7. Abenomics - Wikipedia

    en.wikipedia.org/wiki/Abenomics

    The IMF affirmed that Japan's nominal GDP contracted by $1.8 trillion during 2012–2015 while real GDP contracted at an annual rate of 6.8 percent [58] in the second quarter of 2014, after the Consumption Tax hike came into effect in April.

  8. National debt of Japan - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_Japan

    In order to address the Japanese budget gap and growing national debt, the Japanese National Diet, at the urging of Prime Minister Yoshihiko Noda of the Democratic Party of Japan (DPJ), passed a bill in June 2012 to double the national consumption tax to 10%. [16] This increased the tax to 8% in April 2014. [17]

  9. These 89 Appetizers Might Just Be The Best Part Of ... - AOL

    www.aol.com/89-appetizers-might-just-best...

    The biggest food holiday of the year is right around the corner, so we know you're about to be busy planning everything for the best Thanksgiving ever: the turkey, casseroles, veggies, potatoes ...