< Back to situations

[PERSON]

Governor Hiroshi Hanakaku

Featured in 1 tracked story · first seen

Situations

[ACTIVE] [POLITICS] [BUSINESS] [JP]

Japan food tax cut approved, financing debated

14 clusters · 64 sources · last updated

Latest: Japan approves two‑year 1% food tax cut, sparking fiscal concerns

Japan’s cabinet gave final approval on 5 August 2026 to a two‑year reduction of the consumption tax on food, cutting the rate from 8 % to 1 % beginning in April 2027. The plan also adds a 1 % cash rebate, effectively nul