- Japanese leaders agreed to raise the minimum income tax threshold to 1.78 million yen (approximately $11,500).
- Taxpayers earning up to 6.65 million yen (approximately $43,000) will also see an increased basic deduction.
- Legislation to implement these changes is expected to be passed quickly during the current fiscal year.
- Taxpayers earning up to 6.65 million yen (approximately $43,000) will also see an increased basic deduction.
- Legislation to implement these changes is expected to be passed quickly during the current fiscal year.
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Japan's ruling bloc and DPFP to continue talks on raising taxation threshold
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Summary
Japan to raise minimum income tax threshold to ¥1.78M (~$11,500). Basic deduction also increased for earners up to ¥6.65M (~$43,000). Legislation expected soon. #Japan #tax
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| Date | Name | Words | Time | WPM |
|---|---|---|---|---|
| 2025/12/19 08:06 | Anonymous | 51 | 25s | 122 |
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ID: 3a196f08-84ad-4c2f-968c-a6a87570e34a
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251218_27/#summary
Date: Dec. 18, 2025
Notes: 2025-12-18
Created: 2025/12/18 23:40
Updated: 2025/12/19 08:06
Last Read: 2025/12/19 08:06