- Japan's ruling coalition is raising the minimum annual income subject to taxation to 1.78 million yen.
- Taxpayers earning up to 6.65 million yen will receive an increased basic deduction.
- An income tax increase to fund defense will begin in January 2027.
- Taxpayers earning up to 6.65 million yen will receive an increased basic deduction.
- An income tax increase to fund defense will begin in January 2027.
Similar Readings (2 items)
Summary
Japan's tax system is changing: minimum taxable income rises to ¥1.78M, basic deduction increases for those earning up to ¥6.65M. A defense-funded income tax hike begins Jan 2027. #taxreform #Japan
Reading History
| Date | Name | Words | Time | WPM |
|---|---|---|---|---|
| 2025/12/20 08:20 | Anonymous | 44 | 28s | 94 |
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ID: f4bf1afa-58a0-4945-9475-9348d5743878
Category ID: listed_summary
URL: https://www3.nhk.or.jp/nhkworld/en/news/20251219_16/#summary
Date: Dec. 19, 2025
Notes: 2025-12-19
Created: 2025/12/19 20:40
Updated: 2025/12/20 08:20
Last Read: 2025/12/20 08:20