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Japan Hikes National Sales Tax From 8 to 10%.

Japan has increased its national sales tax to 10% from 8% on Tuesday, a significant policy change that could tilt the world's third-largest economy into recession by depressing consumer sentiment, reported Market Watch.

The last two times policymakers increased the sales tax, 2-point rise to 5% in 1997 and another to 8% in 2014, an economic contraction shortly followed.
Redigert 02.10.2019 kl 07:50 Du må logge inn for å svare