TOKYO - Prime Minister Sanae Takaichi said Sunday she aims to begin implementing a two-year suspension of the 8 percent consumption tax on food and beverage items within fiscal 2026, starting in April.
"My idea is that the two-year (break on food tax) would bridge the period until a refundable tax credit system is designed and implemented," she said during a TV program. Reducing the tax rate has become a major point of debate in the lower house election on Feb. 8.
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