TOKYO - Japan's tax revenue for fiscal 2025 ended March is expected to set a record high for the sixth straight year, exceeding 84 trillion yen ($517 billion), a source close to the matter said Thursday.
The expected total is up about 9 trillion yen from 75.23 trillion yen in fiscal 2024, as strong corporate earnings lifted corporate tax revenue while inflation and wage growth supported consumption and income tax revenues.
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