Japan's departure tax revenue hits record high in FY 2024

Japan's revenue from a departure tax collected from travelers in fiscal 2024 hit a record high amid an influx in the number of visitors, the Finance Ministry said Monday.Although revenue from the tax for the full fiscal year, which runs from April to March, has yet to be calculated with final receipts gathered by the end of May, the total has already reached 48.1 billion yen ($34 billion), eclipsing the previous record of 44.3 billion yen in fiscal 2019, it said. The full total will be announced later.The government imposes a 1,000 yen International Tourist Tax on each traveler leaving the …READ FULL ARTICLE