The following is the latest list of selected news summaries by Kyodo News.----------Japan to cut consumption tax on food to 1% from April 2027: PMTOKYO - Japanese Prime Minister Sanae Takaichi on Thursday said her government will implement a cut in the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting next April, as households continue to struggle with high prices.The tax cut, which will be coupled with cash handouts to low- to middle-income earners to effectively reduce the tax burden to zero, was unveiled during a meeting of ruling L…READ FULL ARTICLE
