The following is the latest list of selected news summaries by Kyodo News.----------Japan mulls compensating local governments for revenue lost to food tax cutTOKYO - Japan is considering compensating local governments for revenue losses from a planned reduction in the consumption tax rate on food and beverages from April 2027, government sources said Tuesday.Amid growing concern among local governments about the impact on public services, the state is looking to use special local grants to cover temporary revenue losses from the tax cut, which Prime Minister Sanae Takaichi has described as…READ FULL ARTICLE
