Thursday , 12 December 2024
Home Forex Reports Japan is considering a 4% corporate tax surcharge – to go toward defence spending
Forex

Reports Japan is considering a 4% corporate tax surcharge – to go toward defence spending

Details are sparse – Japan media report. Kyodo.

This doesn’t sound like a vote winner.

Japanese firms looking at:

  • weak yen pushing up imported raw material and energy costs
  • higher PPI more generally
  • wage demands
  • weak consumer demand
  • likely rate hikes

And now higher tax?

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

European equities kick start the day with slight gains

Eurostoxx +0.2%Germany DAX +0.2%France CAC 40 +0.4%UK FTSE +0.1%Spain IBEX -0.1%Italy FTSE...

What are the main events for today?

Today is likely to be the busiest day of the month as...

China says that it is open to communication with Trump administration on economy, trade

If you recall, it has always been the case that both sides...

Eurostoxx futures -0.1% in early European trading

German DAX futures -0.2%UK FTSE futures +0.1%This mirrors the mood in US...