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Feel that your pay packet is a little lighter these days? Perhaps it is a raise in your insurance, or maybe you bonus is a little smaller. While those maybe a problem, pesky tax increases (zozei 増税) are also taking effect, so watch your wallet carefully.
After the Great Tohoku Earthquake, the already debt laden Japanese government needed to find a way to cover the monumental costs incurred by this unprecedented natural disaster. In order to help put the Tohoku region back together, a special "reconstruction tax" (fukko tokubetsu-zei 復興特別税) has been added and a planned five percent decrease to the corporate tax rate was scraped.
After the Great Tohoku Earthquake, the already debt laden Japanese government needed to find a way to cover the monumental costs incurred by this unprecedented natural disaster. In order to help put the Tohoku region back together, a special "reconstruction tax" (fukko tokubetsu-zei 復興特別税) has been added and a planned five percent decrease to the corporate tax rate was scraped.











