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‘Annual Income Barrier’ Could Be Lifted to ¥1.78 Million; Change Was First Agreed on in December 2024
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‘Annual Income Barrier’ Could Be Lifted to ¥1.78 Million; Change Was First Agreed on in December 2024
The government and the ruling Liberal Democratic Party intend to raise the “annual income barrier” — the income threshold for the imposition of income tax — from the current level of ¥1.6 million to ¥1.78 million.
·Japan
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100% Right
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