• Email Us: [email protected]
  • Contact Us: +1 718 874 1545
  • Skip to main content
  • Skip to primary sidebar

Medical Market Report

  • Home
  • All Reports
  • About Us
  • Contact Us

Japan PM Kishida says has no plan to alter capital-gains, dividend taxes

October 10, 2021 by David Barret Leave a Comment

October 10, 2021

TOKYO (Reuters) – Japan’s new Prime Minister, Fumio Kishida, said on Sunday he won’t seek to change the country’s taxes on capital gains and dividends for now as he intends to pursue other steps for better wealth distribution, such as raising wages of medical workers.

Kishida, who has vowed to rectify wealth disparities, had previously said reviewing those taxes would be an option in addressing income gaps.

Kishida took the top job in the world’s third-largest economy on Monday, replacing Yoshihide Suga, who had seen his support undermined by surging COVID-19 infections.

“I have no plan to touch the financial income tax for the time being … There are many other things to tackle first,” Kishida told a news programme on commercial broadcaster Fuji Television Network.

“Misunderstanding is spreading that I may do it soon. That will give unnecessary worry to people concerned if not dispelled firmly.”

Some investors have expressed concern that the new premier may press ahead with capital-gains tax hikes, signalling a turnaround from investor friendly economic policies pursued by Japan’s longest-serving premier Shinzo Abe from 2013 to 2020.

Japan’s benchmark Nikkei average has declined 7% since Kishida won the ruling Liberal Democratic Party’s (LDP) leadership election late last month, practically securing the post of premier by virtue of the LDP’s parliamentary majority.

(Reporting by Kiyoshi Takenaka; Editing by Muralikumar Anantharaman)

Source Link Japan PM Kishida says has no plan to alter capital-gains, dividend taxes

David Barret
David Barret

Related posts:

  1. Texas city to offer Samsung large property tax breaks to build $17 billion chip plant
  2. U.S. sanctions several Hong Kong-based Chinese entities over Iran -website
  3. Banks beware, outsiders are cracking the code for finance
  4. Qantas to bring forward restart of international flights to November

Filed Under: News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published.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

Primary Sidebar

  • Ancient Asteroid Ripped Apart In Collision Had Flowing Water
  • Flying Foxes Include The World’s Biggest Bat And The Largest Mammal Capable Of True Flight
  • NASA Responds To Claims That Interstellar Object 3I/ATLAS Is An Advanced Alien Spacecraft
  • Millions Of Tons Of Gold Are In Earth’s Oceans, Potentially Worth Over $2 Quadrillion
  • The Race Back To The Moon: US Vs China, Will What Happens Next Change The Future?
  • NOAA Issues G3 Geomagnetic Storm Warning As 500,000 Kilometer Hole Sends Solar Wind At Earth
  • Lasting 776 Days, This Is The Longest Case Of COVID-19 Ever Recorded
  • Living Cement: The Microbes In Your Walls Could Power The Future
  • What Can Your Earwax Reveal About Your Health?
  • Ever Seen A Giraffe Use An Inhaler? Now You Can, And It’s Incredibly Wholesome
  • Martian Mudstone Has Features That Might Be Biosignatures, New Brain Implant Can Decode Your Internal Monologue, And Much More This Week
  • Crocodiles Weren’t All Blood-Thirsty Killers, Some Evolved To Be Plant-Eating Vegetarians
  • Stratospheric Warming Event May Be Unfolding In The Southern Polar Vortex, Shaking Up Global Weather Systems
  • 15 Years Ago, Bees In Brooklyn Appeared Red After Snacking Where They Shouldn’t
  • Carnian Pluvial Event: It Rained For 2 Million Years — And It Changed Planet Earth Forever
  • There’s Volcanic Unrest At The Campi Flegrei Caldera – Here’s What We Know
  • The “Rumpelstiltskin Effect”: When Just Getting A Diagnosis Is Enough To Start The Healing
  • In 1962, A Boy Found A Radioactive Capsule And Brought It Inside His House — With Tragic Results
  • This Cute Creature Has One Of The Largest Genomes Of Any Mammal, With 114 Chromosomes
  • Little Air And Dramatic Evolutionary Changes Await Future Humans On Mars
  • Business
  • Health
  • News
  • Science
  • Technology
  • +1 718 874 1545
  • +91 78878 22626
  • [email protected]
Office Address
Prudour Pvt. Ltd. 420 Lexington Avenue Suite 300 New York City, NY 10170.

Powered by Prudour Network

Copyrights © 2025 · Medical Market Report. All Rights Reserved.

Go to mobile version