• 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Your email address will not be published.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

  • Unexpected Discovery Hints We Might Be Inside A Black Hole
  • Why Are People Talking About This “Square Structure” Captured On Mars?
  • The World Has Five Oceans, Not Four – Discover The Latest One
  • Just 80 Percent Of People Can Perceive This Optical Illusion And No One Knows Why
  • Something Other Than Geological Processes Or Humans Created These Caves
  • Can Black Holes Lead To Other Places In The Universe?
  • The Devastating Communication Problem Facing Light-Speed Travel
  • The Great British Pet Massacre: One Of The Saddest Tragedies Of 1939
  • Would A Vacuum-Filled Balloon Float?
  • Queen Ant Produces Babies Of 2 Different Species, For The First Time Ever We Have A Complete Map Of Brain Activity, And Much More This Week
  • Yes, Your Attention Span Might Have Shortened, But That Might Not Be A Terrible Thing
  • This May Be The First Known Portrait Of A Viking – And It’s A Sexually Rampant “Beard Fondler”
  • The Largest Snake In Captivity Is A Humongous 7.7-Meter Reticulated Python Called Medusa
  • Poo Power: How Animal Dung Could Unlock New Antibiotic Treatments
  • Perfectly Preserved Dinosaur Tail Found Inside 99-Million-Year-Old Amber Was Mistaken For A Plant
  • Why Aren’t Full Photos Of The Milky Way Real? A NASA Analyst Explains The Obvious
  • Freaky Ratfish Have Teeth Growing Out Of Their Foreheads, And They Use Them For Love
  • The Largest Turtle Ever Known To Have Lived Was An Absolute Unit
  • “It Literally Leapt Out Of The Rock At Us”: How Violent Storms Led To The Extraordinary Preservation Of Baby Pterosaurs
  • This Is The Reason Why Earth’s Core Exists, And It’s More Interesting Than You Might Think
  • 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