01/22/2012 (4:32 pm)

Japan May Exempt Housing Purchases From Any Sales Tax Increase, Azumi Says - Bloomberg

Filed under: Uncategorized, stocks |

Japan may exempt home purchases from any increase in its sales tax, or reduce the amount of increase, Finance Minister Jun Azumi said.

Prime Minister Yoshihiko Noda aims to double the 5 percent sales tax by 2015 to boost revenue and contain a public debt burden twice the size of Japan

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