P5 News
Shonan Tax Office No. 175
April 2004

Tax Revenue

        On March 26th, revised tax law was passed the House of Councilors and became effective on April 1st. Tax laws have been reviewed every year, yet the government hardly discusses the issues. Bills are simply passed through the House of Councilors.

Revisions are mainly about the property tax and raising taxes for seniors. The tax for transferring the property was reduced, yet the reduction of 1 million yen for long-term transfer income was abolished.


            The consumption tax has been changed since April. The price tags mush be shown as whole price which include the consumption tax. Retailers did not want to raise the price, so they made subcontractors to be sold cheaper.

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