Japan to Raise Income Tax Threshold to 1.68 M. Yen
Tomas Kauer - News Writer and Moderator 
Tokyo, Dec. 11 (Jiji Press)--The Japanese government and ruling parties are considering raising the minimum taxable income threshold from the current 1.6 million yen to 1.68 million yen in 2026, it was learned Thursday. The minimum taxable income level represents the combined amount of basic deductions, applied to all people with incomes, and employee income deductions, which salaried worke...
