Seeking Alpha

Consumption tax hike in Japan only days away

  • Retailers in Japan are seeing a rush of traffic with a consumption tax hike in the nation only days away.
  • The sales tax rate will rise 600% to 8% on April 1.
  • Consumer electronics sellers and Japanese automaker (NSANY, TM, HMC, MZDAY, SZKMY, FUJHY, MMTOF) are seeing the biggest flurry of activity.
Comments (1)
  • Viper740
    , contributor
    Comments (283) | Send Message
    "The sales tax rate will rise 600% to 8% on April 1."


    ...uhh, shouldn't this read 60%, NOT 600%?!
    30 Mar 2014, 04:14 AM Reply Like
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