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Tuesday, October 31, 2017

Japan Plans "Exit Tax"

Above, the Kachidoki Bridge that was toppled over by Godzilla in 1954. Photo by Armand Vaquer.

Foreign visitors to Japan may be subjected to an "exit tax" if the proposed plan is enacted.

According to The Mainichi:
The Japanese government is moving toward preparations to enact an "exit tax" on people leaving Japan starting in fiscal 2019, the first new national tax in 27 years. 
The tax would be 1,000 yen per person and be included in the price of the traveler's plane ticket out of the country. The tax plan will be included in the outline of 2018 fiscal year tax revisions planned to be compiled at the end of 2017 with the aim of enacting the tax the next fiscal year. If introduced, it will be the first new permanent tax since the 1992 land value tax.

To read more, go here

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