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Saturday, March 28, 2015

Japan's Goal of 10,000 Tax-Free Shops Already Met

Above, there are many duty-free shops to be found in Tokyo's Akihabara "Electric Town." Photo by Armand Vaquer.

It is always great news when targets that are set for a certain number by a certain year are met much earlier than expected.

Such is the case of Japan's goal of 10,000 duty-free shops by 2020. They've already achieved that goal.

According to Customs Today:
TOKYO: Japanese stores are offering tourists tax free shopping. In fact, the government’s growth target of 10,000 tax-free shops by 2020 has already been achieved since it was implemented in October. 
Tax free Shopping have hit their government target five years early, as the number offering the service shot up by 60% in the last six months. 
As of October 1st, duty-free products in Japan, previously limited to electronics and clothing, included items like food and cosmetics.
 To read more, go here.

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