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Tax Increases on Corporate, Tobacco Rates in Japan in April to Fund Greater Defense Spending, Income Tax Will Rise Next Year

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By Yui Orita and Taku Mukoyama / Yomiuri Shimbun Staff Writers

16:58 JST, March 25, 2026

The rates for tobacco and corporate taxes will be raised from April to secure financial resources to strengthen defense capabilities, and income taxes are also expected to be increased from January next year.

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