JAPAN LOCAL TAX DIVERSION SCHEME BOOSTS WAGYU BEEF SALES
January 1st, 2017
A new scheme by Miyazaki Prefecture in southern Japan that offers local wagyu and other products in return for local tax payments to its municipalities from residents in other parts of the country is helping to support livestock farmers and meat producers in the area.
According to Kenta Murahashi of the Kyushu island prefecture’s All Miyazaki Business Division, evidence from fiscal 2015, the first year of the gift scheme, indicates it has had an “economically good impact” on the prefecture’s meat industry.
Meat is within the top three most popular tax ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.