Japan to Introduce Departure Tax in April 2019 (News)
Tokyo, Dec. 1 (Jiji Press)—The Japanese government and ruling coalition decided Friday to introduce a departure tax of ¥1,000 per person in April 2019 in order to secure funds for tourism.
The planned tax, to be imposed on both Japanese and foreign nationals who exit the country via air and sea, will be included in the ruling bloc's fiscal 2018 tax reform package, which will be compiled on December 14.
It will be the first time for Japan to set up a new tax since the land value tax in 1992. Under the reform package, a forest tax will also be established, to secure funds for forestry development.
The tax panels of the ruling Liberal Democratic Party and its coalition ally, Kōmeitō, held their first joint meeting and discussed the establishment of the departure tax.
With no objections to the introduction of the tax in April 2019, the panels fixed the outline.[Copyright The Jiji Press, Ltd.]