Tokyo to cut bank tax rate due to banks' weak finances

Tokyo to cut bank tax rate due to banks' weak finances

TOKYO, Japan - Tokyo Gov. Shintaro Ishihara gives a policy speech at the Tokyo metropolitan assembly, explaining the local government's intention to submit a bill to lower the rate of the controversial tax imposed on banks' gross operating profits to 0.9om the current 3 retroactive to April 2000. (Kyodo)

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  • Kyodo / Kyodo News Images
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