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Japan PM meets with Tokyo governor

Japanese Prime Minister Sanae Takaichi (R) shakes hands with Tokyo Gov. Yuriko Koike at the premier's office in Tokyo on Aug. 7, 2026. Koike told the press afterward that she called for the central government to address the capital's expected tax revenue fall following the planned cut to 1 percent from the current 8 percent in the consumption tax on food and beverages for two years starting in April 2027.

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Japan PM meets with Tokyo governor

Japanese Prime Minister Sanae Takaichi (R) shakes hands with Tokyo Gov. Yuriko Koike at the premier's office in Tokyo on Aug. 7, 2026. Koike told the press afterward that she called for the central government to address the capital's expected tax revenue fall following the planned cut to 1 percent from the current 8 percent in the consumption tax on food and beverages for two years starting in April 2027.

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Japan PM meets with Tokyo governor

Japanese Prime Minister Sanae Takaichi (R) shakes hands with Tokyo Gov. Yuriko Koike at the premier's office in Tokyo on Aug. 7, 2026. Koike told the press afterward that she called for the central government to address the capital's expected tax revenue fall following the planned cut to 1 percent from the current 8 percent in the consumption tax on food and beverages for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi speaks to reporters at the prime minister's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi is pictured ahead of an extraordinary Cabinet meeting at the premier's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi is pictured ahead of an extraordinary Cabinet meeting at the premier's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi is pictured ahead of an extraordinary Cabinet meeting at the premier's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan Cabinet endorses 2-year consumption tax cut on food

Japanese Prime Minister Sanae Takaichi (C) and her ministers are pictured ahead of an extraordinary Cabinet meeting at the premier's office in Tokyo on Aug. 5, 2026. The Cabinet approved a plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Aftermath of strong earthquake in Kumamoto

Citizens wait to apply for a document certifying damage done to their property at the Uki city government office in Uki, Kumamoto Prefecture, on July 31, 2026, three days after a powerful earthquake struck the southwestern Japan prefecture. The certificate is required to receive such support as temporary housing and tax reduction or exemption.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan to cut consumption tax on food to 1% from April 2027

Japanese Prime Minister Sanae Takaichi, during a press conference in Tokyo on July 30, 2026, explains the government's plan to cut the consumption tax rate on food and beverages to 1 percent from the current 8 percent for two years starting in April 2027.

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Japan cross-party council discusses food tax cut

Japanese Prime Minister Sanae Takaichi speaks at the first meeting of a cross-party "national council" to discuss her pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Japanese Prime Minister Sanae Takaichi speaks at the first meeting of a cross-party "national council" to discuss her pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Japanese Prime Minister Sanae Takaichi speaks at the first meeting of a cross-party "national council" to discuss her pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Japanese Prime Minister Sanae Takaichi speaks at the first meeting of a cross-party "national council" to discuss her pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Japanese Prime Minister Sanae Takaichi speaks at the first meeting of a cross-party "national council" to discuss her pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Takahiro Anno (2nd from R), leader of Team Mirai, speaks at the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Japanese Prime Minister Sanae Takaichi (2nd from L) speaks at the first meeting of a cross-party "national council" to discuss her pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Takahiro Anno, leader of Team Mirai, speaks at the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Takahiro Anno (R), leader of Team Mirai, speaks at the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Photo taken on Feb. 26, 2026, shows the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo.

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Japan cross-party council discusses food tax cut

Photo taken on Feb. 26, 2026, shows the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo.

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Japan cross-party council discusses food tax cut

Fumitake Fujita (L), co-leader of the Japan Innovation Party, attends the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Photo taken on Feb. 26, 2026, shows the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo.

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Japan cross-party council discusses food tax cut

Fumitake Fujita, co-leader of the Japan Innovation Party, attends the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Japan cross-party council discusses food tax cut

Fumitake Fujita (C), co-leader of the Japan Innovation Party, and Takahiro Anno (L), leader of Team Mirai, attend the first meeting of a cross-party "national council" to discuss Japanese Prime Minister Sanae Takaichi's pledge to suspend the consumption tax on food for two years at the premier's office in Tokyo on Feb. 26, 2026.

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Mexico’s President Claudia Sheinbaum News Conference - Mexico City

Antonio Martínez Dagnino, head of the Tax Administration Service speaks during a news conference at National Palace. on January 19, 2026 in Mexico City, Mexico. Photo by Carlos Santiago / Eyepix Group / ABACAPRESS.COM

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Mexico’s President Claudia Sheinbaum News Conference - Mexico City

Edgar Amador Zamora, Secretary of Finance and Public Credit, and Antonio Martínez Dagnino, head of the Tax Administration Service during a news conference at National Palace. on January 19, 2026 in Mexico City, Mexico. Photo by Carlos Santiago / Eyepix Group / ABACAPRESS.COM

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