Japan’s tax revenues to fall by JPY 1trln next year on stronger yen – RTRS

According to the forecasts published by Reuters sources, Japanese tax revenues are expected to fall by JPY 1trln next year, with a stronger Yen cited as the main catalyst behind the fall.

Key Details:

Tax revenues forecast to fall by as much as JPY 1 trln next year

Tax revenues are set to undershoot government forecasts of JPY 57.6trln for FY 2017 ending March

Stronger yen trimming corporate revenues