Japan tax revenues hit record ¥84 trillion in fiscal 2025

Japan’s tax revenues in fiscal 2025 rose 12.0% from the previous year to ¥84.22 trillion, hitting a record high for the sixth consecutive year, the Finance Ministry has said.General-account tax revenues in the fiscal year that ended in March exceeded the fiscal 2024 level of ¥75.23 trillion by about ¥9 trillion, logging the largest increase on record, the ministry said Friday.The growth reflected higher wages and corporate earnings, as well as a rise in the value of consumption amid inflation.
Information from The Japan Times. Edited by: Noticias Today.
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