The Japan Times
The government and the ruling camp are considering capping the amount of tax deductions allowed under the furusato nо̄zei hometown donation system. https://www.japantimes.co.jp/business/2025/12/02/furusato-nozei-cap-deductions/?utm_medium=Social&utm_source=mastodon #business #furusatonozei #taxes #localgovernment
Japan eyes cap on deductions for <i>furusato nо̄zei</i> donations

Since the system is seen as favorable for higher-income earners, lawmakers of the ruling bloc have called for a review to bring the system back in line with its original purpose.

The Japan Times
Dec 2 at 3:43pmBuffer