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20/11/2006

Implications of the Proposed Consumption Tax Rate Increase on Housing -- Lessons from the EU

Social Development Research Department  Director Fumio Shinohara 

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Fiscal restructuring is a key issue in the post-Koizumi era. The consensus view sees a consumption tax rate hike as inevitable. Drawing on the experience of European Union countries， we argue that Japan should consider adopting a reduced tax rate for housing.

Social Development Research Department    Director

Fumio Shinohara

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03-3512-1791

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