The ruling Liberal Democratic Party and its junior coalition partner Komeito have agreed to make general foods, with the exception of eating out and alcoholic beverages, subject to a reduced tax rate that will be introduced when the consumption tax rate is raised to 10% in April 2017.
Pictured: Liberal Democratic Party Secretary General Sadakazu Tanigaki, left, answers questions from reporters in Tokyo with his Komeito counterpart Yoshihisa Inoue.
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