ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Japan's PM Kishida backpedals on raising tax on investment income

Kishida's policy ideas get cold stock market reception

Prime Minister Fumio Kishida had suggested at a news conference that raising the tax on capital gains and dividends was "one option" for carrying out his growth and redistribution policy.

TOKYO -- Newly elected Japanese Prime Minister Fumio Kishida is already backpedaling on one of his major policies, after markets reacted coolly to his proposal to raise taxes on investment income.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more