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Japanese Prime Minister Shinzo Abe has delayed the consumption tax hike to 10% twice, but now he appears determined to follow through. (© Nikkei montage)
Asia Insight

Japan's sales tax: Looming increase sparks recession fears

Businesses seek workarounds as Abe vows to avoid another downturn

RURIKA IMAHASHI and ERI SUGIURA, Nikkei staff writers | Japan

TOKYO -- Japan's fast-approaching consumption tax increase, to 10% from 8% in October, is bringing back some painful memories.

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