Confirmed: 1,000 Yen Departure Tax to be Implemented in 2019

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Further to our article regarding the proposal of a 1,000 yen departure tax for all people leaving Japan via ship or plane, the ruling party has now approved the plans for implementation in 2019.

After meeting on Thursday, December 14 to discuss a range of tax-related propositions, including the departure tax, a ruling was finally made.

In addition, there were other moves approved including a proposal to reduce the corporate tax rate to 20 percent, for companies boosting both employee salary’s and capital expenditure, and the introduction of an additional residential tax of 1,000 yen (planned after 2020) and rise in the tax on tobacco of 3 percent.

Assuming the number of tourists visiting Japan continues to rise, both in 2019 and 2020 (Tokyo Olympics), when they predict there will be an influx of over 40 million visitors, that will mean a lot of revenue for the government to inject back into the tourism industry (hopefully).

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