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Japan tax revenues likely reached record high in FY2020/21 - sources Reuters 10 hrs ago By Takaya Yamaguchi TOKYO (Reuters) - Japan s tax revenues likely exceeded 60 trillion yen ($540 billion) to a record high in the year that ended in March despite the blow to the economy from the COVID-19 pandemic, two government sources told Reuters. The bumper tax revenue could ease concerns about the coronavirus-hit to state coffers, possibly fuelling calls for further fiscal stimulus even though massive COVID-19 spending rolled out last year has added to the industrial world s heaviest public debt burden. The amount was bigger than the government s initial estimate of 55.1 trillion yen and due largely to the boost to corporate profits from solid U.S. and Chinese economic recoveries, the officials said on condition of anonymity as they were not authorised to speak publicly.

Leika kiharaTetsushi kajimotoJacqueline wongTakuya hoshinoShri navaratnamTakaya yamaguchiDai ichi life research instituteYuya shinoDai ichi life researchஜாக்குலின் வோங்திரு நவரட்னம்தாய் ஈச்சதி வாழ்க்கை ஆராய்ச்சி நிறுவனம்தாய் ஈச்சதி வாழ்க்கை ஆராய்ச்சி