Wednesday, August 14, 2013

Reuters: US Dollar Report: Japan govt spokesman: No truth PM Abe instructed corp tax cut

Reuters: US Dollar Report
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Japan govt spokesman: No truth PM Abe instructed corp tax cut
Aug 15th 2013, 02:05

TOKYO | Wed Aug 14, 2013 10:05pm EDT

TOKYO Aug 15 (Reuters) - Japan's Chief Cabinet Secretary Yoshihide Suga said on Thursday there is no truth to a report that Prime Minister Shinzo Abe instructed ministers to consider cutting the country's corporate tax rate.

The issue will be decided after taking into account various views from the business sector, Suga told a regular news conference.

Citing government sources, the Nikkei newspaper reported on Tuesday that Abe could consider lowering the corporate tax rate to foster an economic recovery.

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