Abe to seek 18-month delay to sales tax hike
November 17, 2014 at 21:37 PM EST
Japanese Prime Minister Shinzo Abe is expected to seek an 18- month delay to the second sales tax hike currently scheduled for next October, the Nikkei newspaper reported on Tuesday.. The current law allows the hike to be called off in the event of adverse economic conditions, but officials want to toss out that provision in the new law, which would set a new launch...