June 17, 2020 / 10:04 AM / 2 months ago

Japan's tax revenue for FY2019 to fall below 60 trln yen - Nikkei

TOKYO, June 17 (Reuters) - Japan’s tax revenue for the fiscal year that ended in March 2020 will fall below 60 trillion yen ($559.02 billion) due to the novel coronavirus, Nikkei business daily reported on Wednesday.

It will be the first time the nation’s tax revenue has undershot 60 trillion yen in two years, the report said.

$1 = 107.3300 yen Reporting by Kaori Kaneko; Editing by Andrew Heavens

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