I haven't followed this for awhile but it looks like it's about to happen. This can't be a good thing or small business and Exporters in Japan, it will be a strain on cash flow at 8%. When it goes to 10% that will be a 50% constraint over the long standing 5%.The new bill increases the tax to 8% by April 2014 and 10% by October 2015.
I predict some of the smaller Exporters will go under from this and it will be a challenge for all of them though.
It really does seem silly to me and the government should have exemptions for people like Exporters. I imagine it's going to be more difficult for them to have float money to buy cars especially during busy times and this may actually reduce overall economic activity in Japan.
Any thoughts guys/Exporters?