Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Japan’s Tax Revenue Probably Exceeded MOF Estimate, Report Shows

Don't Miss Out —
Follow us on:

June 1 (Bloomberg) -- Japan’s tax revenue for the year ended March 31 will likely exceed the government’s estimate of 42 trillion yen ($537 billion), a finance ministry report showed.

The government had collected 36.9 trillion yen, or 88 percent of projected taxes for the year as of April 30, according to data released by the ministry today. Tax collection continues to the end of May, and last year 15 percent of the year’s total revenue was collected in that month.

Most Japanese companies close their books for the year at the end of March. Tax payments from these firms will be paid into the government treasury through the end of May.

The fiscal year is the third in which revenues have exceeded projections.

To contact the reporter on this story: Mayumi Otsuma in Tokyo at

To contact the editor responsible for this story: Paul Panckhurst at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.