Cohen & Steers Limited Duration Preferred and Income Fund, Inc

21.24

+0.05000.24%

Post-market: 21.240.00000.00%16:04 EDT

Volume:54.56K

Turnover:1.16M

Market Cap:617.64M

PE:-6.59

High:21.28

Open:21.21

Low:21.19

Close:21.19

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There are growing discussions within the ruling Liberal Democratic Party about how to tax the rapidly increasing number of foreign visitors to Japan more effectively. The LDP argues that abolishing the consumption tax exemption and raising the International Tourist Tax  would also help to combat overtourism.A group of LDP lawmakers on Thursday handed proposals to Itsunori Onodera, chairperson of the LDP's Policy Research Council, and Yoichi Miyazawa, chairperson of the party's Research Commission on the Tax System, calling for the abolition of the consumption tax exemption.Introduced alongside Japan's consumption tax in 1989, the exemption is based on the international principle that consumption tax is levied at the point of consumption. 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