Toyota And Nissan Will Seek Tax Compensation If Brexit Talks Fail

Toyota and Nissan will seek tax compensation if Brexit talks fail

TOKYO — Japanese automakers Toyota and Nissan would seek reimbursement from Britain if the government fails to agree an EU trade deal, the Nikkei financial daily reported on Monday.

The companies are bracing for an additional 10% EU tax on automobile imports from Britain and are demanding that the government pays for such additional customs costs, the report said, without citing sources.

Compensation Offered For Canceled Discount Travel

Compensation offered for canceled discount travel

Japan's government says it will compensate people for cancelation fees for bookings made under a discount program to promote domestic tourism.

The "Go To Travel" campaign is set to start on Wednesday. It's aimed at helping revive the economy, which has been hit hard by the coronavirus pandemic.

Govt. Announces Income Compensation Plan

Govt. announces income compensation plan

Japan's government says it will pay up to about 80 dollars per person per day to businesses as income compensation for parents taking leave from work in response to temporary school closures that began nationwide.

The health and labor ministry on Monday revealed the details of a new subsidy system as the government strives to prevent the spread of the new coronavirus.