Fukuoka Prefecture’s tax revenue for the last fiscal year remained at record levels, driven by strong corporate performance and post-pandemic economic recovery. The prefecture’s ordinary account revenue decreased by 223.5 billion yen to 2.0543 trillion yen due to reduced national subsidies for COVID-19 measures. However, tax revenue remained at the previous year’s high of 730.9 billion yen. Increased individual income from better corporate performance and active stock trading boosted individual residential tax revenue to 148.4 billion yen, while the corporate tax revenue rose to 190.3 billion yen. The prefecture reported a substantial surplus of 9.3 billion yen. Governor Hattori expressed a commitment to using tax revenue to enhance residents’ quality of life and attract global enterprises. Source: Fukuoka Prefecture
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