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Mar 29, 2022 · A “forest environment tax” will be introduced in April 2024, the start of that fiscal year. A reasonable case can be made for expanding the government’s financial resources for forest...
To facilitate forest management as part of climate change mitigation and adaptation, the Forest Environment Transfer Tax (FETT) was introduced in Japan in 2019, representing a form of payment for e...
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When will the forest environment tax be levied?
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What is forest environment transfer tax (Fett)?
Dec 27, 2021 · In 2019, Japan introduced a national forest-environment-transfer tax (FETT). Prefectural and municipal governments receive tax revenue. Currently, 37 prefectures in Japan have prefectural forest taxes, and the prefectures need to demarcate how their own taxes and the national tax are being used. This study analyzed the overall use trends of national tax, which is for supporting municipal ...
Feb 1, 2024 · The system of collecting funds for recharging forests at each administrative level is unique to Japan as a forest-rich country. From fiscal 2024, a “forest environment tax” will be collected as a national tax of 1,000 yen per person from those living in Japan, in addition to the resident tax.
Japan, a nation with over two-thirds of its land covered in forests, is taking a groundbreaking step towards sustainable forest management with the introduction of the Forest Environment Tax. This…
The Forest Environment Transfer Tax (FETT), a scheme similar to Payment for Ecosystem Services (PES), was introduced for Japanese forests at the national level in 2019 to address the challenges of climate change and promote management mainly in privately owned forests under the New Forest Management System (NFMS).
Mar 2, 2022 · The forest environment tax will be levied from 2024, and the forest environment transfer tax was transferred from 2019, together with the creation of a new forest management system under the Ministry of Agriculture, Forestry, and Fisheries.
