Zero-Rated

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Zero-Rated

Goods and services that are not subject to a VAT. Examples of potentially zero-rated goods and services include financial services and items donated to a charity that the charity later sells.
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When the central bank ends the zero-rate policy, it is expected to announce the policy of making additional rate hikes at an extremely moderate pace, they said.
90% set March 8 to match the low seen in May and June of 1999, when the central bank took the zero-rate policy of guiding the overnight call money rate to nearly zero.
Fukui on Tuesday made it clear that there would not be a delay in the BOJ's credit tightening, although there would be no hurry either in ending the zero-rate policy.
Some politicians say the termination of the zero-rate policy is partly responsible for the economy's deterioration.
currency dropped as Fukui made it clear that there will not be a delay in the BOJ's credit tightening, although no hurry either in ending the zero-rate policy.
I do not foresee returning to the zero-rate policy in the future,'' Hayami told a regular press conference.
The call rate -- the rate at which banks borrow uncollateralized funds from each other -- has been on the rise since the BOJ ended its five-year-old quantitative monetary framework and shifted to the zero-rate guidance policy on March 9.
11 board meeting, the government opposed the removal of the zero-rate policy.
Some analysts say Chief Cabinet Secretary Shinzo Abe, seen as a frontrunner in the LDP presidential race, is cautious about an early rate hike and his possible outright opposition to ending the zero-rate policy in the summer would be a major obstacle to the BOJ's attempt to raise the short-term rate.
Because of the delays outlined above, businesses for commercial reasons may be forced to zero-rate intra-EU supplies, even though the strict conditions for zero-rating cannot be met.
Based on requests from businesses, we told them (BOJ) it would be premature to scrap the zero-rate policy.