Japan's Nishimura wants corporate taxes slashed

Japan's vice economic minister, Yasutoshi Nishimura, has said that he wants corporate taxes to be reduced quickly, to less than 30 per cent.

Nishimura wants bolder corporate tax cuts in special economic zones, for June's revised growth strategy to show tax cut direction.

The politician cautioned that it may difficult to declare the end of inflation in 2014.