Summary

Captain F. Brinkley Japan: Its History, Arts, and Literature… (1902)

The currency system, established by Japanese financiers at the beginning of the Meiji era was based on the gold standard, the unit being the gold yen a coin worth four shillings, in round numbers. But, in the first place, Japan's stock of gold was soon driven out of the country by her depreciated fiat currency, and, in the second, as all other Oriental nations were silver-using, and as the silver Mexican dollar was the unit of accounts in Far-Eastern trade, Japan ultimately drifted into silver monometallism, the silver yen becoming her unit of currency.
Source: Wikisource

Captain F. Brinkley Japan: Its History, Arts, and Literature… (1902)

Note 7.—Income tax is payable, not only by Japanese subjects, but also by all persons having a domicile in Japan, or having resided there for more than one year. The minimum taxable income is 300 yen (£30) annually, and the rate for such an income is one per cent. As the income increases, so does the rate, up to a limit of five and one half per cent, which is paid by persons having an income of 100,000 yen (£10,000) or upward. There is a business tax which is levied on various branches of business
Source: Wikisource

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