When Emperor Hirohito Died in 1989, a New Calendar Beginning

question 23

True/False

When Emperor Hirohito died in 1989, a new calendar beginning at year zero was introduced.

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Definitions:

Income in Taxes

refers to the portion of individuals' or businesses' earnings that is paid to the government as tax.

Corporate Income Taxes

Taxes imposed on the income or profit of corporations by the government.

Revenue

The combined income stemming from a firm's core operations through selling products or offering services.

Social Insurance Taxes

Taxes collected from employees and employers to fund government social insurance programs, such as Social Security and Medicare.