Japan economic minister: PM Abe's views on corporate tax cut take priority

Japan's Prime Minister Shinzo Abe, and the leader of the ruling Liberal Democratic Party (LDP), smiles as he puts a rosette on a name of a candidate, who is expected to win, at the LDP headquarters in Tokyo July 21, 2013. REUTERS/Issei Kato

TOKYO (Reuters) - Japanese Economics Minister Akira Amari said on Tuesday there is no question that Prime Minister Shinzo Abe's views on whether to cut the corporate tax rate would take priority over the finance ministry's stance. Amari and other officials from the trade ministry support a cut in the corporate tax rate as part of a broader economic strategy to stimulate growth. However, the idea has run into resistance from the finance ministry, which is worried about losing tax revenue. Abe has ordered his cabinet to compile new economic stimulus measures by early October. (Reporting by Stanley White; Editing by Shinichi Saoshiro)