noun
tax reform; tax revision
Refers to changes or overhauls in the tax system, often used in political, economic, or legal contexts.
政府は来年度の税制改正を検討している。
The government is considering tax reform for the next fiscal year.
税制改正によって消費税率が引き上げられた。
The consumption tax rate was raised due to the tax revision.
Compound of 税制 (tax system) and 改正 (revision, amendment).