Tag - consumption-tax-3

 
 

CONSUMPTION TAX 3

EDITORIALS
Jan 31, 2014
Help households, not corporations
Lowering corporate taxes, as the Abe administration wants to do, will invite criticism that Japan's businesses are being cosseted at the expense of tax relief for households.
EDITORIALS
Jan 8, 2014
Shaky foundation for recovery
The Japanese economy appears to be on the recovery path for now, thanks to the policy of the Abe administration, but the effects from the consumption tax rise, beginning in April, and the extra financial burden that households can expect under the fiscal 2014 draft budget do not place the recovery on a solid foundation.
EDITORIALS
Jan 8, 2014
Fee hike should boost medical care
Revenue from the average 0.1 percent increase in medical fees for the 2014 draft budget is expected to be used mainly to improve emergency medicine and pediatric and obstetrical treatment — fields where quality care has declined in some localities because of shortages of physicians.
BUSINESS / Economy
Jan 6, 2014
Arrival of 'bad inflation' trend bodes ill for Japan's rebound
Price increases are prompting Japanese shoppers to buy less mayonnaise, showing the fragility of any economic rebound unless wages keep up with living costs.
JAPAN / YEAR IN REVIEW 2013
Dec 25, 2013
A look back at the year's top 10 Japan news stories
Japan Times editors selected the following domestic stories as the most important in 2013.
EDITORIALS
Dec 17, 2013
Heavy tax hit on households
Japan's tax guidelines for fiscal 2014 again reflect the Abe administration's apparent emphasis on providing economic benefits to corporations at the expense of households.
EDITORIALS
Dec 13, 2013
Abe's stimulus only a short-term fix
The Abe administration's latest stimulus package has the central government spending more than it is due to receive in revenue from the fiscal 2014 tax hike, showing that the Japanese economy has yet to enter a self-sustaining cycle built on private-sector demand and investment.
BUSINESS / Economy
Dec 12, 2013
Ruling bloc approves tax reform plan for '14
To stave off some of the negative impacts of the expected consumption tax hike to 10 percent in October 2015, the Liberal Democratic Party-New Komeito ruling bloc says the levy should be reduced on certain daily necessities.
JAPAN
Oct 25, 2013
Tax hike may induce firms to use more temp workers
In what could be an unintended consequence, the sales tax hike set for next April may tempt companies to replace their regular workers with "haken" temporary workers, some tax law experts say.

Longform

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