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July 16, 2024
 

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CONSUMPTION TAX

Japan Times
JAPAN / Politics
Nov 12, 2014
Abe to postpone tax hike, call December election: report
Many in the Abe administration expect the prime minister will delay a planned consumption tax hike amid signs of a weak economic recovery, setting the stage for a December election.
Japan Times
BUSINESS / Economy
Nov 12, 2014
Kuroda ally warns Abe against delaying consumption tax increase
An adviser to the Bank of Japan and longtime colleague of Gov. Haruhiko Kuroda is warning that a delay by Prime Minister Shinzo Abe to raise the consumption tax would have profound implications for monetary policy.
Japan Times
BUSINESS / Economy
Nov 11, 2014
LDP lawmaker asks Abe to put off next tax hike by 1½ years
A Liberal Democratic Party lawmaker is calling on Prime Minister Shinzo Abe to delay the next consumption tax increase "by 1½ years" to achieve the administration's key policy goal of beating nearly two decades of deflation.
JAPAN / Politics
Nov 11, 2014
Despite denial, don't be surprised if Abe calls snap election
The possibility that the prime minister will dissolve the Lower House is gaining credence, especially if he decides not to raise the consumption tax again.
Japan Times
JAPAN / Politics
Nov 10, 2014
Abe denies plan to delay tax hike, dissolve Lower House
Prime Minister Shinzo Abe claims he has no plans to dissolve the Lower House, brushing aside speculation that he may gamble on a snap election if he decides against raising the consumption tax again next year.
Japan Times
BUSINESS / Economy
Nov 5, 2014
Panel is split on wisdom of hiking consumption tax to 10%
Opinion was divided at the first meeting of experts tasked with considering whether the government should hike the consumption tax again despite a wobbly economic recovery.
EDITORIALS
Nov 5, 2014
To hike the consumption tax, or not
Prime Minister Shinzo Abe must address concerns about the economy's health before he makes a decision on whether to raise the consumption tax.
Japan Times
BUSINESS / Economy
Oct 26, 2014
As Abe's political ratings fade, top official calls for delay in next sales tax hike
A top government official said Prime Minister Shinzo Abe should delay a planned consumption tax increase, the strongest sign yet that economic weakness is causing concern among those close to Abe ahead of his final decision on the levy.
BUSINESS
Oct 20, 2014
Business execs fret over fallout from political turbulence
Business leaders voiced concern Monday about political stability after Prime Minister Shinzo Abe's new trade and justice ministers stepped down within hours of each other over separate scandals.
COMMENTARY / Japan / SENTAKU MAGAZINE
Oct 19, 2014
Abe's inner circle sprouting horns over next tax bump
A major battle appears to be brewing between the office of Prime Minister Shinzo Abe and the Finance Ministry — the most powerful bureaucracy in Japan — over whether to raise the consumption tax from the current 8 percent to 10 percent next fall.
BUSINESS / Economy
Oct 6, 2014
Abe to start hearing from experts in mid-November on tax hike
The Abe administration will call for opinions from experts on the economy in mid-November before deciding whether to raise the consumption tax rate to 10 percent in October 2015 as planned, Chief Cabinet Secretary Yoshihide Suga said Monday.
BUSINESS / Companies
Oct 4, 2014
Aeon's first-half net profit dives 91% after sales tax hike
Aeon Co. reported that net profit plunged 91.4 percent to ¥2.02 billion in the first half of the business year as weak consumer spending after the April consumption tax hike hurt the giant retailer's mainstay supermarket business.
JAPAN / Politics
Oct 3, 2014
Abe repeats vows on wage growth efforts as inflation leaves salaries behind
Prime Minister Shinzo Abe on Friday talked up measures to promote wage growth, as his Cabinet and the Bank of Japan continue to stoke inflation that's eating steadily into consumers' buying power.
Japan Times
BUSINESS / Economy
Oct 2, 2014
Bad weather may have slashed economic growth in July-September
Bad weather this summer, including successive typhoons, may have pushed economic growth down by 0.8 percentage point to 2.4 points in annualized real terms in the July-September quarter, the government said.
Japan Times
BUSINESS / Economy
Sep 30, 2014
Output unexpectedly falls as retail sales gain
Japan's output unexpectedly fell while stronger retail sales and an improving job market showed resilience, government statistics showed Tuesday as Prime Minister Shinzo Abe weighs another consumption tax increase.
JAPAN / Politics
Sep 28, 2014
LDP No. 2 Tanigaki hints at need for extra budget to cover planned sales tax hike
Ruling Liberal Democratic Party Secretary-General Sadakazu Tanigaki on Sunday hinted at the need for the government to compile a supplementary budget for the current fiscal year to next March as a step to raise the consumption tax rate to 10 percent in October 2015 as scheduled.
Japan Times
JAPAN / Politics
Sep 19, 2014
All systems go for second stage of tax hike: Tanigaki
Liberal Democratic Party Secretary-General Sadakazu Tanigaki said Friday the second stage of the consumption tax rate hike should proceed as planned next year, but said the ruling party is closely monitoring the economic situation.
Japan Times
JAPAN
Sep 15, 2014
G1 Global Conference 2014 takes up sales tax question
G1 Summit, led by Globis Management School Dean Yoshito Hori, hosted the G1 Global Conference 2014, in which politicians, business executives and scholars held panel discussions in English, in Tokyo on Monday.
Japan Times
COMMENTARY / World / SENTAKU MAGAZINE
Sep 14, 2014
Next consumption tax raise painting Abe into a corner
Ever since the Cabinet Office released preliminary figures last month that showed an annualized 6.8 percent decline in first-quarter GDP, a war of nerves has flared up between the prime minister's office and the Finance Ministry. The next consumption tax hike could be delayed.
BUSINESS / Economy
Sep 11, 2014
BOJ adviser Kawai urges Abe to proceed with second tax hike
The Abe administration should proceed with the next consumption tax hike as planned to signal it is serious about reining in the world's biggest debt burden, an adviser to Bank of Japan Gov. Haruhiko Kuroda said.
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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