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March 29, 2025
 

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CONSUMPTION TAX

EDITORIALS
Aug 8, 2013
Social welfare reforms
A government panel's report on social welfare reform includes many issues that must be resolved, including how to cut costs without compromising the quality of health care.
Japan Times
BUSINESS / Economy
Aug 8, 2013
Politicians unwilling to revisit tax hike law: adviser
Lawmakers are reluctant to reopen legislation on the sales tax rise, raising the bar for Prime Minister Shinzo Abe should he seek a shallower path of increases, according to one of his advisers.
Japan Times
BUSINESS / Economy
Aug 2, 2013
Tax delay and Fed paring called threat to JGB bubble
Takeshi Fujimaki, a former adviser to billionaire investor George Soros who won a seat in the Upper House election last month, said a delay in increasing the sales tax and a reduction in the U.S. Federal Reserve's stimulus could cause the Japanese government bond "bubble" to burst.
BUSINESS / Economy
Jul 31, 2013
Deficit cut mulled as sales tax debate intensifies
The Abe administration is considering an ¥8 trillion target for budget-deficit cuts over the next two years as officials debate how to proceed with the planned consumption tax increases that threaten to take the wind out of the economic rebound.
Japan Times
BUSINESS / Economy
Jul 29, 2013
Nation can weather April tax hike: Kuroda
Bank of Japan Gov. Haruhiko Kuroda showed little concern that the first phase of the sales tax hike could derail an economic rebound as Prime Minister Shinzo Abe decides whether to proceed with it.
BUSINESS
Jul 25, 2013
¥5 trillion package seen needed to cushion consumption tax rise
Prime Minister Shinzo Abe, now sitting on the biggest legislative majority in six years, faces the threat of political dissent within months as a planned hike in the sales tax threatens to arrest an economic rebound.
JAPAN
Jul 24, 2013
Aso stirs pot with tax plot
The consumption tax is driving a wedge between government officials. On one side sits Finance Minister Taro Aso, a vocal advocate for sticking to the plan to hike the levy next April, while on the other high-ranking officials pussyfoot, insisting it is the prime minister's decision to make — sometime...
BUSINESS
Jul 22, 2013
Poll outcome may benefit economy
With the ballots tallied and the opposition crushed, observers predict the ruling bloc's landslide victory Sunday amid the third-lowest voter turnout ever for a House of Councilors poll will have a positive impact on the economy and Prime Minister Shinzo Abe's stewardship of it.
COMMENTARY / Japan / SENTAKU MAGAZINE
Jul 21, 2013
Hesitating on sales tax hike?
Prime Minister Shinzo Abe is said to be considering delaying the increase in the consumption tax rate currently scheduled to take effect in April 2014.
BUSINESS
Jul 21, 2013
Confidence in monetary easing growing among G-20, Kuroda says
Bank of Japan Gov. Haruhiko Kuroda says confidence in the central bank's radical monetary easing experiment is spreading among the Group of 20 finance chiefs.
BUSINESS / Economy
Jun 20, 2013
April sales tax hike a given: Amari
Japan will answer the world's call and present a credible midterm fiscal plan by implementing the sales tax hike as planned next April, economic revitalization minister Akira Amari said Wednesday.
EDITORIALS
Jun 13, 2013
On track for a tax increase
The Abe administration seems hellbent on raising the consumption tax starting next year regardless of whether it threatens the nation's economic recovery.
Japan Times
JAPAN / Media / MEDIA MIX
Jul 8, 2012
What nobody is saying about Noda's new consumption tax bill
Two weeks ago, the Lower House passed a law to increase the consumption tax to 10 percent by 2015, something Prime Minister Yoshihiko Noda has been pushing with blinkered, self-sacrificial dedication. Eventual final passage seems inevitable at this point, and so the only aspect deemed worthy of discussion...
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Massive quake kills at least 150 in Myanmar and Thailand
Medical workers treat a earthquake survivor on a bed in the compound of a hospital in Naypyitaw on Friday, after an earthquake in central Myanmar.
Student suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Tourist submarine sinks in Red Sea of Egypt, leaving 6 people dead
The interior of a Sindbad submarine vessel at sea off Hurghada, Egypt, in August 2024, in this still image obtained from video.
Yellow sand blankets cities across Japan
The Meteorological Agency forecast the yellow sand to move away from eastern Honshu by 6 p.m. on Wednesday. But it will continue to cover parts of western Honshu and Shikoku until Thursday morning, it said.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.

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