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March 29, 2025
 

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CONSUMPTION TAX

BUSINESS
Jul 7, 2012
IMF director praises consumption tax hike
The push by Prime Minister Yoshihiko Noda and his administration to raise the consumption tax is a key step that "will make the Japanese economy more agile and efficient," Christine Lagarde, managing director of the International Monetary Fund, said Friday in Tokyo.
BUSINESS / JAPANESE PERSPECTIVES
Apr 23, 2012
Consumption tax fiasco magnified by absence of financial fundamentals
To paraphrase Winston Churchill's all too famous words at the time of the Battle of Britain: "Never in the field of economic policy has so little been achieved by so many hours wasted by so many lawmakers." The outcome of the debate over Japan's consumption tax would surely extract a quote to surpass...
JAPAN
Dec 7, 2011
Specifics on consumption tax increase due before end of month: Azumi
The government will aim to specify when and by how much the 5 percent consumption levy will be hiked in the social security and tax reform plan it hopes to present by year's end, Finance Minister Jun Azumi said Tuesday.
JAPAN
Jun 23, 2010
Consumption tax hot topic in first debate
Leaders of the ruling and opposition camps engaged in their first televised debate Tuesday ahead of the July 11 Upper House election, offering different takes on the crucial but politically unpopular topic of raising the consumption tax.
Japan Times
BUSINESS
May 28, 2010
New Keidanren chief Yonekura calls for hike in consumption tax
Hiromasa Yonekura, the newly appointed chairman of the Japan Business Federation (Nippon Keidanren), urged the government Thursday to raise the 5 percent consumption tax to improve the nation's fiscal health.
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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