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August 15, 2024
 

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CORPORATE TAX

BUSINESS
May 1, 2014
Corporate tax rate to be reduced by April '15, Nishimura says
Tokyo will start making significant cuts to the corporate tax rate by April 2015 in line with its aim of making the economy more competitive and of spurring a recovery driven by spending and massive monetary stimulus, deputy economy minister Yasutoshi Nishimura said.
EDITORIALS
Apr 17, 2014
Tread carefully on corporate tax cut
As the Abe administration considers cuts to corporate taxes as part of its growth strategy, it must ensure that it doesn't end up plugging the revenue hole by adding tax burdens to the household sector, already bearing the brunt of the April 1 consumption tax hike and rising prices.
Japan Times
BUSINESS / Economy
Mar 25, 2014
Cut corporate taxes to keep companies in Japan: Ota
Japan's corporate taxes should be reduced to attract foreign businesses and persuade domestic companies not to shift operations overseas, a former economic minister who heads a government corporate tax committee said.
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.
BUSINESS / Economy
Dec 2, 2013
Tohoku reconstruction tax surcharge on firms to end year early but added levy on incomes to stay
The ruling bloc agrees to end the special corporate tax surcharge levied to finance the reconstruction of the disaster-hit Tohoku region one year early but will keep the levy added to personal income taxes for 25 years.
BUSINESS
Sep 27, 2013
LDP readies measures to cushion tax hike
The ruling coalition on Friday agreed on certain parts of a ¥5 trillion stimulus package being readied to ease the impact of the planned sales tax hike, including handouts of up to ¥15,000 for lower income households.
BUSINESS / Economy
Sep 13, 2013
Big business may get tax cut with stimulus
The administration is considering a reduction in corporate income taxes as part of a stimulus package to cushion the economy from the first of two planned increases in the consumption tax, according to three sources briefed on the matter.
EDITORIALS
Aug 22, 2013
Plugging international tax loopholes
An international effort has started to prevent multinational corporations from avoiding their fair share of taxes in the respective countries where they do business.
BUSINESS / Economy
Jul 18, 2013
Tax panelist pushes for 5-point cut in corporate levy
The corporate tax rate should be reduced by at least 5 percentage points to compete with other Asian economies in attracting companies, a member of the government's Tax Commission said.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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