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July 17, 2024
 

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TAX

BUSINESS
Jul 9, 2018
Berlin promises German firms 'Marshall Plan' tax breaks for African projects to ease migrant crisis
Germany plans to use public money to support companies which invest in Africa, part of a new "Marshall Plan" with which it hopes to tackle the roots of the refugee crisis that has convulsed European politics since 2015.
Japan Times
BUSINESS / Economy / ANALYSIS
Jul 5, 2018
Government tax revenues near historical high in FY 2017, belying Japan's precarious economic balancing act
Some economists see the upcoming 2019 consumption tax increase as a potential step toward repeating mistakes of the past.
Japan Times
JAPAN
Jul 2, 2018
Japan land prices rise 0.7%, showing higher gains for second year
Foreign visitor numbers and redevelopment in urban areas are generating healthy demand.
Japan Times
BUSINESS / Economy
May 28, 2018
More than 300 cryptocurrency traders logged over ¥100 million in income in 2017: National Tax Agency
More than 300 cryptocurrency traders reported over ¥100 million in miscellaneous income in their 2017 tax returns as a result of trading bitcoin and other cryptocurrencies, according to data released last week by the National Tax Agency.
EDITORIALS
May 24, 2018
Japan's daunting long-term social welfare costs
Discussions must start now on making sure the social welfare system can meet Japan's future needs.
Japan Times
BUSINESS
May 1, 2018
Countermeasures could cut impact of tax hike on households by ¥2.2 trillion: Bank of Japan
The financial impact on households of a planned October 2019 consumption tax hike could be reduced to ¥2.2 trillion if the government implements countermeasures, including lower tax rates for certain food items, according to the Bank of Japan's recent estimate.
BUSINESS / Companies
Apr 18, 2018
SoftBank failed to report income of ¥93.9 billion from tax haven units, sources say
Authorities have told SoftBank Group Corp. that it failed to declare income of some ¥93.9 billion ($875 million) from its tax haven-based units in the four years through fiscal 2015, sources close to the matter said Wednesday.
Japan Times
BUSINESS / Economy
Apr 13, 2018
Japan to study measures to mitigate impact of 2019 sales tax hike
The government will examine steps to soften the impact of a consumption tax hike to be applied next year after a previous increase dampened consumption, the top government spokesman said Friday.
BUSINESS
Apr 11, 2018
Japan's departure tax gets final Diet approval
A day after a bill specifying how the government will use funds from a ¥1,000 departure tax passed through the Diet, the tax itself received final approval Wednesday in Tokyo.
Japan Times
JAPAN
Apr 10, 2018
Japan's ¥1,000 departure tax: Diet approves law on use of revenue from levy set to start in 2019
The government aims to use the funds to boost tourism infrastructure and promote travel destinations in rural Japan.
Japan Times
JAPAN / Crime & Legal
Mar 26, 2018
Last defendant in Japan's biggest gold-smuggling case evades prison but gets ¥1.5 million fine
The Saga District Court sentences the last of nine men charged with smuggling 206 kg of gold into Japan in May, wrapping up the nation's largest gold seizure to date.
Japan Times
BUSINESS / Economy
Mar 22, 2018
74% of Japanese firms want BOJ to exit stimulus but see no tightening till 2019 or beyond: poll
Three-quarters of Japanese companies say the Bank of Japan needs to exit from its supereasy monetary policy but most do not see that happening until next year or beyond, a poll found.
Japan Times
JAPAN
Mar 19, 2018
Golden bras put three Taiwan women behind bars
Three Taiwanese women have been arrested for allegedly attempting to smuggle about ¥50 million ($470,000) worth of gold into Japan through their bras, the police said Monday.
Japan Times
JAPAN / Politics
Mar 14, 2018
Japan's ruling coalition ready to summon key figure in document scandal to Diet
The ruling bloc says it's ready to call ex-tax agency chief Sagawa before the Diet, a key figure in the altering of Finance Ministry documents related to the Moritomo scandal.
BUSINESS
Mar 12, 2018
Trump to visit St. Louis Boeing plant to tout impact of tax overhaul
U.S. President Donald Trump will visit a Boeing Co. plant in St. Louis on Wednesday to tout the impact of the tax overhaul bill signed into law in December, a White House official said on Sunday.
BUSINESS
Feb 22, 2018
Trump warms to mileage tax, offers praise of Oregon's volunteer program
The White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed infrastructure program.
BUSINESS
Feb 21, 2018
Facebook co-founder wants wealthy taxed to give U.S. citizens 'fair shot' at guaranteed income
A $500 monthly check from the government for every American earning less than $50,000, financed by taxing the wealthy, would provide financial stability for millions of people in the United States, said the co-founder of Facebook.
Japan Times
BUSINESS / Economy / ANALYSIS
Feb 16, 2018
Tax incentive tweak to raise Japan's wages expected to have limited appeal
On the surface, it looks like an attractive deal: Raise your workers' pay by 3 percent and your company qualifies for a substantial tax break.
Japan Times
BUSINESS
Feb 14, 2018
Koch network starts ads in Indiana and Missouri plugging Trump tax plan and attacking Senate Democrats
The political network backed by billionaires Charles and David Koch is launching a $4 million advertising campaign against two Senate Democrats facing re-election in 2018, as it starts to fulfill a pledge to spend $20 million selling the federal tax overhaul passed late last year.
Japan Times
BUSINESS
Feb 6, 2018
Trump tax overhaul may drain $2 trillion from foreign projects as funds shift to U.S.: U.N. report
U.S. President Donald Trump's tax reform could bring almost $2 trillion back to the United States as U.S. firms repatriate cash piles from foreign affiliates, a U.N. report said on Monday.
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.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
China’s economic growth comes in worse than expected
Pedestrians in the Wangfujing shopping area in Beijing on July 11, 2024. China's economic growth in the second quarter was lower than forecast, adding pressure on Chinese leaders to lift confidence at the Chinese Communist Party's third plenum this week.
Kansai airports to increase takeoff and landing slots ahead of Osaka Expo
Kansai International Airport in Izumisano, Osaka Prefecture. The upper limit on the number of takeoff and landing slots at the airport as well as Kobe Airport in Hyogo Prefecture will be raised in spring next year ahead of the 2025 World Exposition in Osaka.
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.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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Exploring Japanese culturevia Tohoku’s festivals
Exploring Japanese culturevia Tohoku’s festivals

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