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July 17, 2024
 

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TAX

Japan Times
BUSINESS
Feb 3, 2017
Abe, Toyoda compare notes over dinner ahead of Trump summit
Toyota Motor chief Akio Toyoda consults Prime Minister Shinzo Abe ahead of Abe's summit with U.S. President Donald Trump, who has been critical of Japanese trade practices.
Japan Times
BUSINESS
Feb 2, 2017
Ford seen benefiting from Trump-proposed U.S. border tax but Toyota would take hit
A proposed tax on imports that President Donald Trump is said to be warming to could upend the competitive landscape for carmakers, boosting Ford Motor Co. while hindering manufacturers that rely more on overseas factories, including Toyota Motor Corp.
BUSINESS
Feb 1, 2017
Toyota, Target, Best Buy fight back against 'heart stopping' Republican border tax push
Washington
Japan Times
JAPAN
Jan 13, 2017
Rural 'furusato nozei' beer, beef thank-yous costing urban Japan much-needed revenues
Want a free case of craft beer? If you send ¥30,000 or more of your taxes to the town of Yamanouchi in Nagano Prefecture, they'll send you 24 bottles of a locally brewed beer to say thanks.
Japan Times
WORLD / Politics
Jan 11, 2017
Kerry snipes at Trump's tweets, picks' lack of accountability, warns of 'authoritarian populism'
U.S. Secretary of State John Kerry on Tuesday warned of the dangers of authoritarian populism and offered a thinly veiled critique of Donald Trump's prolific use of Twitter, saying it allowed the president-elect to avoid accountability.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 22, 2016
Slower tax revenue growth in aging Japan puts Abenomics at crossroads
As Japan takes on the elusive challenge of fiscal reconstruction, slowing tax revenue growth is casting a shadow over the future of the aging country.
BUSINESS / Economy
Dec 16, 2016
Japan to issue ¥1.8 trillion in bonds to make up for tax shortfall
The government will issue an additional ¥1.8 trillion ($15.2 billion) in bonds this fiscal year to make up for a shortfall in tax revenue and to help pay for a third extra budget, according to government sources.
Japan Times
WORLD / Crime & Legal
Dec 8, 2016
French ex-minister who fought tax evasion jailed for tax fraud
A former minister who led a French government crackdown on tax evasion was sentenced to three years in jail on Thursday for hiding an offshore bank account of his own, in a scandal that deeply embarrassed President Francois Hollande.
Japan Times
BUSINESS
Dec 8, 2016
Tax reform proposal targets spousal income credit, irregular beer tax structure
Abe's government is expected to rubber-stamp the proposal and submit amendments to the ordinary Diet session slated for January.
Japan Times
BUSINESS
Nov 25, 2016
Wages rise, hours fall for part-time workers
Over the last 10 years, Japan's 14 million part-time workers cut their working hours by more than 6 percent. They now work about 4.5 hours a day.
Japan Times
BUSINESS
Nov 25, 2016
LDP agrees to unify tax rates on beer, similar alcoholic drinks
The ruling Liberal Democratic Party agreed Friday to unify tax rates on beer and beer-like drinks in fiscal 2017 tax reforms, with an eye on adopting a uniform tax rate in October 2026, lawmakers said.
BUSINESS
Nov 24, 2016
LDP agrees to raise income cap for spousal tax deduction to ¥1.5 million
The ruling Liberal Democratic Party basically agreed Thursday to raise the income threshold for the spousal tax deduction system to ¥1.5 million ($13,300) from ¥1.03 million to encourage more women to participate in the workforce.
Japan Times
BUSINESS / Economy / FOCUS
Oct 9, 2016
Japan labor shortage to continue as spousal tax break revision falters within ruling bloc
A drastic change in the nation's tax system to encourage greater workforce participation by women could have been an effective prescription to addressing a labor shortage in the rapidly aging country.
BUSINESS
Oct 7, 2016
LDP gets cold feet on axing spousal tax break
In the latest sign that the ruling Liberal Democratic Party will not reform a tax break that has long been viewed as a disincentive for working women, Secretary-General Toshihiro Nikai appeared to walk back his earlier support for the reform.
BUSINESS
Sep 28, 2016
Japan to tighten taxation rules on overseas dummy companies
The government will tighten taxation rules on dummy companies set up in foreign countries with low corporate tax rates in order to prevent tax avoidance, government sources said.
BUSINESS / Companies
Sep 16, 2016
Apple unit in Japan slapped with ¥12 billion in back taxes over software sales
The Tokyo Taxation Bureau has imposed about ¥12 billion ($118 million) in additional tax on a Japanese subsidiary of Apple Inc. in connection with profits from software sold via the iTunes Store, sources familiar with the matter said Friday.
JAPAN
Aug 31, 2016
Japan's sales tax distribution to be revised to help rectify regional income disparities
The government plans to revise its basis for distribution of local consumption tax revenues that is currently concentrated in urban areas, to ease disparity and enable regional governments to increase tax income, government sources said.
Japan Times
JAPAN
Aug 21, 2016
Japan may exempt foreign tourists from liquor tax
As part of the effort to boost regional economies, the Japan Tourism Agency plans to seek an exemption for domestically produced alcoholic drinks such as sake from the liquor tax when purchased by foreign tourists, agency officials said Saturday.
WORLD / Politics
Aug 12, 2016
Clinton, Kaines to release tax returns amid Trump's refusal
U.S. Democratic presidential candidate Hillary Clinton will release her 2015 tax returns and her running mate, U.S. Sen. Tim Kaine and his wife, Anne Holton, will release the last 10 years of their tax returns within days, according to a source close to Clinton.
BUSINESS / Economy
Aug 2, 2016
Cabinet backs infrastructure investment, better welfare services in ¥28 trillion stimulus package
Prime Minister Shinzo Abe looks to pull Japan out of deflation with a huge spending program.
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.

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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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