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July 17, 2024
 

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TAX

Japan Times
BUSINESS
Aug 2, 2016
Also under IRS audit, Buffett prods Trump on tax returns, invites questions
U.S. investor Warren Buffett, speaking at a campaign rally for Democratic presidential candidate Hillary Clinton, challenged Republican Donald Trump on Monday to release his tax returns.
BUSINESS / Economy
Jul 22, 2016
Japan's fiscal health likely to worsen after tax hike delay
The government is likely to project a deteriorating primary balance deficit in fiscal 2018 after delaying the second stage of a consumption tax hike, government sources said Friday.
Japan Times
COMMENTARY / Japan
Jul 17, 2016
How to stimulate demand
The true value of flexible fiscal policy lies in stimulating domestic demand through meaningful fiscal spending while at the same time ensuring restoration of fiscal health.
BUSINESS / Economy
Jul 14, 2016
Japan slashes growth forecast to 0.9% amid slack consumption and investment
The government has slashed its domestic economic growth projection for this fiscal year because an anticipated purchasing surge did not materialize after the second stage of a consumption tax hike was postponed.
BUSINESS / Economy
Jul 13, 2016
No tax hike, no spending spike so Japan to slash growth outlook to 0.9% from 1.7%
The government is expected to cut its growth projection for the Japanese economy for fiscal 2016 to 0.9 percent in price-adjusted terms from 1.7 percent due to the absence of last-minute purchases, given the postponement of the consumption tax hike, sources said Tuesday.
Japan Times
BUSINESS
Jul 1, 2016
OECD tax-dodging confab concludes with agreement to draft blacklist criteria
In effort to crack down on corporations and individuals that evade taxes overseas, representatives from 82 countries agreed to draft criteria that could be used to put non-cooperative nations and jurisdictions on an international blacklist.
BUSINESS
Jun 30, 2016
Nations discuss corporate tax avoidance at OECD meeting in Kyoto
Representatives of more than 80 countries and jurisdictions met in Kyoto on Thursday for a two-day conference aimed at going after corporate tax avoidance in the first-ever effort of its kind to include developed and developing countries.
BUSINESS / Economy
Jun 28, 2016
Tax revenue falls short of government estimate
Tax revenue collected by the central government in fiscal 2015 totaled around ¥56.28 trillion, government sources said, falling short of estimates as corporate tax revenue was reduced by the effects of a firming yen.
COMMENTARY / Japan
Jun 27, 2016
Abe right to delay tax hike
The prime minister recognizes the need to balance the imperatives of debt reduction and economic growth.
Japan Times
BUSINESS
Jun 17, 2016
Death and inheritance taxes: Japan's financial advisory firms enter the delicate but bountiful fray
Elderly Japanese, among the world's richest retirees, are flocking to inheritance advisers, tackling historical taboos on discussing death and providing a rare avenue of growth for the country's brokerages and banks.
BUSINESS
Jun 14, 2016
Donations to municipalities of choice grow fourfold in fiscal 2015
Donations to municipalities that qualify as tax-deductable soared over fourfold in fiscal 2015 from a year earlier, the government said Tuesday.
BUSINESS / Economy
Jun 14, 2016
Fitch cuts outlook on government debt in wake of tax hike delay
Fitch Ratings on Monday slashed its outlook on Japanese government bonds to negative from stable, citing a lack of specific steps to achieve the country's fiscal reform goal following another delay in the consumption tax hike.
Japan Times
JAPAN / Media
Jun 14, 2016
Japan journalists who worked on Panama Papers reveal how they probed data
Three journalists who worked on the Panama Papers have been describing their work on the data, a massive leak that revealed the offshore holdings of politicians, business leaders and celebrities worldwide.
BUSINESS / Economy
Jun 2, 2016
Moody's sees Japan's consumption tax hike delay as 'credit negative'
Moody's Investors Service Inc. said Thursday that Prime Minister Shinzo Abe's decision to postpone a hike in the consumption tax and compile a fiscal stimulus in the autumn is "credit negative," questioning the government's ability and willingness to achieve fiscal consolidation.
EDITORIALS
Jun 2, 2016
Abe's consumption tax decision
To achieve his widely touted economic goals, Prime Minister Shinzo Abe needs to do much more than just delay the consumption tax hike.
Japan Times
JAPAN / Politics
Jun 2, 2016
Ruling, opposition camps switch into campaign mode day after election date confirmed
A day after Prime Minister Shinzo Abe set July 10 as the date for the upcoming Upper House election, the nation's ruling and opposition parties wasted no time Thursday launching into campaign mode.
JAPAN
Jun 1, 2016
On streets of Tokyo, opinion divided over tax-hike delay
Passers-by polled by reporters in Tokyo on Wednesday were split over the prospect of another delay to the consumption tax hike.
Japan Times
JAPAN / Politics
Jun 1, 2016
Abe delays tax hike weeks before election
Prime Minister Shinzo Abe on Wednesday announced he is pushing back a second-stage hike in the consumption tax, from April next year to October of 2019.
Japan Times
JAPAN / Politics / ANALYSIS
Jun 1, 2016
As voters welcome Japan's tax-hike delay, experts warn on costs
Economy mavens are split over the merits of Prime Minister Shinzo Abe's decision to delay the consumption tax hike to 2019.
Japan Times
SOCCER
May 31, 2016
Messi tax fraud trial starts in Barcelona
Barcelona's five-time World Player of the Year Lionel Messi went on trial on Tuesday along with his father on accusations of defrauding the Spanish state of millions of euros.
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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