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July 17, 2024
 

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TAX

Japan Times
JAPAN / Politics
May 31, 2016
Aso falls into line on Abe's tax hike delay
Finance Minister Taro Aso says he will support the expected decision to delay the increase in the consumption tax, backpedaling from earlier criticism that doing so would renege on an election pledge.
JAPAN / Politics
May 31, 2016
Abe won't call for Lower House poll after delaying sales tax hike again
Prime Minister Shinzo Abe appears likely to forgo a House of Representatives election this summer over the planned postponement of a consumption tax increase from next year.
Japan Times
BUSINESS / Economy
May 30, 2016
LDP grandees fall into line on postponing second-stage tax hike
Despite their earlier opposition, top executives in the Liberal Democratic Party effectively endorse Abe's plan to shelve the planned second-stage hike of the unpopular consumption tax.
BUSINESS / Economy
May 30, 2016
Japan's retail sales stall as Abe mulls delay to tax hike
The nation's retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year.
JAPAN / Politics
May 29, 2016
Opposition demands Abe's head in event of tax-hike deferral
Opposition parties called for Prime Minister Shinzo Abe's head Sunday should he break his promise to follow through on the 2 percentage-point consumption tax hike planned for next April.
Japan Times
JAPAN / Politics
May 29, 2016
Cabinet's support rating jumps to 55.3% but Obama speech wows 98%: survey
The support rating for the Cabinet of Prime Minister Shinzo Abe has climbed 7 points since last month to 55.3 percent, according to a Kyodo News survey released Sunday.
Japan Times
JAPAN / Politics
May 28, 2016
G-7 a precursor for Abe's pivot on consumption tax hike
The prime minister may have tried to use the G-7 summit for his own domestic political goal: creating a pretext to break his consumption tax pledge.
Japan Times
JAPAN / Politics
May 27, 2016
G-7 broadly agrees on ways to spur growth
Leaders agree to better cooperate on fiscal measures, but they remain sharply divided on how much each country should spend.
BUSINESS / Economy
May 27, 2016
Abe says he may delay tax hike to help ward off global economic 'crisis'
Prime Minister cites deteriorating conditions of certain emerging economies, including China.
JAPAN / Politics
May 27, 2016
Sluggish economy prompts Abe to forgo planned sales tax hike next April
Prime Minister Shinzo Abe will forgo the consumption tax hike planned for next April, sources close to Abe said Friday.
Japan Times
COMMENTARY / Japan
May 19, 2016
What Joseph Stiglitz really said about Abenomics
Leading economist Joseph Stiglitz has firm ideas about what steps are needed to cure Japan's ailing economy, and they don't include a higher consumption tax or corporate tax cuts.
Japan Times
BUSINESS / Economy
May 19, 2016
Sucked into deflation again, Japan's $2 cup noodle binge is sign of the times
Japanese consumers cannot get enough of cup ramen, with spending on them surging by more than a quarter over the past year. That sounds like good news, but for a country still struggling to escape deflation it is a worrying signal.
BUSINESS / Economy
May 19, 2016
Abe to decide on second stage of tax hike after election: sources
Prime Minister Shinzo Abe plans to wait until after this summer's Upper House election before deciding whether to go ahead with the second stage of a consumption tax hike as scheduled, sources close to Abe have said.
JAPAN / Politics
May 18, 2016
Abe, coalition partner meet over tax hike, upcoming election
Prime Minister Shinzo Abe and Komeito leader Natsuo Yamaguchi met Wednesday to discuss whether to raise the consumption tax as scheduled and how to approach an Upper House election planned for this summer.
Japan Times
BUSINESS / Economy
May 18, 2016
Japan dodges recession as first-quarter spending lifts GDP 1.7%
The nation's economy escapes recession as gains in government and consumer spending offset a slide in business investment.
EDITORIALS
May 18, 2016
Economic growth remains fragile
The nation's economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in April 2017 as planned. Abe's assessment...
JAPAN / History / THE LIVING PAST
May 14, 2016
Has pacifism always been doomed to fail in Japan?
Japan had a pacifist "constitution" long before 1947, when the current one went into effect. It was issued in the year 604, its author so esteemed, in his own time and since, as to merit the posthumous name Shotoku Taishi (Crown Prince Sage-Virtue). His lifetime (574-622) spanned an early phase of Japan's...
JAPAN / Politics
May 11, 2016
G-7 may issue anti-graft action plan at Ise-Shima summit
In the wake of the so-called "Panama Papers" leak, Group of Seven leaders plan to adopt an action plan against corruption and tax evasion when they meet this month, a Japanese government source said Tuesday.
Japan Times
BUSINESS
May 10, 2016
Trump balks on vow to up taxes on rich, pitches plan deemed 'impenetrable'
Republican presidential candidate Donald Trump on Monday backtracked on his remarks about raising taxes on wealthy Americans, saying the rich might simply get a smaller tax cut than he originally proposed.
Japan Times
BUSINESS
May 9, 2016
Rakuten chief Mikitani linked to stake in offshore firm; tax dodge denied
Rakuten chief Hiroshi Mikitani apparently owns part of a company in an offshore tax haven named in the Panama Papers data leak but denies trying to avoid taxes.
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.

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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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