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July 17, 2024
 

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TAX

Japan Times
JAPAN / Politics
Nov 21, 2014
Abe dissolves Lower House for snap election
Prime Minister Shinzo Abe dissolves the Lower House to pave the way for his Dec. 14 snap election, asking voters to cast judgment on his sputtering 'Abenomics' program.
Japan Times
BUSINESS / Economy
Nov 21, 2014
How economist Krugman's meeting with Abe may have swung decision to postpone tax hike
When economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan's sales-tax debate.
Japan Times
BUSINESS
Nov 20, 2014
Delay in second tax hike may hamper BOJ's inflation quest
Skepticism is growing that the inflation-hungry Bank of Japan can do any more to stimulate the economy now that Prime Minister Shinzo Abe has delayed the next consumption tax hike.
JAPAN / Politics
Nov 20, 2014
Ruling bloc proposes tax break for daily necessities in 2017
The ruling camp formally agrees that it will 'aim to' lower the tax rate on daily necessities when doubling the consumption tax is completed in April 2017.
Japan Times
BUSINESS / Economy
Nov 19, 2014
BOJ leaves assessment, monetary policy unchanged despite recession
The Bank of Japan on Wednesday left its assessment of the economy largely unchanged despite the second-quarter gross domestic product data released Monday indicating Japan has slipped into a recession.
BUSINESS
Nov 19, 2014
Businesses have mixed reaction to putting off sales tax hike
The business community voiced mixed reactions Tuesday to Prime Minister Shinzo Abe's decision to delay the next consumption tax hike and call a snap election for the Lower House.
Japan Times
JAPAN / Politics / ANALYSIS
Nov 18, 2014
Abe is banking on getting a new voter mandate
It's finally official. Prime Minister Shinzo Abe said Tuesday he will dissolve the Lower House and call a snap election next month, after his administration decided to delay the next hike in the consumption tax until April 2017.
Japan Times
JAPAN / Crime & Legal
Nov 18, 2014
Key figure in hospital-election scandal failed to declare ¥100 million: sources
Tax authorities have found that a central suspect in an election scandal involving a major hospital chain failed to report about ¥100 million in taxable income in 2006, sources said Tuesday.
Japan Times
BUSINESS / Economy
Nov 18, 2014
At odds with Krugman, economist Posen urges Abe to raise consumption tax
Adam Posen is sticking to his guns in recommending that Prime Minister Shinzo Abe raise the consumption tax.
JAPAN / Politics
Nov 18, 2014
Abe confirms postponing sales tax hike, calling Dec. 14 election
Prime Minister Shinzo Abe told his ruling coalition partner Monday that he will call a general election on Dec. 14 after announcing on Tuesday the postponement of the planned consumption tax hike, a coalition source said.
BUSINESS / Economy
Nov 17, 2014
Business leaders are prepared to tax hike delay by Abe
The head of the nation's largest business lobby said Monday it would accept a decision by Prime Minster Shinzo Abe to delay a second consumption tax hike.
Japan Times
BUSINESS / Economy
Nov 17, 2014
Japan's economy takes a dive as Abe weighs delay of second tax hike
The economy unexpectedly sank into a recession in the last quarter, unable to shake off the impact of April's consumption tax hike and raising the odds that Prime Minister Shinzo Abe will postpone a second increase next year.
Japan Times
JAPAN / Politics / ANALYSIS
Nov 17, 2014
Faltering GDP adds pressure to Abe to call off sales tax hike
The announcement that the economy contracted for a second consecutive quarter raises the political pressure on Prime Minister Shinzo Abe to delay the consumption tax hike planned for next October.
Japan Times
JAPAN / Politics
Nov 15, 2014
Abe may dissolve Lower House on Tuesday, call snap December election
Prime Minister Shinzo Abe is set to announce Tuesday the dissolution of the Lower House and call a snap election in December, senior ruling party lawmakers say.
BUSINESS / Economy / ANALYSIS
Nov 14, 2014
Abe likely to delay tax hike; economists warn of future ramifications
Delaying a key measure to address Japan's enormous public debt would only lead to a larger fiscal problem down the road, economists warn.
BUSINESS
Nov 14, 2014
DPJ will oppose tax hike to 10%, saying Abe failed to meet conditions
Reversing its earlier stance, the Democratic Party of Japan, the largest opposition force, said Friday it will oppose the planned sales tax hike to 10 percent from 8 percent next October.
Japan Times
BUSINESS
Nov 13, 2014
Firms overwhelmingly want Abe to delay sales tax hike, poll shows
Companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap the consumption tax increase planned for next October, a Reuters poll shows, highlighting concerns the hike could derail a fragile recovery.
Japan Times
JAPAN / Politics
Nov 12, 2014
Abe to postpone tax hike, call December election: report
Many in the Abe administration expect the prime minister will delay a planned consumption tax hike amid signs of a weak economic recovery, setting the stage for a December election.
Japan Times
BUSINESS / Economy
Nov 12, 2014
Kuroda ally warns Abe against delaying consumption tax increase
An adviser to the Bank of Japan and longtime colleague of Gov. Haruhiko Kuroda is warning that a delay by Prime Minister Shinzo Abe to raise the consumption tax would have profound implications for monetary policy.
Japan Times
BUSINESS / Economy
Nov 11, 2014
LDP lawmaker asks Abe to put off next tax hike by 1½ years
A Liberal Democratic Party lawmaker is calling on Prime Minister Shinzo Abe to delay the next consumption tax increase "by 1½ years" to achieve the administration's key policy goal of beating nearly two decades of deflation.
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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