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July 17, 2024
 

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TAX

BUSINESS / Economy
Aug 26, 2014
Government retains view on economy but wary of shock from tax hike
The government on Tuesday kept intact its relatively upbeat assessment of the economy in its monthly report for August, but it expressed concern over the aftermath of the consumption tax hike to 8 percent.
BUSINESS / Economy
Aug 26, 2014
Administration may abolish tax break for smaller firms
The Abe administration is considering abolishing a special tax break for small and midsize companies at the end of March in order to finance the corporate tax cut promised the prime minister has promised.
BUSINESS / Companies
Aug 25, 2014
Close watch needed for tax hike's impact on auto demand: Fuji Heavy exec
An executive in charge of marketing at Fuji Heavy Industries Ltd. said Monday that the maker of Subaru brand vehicles must continue to keep a close eye on the domestic auto market nearly five months after the consumption tax increase began denting demand.
BUSINESS / Markets
Aug 22, 2014
FSA looks to bolster unpopular NISA accounts with children's version
The Financial Services Agency plans to expand its small-lot, temporarily tax-free NISA accounts to let people open them in the names of their children and grandchildren, sources close to the matter said Thursday.
BUSINESS / Economy
Aug 21, 2014
July supermarket down fourth month since tax hike
Supermarket sales fell 2.1 percent in July from a year earlier on a same-store basis, declining for the fourth consecutive month since the April 1 consumption tax hike, an industry body said Thursday.
BUSINESS / Economy
Aug 20, 2014
Skepticism over Abe's inflation goal grows as price gauge retreats
Traders are growing more skeptical Prime Minister Shinzo Abe will achieve his 2 percent inflation target after a sales tax increase derailed growth.
Japan Times
BUSINESS / Economy
Aug 17, 2014
Most major firms expect to see economy grow by year-end
A domestic survey of 106 major companies has found that 100 expect the economy to expand toward year-end, and that 76 do not oppose the government's plan to complete the doubling of the sales tax to 10 percent in 2015, a poll says.
Japan Times
COMMUNITY / How-tos / LIFELINES
Aug 17, 2014
From 2015, you may not have to work 25 years to draw a pension
The period you have to pay into the system to be eligible to draw a pension is supposed to be cut down to 10 years in October 2015, but this is inextricably linked to a planned consumption tax hike.
Japan Times
JAPAN / Society
Aug 15, 2014
Japan's ailing rural towns push free beer, other perks to urbanites in tax-sharing drive
Faced with the danger of elimination, hundreds of rural districts in Japan are plying gifts that include craft beer and balloon rides to entice their mini-diasporas to send tax payments back home.
BUSINESS / Economy
Aug 13, 2014
Japan's economy suffers biggest decline since 2011 as tax hike bites
The Japanese economy suffered its biggest contraction since the March 2011 earthquake in the second quarter of this year as the hike in sales tax to 8 from 5 percent took a heavy toll on household spending, stoking fears that any rebound may be too modest to sustain a solid recovery.
BUSINESS / Economy
Aug 13, 2014
Japan's GDP set to fall sharply; stimulus expectations may surge
Japan's economy likely shrank sharply in the second quarter, which would be bad news for Prime Minister Shinzo Abe's growth policies, but it could raise market expectations of further stimulus.
BUSINESS
Aug 13, 2014
Homebuyers in Japan seen at risk amid floating-rate loan rush
Japanese homebuyers are piling into floating-rate mortgages, stirring debate over whether they are too complacent as Bank of Japan stimulus revives inflation.
BUSINESS / Economy
Aug 12, 2014
Energy, food costs pushed Japan's wholesale prices higher in July
Wholesale prices rose 4.3 percent in July from a year earlier largely due to higher energy costs and price increases for some food items, the Bank of Japan said Tuesday.
Japan Times
BUSINESS / Companies
Aug 5, 2014
Sapporo forecasting full-year loss due to additional tax
Sapporo Holdings Ltd. said Tuesday it will post a loss for the current year due to an extraordinary charge in the form of a higher tax imposed on one of the beer and beverage maker's products.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Aug 2, 2014
Emperor, councilors weigh war declaration; simplified Japanese created for foreigners; Russian musicians defect; foreigners' office hears thousands of problems
100 YEARS AGO
Japan Times
BUSINESS / YEN FOR LIVING
Aug 2, 2014
Inflation Watch: Food manufacturers offering less
Food companies know that consumers are now sensitive to price increases and use an old solution
Japan Times
COMMUNITY / How-tos / HOME TRUTHS
Aug 1, 2014
Ticking the right tax boxes
In most places in the world, property taxes, which are levied on buildings and land, are administered and collected by local governments for the benefit of local governments. This is also true in Japan, but it's useful to keep in mind that property tax rules and regulations are determined by the central government.
BUSINESS / Economy
Jul 31, 2014
Japan flirts with recession; planned tax hike in doubt
Japan could be flirting with recession after the weakest factory output since 2011, which, following a surprising fall in exports last week, could pressure the central bank to ease policy and complicate a decision on whether to raise taxes.
BUSINESS / Companies
Jul 25, 2014
LVMH profit trails estimates as Japan tax hike hits fashion biz
LVMH Moet Hennessy Louis Vuitton SA, the world's largest luxury-goods company, reported first-half earnings that trailed estimates as the strength of the euro weighed on growth and the first stage of the Japanese tax hike hurt sales of fashion and leather goods.
BUSINESS / Economy
Jul 22, 2014
Fiscal '14 growth forecast cut to 1.2%
The government on Tuesday cut its forecast for economic growth in fiscal 2014 to 1.2 percent from 1.4 percent in real terms amid lingering fears that the April 1 consumption tax hike — the first in 17 years — may continue to weigh on domestic demand.
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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Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
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