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April 19, 2025
 

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TAX

BUSINESS
Oct 8, 2013
With 8% hurdle cleared, Aso eyes 10% sales tax
Just a week after Prime Minister Shinzo Abe announced his intention to raise the 5 percent consumption tax to 8 percent next April, Finance Minister Taro Aso said he was upbeat about raising the levy further to 10 percent.
BUSINESS / JAPANESE PERSPECTIVES
Oct 6, 2013
Abe should consult father of economics for sage advice on sales tax
Three guesses on who said the following.
Japan Times
BUSINESS / Economy
Oct 3, 2013
Housing market exemptions to offset tax hike impact
The housing market will weather a consumption levy increase because of a tax break on home purchases, according to Mizuho Securities Co. and Morgan Stanley MUFG Securities Co.
Japan Times
BUSINESS / Economy / ANALYSIS
Oct 2, 2013
Households to take hit from tax hike
The consumption tax increase will hit every household in Japan hard, with many people's financial future hanging on whether their wages rise enough to offset the hike's impact.
EDITORIALS
Oct 2, 2013
Consumption tax raise misdirected
Prime Minister Shinzo Abe confirms that the government will raise the sales tax from 5 to 8 percent beginning in April. But will the tax hike lead to an economic downturn
JAPAN / Politics
Oct 1, 2013
April to see sales tax hike, Abe confirms
Prime Minister Shinzo Abe goes ahead with raising the consumption tax while also offering a ¥5 trillion stimulus package to offset the negative impact on consumer spending.
Japan Times
BUSINESS / Economy
Oct 1, 2013
Abe banking on ¥5 trillion in stimulus
Shinzo Abe's future as prime minister may well depend on how well the ¥5 trillion stimulus package cushions the economy from the tax-hike blow.
Japan Times
BUSINESS / Economy
Sep 30, 2013
Abe betting this tax hike will be different
It's different this time. The four most dangerous words in markets, according to former U.S. Treasury Secretary Larry Summers.
BUSINESS
Sep 27, 2013
LDP readies measures to cushion tax hike
The ruling coalition on Friday agreed on certain parts of a ¥5 trillion stimulus package being readied to ease the impact of the planned sales tax hike, including handouts of up to ¥15,000 for lower income households.
EDITORIALS
Sep 21, 2013
Questions surround sales tax raise
As the April 2014 consumption tax increase nears, the Abe has yet to come up with a convincing reform plan to reduce people's worries about their lives in the future.
Japan Times
BUSINESS
Sep 17, 2013
How Wal-Mart's Waltons maintain their billionaire fortune
Visitors to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, leave appreciative notes on a glass wall near the entrance.
In a first, Japan issues cease-and-desist order against Google
The Google logo is seen at the company's Bay View campus in Mountain View, California. Japanese authorities on Tuesday issued a cease-and-desist order to Google over an alleged violation of the country's anti-monopoly law.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Japan and the U.S. begin tariff talks on good terms, but without breakthroughs
Ryosei Akazawa, Japan's chief tariff negotiator, speaks to reporters in Washington on Wednesday.
Magnitude 5.0 earthquake jolts Nagano
A map showing the location of an earthquake that hit Nagano Prefecture on Friday evening, with the numbers indicating the seismic intensity on the shindo scale to 7.
Parts of Yamanote and Keihin-Tohoku lines to be suspended over weekend
Sections of the outer loop of Tokyo's Yamanote Line and the Keihin-Tohoku Line will be shut down all day Saturday, and from the start of service through around noon on Sunday.
Nothing sells like Shohei Ohtani, MLB’s marketing megastar
People walk past an advertisement featuring Los Angeles Dodgers two-way star Shohei Ohtani outside Tokyo Dome on March 18.
Tokyo stock picker advises Trump-proofing portfolios with Godzilla-creator Toho
The head of Godzilla, a Japanese monster movie character, is seen on a building of Toho Cinema in Tokyo. Toho is one tariff-defensive stock being recommended by brokers.
LDP and CDP lawmaker groups propose 0% consumption tax on food
A vegetable stand displays prices at a supermarket in Tokyo in 2023. Some lawmakers are proposing lowering the consumption tax on food to 0%, which is expected to result in a loss of up to ¥5 trillion in tax revenue annually.
Tokyo hotel operators face possible warnings over suspected price cartel
Foreign tourists gather on a platform at Kyoto Station on Wednesday.
Kyotographie 2025 opts for laughter and levity in the face of global strife
Palestinian American photographer Adam Rouhana’s exhibition at this year’s Kyotographie festival shows Palestinian life, not death and rubble.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
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