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July 17, 2024
 

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TAX

Japan Times
JAPAN / EXPLAINER
Nov 5, 2018
To what extent will Japan's 2014 downturn repeat with the new tax hike?
The wallets of Japanese residents may get a little lighter next year, as the prices of most goods and services are set to rise under a new consumption tax system starting in October 2019.
Japan Times
JAPAN / Politics
Nov 4, 2018
51.3% of Japanese support bill to accept more foreign workers, Kyodo poll shows
More than half of Japanese support a bill to accept more foreign workers, a nationwide Kyodo News poll showed Sunday.
Japan Times
BUSINESS
Oct 31, 2018
Japanese government considers plan for 'premium vouchers' to underpin economy after tax hike
Low-income families may be able to purchase a voucher worth ¥25,000 for the cost of ¥20,000 under a government plan aimed at underpinning consumer demand after next year's planned tax hike, sources said Wednesday.
Japan Times
BUSINESS / Economy
Oct 29, 2018
Analysts predict Bank of Japan will maintain policy stance with focus growing on 10-year yield range
At meetings scheduled for this week, the Bank of Japan will maintain its policy settings, according to economists surveyed by Bloomberg, amid a growing view that the BOJ will eventually use greater flexibility in yield movements as a tightening measure.
BUSINESS / Economy
Oct 27, 2018
Japan to skip planned tax hike for capital gains and dividends
The tax panels of the ruling parties have decided to skip a tax hike for capital gains and dividends in reforms for fiscal 2019, sources have said.
Japan Times
COMMENTARY / Japan
Oct 26, 2018
Three odd points about Abe's tax hike
Raising the consumption tax could once again hurt the economy more than help it.
Japan Times
JAPAN / Politics
Oct 24, 2018
Abe underscores push to clean up Japan's postwar diplomatic rows in opening speech to Diet
The prime minister emphasized his determination to ensure the return of citizens abducted by North Korean agents and the signing of a peace treaty with Russia.
BUSINESS
Oct 19, 2018
Japanese government looks to make daily goods eligible for 2% rebate plan following consumption tax hike
The reduced tax rate is part of a package of measures meant to ensure the tax increase does not put a damper on private consumption.
Japan Times
JAPAN / Politics
Oct 18, 2018
Japan's only female minister, Satsuki Katayama, hit by allegation she was paid to influence tax agency
A weekly magazine alleged that Katayama was paid to use her bureaucratic standing to get a tax break for a business owner in 2015.
EDITORIALS
Oct 17, 2018
What next after the consumption tax goes to 10%?
Doubts persist as to whether the hike will cover the mushrooming social security costs of the rapidly aging population.
Japan Times
BUSINESS
Oct 16, 2018
Japan's consumers and businesses have mixed views on consumption tax hike next year
Consumers and businesses had a mixed response to the Abe government's decision Monday to lift the consumption tax rate to 10 percent next October as planned, with some understanding the need to restore fiscal health and others concerned about the impact on the economy.
Japan Times
BUSINESS / Economy
Oct 15, 2018
Abe says he's going ahead with Japan's consumption tax hike in October 2019
Chief Cabinet Secretary Yoshihide Suga said Abe asked relevant ministers to come up with measures to mitigate negative impacts of the increase.
Japan Times
BUSINESS / Economy
Oct 4, 2018
IMF urges Japan to ensure tax hike goes smoothly
International Monetary Fund chief Christine Lagarde urged Japan on Thursday to make sure that a nationwide consumption tax increase scheduled for next year does not hurt the country's economic growth.
Japan Times
BUSINESS / FOCUS
Oct 2, 2018
With just a year to go, Japan's businesses worry about complexities of forthcoming consumption tax rates
With the Abe government planning to raise the consumption tax rate to 10 percent from 8 percent on Oct. 1 next year, businesses are worried about the extra burden of a consumer-friendly relief measure.
Japan Times
BUSINESS
Sep 11, 2018
Japan to curb expensive gift incentives under 'hometown tax' program
The program allows taxpayers to donate to any municipality and receive tax cuts, but has led to fierce competition among local governments to lure donations with expensive gifts.
Japan Times
BUSINESS
Sep 10, 2018
Germany cautious on EU tech tax as France adds 'sunset clause'
A European Union tax overhaul to raise levies on large digital firms needs a thorough debate, German Finance Minister Olaf Scholz said Saturday, although he maintained that an agreement could still be found by the end of the year.
Japan Times
JAPAN
Sep 5, 2018
Government eyeing rework of 'hometown tax donation' system to curb use of gifts
The government is considering reworking furusato nōzei (hometown tax donation), a system that allows taxpayers who typically live in urban areas to make donations to rural areas in exchange for tax credit, officials said Wednesday.
Japan Times
WORLD / Politics
Aug 27, 2018
Democrats aren't talking Trump impeachment but are vowing probes if they prevail in midterms
Democrats demurred on Sunday on whether Donald Trump has committed impeachable offenses after he was implicated last week in a potential crime, but promised vigorous investigations if the party takes control of the U.S. House in the midterm elections.
Japan Times
BUSINESS
Aug 14, 2018
Illegal fishing and harm to Amazon forest linked to firms using tax havens, study says
Scientists called on Monday for greater transparency over the use of tax havens by companies involved in activities that have harmed the world's oceans and the Amazon rainforest.
Japan Times
WORLD / Crime & Legal
Aug 8, 2018
Firm fires Paul Manafort's ex-tax accountant after she testifies in his trial about knowing of false info on returns
Paul Manafort's former accountant was fired from a Virginia firm after she told the court she was aware that Manafort's tax returns contained false information.
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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