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July 17, 2024
 

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TAX

Japan Times
BUSINESS / Economy
Mar 23, 2016
Nobel laureate Krugman calls for tax hike delay, stimulus measures
Nobel-winning U.S. economist Paul Krugman has urged Japan to hold off on a consumption tax increase planned for April next year and hammer out new stimulus measures to overcome deflation.
BUSINESS / Economy
Mar 19, 2016
Abe to decide after G-7 summit on whether to hike consumption tax: aide
Prime Minister Abe told Diet members he will make the decision on the consumption tax hike planned for April 2017 after “carefully” assessing current economic conditions.
JAPAN / Politics / FOCUS
Mar 18, 2016
Suspicions Abe will again delay tax hike bolstered by pro-government daily
Speculation that the delayed second stage of the consumption tax hike will be postponed yet again was reinforced Friday after a pro-government daily reported that Prime Minister Shinzo Abe is considering the option.
Japan Times
BUSINESS / Economy
Mar 16, 2016
Abe begins G-7 preparations with warning from Nobel laureate not to raise taxes
U.S. Nobel Prize holder and economist Joseph Stiglitz says he has advised Prime Minister Shinzo Abe to delay a scheduled sales tax increase.
BUSINESS / Economy
Mar 7, 2016
BOJ's Kuroda says impact of next sales tax hike to be less than in 2014
Bank of Japan Gov. Haruhiko Kuroda said Monday that the impact of a sales tax increase scheduled for April 2017 would be much less than that which resulted from the hike in 2014 — sending Japan into a recession.
BUSINESS / Economy
Feb 26, 2016
Japan's government talks of postponing 2017 tax hike
The government is ready to postpone a scheduled hike in the consumption tax if the move looks like it would weaken the economy and reduce total tax revenues, Chief Cabinet Secretary Yoshihide Suga told a regular news conference Friday.
JAPAN / Politics
Feb 20, 2016
Abe not weighing snap poll
Prime Minister Shinzo Abe said Saturday that he is not considering a snap general election this summer to coincide with a scheduled Upper House poll, and that he has no intention of delaying a planned increase in the nation's consumption tax.
JAPAN
Feb 10, 2016
Anonymous hackers harpoon Japanese websites in whaling protest
Three websites stop working as hackers claiming affiliation with the collective Anonymous step up attacks in protest of whale hunting.
Japan Times
JAPAN
Feb 5, 2016
Hokkaido city repays 'hometown tax' donors with crab and other seafood, sees donations soar
The Hokkaido city of Nemuro has been receiving a flood of donations from across the country after it started sending crab and other local seafood to repay the generosity of donors, who have given close to one-third of its tax revenue in the current fiscal year.
Japan Times
BUSINESS
Jan 22, 2016
Aso claims 2017 tax hike will 'certainly' go through
Finance Minister Taro Aso said in his new year policy speech Friday that he will "certainly" go through with the second stage of the consumption tax hike to 10 percent in April 2017 to secure international trust in Japan's efforts to return to fiscal health.
BUSINESS / Economy
Jan 21, 2016
Government projects larger primary deficit of ¥6.5 trillion in fiscal 2020
The government is expecting a bigger than predicted primary deficit of ¥6.5 trillion ($55.6 billion) in fiscal 2020, reflecting the effects of a planned exemption of food items from a sales tax hike, Cabinet Office estimates showed Thursday.
JAPAN / Politics
Jan 20, 2016
Japanese government doubles estimated tax-hike burden, stokes opposition anger
Tokyo suddenly raises its estimated per capita burden from next year's consumption tax hike, drawing protest from opposition lawmakers.
JAPAN / Politics
Jan 19, 2016
Abe Diet speech to focus on balancing tax hike exemptions with fiscal reforms
Prime Minister Shinzo Abe's policy speech to the full Diet this Friday will stress his administration's ability to balance exemptions to the planned consumption tax hike with fiscal reform goals, according to political sources.
Japan Times
JAPAN / Politics
Jan 13, 2016
Abe eyes using boosted tax revenue to cover food exemption shortfall
Prime Minister Shinzo Abe indicated Wednesday that the higher tax revenues — which he attributed to Abenomics — may be used to cover a shortfall when food is exempted from the coming tax hike.
EDITORIALS
Jan 11, 2016
2016's economic outlook
Major economic decisions appear likely in 2016, including whether Abe will delay the consumption tax hike scheduled for April 2017.
BUSINESS
Jan 4, 2016
New tax system won't ease burden for car owners, says head of automakers' lobby group
Car owners in Japan have been shouldering unfair levies and a new tax to replace the current car acquisition tax next year will not ease the burden, said Fumihiko Ike, chairman of the nation's biggest automakers' lobby group.
Japan Times
BUSINESS / Economy
Dec 30, 2015
Economy tipped for gradual recovery in 2016 following year of sluggish growth
Japan's economy fell short of expectations for a solid recovery in 2015, but it is seen as likely to gain traction in fiscal 2016.
Japan Times
JAPAN / EXPLAINER
Dec 28, 2015
Eat-in areas on the rise in Japan’s convenience stores and supermarkets
In the quest for next-level service, convenience stores and supermarkets are increasingly keen to experiment with "eat-in" lounge areas.
Japan Times
JAPAN / Media / MEDIA MIX
Dec 19, 2015
Japanese newspapers' self-interest ensures they toe Komeito's line on tax exemption
The vernacular press has been uncharacteristically unanimous in its support for the exemption of food from the planned consumption tax hike.
Japan Times
JAPAN / Politics
Dec 17, 2015
Putting politics over economics, Abe may stall sales tax hike, call for double Diet poll next summer
Prime Minister Shinzo Abe may put off a sales tax rise and call a snap Lower House election next summer, in tandem with a poll for the upper chamber, imitating a winning strategy he used a year ago, some advisers and political sources say.
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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