Tag - tax

 
 

TAX

Japan Times
BUSINESS / Economy
Oct 8, 2021
New Japanese finance chief faces dilemma: Spend more or repair fiscal health
Finance Minister Shunichi Suzuki will be forced to balance Kishida's spending plans with the nation's poor fiscal health.
Japan Times
COMMENTARY / World
Jul 7, 2021
The logic of effective climate action
The China shock gave us Donald Trump. A carbon tax, imposed willy-nilly, could result in even worse.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 4, 2021
Why a carbon tax would help Japan achieve its green ambitions
The government needs to make clear that emissions come with high costs and encourage companies and individuals to come up with new ideas and take action.
BUSINESS / Economy
Oct 15, 2020
LDP tax chief sees room to tweak ‘terrifying’ inheritance tax for foreign nationals
A local media report earlier Wednesday said the government was considering reducing the inheritance tax for some foreign nationals starting April.
JAPAN
Sep 5, 2020
Suga signals his focus as PM would be on protecting jobs, but rules out sales tax cut
Chief Cabinet Secretary Yoshihide Suga said on Saturday the next prime minister must continue to protect companies and jobs, mainly through payouts and loans, to cushion the economic blow from the coronavirus pandemic.
Japan Times
BUSINESS
Aug 7, 2020
Japanese lawmaker wants sales tax ditched as coronavirus weighs heavily on economy
Hiroshi Ando said the raising of the sales tax rate to 10 percent last October was a mistake because the economy was already in a downturn.
Japan Times
COMMENTARY
Jul 1, 2020
Digital taxes are the latest trade war battleground
A failure to act collectively will produce another global patchwork of tax rules, which is bad for business, governments and consumers.
BUSINESS
Mar 21, 2020
Tax agency bureaus in Japan on high alert for rise in consumption tax fraud
Tax authorities are preparing to act against a possible increase in abuses of a rule that exempts export transactions from sales levies following October's consumption tax hike from 8 percent to 10 percent.
Japan Times
BUSINESS / Economy / ANALYSIS
Mar 18, 2020
To aid virus-hit Japan economy, look after firms and jobs first, say experts
With the novel coronavirus shaking up the global economy, the Japanese government is scrambling for countermeasures to cushion the economic fallout.
Japan Times
BUSINESS
Mar 17, 2020
Business mood in Japan plunges to decade lows on coronavirus woes
Business confidence plunged to decade lows in March as the spreading coronavirus outbreak stoked fears of a global recession and sent stock markets tumbling, according to the Reuters Tankan survey.
Japan Times
BUSINESS / Economy
Mar 17, 2020
Tax cut emerging as option in Japan to combat coronavirus impact
The government will consider various measures, including tax cuts, to deal with deepening financial damage from the coronavirus outbreak, economy minister Yasutoshi Nishimura said Tuesday amid growing debate on the possibility of cutting the consumption tax.
BUSINESS / Economy
Mar 15, 2020
Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis
The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said.
Japan Times
BUSINESS / Economy
Feb 25, 2020
History repeats as consumption tax hike pushes Japan toward recession
Housewife Matsuko Mitsui had been meaning to buy a new air conditioner for years, but it took the looming consumption tax hike in October to spur the 64-year-old to finally make the purchase.
Japan Times
COMMENTARY / Japan
Feb 18, 2020
Take COVID-19, add a trade war and raise taxes: A recipe for disaster
Japan is facing a trifecta of challenges with severe economic consequences.
Japan Times
BUSINESS / Economy / FOCUS
Feb 18, 2020
Fear grows that coronavirus will push Japan into recession
With Japan taking a hit from the unabated outbreak of the coronavirus soon after a plunge in its economic performance in the last quarter of 2019, some fear the country may be on the brink of recession.

Longform

An ongoing shortage of rice has resulted in rising prices for Japan's main food staple.
Why Japan is running out of rice — and farmers to grow it