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July 17, 2024
 

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TAX

Japan Times
BUSINESS / Economy
May 20, 2015
Economic growth climbs to annualized 2.4%
While the figure is stronger than expected, the new data also show the recovery in consumer spending, which accounts for around 60 percent of GDP, remains slow.
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
BUSINESS / Companies
May 13, 2015
Sharp backs down on radical capital cut after state criticism
The struggling electronics-maker had planned to reduce its capital from around u00a5120 billion to u00a5100 million or less, putting it into the tax category of small to medium-sized companies.
BUSINESS / Companies
May 1, 2015
Auto sales slow in April after tax hike on minicars
Sales of new autos slumped 7.5 percent in April from a year earlier to 319,482 units, with last month's auto tax hike on minivehicles acting as a brake on demand, industry bodies said Friday.
JAPAN / Crime & Legal
Apr 21, 2015
Major contractor Takenaka penalized for concealing income, cooking books: source
Contractor Takenaka Corp. is suspected of concealing some ¥150 million in taxable income over a four-year period through December 2013, sources familiar with the matter said Monday.
COMMENTARY / World
Apr 14, 2015
Have we seen the end of the U.S. tax revolt?
With only 1 percent of Americans rating taxes as the nation's top problem, it appears that the U.S. tax revolt is all but over.
BUSINESS / Economy
Apr 13, 2015
Wholesale prices, minus tax hike effect, fall 2.1 percent on year
Wholesale prices in Japan, excluding the impact of last year's consumption tax hike, fell 2.1 percent in March from a year earlier, the Bank of Japan said Monday.
Japan Times
BUSINESS / Companies
Mar 31, 2015
Toyota's recovery revives automaker's hometown
Takako Sugiyama isn't sure how old her two grandchildren's school is. She knows this: the building, in the city of Toyota, Aichi Prefecture, was dated when her three kids — now in their 50s — attended.
Japan Times
JAPAN / Crime & Legal
Mar 20, 2015
Japan's tax agency, Hong Kong join FBI in scrutinizing casino developer
Japan's tax authorities have begun a review of how slot machine maker and casino developer Universal Entertainment accounted for $40 million in payments made in 2010 to an associate of the Philippines' top gambling regulator at that time, sources told Reuters.
Japan Times
BUSINESS / Economy
Mar 10, 2015
Japan's rebound from recession weaker than estimated: GDP revision
The economy grew at a slower pace than initially estimated in the final quarter of 2014, as corporate capital spending declined amid the weak recovery in consumer demand following last year's consumption tax hike, government data said Monday.
WORLD / Crime & Legal
Mar 5, 2015
Roberts, Obamacare savior in 2012, seems inscrutable this time
U.S. Chief Justice John Roberts, who cast the decisive vote in 2012 to beat back the first major challenge to President Barack Obama's health care law, kept his cards close on Wednesday.
COMMENTARY / World
Mar 4, 2015
Impose a land tax to fight inequality in the U.S.
Henry George advocated forcefully for a land tax in his 1879 book, 'Progress and Poverty.' More than 135 years later, perhaps its time is ripe.
EDITORIALS
Mar 3, 2015
The government's fiscal road map
The Abe administration's forthcoming fiscal rehabilitation plan may give clues as to whether it is serious about getting the government's fiscal house in order.
BUSINESS / Companies
Feb 17, 2015
YKK may become first company to get tax breaks for relocating Tokyo HQ
Major fastener-maker YKK Corp. may become the first company to receive tax breaks that the central government plans to offer to Tokyo-based firms that move their headquarters operations outside the capital, according to informed sources.
WORLD
Feb 16, 2015
Britain's HSBC apologizes over past standards at Swiss bank
HSBC apologized to customers and investors on Sunday for past practices at its Swiss private bank after allegations that it helped hundreds of wealthy clients dodge taxes.
BUSINESS / Economy
Feb 6, 2015
Composite index suggests economy is improving
Japan's key composite index rose in December following a fall the previous month, the government said on Friday, suggesting the country's economy may have overcome the negative impact of the 3-percentage-point consumption tax hike to 8 percent last April.
Japan Times
BUSINESS / Economy
Jan 27, 2015
Nomura says 'Abenomics' more likely to derail amid doubt over tax pledge
Nomura Holdings Inc. says the probability that Prime Minister Shinzo Abe's economic policies will end badly is increasing.
BUSINESS / Economy
Jan 21, 2015
Keidanren to back pay-scale hikes for second straight year
The nation's leading association of business leaders said Tuesday it will support pay-scale hikes by member companies in the upcoming annual wage talks, adopting the policy for the second straight year.
BUSINESS / Economy
Jan 15, 2015
Wholesale prices rose for second consecutive year in 2014
Wholesale prices grew for the second straight year in 2014 on higher energy and raw material costs, but the pace slowed significantly in December amid the sharp fall in crude oil prices, the Bank of Japan said Thursday in a preliminary report.
BUSINESS / Economy
Jan 13, 2015
Tax hike may have lowered private spending by ¥1 trillion
Last April's consumption tax hike is estimated to have pushed down private spending by nearly ¥1 trillion for the six months through September, the Cabinet Office said in an annual economic report released Tuesday.
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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Exploring Japanese culturevia Tohoku’s festivals
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