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July 17, 2024
 

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TAX

EDITORIALS
Oct 1, 2014
Drawing more tourists to Japan
Aided by robust travel demand from East Asian countries, the number of foreign visitors to Japan reached 8.63 million in the January-August period, and officials estimate the annual figure will reach 12 million.
Japan Times
BUSINESS / Economy
Oct 1, 2014
'Tankan' finds improvement in manufacturers' confidence
Confidence in the manufacturing sector has risen against expectations, showing resilience in the economy — and perhaps bolstering the case for Prime Minister Shinzo Abe hiking the consumption tax again next year.
Japan Times
BUSINESS / Economy
Sep 30, 2014
Output unexpectedly falls as retail sales gain
Japan's output unexpectedly fell while stronger retail sales and an improving job market showed resilience, government statistics showed Tuesday as Prime Minister Shinzo Abe weighs another consumption tax increase.
JAPAN / Politics
Sep 28, 2014
LDP No. 2 Tanigaki hints at need for extra budget to cover planned sales tax hike
Ruling Liberal Democratic Party Secretary-General Sadakazu Tanigaki on Sunday hinted at the need for the government to compile a supplementary budget for the current fiscal year to next March as a step to raise the consumption tax rate to 10 percent in October 2015 as scheduled.
JAPAN
Sep 26, 2014
Government to overhaul income tax breaks for taxpayers with spouses
The government began considering on Thursday an overhaul of income tax breaks for taxpayers with spouses to encourage more women to take up jobs, government officials said.
COMMUNITY / Voices / OVERHEARD
Sep 20, 2014
Taxing problem
Is tax included on this?
Japan Times
JAPAN / Politics
Sep 19, 2014
All systems go for second stage of tax hike: Tanigaki
Liberal Democratic Party Secretary-General Sadakazu Tanigaki said Friday the second stage of the consumption tax rate hike should proceed as planned next year, but said the ruling party is closely monitoring the economic situation.
Japan Times
JAPAN
Sep 15, 2014
G1 Global Conference 2014 takes up sales tax question
G1 Summit, led by Globis Management School Dean Yoshito Hori, hosted the G1 Global Conference 2014, in which politicians, business executives and scholars held panel discussions in English, in Tokyo on Monday.
Japan Times
COMMENTARY / World / SENTAKU MAGAZINE
Sep 14, 2014
Next consumption tax raise painting Abe into a corner
Ever since the Cabinet Office released preliminary figures last month that showed an annualized 6.8 percent decline in first-quarter GDP, a war of nerves has flared up between the prime minister's office and the Finance Ministry. The next consumption tax hike could be delayed.
BUSINESS / Economy
Sep 11, 2014
BOJ adviser Kawai urges Abe to proceed with second tax hike
The Abe administration should proceed with the next consumption tax hike as planned to signal it is serious about reining in the world's biggest debt burden, an adviser to Bank of Japan Gov. Haruhiko Kuroda said.
BUSINESS / Economy
Sep 9, 2014
Abe needs more stimulus to raise sales tax, adviser Itoh says
The administration should consider a supplementary budget this year and will need to add stimulus for the economy to weather the planned increase in the consumption tax in 2015, according to Motoshige Itoh, a member of an advisory panel to Prime Minister Shinzo Abe.
Japan Times
BUSINESS / Economy
Sep 9, 2014
Close Abe adviser calls for delay to next tax hike if economy slows
The Abe administration should put off the consumption tax hike scheduled for next year or raise the rate by 1 percentage point per year if the economy stalls, according to a special adviser to the prime minister.
Japan Times
BUSINESS / Economy
Sep 8, 2014
Japan current account balance back in black
The nation's current account balance was in the black for the first time in two months in July, hitting ¥416.7 billion as the income from foreign investments rose to a record high for the month, outweighing the trade deficit, the government said Monday.
BUSINESS / Economy
Sep 7, 2014
Economy probably slowed more than expected in second quarter, Amari says
Economic and fiscal policy minister Akira Amari said Sunday he thinks the economy's pace in the July-September quarter will be "slower than expected."
BUSINESS / Economy
Sep 5, 2014
Economic safeguards again in works for next tax hike, Amari says
The government plans to have steps in place to protect the economy if it decides to complete the doubling of the consumption tax to 10 percent in October 2015, reappointed economy minister Akira Amari said Friday.
Japan Times
BUSINESS
Sep 5, 2014
Aso plans new extra budget to cushion sales tax hike to 10%
The Abe administration will compile another extra budget to mitigate the economic impact of the October 29015 tax hike, Finance Minister Taro Aso indicated on Friday.
JAPAN / Politics
Sep 4, 2014
Abe mum ahead of second stage of tax hike
Prime Minister Shinzo Abe is keeping quiet about whether to he will raise the consumption tax in October 2015 as scheduled, saying only that he will make a final decision while "comprehensively" analyzing the economic situation.
Japan Times
JAPAN
Sep 4, 2014
First lady Akie Abe speaks out ahead of consumption tax decision
First Lady Akie Abe said Thursday her husband's administration should consider cutting wasteful spending and boosting the economy before going ahead with a rise in the consumption tax to 10 percent.
BUSINESS / Economy
Sep 1, 2014
Auto sales fall to lowest in three years on sales tax hike
Auto sales tumbled to a three-year low last month, the latest sign that consumer spending is slumping following the April 1 consumption tax increase.
BUSINESS / Economy
Aug 28, 2014
Additional sales tax hike difficult decision for Abe: adviser
Japan's additional consumption tax hike planned for next year is a hard decision for Prime Minister Shinzo Abe to make, given a slowdown in the nation's economic recovery, one of his advisers said Wednesday.
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

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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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