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July 16, 2024
 

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TAX

Japan Times
BUSINESS / Economy
Sep 30, 2013
Abe betting this tax hike will be different
It's different this time. The four most dangerous words in markets, according to former U.S. Treasury Secretary Larry Summers.
BUSINESS / Economy
Sep 30, 2013
Tax hike counter-stimulus approaches ¥6 trillion
A stimulus package designed to buffer the economy from next year's consumption tax hike will be worth u00a56 trillion, officials say.
BUSINESS
Sep 27, 2013
LDP readies measures to cushion tax hike
The ruling coalition on Friday agreed on certain parts of a ¥5 trillion stimulus package being readied to ease the impact of the planned sales tax hike, including handouts of up to ¥15,000 for lower income households.
BUSINESS / Economy
Sep 26, 2013
Abe team puts corporate tax on table
A pledge to start considering a cut in the effective corporate tax rate "as soon as possible" will likely be included in the upcoming economic stimulus package, administration officials said Thursday.
BUSINESS / Economy
Sep 25, 2013
LDP proposes big tax breaks for businesses
The Liberal Democratic Party has proposed around ¥300 billion in tax cuts to invigorate business investment, a pillar of Prime Minister Shinzo Abe's economic growth plan, executives of the LDP's tax panel said.
BUSINESS / Economy
Sep 24, 2013
LDP proposes ¥300 billion in tax cuts to boost corporate investment
The Liberal Democratic Party's tax panel proposed Tuesday around ¥300 billion in tax cuts to invigorate business investment, viewed as a pillar of economic growth by the Abe administration.
EDITORIALS
Sep 21, 2013
Questions surround sales tax raise
As the April 2014 consumption tax increase nears, the Abe has yet to come up with a convincing reform plan to reduce people's worries about their lives in the future.
JAPAN
Sep 21, 2013
Corporate tax cut agreement eludes
Prime Minister Shinzo Abe's top economic chiefs have failed to agree on a contentious corporate tax cut amid lingering skepticism that the move will bolster the deflation-mired economy and amid pressure on business leaders to raise wages.
BUSINESS / Economy
Sep 19, 2013
Government may end post-3/11 corporate tax surcharge
The government might end a special corporate tax surcharge levied to finance reconstruction work in areas hit by the March 2011 earthquake and tsunami a year earlier than planned, sources familiar with the matter said Thursday.
JAPAN / Politics
Sep 19, 2013
Cash handouts of ¥10,000 eyed for poor after tax hike
To cushion the impact of the first stage of the consumption tax hike, the government plans to distribute cash payments of ¥10,000 to ¥15,000 to people with low incomes, sources said Wednesday.
Japan Times
BUSINESS
Sep 17, 2013
How Wal-Mart's Waltons maintain their billionaire fortune
Visitors to the Crystal Bridges Museum of American Art in Bentonville, Arkansas, leave appreciative notes on a glass wall near the entrance.
BUSINESS / Economy
Sep 17, 2013
Cabinet at odds over corporate tax
Cabinet members in charge of economic and fiscal policies remained at odds Tuesday over whether to cut the corporate tax rate to soften the negative impact of the consumption tax hike planned for next April.
Japan Times
BUSINESS / Economy
Sep 16, 2013
Improved economic signs support consumption tax hike: Hayashi
Given the improving economic climate, the 3-point consumption tax hike should go ahead as scheduled next April, agriculture minister Yoshimasa Hayashi said at a business conference Monday.
Japan Times
JAPAN / Politics
Sep 15, 2013
50% against hiking sales tax in April: poll
The public is nearly evenly divided over whether the sales tax should rise next April, but not over Prime Minister Abe's remarks about the Fukushima water crisis.
JAPAN
Sep 14, 2013
Japan Post plans first price hikes in 20 years to offset sales tax increase
Japan Post Co. plans to raise prices for the first time in 20 years if the administration proceeds with the first stage of the consumption tax hike next April, officials said.
BUSINESS / Economy
Sep 13, 2013
Big business may get tax cut with stimulus
The administration is considering a reduction in corporate income taxes as part of a stimulus package to cushion the economy from the first of two planned increases in the consumption tax, according to three sources briefed on the matter.
BUSINESS / Economy
Sep 13, 2013
Basic economic assessment raised
The economy's performance in September was revised upward Friday for the first time in two months as the government saw companies beefing up investment on expectations for the stimulus-driven recovery to accelerate.
BUSINESS / Economy
Sep 12, 2013
Abe to raise sales tax to 8% as scheduled
Prime Minister Abe has decided to proceed with the first stage of the consumption tax hike next April and throw in more stimulus to offset its impact.
BUSINESS
Sep 10, 2013
Abe orders stimulus to avert tax hike hit
Prime Minister Shinzo Abe has instructed his ministers to draw up a stimulus package in case the planned consumption tax hike in April harms the economy, Finance Minister Taro Aso said Tuesday.
BUSINESS / Economy
Sep 9, 2013
Japan's April-June real GDP growth upgraded to annual 3.8%
An upward revision to Japan's gross domestic product gives the government yet another favorable signal for raising the sales tax next April.
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.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
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.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
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.
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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