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August 15, 2024
 

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TAX

Japan Times
BUSINESS / Economy
Oct 11, 2019
Japan's government pledges to act swiftly if economy slows after tax hike
The government has pledged that it will act swiftly, with steps that could include compiling stimulus measures, if the domestic economy shows signs of a slowdown following the recent consumption tax hike.
Japan Times
BUSINESS / Economy
Oct 11, 2019
Japan Inc. sees 'Abenomics' sputtering and sales tax hike hurting economy, poll shows
Japanese companies overwhelmingly think the nation's longest postwar expansion is peaking, with two-thirds expecting a tax hike imposed this month by Prime Minister Shinzo Abe to hurt the economy, a Reuters poll showed on Friday.
Japan Times
BUSINESS / Economy
Oct 8, 2019
Japan's household spending rises for ninth month but wages fall
Household spending rose for the ninth straight month in August, offering some relief for Japan's export-dependent economy amid weak global demand and the protracted U.S.-China trade war.
COMMUNITY / Voices / OVERHEARD
Oct 5, 2019
A contemporary yes man
'Does the consumption tax hike mean I'm going to get another stock question every time I buy something from a convenience store?'
Japan Times
BUSINESS / Economy
Oct 4, 2019
Japan Finance Minister Taro Aso plays down need for stimulus after tax hike
Finance Minister Taro Aso on Friday dismissed the need to boost fiscal stimulus to counter the impact of the consumption tax hike, despite expectations the government and the Bank of Japan may act to reduce pressure on the world's third-largest economy.
Japan Times
JAPAN / Politics / FOCUS
Oct 2, 2019
Japan's opposition parties struggle to stay on message over consumption tax
Major opposition parties are wary of smaller peers' calls for the rate to be lowered back to 5 percent, although they are largely unified in opposition to the 10 percent rate.
Japan Times
BUSINESS
Oct 1, 2019
Japan seen as unlikely to achieve fiscal consolidation target despite tax hike
The government is unlikely to meet its fiscal consolidation target even with the hike of the consumption tax rate from 8 percent to 10 percent on Tuesday.
Japan Times
COMMENTARY / World
Oct 1, 2019
Tax hike comes at an inauspicious time
An increase in the consumption levy is the last thing Japan's economy needs.
Japan Times
JAPAN / Politics / FOCUS
Oct 1, 2019
Abe rolls the dice on his political legacy with tax hike
Shinzo Abe will almost certainly become the nation's longest-serving prime minister next month. Whether he will be remembered as a success could well hinge on how the economy weathers the consumption tax hike.
Japan Times
BUSINESS / Economy / ANALYSIS
Sep 30, 2019
Despite government steps, Japan's consumption will take a hit from tax hike, analysts say
The move remains unpopular among the public, and only time will tell whether the economy will suffer a deep impact.
Japan Times
JAPAN / EXPLAINER
Sep 27, 2019
Measures meant to offer relief from sales tax hike pose baffling riddles instead
With Japan's consumption tax rate hike to 10 percent scheduled for the start of next month, the government promises to simultaneously introduce a reduced rate for everyday essentials — mostly food and non-alcoholic beverages — to ease the financial impact on lower income households.
Japan Times
BUSINESS / Economy / The Argument: Consumption tax
Sep 25, 2019
The consumption tax: Should Japan raise it beyond 10 percent?
The Argument is a new feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints.
Japan Times
BUSINESS / Economy / The Argument: Consumption tax
Sep 25, 2019
The consumption tax raise hurts Japan and eviscerates Abenomics
The Argument is a new feature dedicated to promoting dialogue and deeper understanding of contentious issues by introducing various viewpoints.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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Sociologist Gracia Liu-Farrer argues that even though immigration doesn't figure into Japan's autobiography, it is more of a self-perception than a reality.
In search of the ‘Japanese dream’
By Thu-Huong Ha

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