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November 22, 2024
 

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TAXES

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
JAPAN / Politics
Sep 22, 2019
Abe rival Taro Yamamoto says Japan's sales tax hike is 'crazy' and should be abolished
Just as Japan braces itself for a hike in the sales tax to 10 percent on Oct. 1, one of Prime Minister Shinzo Abe's would-be rivals is calling for it to be abolished altogether.
Japan Times
WORLD / Crime & Legal
Sep 19, 2019
If Trump wants to sue over NY tax return law, he must do so there and not before a Washington judge he picked: state
If the president wants to challenge a New York state law, let him do it on New York's turf.
Japan Times
COMMENTARY / World
Sep 16, 2019
Thomas Piketty takes aim at wealth inequality
The French economist's new book is meant to jolt the global left out of its ideological stupor.
Japan Times
BUSINESS / Economy
Sep 13, 2019
Economist expects limited impact from Japan's October tax hike
The impact of the Oct. 1 consumption tax hike from the current 8 percent to 10 percent will be limited as mitigating measures are already in place, according to the chief economist at the Daiwa Institute of Research.
Japan Times
BUSINESS
Sep 2, 2019
Japan braces for tax hike chaos under two-tier system as register shortage looms
As the hike in the consumption tax approaches, consumers and businesses are worried about the confusion that might erupt from differing rates for similar goods.
Japan Times
BUSINESS
Sep 1, 2019
Can a tax rebate persuade Japan's mom-and-pop stores to shift to cashless payments?
Despite the government pushing the opportunity to accelerate Japan's shift away from cash, many small-business owners are hesitant to change over to cashless payments.
Japan Times
BUSINESS
Aug 28, 2019
Japan credit card firms may apply discounts to monthly payments to ease impact of tax hike
Major credit card companies are considering deducting points earned during purchases from the balance requiring payment, under a government rebate program intended to cushion the impact of the consumption tax hike planned for October, it was learned Tuesday.
Japan Times
WORLD / Crime & Legal
Aug 28, 2019
Deutsche Bank says records sought in Trump congressional probe include tax returns, without elaborating
Financial records related to U.S. President Donald Trump and three of his children that congressional Democrats have requested from Deutsche Bank AG include tax returns, the bank disclosed in a court filing on Tuesday.
Japan Times
BUSINESS
Aug 27, 2019
Macron defuses French digital tax row, but Trump stays coy on wine threat
France and the United States reached a deal to end a standoff over a French tax on big internet companies, though U.S. President Donald Trump declined to say whether his threat of a retaliatory wine tax was off the table as a result.
BUSINESS
Aug 22, 2019
Trump says he's not looking at payroll and capital gains tax cuts
U.S. President Donald Trump on Wednesday said he is not looking at cutting payroll taxes or linking capital gains taxes to the inflation rate, which could slash the taxes that investors pay on profits from asset sales.
Japan Times
WORLD / Crime & Legal
Aug 21, 2019
U.S. House panel says 'time is of the essence' in Trump tax return fight
A U.S. House of Representatives committee on Tuesday urged a federal judge to quickly resolve its bid to obtain President Donald Trump's tax returns, which the Trump administration has refused to turn over.
EDITORIALS
Aug 14, 2019
No cause for optimism over economy's course
Decelerating global growth is testing Japan's efforts toward sustained growth driven by domestic demand.
Japan Times
WORLD
Aug 14, 2019
As climate change concerns grow, Fitch says red meat could be the next sin tax after sugar
Meat could be a target for higher taxes given criticism of the industry's role in climate change, deforestation and animal cruelty, according to a report by Fitch Solutions Macro Research.
Japan Times
WORLD / Science & Health
Aug 8, 2019
Sausage-loving Germans chew on plan to tax meat to protect climate
German lawmakers on Wednesday proposed raising the sales tax on meat to help protect the climate and improve animal welfare, kindling a debate in a country renowned for its love of sausages.
Japan Times
JAPAN
Aug 2, 2019
Donations to Japan's hometown tax donation program topped record ¥512 billion in 2018
The annual total surged 40 percent, the steepest increase on record, as governments drew interest from around the nation with generous return gifts.
Japan Times
BUSINESS
Aug 1, 2019
Tax on takeout food and nonalcoholic drinks in Japan to remain at 8 percent
Food eaten while walking or on public benches at amusement parks will be subject to a lower tax rate than food eaten in stores after the planned consumption tax hike in October, according to guidelines revised by the National Tax Agency on Thursday.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Tokyo Metro’s overseas efforts begin in earnest with London deal
Tokyo Metro will soon have a role in the running of London's Elizabeth Line, a major train route serving the U.K.’s capital city and environs.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ex-yokozuna Kitanofuji dies at 82
Yokozuna Kitanofuji enters the ring during the May 1970 grand sumo tournament in Tokyo.
Man charged with murder allegedly made victim date other men for money
A car carrying suspect Ryotaro Masuda, who was indicted for allegedly beating his 25-year-old girlfriend to death, leaves the Shibuya Police Station in Tokyo on Thursday.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”
Around a quarter of Japan married couples in their 20s met through dating apps
A survey released by an organization promoting “Good Couples Day” shows that 24% of couples in their 20s met their marriage partner through a dating app.
'Tokyo Swindlers': Get deep into the minds of real estate con artists
In Ko Shinjo's "Tokyo Swindlers," a group of con artists manipulates real estate giants into falsified deals within the highly competitive, quick market.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.

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