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July 16, 2024
 

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TAXES

Japan Times
BUSINESS
Feb 13, 2018
U.S. to push for 'reciprocal tax' on trade partners: Trump
U.S. President Donald Trump said Monday he will push for a "reciprocal tax" against countries, including allies of the United States, that levy tariffs on American products, but officials did not provide details on how such a tax would be structured or the goods to which it would apply.
BUSINESS
Jan 22, 2018
To show contribution to EU community, Facebook to open digital training hubs in Europe
Facebook said on Monday it will open three new centers in Europe to train people in digital skills and committed to training 1 million people over the next two years, part of the social media giant's drive to show its contribution to the bloc.
JAPAN / Crime & Legal
Jan 21, 2018
Japanese supercomputer venture Pezy Computing suspected of tax evasion
A Japanese supercomputer venture whose president has been arrested for allegedly defrauding the government of subsidies is now suspected of evading corporate taxes, sources said Sunday.
Japan Times
BUSINESS / Companies
Jan 18, 2018
Apple to pay $38 billion in U.S. taxes on foreign cash, open new American campus
Apple Inc. on Wednesday said it will make about $38 billion in tax payments on its overseas cash and plans to open a second U.S. campus as part of a five-year, $30 billion U.S. investment plan.
Japan Times
BUSINESS
Jan 11, 2018
South Korea's plans to ban cryptocurrency trading rattles market
The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion.
Japan Times
WORLD / Politics
Dec 19, 2017
U.S. Republicans appear all but certain to pass tax legislation after holdouts come on board
The Republican-controlled U.S. Congress appeared all but certain to pass sweeping tax legislation this week after two Senate Republican holdouts agreed on Monday to support a tax overhaul backed by President Donald Trump.
Japan Times
JAPAN / EXPLAINER
Dec 18, 2017
Japan set to bank ¥40 billion per year for tourism sector with new departure tax
From January 2019 Japan is set to impose a ¥1,000 tax on everyone departing the country, to secure funding for tourism infrastructure and promotion amid record-breaking arrivals of international travelers.
BUSINESS
Dec 17, 2017
U.S. renewable energy industry relieved as Republicans keep tax credits
The U.S. renewable energy industry expressed relief after a compromise Republican tax bill released late on Friday preserved key tax credits that had been at risk of being removed, but it raised concerns about a provision that may threaten investment in the sector.
BUSINESS
Dec 8, 2017
LDP and Komeito draft reforms set to raise taxes for 5% of Japan's salaried workers
The ruling Liberal Democratic Party's tax panel broadly approved on Thursday a draft tax reform plan under which about 5 percent of all salaried employees in Japan would face higher income taxes.
Japan Times
BUSINESS
Dec 6, 2017
EU rubber-stamps tax haven blacklist as it goes after 'digital giants'
The European Union agreed on a tax blacklist of 17 countries that could potentially face sanctions for failing to bring their standards in line with the bloc, as it seeks to further step up its fight against opaque practices that facilitate avoidance by multinationals and individuals.
EDITORIALS
Dec 5, 2017
Craft income tax reforms carefully
The nation's income tax system should be adjusted to adapt to the diversification of the ways in which people now work.
Japan Times
BUSINESS / Companies
Dec 3, 2017
SoftBank pays back taxes after underreporting income by ¥6.2 billion
SoftBank coughs up u00a51.7 billion after tax authorities spot u00a56.2 billion in underreported income from 2012 to 2015.
Japan Times
WORLD / Politics
Dec 2, 2017
U.S. Senate approves sweeping tax overhaul
The U.S. Senate approved a sweeping tax overhaul on Saturday, moving Republicans and President Donald Trump a major step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes.
Japan Times
BUSINESS / Economy
Dec 2, 2017
Japan plans to levy ¥1,000 departure tax starting in April 2019
Ruling bloc policymakers want to levy a u00a51,000 departure tax on all people leaving Japan by air or sea as part of its tax reforms for fiscal 2018.
EDITORIALS
Nov 30, 2017
Move slow on tax for departing travelers
Before the government introduces a new tax specifically designed to promote tourism, it should first explore whether such funds cannot be secured in other ways.
Japan Times
WORLD / Politics
Nov 10, 2017
Republican tax plans, both seen favoring rich and cutting deductions, advance in Congress
U.S. Senate Republicans unveiled a tax plan on Thursday that differed from the House of Representatives' version on several key fronts, including how they treat the corporate tax rate, the tax deduction for state and local taxes, and the estate tax.
WORLD / Politics
Nov 3, 2017
U.S. Republican tax plan would let churches enter political fray
U.S. religious entities would be allowed to engage in political activity without the risk of losing their tax-exempt status under a Republican proposal to overhaul the tax code unveiled on Thursday, a move that could give influential community leaders more latitude to try to influence voters.
Japan Times
JAPAN
Nov 2, 2017
Kyoto tourists will face new lodging tax next year for stays at hotels and guest houses
Users of hotels, inns and private lodging services in the city of Kyoto will face a new tax next year after the city assembly passed an ordinance on Thursday.
Japan Times
BUSINESS
Oct 27, 2017
Millions of U.S. Expats May Get Tax Relief, Financial Times Says
Millions of U.S. expatriates may pay less tax as Republicans eye the elimination of requirements for citizens abroad to pay taxes both overseas and in the U.S., the Financial Times has reported, citing House Ways and Means Committee chief Kevin Brady.
Japan Times
WORLD / Politics
Oct 13, 2017
Trump's tax plans provoke friction with IMF after study advocates social cohesion and less inequality
The International Monetary Fund spent decades telling the world's governments how to run their economies on an American-inspired blueprint that became known as the Washington Consensus.
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.
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.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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