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November 22, 2024
 

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TAXES

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 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
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
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.
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.

Podcast

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