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July 27, 2024
 

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TAXES

Japan Times
JAPAN / Politics
Sep 17, 2022
Japan floats issuance of government bonds and higher taxes to cover defense costs
The government is considering issuing special bonds to achieve a substantial increase in defense spending, with an eye to hiking taxes in the future to pay back the debt.
Japan Times
COMMENTARY / World
Sep 5, 2022
Will the Supreme Court come to rescue of U.S. expats?
The U.S. is unique in tormenting its citizens abroad with tax obligations. But the U.S. Supreme Court could show mercy.
Japan Times
COMMENTARY / World
Aug 24, 2022
A 'sober-curious' generation leaves Japan with a hangover
Should the tax arm of the government be encouraging people to drink, even in moderation?
Japan Times
BUSINESS
Aug 24, 2022
Environment Ministry planning biodiversity conservation tax breaks for fiscal 2023
The move aims to encourage nature conservation efforts by the private sector in order to achieve a G7 goal of protecting at least 30% of land and oceans as healthy ecosystems by 2030.
Japan Times
BUSINESS
Aug 2, 2022
Liquor tax revenue dives in Japan amid pandemic
Both the size of the fall and the rate of decrease were the largest in 31 years since the impact of a drastic revision of the Liquor Tax Law in fiscal 1989.
Japan Times
BUSINESS / Companies
Jul 29, 2022
Toyota’s lobbying blitz gets results in U.S. Senate deal
The auto giant's efforts appear to have paid off, as an electric-vehicle tax credit extension the company had championed made it into a $369 billion climate and energy package.
Japan Times
BUSINESS
Jul 27, 2022
Japan cryptocurrency groups seek tax cuts to halt talent exodus
Two industry associations will ask the government to stop taxing paper gains on cryptocurrency holdings if firms own them for purposes other than short-term trades.
Japan Times
BUSINESS / Economy
Jul 24, 2022
Tax cuts eyed for firms that invest in human resources
Yoichi Miyazawa, chairman of the LDP's tax system commission, on Sunday unveiled a plan to substantially cut corporate tax for companies active on investing in human resources.
Japan Times
BUSINESS
Jul 1, 2022
Japan's average land price up 0.5% in rebound from pandemic hit
While 20 of the country's 47 prefectures have seen increases, 13 more than in 2021, prices have continued to fall in others.
Japan Times
BUSINESS / Economy
Jun 21, 2022
Tax reform key for Japan’s ¥10 trillion startup push, says head of ruling party group
The government is set to put together a five-year plan by the end of 2022 that will seek to increase money going to startups tenfold.
Japan Times
JAPAN
Jun 19, 2022
Projected Tokyo Olympics total cost falls ¥30 billion to ¥1.42 trillion
The games' organizing committee will announce the official figure Tuesday, with the Tokyo Metropolitan Government's burden lightened by u00a520 billion.
Japan Times
BUSINESS / Economy
Jun 2, 2022
Japan's fiscal 2021 tax revenue to hit record high above ¥65 trillion
While corporate tax revenue for the year through March has so far increased 20% from a year earlier, income tax and consumption tax are also forecast to grow.
Japan Times
BUSINESS / Companies
May 3, 2022
Toyota nearly tapped out on U.S. electric vehicle tax credits
The Japanese company has sold 166,000 electrified vehicles as of the end of 2021, followed by Ford's 157,000.
Japan Times
JAPAN / Regional voices: Chubu
Apr 18, 2022
As furusato nōzei tax program thrives amid COVID-19 pandemic, some lose out
Not all municipalities are benefiting from the program, under which people give tax-deductible donations to municipalities and receive gifts such as local specialties in return.
Japan Times
BUSINESS / Companies
Mar 22, 2022
Netflix Japan unit fails to declare ¥1.2 billion in taxable income
About u00a5300 million in additional taxes, including on the underreported amount, is expected to be levied on the unit.
Japan Times
JAPAN
Feb 17, 2022
Kyoto eyes tax on empty houses and holiday homes to stem exodus of young people
The new tax — the first of its kind in Japan, according to the city — will target around 13,000 to 15,000 unoccupied residences in the historic city.
Japan Times
BUSINESS / Economy
Jan 28, 2022
COVID-19 pandemic unlikely to have 'scarring' effects on Japan economy, IMF says
While the current surge of the omicron variant could slow growth momentum in the first quarter of 2022, a 'strong rebound' is expected in the second quarter as the wave dissipates.
Japan Times
BUSINESS
Jan 14, 2022
Japan brings forward financial health projection to fiscal 2026
The bringing forward of the timeline is mainly due to envisaged increases in tax income, which is expected to continue growing gradually on the back of rising corporate tax revenues.
Japan Times
BUSINESS / Economy
Jan 13, 2022
Japan needs a major carbon tax hike, former vice minister says
Rintaro Tamaki, a former Finance Ministry official, says a 'price signal' would help the government change people's mindset on green issues.
Japan Times
COMMENTARY / World
Dec 28, 2021
Taxing economic credibility
All political leaders feel pressure to try to circumvent the laws of economics or even the laws of arithmetic — as Biden has done by claiming that his Build Back Better bill costs nothing.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Brazil issues apology for persecuting Japan immigrants during WWII
Enea Almeida (right), chair of the Brazilian amnesty commission, shakes hands with the representative for Japanese immigrants on Thursday in Brasilia.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

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Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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mission sustainability vol.8: Omron Corp.Omron helping firms achieve carbon neutrality

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