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September 07, 2024
 

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TAXES

Liberal Democratic Party Secretary-General Toshimitsu Motegi announces his candidacy for leadership of the party in Tokyo on Wednesday.
JAPAN / Politics
Sep 4, 2024
In leadership bid, LDP Secretary-General Motegi says no tax hikes
He pledges to tackle Japan’s sluggish economy without increasing the burden on taxpayers and abolish the contentious "funds for political activities."
A Ferrari seized by the Tokyo Regional Taxation Bureau which will be put up for auction
JAPAN
Aug 23, 2024
Tokyo’s tax agency will auction off $390,000 Ferrari it seized
Other high-end items up for auction include luxury real estate and a rare bottle of Suntory Holdings' cult-favorite whisky Hibiki 30.
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
JAPAN
Aug 13, 2024
Japan to revise consumption tax exemption for overseas tourists
A revision of the current system is being considered to prevent goods bought tax-free from being resold within the country.
Defense Minister Minoru Kihara speaks on July 30 during a parliamentary inquiry into a series of scandals involving the ministry and the Self-Defense Forces.
JAPAN / Politics / ANALYSIS
Aug 6, 2024
The wider international and domestic implications of the SDF scandals
The problems have put the spotlight on Japan’s ability to convince its partners that it’s ready to shoulder a larger security role.
Tokyo's Shibuya Ward offers a ticket to Shibuya Sky, an open-air observation deck at the rooftop of a high-rise building in Shibuya, as a return gift for those who made furusato nozei donations to the ward.
JAPAN / Society
Aug 2, 2024
'Furusato nozei' donations topped ¥1 trillion for first time in 2023
The city of Miyakonojo in Miyazaki Prefecture received the largest amount of donations, at ¥19.3 billion.
Though some in the country rejected their wartime associations, the Japanese government made the Hinomaru flag and "Kimigayo" anthem official 25 years ago.
JAPAN / History / Japan Times Gone By
Aug 1, 2024
Japan Times 1999: Flag, anthem now official
After some controversy, the Hinomaru flag was made official alongside the country's national anthem, "Kimigayo."
The Bank of Japan building in Tokyo on March 18. With the BOJ’s policy tightening, the difficulty of managing the country’s debt payments is expected to become worse.
BUSINESS
Jul 29, 2024
Japan expects to hit primary balance goal in fiscal 2025
The government initially aimed to achieve the goal in fiscal year 2011 but kept pushing it back for over a decade.
Brazilian Economy Minister Fernando Haddad arrives for a news conference during a break at the Group of 20 finance chiefs' meeting session in Rio de Janeiro on Friday.
BUSINESS / Economy
Jul 27, 2024
G20 pledges to work together to tax ultrarich
The topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host the next G20 summit in November.
People who made hometown tax donations to the city of Narita in Chiba Prefecture take part in a tour on Sunday at Narita Airport in the city, which was offered as a return gift.
JAPAN
Jul 26, 2024
Japan's hometown tax donations top ¥1 trillion for first time
The number of people who received residence tax breaks through the system is also believed to have hit a record 10 million.
The Finance Ministry and the National Tax Agency in Tokyo's Kasumigaseki district
BUSINESS
Jul 3, 2024
Japan's tax revenue sets another record amid a weak yen and inflation
Even with the tax revenue gains, however, Japan’s fiscal plight is severe.
Internal affairs minister Takeaki Matsumoto
JAPAN
Jun 26, 2024
Point websites to be barred from Japan's hometown tax donation system
Donations collected via the sites will no longer be tax deductible under the hometown tax system.
Shanghai’s luxury real estate market is a bright spot in China’s bleak property sector.
BUSINESS / Markets
Jun 25, 2024
China’s rich spend millions on Shanghai property, bucking crisis
It’s the only one among the country’s mega cities that still attracts people to put down money in an asset class that has otherwise been abandoned.
Tourists walk through Nakamise shopping street near Sensoji temple in Tokyo. This year is expected to bring 33 million travelers to Japan, an unprecedented surge and a 30% increase from last year.
COMMENTARY / Japan
Jun 21, 2024
How an arrival tax could stem the overtourism tide
How can Japan ensure that tourism benefits locals and travelers alike? There's no silver bullet but an arrival tax of around $40 could be a good starting point.
Prime Minister Fumio Kishida's government is implementing a tax cut of ¥40,000 per person from June to ensure income growth that outpaces inflation.
BUSINESS
May 31, 2024
Kishida government's much-touted tax cut to start in June
The prime minister has stressed that the tax cut is designed to ensure income growth that outpaces inflation.
Justice Minister Ryuji Koizumi speaks to reporters in Tokyo on Tuesday.
JAPAN / Politics
May 21, 2024
Japan's revised immigration bill clears Lower House
Permanent residency holders may have their status revoked if they deliberately fail to pay their taxes, impacting only those "with malicious intent."
The Lower House Judicial Affairs Committee approves legislation to introduce a new training scheme for foreign workers on Friday.
JAPAN / Crime & Legal
May 17, 2024
Japan parliamentary panel OKs bill on training foreign workers
It will replace the foreign technical intern program with a new training scheme to allow foreigners to work in Japan for the medium to long term.
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
JAPAN / Society
May 15, 2024
Kishida defends planned rule to revoke foreigners' residency
The bill calls for allowing the government to revoke permanent residence permits of foreigners who intentionally evade taxes or social insurance premiums.
Tokyo's Shinjuku Ward has offered a stationmaster experience at Shinjuku Station as a return gift for donations of ¥1 million to the ward.
JAPAN
May 1, 2024
Tokyo offers 'experience packages' as gifts to curb tax outflow
As their tax revenues continue to decline, Tokyo wards have begun diversifying their gift offerings under the hometown tax program.
Then-U.S. President Donald Trump announces Jerome Powell as his nominee to become chairman of the U.S. Federal Reserve in the Rose Garden of the White House in Washington in November 2017.
BUSINESS / Economy / FOCUS
Apr 29, 2024
Trump’s economic confidants battle for sway on taxes and Fed policy
For months, the Trump campaign has been trying to rein in proposals from various factions with limited success.
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
WORLD / Politics
Apr 28, 2024
Putin’s war will soon reach Russians’ tax bills
The move reflects both the burgeoning costs of his war in Ukraine and the firm control he has over the Russian elite.
Shinjiro Koizumi promises immediate snap election if elected LDP president
Former Environment Minister Shinjiro Koizumi declares his candidacy in the Liberal Democratic Party presidential election at a news conference in Tokyo on Friday.
Seven & I pans value of offer as it rejects Canadian takeover bid
Seven & I Holdings, operator of the 7-Eleven convenience store chain, said on Friday it has rejected Alimentation Couche-Tard's takeover bid as not being in the interest of shareholders.
Japan's Prince Hisahito turns 18
Prince Hisahito observes in July narrow leaf cattail that he had planted at the Akasaka Estate in Tokyo's Minato Ward.
Japan miffed but reaction muted after shocking twist to U.S. Steel deal
Nippon Steel's proposed acquisition of U.S. Steel is opposed by politicians across the political spectrum, including both Republican and Democratic presidential candidates — Vice President Kamala Harris and former President Donald Trump.
Japan’s second city can finally make Tokyo jealous
Osaka is set to open Grand Green Osaka in the city’s Umekita area. It is a sprawling redevelopment that combines a park with mixed-use skyscrapers and is part of a push to rejuvenate the merchant city.
No talking, no eating, no standing: Inside sumo's ring purification ceremony
A sumo referee performs the dohyō matsuri, or ring purification ceremony, in January 2017 at Ryogoku Kokugikan in Tokyo.
Demand for Calrose rice rises amid Japanese rice shortage
Shuzo Fukushi, who heads Rice Meister Kojimachi in Tokyo, shows a bag of Calrose mixed with domestic rice at his store on Thursday.
Pasocom Music Club returns to the pure pleasures of the dance floor
Pasocom Music Club’s “Love Flutter” marks an important moment for Japan’s electronic community as project members Aoi Shibata (left) and Masato Nishiyama step into a role other artists once held for them — scene veterans who are inspiring the next generation.
Typhoon-chaser's firsthand account of his pursuit of Shanshan
A washed-up boat on the shore of the city of Ibusuki, Kagoshima Prefecture, on Friday
First lesson of Japan’s akiya gold rush: No such thing as a free house.
An abandoned house in Urayama, Saitama Prefecture. Buying an <i>akiya</i>, which means empty house in Japanese, can be a rewarding experience that yields a unique space and a livable home, competitively priced. Or it could turn out to be a money pit.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

A store clerk tries to cool things down in front of their shop by spraying a hose.
Is extreme weather changing the way Japan shops?
By Alex K.T. Martin

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