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July 16, 2024
 

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TAXES

Japan Times
OLYMPICS
Aug 7, 2021
To the Olympic victors go the spoils — and for Americans, maybe a tax bill
Medals are not the focus of the IRS. Rather, it's the prize money the U.S. Olympic & Paralympic Committee awards its medalist as well as the lucrative endorsement contracts.
Japan Times
COMMENTARY / World
Aug 4, 2021
A big step forward for global tax justice
Europe must demonstrate that multilateral action can deliver for all if every country invests in it. And the new global tax agreement does just that.
Japan Times
BUSINESS / Economy
Jul 22, 2021
Japan may attain fiscal health in 2027 due to tax revenue rise
The country's primary balance is expected to turn black in fiscal 2027 with a surplus of about u00a51.8 trillion ($16.4 billion) under the most optimistic scenario.
Japan Times
JAPAN / Crime & Legal
Jul 10, 2021
'Demon Slayer' animation studio and president indicted for tax evasion
According to the indictment, Hikaru Kondo evaded a total of around u00a5109 million in corporate taxes by understating the company's income.
Japan Times
BUSINESS / Companies / FOCUS
Jun 16, 2021
How Trump’s trade war built China’s first global fashion giant
Partly due to the trade war, Shein pays neither export taxes on most of its products nor U.S. import taxes, an advantage that tilts the playing field heavily against its rivals.
Japan Times
EDITORIALS
Jun 12, 2021
An agreement on tax could remind world of G7’s value
The G7 could be relevant, however, as an avatar for democratic and value-oriented leadership and some leaders see the institution evolving in that direction.
Japan Times
WORLD / FOCUS
Jun 11, 2021
World’s richest face tax squeeze after 40% boost to fortunes
The proposals form part of a global revival of initiatives to target the rich, including new taxes on capital gains, inheritances and wealth.
Japan Times
BUSINESS
Jun 11, 2021
Japan’s Finance Ministry ignores climate risk, ex-official says
Rintaro Tamaki, a former top bureaucrat at the ministry, says it should raise Japan's already high gasoline tax and hike tariffs on imported fossil fuels.
Japan Times
BUSINESS
Jun 9, 2021
Tax deal by G7 countries exposes European policy rift on havens
The global deal on corporate tax looks set to pit large members such as Germany, France and Italy against Ireland, Luxembourg and the Netherlands.
Japan Times
BUSINESS / FOCUS
Jun 8, 2021
Big Tech watches tide turning on taxes after its years of plenty
In the current system, the likes of Facebook, Amazon.com and Google have paid effective tax rates which appeared on a long, steady march toward zero.
Japan Times
BUSINESS
Jun 6, 2021
What is a global minimum tax and what will it mean?
The deal aims to end what U.S. Treasury Secretary Janet Yellen has called a '30-year race to the bottom on corporate tax rates' as countries compete to lure multinationals.
Japan Times
BUSINESS / Economy
Jun 6, 2021
Tech giants and tax havens targeted by historic G7 deal
Japan and its G7 peers reached a landmark deal to squeeze more money out of multinational companies and reduce their incentive to shift profits to low-tax offshore havens.
Japan Times
BUSINESS / Economy
Jun 5, 2021
G7 nations 'just 1 millimeter' from historic tax deal
Some of the world's richest nations are within touching distance of a historic deal to close the net on large companies that do not pay their fair share of tax.
Japan Times
BUSINESS
Jun 4, 2021
G7 finance ministers meet in London to broker global tax deal
The talks are aimed at moving closer to a global deal to raise more tax revenue from the likes of Google, Facebook and Amazon.
Japan Times
BUSINESS / ANALYSIS
Jun 3, 2021
Global corporate tax crackdown gets ethical investor boost
Many funds have said they are escalating talks with companies over their tax planning and, if necessary, will dump shares.
Japan Times
BUSINESS
Jun 1, 2021
G7 to back minimum global corporate tax and support economies
A draft statement said the G7 supported efforts to set a global minimum corporate tax level that would ensure large multinationals paid their fair share.
Japan Times
COMMENTARY / World
May 29, 2021
Biden stumbles with cryptocurrency tax-collection plan
Since investors first started trading cryptocurrencies a decade ago, the IRS has been slow to define the rules of the road.
Japan Times
BUSINESS
May 25, 2021
Deputy U.S Treasury chief sees G7 support for 15%-plus global minimum tax
The U.S. global minimum tax proposal is expected to be a key topic of discussion at a preliminary virtual G7 finance leaders meeting on Friday.
Japan Times
BUSINESS
May 21, 2021
U.S. Treasury floats global corporate tax of at least 15%
The rate would be significantly below its proposed 21% minimum for U.S. multinational firms.
Japan Times
COMMENTARY / World
May 16, 2021
How to be smart about taxes on Bitcoin
Lots of crypto investors might be tempted to hide their heads in the tax-planning sand, and it's easy to see why. The tax issues are complex.
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.
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.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
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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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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