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November 22, 2024
 

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TAXES

JAPAN
Dec 1, 2018
Over half of Japanese choose not to obtain My Number cards: survey
The Cabinet Office finds more than half of 3,000 Japanese aged 18 or over questioned during survey have chosen not to obtain My Number social security and taxation identification cards.
Japan Times
BUSINESS
Nov 22, 2018
Trudeau cuts Canadian business taxes to keep pace with U.S. moves, deferring deficit reduction
Justin Trudeau is offering tax breaks to business instead of cutting Canada's deficit, as his Liberal government uses a revenue windfall to keep pace with U.S. tax reform.
Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
Japan Times
JAPAN / EXPLAINER
Nov 5, 2018
To what extent will Japan's 2014 downturn repeat with the new tax hike?
The wallets of Japanese residents may get a little lighter next year, as the prices of most goods and services are set to rise under a new consumption tax system starting in October 2019.
Japan Times
BUSINESS
Oct 31, 2018
Amazon dealt $250 billion blow from market jitters and earnings confusion
Fears of a prolonged market downturn, slowing international sales, stepped-up competition in the U.S. and flat-out confusion about how Amazon.com Inc. makes money are all reasons behind the company's dizzying 25 percent drop in value from its September high.
Japan Times
BUSINESS
Oct 30, 2018
Britain to target online platform giants like Google, Facebook and Amazon with new digital services tax
Britain said it would tax the revenue that online platforms such as Google, Facebook and Amazon make in the country to update a system that had not kept pace with changing digital business models.
Japan Times
BUSINESS / Economy
Oct 29, 2018
Analysts predict Bank of Japan will maintain policy stance with focus growing on 10-year yield range
At meetings scheduled for this week, the Bank of Japan will maintain its policy settings, according to economists surveyed by Bloomberg, amid a growing view that the BOJ will eventually use greater flexibility in yield movements as a tightening measure.
BUSINESS / Economy
Oct 27, 2018
Japan to skip planned tax hike for capital gains and dividends
The tax panels of the ruling parties have decided to skip a tax hike for capital gains and dividends in reforms for fiscal 2019, sources have said.
EDITORIALS
Oct 17, 2018
What next after the consumption tax goes to 10%?
Doubts persist as to whether the hike will cover the mushrooming social security costs of the rapidly aging population.
Japan Times
WORLD / Politics
Oct 14, 2018
Jared Kushner 'likely' paid little or no income taxes for years: New York Times
Jared Kushner, President Donald Trump's son-in-law and a senior White House adviser, likely paid little or no federal income taxes between 2009 and 2016, The New York Times reported Saturday, citing confidential financial documents.
Japan Times
ASIA PACIFIC / Crime & Legal
Oct 3, 2018
Chinese star Fan Bingbing fined $129 million over tax evasion
China has ordered A-list movie star Fan Bingbing to pay about 884 million yuan ($129 million) in overdue taxes and fines, the Xinhua News Agency said on Wednesday, as a crackdown on tax evasion in the entertainment industry gathers momentum.
Japan Times
BUSINESS / FOCUS
Oct 2, 2018
With just a year to go, Japan's businesses worry about complexities of forthcoming consumption tax rates
With the Abe government planning to raise the consumption tax rate to 10 percent from 8 percent on Oct. 1 next year, businesses are worried about the extra burden of a consumer-friendly relief measure.
Japan Times
JAPAN
Sep 27, 2018
Kyoto lodging tax kicks in on Monday
City becomes the third local government in Japan to implement a accommodation levy after Tokyo and Osaka Prefecture.
EDITORIALS
Sep 17, 2018
Reviewing the 'hometown tax donation' system
The hometown tax donation system should be promoted as a mechanism to enable people to support the municipalities that they really want to help.
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.
Russia fired experimental ballistic missile at Ukraine, Putin says
Ukrainian firefighters work on a spot following an airstrike in Dnipro on Thursday.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
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.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.

Podcast

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

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Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
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