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April 02, 2025
 

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TAXES

JAPAN
Apr 10, 2018
Japan's ¥1,000 departure tax: Diet approves law on use of revenue from levy set to start in 2019
The government aims to use the funds to boost tourism infrastructure and promote travel destinations in rural Japan.
EDITORIALS
Apr 4, 2018
Feasible fiscal consolidation scenario needed
The government should base the new deficit-reduction target on a more feasible growth scenario and engage in steady efforts to streamline its spending.
BUSINESS
Mar 31, 2018
New definition of beer gives Japanese breweries license to change
Japan will change its legal definition of beer on Sunday, allowing its lager-laden breweries to finally diversify and reinvigorate the stale market.
Japan Times
BUSINESS
Mar 30, 2018
Trump escalates attack on Amazon, focusing on tax and shipping but offering no evidence
U.S. President Donald Trump accused Amazon.com Inc. on Thursday of not paying enough tax, taking advantage of the U.S. postal system and putting small retailers out of business, but did not present any evidence to back up his criticisms or suggest any specific actions he planned to take.
JAPAN / YEN FOR LIVING
Mar 7, 2018
Shrine murder highlights huge amount of cash — most of it off-book — raked in by Japan's religious sites
In December, the former gūji (head priest) of Tokyo's famous Tomioka Hachimangu Shrine allegedly murdered his sister before committing suicide. Later, it was reported by various media that the suspect, Shigenaga Tomioka, had taken over the position from his father in 1995, but apparently the father...
Japan Times
COMMUNITY / How-tos / LIFELINES
Feb 21, 2018
What Trump's tax reforms mean for Americans in Japan
Changes under the U.S. Republican administration are likely to affect the bottom line for individuals and companies here alike.
Japan Times
BUSINESS
Feb 13, 2018
U.S. to push for 'reciprocal tax' on trade partners: Trump
U.S. President Donald Trump said Monday he will push for a "reciprocal tax" against countries, including allies of the United States, that levy tariffs on American products, but officials did not provide details on how such a tax would be structured or the goods to which it would apply.
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.
As ‘Buy Canadian’ grows, more U.S. firms say retailers turning away products
Empty shelves with "Buy Canadian Instead" signs are seen in the American Whiskey section of the BC Liquor in Vancouver, British Columbia, on March 10.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Nankai Trough earthquake could kill 298,000 people, government says
Residents participate in an evacuation drill held with West Japan Railway in Shirahama, Wakayama Prefecture, in January 2024 to prepare for a Nankai Trough earthquake and a possible tsunami following the quake.
Osaka Expo's Japan Pavilion completed
A ceremony is held to mark the completion of the Japan Pavilion at the World Expo in Osaka on Saturday.
On defense, Japan may avoid Trump's worst impulses — for now
Defense Minister Gen Nakatani and U.S. Secretary of Defense Pete Hegseth chat after reviewing an honor guard during a welcome ceremony at the Defense Ministry in Tokyo on Sunday.
No longer a 'bridesmaid': Yuki Tsunoda prepares for the Red Bull pressure cooker
All eyes will be on Yuki Tsunoda as he makes his Red Bull debut at the Japanese Grand Prix this weekend.
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.
Who among the opposition would join the ruling coalition?
Prime Minister Shigeru Ishiba enters his office in Tokyo on Friday.

Podcast

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