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November 22, 2024
 

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TAXES

BUSINESS / Companies
Oct 6, 2015
Big U.S. firms hiding trillions abroad to avoid taxes: study
The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated $620 billion in taxes if they repatriated the funds, according to a study released Tuesday.
Japan Times
JAPAN / Society
Oct 1, 2015
My Number poses dilemma for bar hostesses, others moonlighting after work
A dirty little secret of one Japanese "office lady" stereotype is that some women, dissatisfied with their clerical salaries, augment their earnings by moonlighting as bar hostesses.
JAPAN
Sep 30, 2015
Overseas online purchases to be taxed in bid to protect domestic industries
Consumers in Japan will pay sales tax on overseas online purchases from Thursday in a policy change to eliminate the price advantage of foreign firms over domestic rivals.
LIFE / Language / MORNING ENGLISH
Sep 21, 2015
Let's discuss the new My Number system
This week's featured article
Japan Times
BUSINESS / Economy
Sep 18, 2015
Consumer spending recovery hampered by pension payment cuts
More than a year after a consumption tax increase tipped Japan into a recession, efforts to clamp down on soaring pension payments are suppressing a recovery in consumer spending.
BUSINESS
Sep 15, 2015
Ruling bloc agrees to keep targeted consumption tax reductions as option
The ruling Liberal Democratic Party and Komeito have agreed to keep a proposed reduced rate for certain items as an option in their discussions on how to cushion the impact of the next consumption tax increase.
BUSINESS
Sep 15, 2015
Komeito wants reduced tax rate proposal kept alive
Japan should not rule out imposing a lower rate of consumption tax on certain goods, the head of Komeito told party lawmakers Tuesday.
BUSINESS
Sep 15, 2015
Proposed food-and-drink partial tax refunds may bring little benefit, economists say
Proposed tax refunds on food and drink following a hike in consumption tax next year will have only limited benefit for the economy, some analysts have warned. By one estimate, the refunds will boost gross domestic product growth by a mere 0.03 percentage point.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Sep 12, 2015
Japan's treasury hopes flat-rate beer tax will drive drinkers to maltier fare and pad coffers
Who will benefit from plans to levy the same tax rate on all three categories of beers?
BUSINESS / Economy
Sep 9, 2015
Abe pledges 2016 corporate tax cut as investment stays sluggish
Prime Minister Shinzo Abe pledged to follow through with a corporate tax cut, a day after government data underscored businesses' reluctance to ramp up domestic investment.
WORLD / Politics
Aug 1, 2015
Clintons report income of $140 million since 2007; federal tax bill: $43.9 million
Democratic presidential candidate Hillary Rodham Clinton and her husband, former President Bill Clinton, on Friday reported total income approaching $140 million over the last eight years, providing evidence of the vast wealth they have accumulated.
COMMENTARY / World
Jul 19, 2015
International taxation and global development
The system of taxing global profits is broken — and it is exacerbating inequality both within and across countries
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
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.
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.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
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.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

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