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July 16, 2024
 

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TAXES

Japan Times
JAPAN / Politics
Nov 15, 2014
Abe may dissolve Lower House on Tuesday, call snap December election
Prime Minister Shinzo Abe is set to announce Tuesday the dissolution of the Lower House and call a snap election in December, senior ruling party lawmakers say.
BUSINESS / Economy / ANALYSIS
Nov 14, 2014
Abe likely to delay tax hike; economists warn of future ramifications
Delaying a key measure to address Japan's enormous public debt would only lead to a larger fiscal problem down the road, economists warn.
Japan Times
BUSINESS
Nov 13, 2014
Firms overwhelmingly want Abe to delay sales tax hike, poll shows
Companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap the consumption tax increase planned for next October, a Reuters poll shows, highlighting concerns the hike could derail a fragile recovery.
BUSINESS / Economy
Nov 10, 2014
METI chief hopes to cut corporate tax by over 2.5 percentage points
Minister of Economy, Trade and Industry Yoichi Miyazawa said Monday that he will aim to shave "more than 2.5 percentage points" off of the 35 percent effective corporate tax rate in the fiscal year starting April 2015.
JAPAN / Politics
Nov 3, 2014
Wounded Abe grapples with tax jinx after BOJ easing move
Back in April when Shinzo Abe raised the consumption tax, he was betting he could break a jinx that has doomed prime ministers to losing their jobs.
Japan Times
WORLD / Politics
Nov 3, 2014
Courting liberals, Clinton takes tougher line on big business
Long viewed as an ally by Wall Street, likely 2016 presidential contender Hillary Rodham Clinton has increasingly been taking banks and big business to task while on the campaign trail for Democrats across the United States.
EDITORIALS
Nov 1, 2014
Spirit of giving to hometowns
The Abe administration plans to expand the system in which taxpayers contribute money to local governments of their choice — ideally their own hometowns — in return for tax reductions in the places where they currently live.
JAPAN
Oct 29, 2014
Movie company fined for failing to report ¥1 billion in income
Tax authorities say Sedic International Inc., a film production firm known for its Oscar winner "Okuribito" ("Departures"), failed to declare about ¥1 billion in income in the five years to August 2012.
WORLD
Oct 27, 2014
Thousands of Hungarians protest Internet traffic tax
Thousands of Hungarians protested in Budapest on Sunday against a planned new tax on Internet data transfers, which they said would not only increase the tax burden but would also curb fundamental democratic rights and freedoms.
COMMENTARY / World
Oct 4, 2014
U.S., not the EU, needs to tackle Apple's taxes
Apple, the world's most valuable company, receives much of its profit in Ireland but pays taxes on a fraction of it. The U.S. primarily has the power to make Apple and other offshore companies pay more.
Japan Times
COMMUNITY / How-tos / LIFELINES
Aug 17, 2014
From 2015, you may not have to work 25 years to draw a pension
The period you have to pay into the system to be eligible to draw a pension is supposed to be cut down to 10 years in October 2015, but this is inextricably linked to a planned consumption tax hike.
Japan Times
BUSINESS
Jun 9, 2014
Detroit rolls dice on casino-led comeback
Detroit's reliance on casino cash to help fund a recovery from the city's historic bankruptcy is a high-risk bet on an increasingly shaky source of income.
Japan Times
JAPAN
May 26, 2014
Aso complains his taxes shouldn't be used to fund health costs of 'lazy'
Blue-blooded Finance Minister Taro Aso stirs up a debate on social welfare costs by complaining it's unfair his taxes are financing the medical costs of lazy people.
JAPAN
May 24, 2014
Japan Times chairman paid hefty back taxes
Nifco Inc. Chairman Toshiaki Ogasawara paid more than ¥100 million in back taxes in 2012 after failing to declare ¥1 billion in income, his tax accountant says.
EDITORIALS
May 17, 2014
Casino gambling bad bet in Japan
Letting the gambling industry operate in Japan would be a terrible bet, as the bulk of gambling tax revenue would be offset by expenditures for treating addictions and fighting crime.
BUSINESS
May 6, 2014
U.S., Singapore reach agreement on tax evasion
Singapore has reached an agreement with the United States on sharing tax information under a new law meant to combat offshore tax-dodging by Americans, a U.S. Treasury Department spokeswoman said on Monday.
BUSINESS
Apr 21, 2014
Panel urges corporate tax rate cut
Cutting the corporate tax rate would help double foreign direct investment by 2020, a government panel said Monday.
Japan Times
BUSINESS / Companies
Apr 9, 2014
Corporate America's offshore cash pile rises to $2.1 trillion: study
Foreign profits held overseas by U.S. corporations to avoid taxes at home nearly doubled from 2008 to 2013 to top $2.1 trillion, a private research firm's said in a report, prompting a call for reform by the Senate's top tax law writer.
BUSINESS
Mar 3, 2014
Detroit bankruptcy prods other cities to target pensions
Local officials in at least 10 states are trying to cut pensions of municipal workers, or eliminate defined-benefit plans, pointing to Detroit as a symbol of the peril of growing retirement costs.
Japan Times
COMMUNITY / Voices / VIEWS FROM THE STREET
Feb 12, 2014
Nagoya: What do you think about the April sales tax increase and how will it affect you?
Denizens of the Chubu capital offer their tuppence-worth on the impending 3-percent consumption tax hike to 8 percent from the start of the fiscal year.
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.

Podcast

You can often see generations of families enjoying performances together at Fuji Rock Festival.
Japan’s summer music festivals are feeling the heat in more ways than one

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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