Tag - taxes

 
 

TAXES

A Japan Ground Self-Defense Force battle tank fires ammunition during a live fire exercise at East Fuji Maneuver Area in Gotemba, Shizuoka Prefecture, in May.
JAPAN / Politics
Oct 25, 2024
Defense tax hikes hinge on election results
Ruling and opposition parties share a recognition that Japan faces a tough security environment.
A Ferrari F12tdf that the Tokyo Regional Taxation Bureau is listing for an online public auction
JAPAN
Oct 16, 2024
Tokyo tax office to sell Ferrari with bids starting at ¥71.3 million
The car is one of a number of items listed by tax authorities for an online auction of assets seized mainly from people with unpaid taxes.
Prime Minister Shigeru Ishiba during a debate session with other political party leaders at the Japan National Press Club in Tokyo on Saturday
BUSINESS
Oct 15, 2024
Japan’s sales tax likely to remain 10% as big parties avoid third rail
Prime Minister Shigeru Ishiba aims to fund social security programs without changing the current tax rate of 10%.
An event to support Fukushima, Miyagi and Iwate prefectures is held in Sendai in March, with booths offering local specialties.
JAPAN / Society / Regional Voices: Fukushima
Sep 30, 2024
Nearly 40% of Fukushima municipalities want hometown tax system revised
Some want the central government to implement measures to establish a system that narrows disparities among municipalities.
The real significance of Brussels' case against Apple is that it will increase pressure to reform how multinationals allocate their profits globally and are taxed.
COMMENTARY / Japan
Sep 15, 2024
Ireland struck it rich with Apple. Others struck it poor.
The Apple case highlights the need for global tax reforms to ensure multinationals pay taxes where they operate, benefiting countries beyond just Ireland.
The Tokyo Regional Taxation Bureau in Tokyo's Chuo Ward
JAPAN / Society
Sep 13, 2024
Chief priest of Tokyo shrine allegedly took ¥250 million from amulet sales
The priest and the corporation that runs the shrine have been hit with additional taxes, including penalties, worth about ¥130 million.
The European Court of Justice is set to give a ruling on Irish tax breaks to U.S. company Apple on Tuesday.
BUSINESS / Tech
Sep 10, 2024
D-Day for Apple and Google as EU court to rule on major cases
The Apple case has been one of several investigations in the previous decade into sweetheart tax arrangements between major companies and several EU countries.
California has ambitious climate policies. But the state should shift more green energy-related costs from electricity bills to taxes to promote fairness and sustainability.
COMMENTARY / World
Sep 9, 2024
California's crushing power bills challenge its climate goals
California is incredible, but making it livable, what with its droughts, floods, fault-lines and wildfires, has never been cheap.
Shigeru Ishiba speaks at a supporters meeting in Tokyo on Aug. 30.
JAPAN / Politics
Sep 5, 2024
Taxes and political reform in focus in upcoming LDP campaign
The candidates’ recipes to put the economy back on track after decades of low growth are varied, with some emphasizing redistribution and others promising no tax hikes.
Liberal Democratic Party Secretary-General Toshimitsu Motegi announces his candidacy for leadership of the party in Tokyo on Wednesday.
JAPAN / Politics
Sep 4, 2024
In leadership bid, LDP Secretary-General Motegi says no tax hikes
He pledges to tackle Japan’s sluggish economy without increasing the burden on taxpayers and abolish the contentious "funds for political activities."
A Ferrari seized by the Tokyo Regional Taxation Bureau which will be put up for auction
JAPAN
Aug 23, 2024
Tokyo’s tax agency will auction off $390,000 Ferrari it seized
Other high-end items up for auction include luxury real estate and a rare bottle of Suntory Holdings' cult-favorite whisky Hibiki 30.
 Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
JAPAN
Aug 13, 2024
Japan to revise consumption tax exemption for overseas tourists
A revision of the current system is being considered to prevent goods bought tax-free from being resold within the country.
Defense Minister Minoru Kihara speaks on July 30 during a parliamentary inquiry into a series of scandals involving the ministry and the Self-Defense Forces.
JAPAN / Politics / ANALYSIS
Aug 6, 2024
The wider international and domestic implications of the SDF scandals
The problems have put the spotlight on Japan’s ability to convince its partners that it’s ready to shoulder a larger security role.
Tokyo's Shibuya Ward offers a ticket to Shibuya Sky, an open-air observation deck at the rooftop of a high-rise building in Shibuya, as a return gift for those who made furusato nozei donations to the ward.
JAPAN / Society
Aug 2, 2024
'Furusato nozei' donations topped ¥1 trillion for first time in 2023
The city of Miyakonojo in Miyazaki Prefecture received the largest amount of donations, at ¥19.3 billion.
Though some in the country rejected their wartime associations, the Japanese government made the Hinomaru flag and "Kimigayo" anthem official 25 years ago.
JAPAN / History / Japan Times Gone By
Aug 1, 2024
Japan Times 1999: Flag, anthem now official
After some controversy, the Hinomaru flag was made official alongside the country's national anthem, "Kimigayo."
The Bank of Japan building in Tokyo on March 18. With the BOJ’s policy tightening, the difficulty of managing the country’s debt payments is expected to become worse.
BUSINESS
Jul 29, 2024
Japan expects to hit primary balance goal in fiscal 2025
The government initially aimed to achieve the goal in fiscal year 2011 but kept pushing it back for over a decade.
Brazilian Economy Minister Fernando Haddad arrives for a news conference during a break at the Group of 20 finance chiefs' meeting session in Rio de Janeiro on Friday.
BUSINESS / Economy
Jul 27, 2024
G20 pledges to work together to tax ultrarich
The topic of tackling tax-dodging billionaires dominated the two-day meeting in the Brazilian city, which will host the next G20 summit in November.
People who made hometown tax donations to the city of Narita in Chiba Prefecture take part in a tour on Sunday at Narita Airport in the city, which was offered as a return gift.
JAPAN
Jul 26, 2024
Japan's hometown tax donations top ¥1 trillion for first time
The number of people who received residence tax breaks through the system is also believed to have hit a record 10 million.
The Finance Ministry and the National Tax Agency in Tokyo's Kasumigaseki district
BUSINESS
Jul 3, 2024
Japan's tax revenue sets another record amid a weak yen and inflation
Even with the tax revenue gains, however, Japan’s fiscal plight is severe.
Internal affairs minister Takeaki Matsumoto
JAPAN
Jun 26, 2024
Point websites to be barred from Japan's hometown tax donation system
Donations collected via the sites will no longer be tax deductible under the hometown tax system.

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