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July 16, 2024
 

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TAXES

Members of the Japanese Trade Union Confederation, commonly known as Rengo, raise their fists as they cheer during their annual May Day rally to demand higher pay and better working conditions, in Tokyo, in April.
BUSINESS / Economy
Aug 19, 2023
Japan eyes expanding tax breaks for firms raising wages
The industry ministry will include plans to expand the program in its tax system reform proposal for fiscal 2024, which starts next April.
The Internal Revenue Service headquarters in Washington. A conservative group's charge that a liberal network is abusing its tax-exempt status mirrors similar allegations made against a right-wing activist.
BUSINESS
Aug 16, 2023
U.S. ‘dark money’ donor groups trade accusations of tax evasion
Though the allegations by both sides are partisan, legal experts say the concerns they raise have been taken seriously by the IRS in the past.
People participate in a tour to climb to the top of a 120-meter Daibutsu statue in Ushiku, Ibaraki Prefecture. The tour is offered as a gift in return for donations under the furusato nōzei (hometown tax donation) system.
JAPAN / Society
Aug 1, 2023
Japan's hometown tax donations set record for third year
The value of donations under the furusato nōzei (hometown tax donation) system rose by about 20% from the previous year to ¥965.4 billion.
Tokyo's Asakusa area is crowded with tourists last week.
JAPAN
Jul 24, 2023
More Japan tourist hot spots imposing hotel taxes to fund promotions
Tokyo is considering increasing its tax for the first time since it became the first area in the country in 2002 to implement the system.
Japan Times
BUSINESS / Economy / FOCUS
Jul 18, 2023
Local governments in Tokyo spruce up donor gifts
Shinjuku Ward is considering a menu of unique gifts, such as crafts related to local industries including printing and dyeing, and a one-day 'mayor's experience' program.
Japan Times
BUSINESS
Jul 12, 2023
Japan’s bid to nurture startups lags global rivals on tax breaks
Struggling with a far lower business entry rate than the U.S. or Europe, Prime Minister Fumio Kishida’s government in 2022 launched a five-year plan to encourage new ventures.
Japan Times
BUSINESS / FOCUS
Jun 30, 2023
New battery sourcing rules make Japanese EVs ineligible for U.S. tax breaks
The new standards say a certain share of battery parts must be made and assembled in North America, with similar rules for key minerals used as materials for the batteries.
Japan Times
JAPAN / Politics / FOCUS
Jun 21, 2023
Kishida comes away from parliamentary session with key goals achieved
Out of 60 bills it submitted, 58 became law, a 96.7% passage rate — a slight drop from the equivalent session last year, where all 61 bills received parliament's approval.
Japan Times
EDITORIALS
Jun 16, 2023
Budgets are the real test of Kishida’s leadership
For the government to balance the budget while increasing spending on defense, child care and the elderly will require hard choices.
Japan Times
JAPAN / Politics
Jun 13, 2023
Japan delays possible tax hike period for defense, draft documents show
Japan has set ¥6.8 trillion for defense spending in this fiscal year, jumping from last year’s ¥5.4 trillion.
Japan Times
COMMENTARY / World
Jun 6, 2023
Debt debacle confirms what many thought of the U.S.
China is the chief beneficiary of the U.S. debt ceiling nonsense. Doubts about U.S. trustworthiness spur governments to look elsewhere for leadership and stability.
Japan Times
COMMENTARY / World
Jun 6, 2023
Flight of affluent taxpayers catches up with New York
The latest personal income tax data from New York shows the state bringing in less revenue than it did before the pandemic, which could hamper its ability to pay its bills.
Japan Times
JAPAN
Jun 1, 2023
Japan's fiscal 2022 tax revenue likely hit record, may reach ¥70 trillion
The rising trend reflects an increase in consumption tax revenue amid the rising prices of goods.
Japan Times
EDITORIALS
May 26, 2023
Inexplicable debt debate undermines U.S. power and status
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
Japan Times
JAPAN
May 23, 2023
Japan considers revamping tax-free shopping rule to stem illicit resales
In Japan, travelers are exempted from paying the consumption tax when purchasing goods totaling ¥5,000 or more as long as they intend to use the items in their home countries.
Japan Times
JAPAN
May 23, 2023
Kishida rules out tax hikes to fund more child care spending
Kishida places priority on boosting child-rearing support, seeing dwindling births as a 'national crisis.'
Japan Times
JAPAN
May 7, 2023
80% in Japan oppose tax hike plan to cover defense spending, poll finds
The unwillingness to accept tax hikes to cover defense outlays comes despite 53% saying they are 'extremely concerned' over China taking military action against Taiwan.
Japan Times
JAPAN
Apr 30, 2023
Outlook uncertain for Japan's mileage-based auto tax idea
Some in the automotive industry, which fears that a further increase in the burden on drivers would cause a further shift away from vehicle ownership and driving, have protested the idea.
Japan Times
JAPAN / Politics / FOCUS
Mar 30, 2023
As parliament debates kick into high gear, all eyes are on Kishida’s signature policies
The prime minister and his administration will now focus on some of his key legislative issues, including energy, defense and asylum programs.
Japan Times
ASIA PACIFIC
Mar 30, 2023
Taiwan is pushing Biden for a tax deal that could infuriate China
Taiwanese officials are pushing hard for an agreement to eliminate the burden of double taxation, but the U.S. can't sign a treaty to do so amid concerns of angering Beijing.
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.

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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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