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July 16, 2024
 

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TAXES

Japan Times
BUSINESS / Economy
Mar 28, 2023
U.S. and Japan strike deal on supply of minerals for EV batteries
EVs that use materials that have been collected or processed in Japan will be eligible for incentives under the U.S. Inflation Reduction Act, Japan's trade minister said.
Japan Times
COMMENTARY / World
Mar 24, 2023
Should the government get to spend your pension savings?
There’s a feeling in the U.K. that it isn’t right for pension money to sit around when there are socially meaningful things it could be doing instead.
Japan Times
JAPAN
Mar 23, 2023
Kyoto to introduce Japan's first empty homes tax
The new tax, set for introduction in 2026 at the earliest, aims to boost the property market amid an exodus of young people struggling to secure housing in the city.
Japan Times
BUSINESS
Mar 22, 2023
U.S. to include Japan-provided materials in EV tax credit scheme
Under the changes, the U.S. will relax the rules to allow EVs to contain key minerals provided by Japanese companies, despite Tokyo not holding a free trade agreement with Washington.
Japan Times
BUSINESS
Mar 11, 2023
Keidanren to seek tax use for raising Japan's birthrate
The country's top business lobby is calling for 'the best mix' of financial resources, including taxation, social insurance premiums and government bonds, together with spending reforms.
Japan Times
WORLD
Mar 10, 2023
Biden's $6.8 trillion budget challenges Republicans and raises taxes on rich
The president challenged Republican opponents on fiscal responsibility, highlighting plans to cut U.S. deficits nearly $3 trillion over 10 years by raising taxes on high earners.
Japan Times
JAPAN / Politics / FOCUS
Mar 9, 2023
Ten years on, reconstruction tax continues to stir debate
Critics have increasingly pointed out misuse of the budget, resulting in growing demands across the political spectrum for stricter criteria for allocating funds.
Japan Times
JAPAN
Mar 8, 2023
Nine social media influencers in Japan slapped with fines for back taxes
The nine influencers, all of them women and most of whom are in their 30s, failed to declare about ¥300 million in total in taxable income in the six years through 2021, sources said.
Japan Times
JAPAN
Feb 20, 2023
Undeclared income of wealthy in Japan hits record high
The undeclared income totaled ¥83.9 billion in the year through June 2022, up 72.3% from the preceding year.
Japan Times
BUSINESS
Feb 7, 2023
Vending machines make duty-free shopping easier for travelers in Japan
Travelers can pre-order items online and pick them up at automated retail machines at airports or other transport hubs in major cities including Tokyo.
Japan Times
JAPAN
Jan 30, 2023
Parliament begins budget talks amid focus on Kishida's tax plans
Attention is increasingly turning to when Kishida might call an election, especially given the divisive issue of tax hikes to pay for increased defense spending and child care policies.
Japan Times
JAPAN / Politics
Jan 29, 2023
Majority urge election before tax hikes to cover Japan defense budget rise
Some 77.9% of respondents in a poll urge Prime Minister Fumio Kishida to seek voter approval on his defense spending hike.
Japan Times
WORLD / Politics
Jan 29, 2023
Sunak fires Zahawi citing ‘serious’ ethics breach over taxes
U.K. Prime Minister Sunak said the probe of Nadhim Zahawi's tax situation has been concluded and fired the Conservative Party chairman.
Japan Times
JAPAN
Jan 25, 2023
CDP questions Kishida on defense spending, nuclear power and child care
Calling for a snap election, the CDP's Kenta Izumi blasted the prime minister for pursuing a tax hike for defense spending without parliamentary discussion.
Japan Times
JAPAN / Politics
Jan 24, 2023
Kishida's focus on child care leads to speculation over sales tax hike
Many fear a consumption tax hike could drag down business and household spending, hampering economic growth.
Japan Times
JAPAN
Jan 22, 2023
Kishida heads into parliamentary session with packed — and divisive — agenda
Contentious debates in the Diet over increased defense spending, policies aimed at children and extending the life of nuclear reactors could ultimately seal the prime minister's fate.
Japan Times
COMMENTARY / World
Jan 18, 2023
We’ll all pay for Uncle Sam’s cheap debt fantasies
By financing ballooning spending with short-term debt, the government failed to lock in record-low interest rates while it could. Now the piper has come to call.
Japan Times
WORLD / ANALYSIS
Jan 14, 2023
Russia may hike taxes as military spending and oil price weigh on budget
Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may have to raise taxes.
Japan Times
JAPAN / Politics
Jan 8, 2023
Kishida's plan to combat Japan's low birthrate stirs talk of sales tax hike
The prime minister's plan to double the budget for children's policies has sparked controversy in the LDP, as questions remain over how to secure the needed funds.
Japan Times
JAPAN
Dec 28, 2022
Kishida says election to come before tax hike for defense
Kishida has unveiled plans for a 60% increase in defense spending over five years.
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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