Tag - taxes

 
 

TAXES

Prime Minister Fumio Kishida delivers a policy speech during a plenary session of the Lower House in Tokyo on Tuesday.
JAPAN / Politics
Jan 30, 2024
Kishida comes full circle in policy speech with emphasis on 'power'
Amid low approval ratings and soul-searching for the ruling party, the prime minister made "power" a key theme in his policy speech.
BUSINESS
Jan 26, 2024
Yuri Okina tapped as new chief of government tax panel
Okina is the first female chief of the panel, which advises the prime minister, and its first new chair in roughly 10 years.
Prime Minister Fumio Kishida makes a toast with Indonesian President Joko Widodo at a Japan-ASEAN luncheon meeting at the Japan Business Federation in Tokyo on Dec. 18. Kishida’s chance of reelection in the LDP presidential race in September will largely depend on his administration’s response to the current funding scandal and its entanglement in it.
JAPAN / Politics
Dec 31, 2023
Scandal, economic policy and LDP race to weigh on Kishida in 2024
How he balances all three will determine whether he keeps his job as LDP party president and, by extension, prime minister.
The Ground Self-Defense Force's Amphibious Rapid Deployment Brigade takes part in a marine landing drill on Tokunoshima island, Kagoshima Prefecture, on Nov. 19.
JAPAN / Politics
Dec 29, 2023
Kishida’s military build-up plans face bumpy road ahead
One year on, questions remain as to whether the embattled leader, whose support rate recently dipped to new lows, can follow through on his pledges.
LIFE / Language / BILINGUAL
Dec 15, 2023
Despite a taxing year, 2023's top kanji still draws questions
In a year of major crises around the world, Japanese voters pick the kanji for "zei," meaning "tax," based on a plan yet to be implemented.
BUSINESS / Economy
Dec 14, 2023
Japan's ruling coalition OKs tax reforms amid public skepticism
The schedule for planned tax hikes to boost defense spending was once again not made clear.
Seihan Mori, chief priest of Kiyomizu Temple in Kyoto, writes "zei" (taxes), which was chosen on Tuesday as the kanji of the year.
JAPAN
Dec 12, 2023
Talk of taxes spurs choice for Japan’s kanji of the year
The choice came as tax hikes and cuts were heavily covered in the news and discussed among policymakers.
Ground Self-Defense Force soldiers on Tokunoshima island, Kagoshima Prefecture, on Nov. 19. The government plans to secure over ¥1 trillion in fresh defense outlays by raising corporate, tobacco and income taxes in stages, but it has yet to decide when to start increasing the taxes.
JAPAN / Politics
Dec 11, 2023
Japan unlikely to hike taxes for defense boost in '25: LDP official
The decision on when to hike taxes will be delayed into 2024 amid an unfolding fundraising scandal involving many LDP factions and senior lawmakers.
JAPAN / Explainer
Nov 24, 2023
Why is Fumio Kishida called 'the four-eyed tax-hiker'?
The prime minister hasn’t actually raised taxes for the public at large since he took office over two years ago — at least, not yet.
BUSINESS
Nov 22, 2023
Manga artists and taxi drivers hit as tax frustrations mount
About 4.6 million businesses that were previously exempt from paying sales tax have been impacted by a new invoice system.
Prime Minister Fumio Kishida arrives in San Francisco on Wednesday to attend the Asia-Pacific Economic Cooperation summit meeting.
JAPAN / Politics
Nov 16, 2023
Public approval for Kishida Cabinet sinks to new low of 21.3%
The support rate fell 5.0 percentage points from the previous month, while the disapproval rate rose 7.0 points to 53.3%.
JAPAN / Politics
Nov 13, 2023
State minister of finance resigns in further blow to Kishida
Kenji Kanda submitted his resignation after admitting that his firm had failed to pay fixed asset taxes.
BUSINESS / Economy
Nov 10, 2023
Cabinet approves ¥13.1 trillion extra budget to finance fresh stimulus
Prime Minister Fumio Kishida appears to be eager to regain popularity with the relief package, but voters aren't convinced.
JAPAN / Politics
Nov 10, 2023
Japan opposition CDP vows to provide tax cuts and benefits
The proposal did not include a goal of lowering the consumption tax rate from 10% to 5% temporarily, which was a campaign pledge of the CDP.
PODCAST / deep dive
Nov 9, 2023
Japan’s 'four-eyed tax hiker' and the curse of Colonel Sanders
Baseball writer Jason Coskrey and editor Joel Tansey discuss the Hanshin Tigers’ Japan Series victory; Gabriele Ninivaggi explains how the prime minister hopes to get a home run with his tax plan.
In some cases, it's up to individual foreign residents to understand the unique tax implications of their home countries and Japan in order to avoid a penny-pinching retirement.
COMMUNITY / How-tos / Age Wise
Nov 5, 2023
Retiring in Japan? Be prepared to foot your own bills.
“In an ideal world, everyone should have retirement planning on their radar as soon as possible when working life begins.”
BUSINESS
Nov 2, 2023
Kishida unveils ¥17 trillion stimulus package amid pushback
A supplementary budget proposal — worth a total of ¥13.1 trillion — to back the package will be submitted to parliament in the upcoming weeks.
Prime Minister Fumio Kishida chats with Finance Minister Shunichi Suzuki (left) in a parliamentary session in October.
BUSINESS / Economy / FOCUS
Nov 2, 2023
Kishida distances himself from panel report backing tax overhaul
The advisory panel's medium-term reform proposal could mean higher taxes for salaried workers.
Fortnite is estimated to be played by over 400 million people worldwide.
JAPAN
Nov 1, 2023
Fortnite developer fails to report ¥30 billion in revenue in Japan
The problem, which lasted for three years to December 2020, was uncovered in an investigation.
JAPAN / Politics
Nov 1, 2023
Hotly debated tax cuts risk backfiring on Kishida administration
When Kishida announced plans to cut income and residence taxes to ease the hit from inflation, there was a chorus of skepticism rather than joy.

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties