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November 22, 2024
 

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TAXES

Japan Times
JAPAN / Politics
Dec 6, 2022
Japan to defer tax hikes for defense spending until 2027
The delay is planned in light of economic uncertainties stemming from rising prices, while strong opposition from members of the ruling Liberal Democratic Party to corporate and other tax hikes was also a factor, sources say.
Japan Times
BUSINESS
Dec 4, 2022
Japan cautious on capital gains tax but must stick to increasing defense
Japan PM Kishida told his ministers last month to double the share of military outlay to 2% of gross domestic product within next five years in the face of regional threats.
Japan Times
WORLD
Nov 23, 2022
U.S. Supreme Court clears way for lawmakers to get Trump's tax returns
Trump was the first president in 40 years not to release his tax returns as he sought to keep the details of his wealth and the activities secret.
Japan Times
JAPAN
Nov 22, 2022
Kishida's hunt for cash to fund defense buildup
Alarmed by rising tensions in Ukraine and Taiwan, many in the country want a stronger deterrent, but few in the heavily indebted nation want more taxes to pay for it.
Japan Times
JAPAN
Nov 21, 2022
Panel says public must shoulder burden of strengthening Japan's defenses
The draft proposal rejected relying on government bond issues, and said that 'the burden must be shouldered by the public through a wide range of taxes.'
Japan Times
BUSINESS
Nov 19, 2022
Japan to beef up stock option tax breaks in bid to foster startups
Under the plan, executives and employees at startups will be eligible for a tax preference if they exercise stock options within 15 years after the right is granted.
Japan Times
BUSINESS
Nov 18, 2022
Japan likely to discuss mileage tax as electric vehicles become standard
Amid expectations that more vehicles will run on electricity and hydrogen instead of gasoline, the government will seek a new source of tax revenue that can replace the current tax on fuels.
Japan Times
BUSINESS / Economy
Nov 7, 2022
Japan spent ¥45.5 billion in tax money wastefully in fiscal 2021, government reports
There were 310 reported cases of wasteful spending, the Board of Audit of Japan has said, following a slump in the number of on-site inspections by board staff during the pandemic.
Japan Times
BUSINESS
Nov 6, 2022
Japanese government sounds alarm over U.S. EV tax credits
Eligibility for the credit is 'not consistent' with the shared policy between Tokyo and Washington to build resilient supply chains by working with allies and partners, Japan said.
Japan Times
BUSINESS
Oct 12, 2022
Local Japan governments eye taxes to prevent deforestation by renewable energy firms
While the use of renewable energy sources is growing, local communities are worried about the environmental destruction the creation of such facilities may cause.
Japan Times
BUSINESS
Oct 3, 2022
U.K.'s Truss forced into humiliating U-turn on tax policy
Just hours after Truss went on television to defend the policy, her finance chief released a statement saying he accepted it had become a distraction.
Japan Times
JAPAN / Explainer
Oct 2, 2022
Tax breaks, local specialties: What to know about Japan’s furusato nōzei program
Foreign residents had difficulty taking advantage of the program due to a lack of information in languages other than Japanese — until now.
Japan Times
JAPAN
Sep 28, 2022
New platform encourages Japan's foreign residents to use tax donation programs
The furusato nu043eu0304zei program allows people to give tax payments to prefectures and municipalities in exchange for gifts, but uptake among non-Japanese has been low.
Japan Times
COMMENTARY / World
Sep 5, 2022
Will the Supreme Court come to rescue of U.S. expats?
The U.S. is unique in tormenting its citizens abroad with tax obligations. But the U.S. Supreme Court could show mercy.
Japan Times
COMMENTARY / World
Aug 24, 2022
A 'sober-curious' generation leaves Japan with a hangover
Should the tax arm of the government be encouraging people to drink, even in moderation?
Japan Times
BUSINESS
Aug 24, 2022
Environment Ministry planning biodiversity conservation tax breaks for fiscal 2023
The move aims to encourage nature conservation efforts by the private sector in order to achieve a G7 goal of protecting at least 30% of land and oceans as healthy ecosystems by 2030.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Ruling coalition and DPP strike last-minute deal over economic policy
DPP policy chief Makoto Mahaguchi speaks at the party's policy gathering in Tokyo on Wednesday.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
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By Kathryn Wortley

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