Oct 21, 2016

Japan to tighten taxation on rich emigrants

The government and ruling coalition have agreed to consider tightening taxation on rich people who leave the country to live abroad for the purpose of avoiding inheritance and gift taxes, informed sources said Friday. This will be included in a fiscal 2017 tax system ...

Oct 21, 2016

Japan still a developing nation in tourism: JTA chief


Despite the visitor boom, Japan is still an “undeveloped country” when it comes to tourism, Japan Tourism Agency chief Akihiko Tamura said Friday. Inbound tourism rose around 30 percent annually from 2011 to 2015, according to agency data. But the revenue represents a mere ...