Abe to cut business tax but mum on how

Jun 13, 2014

Abe to cut business tax but mum on how

Prime Minister Shinzo Abe pledged Friday to reduce the 35 percent corporate tax rate to under 30 percent in the next few years in an attempt to boost foreign investment and bolster the economy. Abe also said that his administration will secure other financial ...

Abe, LDP agree to cut corporate tax rate from fiscal 2015

Jun 3, 2014

Abe, LDP agree to cut corporate tax rate from fiscal 2015

Prime Minister Shinzo Abe and his ruling Liberal Democratic Party’s tax panel agreed Tuesday to cut Japan’s corporate tax rate from fiscal 2015 on the condition that the government continues efforts to restore the country’s precarious public finances. Earlier in the day, Finance Minister ...

LDP touts moves to bolster 'Abenomics'

May 21, 2014

LDP touts moves to bolster 'Abenomics'

by Ayako Mie

Corporate tax cuts, stronger corporate governance and closing the tax gap between one- and two-income households are among the Liberal Democratic Party’s recommendations for inclusion in Prime Minister Shinzo Abe’s economic growth strategy, due by the end of next month. The LDP, which met ...

May 21, 2014

LDP's new plan to beat deflation: more baseball

Can more baseball save Japan — or at least “Abenomics”? A set of recommendations to lift economic growth being studied by the ruling Liberal Democratic Party calls for increasing the number of pro baseball teams to 16 from 12. “Prosperous baseball teams could strengthen ...