May 18, 2014

LDP to propose uniform tax deduction for couples

The ruling Liberal Democratic Party will propose that a uniform income tax deduction for couples replace the spousal tax deduction system as part of its initiative to encourage more women to work, it was learned Sunday. The spousal income tax deduction system has been ...

Dec 9, 2013

Ruling bloc set to hike taxes on high earners

The Liberal Democratic Party-led government is in final talks to raise tax payments for employees who earn more than ¥12 million a year, by trimming tax credits. In its tax reform outline expected later this week, the government will propose raising the income and ...