Sep 29, 2013

'Convincing' search needed: Ishiba

Liberal Democratic Party Secretary-General Shigeru Ishiba said Sunday that a “convincing” effort must be made to find funds for disaster-hit Tohoku if it agrees to end the special corporate tax for reconstruction a year early. “The LDP is worried about whether it will be ...

Sep 19, 2013

Government may end post-3/11 corporate tax surcharge

The government might end a special corporate tax surcharge levied to finance reconstruction work in areas hit by the March 2011 earthquake and tsunami a year earlier than planned, sources familiar with the matter said Thursday. The de facto cut of about 2 points ...

Sep 19, 2013

Cash handouts of ¥10,000 eyed for poor after tax hike

To cushion the impact of the first stage of the consumption tax hike, the government plans to distribute cash payments of ¥10,000 to ¥15,000 to people with low incomes, sources said Wednesday. Households exempt from the local inhabitant tax will receive ¥10,000 per person, ...

Sep 17, 2013

Abe keeps LDP leadership lineup; minor Cabinet change seen

Prime Minister Shinzo Abe maintained the lineup of his Liberal Democratic Party executives Tuesday, though he is expected to reshuffle lower-ranking members of the Cabinet later this month, party lawmakers said. The party’s general council backed Abe’s decision to keep Shigeru Ishiba as secretary-general ...