Jun 18, 2014

Japan unlikely to adopt collective self-defense for now

The secretaries-general of the Liberal Democratic Party and New Komeito agreed Wednesday that Cabinet approval for exercising the right to collective self-defense is unlikely to come before the Sunday end of the Diet session. Yoshihisa Inoue of New Komeito, the LDP’s junior partner in ...

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 ...