Tag - _consumption-tax

 
 

_CONSUMPTION TAX

BUSINESS
Dec 2, 2014
Tax revenue may reach highest level in 17 years
Central government tax revenue may reach its highest level in 17 years in fiscal 2014 on the back of the April 1 consumption tax hike and growth in corporate and individual income tax receipts, Finance Ministry officials said.
Japan Times
JAPAN / Politics
Nov 27, 2014
Japan Communist Party chief outlines election planks, calls 'Abenomics' a failure
Japanese Communist Party Chairman Kazuo Shii pledged Thursday to scrap the second stage of the consumption tax hike as he outlined the party's platform ahead of the campaign for the Dec. 14 Lower House election.
Japan Times
JAPAN
Nov 27, 2014
Delay of tax hike will hit elderly hardest: experts
Prime Minister Shinzo Abe's decision to postpone the second stage of the sales tax hike is likely to wreak havoc on health care provisions for the elderly.
JAPAN / Politics
Nov 26, 2014
JCP releases campaign platform, vows to cancel consumption tax hike to 10%
The Japanese Communist Party has announced a set of campaign pledges for the Dec. 14 lower house election, promising to "cancel" the planned consumption tax hike and seek other ways to secure funds for social security.
BUSINESS / Economy
Nov 25, 2014
Abe consumption tax backfiring with more debt, not less
What started as a plan to reduce the national debt is turning into a reason to issue more bonds.
Japan Times
BUSINESS / Economy
Nov 21, 2014
How economist Krugman's meeting with Abe may have swung decision to postpone tax hike
When economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan's sales-tax debate.
Japan Times
BUSINESS
Nov 20, 2014
Delay in second tax hike may hamper BOJ's inflation quest
Skepticism is growing that the inflation-hungry Bank of Japan can do any more to stimulate the economy now that Prime Minister Shinzo Abe has delayed the next consumption tax hike.
JAPAN / Politics
Nov 20, 2014
Ruling bloc proposes tax break for daily necessities in 2017
The ruling camp formally agrees that it will 'aim to' lower the tax rate on daily necessities when doubling the consumption tax is completed in April 2017.
Japan Times
BUSINESS / Economy
Nov 19, 2014
BOJ leaves assessment, monetary policy unchanged despite recession
The Bank of Japan on Wednesday left its assessment of the economy largely unchanged despite the second-quarter gross domestic product data released Monday indicating Japan has slipped into a recession.
BUSINESS
Nov 19, 2014
Businesses have mixed reaction to putting off sales tax hike
The business community voiced mixed reactions Tuesday to Prime Minister Shinzo Abe's decision to delay the next consumption tax hike and call a snap election for the Lower House.
Japan Times
JAPAN / Politics / ANALYSIS
Nov 18, 2014
Abe is banking on getting a new voter mandate
It's finally official. Prime Minister Shinzo Abe said Tuesday he will dissolve the Lower House and call a snap election next month, after his administration decided to delay the next hike in the consumption tax until April 2017.
Japan Times
BUSINESS / Economy
Nov 18, 2014
At odds with Krugman, economist Posen urges Abe to raise consumption tax
Adam Posen is sticking to his guns in recommending that Prime Minister Shinzo Abe raise the consumption tax.
JAPAN / Politics
Nov 18, 2014
Abe confirms postponing sales tax hike, calling Dec. 14 election
Prime Minister Shinzo Abe told his ruling coalition partner Monday that he will call a general election on Dec. 14 after announcing on Tuesday the postponement of the planned consumption tax hike, a coalition source said.
BUSINESS / Economy
Nov 17, 2014
Business leaders are prepared to tax hike delay by Abe
The head of the nation's largest business lobby said Monday it would accept a decision by Prime Minster Shinzo Abe to delay a second consumption tax hike.
Japan Times
BUSINESS / Economy
Nov 17, 2014
Japan's economy takes a dive as Abe weighs delay of second tax hike
The economy unexpectedly sank into a recession in the last quarter, unable to shake off the impact of April's consumption tax hike and raising the odds that Prime Minister Shinzo Abe will postpone a second increase next year.
Japan Times
JAPAN / Politics / ANALYSIS
Nov 17, 2014
Faltering GDP adds pressure to Abe to call off sales tax hike
The announcement that the economy contracted for a second consecutive quarter raises the political pressure on Prime Minister Shinzo Abe to delay the consumption tax hike planned for next October.
Japan Times
JAPAN / Politics
Nov 15, 2014
Abe may dissolve Lower House on Tuesday, call snap December election
Prime Minister Shinzo Abe is set to announce Tuesday the dissolution of the Lower House and call a snap election in December, senior ruling party lawmakers say.
BUSINESS / Economy / ANALYSIS
Nov 14, 2014
Abe likely to delay tax hike; economists warn of future ramifications
Delaying a key measure to address Japan's enormous public debt would only lead to a larger fiscal problem down the road, economists warn.
BUSINESS
Nov 14, 2014
DPJ will oppose tax hike to 10%, saying Abe failed to meet conditions
Reversing its earlier stance, the Democratic Party of Japan, the largest opposition force, said Friday it will oppose the planned sales tax hike to 10 percent from 8 percent next October.
Japan Times
BUSINESS
Nov 13, 2014
Firms overwhelmingly want Abe to delay sales tax hike, poll shows
Companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap the consumption tax increase planned for next October, a Reuters poll shows, highlighting concerns the hike could derail a fragile recovery.

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