Tag - consumption-tax-3

 
 

CONSUMPTION TAX 3

JAPAN / Politics
May 27, 2016
Sluggish economy prompts Abe to forgo planned sales tax hike next April
Prime Minister Shinzo Abe will forgo the consumption tax hike planned for next April, sources close to Abe said Friday.
Japan Times
COMMENTARY / Japan
May 19, 2016
What Joseph Stiglitz really said about Abenomics
Leading economist Joseph Stiglitz has firm ideas about what steps are needed to cure Japan's ailing economy, and they don't include a higher consumption tax or corporate tax cuts.
Japan Times
BUSINESS / Economy
May 19, 2016
Sucked into deflation again, Japan's $2 cup noodle binge is sign of the times
Japanese consumers cannot get enough of cup ramen, with spending on them surging by more than a quarter over the past year. That sounds like good news, but for a country still struggling to escape deflation it is a worrying signal.
BUSINESS / Economy
May 19, 2016
Abe to decide on second stage of tax hike after election: sources
Prime Minister Shinzo Abe plans to wait until after this summer's Upper House election before deciding whether to go ahead with the second stage of a consumption tax hike as scheduled, sources close to Abe have said.
JAPAN / Politics
May 18, 2016
Abe, coalition partner meet over tax hike, upcoming election
Prime Minister Shinzo Abe and Komeito leader Natsuo Yamaguchi met Wednesday to discuss whether to raise the consumption tax as scheduled and how to approach an Upper House election planned for this summer.
Japan Times
BUSINESS / Economy
May 18, 2016
Japan dodges recession as first-quarter spending lifts GDP 1.7%
The nation's economy escapes recession as gains in government and consumer spending offset a slide in business investment.
EDITORIALS
May 18, 2016
Economic growth remains fragile
The nation's economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in April 2017 as planned. Abe's assessment for his tax decision aside, the GDP figures seem to testify to the mixed state of the economy, with signs for the months ahead looking hardly promising.
Japan Times
BUSINESS
Apr 26, 2016
MMC may have used unapproved method to gauge fuel efficiency on over 2 million cars
Mitsubishi Motors Corp. is likely to have sold over 2 million cars since 2002 using data collected by a method not compliant with Japanese regulations for gauging fuel economy, sources said Monday.
JAPAN / Politics
Apr 20, 2016
Quakes seen to all but rule out possibility of double election for Abe
Aftershocks from the deadly twin earthquakes that rocked the Kyushu region have sent shock waves all the way to Tokyo's Nagata-cho, the political heart of Japan.
BUSINESS / Economy
Apr 18, 2016
Abe flags supplementary budget as business responds to Kyushu quakes
As bureaucrats and business executives attempt to gauge the economic cost of the quakes in Kyushu, Prime Minister Shinzo Abe on Monday raised the possibility of rapidly compiling a supplementary budget to render assistance to the area.
BUSINESS
Apr 14, 2016
IMF urges consumption tax hike to go ahead
The International Monetary Fund urged Japan on Wednesday to go ahead with a planned hike in consumption tax next April in order to secure funds for further economic stimulus.
BUSINESS
Apr 13, 2016
OECD chief calls for consumption tax of 'at least 15%'
The chief of the Organisation for Economic Cooperation and Development suggested Wednesday that Japan raise the consumption tax from the current 8 percent to "at least 15 percent" at some point in the future.
BUSINESS
Apr 12, 2016
IMF foresees Japan being sole advanced economy shrinking in 2017
The International Monetary Fund on Tuesday set out a vision of Japan being the world's only advanced economy that is shrinking in 2017 due to the impact of a planned consumption tax hike.
BUSINESS / Economy
Apr 5, 2016
Government considers welfare, stimulus measures to boost economy
The government is discussing welfare and stimulus measures aimed at promoting economic growth ahead of the Group of Seven summit in May.
Japan Times
BUSINESS / Economy
Apr 1, 2016
Japan business sentiment plunges to lowest in three years, may worsen
Business sentiment at big manufacturers deteriorates to the lowest in nearly three years and is expected to worsen.
Japan Times
BUSINESS
Apr 1, 2016
Abe sought 'off record' advice on German fiscal policy, Krugman reveals in Twitter post
U.S. economist Paul Krugman baffles the government by revealing an off-the-record conversation with Prime Minister Shinzo Abe.
Japan Times
BUSINESS / Economy
Apr 1, 2016
Ministry of Finance the loser in battle for dominance under Abe
The ministry awakens to a new reality after three years of government under Prime Minister Shinzo Abe.
Japan Times
JAPAN / Politics
Mar 29, 2016
Budget clears Upper House as focus shifts to possible tax hike delay, double election
The Upper House easily passes the hefty fiscal 2016 budget as the opposition focuses on whether Prime Minister Abe will again delay the consumption tax hike.
JAPAN / Politics
Mar 27, 2016
Nearly two-thirds of public against 2017 tax hike: survey
Nearly two in three people, or 64.6 percent, are opposed to the government's plan to further raise the consumption tax in April next year, according to a new opinion poll by Kyodo News.
EDITORIALS
Mar 25, 2016
Keep politics out of tax hike decision
The decision on whether to raise the consumption tax next year should not be driven by partisan political interests.

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Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on