Tag - consumption-tax-3



Japan Times
Apr 26, 2019
Abe's poker face: If Japan's leader is wavering on tax hike resolve, how will we know?
Twice before, Prime Minister Shinzo Abe has backed away from the sort of sales tax hike that toppled at least one predecessor. Now, he faces the same dilemma again.
Japan Times
BUSINESS / Economy
Apr 19, 2019
Ministers play down Abe aide's comment suggesting Japan consumption tax hike could be delayed
Cabinet ministers on Friday played down remarks made the previous day by a close aide to Prime Minister Shinzo Abe hinting at a delay of the consumption tax hike long planned for October.
Japan Times
BUSINESS / Economy
Apr 18, 2019
Japan's consumption tax hike could be delayed again if June data looks 'risky,' Abe aide says
A close aide to Prime Minister Shinzo Abe on Thursday hinted at the possibility that the planned consumption tax hike to 10 percent from 8 percent in October could be delayed, depending on a key economic indicator to be released for June.
Japan Times
BUSINESS / Economy
Apr 15, 2019
OECD secretary-general urges Japan to pull trigger on tax hike and pursue structural reforms
A top OECD official says the scheduled consumption tax hike to 10 percent this fall is “essential” to ensure Japan's fiscal sustainability.
Japan Times
JAPAN / Politics
Mar 21, 2019
Japan's weakening economy may force Abe to take corrective action ahead of local and Upper House elections
A recent spate of warning signs that the economy is headed for a downturn means the government of Prime Minister Shinzo Abe may need to take corrective action sooner rather than later.
Japan Times
Mar 17, 2019
Forget consumption tax hike and give structural reform another try, ex-economy chief Heizo Takenaka says
Prime Minister Shinzo Abe should again abandon his oft-delayed plan to hike the consumption tax this year because it risks pushing Japan's economy into recession and hampering efforts to generate stable inflation, according to former economy minister Heizo Takenaka.
Feb 21, 2019
Abe's consumption tax hike has a target on its back
China's slowdown may provide an excuse to shelve next October's scheduled increase.
Japan Times
JAPAN / Politics / FOCUS
Jan 29, 2019
With raft of challenges but no serious challenger, Abe remains popular by default
About six months after facing calls to resign, the prime minister finds himself in a relatively strong position ahead of a year with key hurdles to overcome.
Japan Times
BUSINESS / Economy
Jan 28, 2019
Taro Aso pledges to keep Japan's economy strong as October's consumption tax hike looms
The trick will be to keep household spending steady.
Japan Times
JAPAN / Crime & Legal
Jan 5, 2019
Gold smuggling to Japan falls, but concerns remain ahead of planned October tax hike
The amount of gold bullion smuggled into Japan and seized by customs authorities in 2018 is estimated to have fallen by half from the previous year, according to sources.
Japan Times
BUSINESS / Economy
Jan 3, 2019
Anticipating dip in demand after October sales tax hike, fewer Japanese firms expect economic growth in 2019
In last year's survey, 82 percent said the nation's economy would grow moderately or strongly in 2018.
Japan Times
BUSINESS / Economy / 2019 Outlook
Jan 2, 2019
Economic outlook for 2019: More uncertainty for Japan's economy amid planned tax rise and global slowdown
While it is not known which events will hold back global commerce, professional economic soothsayers appear in agreement that growing risks and uncertainty will slow Japan's growth.
Japan Times
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
Japan Times
Dec 28, 2018
Government approves free preschool education program starting Oct. 2019
The program includes free public preschool education for all children aged between 3 and 5.
Japan Times
Dec 21, 2018
As social security, defense expenses continue to rise, Cabinet OKs record ¥101 trillion draft budget
The Cabinet of Prime Minister Shinzo Abe on Friday approved a record-high ¥101.46 trillion draft budget for fiscal 2019, topping ¥100 trillion for the first time amid swelling social security and defense expenses, meaning Japan remains far from consolidating its battered fiscal health despite increasing tax revenue.
Dec 18, 2018
Patchwork steps in government's 2019 tax reform
Heavy fiscal measures to ease the impact of raising the consumption tax on households could raise doubts over the very purpose of the increase.
Japan Times
BUSINESS / Markets
Dec 17, 2018
Bank of Japan watchers see economic risks pushing back rate hike prospects
The Bank of Japan is more likely to wait until after next year's increase in the consumption tax before taking action to tighten monetary policy, given increasing risks to the economic outlook and recent market turbulence, a growing number of economists say.
Japan Times
Dec 14, 2018
Ruling bloc approves tax reforms, with breaks for Japan's home and car buyers
The move is an attempt to underpin demand after a consumption tax hike slated for October next year takes effect.
Japan Times
Dec 2, 2018
Structural reform must follow tax hike
The real issue for the Japanese economy in 2019 is not the tax hike, but how quickly and how determined Team Abe will reassert its promised focus on structural reform.
Dec 1, 2018
Spending to ease tax hike impact
The government should stop and review the effectiveness of the planned measures and their fiscal cost.


Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores