Tag - consumption-tax



Mar 15, 2012
Consumption tax hike 'not linked to growth'
The consumption tax could be raised even if the economy is contracting, the head of the Democratic Party of Japan's tax panel suggested Wednesday.
Dec 7, 2011
Specifics on consumption tax increase due before end of month: Azumi
The government will aim to specify when and by how much the 5 percent consumption levy will be hiked in the social security and tax reform plan it hopes to present by year's end, Finance Minister Jun Azumi said Tuesday.
Jun 1, 2011
Phased-in consumption tax hike to 10% eyed by 2015
The administration intends to outline a doubling of the consumption tax to 10 percent in stages by fiscal 2015 in its envisaged social security and tax reforms, official sources said Tuesday.
Jun 23, 2010
Consumption tax hot topic in first debate
Leaders of the ruling and opposition camps engaged in their first televised debate Tuesday ahead of the July 11 Upper House election, offering different takes on the crucial but politically unpopular topic of raising the consumption tax.
Japan Times
May 28, 2010
New Keidanren chief Yonekura calls for hike in consumption tax
Hiromasa Yonekura, the newly appointed chairman of the Japan Business Federation (Nippon Keidanren), urged the government Thursday to raise the 5 percent consumption tax to improve the nation's fiscal health.
Apr 14, 2010
Steady hikes sought for consumption tax
The Japan Business Federation (Nippon Keidanren) recommended Tuesday that the government gradually raise the consumption tax from the current 5 percent to at least 10 percent starting in fiscal 2011 to meet rising medical care and pension costs.
Feb 17, 2010
Ministers willing to mull consumption tax hike
Cabinet members said Tuesday they are ready to start a debate on raising the consumption tax as long as the administration does not deviate from its pledge to avoid any increases before the next Lower House election.
Feb 16, 2010
Hatoyama says no hike in consumption tax now
Prime Minister Yukio Hatoyama pledged again Monday that he will not raise the 5 percent consumption tax during his four-year term through summer 2013, even though Finance Minister Naoto Kan is saying he wants to launch debate on a possible increase.
Jan 11, 2010
Kan to test waters for consumption tax hike after fiscal review
Deputy Prime Minister Naoto Kan, appointed last week to also serve as finance minister, indicated Sunday that he may put a consumption tax hike on the table in fiscal 2011.
May 15, 2009
As economy goes up, so should consumption tax: LDP
A senior official of the ruling Liberal Democratic Party told business leaders Thursday that the consumption tax rate should be raised from the current 5 percent when the economy recovers.


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