Tag - consumption-tax

 
 

CONSUMPTION TAX

JAPAN / Politics
Jun 1, 2016
Abe delays tax hike weeks before election
Prime Minister Shinzo Abe on Wednesday announced he is pushing back a second-stage hike in the consumption tax, from April next year to October of 2019.
Japan Times
JAPAN / Politics / ANALYSIS
Jun 1, 2016
As voters welcome Japan's tax-hike delay, experts warn on costs
Economy mavens are split over the merits of Prime Minister Shinzo Abe's decision to delay the consumption tax hike to 2019.
JAPAN / Politics
May 31, 2016
Aso falls into line on Abe's tax hike delay
Finance Minister Taro Aso says he will support the expected decision to delay the increase in the consumption tax, backpedaling from earlier criticism that doing so would renege on an election pledge.
Japan Times
BUSINESS / Economy
May 30, 2016
LDP grandees fall into line on postponing second-stage tax hike
Despite their earlier opposition, top executives in the Liberal Democratic Party effectively endorse Abe's plan to shelve the planned second-stage hike of the unpopular consumption tax.
BUSINESS / Economy
May 30, 2016
Japan's retail sales stall as Abe mulls delay to tax hike
The nation's retail sales growth stalled, underscoring weakness in private consumption and increasing the likelihood that Prime Minister Shinzo Abe will delay a sales-tax increase planned for next year.
Japan Times
JAPAN / Politics
May 28, 2016
G-7 a precursor for Abe's pivot on consumption tax hike
The prime minister may have tried to use the G-7 summit for his own domestic political goal: creating a pretext to break his consumption tax pledge.
Japan Times
JAPAN / Politics
May 27, 2016
G-7 broadly agrees on ways to spur growth
Leaders agree to better cooperate on fiscal measures, but they remain sharply divided on how much each country should spend.
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.
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...
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.
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.
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.
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.
JAPAN / Politics / FOCUS
Mar 18, 2016
Suspicions Abe will again delay tax hike bolstered by pro-government daily
Speculation that the delayed second stage of the consumption tax hike will be postponed yet again was reinforced Friday after a pro-government daily reported that Prime Minister Shinzo Abe is considering the option.
BUSINESS / Economy
Feb 26, 2016
Japan's government talks of postponing 2017 tax hike
The government is ready to postpone a scheduled hike in the consumption tax if the move looks like it would weaken the economy and reduce total tax revenues, Chief Cabinet Secretary Yoshihide Suga told a regular news conference Friday.
JAPAN / Politics
Jan 20, 2016
Japanese government doubles estimated tax-hike burden, stokes opposition anger
Tokyo suddenly raises its estimated per capita burden from next year's consumption tax hike, drawing protest from opposition lawmakers.
JAPAN / Politics
Jan 13, 2016
Abe eyes using boosted tax revenue to cover food exemption shortfall
Prime Minister Shinzo Abe indicated Wednesday that the higher tax revenues — which he attributed to Abenomics — may be used to cover a shortfall when food is exempted from the coming tax hike.

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