Tag - consumption-tax

 
 

CONSUMPTION TAX

EDITORIALS
Jan 11, 2016
2016's economic outlook
Major economic decisions appear likely in 2016, including whether Abe will delay the consumption tax hike scheduled for April 2017.
BUSINESS / Economy
Dec 30, 2015
Economy tipped for gradual recovery in 2016 following year of sluggish growth
Japan's economy fell short of expectations for a solid recovery in 2015, but it is seen as likely to gain traction in fiscal 2016.
Japan Times
JAPAN / EXPLAINER
Dec 28, 2015
Eat-in areas on the rise in Japan’s convenience stores and supermarkets
In the quest for next-level service, convenience stores and supermarkets are increasingly keen to experiment with "eat-in" lounge areas.
JAPAN / Media / MEDIA MIX
Dec 19, 2015
Japanese newspapers' self-interest ensures they toe Komeito's line on tax exemption
The vernacular press has been uncharacteristically unanimous in its support for the exemption of food from the planned consumption tax hike.
Japan Times
JAPAN / Politics
Dec 17, 2015
Putting politics over economics, Abe may stall sales tax hike, call for double Diet poll next summer
Prime Minister Shinzo Abe may put off a sales tax rise and call a snap Lower House election next summer, in tandem with a poll for the upper chamber, imitating a winning strategy he used a year ago, some advisers and political sources say.
EDITORIALS
Dec 15, 2015
The consumption tax mess
It's questionable whether the government's plan to introduce a lower tax rate on food products is the best way to help lower-income households.
Japan Times
BUSINESS
Dec 14, 2015
Abe's tax compromise raises odds of twin summer polls
Abe may now be able to persuade his ally Komeito to agree to a snap Lower House election on the same day as an upper chamber poll.
BUSINESS / Economy
Dec 12, 2015
Ruling coalition clinches deal on food tax rate
The Liberal Democratic Party and Komeito finalized plans to apply a lower sales tax rate to food purchases, a measure that will cost u00a51 trillion in revenue.
BUSINESS
Dec 9, 2015
Low tax on food will hurt the poor, say economists
Political negotiations between the nation's ruling coalition are approaching a showdown over the unpopular consumption tax, which is set to rise to 10 percent from 8 percent in April 2017. A sweetener being considered has drawn scathing criticism from many economists.
Japan Times
BUSINESS / Economy
Oct 14, 2015
Abe orders reduced rates to cushion blow from 2017 tax hike
The prime minister instructs the new tax panel chief to introduce special reduced tax rates for certain products in time for the planned April 2017 consumption tax hike.
Japan Times
BUSINESS / Economy
Oct 13, 2015
Retailers warn of dismal spending; sales tax hike seen stifling demand
Do not believe in official statistics, Japanese retailers seem to be saying, as they cut earnings forecasts and warn of lackluster consumer spending, a key growth engine for Japan at a time when exports and factory output are stalling.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Sep 26, 2015
Inevitable looming consumption tax hike keeps the LDP awake at night
The LDP is in a tough spot between an public wary of consumption tax hikes and a Finance Ministry unwilling to budge on the promised move to a 10-percent levy.
BUSINESS
Sep 15, 2015
Ruling bloc agrees to keep targeted consumption tax reductions as option
The ruling Liberal Democratic Party and Komeito have agreed to keep a proposed reduced rate for certain items as an option in their discussions on how to cushion the impact of the next consumption tax increase.
BUSINESS
Sep 15, 2015
Komeito wants reduced tax rate proposal kept alive
Japan should not rule out imposing a lower rate of consumption tax on certain goods, the head of Komeito told party lawmakers Tuesday.
BUSINESS
Sep 15, 2015
Proposed food-and-drink partial tax refunds may bring little benefit, economists say
Proposed tax refunds on food and drink following a hike in consumption tax next year will have only limited benefit for the economy, some analysts have warned. By one estimate, the refunds will boost gross domestic product growth by a mere 0.03 percentage point.
BUSINESS / Economy
Sep 9, 2015
Plan to use My Number for tax rebates is flawed, some experts say
The system is set to streamline tax collection and social welfare benefits, but critics warn of privacy issues by using it to also provide sales tax rebates.
Japan Times
BUSINESS / Economy / FOCUS
Aug 31, 2015
Three strikes on inflation spur calls for overhaul of 'Abenomics'
The third time inflation has fallen to zero in this year persuaded some market watchers that "Abenomics" needs to be taken back for an overhaul.
Japan Times
BUSINESS
Jul 3, 2015
Japan still set for 2017 tax hike despite struggling economy
The central government still plans to raise the national sales tax again in 21 months, even as the economy struggles to gain momentum following the recession caused by a hike in the levy last year.
EDITORIALS
May 17, 2015
Fiscal road map needs hard choices
Prime Minister Shinzo Abe must be willing to make hard choices if he wants to reduce the nation's massive debt.
EDITORIALS
Mar 3, 2015
The government's fiscal road map
The Abe administration's forthcoming fiscal rehabilitation plan may give clues as to whether it is serious about getting the government's fiscal house in order.

Longform

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