Tag - consumption-tax

 
 

CONSUMPTION TAX

BUSINESS / Economy
Mar 14, 2017
Nobel economist's ideas seen giving justification to delay Japan's consumption tax hike
Prime Minister Shinzo Abe's administration has a habit of co-opting Nobel Prize-winning economists when it lays the groundwork for contentious policy decisions.
JAPAN
Aug 31, 2016
Japan's sales tax distribution to be revised to help rectify regional income disparities
The government plans to revise its basis for distribution of local consumption tax revenues that is currently concentrated in urban areas, to ease disparity and enable regional governments to increase tax income, government sources said.
BUSINESS / Economy
Aug 2, 2016
Cabinet backs infrastructure investment, better welfare services in ¥28 trillion stimulus package
Prime Minister Shinzo Abe looks to pull Japan out of deflation with a huge spending program.
BUSINESS / Economy
Jul 22, 2016
Japan's fiscal health likely to worsen after tax hike delay
The government is likely to project a deteriorating primary balance deficit in fiscal 2018 after delaying the second stage of a consumption tax hike, government sources said Friday.
Japan Times
COMMENTARY / Japan
Jul 17, 2016
How to stimulate demand
The true value of flexible fiscal policy lies in stimulating domestic demand through meaningful fiscal spending while at the same time ensuring restoration of fiscal health.
BUSINESS / Economy
Jul 14, 2016
Japan slashes growth forecast to 0.9% amid slack consumption and investment
The government has slashed its domestic economic growth projection for this fiscal year because an anticipated purchasing surge did not materialize after the second stage of a consumption tax hike was postponed.
COMMENTARY / Japan
Jun 27, 2016
Abe right to delay tax hike
The prime minister recognizes the need to balance the imperatives of debt reduction and economic growth.
BUSINESS / Economy
Jun 14, 2016
Fitch cuts outlook on government debt in wake of tax hike delay
Fitch Ratings on Monday slashed its outlook on Japanese government bonds to negative from stable, citing a lack of specific steps to achieve the country's fiscal reform goal following another delay in the consumption tax hike.
BUSINESS / Economy
Jun 2, 2016
Moody's sees Japan's consumption tax hike delay as 'credit negative'
Moody's Investors Service Inc. said Thursday that Prime Minister Shinzo Abe's decision to postpone a hike in the consumption tax and compile a fiscal stimulus in the autumn is "credit negative," questioning the government's ability and willingness to achieve fiscal consolidation.
EDITORIALS
Jun 2, 2016
Abe's consumption tax decision
To achieve his widely touted economic goals, Prime Minister Shinzo Abe needs to do much more than just delay the consumption tax hike.
JAPAN
Jun 1, 2016
On streets of Tokyo, opinion divided over tax-hike delay
Passers-by polled by reporters in Tokyo on Wednesday were split over the prospect of another delay to the consumption tax hike.
Japan Times
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 Times
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 / Politics
May 31, 2016
Abe won't call for Lower House poll after delaying sales tax hike again
Prime Minister Shinzo Abe appears likely to forgo a House of Representatives election this summer over the planned postponement of a consumption tax increase from next year.
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 / Politics
May 29, 2016
Opposition demands Abe's head in event of tax-hike deferral
Opposition parties called for Prime Minister Shinzo Abe's head Sunday should he break his promise to follow through on the 2 percentage-point consumption tax hike planned for next April.
Japan Times
JAPAN / Politics
May 29, 2016
Cabinet's support rating jumps to 55.3% but Obama speech wows 98%: survey
The support rating for the Cabinet of Prime Minister Shinzo Abe has climbed 7 points since last month to 55.3 percent, according to a Kyodo News survey released Sunday.
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.

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