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July 05, 2025
 

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CONSUMPTION TAX

Japan Times
BUSINESS
Dec 22, 2014
Sales tax hike stymies domestic car sales: JAMA
Major Japanese carmakers may have benefited from the yen's sharp decline this year, but they were also hurt by the consumption tax hike and prospects for the domestic market appear dim, Fumihiko Ike, chief of the Japan Automobile Manufacturers Association, said Monday.
EDITORIALS
Dec 5, 2014
Keep safety nets in place
Postponement of the consumption tax rate hike must not be used as an excuse to reduce funding of social security programs for low-income people, children from poor families and child-rearing households.
Japan Times
JAPAN / Politics
Nov 27, 2014
Japan Communist Party chief outlines election planks, calls 'Abenomics' a failure
Japanese Communist Party Chairman Kazuo Shii pledged Thursday to scrap the second stage of the consumption tax hike as he outlined the party's platform ahead of the campaign for the Dec. 14 Lower House election.
Japan Times
JAPAN
Nov 27, 2014
Delay of tax hike will hit elderly hardest: experts
Prime Minister Shinzo Abe's decision to postpone the second stage of the sales tax hike is likely to wreak havoc on health care provisions for the elderly.
BUSINESS / Economy
Nov 25, 2014
Abe consumption tax backfiring with more debt, not less
What started as a plan to reduce the national debt is turning into a reason to issue more bonds.
Japan Times
BUSINESS / Economy
Nov 21, 2014
How economist Krugman's meeting with Abe may have swung decision to postpone tax hike
When economist Etsuro Honda heard that Paul Krugman was planning a visit to Tokyo, he saw an opportunity to seize the advantage in Japan's sales-tax debate.
Japan Times
BUSINESS / Economy
Nov 19, 2014
BOJ leaves assessment, monetary policy unchanged despite recession
The Bank of Japan on Wednesday left its assessment of the economy largely unchanged despite the second-quarter gross domestic product data released Monday indicating Japan has slipped into a recession.
Japan Times
JAPAN / Politics / ANALYSIS
Nov 18, 2014
Abe is banking on getting a new voter mandate
It's finally official. Prime Minister Shinzo Abe said Tuesday he will dissolve the Lower House and call a snap election next month, after his administration decided to delay the next hike in the consumption tax until April 2017.
Japan Times
BUSINESS / Economy
Nov 18, 2014
At odds with Krugman, economist Posen urges Abe to raise consumption tax
Adam Posen is sticking to his guns in recommending that Prime Minister Shinzo Abe raise the consumption tax.
Japan Times
BUSINESS / Economy
Nov 17, 2014
Japan's economy takes a dive as Abe weighs delay of second tax hike
The economy unexpectedly sank into a recession in the last quarter, unable to shake off the impact of April's consumption tax hike and raising the odds that Prime Minister Shinzo Abe will postpone a second increase next year.
JAPAN / Politics / ANALYSIS
Nov 17, 2014
Faltering GDP adds pressure to Abe to call off sales tax hike
The announcement that the economy contracted for a second consecutive quarter raises the political pressure on Prime Minister Shinzo Abe to delay the consumption tax hike planned for next October.
BUSINESS / Economy / ANALYSIS
Nov 14, 2014
Abe likely to delay tax hike; economists warn of future ramifications
Delaying a key measure to address Japan's enormous public debt would only lead to a larger fiscal problem down the road, economists warn.
Japan Times
BUSINESS
Nov 13, 2014
Firms overwhelmingly want Abe to delay sales tax hike, poll shows
Companies overwhelmingly want Prime Minister Shinzo Abe to delay or scrap the consumption tax increase planned for next October, a Reuters poll shows, highlighting concerns the hike could derail a fragile recovery.
BUSINESS / Economy
Nov 12, 2014
Kuroda ally warns Abe against delaying consumption tax increase
An adviser to the Bank of Japan and longtime colleague of Gov. Haruhiko Kuroda is warning that a delay by Prime Minister Shinzo Abe to raise the consumption tax would have profound implications for monetary policy.
JAPAN / Politics
Nov 11, 2014
Despite denial, don't be surprised if Abe calls snap election
The possibility that the prime minister will dissolve the Lower House is gaining credence, especially if he decides not to raise the consumption tax again.
EDITORIALS
Nov 5, 2014
To hike the consumption tax, or not
Prime Minister Shinzo Abe must address concerns about the economy's health before he makes a decision on whether to raise the consumption tax.
Japan Times
BUSINESS / Economy
Oct 26, 2014
As Abe's political ratings fade, top official calls for delay in next sales tax hike
A top government official said Prime Minister Shinzo Abe should delay a planned consumption tax increase, the strongest sign yet that economic weakness is causing concern among those close to Abe ahead of his final decision on the levy.
Japan Times
BUSINESS / Economy
Sep 30, 2014
Output unexpectedly falls as retail sales gain
Japan's output unexpectedly fell while stronger retail sales and an improving job market showed resilience, government statistics showed Tuesday as Prime Minister Shinzo Abe weighs another consumption tax increase.
Japan Times
JAPAN / Politics
Sep 19, 2014
All systems go for second stage of tax hike: Tanigaki
Liberal Democratic Party Secretary-General Sadakazu Tanigaki said Friday the second stage of the consumption tax rate hike should proceed as planned next year, but said the ruling party is closely monitoring the economic situation.
Japan Times
JAPAN
Sep 15, 2014
G1 Global Conference 2014 takes up sales tax question
G1 Summit, led by Globis Management School Dean Yoshito Hori, hosted the G1 Global Conference 2014, in which politicians, business executives and scholars held panel discussions in English, in Tokyo on Monday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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