Tag - consumption-tax

 
 

CONSUMPTION TAX

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.
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.

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