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July 05, 2025
 

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CONSUMPTION TAX

Liberal Democratic Party policy chief Itsunori Onodera addresses a party meeting to discuss measures to cope with U.S. tariffs, held at the party's headquarters in Tokyo on Thursday.
JAPAN / Politics
Apr 13, 2025
LDP and CDP officials voice caution over tax cut
The CDP's Kazuhiko Shigetoku said that his party has only begun discussions on the consumption tax.
The Liberal Democratic Party and Komeito are increasingly divided over economic measures to deal with inflation and U.S. tariffs.
JAPAN / Politics
Apr 12, 2025
Ruling coalition divided over consumption tax cut
While some are leaning toward a tax cut, LDP Secretary-General Hiroshi Moriyama and others are seeking a cash handout instead.
Constitutional Democratic Party of Japan leader Yoshihiko Noda speaks during a news conference Friday afternoon at the Diet building in Tokyo.
JAPAN / Politics
Apr 12, 2025
CDP kicks off discussions on cutting consumption tax
While party leader Yoshihiko Noda has been cautious, calls for a cut are growing within the party, especially in light of U.S. President Donald Trump's onerous tariff policies.
Prime Minister Shigeru Ishiba gives instructions to Economic Revitalization Minister Ryosei Akazawa (third from left) and others at the Prime Minister's Office on Friday.
BUSINESS / Economy
Apr 11, 2025
Japan braces for talks on yen and BOJ in trade negotiations with U.S.
Ryosei Akazawa, who is heading the task force, is reportedly set to meet U.S. Treasury Secretary Scott Bessent next week.
Leaders of ruling and opposition political parties meet Friday at the Diet building in Tokyo.
JAPAN / Politics
Apr 6, 2025
Calls for consumption tax cut increasing in Japan
With food and other prices still rising, even ruling party officials have started to demand consumption tax cuts as a key policy for this summer's elections.
The Tokyo Regional Taxation Bureau found the tax nonpayment after asking information, such as a list of companies, from the tax authorities of Singapore based on the Japan-Singapore tax treaty and analyzing the collected data.
JAPAN
Feb 18, 2025
Tokyo tax bureau seizes ¥1.8 billion from Hong Kong game firm over unpaid tax
The company, which operated its Mafia City online game via a platform based in Singapore, failed to pay consumption tax associated with revenue from in-game spending.
The Ginza shopping district in Tokyo in August
JAPAN
Nov 28, 2024
Japan to overhaul tax exemption system for foreign visitors
The new system is expected to allow foreign visitors to receive tax refunds for products purchased at prices with the tax included when they leave the country.
Prime Minister Fumio Kishida at the Liberal Democratic Party headquarters on Tuesday in Tokyo
BUSINESS / Economy / FOCUS
Oct 12, 2023
Why are ruling party lawmakers calling for tax cuts?
As the prime minister prepares for a new economic stimulus package, it's members of his own party who are raising a fuss.
JAPAN
Jan 6, 2023
Japan set to outline new measures to promote child rearing in March
Kishida aims to double the government's budget earmarked for addressing child rearing issues in the country as declining birthrates continue to beleaguer Japanese society.
JAPAN / Politics / FOCUS
Jul 3, 2022
Japan's opposition parties target consumption tax as debate heats up
As prices soar ahead of the July 10 Upper House election, all major opposition parties are calling for cutting or abolishing the tax, while the ruling bloc is vowing to maintain it.
Japan Times
JAPAN / History / JAPAN TIMES GONE BY
Apr 3, 2022
Japan Times 1972: Paper tells story behind secrets leak
A British royal visits Japan in a flurry of celebration in 1922, while 50 years ago the Japanese press followed a story involving the Mainichi newspaper and press freedom.
Japan Times
BUSINESS / Economy
Oct 8, 2021
New Japanese finance chief faces dilemma: Spend more or repair fiscal health
Finance Minister Shunichi Suzuki will be forced to balance Kishida's spending plans with the nation's poor fiscal health.
JAPAN
Sep 5, 2020
Suga signals his focus as PM would be on protecting jobs, but rules out sales tax cut
Chief Cabinet Secretary Yoshihide Suga said on Saturday the next prime minister must continue to protect companies and jobs, mainly through payouts and loans, to cushion the economic blow from the coronavirus pandemic.
Japan Times
BUSINESS
Aug 7, 2020
Japanese lawmaker wants sales tax ditched as coronavirus weighs heavily on economy
Hiroshi Ando said the raising of the sales tax rate to 10 percent last October was a mistake because the economy was already in a downturn.
BUSINESS
Mar 21, 2020
Tax agency bureaus in Japan on high alert for rise in consumption tax fraud
Tax authorities are preparing to act against a possible increase in abuses of a rule that exempts export transactions from sales levies following October's consumption tax hike from 8 percent to 10 percent.
Japan Times
BUSINESS / Economy / ANALYSIS
Mar 18, 2020
To aid virus-hit Japan economy, look after firms and jobs first, say experts
With the novel coronavirus shaking up the global economy, the Japanese government is scrambling for countermeasures to cushion the economic fallout.
Japan Times
BUSINESS
Mar 17, 2020
Business mood in Japan plunges to decade lows on coronavirus woes
Business confidence plunged to decade lows in March as the spreading coronavirus outbreak stoked fears of a global recession and sent stock markets tumbling, according to the Reuters Tankan survey.
Japan Times
BUSINESS / Economy
Mar 17, 2020
Tax cut emerging as option in Japan to combat coronavirus impact
The government will consider various measures, including tax cuts, to deal with deepening financial damage from the coronavirus outbreak, economy minister Yasutoshi Nishimura said Tuesday amid growing debate on the possibility of cutting the consumption tax.
BUSINESS / Economy
Mar 15, 2020
Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis
The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said.
Japan Times
BUSINESS / Economy
Feb 25, 2020
History repeats as consumption tax hike pushes Japan toward recession
Housewife Matsuko Mitsui had been meaning to buy a new air conditioner for years, but it took the looming consumption tax hike in October to spur the 64-year-old to finally make the purchase.
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.

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