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April 26, 2025
 

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CONSUMPTION TAX

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.
Japan Times
COMMENTARY / Japan
Feb 18, 2020
Take COVID-19, add a trade war and raise taxes: A recipe for disaster
Japan is facing a trifecta of challenges with severe economic consequences.
Japan Times
BUSINESS / Economy / FOCUS
Feb 18, 2020
Fear grows that coronavirus will push Japan into recession
With Japan taking a hit from the unabated outbreak of the coronavirus soon after a plunge in its economic performance in the last quarter of 2019, some fear the country may be on the brink of recession.
Japan Times
BUSINESS / Economy
Feb 17, 2020
Japan recession fears grow as GDP shrinks at 6.3% rate with COVID-19 hit to come
The contraction in the annualized gross domestic product for October-December was the worst in five quarters.
Japan Times
BUSINESS / Economy
Feb 14, 2020
Even before COVID-19, Japan economy likely took biggest hit since 2014
Economists estimate the economy shrank at an annualized rate of 3.8 percent in the third quarter and that the virus will likely push Japan into recession.
Japan Times
BUSINESS / Economy
Feb 6, 2020
BOJ policymaker Takako Masai cautiously optimistic on global outlook despite coronavirus
Bank of Japan board member Takako Masai has said the global economy is on track for a rebound around mid-year as manufacturing activity picks up, signaling that risks such as the coronavirus outbreak do not warrant an immediate expansion of stimulus.
Japan Times
BUSINESS / Economy
Feb 4, 2020
Japan to see first drop in GDP in five quarters, estimates show
Japan's real gross domestic product is believed to have dropped for the first time in five quarters in the October-December period, partly due to the consumption tax hike taking a bite out of domestic demand, according to estimates by 10 think tanks.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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