Tag - consumption-tax

 
 

CONSUMPTION TAX

Japan Times
BUSINESS
May 27, 2019
Warning that tax hike would doom Abenomics, former aide vows to convince PM to delay yet again
Prime Minister Shinzo Abe should postpone the consumption tax increase scheduled for October or face the failure of Abenomics, his six-year economic revival program, according to one of the architects of that program.
BUSINESS
May 25, 2019
Japan to promote tax hike preparations by small businesses
The industry ministry will hold meetings in major cities in June to encourage small businesses to speed up their preparations for the October consumption tax hike, it has been learned.
JAPAN / Politics
May 25, 2019
Abe says double election not necessarily in the cards even if tax hike is delayed
Prime Minister Shinzo Abe has said he will not necessarily call a Lower House election even if his government decides to delay an unpopular consumption tax hike planned for Oct. 1.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 26, 2019
Abe's poker face: If Japan's leader is wavering on tax hike resolve, how will we know?
Twice before, Prime Minister Shinzo Abe has backed away from the sort of sales tax hike that toppled at least one predecessor. Now, he faces the same dilemma again.
Japan Times
BUSINESS / Economy
Apr 15, 2019
OECD secretary-general urges Japan to pull trigger on tax hike and pursue structural reforms
A top OECD official says the scheduled consumption tax hike to 10 percent this fall is “essential” to ensure Japan's fiscal sustainability.
Japan Times
BUSINESS
Mar 17, 2019
Forget consumption tax hike and give structural reform another try, ex-economy chief Heizo Takenaka says
Prime Minister Shinzo Abe should again abandon his oft-delayed plan to hike the consumption tax this year because it risks pushing Japan's economy into recession and hampering efforts to generate stable inflation, according to former economy minister Heizo Takenaka.
COMMENTARY / Japan
Feb 21, 2019
Abe's consumption tax hike has a target on its back
China's slowdown may provide an excuse to shelve next October's scheduled increase.
Japan Times
JAPAN / Politics / FOCUS
Jan 29, 2019
With raft of challenges but no serious challenger, Abe remains popular by default
About six months after facing calls to resign, the prime minister finds himself in a relatively strong position ahead of a year with key hurdles to overcome.
Japan Times
JAPAN / Crime & Legal
Jan 5, 2019
Gold smuggling to Japan falls, but concerns remain ahead of planned October tax hike
The amount of gold bullion smuggled into Japan and seized by customs authorities in 2018 is estimated to have fallen by half from the previous year, according to sources.
Japan Times
BUSINESS / Economy / 2019 Outlook
Jan 2, 2019
Economic outlook for 2019: More uncertainty for Japan's economy amid planned tax rise and global slowdown
While it is not known which events will hold back global commerce, professional economic soothsayers appear in agreement that growing risks and uncertainty will slow Japan's growth.
COMMENTARY / Japan
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
EDITORIALS
Dec 18, 2018
Patchwork steps in government's 2019 tax reform
Heavy fiscal measures to ease the impact of raising the consumption tax on households could raise doubts over the very purpose of the increase.
Japan Times
BUSINESS / Markets
Dec 17, 2018
Bank of Japan watchers see economic risks pushing back rate hike prospects
The Bank of Japan is more likely to wait until after next year's increase in the consumption tax before taking action to tighten monetary policy, given increasing risks to the economic outlook and recent market turbulence, a growing number of economists say.
Japan Times
COMMENTARY / Japan
Dec 2, 2018
Structural reform must follow tax hike
The real issue for the Japanese economy in 2019 is not the tax hike, but how quickly and how determined Team Abe will reassert its promised focus on structural reform.
EDITORIALS
Dec 1, 2018
Spending to ease tax hike impact
The government should stop and review the effectiveness of the planned measures and their fiscal cost.
WORLD
Nov 26, 2018
Japan may extend tax deduction period for housing loan users
The government and the Liberal Democratic Party-led ruling camp are considering extending the tax incentive program for housing loan borrowers, in a bid to cushion the impact from next October's rise in the consumption tax, according to informed sources.
EDITORIALS
Nov 16, 2018
Dip in GDP — no alarm but caution is warranted
The third-quarter GDP dip may be no cause for alarm but we should still be on guard against a possible downturn of the economy.
Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
JAPAN / EXPLAINER
Nov 5, 2018
To what extent will Japan's 2014 downturn repeat with the new tax hike?
The wallets of Japanese residents may get a little lighter next year, as the prices of most goods and services are set to rise under a new consumption tax system starting in October 2019.
Japan Times
BUSINESS / Economy
Oct 29, 2018
Analysts predict Bank of Japan will maintain policy stance with focus growing on 10-year yield range
At meetings scheduled for this week, the Bank of Japan will maintain its policy settings, according to economists surveyed by Bloomberg, amid a growing view that the BOJ will eventually use greater flexibility in yield movements as a tightening measure.

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