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May 20, 2024
 

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CONSUMPTION TAX

Japan Times
JAPAN
May 10, 2019
Japan enacts legislation making preschool education free in effort to boost low fertility rate
The u00a5776 billion program makes preschool free for all kids between 3 and 5, and day care free for those 2 and below in low-income households.
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 19, 2019
Ministers play down Abe aide's comment suggesting Japan consumption tax hike could be delayed
Cabinet ministers on Friday played down remarks made the previous day by a close aide to Prime Minister Shinzo Abe hinting at a delay of the consumption tax hike long planned for October.
Japan Times
BUSINESS / Economy
Apr 18, 2019
Japan's consumption tax hike could be delayed again if June data looks 'risky,' Abe aide says
A close aide to Prime Minister Shinzo Abe on Thursday hinted at the possibility that the planned consumption tax hike to 10 percent from 8 percent in October could be delayed, depending on a key economic indicator to be released for June.
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
JAPAN / Politics
Mar 21, 2019
Japan's weakening economy may force Abe to take corrective action ahead of local and Upper House elections
A recent spate of warning signs that the economy is headed for a downturn means the government of Prime Minister Shinzo Abe may need to take corrective action sooner rather than later.
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
BUSINESS / Economy
Jan 28, 2019
Taro Aso pledges to keep Japan's economy strong as October's consumption tax hike looms
The trick will be to keep household spending steady.
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
Jan 3, 2019
Anticipating dip in demand after October sales tax hike, fewer Japanese firms expect economic growth in 2019
In last year's survey, 82 percent said the nation's economy would grow moderately or strongly in 2018.
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.
Japan Times
COMMENTARY / Japan
Dec 31, 2018
Japan in 2019: 10 surprises
The outlook for Japan in 2019 is bright.
Japan Times
JAPAN
Dec 28, 2018
Government approves free preschool education program starting Oct. 2019
The program includes free public preschool education for all children aged between 3 and 5.
Japan Times
BUSINESS
Dec 21, 2018
As social security, defense expenses continue to rise, Cabinet OKs record ¥101 trillion draft budget
The Cabinet of Prime Minister Shinzo Abe on Friday approved a record-high ¥101.46 trillion draft budget for fiscal 2019, topping ¥100 trillion for the first time amid swelling social security and defense expenses, meaning Japan remains far from consolidating its battered fiscal health despite increasing...
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
BUSINESS
Dec 14, 2018
Ruling bloc approves tax reforms, with breaks for Japan's home and car buyers
The move is an attempt to underpin demand after a consumption tax hike slated for October next year takes effect.
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.
America wasn’t made for walking, and it’s killing them
A 2010 study found that U.S. adults averaged 5,117 steps daily and that this was lower than the averages found in similar studies in Switzerland, western Australia and Japan.
Rare sequel to 'My Neighbor Totoro' to play at Cannes
A screening of "Mei and the Baby Cat Bus," which is being billed as a "mini-sequel" to the Studio Ghibli classic "My Neighbor Totoro," is set to take place at the Cannes Film Festival on Monday.
Japanese stripper bids to have her porn movies taken off internet
Plaintiff Miyuki Ariga (left) speaks at a news conference along with her lawyer, Yoshitomo Morohashi, after filing a lawsuit at the Tokyo District Court on Monday.
Saudi crown prince seeks soft power in game hub Japan
Saudi Crown Prince Mohammed bin Salman welcomes Prime Minister Fumio Kishida in Jeddah, Saudi Arabia, last July.
Japan survey finds 30% of student interns experience sexual harassment
The proportion of recent graduates in Japan who have worked as interns have experienced sexual harassment during their internship was 30.1%, according to a labor ministry survey, up 4.6 percentage points from the previous survey in fiscal 2020.
Fuchu Prison adapting to foreign prisoners
From the outside, the light-brown complex that is Fuchu Prison in western Tokyo could easily be mistaken for a city hall.
Seoul's eclectic Art OnO shines light on Japan's artists and galleries
Art OnO, which took place from April 19 to 21 in Seoul, featured a modest number of 36 participating galleries from 15 countries.
Want to be a voice actor? Stay 'true to the character'
SungWon Cho is a veteran with more than 10 years of experience portraying characters in anime, cartoons and video games.
Local theater in Japan is more than a hobby — it’s a community
Japan Times contributor Laura Pollacco (front right) was offered the role of one of her all-time favorite heroines, Elizabeth “Lizzie” Bennet, in the Tokyo International Players’ production of “Pride and Prejudice.”

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