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April 29, 2024
 

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CORPORATE TAX

BUSINESS
May 27, 2014
LDP panel puts aside public finance woes, set to OK Abe corporate tax cut
The ruling Liberal Democratic Party's tax panel is likely to agree to Prime Minister Shinzo Abe's plan to cut the corporate tax rate, as long as he pledges to continue efforts to restore the country's fiscal health, LDP lawmakers said on Tuesday.
BUSINESS / Economy
May 16, 2014
Task force seeks corporate tax cut, broader base
A government task force said Friday that the corporate tax rate should be cut but that the number of paying companies should be expanded, emphasizing that the current system is limited only to some profitable firms.
BUSINESS
May 1, 2014
Corporate tax rate to be reduced by April '15, Nishimura says
Tokyo will start making significant cuts to the corporate tax rate by April 2015 in line with its aim of making the economy more competitive and of spurring a recovery driven by spending and massive monetary stimulus, deputy economy minister Yasutoshi Nishimura said.
BUSINESS / Economy
Apr 24, 2014
Biz tax cut would lift GDP: METI
Japan's gross domestic product would likely grow by at least ¥7 trillion if the effective corporate tax rate were to fall by about 10 points from the current level of around 35 percent, the industry ministry said in a recent survey.
EDITORIALS
Apr 17, 2014
Tread carefully on corporate tax cut
As the Abe administration considers cuts to corporate taxes as part of its growth strategy, it must ensure that it doesn't end up plugging the revenue hole by adding tax burdens to the household sector, already bearing the brunt of the April 1 consumption tax hike and rising prices.
Japan Times
BUSINESS / Economy
Mar 25, 2014
Cut corporate taxes to keep companies in Japan: Ota
Japan's corporate taxes should be reduced to attract foreign businesses and persuade domestic companies not to shift operations overseas, a former economic minister who heads a government corporate tax committee said.
BUSINESS / Economy
Mar 12, 2014
Government panel urges cut in corporate tax
A government tax panel called Wednesday for a corporate tax cut in an attempt to boost foreign investment despite budgetary constraints, according to a statement presented by its chief, Hiroko Ota.
EDITORIALS
Jan 31, 2014
Help households, not corporations
Lowering corporate taxes, as the Abe administration wants to do, will invite criticism that Japan's businesses are being cosseted at the expense of tax relief for households.
BUSINESS / Economy
Dec 2, 2013
Tohoku reconstruction tax surcharge on firms to end year early but added levy on incomes to stay
The ruling bloc agrees to end the special corporate tax surcharge levied to finance the reconstruction of the disaster-hit Tohoku region one year early but will keep the levy added to personal income taxes for 25 years.
BUSINESS / Economy
Sep 30, 2013
Tax hike counter-stimulus approaches ¥6 trillion
A stimulus package designed to buffer the economy from next year's consumption tax hike will be worth u00a56 trillion, officials say.
BUSINESS
Sep 27, 2013
LDP readies measures to cushion tax hike
The ruling coalition on Friday agreed on certain parts of a ¥5 trillion stimulus package being readied to ease the impact of the planned sales tax hike, including handouts of up to ¥15,000 for lower income households.
BUSINESS / Economy
Sep 26, 2013
Abe team puts corporate tax on table
A pledge to start considering a cut in the effective corporate tax rate "as soon as possible" will likely be included in the upcoming economic stimulus package, administration officials said Thursday.
JAPAN
Sep 21, 2013
Corporate tax cut agreement eludes
Prime Minister Shinzo Abe's top economic chiefs have failed to agree on a contentious corporate tax cut amid lingering skepticism that the move will bolster the deflation-mired economy and amid pressure on business leaders to raise wages.
BUSINESS / Economy
Sep 19, 2013
Government may end post-3/11 corporate tax surcharge
The government might end a special corporate tax surcharge levied to finance reconstruction work in areas hit by the March 2011 earthquake and tsunami a year earlier than planned, sources familiar with the matter said Thursday.
BUSINESS / Economy
Sep 17, 2013
Cabinet at odds over corporate tax
Cabinet members in charge of economic and fiscal policies remained at odds Tuesday over whether to cut the corporate tax rate to soften the negative impact of the consumption tax hike planned for next April.
BUSINESS / Economy
Sep 13, 2013
Big business may get tax cut with stimulus
The administration is considering a reduction in corporate income taxes as part of a stimulus package to cushion the economy from the first of two planned increases in the consumption tax, according to three sources briefed on the matter.
EDITORIALS
Aug 22, 2013
Plugging international tax loopholes
An international effort has started to prevent multinational corporations from avoiding their fair share of taxes in the respective countries where they do business.
BUSINESS / Economy
Aug 15, 2013
Aso sees little benefit in cutting corporate tax
Finance Minister Taro Aso expressed reluctance Thursday to cut the effective corporate tax rate, brushing aside speculation that the administration may take the measure to cushion the negative impact of the planned hike in the consumption tax.
BUSINESS / Economy
Jul 18, 2013
Tax panelist pushes for 5-point cut in corporate levy
The corporate tax rate should be reduced by at least 5 percentage points to compete with other Asian economies in attracting companies, a member of the government's Tax Commission said.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Raising kids in Japan as a single parent? It takes a village.
Making things work as a foreign, single mother in Japan isn't easy, but these tips and tricks can help you through the hardest parts.
JAL cancels international flight after captain gets drunk at Dallas hotel
A Japan Airlines' flight from Dallas to Tokyo was canceled last week after its captain got drunk at a local hotel.
In Japan, regional revitalization fails to halt population decline
Sakiyama elementary school in Tamba, Hyogo Prefecture, in March .Over the past decade, the government has directed efforts toward policies designed to give young people incentives to base themselves in rural areas.
Putin’s war will soon reach Russians’ tax bills
Russian President Vladimir Putin speaks during a meeting in St. Petersburg on Friday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.

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