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May 17, 2024
 

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SALES TAX

JAPAN
Sep 14, 2013
Japan Post plans first price hikes in 20 years to offset sales tax increase
Japan Post Co. plans to raise prices for the first time in 20 years if the administration proceeds with the first stage of the consumption tax hike next April, officials said.
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.
BUSINESS / Economy
Sep 13, 2013
Basic economic assessment raised
The economy's performance in September was revised upward Friday for the first time in two months as the government saw companies beefing up investment on expectations for the stimulus-driven recovery to accelerate.
BUSINESS / Economy
Sep 12, 2013
Abe to raise sales tax to 8% as scheduled
Prime Minister Abe has decided to proceed with the first stage of the consumption tax hike next April and throw in more stimulus to offset its impact.
Japan Times
BUSINESS / Economy
Sep 5, 2013
Failure to raise sales tax 'could hurt bond prices'
Bank of Japan Gov. Haruhiko Kuroda has urged the government to stick to its plan to raise the sales tax in April, saying Japanese government bond prices could collapse if it fails to do so, official sources said Wednesday.
JAPAN / Politics
Sep 4, 2013
Abe reportedly to announce tax hike decision Oct. 2
Prime Minister Shinzo Abe won't announce his decision on whether to raise the consumption tax until Oct. 2, a government source says.
BUSINESS
Sep 2, 2013
Abe gets more ammo to proceed with tax hike
Prime Minister Shinzo Abe received a boost Monday for pressing ahead with a planned sales-tax increase when most members of panels advising the government backed the move even as they urged stimulus to cushion the economic blow.
BUSINESS / Economy
Aug 26, 2013
Abe begins collecting feedback on tax hike before decision
A government panel kicked off a seven-day discussion Monday on whether the sales tax should be hiked next April amid concerns it could derail Prime Minister Shinzo Abe's radical efforts to end decades of deflation.
BUSINESS / Economy
Aug 25, 2013
Tax hike debate expected to heat up
Debate on how the planned sales tax hike will affect the economy is expected to heat up when a government panel begins gathering expert opinions Monday.
BUSINESS / Economy
Aug 4, 2013
Tourism agency wants to make food, cosmetics duty-free
The Japan Tourism Agency will propose adding food and cosmetics to the list of duty-free items available to foreign visitors in its fiscal 2014 reform plan.
Japan Times
BUSINESS / YEN FOR LIVING
Apr 9, 2012
Consumption tax increase: Fairness is in the eye of the beholder
How will the proposed sales tax increase really affect the average household?
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.
Kishida defends planned rule to revoke foreigners' residency
Prime Minister Fumio Kishida speaks during a meeting of the Lower House Judicial Affairs Committee on Wednesday.
Human bone-like objects found at Nippon Steel plant’s molten iron pot, with one worker missing
Police believe it’s highly possible that human bones found in a molten iron pot at Nippon Steel's Oita factory belong to a missing male employee.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Japan to review romanization system for first time in 70 years
An advisory panel to the education ministry will consider how the Japanese language should be transcribed into the Latin alphabet, including unifying different romanization styles currently in use.
Japanese rap creates its mecca in Pop Yours
Tokyo-based artist Jumadiba says he forgoes the label of simply “rap” for his music because the Japanese rap scene isn’t confined to a particular sound.
Who’s toughest on China? Biden’s tariff tactic ups ante as election looms.
U.S. President Joe Biden speaks about new actions to protect American workers and businesses from China's "unfair" trade practices, in the Rose Garden of the White House in Washington on Tuesday.
Was Onosato's defeat of Terunofuji an era-defining bout?
Onosato (right) defeats Terunofuji at the Ryogoku Kokugikan in Tokyo on May 12. While nothing in sumo is guaranteed, it seems almost inevitable that Onosato is destined for the top of the sport's pyramid.
Ishin struggles to set itself apart from other parties
Nippon Ishin no Kai Secretary-General Fumitake Fujita (right) speaks beside Yui Kanazawa, the party's candidate in the Tokyo 15th district by-election on April 28. Nippon Ishin lost in this by-election as well as another in Nagasaki held on the same day.
In Japan, 68,000 people over 65 projected to die alone at home this year
As Japan grapples with its population's rapid aging, supporting people who live and age alone is looming larger on the policy agenda.

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