Tag - tax

 
 

TAX

Keidanren chief Masakazu Tokura speaks to reporters in the city of Nanao, Ishikawa Prefecture on Nov. 20.
BUSINESS / Economy
Dec 10, 2024
Keidanren urges tax hike for rich with eye on ¥1 quadrillion GDP
Such a move will help the nation achieve a “virtuous cycle of growth and distribution,” Keidanren chief Masakazu Tokura says.
BUSINESS / Economy
Dec 9, 2021
Japan’s ruling coalition to seek fairer capital gains tax
The ruling parties have said there is a need to consider rectifying a situation in which people with higher incomes sometimes pay lower rates of tax.
COMMENTARY / Japan / Geoeconomic Briefing
Jul 4, 2021
Why a carbon tax would help Japan achieve its green ambitions
The government needs to make clear that emissions come with high costs and encourage companies and individuals to come up with new ideas and take action.
Japan Times
JAPAN / Media / MEDIA MIX
Sep 21, 2019
Confusion reigns over scope of the forthcoming tax hike
When the government raised the consumption tax from 5 percent to 8 percent in April 2014, Japan suffered a recession. One possible indicator if such a downturn will happen prior to next month's long-delayed hike to 10 percent is how much people are spending now in anticipation of the increase. On Sept....
BUSINESS / YEN FOR LIVING
Dec 7, 2018
Abuse is the norm for Japan's hometown tax donation system
On Sept. 11, then-Internal Affairs and Communications Minister Seiko Noda gave a news conference at which she stated the government's intention to revise laws for local taxes.
Japan Times
COMMUNITY / Issues / THE FOREIGN ELEMENT
Dec 5, 2018
Falling for furusato: The epicurean incentives behind a tax strategy that masks economic lunacy
A decade ago, the Japanese government launched a program that allows taxpayers to make "donations" to smaller cities and towns across the country, and then have those contributions deducted from national and municipal taxes.
Japan Times
JAPAN / Media / BIG IN JAPAN
Dec 1, 2018
Magazines explore the inevitability of death and taxes
From this week, beneath the glitter of tinsel and glimmer of outdoor seasonal illumination, the bonenkai (year-end party) season begins in earnest.
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.
BUSINESS
Feb 21, 2018
Facebook co-founder wants wealthy taxed to give U.S. citizens 'fair shot' at guaranteed income
A $500 monthly check from the government for every American earning less than $50,000, financed by taxing the wealthy, would provide financial stability for millions of people in the United States, said the co-founder of Facebook.
Japan Times
BUSINESS
Sep 27, 2017
¥1,000 departure tax in pipeline to bolster tourism
The government is considering charging a ¥1,000 departure tax on all people to secure funding for tourism infrastructure and promotion, according to informed sources.
Japan Times
JAPAN / KANSAI PERSPECTIVE
Sep 24, 2017
Kyoto's pricey lodging tax plan spurs fierce debate over necessity, tourism impact
A necessity for improving Kyoto's tourism infrastructure or a bad decision that might convince tourists to go elsewhere?
Japan Times
SOCCER
Jun 17, 2017
Ronaldo looking to leave Real Madrid over tax row
Real Madrid forward Cristiano Ronaldo wants to leave the club and Spain after being accused of committing tax fraud in the country, a report in Portuguese sports daily A Bola said on Friday.
BUSINESS
Apr 13, 2017
New rules to make spinoffs tax free may unlock potential of Japan's firms
Hedge fund manager Jamie Rosenwald is excited about tax reform, but it has nothing to do with Trump trades.
Japan Times
BUSINESS
Nov 25, 2016
Wages rise, hours fall for part-time workers
Over the last 10 years, Japan's 14 million part-time workers cut their working hours by more than 6 percent. They now work about 4.5 hours a day.
Japan Times
BUSINESS / Economy
May 30, 2016
LDP grandees fall into line on postponing second-stage tax hike
Despite their earlier opposition, top executives in the Liberal Democratic Party effectively endorse Abe's plan to shelve the planned second-stage hike of the unpopular consumption tax.
JAPAN / History / THE LIVING PAST
May 14, 2016
Has pacifism always been doomed to fail in Japan?
Japan had a pacifist "constitution" long before 1947, when the current one went into effect. It was issued in the year 604, its author so esteemed, in his own time and since, as to merit the posthumous name Shotoku Taishi (Crown Prince Sage-Virtue). His lifetime (574-622) spanned an early phase of Japan's...
JAPAN
Apr 11, 2016
Government to use donation system to help young people settle in rural Japan
The internal affairs ministry plans to collect donations for people willing to move from cities to rural areas through the existing furusato nozei system, which provides tax breaks for donations to hometowns and other municipalities.
Japan Times
BUSINESS / Economy / YEN FOR LIVING
Sep 26, 2015
Inevitable looming consumption tax hike keeps the LDP awake at night
The LDP is in a tough spot between an public wary of consumption tax hikes and a Finance Ministry unwilling to budge on the promised move to a 10-percent levy.
WORLD
Feb 16, 2015
Britain's HSBC apologizes over past standards at Swiss bank
HSBC apologized to customers and investors on Sunday for past practices at its Swiss private bank after allegations that it helped hundreds of wealthy clients dodge taxes.
JAPAN / EXPLAINER
Oct 20, 2014
Hometown 'tax' donations system catching on
Japanese may not be known as the most charity-minded people but if there is one charitable activity that has proved a hit in this country, it's the 'furusato nozei' (hometown tax).

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