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May 06, 2024
 

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TAX 4

Japan Times
BUSINESS / YEN FOR LIVING
Jul 25, 2012
Wag the dog: Pooch tax more than just a source of revenue
A city in Kansai finds its citizens surprisingly receptive to a tax on dogs.
Japan Times
JAPAN / Media / MEDIA MIX
Jul 8, 2012
What nobody is saying about Noda's new consumption tax bill
Two weeks ago, the Lower House passed a law to increase the consumption tax to 10 percent by 2015, something Prime Minister Yoshihiko Noda has been pushing with blinkered, self-sacrificial dedication. Eventual final passage seems inevitable at this point, and so the only aspect deemed worthy of discussion by the major media is how it affects the ruling Democratic Party of Japan, which has splintered over the bill. As discussed in this space in April, the media bought the consumption tax hike a long time ago and the Finance Ministry made sure the dailies and TV networks "understood" what was at stake, namely Japan's future, which is being threatened by huge government deficits. Even the BBC seems to support the increase based on the idea that the consumption tax is too low by world standards. Experts who claim that the deficit is manageable and/or that the consumption tax isn't the best way to tackle it have been ignored, and now that the central issue has been pushed aside by the DPJ defection there's nothing left to talk about.
BUSINESS
Jul 7, 2012
IMF director praises consumption tax hike
The push by Prime Minister Yoshihiko Noda and his administration to raise the consumption tax is a key step that "will make the Japanese economy more agile and efficient," Christine Lagarde, managing director of the International Monetary Fund, said Friday in Tokyo.
Japan Times
BUSINESS / YEN FOR LIVING
Apr 27, 2012
Ruling party ends up back where it started with assistance for families
Crunching the numbers for the new child allowance.
BUSINESS / JAPANESE PERSPECTIVES
Apr 23, 2012
Consumption tax fiasco magnified by absence of financial fundamentals
To paraphrase Winston Churchill's all too famous words at the time of the Battle of Britain: "Never in the field of economic policy has so little been achieved by so many hours wasted by so many lawmakers." The outcome of the debate over Japan's consumption tax would surely extract a quote to surpass all Churchillian quotes in its acerbity were he here to witness it.
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?
Japan Times
COMMUNITY / Our Lives / CLOSE-UP
Apr 1, 2012
Naohiko Jinno: Master of public finance brings life to numbers
Born the grandson of a once-prosperous textile manufacturer in Urawa, Saitama Prefecture, Naohiko Jinno says that when he was growing up he was told by his mother, over and over again, that money was not important.
BUSINESS
Mar 15, 2012
Consumption tax hike 'not linked to growth'
The consumption tax could be raised even if the economy is contracting, the head of the Democratic Party of Japan's tax panel suggested Wednesday.
Japan Times
BUSINESS / YEN FOR LIVING
Dec 13, 2011
Politicians' pay: Even more than you think
Each Diet member costs taxpayers more than u00a560 million a year.
JAPAN
Dec 7, 2011
Specifics on consumption tax increase due before end of month: Azumi
The government will aim to specify when and by how much the 5 percent consumption levy will be hiked in the social security and tax reform plan it hopes to present by year's end, Finance Minister Jun Azumi said Tuesday.
Japan Times
BUSINESS / YEN FOR LIVING
Aug 23, 2011
All in the family: Keeping inheritances is a tricky business
Many people hide inheritances to avoid paying taxes, which is relatively easy to do.
JAPAN
Jun 1, 2011
Phased-in consumption tax hike to 10% eyed by 2015
The administration intends to outline a doubling of the consumption tax to 10 percent in stages by fiscal 2015 in its envisaged social security and tax reforms, official sources said Tuesday.
Japan Times
JAPAN / EXPLAINER
Oct 26, 2010
Taxation about striking the right balance
With the country mired in fiscal debt, the government is depending more than ever on finding stable sources of tax revenue.
EDITORIALS
Jul 4, 2010
Environmental literature
Preparations are now under way for the 76th annual International PEN Congress to be held in Tokyo this September, only the third time Japan has hosted the event. It promises to be a stimulating occasion with such guests as Chinese Nobel laureate in literature Gao Xingjian and authors from Europe, Asia, Africa and North America. Margaret Atwood will talk about her novel "Year of the Flood" and Sara Paretsky, about writing in an "age of silence" after 9/11.
JAPAN
Jun 23, 2010
Consumption tax hot topic in first debate
Leaders of the ruling and opposition camps engaged in their first televised debate Tuesday ahead of the July 11 Upper House election, offering different takes on the crucial but politically unpopular topic of raising the consumption tax.
Japan Times
BUSINESS
May 28, 2010
New Keidanren chief Yonekura calls for hike in consumption tax
Hiromasa Yonekura, the newly appointed chairman of the Japan Business Federation (Nippon Keidanren), urged the government Thursday to raise the 5 percent consumption tax to improve the nation's fiscal health.
BUSINESS
Apr 14, 2010
Steady hikes sought for consumption tax
The Japan Business Federation (Nippon Keidanren) recommended Tuesday that the government gradually raise the consumption tax from the current 5 percent to at least 10 percent starting in fiscal 2011 to meet rising medical care and pension costs.
BUSINESS
Feb 17, 2010
Ministers willing to mull consumption tax hike
Cabinet members said Tuesday they are ready to start a debate on raising the consumption tax as long as the administration does not deviate from its pledge to avoid any increases before the next Lower House election.
JAPAN
Feb 16, 2010
Hatoyama says no hike in consumption tax now
Prime Minister Yukio Hatoyama pledged again Monday that he will not raise the 5 percent consumption tax during his four-year term through summer 2013, even though Finance Minister Naoto Kan is saying he wants to launch debate on a possible increase.
JAPAN
Jan 11, 2010
Kan to test waters for consumption tax hike after fiscal review
Deputy Prime Minister Naoto Kan, appointed last week to also serve as finance minister, indicated Sunday that he may put a consumption tax hike on the table in fiscal 2011.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
G7 eyes plan on U.S.-led $50 billion aid package for Ukraine
A local resident visits the Lychakiv cemetery in Lviv, Ukraine, on Thursday. The U.S. is in talks with close partners to lead a group of allies that would give as much as $50 billion in aid to Ukraine.
Japan drops to 70th in press freedom rankings
A businessman reads a newspaper outside a train station in Tokyo.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
'Monster' Inoue ready to tear down Luis Nery in title defense at Tokyo Dome
Naoya Inoue (left) and Luis Nery following a pre-fight news conference in Yokohama on Saturday, two days ahead of their super bantamweight title fight.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.
With eye on China, defense chiefs agree to bolster interoperability
From left: U.S. Secretary of Defense Lloyd Austin, Australian defense chief Richard Marles, Japanese Defense Minister Minoru Kihara and Philippine Defense Secretary Gilberto Teodoro hold a joint news conference in Honolulu on Thursday.

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