Tag - tax

 
 

TAX

Japan Times
BUSINESS / Economy
May 15, 2014
GDP jumps to 5.9% on tax hike in first quarter
The Japanese economy climbed to its fastest pace since 2011 as companies invested more and consumers raced to beat the first tax hike in 17 years.
Japan Times
BUSINESS
May 13, 2014
Pachinko parlors face taxing times
Moves toward legalizing casinos in Japan have reignited a debate over the legal status of pachinko, with a potential new tax mooted for a $200 billion gaming industry that has existed for decades on the fringes of the law.
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
Apr 22, 2014
Failure to up sales tax risks crash of JGBs: Sakakibara
The government should prioritize expanding its recent sales tax increase or risk an eventual collapse of sovereign bonds, former Finance Ministry official Eisuke Sakakibara said.
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.
BUSINESS / Economy
Apr 8, 2014
BOJ stays policy course, aware of sales tax hike hit
The Bank of Japan on Tuesday left its ultra-loose monetary policy unchanged, while acknowledging the consumption tax hike introduced this month will have a negative impact on the economy.
Japan Times
JAPAN / Media / MEDIA MIX
Apr 5, 2014
Fallout from the tax rise may hit in surprising ways
Prior to the consumption tax increase last Tuesday, from 5 percent to 8 percent, Japanese consumers were spending to beat the band. The local business magazine Economist (not to be confused with the English language newsweekly) reports that ¥4 trillion was spent on goods and services in recent months...
Japan Times
BUSINESS / Economy
Apr 4, 2014
Abe may reduce tax benefits for women
Prime Minister Shinzo Abe's reflation campaign last year helped draw the most women to work since 1991. He now plans to add a stick to that carrot, scaling back tax benefits for spouses with limited earnings.
EDITORIALS
Apr 2, 2014
Tax hike alone won't cure fiscal ills
The consumption tax hike alone won't resolve the nation's fiscal and social security woes. It needs to be matched by efforts to rein in government spending.
BUSINESS
Apr 1, 2014
Banks see economy withstanding sales tax increase
The economy will probably withstand the consumption tax increase that took effect Tuesday as Prime Minister Shinzo Abe prepares stimulus measures and companies raise wages, the new head of the bank lobby said.
BUSINESS
Apr 1, 2014
Shoppers start coping with higher sales tax
Tuesday's hike of the consumption tax to 8 percent saw mixed reactions in Tokyo and Osaka. While consumers in both cities seemed resigned to the increase, there was concern about the additional transportation and food costs.
COMMENTARY / World
Apr 1, 2014
The bitcoin rhapsody to continue
Attempts to save on remittance fees by using bitcoins could lead to an addiction, which in turn risks the loss of one's savings.
Japan Times
BUSINESS
Mar 31, 2014
Shoppers flock to stores ahead of sales tax hike
Consumers flock to stores to make last-minute purchases of luxury and sundry goods ahead of the first sales tax hike in 17 years.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.