Tag - taxes

 
 

TAXES

In the most recent regular session of parliament, problems were highlighted regarding some foreign workers leaving Japan without paying outstanding taxes.
JAPAN
Aug 9, 2025
Japan starts survey on foreign nationals' unpaid resident taxes
Some foreign workers end up leaving the country without paying outstanding taxes.
The National Tax Agency at the Ministry of Finance, Kasumigaseki, Tokyo. Japanese tax authorities can bill foreign residents in Japan for assets inherited globally.
BUSINESS / Economy
Aug 7, 2025
Japan's inheritance tax is high, unforgiving and sometimes avoidable
Under certain circumstances, overseas inheritance can pass tax-free to foreigners who are residents in the country.
A fireworks display in Imabari, Ehime Prefecture, on Aug. 4 last year. The show has been one of the return gifts for hometown tax donations to the city.
JAPAN
Aug 1, 2025
Furusato nо̄zei hometown tax donations hit record ¥1.3 trillion in 2024
Of Japan's 47 prefectures, only Fukuoka, Saga and Kagoshima received lower donations than in fiscal 2023.
Parliamentary affairs chiefs of the ruling and opposition parties on Wednesday at the parliament building after signing an agreement to abolish the provisional add-on gasoline tax
JAPAN
Jul 30, 2025
Ruling and opposition parties agree to scrap provisional gas tax by year-end
The parties aim to enact a bill to scrap the tax at an extraordinary session of parliament expected to be convened in autumn.
The city of Kumamoto. The number of local governments that are able to operate their finances without state tax allocations has increased for the fourth consecutive year, the internal affairs ministry announced on Tuesday.
JAPAN / Society
Jul 29, 2025
Local governments not allocated state tax revenue increase for fourth year
In fiscal 2025, such local governments totaled 85, up by two from the previous year, reflecting the growth of local tax revenues backed by robust corporate performance.
Kazuhiko Shigetoku (second from left), policy chief of the Constitutional Democratic Party, speaks at a meeting of opposition party policy leaders discussing a bill to scrap the provisional add-on gasoline tax rate, on Tuesday at parliament.
JAPAN / Politics
Jul 29, 2025
Eight opposition parties agree to push for extra gasoline tax to be scrapped
The opposition parties are hoping to raise public expectations for political change after the ruling coalition lost its majority in the recent Upper House election.
Opposition party policy chiefs discuss a gas bill in Tokyo on Friday.
JAPAN / Politics
Jul 25, 2025
Move to abolish gasoline tax is LDP-Komeito coalition’s first post-election test
The minority government of Prime Minister Shigeru Ishiba is under pressure to quickly decide on how to respond to the opposition push.
International Monetary Fund spokesperson Julie Kozack said any fiscal stimulus measures Japan takes to address economic shocks should be temporary and targeted at vulnerable households and companies, during a news conference on Thursday in Washington.
BUSINESS / Economy
Jul 25, 2025
IMF advises Japan to avoid broad tax cuts and handouts
Tackling inflation was a major campaign issue in the Upper House race, with opposition parties having called for reducing or abolishing the consumption tax.
Miyazaki Gov. Shunji Kono speaks at a meeting of the National Governors' Association in the city of Aomori on Wednesday.
JAPAN / Politics
Jul 24, 2025
Governors urge central government to address Japan's shrinking population
During a two-day meeting in Aomori Prefecture, governors called for the establishment of a government agency-level control tower to coordinate related policies.
The EU flag and Meta logo in an illustration from 2023
BUSINESS / Tech
Jul 22, 2025
Meta, X and LinkedIn appeal unprecedented VAT claim by Italy
Italian tax authorities argue that free user registrations with X, LinkedIn and Meta platforms should be seen as taxable transactions.
Upper House votes being counted on Sunday. The Liberal Democratic Party-Komeito coalition lost its majority in the upper chamber of parliament, but could still be effective in thwarting the opposition.
BUSINESS / Economy
Jul 21, 2025
Consumption tax cut not a given even after Upper House election
Political and economic realities suggest that opposition policies will not skate through.
Britain’s abolition of the "nondom" tax regime has triggered an exodus of wealthy residents to tax-friendlier countries like Italy, sparking warnings of lost revenue, diminished appeal and a missed chance to reform the system more effectively.
COMMENTARY / World
Jul 14, 2025
The ultrarich move in herds. Just ask London.
The beneficiaries are countries such as Italy, which is attracting wealthy foreign residents with an annual flat fee of €200,000.
The U.S. Capitol in Washington. U.S. President Donald Trump’s tax bill largely benefits business investors and wealthy Americans.
WORLD / Politics / EXPLAINER
Jul 4, 2025
Who won and lost in Trump’s tax bill
Those hit the hardest by the sweeping package include elite universities and immigrants.
The World Health Organization has backed tobacco taxes and price rises for decades, and has called for taxes on alcohol and sugary drinks in recent years, but this is the first time it has suggested a target price rise for all three products.
WORLD / Science & Health
Jul 4, 2025
WHO pushes countries to raise prices on sugary drinks, alcohol and tobacco by 50%
The move by the United Nations health agency is the strongest backing yet for taxes to help tackle chronic public health problems.
Opposition parties are proposing a consumption tax cut as inflation, especially food inflation, remains high.
BUSINESS / Economy / FOCUS
Jul 2, 2025
Consumption tax cut enters political conversation ahead of Upper House election
The Liberal Democratic Party opposes a reduction in the tax, but opposition parties are in favor of a cut.
Prime Minister Shigeru Ishiba speaks during a news conference at the Prime Minister's Office in June.
BUSINESS / Economy
Jul 2, 2025
Japan’s record tax haul leaves questions over Ishiba’s handout pledge
Ishiba’s plan to distribute cash handouts of ¥20,000 per adult is expected to cost around ¥3.5 trillion, according to his Liberal Democratic Party.
Canadian Prime Minister Mark Carney speaks at a news conference during a NATO summit in The Hague last Wednesday.
BUSINESS / Economy
Jun 30, 2025
Canada rescinds digital services tax to advance stalled U.S. trade talks
Canadian Prime Minister Mark Carney and U.S. President Donald Trump will resume trade negotiations in order to agree on a deal by July 21, Ottawa said.
Prime Minister Shigeru Ishiba speaks during a news conference in Tokyo on Monday. Inflation in Tokyo slowed in June for the first time in four months as a result of government steps to reduce utility and gasoline prices.
JAPAN / Politics
Jun 29, 2025
Measures to ease inflation must be speedy, says Prime Minister Ishiba
Ishiba has opposed lowering the sales tax ahead of an Upper House election where voters will vote on the performance of his minority government.
The U.S. Capitol in Washington on Saturday.
WORLD / Politics
Jun 29, 2025
Trump's sweeping tax-cut and spending bill clears first U.S. Senate hurdle
The Senate voted Saturday to begin debate on the legislation just hours after party leaders unveiled the latest version of the massive tax and spending package.
U.S. President Donald Trump and Canadian Prime Minister Mark Carney take part in an arrival ceremony during the Group of Seven leaders' summit in Kananaskis, Alberta, on June 16.
BUSINESS / Economy / FOCUS
Jun 29, 2025
Trump turns on ‘nice’ Mark Carney with Canadian tech tax ultimatum
The tax became law while Justin Trudeau was still in power and had prompted warnings of U.S. retaliation but Carney went ahead anyway.

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Koichi Tagawa’s diary entry from Aug. 9, 1945, describes the day of the atomic bombing of Nagasaki.
The horrors of Nagasaki, in first person