Japan plans tax breaks for foreign nationals to attract financial experts
Many highly skilled financial professionals from abroad leave Japan within 10 years partly due to the current taxation system, a ruling party source said.
As soon as Trump leaves office, he faces greater risk of prosecution
The president is more vulnerable than ever to an investigation into his business practices and taxes.
However, sales sagged for so-called third-sector quasi-beer products, for which the tax was raised.
September household spending down 10.2%, affected by 2019 tax hike
The monthly drop was the sharpest since the 16.2% plunge logged in May, the largest decrease since comparable data became available in January 2001.
The new measures will be included in the ruling party's package of tax system reform proposals to be compiled in December.
Putting Japan's coming inheritance windfall to good use
The final journey of Japan’s baby boomers is poised to free up inheritance fund flows of as much as ¥550 trillion (about $5 trillion) over the next ten years alone.
LDP tax chief sees room to tweak ‘terrifying’ inheritance tax for foreign nationals
A local media report earlier Wednesday said the government was considering reducing the inheritance tax for some foreign nationals starting April.
Nations delay deal on digital tax to mid-2021 amid U.S.-Europe row
The countries originally aimed to release a final report by the end of the year, responding to criticism that tech companies are not paying their fair share of taxes.
Japan brewers bet on tax cut to revive pandemic-hit sales
As of Thursday, the government is starting to bring taxes of different varieties of alcoholic products more in line with each other.
Japan's coffers still hurting despite 2019 consumption tax hike
Revenue for the previous fiscal year failed to reach the expected level of ¥19.1 trillion due to sluggish consumption as fears grew over the coronavirus.
Japan may ease rules for processes related to digitized tax documents
The proposed measures are aimed at facilitating the digitization of expense accounting procedures and making related jobs more suitable for teleworking.
