Tag - taxes

 
 

TAXES

Anti-capitalist protesters with Occupy San Francisco take part in a demonstration on the streets of the Californian city in October 2011.
COMMENTARY / World
Mar 10, 2024
The economic future of our overworked grandchildren
While John Maynard Keynes predicted a future of leisure and abundance, the world has seen an increase in wealth disparity and a culture of overwork.
Osaka Gov. Hirofumi Yoshimura said an expert panel will finalize details of the proposed fee for foreign tourists in April.
JAPAN / Society
Mar 7, 2024
Osaka weighs 'entry fee' for foreign tourists in bid to combat overtourism
The proposed fee is separate from the lodging tax already in place for all tourists.
The building housing the Japanese Olympic Committee in 2019
JAPAN / Crime & Legal
Mar 7, 2024
Japanese Olympic Committee pays ¥2 billion in back taxes after discrepancy
Tax authorities found improper accounting between fiscal 2018 and 2022, the committee has said, but has not imposed a penalty tax.
In early February, the Finance Ministry announced that government debt at the end of last year had reached a record high of ¥1.2 quadrillion.
JAPAN / Politics / FOCUS
Feb 27, 2024
With downfall of Abe faction, some see a shift in Japan’s debt debate
The faction has long promoted fiscal stimulus, but its demise combined with wider economic conditions could open up space for a different approach.
Laws governing global e-commerce and the growing tidal wave of data that crosses borders may soon change.
BUSINESS / Companies
Feb 22, 2024
Streaming a movie abroad may soon come with taxes at the border
It's still unclear exactly how governments would implement digital tariffs.
The Tokyo Regional Immigration Bureau in 2018
JAPAN / Crime & Legal
Feb 20, 2024
Japan considers revoking permanent resident status of tax dodgers
Immigration authorities are considering revoking the residency status of foreign permanent residents who evade or repeatedly delay paying their taxes.
A woman makes a donation for people affected by the Noto Peninsula earthquake set up at Shinjuku's Keio Department Store's in Tokyo on Monday.
JAPAN
Feb 1, 2024
¥17 billion raised for quake-hit Ishikawa
A committee made up of members of related organizations will decide how to allocate the funds, which will be distributed via local municipalities.
Prime Minister Fumio Kishida delivers a policy speech during a plenary session of the Lower House in Tokyo on Tuesday.
JAPAN / Politics
Jan 30, 2024
Kishida comes full circle in policy speech with emphasis on 'power'
Amid low approval ratings and soul-searching for the ruling party, the prime minister made "power" a key theme in his policy speech.
Prime Minister Fumio Kishida addresses a meeting of the government's Tax Commission at the Prime Minister's Office on Thursday, as the commission's new chief Yuri Okina looks on.
BUSINESS
Jan 26, 2024
Yuri Okina tapped as new chief of government tax panel
Okina is the first female chief of the panel, which advises the prime minister, and its first new chair in roughly 10 years.
Prime Minister Fumio Kishida makes a toast with Indonesian President Joko Widodo at a Japan-ASEAN luncheon meeting at the Japan Business Federation in Tokyo on Dec. 18. Kishida’s chance of reelection in the LDP presidential race in September will largely depend on his administration’s response to the current funding scandal and its entanglement in it.
JAPAN / Politics
Dec 31, 2023
Scandal, economic policy and LDP race to weigh on Kishida in 2024
How he balances all three will determine whether he keeps his job as LDP party president and, by extension, prime minister.
The Ground Self-Defense Force's Amphibious Rapid Deployment Brigade takes part in a marine landing drill on Tokunoshima island, Kagoshima Prefecture, on Nov. 19.
JAPAN / Politics
Dec 29, 2023
Kishida’s military build-up plans face bumpy road ahead
One year on, questions remain as to whether the embattled leader, whose support rate recently dipped to new lows, can follow through on his pledges.
Seihan Mori, the chief Buddhist priest of Kiyomizu Temple in Kyoto, writes the kanji character "zei," meaning "tax," with a calligraphy brush to announce the Kanji of the Year.
LIFE / Language / BILINGUAL
Dec 15, 2023
Despite a taxing year, 2023's top kanji still draws questions
In a year of major crises around the world, Japanese voters pick the kanji for "zei," meaning "tax," based on a plan yet to be implemented.
Yoichi Miyazawa, head of the Liberal Democratic Party's tax panel, speaks at its meeting at the party's headquarters in Tokyo on Thursday.
BUSINESS / Economy
Dec 14, 2023
Japan's ruling coalition OKs tax reforms amid public skepticism
The schedule for planned tax hikes to boost defense spending was once again not made clear.
Seihan Mori, chief priest of Kiyomizu Temple in Kyoto, writes "zei" (taxes), which was chosen on Tuesday as the kanji of the year.
JAPAN
Dec 12, 2023
Talk of taxes spurs choice for Japan’s kanji of the year
The choice came as tax hikes and cuts were heavily covered in the news and discussed among policymakers.
Ground Self-Defense Force soldiers on Tokunoshima island, Kagoshima Prefecture, on Nov. 19. The government plans to secure over ¥1 trillion in fresh defense outlays by raising corporate, tobacco and income taxes in stages, but it has yet to decide when to start increasing the taxes.
JAPAN / Politics
Dec 11, 2023
Japan unlikely to hike taxes for defense boost in '25: LDP official
The decision on when to hike taxes will be delayed into 2024 amid an unfolding fundraising scandal involving many LDP factions and senior lawmakers.
Prime Minister Fumio Kishida attends a Budget Committee session in the Lower House in Tokyo on Tuesday.
JAPAN / Explainer
Nov 24, 2023
Why is Fumio Kishida called 'the four-eyed tax-hiker'?
The prime minister hasn’t actually raised taxes for the public at large since he took office over two years ago — at least, not yet.
The home of the National Tax Agency in Tokyo
JAPAN
Nov 23, 2023
Undeclared income of Japan's wealthy hits record high
By occupation, business management consultants hid ¥33.67 million per person, topping the list of income concealers for the second year in a row.
Members of a freelancers group opposing Japan's new invoice system hand documents requesting its abolition to Finance Ministry officials in Tokyo on Nov. 13.
BUSINESS
Nov 22, 2023
Manga artists and taxi drivers hit as tax frustrations mount
About 4.6 million businesses that were previously exempt from paying sales tax have been impacted by a new invoice system.
Prime Minister Fumio Kishida arrives in San Francisco on Wednesday to attend the Asia-Pacific Economic Cooperation summit meeting.
JAPAN / Politics
Nov 16, 2023
Public approval for Kishida Cabinet sinks to new low of 21.3%
The support rate fell 5.0 percentage points from the previous month, while the disapproval rate rose 7.0 points to 53.3%.
State Minister of Finance Kenji Kanda (left) and Finance Minister Shunichi Suzuki attend an Upper House session in Tokyo on Thursday.
JAPAN / Politics
Nov 13, 2023
State minister of finance resigns in further blow to Kishida
Kenji Kanda submitted his resignation after admitting that his firm had failed to pay fixed asset taxes.

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A statue of "Dragon Ball" character Goku stands outside the offices of Bandai Namco in Tokyo. The figure is now as recognizable as such characters as Mickey Mouse and Spider-Man.
Akira Toriyama's gift to the world