Tag - taxes

 
 

TAXES

Executives of six ruling and opposition parties discuss scrapping the add-on levy for gasoline during their meeting in the parliament building on Friday.
JAPAN / Politics / FOCUS
Nov 2, 2025
Japan sees no stable funding for costly policy plans
Six ruling and opposition parties broadly agreed Friday to scrap the add-on levy for gasoline on Dec. 31 and for gas oil on April 1 next year.
"The aim is to address public anxiety and a sense of injustice, not to exclude foreigners," Chief Cabinet Secretary Minoru Kihara said at a news conference on Friday at the Prime Minister's Office.
JAPAN / Politics
Oct 31, 2025
Japan's ministers likely to discuss policy for foreign nationals next week
Prime Minister Sanae Takaichi has made addressing issues related to foreign nationals one of her key policy agendas.
Itsunori Onodera, tax chief of the ruling Liberal Democratic Party (right), and Kazuhiko Shigetoku, tax chief of the Constitutional Democratic Party of Japan, speak to reporters in Tokyo on Wednesday.
JAPAN
Oct 30, 2025
Japan could scrap gasoline tax surcharge this year, LDP says
The ruling party had considered keeping the surcharge in place at least until mid-January in consideration of the gasoline industry.
Finance Minister Satsuki Katayama is scheduled to meet U.S. Treasury Secretary Scott Bessent on Monday.
BUSINESS / Economy
Oct 24, 2025
Katayama talks taxes and debt without saying too much
In comments Friday, Japan's new finance minister steered clear of controversy and commitments.
AI’s potential to resolve advanced economies’ debt and growth issues is uncertain as it faces significant obstacles and may exacerbate political unrest, inequality and global conflicts.
COMMENTARY / World
Oct 20, 2025
Will AI pay off the West’s debts?
To be sure, a wildly upbeat assessment of AI’s potential impact on economic growth has propelled asset markets higher over the last few years.
The city of Izumisano, in Osaka Prefecture, has successfully challenged a decision by the central government to cut special tax grants based on its revenues under the <i>furusato nōzei</i> (hometown tax donation) system.
JAPAN / Crime & Legal
Oct 10, 2025
Government cuts to Izumisano's tax grants illegal, Osaka High Court rules
The city in Osaka Prefecture raised about ¥49.8 billion in donations in fiscal 2018, the most among the local governments under the hometown tax donation program.
The ruling Liberal Democratic Party has appointed Itsunori Onodera as chairman of its Research Commission on the Tax System.
JAPAN / Politics
Oct 10, 2025
Onodera to head LDP's tax panel
Onodera will succeed Yoichi Miyazawa, who has served as chairman of the tax panel for a total of eight years since 2015.
The ruling and opposition parties hold talks at the parliament building on Sept. 5 over a proposal to scrap the provisional gasoline tax surcharge.
BUSINESS / FOCUS
Oct 1, 2025
Ruling-opposition talks on gasoline tax cut stall ahead of LDP election
The slowdown is widely attributed to the political lull caused by the ruling Liberal Democratic Party's leadership election slated for Saturday.
The city of Matsue, Shimane Prefecture, used a crowdfunding-style hometown donation program to help fund fireworks during the Matsue Suigosai festival held in August.
JAPAN / Society / FOCUS
Sep 29, 2025
Crowdfunding-style hometown donations gain traction in Japan
Such initiatives set clear fundraising targets and deadlines to solicit contributions to address specific local challenges.
The internal affairs ministry in Tokyo's Chiyoda Ward. The ministry has barred four municipalities from taking part in Japan's <i>furusato nōzei</i> hometown donation program for two years due to their excessive spending on the program.
JAPAN / Politics
Sep 26, 2025
Four municipalities to be banned from hometown tax program after overspending
The municipalities affected are Soja in Okayama Prefecture, Unzen in Nagasaki Prefecture, Miyaki in Saga Prefecture and Yamato in Kumamoto Prefecture.
Chief Cabinet Secretary Yoshimasa Hayashi speaks during an interview on Sept. 20 at parliament.
JAPAN / Politics
Sep 26, 2025
LDP presidential candidate Hayashi sees need for backup of Tokyo
The idea has been championed by opposition Nippon Ishin no Kai, which is seeking to turn Osaka into a backup capital.
Agriculture minister Shinjiro Koizumi has changed course on some economic issues.
BUSINESS / Economy
Sep 24, 2025
LDP presidential candidates get closer to opposition on some economic issues
They have to make more compromises as the ruling coalition no longer has the majority.
Agricultural minister Shinjiro Koizumi was the most favored candidate for the Liberal Democratic Party's next president, a Jiji survey found.
JAPAN / Politics
Sep 18, 2025
Agriculture minister Koizumi most favored for LDP chief, poll finds
Koizumi was favored by 23.8% of respondents, while 21% backed former economic security minister Sanae Takaichi.
Sebastien Lecornu became France's fifth prime minister last week.
WORLD / Politics
Sep 18, 2025
Tax the rich or fall: French prime minister faces budget ultimatum
Sebastien Lecornu, who last week became France's fifth prime minister, is racing to draft a budget that is due to be sent to lawmakers by Oct. 7.
Liberal Democratic Party Secretary-General Hiroshi Moriyama (left) and his Constitutional Democratic Party of Japan counterpart, Jun Azumi, at parliament on Tuesday
JAPAN / Politics
Sep 17, 2025
LDP and CDP agree to create panel to discuss refundable tax credit
Liberal Democratic Party Secretary-General Hiroshi Moriyama hinted at the possibility of launching the panel under Prime Minister Shigeru Ishiba's administration.
A booth from the town of Betsukai in Hokkaido at an Amazon Japan furusato nо̄zei promotion event, on Sept. 5 in Tokyo's Minato Ward.
BUSINESS / Companies
Sep 12, 2025
People rush to make furusato nozei donations ahead of tighter rules
Website operators are holding events and campaigns to lure customers before the government bans them from giving reward points to donors, effective next month.
Kobe Mayor Kizo Hisamoto addresses in May in Kobe a meeting of a study group discussing the idea of taxing owners of vacant units in high-rise condominiums.
JAPAN / FOCUS
Sep 10, 2025
Kobe eyes tax on vacant or underused units in high-rise condos
Since taking office, Kobe Mayor Kizo Hisamoto has highlighted problems associated with high-rise condominiums, pushing to strengthen regulations and address aging buildings.
A revamped 3D diorama of the Chiran airfield and its surroundings is displayed at the Chiran Peace Museum in Minamikyushu, Kagoshima Prefecture, on July 31.
JAPAN
Sep 3, 2025
Hometown donations program used to help preserve wartime memories in Japan
Initiatives are under way in some regions to keep the tragic history of World War II from fading by using digital technology to renovate exhibition facilities.
Prime Minister Shigeru Ishiba's ruling Liberal Democratic Party and its coalition partner, Komeito, will screen government agencies and ministries' requests for tax reform at their respective tax panels, aiming to draw up guidelines later this year.
JAPAN / Politics
Aug 30, 2025
Government agencies draw up fiscal year 2026 tax reform requests
The ruling coalition will screen the requests, aiming to draw up late this year tax reform guidelines for the fiscal year starting next April.
The industry ministry aims to reduce tax burdens on Japanese companies making investments in facilities and equipment by expanding tax deductions and allowing lump-sum depreciation.
BUSINESS
Aug 28, 2025
Industry ministry to spur capital expenditure through tax measures
The ministry aims to reduce tax burdens on Japanese companies making investments in facilities and equipment by expanding tax deductions and allowing lump-sum depreciation.

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