Tag - taxes



Aug 30, 2016
LDP to scrap spousal tax break in bid to get more women into full-time work
In a major policy shift, the Liberal Democratic Party plans to abolish the decades-old spousal tax break that critics say has long dissuaded wives from seeking full-time work.
Aug 20, 2016
Stop international tax dodges
Efforts to crack down on tax havens is starting to pick up steam, and none too soon.
WORLD / Science & Health
Aug 18, 2016
Britain taxes soft drinks, will use the money to promote children's health
Britain on Thursday launched a strategy aimed at curbing childhood obesity by taxing companies that sell sugar-laced soft drinks and investing that money in programs to encourage physical activity and balanced diets for school children.
Japan Times
Aug 6, 2016
Nobel winner Stiglitz quits Panama Papers probe, citing lack of transparency
The committee to investigate the lack of transparency in Panama's financial system itself lacks transparency, Nobel Prize-winning economist Joseph Stiglitz said on Friday after resigning from the Panama Papers commission.
Aug 4, 2016
Is size the key in latest stimulus?
The new stimulus package doesn't look like it will convince cautious consumers to loosen their purse strings.
BUSINESS / Economy
Aug 2, 2016
IMF backs labor, tax reforms to boost Abenomics
The government of Prime Minister Shinzo Abe should step up efforts to revamp the labor market, encourage businesses to raise wages and restore the nation's debt-ridden finances through consumption tax increases as part of efforts to spur the flagging Abenomics policy mix, the International Monetary Fund...
BUSINESS / Economy
Jul 2, 2016
¥56.2 trillion tax revenue lower than government's estimate, making financing an extra budget difficult
Tax revenues in fiscal 2015 totaled u00a556.29 trillion, falling short of the central government's estimate, which will make it hard to finance an extra budget in the current fiscal year.
Japan Times
Jun 28, 2016
Kyoto meeting a chance for nations to tighten screws on tax avoidance
Global efforts to tackle corporate tax avoidance are set to get new momentum on Thursday, when nations meet in Kyoto to discuss and possibly sign up to international rules introduced last year.
Jun 27, 2016
Abe right to delay tax hike
The prime minister recognizes the need to balance the imperatives of debt reduction and economic growth.
Jun 14, 2016
Donations to municipalities of choice grow fourfold in fiscal 2015
Donations to municipalities that qualify as tax-deductable soared over fourfold in fiscal 2015 from a year earlier, the government said Tuesday.
Jun 6, 2016
Rakuten chief named in Panama Papers
Rakuten Chairman and CEO Hiroshi Mikitani is named as a shareholder of a company in an offshore tax haven in the Panama Papers.
Japan Times
May 22, 2016
America: the top tax haven
Operating largely under the radar, the United States has become the world's biggest tax haven.
May 18, 2016
Economic growth remains fragile
The nation's economy has escaped a back-to-back quarterly decline, as shown by the preliminary data for the January-March period — which has been closely watched as a possible clue to whether Prime Minister Shinzo Abe will go ahead with the consumption tax hike in April 2017 as planned. Abe's assessment...
Japan Times
May 14, 2016
Pakistan opposition leader Khan, a former cricket hero, admits using an offshore company
Pakistani opposition leader Imran Khan, who tried to oust Prime Minister Nawaz Sharif in a row over offshore wealth, has acknowledged using an offshore company to avoid paying British tax on a London property sale.
Japan Times
May 12, 2016
Australian Prime Minister Turnbull named in Panama Papers, denies wrongdoing
Australian Prime Minister Malcolm Turnbull on Thursday denied any wrongdoing after being been named in the Panama Papers as a former director of a British Virgin Islands company set up to exploit a Siberian gold prospect.
Japan Times
May 9, 2016
New Zealand prime place to hide money: Panama Papers
New Zealand is at the heart of a tangled web of shelf companies and trusts that are being used by wealthy Latin Americans to channel funds around the world, according to a report on Monday based on the so-called Panama Papers data leak.
Japan Times
May 9, 2016
Trump changes his tune, now says he's in favor of tax hikes for wealthy Americans
U.S. Republican presidential candidate Donald Trump said Sunday he is open to raising taxes for the rich, backing off his prior proposal to reduce taxes on all Americans and breaking with one of his party's core policies dating back to the 1990s.
Apr 27, 2016
OECD schedules talks in Kyoto on global tax avoidance
The Organisation for Economic Co-operation and Development will hold a meeting in Kyoto in late June to address tax avoidance, government officials said Wednesday. The meeting will come on the heels of the so-called Panama Papers scandal, which cast a spotlight on tax avoidance by prominent politicians...
Japan Times
Apr 21, 2016
'Hometown donation' system emerges as effective way to help quake victims
Amid a flurry of fundraising and charity projects launched in the wake of last week's deadly earthquakes in Kumamoto and Oita prefectures, the "hometown tax donation system" is gaining attention as a way of getting money directly to affected municipalities.
ASIA PACIFIC / Crime & Legal
Apr 20, 2016
China suspends G-20 anti-corruption task force, members say
China suspended an international anti-corruption task force after taking over the presidency of the Group of 20 earlier this year, according to six individuals in the group, who called it a setback to efforts to crack down on shell companies used to conceal assets.


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