Tag - taxes

 
 

TAXES

Japan Times
BUSINESS
Jul 12, 2023
Japan’s bid to nurture startups lags global rivals on tax breaks
Struggling with a far lower business entry rate than the U.S. or Europe, Prime Minister Fumio Kishida’s government in 2022 launched a five-year plan to encourage new ventures.
Japan Times
BUSINESS / FOCUS
Jun 30, 2023
New battery sourcing rules make Japanese EVs ineligible for U.S. tax breaks
The new standards say a certain share of battery parts must be made and assembled in North America, with similar rules for key minerals used as materials for the batteries.
Japan Times
JAPAN / Politics / FOCUS
Jun 21, 2023
Kishida comes away from parliamentary session with key goals achieved
Out of 60 bills it submitted, 58 became law, a 96.7% passage rate — a slight drop from the equivalent session last year, where all 61 bills received parliament's approval.
Japan Times
EDITORIALS
Jun 16, 2023
Budgets are the real test of Kishida’s leadership
For the government to balance the budget while increasing spending on defense, child care and the elderly will require hard choices.
Japan Times
JAPAN / Politics
Jun 13, 2023
Japan delays possible tax hike period for defense, draft documents show
Japan has set ¥6.8 trillion for defense spending in this fiscal year, jumping from last year’s ¥5.4 trillion.
Japan Times
COMMENTARY / World
Jun 6, 2023
Debt debacle confirms what many thought of the U.S.
China is the chief beneficiary of the U.S. debt ceiling nonsense. Doubts about U.S. trustworthiness spur governments to look elsewhere for leadership and stability.
Japan Times
COMMENTARY / World
Jun 6, 2023
Flight of affluent taxpayers catches up with New York
The latest personal income tax data from New York shows the state bringing in less revenue than it did before the pandemic, which could hamper its ability to pay its bills.
Japan Times
JAPAN
Jun 1, 2023
Japan's fiscal 2022 tax revenue likely hit record, may reach ¥70 trillion
The rising trend reflects an increase in consumption tax revenue amid the rising prices of goods.
Japan Times
EDITORIALS
May 26, 2023
Inexplicable debt debate undermines U.S. power and status
The U.S. secretary of the Treasury says the American government will hit the current debt ceiling on June 1. If it is not lifted, it will run out of money and be unable to pay its bills.
Japan Times
JAPAN
May 23, 2023
Japan considers revamping tax-free shopping rule to stem illicit resales
In Japan, travelers are exempted from paying the consumption tax when purchasing goods totaling ¥5,000 or more as long as they intend to use the items in their home countries.
Japan Times
JAPAN
May 23, 2023
Kishida rules out tax hikes to fund more child care spending
Kishida places priority on boosting child-rearing support, seeing dwindling births as a 'national crisis.'
Japan Times
JAPAN
May 7, 2023
80% in Japan oppose tax hike plan to cover defense spending, poll finds
The unwillingness to accept tax hikes to cover defense outlays comes despite 53% saying they are 'extremely concerned' over China taking military action against Taiwan.
Japan Times
JAPAN
Apr 30, 2023
Outlook uncertain for Japan's mileage-based auto tax idea
Some in the automotive industry, which fears that a further increase in the burden on drivers would cause a further shift away from vehicle ownership and driving, have protested the idea.
Japan Times
JAPAN / Politics / FOCUS
Mar 30, 2023
As parliament debates kick into high gear, all eyes are on Kishida’s signature policies
The prime minister and his administration will now focus on some of his key legislative issues, including energy, defense and asylum programs.
Japan Times
ASIA PACIFIC
Mar 30, 2023
Taiwan is pushing Biden for a tax deal that could infuriate China
Taiwanese officials are pushing hard for an agreement to eliminate the burden of double taxation, but the U.S. can't sign a treaty to do so amid concerns of angering Beijing.
Japan Times
BUSINESS / Economy
Mar 28, 2023
U.S. and Japan strike deal on supply of minerals for EV batteries
EVs that use materials that have been collected or processed in Japan will be eligible for incentives under the U.S. Inflation Reduction Act, Japan's trade minister said.
Japan Times
COMMENTARY / World
Mar 24, 2023
Should the government get to spend your pension savings?
There’s a feeling in the U.K. that it isn’t right for pension money to sit around when there are socially meaningful things it could be doing instead.
Japan Times
JAPAN
Mar 23, 2023
Kyoto to introduce Japan's first empty homes tax
The new tax, set for introduction in 2026 at the earliest, aims to boost the property market amid an exodus of young people struggling to secure housing in the city.
Japan Times
BUSINESS
Mar 22, 2023
U.S. to include Japan-provided materials in EV tax credit scheme
Under the changes, the U.S. will relax the rules to allow EVs to contain key minerals provided by Japanese companies, despite Tokyo not holding a free trade agreement with Washington.
Japan Times
BUSINESS
Mar 11, 2023
Keidanren to seek tax use for raising Japan's birthrate
The country's top business lobby is calling for 'the best mix' of financial resources, including taxation, social insurance premiums and government bonds, together with spending reforms.

Longform

The Japanese government updated its English education guidelines in 2017 to emphasize communication over grammar and memorization. Public school teachers are incredibly busy, however, which means schools haven’t been able to implement changes uniformly. Private and alternative schools are attempting to remedy this.
The language of opportunity: Bilingual education is on the rise in Japan