National / Crime & Legal Nov 29, 2021
Nihon University chairman arrested for allegedly evading ¥53 million in taxes
According to sources, investigators found over ¥200 million in cash when searching Hidetoshi Tanaka's home.
National Nov 27, 2021
The decision to extend the program is aimed at promoting sales of used homes amid a spike in vacant homes across the country.
Business Nov 25, 2021
Undeclared income linked to new forms of economic activity hits ¥20 billion
The total number of individual income tax investigations grew 16.4% from the previous year to 502,000.
Commentary / World Nov 24, 2021
Will a wealth tax affect Singapore’s rivalry with Hong Kong?
by Andy Mukherjee
Singapore wants to take a different path from Hong Kong and may turn to some kind of tax on capital — perhaps as early as next year’s budget.
Commentary / World Nov 23, 2021
Rich countries’ double standards on taxation
by Jose Antonio Ocampo
By refusing to pay their fair share of taxes, the world’s wealthiest actors rob poorer countries of the revenue they desperately need to confront the pandemic.
National Nov 5, 2021
¥210 billion in tax money wasted by Japanese government in fiscal 2020
The largest amount of improperly used tax money in a single case was ¥160.1 billion reported at the Finance Ministry.
Business / Corporate Nov 4, 2021
In unusual move, tobacco-maker requests higher tax on cigarettes
According to the Tobacco Institute of Japan, sales of cigarettes in fiscal 2020, which ended last March, dropped 11.8% from the previous year to ¥2.47 trillion.
Business Nov 1, 2021
After years of negotiations, G20 leaders on Saturday endorsed an historic deal aimed at ending tax havens, although some developing countries complain it still falls short.
World Oct 31, 2021
G20 leaders approve global minimum tax but wrangle over climate
No consensus had yet emerged on a collective commitment on climate change, on the eve of the crucial COP26 conference starting in Glasgow on Sunday.
Business | ANALYSIS Oct 30, 2021
Amid inequality debate in Japan, capital gains tax hike may have unintended effect
by Kazuaki Nagata
Middle-class investors would likely end up paying a larger share than the rich, undercutting the goal of redistributing wealth.
Commentary / World Oct 29, 2021
To tax billionaires, democrats should keep it simple
by Alexis Leondis
Instead of taxing the wealthiest each year on their assets, as has been proposed, Biden’s original plan would tax them upon their death.
Business | FOCUS Oct 27, 2021
Xi’s toughest ‘common prosperity’ test is raising China’s taxes
Hiking taxes wouldn’t seem difficult in the one-party state. But the Communist Party is sensitive to public opinion, and taxes are as politically fraught in China as anywhere else.