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April 20, 2024
 

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TAXES

Japan Times
JAPAN / Politics
Jan 29, 2023
Majority urge election before tax hikes to cover Japan defense budget rise
Some 77.9% of respondents in a poll urge Prime Minister Fumio Kishida to seek voter approval on his defense spending hike.
Japan Times
WORLD / Politics
Jan 29, 2023
Sunak fires Zahawi citing ‘serious’ ethics breach over taxes
U.K. Prime Minister Sunak said the probe of Nadhim Zahawi's tax situation has been concluded and fired the Conservative Party chairman.
Japan Times
JAPAN
Jan 25, 2023
CDP questions Kishida on defense spending, nuclear power and child care
Calling for a snap election, the CDP's Kenta Izumi blasted the prime minister for pursuing a tax hike for defense spending without parliamentary discussion.
Japan Times
JAPAN / Politics
Jan 24, 2023
Kishida's focus on child care leads to speculation over sales tax hike
Many fear a consumption tax hike could drag down business and household spending, hampering economic growth.
Japan Times
JAPAN
Jan 22, 2023
Kishida heads into parliamentary session with packed — and divisive — agenda
Contentious debates in the Diet over increased defense spending, policies aimed at children and extending the life of nuclear reactors could ultimately seal the prime minister's fate.
Japan Times
COMMENTARY / World
Jan 18, 2023
We’ll all pay for Uncle Sam’s cheap debt fantasies
By financing ballooning spending with short-term debt, the government failed to lock in record-low interest rates while it could. Now the piper has come to call.
Japan Times
WORLD / ANALYSIS
Jan 14, 2023
Russia may hike taxes as military spending and oil price weigh on budget
Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may have to raise taxes.
Japan Times
JAPAN / Politics
Jan 8, 2023
Kishida's plan to combat Japan's low birthrate stirs talk of sales tax hike
The prime minister's plan to double the budget for children's policies has sparked controversy in the LDP, as questions remain over how to secure the needed funds.
Japan Times
JAPAN
Dec 28, 2022
Kishida says election to come before tax hike for defense
Kishida has unveiled plans for a 60% increase in defense spending over five years.
Japan Times
BUSINESS / Companies
Dec 27, 2022
Apple Japan faces ¥14 billion tax bill after treating bulk sales as duty-free
The Tokyo Regional Taxation Bureau found around u00a5140 billion in tax-exempt sales over a two-year period were fraudulent duty-free purchases to be resold for commercial purposes.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 25, 2022
Japan's focus on defense spending casts doubt on growth
Whether 1.5% growth will be realized depends on corporate wage hikes and the inflation situation.
Japan Times
COMMENTARY / World
Dec 22, 2022
I’ve seen Trump’s tax returns and now you can, too
Former President Trump's questionable practices are hardly news. But these tax returns may point to a bigger question: Did the White House corrupt the IRS?
Japan Times
WORLD / Politics
Dec 22, 2022
Trump’s taxes: Red flags, big losses and a windfall from his father
The congressional Joint Committee on Taxation reviewed the Trump returns and found dozens of red flags that it believed required further investigation.
Japan Times
WORLD
Dec 21, 2022
Trump’s tax records poised for release as Democrats vote
Tuesday's action by the Ways and Means Committee comes one day after Trump was referred for criminal prosecution by another House panel.
Japan Times
JAPAN / Politics
Dec 19, 2022
Poll shows nearly 65% disapprove of tax hikes to cover Japan's increased defense budget
As for the planned increase in defense budgets for five years from the next fiscal year, 53.6% said they oppose it, while 39% said they were in favor of the move.
Japan Times
JAPAN / Politics / FOCUS
Dec 16, 2022
Kishida punts on tax hikes for defense amid backlash from his own party
Kishida, who had been pushing for tax increases in stages, was forced to back off from a specific timetable as opponents press for alternate funding.
Japan Times
BUSINESS / Economy
Dec 16, 2022
Tax reform package takes on defense spending and individual investors
Ruling coalition approves proposal after debate over plan to hike taxes for a bolstered defense budget.
Japan Times
JAPAN
Dec 15, 2022
Same levy, different name: Reconstruction tax to be shifted to defense spending
The ruling Liberal Democratic Party's latest plan to fund a defense budget hike is to create a new defense tax.
Japan Times
COMMENTARY / Japan
Dec 15, 2022
The fight to build up Japan’s military is just beginning
The famously pacifist nation's plans to double defense spending are both welcome and overdue. Now Japan needs to find a way to pay for them.
Japan Times
BUSINESS
Dec 15, 2022
Japan plans higher taxes, but only on small group earning over ¥3 billion
The idea of imposing higher taxes on the wealthy stems from the fact that the tax rate on overall earnings begins to decrease once an individual's income exceeds u00a5100 million.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Tehran signals no retaliation against Israel after drones attack Iran
A reported strike against Iran by Israel on Friday came against the backdrop of Iran's support for the Palestinian Hamas militant group, whose assault into Israel on Oct. 7 triggered Israel's invasion of Gaza.
In a first, Japan doctors sue Google over negative reviews on firm's map app
One of the lawyers representing a group of doctors suing Google told a news conference that the main purpose of the lawsuit is not to seek compensation but instead to raise awareness over various problems with the Google Maps system.
Former No. 1 Kento Momota retires from international badminton at 29
Badminton star Kento Momota leaves a news conference after announcing his retirement from Japan's national team, in Tokyo on Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

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