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May 03, 2024
 

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TAXES

Japan Times
BUSINESS
Jun 9, 2021
Tax deal by G7 countries exposes European policy rift on havens
The global deal on corporate tax looks set to pit large members such as Germany, France and Italy against Ireland, Luxembourg and the Netherlands.
Japan Times
BUSINESS / FOCUS
Jun 8, 2021
Big Tech watches tide turning on taxes after its years of plenty
In the current system, the likes of Facebook, Amazon.com and Google have paid effective tax rates which appeared on a long, steady march toward zero.
Japan Times
BUSINESS
Jun 6, 2021
What is a global minimum tax and what will it mean?
The deal aims to end what U.S. Treasury Secretary Janet Yellen has called a '30-year race to the bottom on corporate tax rates' as countries compete to lure multinationals.
Japan Times
BUSINESS / Economy
Jun 6, 2021
Tech giants and tax havens targeted by historic G7 deal
Japan and its G7 peers reached a landmark deal to squeeze more money out of multinational companies and reduce their incentive to shift profits to low-tax offshore havens.
Japan Times
BUSINESS / Economy
Jun 5, 2021
G7 nations 'just 1 millimeter' from historic tax deal
Some of the world's richest nations are within touching distance of a historic deal to close the net on large companies that do not pay their fair share of tax.
Japan Times
BUSINESS
Jun 4, 2021
G7 finance ministers meet in London to broker global tax deal
The talks are aimed at moving closer to a global deal to raise more tax revenue from the likes of Google, Facebook and Amazon.
Japan Times
BUSINESS / ANALYSIS
Jun 3, 2021
Global corporate tax crackdown gets ethical investor boost
Many funds have said they are escalating talks with companies over their tax planning and, if necessary, will dump shares.
Japan Times
BUSINESS
Jun 1, 2021
G7 to back minimum global corporate tax and support economies
A draft statement said the G7 supported efforts to set a global minimum corporate tax level that would ensure large multinationals paid their fair share.
Japan Times
COMMENTARY / World
May 29, 2021
Biden stumbles with cryptocurrency tax-collection plan
Since investors first started trading cryptocurrencies a decade ago, the IRS has been slow to define the rules of the road.
Japan Times
BUSINESS
May 25, 2021
Deputy U.S Treasury chief sees G7 support for 15%-plus global minimum tax
The U.S. global minimum tax proposal is expected to be a key topic of discussion at a preliminary virtual G7 finance leaders meeting on Friday.
Japan Times
BUSINESS
May 21, 2021
U.S. Treasury floats global corporate tax of at least 15%
The rate would be significantly below its proposed 21% minimum for U.S. multinational firms.
Japan Times
COMMENTARY / World
May 16, 2021
How to be smart about taxes on Bitcoin
Lots of crypto investors might be tempted to hide their heads in the tax-planning sand, and it's easy to see why. The tax issues are complex.
Japan Times
WORLD
May 4, 2021
Biden tax rule would take billions from biggest fortunes at death
Ending the current practice of stepping up the tax basis of inherited assets and raising the capital gains tax rate would amount to the biggest curb on dynastic wealth in decades.
Japan Times
COMMENTARY / World
May 1, 2021
Biden’s great tax rebalancing act
With U.S. government spending likely to remain high after the COVID-19 pandemic, tax revenues must increase, because additional borrowing can finance only so much.
Japan Times
BUSINESS
Apr 6, 2021
U.S. Treasury Secretary Janet Yellen calls for global minimum corporate tax
Yellen said Monday she was working with G20 countries to agree to the measure, in hope of ending a 'thirty-year race to the bottom.'
Japan Times
BUSINESS
Mar 29, 2021
Osaka launches campaign to become new financial center in Asia
The prefecture joins Tokyo and Fukuoka as an area to which the central government aims to bring capital, financial institutions and professionals from around the world.
Japan Times
WORLD
Mar 26, 2021
In 2020 the ultrarich got richer. Now they're bracing for the backlash.
The plans being discussed by the ultrarich range from philanthropy to shifting money and businesses into trust funds, and relocating to other countries or states with favorable tax regimes.
Japan Times
COMMENTARY / World
Mar 24, 2021
Who helps pay Amazon’s low-wage workers? Americans do.
Amazon can afford to lift its workers out of poverty, so why does it rely on taxpayers to fill in the blanks?
Japan Times
COMMENTARY / World
Mar 18, 2021
Tax havens are sabotaging the sustainable development
In 2015, Gabriel Zucman estimated that at least $7.6 trillion of the world's private wealth was held in tax havens, equivalent to 8% of global household financial assets.
Japan Times
BUSINESS / Companies
Feb 24, 2021
Travel agency JTB to cut capital to gain tax advantage amid pandemic
The planned capital cut from over u00a52.3 billion would mean JTB can receive preferential tax treatment for smaller companies with u00a5100 million as the upper limit for capital.
Weak yen fattens tourist wallets in Japan
People visit the Ameya Yokocho market in Tokyo's Ueno district during the Golden Week holiday on Tuesday.
Number of vacant homes in Japan hits record high of 9 million
A vacant house in Tokyo is seen demolished in January 2020.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Kishida sets sights on energy and climate in South America trip
Prime Minister Fumio Kishida will use a policy speech in Sao Paulo to set out his vision for ties between Japan and South America, almost 10 years after former Prime Minister Shinzo Abe advocated for stronger ties between the two in the same city.
Yellow sand allergy: A health issue made worse by climate change
A screenshot of the Meteorological Agency's satellite image of clouds and yellow sand (in pink) on Sunday.
Climate change, chalky grains and the risks for Japan’s rice farmers
A farmer plants seedlings in Satsumasendai, Kagoshima Prefecture. Japan’s self sufficiency rate for rice is nearly 100%, compared with 38% for food overall, on a calorie basis.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
Theaster Gates’ ambitious ‘Afro-Mingei’ brings Black Chicago to Tokyo
Theaster Gates' “A Heavenly Chord” lines up church pews before seven speakers and a Hammond B3 organ, a type of electric organ prevalent in Black American churches.

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