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October 20, 2025
 

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TAXES

JAPAN
Feb 20, 2023
Undeclared income of wealthy in Japan hits record high
The undeclared income totaled ¥83.9 billion in the year through June 2022, up 72.3% from the preceding year.
JAPAN
Jan 30, 2023
Parliament begins budget talks amid focus on Kishida's tax plans
Attention is increasingly turning to when Kishida might call an election, especially given the divisive issue of tax hikes to pay for increased defense spending and child care policies.
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
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
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
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.
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 / 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.
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
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.
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.
JAPAN / Politics
Dec 14, 2022
Defense spending debate threatens to divide ruling Liberal Democratic Party
Rather than raising taxes, some LDP lawmakers want the prime minister to issue government bonds.
JAPAN / Politics
Dec 13, 2022
Sanae Takaichi stands by criticism of plan to hike taxes for defense budget
The criticism came after Kishida on Thursday instructed the ruling parties to consider tax hikes to secure some u00a51 trillion to partially cover higher defense spending.
BUSINESS / Economy
Dec 13, 2022
Japan to raise taxes for rich with annual income of ¥3 billion
The government and the ruling coalition plan to offer the superwealthy a tax break for reinvestment of capital gains in startup companies to encourage investment.
Why I chose Japanese citizenship over permanent residency
Jon Heese (second left) takes part in a 2024 New Year's nihonshu barrel opening ceremony.
For Uniqlo’s founder, conquering America is personal
A Uniqlo store in New York. In recent years, Uniqlo’s affordable, well-made basic clothes have struck a chord, especially with younger American shoppers, fueling a rapid business expansion.
Japan's fractured politics could ensnarl Takaichi's economic plans
Sanae Takaichi, the newly elected leader of Japan's ruling party, the Liberal Democratic Party, attends a news conference after the LDP presidential election in Tokyo on Oct. 4.
Sho-time as dazzling Ohtani powers Dodgers into World Series with historic performance
Shohei Ohtani hits a solo home run against the Milwaukee Brewers in the fourth inning of Game 4 of the National League Championship Series at Dodger Stadium on Friday.
LDP and Nippon Ishin no Kai to form coalition government, report says
The ruling Liberal Democratic Party and Nippon Ishin no Kai have agreed to form a coalition, paving the way for the country's first female prime minister, Kyodo reports.
What does Jimbocho think of its unexpected ‘cool’ status?
Tokyo's Jimbocho neighborhood is a haven for book lovers, its rows of secondhand bookstores spilling over with printed materials.
What you need to see at this year's Tokyo film festival
Chloe Zhao’s "Hamnet"
New film explores how Japan and the U.S. found common ground through baseball
Masanori Murakami became the first MLB player from Japan when he made his debut with the Giants on Sept 1, 1964.
As they wrestle for power, Japan’s political parties must remember their base
Rengo's head Tomoko Yoshino speaks to reporters in Tokyo on Oct. 8.
Sumo is about to hit London and the West with a force previously unseen
Preparations advance on Monday for the Grand Sumo Tournament at the Royal Albert Hall in London.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Rock group The Yellow Monkey played K-Arena Yokohama in June as part of a nationwide tour. Concerts are increasingly popular in the age of social media as users value in-person experiences.
Inside Japan’s arena boom: Sports, sound and city-building
By Patrick St. Michel

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