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July 05, 2025
 

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TAXES

Japan Times
COMMENTARY / Japan
Oct 18, 2020
Putting Japan's coming inheritance windfall to good use
The final journey of Japan's baby boomers is poised to free up inheritance fund flows of as much as u00a5550 trillion (about $5 trillion) over the next ten years alone.
BUSINESS / Economy
Oct 15, 2020
LDP tax chief sees room to tweak ‘terrifying’ inheritance tax for foreign nationals
A local media report earlier Wednesday said the government was considering reducing the inheritance tax for some foreign nationals starting April.
Japan Times
BUSINESS / Companies
Oct 1, 2020
Japan brewers bet on tax cut to revive pandemic-hit sales
As of Thursday, the government is starting to bring taxes of different varieties of alcoholic products more in line with each other.
BUSINESS
Aug 31, 2020
Japan considers tax reform to lure foreign financial firms, annual policy says
Experts said Tokyo needed to tackle issues including a relatively high tax rate and a lack of English language fluency in the workplace.
Japan Times
BUSINESS
Aug 7, 2020
Japanese lawmaker wants sales tax ditched as coronavirus weighs heavily on economy
Hiroshi Ando said the raising of the sales tax rate to 10 percent last October was a mistake because the economy was already in a downturn.
Japan Times
BUSINESS
Jun 1, 2020
Pandemic opens door to ideas new and old for a better economy
Governments have already cast aside dogmas at least temporarily to protect companies and jobs in the deepest peacetime recession in almost a century.
Japan Times
WORLD / Politics
May 25, 2020
Europe’s debt reckoning may mean tough choices on who to tax
As European governments rapidly ramp up borrowing to aid economies, the region's experience of austerity is framing the debate on how to tackle debt.
BUSINESS
Mar 18, 2020
Japan local governments' hotel tax plans delayed by spread of COVID-19
An increasing number of local governments in Japan are moving to delay discussions on whether to introduce an accommodation tax, as the hotel industry has been hit by the spread of the new coronavirus.
Japan Times
BUSINESS / Economy
Mar 17, 2020
Tax cut emerging as option in Japan to combat coronavirus impact
The government will consider various measures, including tax cuts, to deal with deepening financial damage from the coronavirus outbreak, economy minister Yasutoshi Nishimura said Tuesday amid growing debate on the possibility of cutting the consumption tax.
BUSINESS / Economy
Mar 15, 2020
Japanese Cabinet minister says virus may be worse for economy than 2008 financial crisis
The effect of the new coronavirus on the economy could be worse than the 2008 financial crisis, economic revitalization minister Yasutoshi Nishimura said.
Japan Times
BUSINESS
Feb 24, 2020
No global digital tax by end of 2020 would mean chaos, France says
Failure to reach a global deal on where and how much to tax digital giants such as Google, Amazon or Facebook would result in many digital tax regimes emerging all over the world, France's finance minister said on Sunday.
Japan Times
BUSINESS
Feb 21, 2020
Washington state acts to drop Boeing tax break to head off EU tariffs
Washington state lawmakers moved on Wednesday to remove a key tax break for Boeing Co. and other aerospace firms in a bid to head off possible European tariffs on U.S. goods and ease a transatlantic trade dispute over aircraft subsidies.
Japan Times
COMMENTARY / Japan
Feb 18, 2020
Take COVID-19, add a trade war and raise taxes: A recipe for disaster
Japan is facing a trifecta of challenges with severe economic consequences.
JAPAN / Media / MEDIA MIX
Feb 15, 2020
Unmarried single parents find an unlikely ally in scrap over tax deduction
The ruling Liberal Democratic Party submitted an amendment to the Diet in January to expand the "widow's deduction" to cover single parents who have never been married. This system allows single parents who have lost spouses to death or divorce to deduct a certain amount of money from their taxable income...
Japan Times
BUSINESS
Jan 21, 2020
Macron and Trump declare a truce in digital tax dispute
French President Emmanuel Macron said Monday he had a "great discussion" with U.S. President Donald Trump over a digital tax planned by Paris and said the two countries will work together to avoid a rise in tariffs.
Japan Times
ASIA PACIFIC
Jan 16, 2020
In Hong Kong 'collapse,' government falls months behind on collecting taxes
Hong Kong is behind on its taxes.
Japan Times
BUSINESS
Dec 17, 2019
Germany to raise carbon emission price to €25 per metric ton in 2021 after pressure, sources say
Germany will raise the price for carbon dioxide emissions from transport and heating buildings to €25 ($27.56) per metric ton from 2021 after a proposed €10 price tag was criticized for being too low, government sources said on Monday.
Japan Times
BUSINESS / Companies
Dec 9, 2019
LDP plans tax breaks to help spread 5G networks
The Liberal Democratic Party's tax panel is planning to give preferential tax treatment to mobile phone carriers and others to help spread fifth-generation, or 5G, high-speed wireless communications services.
Japan Times
JAPAN / Politics
Dec 7, 2019
Japanese government may offer companies 25% tax break on investment in startups
The government and ruling coalition plan to allow companies to deduct 25 percent of the amount they invest in startups from their taxable income, informed sources said Friday.
BUSINESS
Dec 5, 2019
Japan considering tax breaks for firms that invest ¥10 million in startups
Government and ruling coalition officials are considering giving tax breaks to small and midsize companies that invest ¥10 million or more in startups, sources familiar with their discussions said Wednesday.
A prophesied disaster (likely) won’t strike Japan this weekend
A viral manga prediction of a July 5 disaster has gripped Japan with anxiety and triggered an economic impact, but experts warn that while such dates are unreliable, the threat of a massive earthquake remains real. 
Magnitude 5.5 earthquake jars Tokara Islands amid flurry of seismic activity
A strong quake struck off the Tokara Islands on Thursday afternoon, with the island chain having recorded around 1,000 earthquakes since a burst of seismic activity first began on June 21.
Japan to require flight passengers to keep power banks within sight
The transport ministry has announced new regulations requiring flight passengers to keep power banks within sight to mitigate fire risks while on board planes.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Residents of Tokara Islands begin evacuation as seismic swarm continues
Details about evacuations from Akuseki Island, located in the Tokara island chain in Kagoshima Prefecture, is seen written on a whiteboard in the city of Kagoshima on Thursday.
Ghibli’s Isao Takahata exhibit shows how beloved anime is made
“The man who planted Japanese animation” exhibition includes a variety of sketches, drawings and animation cels from Isao Takahata films such as color design for characters by Michiyo Yasuda from "Grave of the Fireflies."
Flag football facing challenges and opportunities ahead
Japan’s women’s flag football team at the 2025 International Bowl in Los Angeles in June. The sport is enjoying continued growth in the country.
From Hokusai’s Great Wave, shinkansen to One Piece: a cultural treasure box for Lego Japan
Michael Ebbesen, general manager of Lego Japan, says Lego bricks based on Japanese culture have a rich global appeal and are sellable around the world.
With farmed fish, RelationFish swims against the tide in fine dining
Chef Hideaki Matsuo (middle) and the staff of Oseto Suisan Fisheries prepare to check on their sustainably farmed fish.
As Southeast Asia heats up, a Japanese cooling giant sees a major opportunity
An employee of Daikin Cambodia explains the use of different tools during an air conditioner installation training session in Phnom Penh. Daikin is one of Japan’s oldest air conditioning companies, but as Japan’s population falls, the firm is keying in on overseas growth.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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