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July 05, 2025
 

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TAXES

BUSINESS / Economy / ANALYSIS
Jul 1, 2019
Abe sticks with plan to raise Japan's consumption tax despite weak tankan results
Analysts say all signs point to the October increase going ahead as planned.
Japan Times
WORLD / Politics
Jun 25, 2019
Candidate Bernie Sanders calls for canceling $1.6 trillion in student loan debt
U.S. presidential contender Bernie Sanders proposed a plan on Monday to cancel $1.6 trillion in student loans and pay for it with a tax on Wall Street, elevating the issue in the 2020 debate and going beyond proposals from his Democratic White House rivals.
Japan Times
WORLD
Jun 24, 2019
Billionaires from George Soros to Pritzker and Disney heirs call for U.S. wealth tax
Some of the richest people in the U.S. are calling for a federal wealth tax.
Japan Times
WORLD / Politics
Jun 15, 2019
U.S. Treasury chief on solid ground in withholding Trump tax returns, Justice Department says
U.S. Treasury Secretary Steven Mnuchin did not violate the law by refusing to provide President Donald Trump's tax returns to Congress because the confidentiality of returns is protected under the law, the Justice Department said in a legal opinion released Friday.
Japan Times
BUSINESS
Jun 10, 2019
G20 finance chiefs in Fukuoka warn 'intensified' trade dispute could damage global growth
Amid growing concerns due to escalating tensions over trade, Group of 20 finance ministers ended their two-day meeting in Fukuoka with a shared message: Trade friction is a downside risk for the global economy.
BUSINESS / Economy
May 30, 2019
Japan business lobby JCCI urges sales tax hike to proceed as planned
The head of a Japanese business lobby said a planned sales tax hike should proceed in October to sustain the social security system for a rapidly graying population, despite calls from elsewhere to postpone it given growing economic challenges.
Japan Times
BUSINESS
May 27, 2019
Warning that tax hike would doom Abenomics, former aide vows to convince PM to delay yet again
Prime Minister Shinzo Abe should postpone the consumption tax increase scheduled for October or face the failure of Abenomics, his six-year economic revival program, according to one of the architects of that program.
Japan Times
BUSINESS
May 14, 2019
As the world hands out subsidies, U.S. states start hitting drivers of electric cars with higher fees
The rest of the world is handing out subsidies and incentives to speed up adoption of electric cars. But in nearly half of U.S. states, driving a battery-powered car requires paying additional fees.
Japan Times
WORLD / Crime & Legal
May 14, 2019
Trump urges judge not to fast-track his lawsuit over House subpoena
U.S. President Donald Trump on Monday objected to a judge's plan to fast-track his lawsuit seeking to block a congressional subpoena for information about eight years of his personal and business finances.
WORLD / Politics
May 11, 2019
U.S. House panel subpoenas Trump's tax returns
U.S. House Ways and Means Committee Chairman Richard Neal on Friday subpoenaed President Donald Trump's tax returns, giving the U.S. Treasury and Internal Revenue Service one week to turn over the tax records.
Japan Times
WORLD / Politics
May 8, 2019
Trump claimed business losses of $1.17 billion over a decade, report says
U.S. President Donald Trump, who won the presidency in part on his image as a successful business mogul, lost $1.17 billion over 10 years on failed business deals, according to tax records obtained by The New York Times.
Japan Times
BUSINESS / Economy / ANALYSIS
Apr 26, 2019
Abe's poker face: If Japan's leader is wavering on tax hike resolve, how will we know?
Twice before, Prime Minister Shinzo Abe has backed away from the sort of sales tax hike that toppled at least one predecessor. Now, he faces the same dilemma again.
Japan Times
WORLD / Crime & Legal
Apr 24, 2019
Trump 'not inclined' to release tax returns despite congressional deadline
U.S. President Donald Trump is unlikely hand over his tax returns to lawmakers despite a Tuesday congressional deadline facing the Treasury Department and Internal Revenue Service, a White House spokesman said on Tuesday.
Japan Times
WORLD / Politics
Apr 23, 2019
Candidate Sen. Elizabeth Warren proposes scrapping student-loan debt for millions
Democratic presidential candidate Elizabeth Warren proposed eliminating student-loan debt for an estimated 42 million Americans with a wealth tax, seeking to show young voters she would ease one of their biggest economic burdens.
Japan Times
BUSINESS / Economy
Apr 15, 2019
OECD secretary-general urges Japan to pull trigger on tax hike and pursue structural reforms
A top OECD official says the scheduled consumption tax hike to 10 percent this fall is “essential” to ensure Japan's fiscal sustainability.
Japan Times
ASIA PACIFIC / Politics
Apr 11, 2019
Taxation, climate and inequality to top campaign as Australian PM Scott Morrison calls May 18 poll
Australians will go to the polls in a general election on May 18 after Prime Minister Scott Morrison fired the starting gun Thursday on a campaign set to be fought over taxation, climate change and inequality.
Japan Times
WORLD / Politics
Apr 6, 2019
Fight begins over Trump's taxes as lawyer slams Democrats' request for returns
An attorney for President Donald Trump on Friday blasted U.S. House Democrats' request for six years of Trump's tax returns as "a misguided attempt" to politicize the tax laws, accusing lawmakers of harassment and interference in IRS audits.
Japan Times
WORLD / Politics
Apr 5, 2019
GOP Sen. Chuck Grassley blasts Democrats for using tax return demand as 'pretext' to get Trump
Senate Finance Committee Chairman Chuck Grassley blasted House Ways and Means Chairman Richard Neal for demanding that the IRS turn over President Donald Trump's tax returns.
Japan Times
WORLD / Politics
Mar 17, 2019
Yellow vest protest violence flares as demonstrations enter fourth month
Rioters set fire to a bank and ransacked stores on Paris's Champs Elysees avenue on Saturday in a new flare-up of violence as France's yellow vest protests against President Emmanuel Macron and his pro-business reforms entered a fourth month.
Japan Times
BUSINESS
Mar 17, 2019
Forget consumption tax hike and give structural reform another try, ex-economy chief Heizo Takenaka says
Prime Minister Shinzo Abe should again abandon his oft-delayed plan to hike the consumption tax this year because it risks pushing Japan's economy into recession and hampering efforts to generate stable inflation, according to former economy minister Heizo Takenaka.
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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