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July 05, 2025
 

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TAXES

Japan Times
WORLD / Crime & Legal
Mar 15, 2019
Steve Mnuchin says U.S. government would shield Trump tax returns from Congress
U.S. Treasury Secretary Steven Mnuchin said on Thursday that he would shield President Donald Trump's tax returns from Congress, during remarks that could signal the administration's approach to an expected request from congressional Democrats.
Japan Times
WORLD
Mar 10, 2019
Turnout in French 'yellow vest' protests falls to lowest yet
Turnout at "yellow vest" protests across France, a backlash against high living costs that has lasted nearly four months, fell on Saturday to its lowest level yet.
Japan Times
JAPAN / YEN FOR LIVING
Mar 5, 2019
Japan's tax laws get in way of more women working full time
One of the key elements of the Abe administration's efforts to stimulate the economy is getting more women into the workforce. As it stands, Japan has one of the highest rates of working women in the developed world, so the problem is not so much jobs but rather the quality of the jobs women get and...
Japan Times
BUSINESS / Economy
Mar 5, 2019
China to slash taxes and boost lending as government sets growth target of at least 6%
China lowered its goal for economic growth and announced a major tax cut, as policymakers seek to pull off a gradual deceleration while grappling with a debt legacy and the trade standoff with the U.S.
BUSINESS
Mar 4, 2019
French 3% tax on internet giants could yield €500 million yearly, says finance minister Le Maire
A 3 percent tax on the French revenue of large internet companies could yield €500 million per year, French Finance Minister Bruno Le Maire said on Sunday.
Japan Times
BUSINESS
Feb 18, 2019
Bill Gates backs taxing capital gains as best way to tap big fortunes and get wealthy to pay more
Bill Gates is concerned about the high budget deficits being run by the U.S., and said if taxes are ultimately increased to make up the shortfall, then it's appropriate for wealthy people to pay much higher taxes.
Japan Times
BUSINESS
Feb 12, 2019
Fear of filing? Instead of refunds, U.S. taxpayers finding they may owe IRS
Adam Oleson has enjoyed a tax refund every year for the past couple of decades. He normally counts on it to make an extra house payment, reduce student-loan debts or pay down the credit cards.
Japan Times
WORLD / Politics
Jan 20, 2019
French 'yellow vest' protests, in 10th week, relatively peaceful
Clashes broke out throughout France on Saturday as an estimated 84,000 "yellow vest" demonstrators took to the streets in a 10th consecutive weekend of protests against President Emmanuel Macron's government.
Japan Times
WORLD
Jan 13, 2019
'Yellow vest' protests hit with police water cannons and tear gas in Paris
Paris police fired water cannons and tear gas to push back "yellow vest" demonstrators from around the Arc de Triomphe monument on Saturday, in the ninth straight weekend of protests against French President Emmanuel Macron's economic reforms.
ASIA PACIFIC / Politics
Jan 13, 2019
India's Rahul Gandhi vows to reform sales tax and seek investment as election nears
India's main opposition Congress party will simplify the goods and services tax (GST) and take "rational economic decisions" to attract foreign investment if voted back to power in a general election due by May, its leader Rahul Gandhi said on Saturday.
EDITORIALS
Jan 12, 2019
Keep close eye on departure tax
The government must make sure the money from the new tax is going toward serving the needs of inbound tourists.
Japan Times
BUSINESS
Jan 11, 2019
Election handouts and other sweeteners threaten to upset India's plan to curb budget deficits
Less than a month before India's budget, risks are growing that Prime Minister Narendra Modi's government will miss fiscal targets for a second year in a row as it gives into populist pressures before a high-stakes election.
Japan Times
BUSINESS / ANALYSIS
Jan 11, 2019
Moon Jae-in doubles down on his unpopular economic agenda for South Korea
Moon Jae-in began his second full year as South Korea's president with a reminder of what didn't work in the first — namely his economic policies.
BUSINESS
Jan 4, 2019
Google shifted $23 billion to tax haven Bermuda via shell firm in 2017, filing shows
Google moved €19.9 billion ($22.7 billion) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce its foreign tax bill, according to documents filed at the Dutch Chamber of Commerce.
Japan Times
BUSINESS / Markets
Dec 17, 2018
Bank of Japan watchers see economic risks pushing back rate hike prospects
The Bank of Japan is more likely to wait until after next year's increase in the consumption tax before taking action to tighten monetary policy, given increasing risks to the economic outlook and recent market turbulence, a growing number of economists say.
Japan Times
JAPAN / FOCUS
Dec 11, 2018
Aging Japan: Neighboring suburbs face divergent futures as one grays, another grows
Katsuya Kodama's wife died two years ago, and the 77-year-old keeps her ashes on a Buddhist altar in their suburban home outside Tokyo.
Japan Times
WORLD / Politics
Dec 6, 2018
France drops fuel tax hike completely after suspension fails to quell 'yellow vest' anger
President Emmanuel Macron's government is dropping further fuel-tax hikes in next year's budget in the face of protests across France over living costs, his prime minister said on Wednesday, a day after announcing their suspension for six months.
JAPAN
Dec 1, 2018
Over half of Japanese choose not to obtain My Number cards: survey
The Cabinet Office finds more than half of 3,000 Japanese aged 18 or over questioned during survey have chosen not to obtain My Number social security and taxation identification cards.
Japan Times
BUSINESS
Nov 22, 2018
Trudeau cuts Canadian business taxes to keep pace with U.S. moves, deferring deficit reduction
Justin Trudeau is offering tax breaks to business instead of cutting Canada's deficit, as his Liberal government uses a revenue windfall to keep pace with U.S. tax reform.
Japan Times
JAPAN / YEN FOR LIVING
Nov 9, 2018
Effort to nudge Japan to go cashless with offsets to sales tax hike faces many hurdles
On Oct. 15, Prime Minister Shinzo Abe confirmed during an extraordinary Cabinet meeting that the government would raise the consumption tax from 8 to 10 percent next Oct. 1. The tax hike has already been postponed twice owing to jitters over how it might affect consumption. The last consumption tax increase,...
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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