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July 05, 2025
 

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TAXES

EDITORIALS
Apr 4, 2018
Feasible fiscal consolidation scenario needed
The government should base the new deficit-reduction target on a more feasible growth scenario and engage in steady efforts to streamline its spending.
BUSINESS
Mar 31, 2018
New definition of beer gives Japanese breweries license to change
Japan will change its legal definition of beer on Sunday, allowing its lager-laden breweries to finally diversify and reinvigorate the stale market.
Japan Times
BUSINESS
Mar 30, 2018
Trump escalates attack on Amazon, focusing on tax and shipping but offering no evidence
U.S. President Donald Trump accused Amazon.com Inc. on Thursday of not paying enough tax, taking advantage of the U.S. postal system and putting small retailers out of business, but did not present any evidence to back up his criticisms or suggest any specific actions he planned to take.
JAPAN / YEN FOR LIVING
Mar 7, 2018
Shrine murder highlights huge amount of cash — most of it off-book — raked in by Japan's religious sites
In December, the former gūji (head priest) of Tokyo's famous Tomioka Hachimangu Shrine allegedly murdered his sister before committing suicide. Later, it was reported by various media that the suspect, Shigenaga Tomioka, had taken over the position from his father in 1995, but apparently the father...
Japan Times
COMMUNITY / How-tos / LIFELINES
Feb 21, 2018
What Trump's tax reforms mean for Americans in Japan
Changes under the U.S. Republican administration are likely to affect the bottom line for individuals and companies here alike.
Japan Times
BUSINESS
Feb 13, 2018
U.S. to push for 'reciprocal tax' on trade partners: Trump
U.S. President Donald Trump said Monday he will push for a "reciprocal tax" against countries, including allies of the United States, that levy tariffs on American products, but officials did not provide details on how such a tax would be structured or the goods to which it would apply.
BUSINESS
Jan 22, 2018
To show contribution to EU community, Facebook to open digital training hubs in Europe
Facebook said on Monday it will open three new centers in Europe to train people in digital skills and committed to training 1 million people over the next two years, part of the social media giant's drive to show its contribution to the bloc.
Japan Times
BUSINESS
Jan 11, 2018
South Korea's plans to ban cryptocurrency trading rattles market
The South Korean government on Thursday said it plans to ban cryptocurrency trading, sending bitcoin prices plummeting and throwing the virtual coin market into turmoil as the nation's police and tax authorities raided local exchanges on alleged tax evasion.
Japan Times
WORLD / Politics
Dec 19, 2017
U.S. Republicans appear all but certain to pass tax legislation after holdouts come on board
The Republican-controlled U.S. Congress appeared all but certain to pass sweeping tax legislation this week after two Senate Republican holdouts agreed on Monday to support a tax overhaul backed by President Donald Trump.
Japan Times
JAPAN / EXPLAINER
Dec 18, 2017
Japan set to bank ¥40 billion per year for tourism sector with new departure tax
From January 2019 Japan is set to impose a ¥1,000 tax on everyone departing the country, to secure funding for tourism infrastructure and promotion amid record-breaking arrivals of international travelers.
BUSINESS
Dec 8, 2017
LDP and Komeito draft reforms set to raise taxes for 5% of Japan's salaried workers
The ruling Liberal Democratic Party's tax panel broadly approved on Thursday a draft tax reform plan under which about 5 percent of all salaried employees in Japan would face higher income taxes.
Japan Times
BUSINESS
Dec 6, 2017
EU rubber-stamps tax haven blacklist as it goes after 'digital giants'
The European Union agreed on a tax blacklist of 17 countries that could potentially face sanctions for failing to bring their standards in line with the bloc, as it seeks to further step up its fight against opaque practices that facilitate avoidance by multinationals and individuals.
EDITORIALS
Dec 5, 2017
Craft income tax reforms carefully
The nation's income tax system should be adjusted to adapt to the diversification of the ways in which people now work.
Japan Times
WORLD / Politics
Dec 2, 2017
U.S. Senate approves sweeping tax overhaul
The U.S. Senate approved a sweeping tax overhaul on Saturday, moving Republicans and President Donald Trump a major step closer to their goal of slashing taxes for businesses and the rich while offering everyday Americans a mixed bag of changes.
Japan Times
BUSINESS / Economy
Dec 2, 2017
Japan plans to levy ¥1,000 departure tax starting in April 2019
Ruling bloc policymakers want to levy a u00a51,000 departure tax on all people leaving Japan by air or sea as part of its tax reforms for fiscal 2018.
EDITORIALS
Nov 30, 2017
Move slow on tax for departing travelers
Before the government introduces a new tax specifically designed to promote tourism, it should first explore whether such funds cannot be secured in other ways.
WORLD / Politics
Nov 3, 2017
U.S. Republican tax plan would let churches enter political fray
U.S. religious entities would be allowed to engage in political activity without the risk of losing their tax-exempt status under a Republican proposal to overhaul the tax code unveiled on Thursday, a move that could give influential community leaders more latitude to try to influence voters.
Japan Times
BUSINESS
Oct 27, 2017
Millions of U.S. Expats May Get Tax Relief, Financial Times Says
Millions of U.S. expatriates may pay less tax as Republicans eye the elimination of requirements for citizens abroad to pay taxes both overseas and in the U.S., the Financial Times has reported, citing House Ways and Means Committee chief Kevin Brady.
Japan Times
WORLD / Politics
Oct 13, 2017
Trump's tax plans provoke friction with IMF after study advocates social cohesion and less inequality
The International Monetary Fund spent decades telling the world's governments how to run their economies on an American-inspired blueprint that became known as the Washington Consensus.
Japan Times
COMMUNITY / How-tos / LIFELINES
Jul 23, 2017
Gift and inheritance tax reforms leave more of Japan's foreign residents liable
A reader writes to Lifelines about Japan's recently introduced inheritance tax law, which he calls 'one of the most punitive in the world.'
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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