Tag - taxes

 
 

TAXES

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.'
Japan Times
COMMENTARY / World
Jul 23, 2017
India's botched tax reform
Prime Minister Narendra Modi's new goods and services tax is both messy and disruptive.
Japan Times
WORLD / Politics
Jun 4, 2017
Trump filed for extension on 2016 tax returns, report says
Donald Trump filed for an extension to submit his 2016 tax returns, NBC News reported Saturday citing a White House official, the latest reminder that the billionaire president continues to break with tradition and has not released his tax history.
Japan Times
WORLD / Politics / ANALYSIS
Apr 30, 2017
Economists disagree with Trump's two-dimensional view of U.S. trade deficit
By President Donald Trump's math, renegotiating the North American Free Trade Agreement and other deals will largely pay for the massive tax cuts his Cabinet laid out this past week.
Japan Times
COMMENTARY / Japan / SENTAKU MAGAZINE
Apr 23, 2017
The poverty of politics and tobacco policy
The government is caught in a trap of its own making — how does it stay in the business of selling tobacco while promoting public health?
Japan Times
COMMUNITY / Voices / FOREIGN AGENDA
Apr 12, 2017
Resisting Trump's America: why we march in Japan, again
On April 15 we will gather again in Tokyo to peacefully protest in solidarity with over 150 sister marches worldwide to demand the release of President Trump's complete tax returns since 2005.
EDITORIALS
Mar 11, 2017
Hometown tax donation system
The hometown tax donation program is rife with problems and should be abolished.
Japan Times
JAPAN / EXPLAINER
Feb 27, 2017
Tax break for OTC drugs seeks to get Japanese managing their health, not swarming clinics
Buying medicine at a drugstore can now save you taxes.

Longform

The byzantine process for converting a foreign driver’s license into a Japanese one entails mountains of paperwork and significant stamina — unless you're a lucky license holder from a country or region where these requirements are waived.
Driving in Japan isn’t hard. Getting the license is.