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May 07, 2024
 

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U S TAXES

Japan Times
BUSINESS
Mar 11, 2023
Keidanren to seek tax use for raising Japan's birthrate
The country's top business lobby is calling for 'the best mix' of financial resources, including taxation, social insurance premiums and government bonds, together with spending reforms.
Japan Times
WORLD
Mar 10, 2023
Biden's $6.8 trillion budget challenges Republicans and raises taxes on rich
The president challenged Republican opponents on fiscal responsibility, highlighting plans to cut U.S. deficits nearly $3 trillion over 10 years by raising taxes on high earners.
Japan Times
JAPAN / Politics / FOCUS
Mar 9, 2023
Ten years on, reconstruction tax continues to stir debate
Critics have increasingly pointed out misuse of the budget, resulting in growing demands across the political spectrum for stricter criteria for allocating funds.
Japan Times
JAPAN
Mar 8, 2023
Nine social media influencers in Japan slapped with fines for back taxes
The nine influencers, all of them women and most of whom are in their 30s, failed to declare about ¥300 million in total in taxable income in the six years through 2021, sources said.
Japan Times
JAPAN
Feb 20, 2023
Undeclared income of wealthy in Japan hits record high
The undeclared income totaled ¥83.9 billion in the year through June 2022, up 72.3% from the preceding year.
Japan Times
BUSINESS
Feb 7, 2023
Vending machines make duty-free shopping easier for travelers in Japan
Travelers can pre-order items online and pick them up at automated retail machines at airports or other transport hubs in major cities including Tokyo.
Japan Times
JAPAN
Jan 30, 2023
Parliament begins budget talks amid focus on Kishida's tax plans
Attention is increasingly turning to when Kishida might call an election, especially given the divisive issue of tax hikes to pay for increased defense spending and child care policies.
Japan Times
JAPAN / Politics
Jan 29, 2023
Majority urge election before tax hikes to cover Japan defense budget rise
Some 77.9% of respondents in a poll urge Prime Minister Fumio Kishida to seek voter approval on his defense spending hike.
Japan Times
WORLD / Politics
Jan 29, 2023
Sunak fires Zahawi citing ‘serious’ ethics breach over taxes
U.K. Prime Minister Sunak said the probe of Nadhim Zahawi's tax situation has been concluded and fired the Conservative Party chairman.
Japan Times
JAPAN
Jan 25, 2023
CDP questions Kishida on defense spending, nuclear power and child care
Calling for a snap election, the CDP's Kenta Izumi blasted the prime minister for pursuing a tax hike for defense spending without parliamentary discussion.
Japan Times
JAPAN / Politics
Jan 24, 2023
Kishida's focus on child care leads to speculation over sales tax hike
Many fear a consumption tax hike could drag down business and household spending, hampering economic growth.
Japan Times
JAPAN
Jan 22, 2023
Kishida heads into parliamentary session with packed — and divisive — agenda
Contentious debates in the Diet over increased defense spending, policies aimed at children and extending the life of nuclear reactors could ultimately seal the prime minister's fate.
Japan Times
COMMENTARY / World
Jan 18, 2023
We’ll all pay for Uncle Sam’s cheap debt fantasies
By financing ballooning spending with short-term debt, the government failed to lock in record-low interest rates while it could. Now the piper has come to call.
Japan Times
WORLD / ANALYSIS
Jan 14, 2023
Russia may hike taxes as military spending and oil price weigh on budget
Russia is becoming too dependent on oil revenues to support its budget as it ramps up military spending, economists said, warning that the government may have to raise taxes.
Japan Times
JAPAN / Politics
Jan 8, 2023
Kishida's plan to combat Japan's low birthrate stirs talk of sales tax hike
The prime minister's plan to double the budget for children's policies has sparked controversy in the LDP, as questions remain over how to secure the needed funds.
Japan Times
JAPAN
Dec 28, 2022
Kishida says election to come before tax hike for defense
Kishida has unveiled plans for a 60% increase in defense spending over five years.
Japan Times
BUSINESS / Companies
Dec 27, 2022
Apple Japan faces ¥14 billion tax bill after treating bulk sales as duty-free
The Tokyo Regional Taxation Bureau found around u00a5140 billion in tax-exempt sales over a two-year period were fraudulent duty-free purchases to be resold for commercial purposes.
Japan Times
BUSINESS / Economy / ANALYSIS
Dec 25, 2022
Japan's focus on defense spending casts doubt on growth
Whether 1.5% growth will be realized depends on corporate wage hikes and the inflation situation.
Japan Times
COMMENTARY / World
Dec 22, 2022
I’ve seen Trump’s tax returns and now you can, too
Former President Trump's questionable practices are hardly news. But these tax returns may point to a bigger question: Did the White House corrupt the IRS?
Japan Times
WORLD / Politics
Dec 22, 2022
Trump’s taxes: Red flags, big losses and a windfall from his father
The congressional Joint Committee on Taxation reviewed the Trump returns and found dozens of red flags that it believed required further investigation.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
Japan says Biden's description of nation as xenophobic is 'unfortunate'
The National Diet building in Tokyo
Tokuryū, a new crime menace in Japan, emerges from the shadows
The National Police Agency coined the term "tokuryū" to classify individuals involved in dark part time jobs and quasi-gangsters, using the words "tokumei" (anonymous) and "ryūdo" (fluid) to reflect their characteristics.
Is Modi’s party heading for a stunning election loss?
Indian Prime Minister Narendra Modi's campaign tactics have escalated, including anti-Muslim rhetoric and fearmongering, reflecting his ruling party's desperation.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.
Japan’s tween skateboarders get head start on preparations for 2028 Olympics
Ibuki Matsumoto competes at an event in Osaka on April 21.
As visitors surge, Japan seeks ways to make tourism eco-friendly
Much like other hot spots across Okinawa, Onna has diligently strived to captivate both domestic and international tourists, while at the same time grappling with the environmental strain induced by the influx of visitors.
Kishida talks up bolstered Latin American ties as China cements position
Prime Minister Fumio Kishida holds a news conference in Sao Paulo on Saturday.
Debate on constitutional revision at a standstill despite Kishida's pledges
With less than two months left before the conclusion of the current session of parliament, any possibility that Prime Minister Fumio Kishida can deliver constitutional reform before the end of his term as Liberal Democratic Party president in late September, as he has promised, appears remote.

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