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May 07, 2024
 

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U S TAXES

EDITORIALS
Dec 14, 2013
A fair division of tax revenues
The central government should try to work out a permanent system of distributing prefectural corporate taxes to local governments that will help stabilize local revenue and decentralize administrations.
Japan Times
BUSINESS
Dec 3, 2013
For e-book sellers, tax hike distorts field
Japanese publishers and distributors of electronic books are increasingly alarmed by the upcoming consumption tax hike in the absence of a system to tax e-books and other digital content purchased from overseas vendors such as the U.S.-based Internet giant Amazon.com Inc. and Japanese online vendor Rakuten Inc.'s Canada unit.
BUSINESS
Nov 29, 2013
IRS rules on nonprofits foster debate on advocacy groups in politics
For the first time since 1959, American nonprofit advocacy groups face new Internal Revenue Service rules governing their political activities, an area of the tax code that has been crying out for greater clarity.
BUSINESS
Oct 25, 2013
IRS contractors owe millions in back taxes: U.S. report
In his second report criticizing the Internal Revenue Service this week, the U.S. Treasury Department's inspector general said the agency's contractor employees owe millions of dollars in back taxes — even though its own workers must submit their tax payments on time.
WORLD / Politics
Oct 21, 2013
How much did the shutdown cost? Billions
Shutdowns aren't cheap. This year's closure, which ended Thursday, has probably cost the government and the economy billions of dollars, according to economists and policy analysts.
WORLD / Politics / ANALYSIS
Oct 17, 2013
U.S. debt deal sets up new risks to growth
The deal reached by Congress on Wednesday to end the government shutdown and raise the debt ceiling would avert a financial catastrophe but leave the weakened U.S. economy facing new threats.
Japan Times
WORLD / Politics
Oct 13, 2013
Senate opens talks on end to shutdown
Senate leaders began negotiations Saturday aimed at reopening federal agencies and avoiding a government default after every other effort to end Congress' impasse crumbled in the previous 48 hours.
Japan Times
WORLD / Politics / ANALYSIS
Sep 29, 2013
Shutdown quandary shows Washington's breakdown
Washington once again stands at a moment of crisis — only this time, Democrats and Republicans are not negotiating a way to avoid it. They are not even speaking to one another.
BUSINESS
Sep 27, 2013
Obama draws line in sand on health law, debt ceiling
To the chagrin of many in his own party, President Barack Obama has almost always been willing to negotiate — on taxes, on spending, even on the social safety net.
BUSINESS
Sep 27, 2013
Republican hard-liners block plan to avoid U.S. defaulting on debt
The Republican Party's right wing on Thursday blocked a strategy by House Speaker John Boehner for navigating a series of deadlines to keep the government funded and avoid a first-ever U.S. debt default.
EDITORIALS
Sep 15, 2013
Keep tuition exemption
The government should increase taxes on wealthy families rather than exclude their children from the high school tuition exemption and support system.
Japan Times
WORLD / Politics
Sep 15, 2013
Conservative Club for Growth targets 'Obamacare'
The first sign that Republican leaders could not control their new majority came on a vote to help Americans who lose their jobs to foreign workers. House Majority Leader Eric Cantor considered the measure routine and in February 2011 put it on a list of bills that were expected to pass without objection.
BUSINESS / Economy
Aug 30, 2013
White House, Republicans give up on budget talks
The Obama administration and a group of Republican senators on Thursday abandoned efforts to hammer out a budget deal and avoid a showdown over the national debt, saying they had failed to resolve their long-standing dispute over taxes.
Japan Times
WORLD / Politics
Aug 26, 2013
U.S. government not shrinking fast
After 2½ years of budget battles, the U.S. federal government is on pace this year to spend $3.455 trillion.
Japan Times
BUSINESS / Economy
Aug 2, 2013
Tax delay and Fed paring called threat to JGB bubble
Takeshi Fujimaki, a former adviser to billionaire investor George Soros who won a seat in the Upper House election last month, said a delay in increasing the sales tax and a reduction in the U.S. Federal Reserve's stimulus could cause the Japanese government bond "bubble" to burst.
Japan Times
BUSINESS
Aug 2, 2013
Freddie Mac vet Koskinen nominated to lead IRS
President Barack Obama on Thursday nominated John Koskinen to head the embattled Internal Revenue Service.
Japan Times
BUSINESS
Jul 31, 2013
Obama offers deal over taxes, jobs
President Barack Obama on Tuesday proposed spending more on creating jobs in exchange for an overhaul of business taxes. But the idea quickly devolved into the type of partisan finger-pointing that shows why any agreement will be so difficult.
JAPAN / Crime & Legal
Jul 29, 2013
Kabukicho clinic chief hid ¥350 million, pays back taxes
The head of a clinic providing after-hours medical care in Tokyo's Kabukicho entertainment district has been singled out by the Tokyo Regional Taxation Bureau for fudging his income and concealing ¥350 million of it, sources revealed Monday.
Japan Times
BUSINESS / YEN FOR LIVING
Jul 22, 2013
Golf courses adjust to harsher economics and changing demographics
Golfers in Japan are getting older, with no one to replace them when they're gone.
BUSINESS
Jul 20, 2013
G-20 vows to prioritize employment, economic growth in short term
The finance chiefs of the Group of 20 major economies pledge to take necessary steps to boost job creation and economic growth as a near-term priority.
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.
After blockbuster boxing victory, what next for ‘Monster’ Inoue?
Naoya Inoue celebrates his victory over Luis Nery in their IBF-WBA-WBC-WBO super bantamweight title boxing match at Tokyo Dome on Monday.
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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