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May 07, 2024
 

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U S TAXES

Japan Times
WORLD
Nov 23, 2022
U.S. Supreme Court clears way for lawmakers to get Trump's tax returns
Trump was the first president in 40 years not to release his tax returns as he sought to keep the details of his wealth and the activities secret.
Japan Times
JAPAN
Nov 22, 2022
Kishida's hunt for cash to fund defense buildup
Alarmed by rising tensions in Ukraine and Taiwan, many in the country want a stronger deterrent, but few in the heavily indebted nation want more taxes to pay for it.
Japan Times
JAPAN
Nov 21, 2022
Panel says public must shoulder burden of strengthening Japan's defenses
The draft proposal rejected relying on government bond issues, and said that 'the burden must be shouldered by the public through a wide range of taxes.'
Japan Times
BUSINESS
Nov 19, 2022
Japan to beef up stock option tax breaks in bid to foster startups
Under the plan, executives and employees at startups will be eligible for a tax preference if they exercise stock options within 15 years after the right is granted.
Japan Times
BUSINESS
Nov 18, 2022
Japan likely to discuss mileage tax as electric vehicles become standard
Amid expectations that more vehicles will run on electricity and hydrogen instead of gasoline, the government will seek a new source of tax revenue that can replace the current tax on fuels.
Japan Times
BUSINESS / Economy
Nov 7, 2022
Japan spent ¥45.5 billion in tax money wastefully in fiscal 2021, government reports
There were 310 reported cases of wasteful spending, the Board of Audit of Japan has said, following a slump in the number of on-site inspections by board staff during the pandemic.
Japan Times
BUSINESS
Nov 6, 2022
Japanese government sounds alarm over U.S. EV tax credits
Eligibility for the credit is 'not consistent' with the shared policy between Tokyo and Washington to build resilient supply chains by working with allies and partners, Japan said.
Japan Times
BUSINESS
Oct 17, 2022
LDP tax head says Japan could hike taxes to fund defense spending rise
Japan has little room left to increase the funding, leaving the country with options such as spending cuts, tax hikes and additional debt issuance.
Japan Times
BUSINESS
Oct 12, 2022
Local Japan governments eye taxes to prevent deforestation by renewable energy firms
While the use of renewable energy sources is growing, local communities are worried about the environmental destruction the creation of such facilities may cause.
Japan Times
BUSINESS
Oct 3, 2022
U.K.'s Truss forced into humiliating U-turn on tax policy
Just hours after Truss went on television to defend the policy, her finance chief released a statement saying he accepted it had become a distraction.
Japan Times
BUSINESS
Oct 2, 2022
Number of Japan firms levied pro forma tax down 33% from peak level
Government officials believe that a significant number of firms may have reduced their capital to under u00a5100 million, a threshold for imposition of the tax, to evade paying it.
Japan Times
JAPAN / Explainer
Oct 2, 2022
Tax breaks, local specialties: What to know about Japan’s furusato nōzei program
Foreign residents had difficulty taking advantage of the program due to a lack of information in languages other than Japanese — until now.
Japan Times
JAPAN
Sep 28, 2022
New platform encourages Japan's foreign residents to use tax donation programs
The furusato nu043eu0304zei program allows people to give tax payments to prefectures and municipalities in exchange for gifts, but uptake among non-Japanese has been low.
Japan Times
BUSINESS
Sep 23, 2022
Kishida pitches permanent tax-free savings program at New York Stock Exchange
Kishida also said his new capitalism policies should be as powerful as Japanese baseball star Shohei Ohtani, as it could help the Japanese economy achieve 'growth and sustainability.'
Japan Times
JAPAN / Politics
Sep 17, 2022
Japan floats issuance of government bonds and higher taxes to cover defense costs
The government is considering issuing special bonds to achieve a substantial increase in defense spending, with an eye to hiking taxes in the future to pay back the debt.
Japan Times
COMMENTARY / World
Sep 5, 2022
Will the Supreme Court come to rescue of U.S. expats?
The U.S. is unique in tormenting its citizens abroad with tax obligations. But the U.S. Supreme Court could show mercy.
Japan Times
COMMENTARY / World
Aug 24, 2022
A 'sober-curious' generation leaves Japan with a hangover
Should the tax arm of the government be encouraging people to drink, even in moderation?
Japan Times
BUSINESS
Aug 24, 2022
Environment Ministry planning biodiversity conservation tax breaks for fiscal 2023
The move aims to encourage nature conservation efforts by the private sector in order to achieve a G7 goal of protecting at least 30% of land and oceans as healthy ecosystems by 2030.
Japan Times
BUSINESS
Aug 2, 2022
Liquor tax revenue dives in Japan amid pandemic
Both the size of the fall and the rate of decrease were the largest in 31 years since the impact of a drastic revision of the Liquor Tax Law in fiscal 1989.
Japan Times
BUSINESS / Companies
Jul 29, 2022
Toyota’s lobbying blitz gets results in U.S. Senate deal
The auto giant's efforts appear to have paid off, as an electric-vehicle tax credit extension the company had championed made it into a $369 billion climate and energy package.
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.
Sapporo court ruling on Ainu fishing rights presents tough questions
A traditional Ainu preserved food called <i>satchep</i> (dried fish) being made at the government-run National Ainu Museum and Park, nicknamed Upopoy, in the town of Shiraoi, Hokkaido, on Dec. 25. The Sapporo District Court ruled last month that the Raporo Ainu Nation's rights as an Indigenous people did not extend to having an inherent right to fish for commercial reasons.

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