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May 07, 2024
 

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U S TAXES

Japan Times
BUSINESS
Jul 27, 2022
Japan cryptocurrency groups seek tax cuts to halt talent exodus
Two industry associations will ask the government to stop taxing paper gains on cryptocurrency holdings if firms own them for purposes other than short-term trades.
Japan Times
BUSINESS / Economy
Jul 24, 2022
Tax cuts eyed for firms that invest in human resources
Yoichi Miyazawa, chairman of the LDP's tax system commission, on Sunday unveiled a plan to substantially cut corporate tax for companies active on investing in human resources.
Japan Times
BUSINESS
Jul 1, 2022
Japan's average land price up 0.5% in rebound from pandemic hit
While 20 of the country's 47 prefectures have seen increases, 13 more than in 2021, prices have continued to fall in others.
Japan Times
BUSINESS / Economy
Jun 21, 2022
Tax reform key for Japan’s ¥10 trillion startup push, says head of ruling party group
The government is set to put together a five-year plan by the end of 2022 that will seek to increase money going to startups tenfold.
Japan Times
JAPAN
Jun 19, 2022
Projected Tokyo Olympics total cost falls ¥30 billion to ¥1.42 trillion
The games' organizing committee will announce the official figure Tuesday, with the Tokyo Metropolitan Government's burden lightened by u00a520 billion.
Japan Times
BUSINESS / Economy
Jun 2, 2022
Japan's fiscal 2021 tax revenue to hit record high above ¥65 trillion
While corporate tax revenue for the year through March has so far increased 20% from a year earlier, income tax and consumption tax are also forecast to grow.
Japan Times
BUSINESS / Companies
May 3, 2022
Toyota nearly tapped out on U.S. electric vehicle tax credits
The Japanese company has sold 166,000 electrified vehicles as of the end of 2021, followed by Ford's 157,000.
Japan Times
JAPAN / Regional voices: Chubu
Apr 18, 2022
As furusato nōzei tax program thrives amid COVID-19 pandemic, some lose out
Not all municipalities are benefiting from the program, under which people give tax-deductible donations to municipalities and receive gifts such as local specialties in return.
Japan Times
BUSINESS / Companies
Mar 22, 2022
Netflix Japan unit fails to declare ¥1.2 billion in taxable income
About u00a5300 million in additional taxes, including on the underreported amount, is expected to be levied on the unit.
Japan Times
JAPAN
Feb 17, 2022
Kyoto eyes tax on empty houses and holiday homes to stem exodus of young people
The new tax — the first of its kind in Japan, according to the city — will target around 13,000 to 15,000 unoccupied residences in the historic city.
Japan Times
BUSINESS / Economy
Jan 28, 2022
COVID-19 pandemic unlikely to have 'scarring' effects on Japan economy, IMF says
While the current surge of the omicron variant could slow growth momentum in the first quarter of 2022, a 'strong rebound' is expected in the second quarter as the wave dissipates.
Japan Times
BUSINESS
Jan 14, 2022
Japan brings forward financial health projection to fiscal 2026
The bringing forward of the timeline is mainly due to envisaged increases in tax income, which is expected to continue growing gradually on the back of rising corporate tax revenues.
Japan Times
BUSINESS / Economy
Jan 13, 2022
Japan needs a major carbon tax hike, former vice minister says
Rintaro Tamaki, a former Finance Ministry official, says a 'price signal' would help the government change people's mindset on green issues.
Japan Times
COMMENTARY / World
Dec 28, 2021
Taxing economic credibility
All political leaders feel pressure to try to circumvent the laws of economics or even the laws of arithmetic — as Biden has done by claiming that his Build Back Better bill costs nothing.
Japan Times
BUSINESS / Markets / FOCUS
Dec 23, 2021
Kishida’s focus on wealth equality at odds with Japan's finance hub aspirations
Rather than cutting capital gains taxes, the prime minister floated the idea of raising them.
Japan Times
BUSINESS
Dec 17, 2021
Small investors won’t be hurt by capital gains tax reform, LDP lawmaker says
Changes are aimed at rectifying perceived unfairness and won't hurt people investing small amounts, according to Katsunobu Kato.
Japan Times
BUSINESS
Dec 15, 2021
Japan estimates record ¥65 trillion tax revenue in fiscal 2022
The government has also revised upward its estimate on tax revenue for fiscal 2021 by u00a56.43 trillion to u00a563.88 trillion.
Japan Times
BUSINESS
Dec 10, 2021
Kishida’s latest move to rejig Japanese capitalism focuses on wages
Kishida has made boosting middle-class incomes a centerpiece of his agenda, but many businesses don't have breathing room to consider wage increases.
Japan Times
COMMENTARY / World
Dec 8, 2021
Time to overhaul the global financial system
Banking regulations should be revised and a new and improved credit-rating system implemented to facilitate more lending to developing countries.
Japan Times
COMMENTARY / World
Dec 8, 2021
Yes, Americans can still hide bank accounts offshore
American citizens can get away with offshore accounts by using complicated trusts or soliciting family members overseas.
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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