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August 05, 2026
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TAXES
JAPAN
Aug 4, 2026
Donations to quake-hit Kumamoto via hometown tax system reach ?730 million
The figure represents the total amount of donations made through four major furusato nšzei portal websites, according to the top government spokesperson.
JAPAN
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Politics
Aug 3, 2026
LDP members worry about two-year tax cut¡¯s impact on 2028 poll
Under the plan, the consumption tax rate on food will be lowered to 1% for two years from next April.
JAPAN
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Politics
Aug 3, 2026
Opposition DPP not to join ruling bloc for now, citing consumption tax cut
Some in the LDP sought to realize the DPP¡¯s participation before an extraordinary session of parliament is convened possibly this autumn.
JAPAN
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Politics
Aug 2, 2026
Japan¡¯s politically sensitive consumption tax faces first-ever cut
Takaichi has championed a proposal to lower the tax rate on food purchased at stores, which would mark the first cut to the rate since it was implemented in 1989.
JAPAN
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Politics
Jul 30, 2026
Takaichi announces plan to lower consumption tax rate on food to 1%
The decision comes despite opposition party criticism and concerns among fellow LDP members about how lost revenue ¡ª ?5 trillion annually ¡ª from the reduction would be covered.
JAPAN
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Politics
Jul 29, 2026
Takaichi finalizing plan to cut consumption tax rate on food products
The prime minister is expected to make a formal decision on the matter as early as Thursday.
BUSINESS
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Economy
/
FOCUS
Jul 28, 2026
Takaichi¡¯s long-term vision may fail to dispel inflation angst
The one issue on which voters sought quick and clear action ¡ª a reduction of the sales tax on food ¡ª has made slow progress.
JAPAN
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Politics
/
FOCUS
Jul 27, 2026
After a legislative sweep, Takaichi faces public confidence test
A recent poll shows 71% of respondents disapproved of the government¡¯s response to rising living costs as talks remain stalled over a reduction of the consumption tax for food.
BUSINESS
Jul 23, 2026
Former head of Japanese barbecue chain arrested over tax evasion
The 55-year-old former president of New Look is suspected of evading some ?367 million in income tax by concealing about ?2.276 billion in income in 2023.
JAPAN
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Politics
Jul 16, 2026
Parties agree on new benefit program but stay divided over consumption tax on food
While there is agreement to a refundable tax credit for certain workers, debate on cutting the consumption tax on food is expected to intensify.
JAPAN
/
Crime & Legal
Jul 15, 2026
Japanese social media influencer given suspended sentence over tax evasion
The Tokyo District Court also imposed a fine of ?40 million on an advertising agency for which influencer Reika Kuroki serves as president.
JAPAN
Jul 9, 2026
City in Osaka Prefecture to tax vacant houses from fiscal 2029
Annual revenue from the tax is estimated to reach ?139 million, which will be used for measures against crimes and natural disasters.
COMMENTARY
/
World
Jul 6, 2026
King Charles just got a lot more treasure
Charles¡¯ mother Queen Elizabeth II began paying tax only after a public outcry at the government¡¯s decision to pay for expensive repairs to Windsor Castle after a fire in 1992.
JAPAN
Jul 4, 2026
Japan tax revenues hit record ?84 trillion in fiscal 2025
The growth reflected higher wages and corporate earnings, as well as a rise in the value of consumption amid inflation.
JAPAN
Jul 1, 2026
Japan triples departure tax in push to combat overtourism
Previously set at ?1,000, the tax has risen to ?3,000 for all travelers departing Japan, regardless of nationality.
BUSINESS
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Economy
Jul 1, 2026
Roadside land prices rise in popular Japanese tourist sites
Across the board, the prices of land facing major roads in Japan as of Jan. 1 went up by 2.9%, marking a fifth consecutive year of increases.
JAPAN
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Politics
Jun 27, 2026
Japan government to avoid deficit-covering bonds for food tax cut
The move to avoid the issuance of deficit-covering bonds follows a policy that Prime Minister Sanae Takaichi has consistently emphasized.
BUSINESS
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Economy
Jun 25, 2026
Interim draft on two-year food tax cut presented
The proposal calls for reducing the tax rate to 1% for food for two years from April 2027.
JAPAN
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Society
Jun 22, 2026
Japan to fully digitalize airport customs system by 2030
The phasing-out of paper customs declaration forms is among measures eyed by the Finance Ministry to handle the inbound movement of people and goods more efficiently.
JAPAN
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Politics
Jun 22, 2026
Takaichi says consumption tax cut would last only two years
Asked if the cut would expire after two years even if the economy worsened, the prime minister said the measure is only ¡°a bridge¡± until a refundable tax credit program is created.
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