Gov't panel to call for sales tax hike in reform proposals

Gov't panel to call for sales tax hike in reform proposals

TOKYO, Japan - Yutaka Kosai, chairman of government's Tax Commission, speaks to reporters in Tokyo on Nov. 5 after a plenary session of the panel, which agreed on an outline of its tax reform proposals for fiscal 2008 centering on a hike in the consumption tax. (Kyodo)

  • Product Code
  • ILEA000037651
  • Registered date
  • 2007/11/05 00:00:00
  • Credit
  • Kyodo / Kyodo News Images
  • Media source
  • Media size
  • 1228 × 1730 pixel
  • Resolution
  • 72 dpi
  • Deployment size
  • 300.00(KB)*
  • Special instruction

*File size when opened in Photoshop, etc.

Similar Images & Videos

    International conference on Osaka expo

    OSAKA, Japan Kyodo - Attendees pose for a photo on the first day of a two-day international conference on the Osaka expo in Osaka on Nov. 14, 2023. The Japan Association for the 2025 World Exposition held the meeting to provide information on the expo's pavilions for countries and international organizations planning to participate. (Kyodo)
      Copper fiber sheet commercialized by Good Eye

      Copper fiber sheet commercialized by Good Eye

      Good Eye (Kiryu City, Gunma Prefecture) will release GUD Sheet, a copper fiber sheet with antibacterial and antiviral effects, in June. The company commercialized four types of masks, including one priced at 4,980 yen (excluding consumption tax). The GUD sheet is a polymer fiber covered with copper foil and coated with a visible light responsive photocatalyst. In an experiment on bacteriophage, a virus that infects bacteria, it was confirmed that rubbing a finger covered with the virus on the sheet for 30 seconds reduced the number of the virus to less than 1/1000.Professor Hideyuki Itabashi of the Graduate School of Science and Engineering, Gunma University, who also serves as the company's chairman, said, "We hope to start experiments in July. The photo shows copper fiber sheets commercialized as masks and chiefs. (Photo taken on May 19, 2020, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)
        Nihon Vital's "Kaisei".

        Nihon Vital's "Kaisei".

        Taking a hint from the fact that insects find flowers by the wavelength and light intensity of sunlight, the company has developed an "insect eye sensor" that tracks sunlight. It efficiently collects sunlight. The six optical fibers can be extended up to one kilometer and can illuminate 500 square meters. It is about 2 meters long, 2 meters wide and 2.5 meters high. The price starts at 5 million yen (excluding consumption tax). It has been used in buildings and train stations in Kumamoto Prefecture, and its sales have been about 100 million yen. It can also be used to cut infrared rays and ultraviolet rays. The company is currently producing them overseas, but will switch to domestic production within this year. The price will start at 250,000 yen (same as above). "The market for solar concentrators is worth about 20 billion yen. President Yokozawa hopes to capture a 20% share of this market. (Photo taken on December 19, 2019, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)
          Muscle Suit Every", a wearable robot from Innophis

          Muscle Suit Every", a wearable robot from Innophis

          Sales of Muscle Suit Every, a wearable robot produced by Innophis (Shinjuku Ward, Tokyo), are increasing rapidly, thanks to the company's decision to lower the price of the new model from 498,000 yen to 136,000 yen (excluding consumption tax) when it was launched in November.Muscle suits have been known to reduce the burden of back pain in nursing care and agricultural work. "However, many customers were reluctant to buy them because they cost around 500,000 yen,' he said. The company has expanded its sales channels, and the general public has come to see the product in stores. "In addition to conventional customers, inquiries come from many fields, such as home care," he said, raising a happy cry. (Photo taken on December 18, 2019, location unknown, credit: Nikkan Kogyo Shimbun / Kyodo News Images)
            Japan's July-Sept. GDP growth

            Japan's July-Sept. GDP growth

            Photo shows a special sale held at an apparel shop in Tokyo on Sept. 30, 2019, the eve of Japan's consumption tax hike from 8 percent to 10 percent. The country's inflation-adjusted gross domestic product expanded an annualized real 0.2 percent in the July-September quarter, helped by a last-minute rise in demand ahead of the tax increase. (Kyodo) ==Kyodo
              TOP Water Systems' Mobile Water Purification System for Disaster "TOP Rescue RO II

              TOP Water Systems' Mobile Water Purification System for Disaster "TOP Rescue RO II

              Top Water Systems (Ota-ku, Tokyo) will develop a new, smaller and lower-priced version of its TOP Rescue RO II (photo), a mobile water purification system for use during disasters. The company aims to complete the product by June 2020, with a sales target of 100 units for the first year. The size is expected to be less than one-third of the conventional models. The RO II is priced at 6 million yen (excluding consumption tax), and the new product aims to be priced at less than 1 million yen. We will continue to sell the ROII as our main product, but we will expand the market by adding compact products that can be installed in any location, including homes, in order to create a synergistic effect. The RO II has been improved to supply not only water for domestic use and drinking, but also sanitary water for medical use. (Photo taken on October 17, 2019,credit: Nikkan Kogyo Shimbun / Kyodo News Images)
                Consumption tax hike

                Consumption tax hike

                Photo taken Oct. 4, 2019, shows a signboard of a Seven-Eleven convenience store in Tokyo. Japan's consumption tax was raised to 10 percent from 8 percent on Oct. 1. (Kyodo) ==Kyodo
                  Image of Receipt for Reduced Tax Rate

                  Image of Receipt for Reduced Tax Rate

                  Groceries are calculated separately even at 100 yen stores. A 100-yen store in Chuo-ku, Tokyo, on October 1, 2019. Credit: Nikkan Kogyo Shimbun / Kyodo News Images
                    Image of Receipt for Reduced Tax Rate

                    Image of Receipt for Reduced Tax Rate

                    Groceries are calculated separately even at 100 yen stores. A 100-yen store in Chuo-ku, Tokyo, on October 1, 2019. Credit: Nikkan Kogyo Shimbun / Kyodo News Images
                      Image of Receipt for Reduced Tax Rate

                      Image of Receipt for Reduced Tax Rate

                      Groceries are calculated separately even at 100 yen stores. A 100-yen store in Chuo-ku, Tokyo, on October 1, 2019. Credit: Nikkan Kogyo Shimbun / Kyodo News Images