ILEA000117064: Japan to postpone tax hike if economy worsens to level before late 2012

China says 2017 military budget to expand around 7%

Fu Ying, spokeswoman for the National's People's Congress, tells a press conference in Beijing on March 4, 2017 that China's military budget will expand around 7 percent in 2017 from the previous year. China's parliament starts its annual session the following day. (Kyodo) ==Kyodo

Japan's parliament approves tax hike delay to October 2019

Finance Minister Taro Aso (standing) bows to a House of Councillors chamber in Tokyo on Nov. 18, 2017, following approval of revised tax-related bills to push back a planned hike in the consumption tax from April 2017 to October 2019. (Kyodo) ==Kyodo

Tax panel calls for raising income threshold for spousal deduction

Minoru Nakazato, chairman of the Tax Commission, attends a press conference in Tokyo on Nov. 14, 2016, after a general meeting. The advisory body to Prime Minister Shinzo Abe proposed that the income threshold for the spousal tax deduction system be increased to encourage greater workforce participation by women. (Kyodo) ==Kyodo

OECD meets to expand efforts to fight tax avoidance

The Committee on Fiscal Affairs of the Organization for Economic Cooperation and Development start a two-day meeting in Kyoto, western Japan, on June 30, 2016, to expand global efforts to fight tax avoidance amid growing public concern following the revelations contained in the so-called Panama Papers. (Kyodo) ==Kyodo

Sales tax hike delay jeopardizes Japan's fiscal reform goal

Japanese Prime Minister Shinzo Abe (L) and Finance Minister Taro Aso chat during a House of Representatives plenary session in Tokyo on June 1, 2016. Abe's decision to postpone a planned consumption tax hike is likely to leave the debt-ridden country far behind in meeting its fiscal reform goal. (Kyodo) ==Kyodo