Over 2.5-percentage-point cut in corporate tax eyed

Over 2.5-percentage-point cut in corporate tax eyed

TOKYO, Japan - Takeshi Noda (C), chairman of the ruling Liberal Democratic Party's Research Commission on the Tax System, enters the prime minister's office in Tokyo, Japan, on Dec. 26, 2014, for talks with Prime Minister Shinzo Abe. Prior to their meeting, Economic and Fiscal Policy Minister Akira Amari said it is "necessary" to cut Japan's 35 percent effective corporate tax rate by "more than 2.5 percentage points."

Komeito's tax chief visits Seoul on fact-finding mission

Komeito's tax chief visits Seoul on fact-finding mission

SEOUL, South Korea - Tetsuo Saito (C), chairman of the Komeito party's research commission on the tax system, visits a market in Seoul on Oct. 18, 2014, to observe how local shops handle South Korea's sales tax exemption for food and other specific items. The ruling coalition partner is convinced that Japan too should have similar exemptions on daily goods when raising its consumption tax from 8% to 10%.

LDP tax panel scraps plans to raise cigarette tax

LDP tax panel scraps plans to raise cigarette tax

TOKYO, Japan - Members of the ruling Liberal Democratic Party's (LDP) Tax System Research Commission are in session at Tokyo's Nagatacho on Dec. 12. The panel decided to scrap plans to raise taxes on cigarettes and low-malt brews known as ''happoshu'' in fiscal 2002.

LDP tax chief Amari

LDP tax chief Amari

Akira Amari, chairman of Japan's ruling Liberal Democratic Party Research Commission on the Tax System, is pictured in Tokyo on Sept. 30, 2021. Fumio Kishida, the new leader of the LDP and presumed next prime minister, is set to name Amari to the party's No. 2 post of secretary general, according to a senior party official.

LDP tax panel scraps plans to raise cigarette tax

LDP tax panel scraps plans to raise cigarette tax

TOKYO, Japan - Members of the ruling Liberal Democratic Party's (LDP) Tax System Research Commission are in session at Tokyo's Nagatacho on Dec. 12. The panel decided to scrap plans to raise taxes on cigarettes and low-malt brews known as ''happoshu'' in fiscal 2002.

Senior Komeito official sees need for multiple sales tax rates

Senior Komeito official sees need for multiple sales tax rates

Tetsuo Saito, head of the Komeito party's tax system research commission, speaks in an interview in Tokyo on Oct. 7, 2015, reiterating the ruling coalition party's position that the introduction of reduced tax rates on daily necessities is needed to ease the burden on taxpayers when the government raises the consumption tax by 2 percentage points to 10 percent as planned in April 2017. (Kyodo) ==Kyodo

Over 2.5-percentage-point cut in corporate tax eyed

Over 2.5-percentage-point cut in corporate tax eyed

TOKYO, Japan - Takeshi Noda (C), chairman of the ruling Liberal Democratic Party's Research Commission on the Tax System, enters the prime minister's office in Tokyo, Japan, on Dec. 26, 2014, for talks with Prime Minister Shinzo Abe. Prior to their meeting, Economic and Fiscal Policy Minister Akira Amari said it is "necessary" to cut Japan's 35 percent effective corporate tax rate by "more than 2.5 percentage points." (Kyodo)

Komeito's tax chief visits Seoul on fact-finding mission

Komeito's tax chief visits Seoul on fact-finding mission

SEOUL, South Korea - Tetsuo Saito (C), chairman of the Komeito party's research commission on the tax system, visits a market in Seoul on Oct. 18, 2014, to observe how local shops handle South Korea's sales tax exemption for food and other specific items. The ruling coalition partner is convinced that Japan too should have similar exemptions on daily goods when raising its consumption tax from 8% to 10%. (Kyodo)