Tokyo-based advertising company called Solarie and its president, Reika Kuroki, also known as influencer Reika Miyazaki, are suspected of evading ¥157 million in corporate and other taxes. https://www.japantimes.co.jp/news/2025/12/25/japan/crime-legal/japanese-influencer-tax-evasion/?utm_medium=Social&utm_source=mastodon #japan #crimelegal #socialmedia #reikakuroki #taxes
Japan's government revised up its economic forecast for the fiscal year to next March and projected that growth would accelerate in the following year, on the view that a massive stimulus package will boost expenditure. https://www.japantimes.co.jp/business/2025/12/25/economy/japan-govt-economic-growth-projection/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #consumption #taxes #budgets #sanaetakaichi
The government and ruling coalition are considering capping tax-free holdings at ¥6 million for a new investment program planned to be launched for minors under the NISA framework. https://www.japantimes.co.jp/business/2025/12/10/nisa-tax-free-cap-minors/?utm_medium=Social&utm_source=mastodon #business #nisa #taxes #children #investments #ldp #nipponishinnokai
Happy to share that that our article on older adults and tax delegation in Canada is published! See comment for important takeaway about what you should do if you help older adults (or anyone) by doing tax prep and filing for them. #aging #taxes
Takeaway: Get a CRA RepID if you help out older folks (or anyone) by preparing and filing their taxes. This is available to anyone (not just accountants), so the people you help don't need to share CRA passwords with you!
The ruling Liberal Democratic Party has begun discussions on increasing the income tax rate in 2027 as part of efforts to secure financial resources for a hike in the country’s defense spending. https://www.japantimes.co.jp/news/2025/12/05/japan/ldp-income-tax-hike-defense-spending/?utm_medium=Social&utm_source=mastodon #japan #defense #ldp #taxes
The government and ruling parties have begun discussions on correcting what they say is an imbalance in tax revenues favoring Tokyo, which has led to widening regional disparities in administrative services. https://www.japantimes.co.jp/news/2025/12/04/japan/tax-revenue-gap-regions/?utm_medium=Social&utm_source=mastodon #japan #taxes #ldp #jip #tokyometropolitangovernment #yurikokoike
Listen here to Franklin Roosevelt ( #FDR) introducing 80 years ago his economic bill of #rights"
For 40 years, America prospered and then came the 'no-more-taxes' era.
His 2nd bill of rights guaranteed:
- Employment (right to work)
- An adequate income for food, shelter, and recreation
- Farmers' rights to a fair income
- Freedom from unfair competition and monopolies
- Decent housing
- Adequate medical care
- Social security
- Education
Isn't it time to stop with 'no-more- #taxes'?
Government experts and lawmakers are discussing possible changes to policies concerning foreign nationals, including those on real estate purchases and visas, to recommend to Prime Minister Sanae Takaichi. https://www.japantimes.co.jp/news/2025/12/04/japan/explainer/explainer-japan-foreign-nationals/?utm_medium=Social&utm_source=mastodon #japan #explainer #sanaetakaichi #foreignworkers #tourism #taxes #nationalhealthcare
Britain’s property tax system is unfair and outdated, and a proportional national property tax could improve fairness, mobility and long-term economic growth. https://www.japantimes.co.jp/commentary/2025/12/02/world/uks-irrational-property-taxes/?utm_medium=Social&utm_source=mastodon #commentary #worldnews #uk #taxes #property #rachelreeves #london #mansiontax
The government and the ruling camp are considering capping the amount of tax deductions allowed under the furusato nо̄zei hometown donation system. https://www.japantimes.co.jp/business/2025/12/02/furusato-nozei-cap-deductions/?utm_medium=Social&utm_source=mastodon #business #furusatonozei #taxes #localgovernment
Japan on Tuesday held the first ministerial meeting to review tax measures, subsidies and funds, in an effort inspired by the "department of government efficiency" (DOGE) in the United States. https://www.japantimes.co.jp/news/2025/12/02/japan/politics/doge-ministerial-meeting/?utm_medium=Social&utm_source=mastodon #japan #politics #doge #sanaetakaichi #donaldtrump #us #taxes #satsukikatayama #financeministry #budgets
Japan is considering launching a new investment program for children under the country's new Nippon Individual Savings Account tax-exemption framework with the aim to expand eligibility to those under 18. https://www.japantimes.co.jp/business/2025/12/02/nisa-program-children/?utm_medium=Social&utm_source=mastodon #business #nisa #taxes #children #investments #ldp #nipponishinnokai
Swiss voters have resoundingly rejected a proposal to replace the current men-only military conscription with a compulsory civic duty for all and another on taxing the superrich to fund the climate fight. https://www.japantimes.co.jp/news/2025/12/01/world/politics/swiss-civic-duty-climate-tax-rich/?utm_medium=Social&utm_source=mastodon #worldnews #politics #eu #taxes #europe #switzerland
Listen here to Franklin Roosevelt ( #FDR) introducing 80 years ago his economic bill of #rights"
For 40 years, America prospered and then came the 'no-more-taxes' era.
His 2nd bill of rights guaranteed:
- Employment (right to work)
- An adequate income for food, shelter, and recreation
- Farmers' rights to a fair income
- Freedom from unfair competition and monopolies
- Decent housing
- Adequate medical care
- Social security
- Education
Isn't it time to stop with 'no-more- #taxes'?
Dilution vs. Risk taking: Capital gains taxes and entrepreneurs
https://www.nber.org/papers/w34512
#HackerNews #Dilution #Risk #Taking #Capital #Gains #Taxes #Entrepreneurs
Japan's parliament enacted legislation to scrap the provisional tax surcharges for gasoline and diesel fuel to try to curb inflation, without stating alternative sources for government funding. https://www.japantimes.co.jp/news/2025/11/28/japan/politics/gasoline-bill-pass/?utm_medium=Social&utm_source=mastodon #japan #politics #gas #taxes #energy #inflation #diet #budgets
Japan’s 2026 budget should take inflation into account, private-sector advisers tell the government. https://www.japantimes.co.jp/business/2025/11/27/economy/panel-budget-inflation/?utm_medium=Social&utm_source=mastodon #business #economy #japaneseeconomy #sanaetakaichi #taxes #cabinet #inflation #budgets
The Tokyo Metropolitan Government said on Wednesday that it plans to shift its accommodation tax from fixed amounts to a fixed rate of 3% of fees in fiscal 2027. https://www.japantimes.co.jp/news/2025/11/27/japan/accommodation-tax-fixed-rate-tokyo/?utm_medium=Social&utm_source=mastodon #japan #tokyo #minpaku #tourism #taxes #hotels
The governors of the 47 prefectures urged the central government to implement measures to help them cope with expected declines in local government revenue due to the planned abolition of the provisional gasoline tax. https://www.japantimes.co.jp/news/2025/11/27/japan/prefectures-tax-revenue/?utm_medium=Social&utm_source=mastodon #japan #sanaetakaichi #taxes #localgovernment #inflation #gas