Japan is considering raising the tax burden on foreign visitors by eliminating duty-free shopping and increasing departure ...

Japan's revenue from a departure tax collected from travelers in fiscal 2024 hit a record high amid an influx in the number of visitors, the Finance Ministry said Monday. Although revenue from the tax ...

And withholding on passive income is a commonplace phenomenon worldwide — for example, in Japan ... tax compliance, reduce taxpayer and IRS administrative burdens, and generate increased revenue ...

Japan's Chief Cabinet Secretary Yoshimasa Hayashi ... "Given that consumption tax revenue is designated as an important source to support the social security system for all, we think it's ...

TOKYO, Japan — Calls are growing in Japan for ... As the consumption tax is a key revenue source to cover social security costs, however, there are many who criticize the idea of lowering ...

It is applied not only on foreign visitors but also on Japanese departing the country. In fiscal 2023, the tax revenue tripled from the previous year to 39.9 billion yen and is expected to rise to ...

The new system is projected to boost Kyoto’s lodging tax revenue to over 10bn yen (£52m ... Kyodo, like many other tourist destinations in Japan, has seen overtourism in recent years.

Japanese Prime Minister Shigeru Ishiba’s cabinet on Friday approved a record $730 billion budget for the next fiscal year, while limiting new bond issuance to the lowest in 17 years on the back of ...

Japan Excellent, Inc. (JP ... due to a significant change in total revenue expectations following the transfer of specified assets. The company anticipates a revenue increase of 11.5% compared ...

Foreign visitors looking forward to sampling one of Japan’s must-try experiences need not worry, however, as the overnight “bathing tax” is only rising from typically 150 yen (99 US cents ...