Japan's junior ruling coalition partner, Komeito, will propose cutting the consumption tax rate for food items to 5% from 8% ...

The collective wealth of Japan’s 50 Richest on the 2025 Forbes list rose 14% to US$228 billion, helped by a stronger yen.

The IMF has developed analytical tools and survey instruments that are used to identify the relative strengths and weaknesses of countries’ revenue administration and tax policy. The results can be ...

As a stronger yen propels collective wealth by 14% to $228 billion, Tadashi Yanai’s fortune hits a record high.

In a new paper, we discuss how governments can address the emerging challenges of taxing these crypto assets while its use is still limited so that they prevent a leakage in tax revenue and protect ...

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 ...

The government plans to revise its fiscal consolidation target from fiscal 2025 to sometime between fiscal 2025 and 2026, a source familiar with the matter said Wednesday. The decision comes amid ...

Gearoid Reidy is a Bloomberg Opinion columnist covering Japan and the Koreas ... by a rehash of a decades-old debate. Consumption tax, first introduced in 1989 and raised over the years to ...

It was the 70th anniversary of the April 15 tax filing deadline this year. Still, the statistics being reported by the Internal Revenue Service look fairly normal compared to the 2024 tax filing ...

Japan is mulling a review of tax exemptions for small parcels including those shipped from China, joining a slew of governments stepping up scrutiny over a duty-free channel used by Shein and PDD ...

Japanese Prime Minister Shigeru Ishiba rebuffed calls for tax cuts saying that the nation’s financial conditions are worse than Greece’s. The premier said he disagrees with the idea of funding ...