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Taxation In Japan
Taxation in Japan is based primarily upon a national income tax () and a () based upon one's area of residence. There are consumption taxes and excise taxes at the national level, an enterprise tax and a vehicle tax at the prefectural level and a property tax at the municipal level. Taxes are administered by the National Tax Agency. Consumption tax The Liberal Democratic Party government of Masayoshi Ōhira had attempted to introduce a consumption tax in 1979. Ohira met a lot of opposition within his own party and gave up on his attempt after his party suffered badly in the 1979 election. Ten years later, Noboru Takeshita successfully negotiated with politicians, bureaucrats, business and labor unions to introduce a consumption tax, which was introduced at a rate of 3% consumption tax in 1989. In April 1997, under the government of Ryutaro Hashimoto it was increased to 5%. The 5% is made up of a 4% national consumption tax and a 1% local consumption tax. Shortly after the tax wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan Times
''The Japan Times'' is Japan's largest and oldest English-language daily newspaper. It is published by , a subsidiary of News2u Holdings, Inc. It is headquartered in the in Kioicho, Chiyoda, Tokyo. History ''The Japan Times'' was launched by on 22 March 1897, with the goal of giving Japanese people an opportunity to read and discuss news and current events in English language, English to help Japan participate in the international community. In 1906, Zumoto was asked by Japanese Resident-General of Korea Itō Hirobumi to lead the English-language newspaper ''The Seoul Press''. Zumoto closely tied the operations of the two newspapers, with subscriptions of ''The Seoul Press'' being sold in Japan by ''The Japan Times'', and vice versa for Korea. Both papers wrote critically of Korean culture and civilization, and advocated for Korea under Japanese rule, Japan's colonial control over the peninsula in order to civilize the Koreans. The newspaper was independent of government ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tarō Asō
is a Japanese politician who served as Prime Minister of Japan from 2008 to 2009. A member of the Liberal Democratic Party (LDP), he also served as Deputy Prime Minister and Minister of Finance from 2012 to 2021. He was the longest-serving Deputy Prime Minister and Minister of Finance in Japanese history, having previously served as Minister for Foreign Affairs from 2005 to 2007 and as Minister for Internal Affairs and Communications from 2003 to 2005. He leads the Shikōkai faction within the LDP. Asō was first elected to the House of Representatives in 1979. He served in numerous ministerial roles before becoming Secretary-General of the Liberal Democratic Party (LDP) in 2008, having also held that role temporarily in 2007. After leaving cabinet, he's served as vice president of the LDP under Fumio Kishida and as senior advisor to the LDP under Shigeru Ishiba. He is a noted power broker inside the party, leading the Shikōkai. Asō has been attached to a number of cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marital Deduction
Marital deduction is within tax law that allows a person to give assets to his or her spouse with reduced or no tax imposed upon the transfer. Some marital deduction laws even apply to transfers made postmortem. The right to receive property conveys ownership for tax Purposes. A decree of divorce transfers the right to that property by reason of the marriage and is also a transfer within a marriage. It makes no difference whether the property itself or equivalent compensation is transferred before, or after the decree dissolves the marriage. There is no U.S. estate and gift tax on transfers of any amount between spouses, whether during their lifetime or at death. There is an important exceptions for non-citizens. The U.S. federal Estate and gift tax marital deduction is only available if the surviving spouse is a U.S. citizen. For a surviving spouse who is not a U.S. citizen a bequest through a Qualified Domestic Trust defers estate tax until principal is distributed by the trustee, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Japan
Japan is an island country in East Asia. Located in the Pacific Ocean off the northeast coast of the Asia, Asian mainland, it is bordered on the west by the Sea of Japan and extends from the Sea of Okhotsk in the north to the East China Sea in the south. The Japanese archipelago consists of four major islands—Hokkaido, Honshu, Shikoku, and Kyushu—and List of islands of Japan, thousands of smaller islands, covering . Japan has a population of over 123 million as of 2025, making it the List of countries and dependencies by population, eleventh-most populous country. The capital of Japan and List of cities in Japan, its largest city is Tokyo; the Greater Tokyo Area is the List of largest cities, largest metropolitan area in the world, with more than 37 million inhabitants as of 2024. Japan is divided into 47 Prefectures of Japan, administrative prefectures and List of regions of Japan, eight traditional regions. About three-quarters of Geography of Japan, the countr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC is an American List of business news channels, business news channel owned by the NBCUniversal News Group, a unit of Comcast's NBCUniversal. The network broadcasts live business news and analysis programming during the morning, Daytime television in the United States, daytime trading day, and early-evening hours, with the remaining hours (such as weekday prime time and weekends) are filled by business-related Television documentary, documentaries and reality television programming, as well as occasional NBC Sports presentations. CNBC operates an accompanying financial news website, CNBC.com, which includes news articles, video and podcast content, as well as subscription-based services. CNBC's headquarters and main studios are located in Englewood Cliffs, New Jersey, while it also maintains a studio at the Nasdaq MarketSite in Times Square, New York City. CNBC was originally founded in April 1989 as the Consumer News and Business Channel, a joint venture between NBC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ichirō Ozawa
is a Japanese politician and has been a member of the House of Representatives since 1969, representing the Iwate 3rd district (Iwate 2nd district prior to the 1996 general election and Iwate 4th district prior to the 2017 general election). He is often dubbed the "Shadow ''Shōgun''" due to his back-room influence. He was initially a member of the Liberal Democratic Party (LDP), serving as its secretary general from 1989 to 1991. He left the LDP in 1993 and subsequently served as head of a number of other political parties, first by co-founding the Japan Renewal Party with Tsutomu Hata, which formed a short-lived coalition government with several other parties opposed to the LDP. Ozawa later served as president of the opposition New Frontier Party from 1995 to 1997, president of the Liberal Party from 1998 to 2003 (which was part of a coalition government with the LDP of Keizō Obuchi from 1999 to 2000), president of the opposition Democratic Party of Japan (DPJ) from 2006 t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yoshihiko Noda
is a Japanese politician. He is the current leader of the Constitutional Democratic Party of Japan (CDP), and has been a member of the House of Representatives since 2000. From 2011 to 2012, he was the Prime Minister of Japan. Noda entered politics in 1993 as a member of the now-defunct Japan New Party. In 1996, he joined the Democratic Party of Japan (DPJ). After the DPJ won control of the Diet in 2009 general election, Noda was named a senior vice minister of finance in the cabinet of Prime Minister Yukio Hatoyama, and in 2010, was named minister of finance in the cabinet of Prime Minister Naoto Kan. Following Kan's resignation as prime minister, Noda won the ensuing leadership election and was appointed prime minister on 2 September 2011. Following a severe loss for the DPJ in the December 2012 general election, Noda announced his resignation as party leader, triggering a leadership election that was won by Banri Kaieda. Noda was succeeded as Prime Minister by Shinzo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naoto Kan
is a Japanese former politician who served as Prime Minister of Japan and President of the Democratic Party of Japan (DPJ) from June 2010 to September 2011. Kan was the first Prime Minister since the resignation of Junichiro Koizumi in 2006 to serve for more than one year, with his predecessors Yukio Hatoyama, Tarō Asō, Yasuo Fukuda, and Shinzo Abe either resigning prematurely or losing an election. On 26 August 2011, Kan announced his resignation. Yoshihiko Noda was 2011 Democratic Party (Japan, 1998) leadership election, elected as his successor. On 1 August 2012, United Nations Secretary-General Ban Ki-moon announced Kan would be one of the members of the UN high-level panel on the post-2015 development agenda. Early life and education Kan was born in Ube, Yamaguchi, the eldest son of Hisao Kan, the executive director of the glass manufacturing company Central Glass. He graduated in 1970 from the Tokyo Institute of Technology and became a licensed ''benrishi'' (patent age ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yukio Hatoyama
is a Japanese retired politician who served as Prime Minister of Japan and Leader of the Democratic Party of Japan from 2009 to 2010. He was the first Prime Minister from the modern Democratic Party of Japan. First elected to the House of Representatives (Japan), House of Representatives in 1986, Hatoyama became History of the Democratic Party of Japan#Presidents of DPJ, President of the DPJ, the main opposition party, in May 2009. He then led the party to victory in the 2009 Japanese general election, 2009 general election, defeating the long-governing Liberal Democratic Party (Japan), Liberal Democratic Party (LDP), which had been in power for over a decade. He represented the Hokkaido's 9th district, Hokkaido 9th district in the House of Representatives from 1986 to 2012. In 2012, Hatoyama announced his retirement from politics. Since then, he has made large online presence such as on Twitter with his outspoken political views. He generated controversy when he visited Crimea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party Of Japan
The was a Centrism, centristThe Democratic Party of Japan was widely described as centrist: * * * * * * * to Centre-left politics, centre-left, Liberalism, liberal or Social liberalism, social-liberal List of political parties in Japan, political party in Japan from 1998 to 2016. The party's origins lie in the previous Democratic Party of Japan (1996), Democratic Party of Japan, which was founded in September 1996 by politicians of the centre-right politics, centre-right and centre-left politics, centre-left with roots in the Liberal Democratic Party (Japan), Liberal Democratic Party and Japan Socialist Party. In April 1998, the previous DPJ merged with splinters of the New Frontier Party (Japan), New Frontier Party to create a new party which retained the DPJ name. In 2003, the party was joined by the Liberal Party (Japan, 1998), Liberal Party of Ichirō Ozawa. Following the 2009 Japanese general election, 2009 election, the DPJ became the ruling party in the House of R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yasuo Fukuda
is a Japanese politician who served as Prime Minister of Japan from 2007 to 2008. He was previously the longest-serving Chief Cabinet Secretary in Japanese history, serving in that role from 2000 to 2004 under Prime Ministers Yoshirō Mori and Junichiro Koizumi. His record was surpassed by Yoshihide Suga, who served almost twice as long.Keiichi Yamamura and Sachiko Sakamaki"Fukuda Challenges Aso in Race to Be Prime Minister" Bloomberg.com, 14 September 2007. Following the resignation of Prime Minister Shinzō Abe, Fukuda was elected as President of the Liberal Democratic Party and became prime minister in September 2007. Fukuda was the first son of a former Japanese Prime Minister ( Takeo Fukuda) to also take up the post. On 1 September 2008, Fukuda announced his resignation as party leader, and was succeeded by Taro Aso. Although Japan hosted the G8 summit meeting without mishap during Fukuda's time in office, he himself earned little or no credit from ordinary Japanese, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
National Tax Agency
The is the official tax collecting agency of Japan. As of October 2018, the Commissioner of NTA is Takeshi Fujii. Mission Mission: To enable taxpayers to properly and smoothly fulfill their tax responsibility. To achieve the mission stated above, National Tax Agency is responsible for fulfilling the responsibilities stipulated in Article 19 of the Law to Establish the Ministry of Finance, while paying due consideration to transparency and efficiency. Achieving proper and fair taxation and collection :::To creating favorable environment for taxpayers: ::::NTA shall provide correct and easy-to-understand information on legal interpretation and administrative procedures for filing tax returns and paying taxes. ::::NTA shall quickly and accurately handle inquiries from taxpayers. ::::NTA shall endeavor to call on other ministries and citizens from all parts of society for their cooperation and participation in order to improve public understanding and support regarding the role of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
