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Taxation In Japan
Taxation in Japan is based primarily upon a national 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 was introduced, J ... [...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 Motosada Zumoto on 22 March 1897, with the goal of giving Japanese people an opportunity to read and discuss news and current events in English to help Japan to participate in the international community. The newspaper was independent of government control, but from 1931 onward, the paper's editors experienced mounting pressure from the Japanese government to submit to its policies. In 1933, the Japanese Ministry of Foreign Affairs appointed Hitoshi Ashida, former ministry official, as chief editor. During World War II, the newspaper served as an outlet for Imperial Japanese government communication and editorial opinion. It was successively renamed ''The Japan Times and Mail'' (1918–1940) following its merger with ''The Japan Ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tarō Asō
is a Japanese politician serving as the Vice President of the Liberal Democratic Party (LDP) since 2021. Asō previously served as Prime Minister of Japan from 2008 to 2009 and as Deputy Prime Minister of Japan 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 Fumio Kishida was appointed Prime Minister in October 2021, Asō was moved to the role of Vice President of the Liberal Democratic Party. Early life and education Asō, a Catholic, was born in Iizuka in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Marital Deduction
Marital deduction is a type of 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 ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north toward the East China Sea, Philippine Sea, and Taiwan in the south. Japan is a part of the Ring of Fire, and spans Japanese archipelago, an archipelago of List of islands of Japan, 6852 islands covering ; the five main islands are Hokkaido, Honshu (the "mainland"), Shikoku, Kyushu, and Okinawa Island, Okinawa. Tokyo is the Capital of Japan, nation's capital and largest city, followed by Yokohama, Osaka, Nagoya, Sapporo, Fukuoka, Kobe, and Kyoto. Japan is the List of countries and dependencies by population, eleventh most populous country in the world, as well as one of the List of countries and dependencies by population density, most densely populated and Urbanization by country, urbanized. About three-fourths of Geography of Japan, the c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CNBC
CNBC (formerly Consumer News and Business Channel) is an American basic cable business news channel. It provides business news programming on weekdays from 5:00 a.m. to 7:00 p.m., Eastern Time, while broadcasting talk shows, investigative reports, documentaries, infomercials, reality shows, and other programs at all other times. Along with Fox Business and Bloomberg Television, it is one of the three major business news channels. It also operates a website and mobile apps, whereby users can watch the channel via streaming media, and which provide some content that is only accessible to paid subscribers. CNBC content is available on demand on smart speakers including Amazon Echo devices with Amazon Alexa, Google Home and app devices with Google Assistant, and on Apple Siri voice interfaces including iPhones. Many CNBC TV shows are available as podcasts for on-demand listening. Graphics are designed by Sweden-based Magoo 3D studios. CNBC is a divisi ... [...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 who was Prime Minister of Japan from 2011 to 2012. He was a member of the Democratic Party, and a member of the House of Representatives (lower house) in the Diet (national legislature). He was named to succeed Naoto Kan as a result of a runoff vote against Banri Kaieda in his party,Yoshihiko Noda wins Japan leadership race , 29 August 2011. and was formally appointed by the Emperor on 2 September 2011. Following a severe loss for the DPJ in the December 2012 gener ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naoto Kan
is a Japanese politician who was 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 Shinzō Abe either resigning prematurely or losing an election. On 26 August 2011, Kan announced his resignation. Yoshihiko Noda was 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 agent/attorney) in 1971. Diet career After graduating from college, K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yukio Hatoyama
is a former Japanese politician who served as Prime Minister of Japan from 16 September 2009 to 8 June 2010. He was the first Prime Minister from the modern Democratic Party of Japan. First elected to the House of Representatives in 1986, Hatoyama became President of the DPJ, the main opposition party, in May 2009. He then led the party to victory in the August 2009 general election, defeating the long-governing Liberal Democratic Party (LDP), which had been in power for over a decade. He represented the Hokkaido 9th district in the House of Representatives from 1986 to 2012. Early life and family Hatoyama comes from a prominent Japanese political family which has been likened to the Kennedy family of the United States.; Hayashi, Yuka"Japan's Hatoyama Sustains Family Political Tradition,"''Wall Street Journal'' (WSJ). 1 August 2009. Hatoyama, who was born in Bunkyō, Tokyo, is a fourth-generation politician. His paternal great-grandfather, Kazuo Hatoyama, was speaker of th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Democratic Party Of Japan
The was a centristThe Democratic Party of Japan was widely described as centrist: * * * * * * * to centre-left liberal or social-liberal political party in Japan from 1998 to 2016. The party's origins lie in the previous Democratic Party of Japan, which was founded in September 1996 by politicians of the centre-right and centre-left with roots in the Liberal Democratic Party and Japan Socialist Party. In April 1998, the previous DPJ merged with splinters of the New Frontier Party to create a new party which retained the DPJ name. In 2003, the party was joined by the Liberal Party of Ichirō Ozawa. Following the 2009 election, the DPJ became the ruling party in the House of Representatives, defeating the long-dominant Liberal Democratic Party (LDP) and gaining the largest number of seats in both the House of Representatives and the House of Councillors. The DPJ was ousted from government by the LDP in the 2012 general election. It retained 57 seats in the lower house ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yasuo Fukuda
is a former 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 Japane ... [...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] |
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