Japanese Prime Minister Shigeru Ishiba on Monday stressed the need to establish a common understanding among parties on the ...

TOKYO (Kyodo) -- Japan's tax revenue for fiscal 2024 reached a record 75.23 trillion yen ($524 billion), hitting a new high for the fifth consecutive ...

Tokyo, July 2 (Jiji Press)--The Japanese government’s general-account tax revenues reached 75,232 billion yen in fiscal 2024, marking a record high for the fifth consecutive year, the Finance ...

Japan may end tax-free shopping for tourists to curb fraud and boost state revenue, despite industry opposition.

Amid widespread abuse of Japan’s tax-free shopping system, a group of Liberal Democratic Party lawmakers are mulling over its possible abolition.

From defense spending to demographic decline, Japan’s tax reform attempts to address pressing national issues.

TOKYO (Kyodo) -- The head of Japan's auto industry body urged Thursday the swift removal of U.S. President Donald Trump's additional 25 percent tariffs on cars and their parts, as Tokyo plans ...

In addition to these developments, what is noteworthy is that the so-called “tax cut dominoes” are falling even in Japan’s largest opposition parties.

TOKYO -- The Japanese government is starting to explore revisions to the automobile tax, aiming to make it more fair as luxury electric vehicles proliferate and bear little of the burden. Forty ...

President Trump declared a national emergency Wednesday to impose his sweeping “Liberation Day” tariffs on all imports.

Japan's automobile production will decrease by 4.3 percent annually over declining U.S. sales while overall industrial production could drop by 0.6 percent due to the U.S. expanded tariffs, the ...

Japan's Auto Lobby: "For us, avoiding tariffs is a matter of course," Masanori Katayama, chairman of the Japan Automobile Manufacturers Association (JAMA) and truck maker Isuzu Motors, told ...