Japan Ruling Bloc, DPFP to Start Tax Talks Next Week

Text Size

   Tokyo, Nov. 14 (Jiji Press)--Japan's ruling coalition and the opposition Democratic Party for the People agreed on Thursday to launch full-scale talks on tax reform, including a review of the 1.03-million-yen annual income threshold for income tax, next week.
   The agreement came after DPFP tax chief Motohisa Furukawa separately met with his counterparts from the ruling Liberal Democratic Party and its coalition partner, Komeito.
   The ruling bloc plans to draw up an annual tax reform package next month that will reflect the outcome of its talks with the DPFP.
   The DPFP calls for the threshold to be raised to 1.78 million yen. The government estimates that if the threshold is raised to that level, there would be a loss of about 7 trillion to 8 trillion yen in national and local tax revenue. The DPFP is also seeking to cut gasoline tax.

(2024/11/14-20:30)

NATION

11/21 15:06 Japan Extra Diet Session to Be Convened Nov. 28
11/21 13:44 Central Japan Prosecutor to Apologize in Person to Hakamata
11/21 13:38 (Update) Japan Eyes 13.9-T.-Yen Extra Budget to Fund Economic Package
11/21 12:31 Ex-Yokozuna Wrestler Kitanofuji Dies at 82
11/21 11:09 Investigators Referred to Prosecutors over Machine Export Probes
11/21 10:42 Japan Eyes 13.9-T.-Yen Extra Budget to Fund Economic Package
11/21 10:30 Digital Regional Currencies Increasingly Exploited by Fraudsters
11/21 09:29 U.N. Panel Resolution Raps N. Korea's Human Rights Violations
11/20 21:28 Olympic Marathon Medalist Wainaina Escapes Indictment in Japan
11/20 21:08 Japan, U.S., S. Korea Hold 1st Joint Secretariat Meeting
11/20 20:51 Japan Calls for Climate Contributions from Capable Nations
11/20 20:13 Japan Seen Obliging 300-400 Firms to Participate in Emissions Trading
11/20 20:07 (Update) Foreign Visitors to Japan Hit Monthly Record in Oct.
11/20 19:19 NITE Teams Up with YouTuber for Science Experiment Videos
11/20 19:10 New Agriculture Minister Makes 1st Visit to Fukushima
11/20 18:52 Japanese Icebreaker Departs for Antarctica
11/20 17:37 Foreign Visitors to Japan Hit Monthly Record in Oct.
11/20 17:26 (Update) Japanese Court Rejects Injunction against Flights at Atsugi Air Base
11/20 17:00 (Update) Japan Ruling Camp, DPFP Reach Agreement on Economic Package
11/20 15:37 Japanese Court Rejects Injunction against Flights at Atsugi Air Base
11/20 15:20 Japanese Actor Shohei Hino Dies at 75
11/20 15:16 Japan Ruling Camp, DPFP Reach Agreement on Economic Package
11/20 14:22 Hibakusha See Nobel Peace Prize Not as Their Goal
11/20 13:30 Japan Logs Trade Deficit of 461.2 B. Yen in Oct.
11/20 12:57 WHO OKs Emergency Use of Japan Firm's Mpox Vaccine
11/20 12:51 Brazil President to Visit Japan in 2025
11/20 11:03 Japan's Ishiba Vows to End Talks on Policy Activity Funds Soon
11/20 10:05 G-20 Summit in Brazil Ends with Vow to Combat Climate Change
11/19 23:44 Ichiro Nominated for U.S. Baseball Hall of Fame
11/19 22:31 Japan Firms Reviving Voluntary Retirement Programs
11/19 22:28 Tokyo Police Arrest Exec of "JP Dragon" Crime Ring
11/19 22:07 LDP to Accept Abolition of Policy Activity Funds
11/19 21:29 China Blames Air Current for Japan Airspace Intrusion
11/19 20:46 (Update 2) Re-Elected Hyogo Gov. Vows to Work with Humble Heart
11/19 19:19 DPFP Proposals Likely to Be Reflected in Economic Package
11/19 19:14 Tochigi Man Arrested over Homemade Coilgun
11/19 17:27 Japan Police Arrest Exec of Group Referring Women to Sex Trade
11/19 17:27 Nippon Steel Vows Not to Import Foreign Steel to U.S.
11/19 16:00 UNSC Calls for Release of Nippon Yusen-Operated Ship Crew, 1 Yr On
11/19 15:13 Japan Police Arrest 4 Men from Fraud Group Based in Cambodia
11/19 14:57 (Update) G-20 Leaders Vow Unity to Achieve Paris Agreement Goals
11/19 13:30 Noted Japanese Poet Shuntaro Tanikawa Dies at 92
11/19 13:29 Japan's Ishiba Calls for Disaster Reduction at G-20
11/19 13:12 (Update) Hyogo Gov. Saito Begins 2nd Term
11/19 11:45 Japan's Fugaku Remains Top in 2 Supercomputer Rankings
11/19 11:27 Hyogo Gov. Saito Begins 2nd Term
11/19 11:00 Japanese Public, Private Sectors Seeking Workers from India
11/19 10:20 G-20 Leaders Vow Unity to Achieve Paris Agreement Goals
11/19 09:13 Japan, Britain to Launch Economic 2-Plus-2 Talks
11/18 21:59 Komeito's "Clean, Pacifist" Image Tarnishes after 60 Years
11/18 21:43 DPFP Demands Clarification of Income Tax Threshold Review
11/18 21:18 COP29 Draft Outcome Document Includes Several Options for Funding Target
11/18 20:48 (Update) Indefinite Prison Term Sought for Murder of "Don Juan of Kishu"
11/18 20:29 Chinese Man Suspected of Stalking Celebrity Haruna Kojima
11/18 18:41 Re-Elected Hyogo Gov. Cites Social Media's Role in Campaign
11/18 18:27 BOJ Ueda Leaves Open Chance of Another Rate Hike This Year
11/18 17:16 Indefinite Prison Term Sought for Murder of "Don Juan of Kishu"
11/18 17:04 F-35A Deployment at Misawa Base to Start in 2026 Spring
11/18 14:54 4 Shops Raided in Japan for Allegedly Buying Stolen Cables
11/18 14:35 BOJ Policy Normalization to Support Long-Term Growth: Ueda
11/18 13:42 Japan, Peru to Cooperate on Critical Mineral Supply Chains
11/18 12:07 Hyogo Election Result at Odds with Assembly No-Confidence
11/18 10:31 Japan Core Machinery Orders Fall 0.7 Pct in Sept.
11/18 09:53 Kashiwazaki Mayor Accepting TEPCO N-Plant Restart Re-Elected
11/18 01:07 (Update 2) Ex-Hyogo Governor Saito Re-Elected
11/18 00:42 (Update) Ex-Hyogo Governor Saito Certain to Be Re-Elected
11/17 23:36 Former Hyogo Governor Saito Certain to Be Re-Elected
11/17 22:58 U.S. to Set Up Space Forces in Japan in Dec.
11/17 22:02 Japan, U.S., Australia to Step Up Defense Consultation
11/17 18:28 (Update) 4 People Enter Nippon Ishin Leadership Race
11/17 16:15 Japan Police Helping People Quit Illegal Part-Time Jobs
11/17 13:56 4 People Enter Nippon Ishin Leadership Race
11/17 13:10 Japan, Ukraine Sign Information Security Pact
11/17 12:37 APEC Leaders Vow to Maintain Free Trade System
11/17 11:52 Ishiba, Yoon Share Concern over N. Korea-Russia Military Ties
11/17 11:04 Ishiba Says He Will Not Meet Trump on Return Trip
11/16 23:29 Japan, Ukraine Agree to Strengthen Intelligence Sharing
11/16 19:36 People Sign Condolence Book for Princess Yuriko
11/16 16:44 Japan, U.S., S. Korea Agree to Set Up Trilateral Secretariat
11/16 15:01 Hidankyo's Crowdfunding Campaign Achieves Goal on 1st Day
11/16 14:10 Ishiba, Biden Agree to Deepen Japan-U.S. Alliance
11/16 13:40 (Update) Ishiba, Xi Confirm Fishery Trade Agreement
11/16 12:26 Ishiba Seeks to Strengthen Free Trade Environment
11/16 11:59 Ishiba Says No Decision Made on Meeting with Trump
11/15 21:54 Onagawa N-Reactor Resumes Power Output after 13 Years
11/15 21:33 Hidankyo Begins Crowdfunding Round to Attend Nobel Award Ceremony
11/15 20:35 Last Remaining Forced Sterilization Lawsuit in Japan Settled
11/15 19:56 Japan Imperial Couple Make Condolence Visit over Death of Princess Yuriko
11/15 19:29 Japan Mulling Raising Caps on Payments to Hospitals
11/15 19:20 Japan MSDF to Deploy SeaGuardian Drones for Surveillance
11/15 18:49 (Update) Japan Ruling Bloc, DPFP to Continue Economic Talks
11/15 18:07 Japan Parliament to Begin Extra Budget Deliberations on Dec. 9
11/15 17:33 Share of Univ. Students with Job Offers Down in Japan
11/15 17:03 Ferrari Fetches Record 171 M. Yen at Tax Sale
11/15 17:01 Japan Ruling Bloc, DPFP to Continue Economic Talks
11/15 16:39 APEC Ministers Acknowledge Importance of Free Trade
11/15 16:39 Japan, U.S., Australia Defense Chiefs to Meet on Sun.
11/15 16:12 No Decision on U.S. Forces Japan's Command Relocation: Min.
11/15 15:55 U.S. Intelligence Director Nominee Made Hostile Remarks on Japan
11/15 15:19 Japan, U.S., S. Korea to Set Up Secretariat for Cooperation
11/15 14:13 Iwaya, Cho Share Worry over Russia-N. Korea Military Cooperation
11/15 13:34 European Agency Switches to Recommending New Alzheimer's Drug
11/15 12:34 Iwaya, Blinken Discuss Next U.S. Administration's State Secretary
11/15 11:51 (Update) Japan's Princess Yuriko Dies at 101
11/15 10:19 U.S. Keeps Japan on Forex Monitoring List
11/15 09:08 Japan July-Sept. GDP Up Preliminary 0.2 Pct
11/15 08:40 Japan's Princess Yuriko Dies at 101
11/14 20:58 Guilty Ruling Finalized for Ex-Head of Comfort Women Support Group
11/14 20:30 Japan Ruling Bloc, DPFP to Start Tax Talks Next Week
11/14 20:20 Japan, EBRD Ink MOU on Green Reconstruction of Ukraine
11/14 19:58 (Update) Japan Parliament to Begin Extraordinary Session Nov. 28
11/14 19:04 U.N. Committee Adopts Japan-Led U.N. Resolution on Volunteerism
11/14 18:32 (Update) 2 U.S. Ospreys Make Unscheduled Landing in Southwestern Japan
11/14 18:09 Ishiba Leaves for Peru, Brazil
11/14 17:34 (Update) Japan Panel Calls for Debate on Death Penalty
11/14 17:33 Human Error behind Osprey Accident on Remote Japan Island

HEADLINES

POLITICS: Japan Diet to Be Convened into 24-Day Extra Session on Nov. 28
ECONOMY: Indian Visitors to Japan Increase 29.1% to Record 21,700 in Oct.
SPORTS: MLB: Tigers' Tarik Skubal, Braves' Chris Sale Named Cy Young Award Winners
OTHER: 30% of Children in Poor Families in Japan Find School Not Fun: Survey

AFP-JIJI PRESS NEWS JOURNAL


US cites new Russian tactics for decision to supply landmines to Ukraine


Iconic Real Madrid lockers on display in London auction


US judge sentences migrant to life imprisonment in high-profile murder case


Japanese, Koreans bottom of global love life survey


Bodies burned after Haiti police, civilians kill 28 alleged gang members


Trump ally seeks to block trans lawmaker from women's restrooms

Photos

Japanese Paralympians Bring Back More Gold Medals from Paris

(Updated:10/10)
Japanese Athletes Make History in Paris Olympics

(Updated:09/09)
Hot Topics in Japan

(Updated:11/15)

Page Top

Japan SPOTLIGHT

PHOTOS

Japan Ruling Bloc, DPFP to Start Tax Talks Next Week

NATION

HEADLINES

AFP-JIJI PRESS NEWS JOURNAL

Photos