Tags » Consumption Tax

Japan's economy and consumption tax

Japan’s government raised early this year consumption tax because it was hoped to control increasing public debt, so government raised this tax from 5% to 8%. 185 more words


Raising the Belgian consumption tax

In Belgium, most economist advice the government to raise our consumption tax to improve the state budget. Theoretically, this seems the right thing to do. It isn’t a disruptive tax in the long run and is paid by everybody in the society. 265 more words


Bill Gates' solution to income inequality

It might not come as a surprise to many that Bill Gates, whom Forbes’ magazine ranks as the second wealthiest man in the world, doesn’t agree with the ideas of French economist Thomas Piketty. 832 more words


Japanese Economic Update: A Meaningful Recovery?

Monica Defend, Pioneer’s Head of Global Asset Allocation Research, and Alessia Berardi, Japanese Global Asset Allocation Research Economist recently released an update on the Japanese economy. 439 more words


Japan: The second sales tax will rise from November 2015

 Japanese Prime Minister is expected to announce by the end of this year whether the nation will go ahead with a second rise to its consumption tax rate, to 10% from November 2015. 91 more words


Punitive Taxes Chase Off a Rational King


The counterproductive U.S. corporate tax code was a major incentive for Burger King’s prospective merger with the Canadian doughnut chain Tim Hortons. The merger will allow BK to change its domicile to Canada, thereby reducing its tax bill. 240 more words

The decline of luxury goods in Japan, as seen through Tiffany's latest earnings report

Tiffany & Co. had another strong quarter of sales around the world, beating expectations with $993 million in revenue—a 7% increase over the same time last year. 193 more words