The fifth round of tariff cuts under the Japan-Australia Economic Partnership Agreement have entered into force.

Following its passage through Japan's parliament, the Diet, measures in Japan's 2018 tax reform package became law on April 1, 2018.

Japan's Chief Cabinet Secretary, Yoshihide Suga, has announced a task force will be set up to consider ways to mitigate the negative impact of the planned 2019 consumption tax rise.

The EU and Japan have signed an Economic Partnership Agreement that will remove the majority of the EUR1bn (USD1.2bn) of duties paid annually by EU companies exporting to Japan.

South Korea's Government has announced that it will provide tax relief to small and medium size businesses that have been affected by Japan's decision to remove 159 South Korea products from its export "white list."

Japan's sales tax rose from eight to 10 percent on October 1, 2019, following two previous delays to the hike.

On January 8, 2020, Japan and Morocco signed a double taxation agreement.

Japanese multinational conglomerate company Hitachi Ltd. on Tuesday said it has developed a camera technology that can capture video images without using a lens, the first of this kind in Japan.

According to the news reported on 27 April by Kyodo News that Hirosaki University in Japan has developed electromobile with cold resistance recently, and the test drive of this electromobile has been held in Sendai on 27 of April. This...

Employment Rate in Japan remained unchanged at 60.40 percent in March from 60.40 percent in February of 2020. Employment Rate in Japan averaged 60.17 percent from 1972 until 2020, reaching an all time high of 65.40 percent in October of 1973 and a record low of 55.90 percent in January of 2012. In Japan, the employment rate measures the number of people who have a job as a percentage of the working age population. This page provides - Japan Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Representatives of countries and jurisdictions worldwide will gather in Kyoto, Japan on 30 June and 1 July for a special meeting of the OECD Committee on Fiscal Affairs organised to take forward the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project.

Australia, France, Japan and the Slovak Republic have deposited their instrument of ratification or acceptance for the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting with the OECD’s Secretary-General, therewith underlining their strong commitment to prevent the abuse of tax treaties and BEPS by multinational enterprises.

This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

OECD Secretary-General Angel Gurría and Japan’s Minister of Finance Taro Aso presided today over a signing ceremony to establish a new centre of the OECD International Academy for Tax Crime Investigation in Wako, Japan.

This report contains two parts. Part I reports on the activities and achievements in the OECD’s international tax agenda. Part II reports on the activities and achievements of the Global Forum on Transparency and Exchange of Information for Tax Purposes.

GDP Growth Annualized in Japan decreased to -7.10 percent in the fourth quarter of 2019 from 0.10 percent in the third quarter of 2019. GDP Growth Annualized in Japan averaged 1.98 percent from 1980 until 2019, reaching an all time high of 12.90 percent in the fourth quarter of 1989 and a record low of -17.80 percent in the first quarter of 2009. GDP Annualized Growth Rate shows the gdp growth that would be registered if the quarter-on-quarter rate of change were maintained for a full year. This page provides the latest reported value for - Japan GDP Growth Annualized - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Japan recorded a government budget deficit of 27633 JPY HND Million in the fourth quarter of 2019. Government Budget Value in Japan averaged -33660.14 JPY HND Million from 1964 until 2019, reaching an all time high of 91505 JPY HND Million in the first quarter of 2008 and a record low of -347513 JPY HND Million in the fourth quarter of 1998. The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues. This page provides - Japan Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

Due to serious concerns about the extremely low level of enforcement of Japan’s offence of bribing foreign public officials – just three prosecutions since 1999 – the OECD Working Group on Bribery recommended in December 2013 that Japan establish an Action Plan to organise police and prosecution resources to be able to proactively detect, investigate and prosecute cases of foreign bribery by Japanese companies.

The global economy continues to run at low speed and many countries, particularly in Europe, seem unable to overcome the legacies of the crisis. With high unemployment, high inequality and low trust still weighing heavily, it is imperative to swiftly implement reforms that boost demand and employment and raise potential growth.

A high-level Working Group mission will visit Tokyo on 29-30 June 2016 and meet senior Japanese government officials.

The OECD Working Group on Bribery in International Transactions has continuously urged Japan since 2002 to strengthen its efforts to fight bribery by Japanese companies in their foreign business activities, and implementation of the Convention on Combating the Bribery of Foreign Public Officials in International Business Transactions.

Housing Index in Japan decreased to 111.71 points in December from 113.28 points in November of 2019. Housing Index in Japan averaged 104.46 points from 2008 until 2019, reaching an all time high of 116.44 points in January of 2019 and a record low of 97.26 points in October of 2009. In Japan, Housing Index refers to Residential Property Price Index, including prices of land, detached houses and condominiums. This page provides - Japan Construction Starts - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.

Japan has good health outcomes and has rapidly increased its spending on health care in recent years. It now needs to focus on improving efficiency of its health system in order to continue delivering high-quality care while containing costs, according to a new OECD report.

Elderly individuals with complex, chronic diseases need continuous and tailored care to maintain their health and maximise their ability to participate in society. Japan must change the way it delivers health services for older citizens by strengthening its specialist primary care and making mental health care services more widely available, according to a new OECD report.

Unemployment Rate in Japan increased to 2.50 percent in March from 2.40 percent in February of 2020. Unemployment Rate in Japan averaged 2.72 percent from 1953 until 2020, reaching an all time high of 5.50 percent in June of 2002 and a record low of 1 percent in November of 1968. In Japan, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Japan Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The transportation sub-index of the CPI basket in Japan decreased to 99.90 points in March of 2020 from 100.10 points in February of 2020. CPI Transportation in Japan averaged 90.61 points from 1970 until 2020, reaching an all time high of 104.40 points in August of 2008 and a record low of 38.50 points in January of 1970. This page provides - Japan Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The 2011 edition of Education at a Glance: OECD Indicators enables countries to see themselves in the light of other countries’ performance.

The OECD’s latest edition of Health at a Glance shows that medical care is improving in OECD countries, but better prevention and management of chronic diseases is required to reduce costs.

This country note provides information on latest trends in income inequalities as well as key findings from the 2011 OECD report "Divided We Stand: Why Inequality Keeps Rising".

The Phase 3 Report on Japan by the OECD Working Group on Bribery evaluates and makes recommendations on Japan'simplementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

This note is taken from Chapter 2 of Economic Policy Reforms: Going for Growth 2012.

Without adequate investment in skills, people languish on the margins of society, technological progress does not translate into inclusive economic growth, and countries can no longer compete in an increasingly knowledge-based global society, said OECD Secretary-General.

On the occasion of his visit, Angel Gurría presented the brochure "Policies for a revitalisation of Japan" and met with government and business representatives.

The labour market recovery in Japan began strongly but has weakened since.

Education at a Glance 2012: Country Notes - Japan

Gains in female education attainment have contributed to a worldwide increase in women’s participation in the labour force, but considerable gaps remain in working hours, conditions of employment and earnings.  More specific data for Japan are available in this country note.

OECD Secretary-General will visit Japan on 22-24 April to launch the Economic Survey of Japan. During his stay in Tokyo, Mr. Gurría will also meet government officials and representatives from the business and labour communities amongst others.

Japan is poised for an economic expansion, but long-term growth prospects remain contingent on additional efforts to revitalise the economy and reduce unsustainable levels of public debt, according to the OECD’s latest Economic Survey of Japan.

Japan has good health outcomes and has rapidly increased its spending on health care in recent years. It now needs to focus on improving efficiency of its health system in order to continue delivering high-quality care while containing costs, according to a new OECD report.

The effective age of labour market exit in Japan is one of the highest in OECD. Retirement-income adequacy may be an issue for future cohorts of retirees...

This note presents key findings for Japan from Society at a Glance 2014 - OECD Social indicators. This 2014 publication also provides a special chapter on: the crisis and its aftermath: a “stress test” for societies and for social policies.

Note summarising the performance of 15-year-olds in Japan in the PISA 2012 assessment of problem solving.

Japan joined the OECD in 1964, the same year it hosted the summer Olympic Games in Tokyo. OECD membership signalled Japan’s successful transition into a fully industrialised economy, Foreign Minister Fumio Kishida writes on the 50th anniversary of his country’s accession.

Firstly, and most importantly, this year marks Japan’s golden jubilee: 50 years as a member of the OECD. Japan was our first Asia-Pacific member country, and has paved the way to strengthen the OECD’s ties within the region. This year, for the second time, Japan is chairing our Ministerial Council Meeting – the most important annual decision-making event of the Organization, said Angel Gurría.

After two decades of low growth and persistent deflation, Japan is showing signs of renewed economic dynamism. But to regain its primacy as a leading economic powerhouse and raise the well-being of its citizens, Japan needs a structural reform package to narrow the productivity gap with leading OECD countries, notably by increasing the labour participation of women and older citizens.

Mr. Angel Gurría was in Japan from 6 to 10 April 2014 to commemorate the country’s 50th anniversary of membership of the Organisation. The OECD Secretary-General was received in Audience by Crown Prince Naruhito, and held a bilateral meeting with Prime Minister Abe, to whom he presented the report “OECD Better Policies Japan - Advancing the Third Arrow for a Resilient Economy and Inclusive Growth”.

Due to serious concerns about the extremely low level of enforcement of Japan’s offence of bribing foreign public officials – just three prosecutions since 1999 – the OECD Working Group on Bribery recommended in December 2013 that Japan establish an Action Plan to organise police and prosecution resources to be able to proactively detect, investigate and prosecute cases of foreign bribery by Japanese companies.

Country notes highlight some key findings from TALIS 2013 for individual countries and economies