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Nomura Research proposes steep cut in capital-gains tax.

Publication: Japan Weekly Monitor
Publication Date: 11-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 4 Kyodo

The Nomura Research Institute (NRI) on Monday proposed a steep cut in capital-gains tax to lure investors to the stock market.

Financial income should be treated separately from earned income in taxation as it tends to go overseas when it is subject to high taxation,...

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