Mr. Toshitomo Imai, Deputy Director, Policy and Legal Division, Planning and Coordination Bureau, Financial Services Agency

The Japanese Government has decided to expand the uniform taxation regime on financial transactions, starting from January 2016. Major changes include, but are not limited to:

• Capital gains from bond transactions will be subject to 20% taxation
• Profits and losses from bond transactions will be aggregated with those from equity transactions etc.

The FSA official(s) will give members an overview of the new regime to facilitate preparation for its implementation.