6 November 2001, 10:22 Shiokawa - Dividend income should gain preferential tax treatment
TOKYO (AFX-ASIA) - Finance Minister Masajuro Shiokawa said he
agrees that preferential tax treatment should be offered on dividend
payments to investors to help boost the stockmarket.
"It seems a good idea to offer investors who receive dividend
payments preferential tax treatment but we cannot revise the tax law as
early as people expect," Shiokawa told a parliamentary Lower House
economic and fiscal policy committee.
"We will revise the tax system step-by-step."
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