id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
iiclr-17445	Tanabe, Noboru	Japan's Investment Trust: A Vehicle of Savings for Tomorrow	1992	30	.pdf	application/pdf	13112	528	48	In Japan, there has been no taxation in principle at the fund level for the following reasons, even though any specific provision concerned is not clearly stipulated in tax laws: (1) Since investment trust funds are not regarded as independent taxable entities, interest and dividend incomes of these funds are exempted from withholding taxation The extension in 1977 of the Maruyu privilege, the basic tax exemption for small-lot savings accounts, to stock investment trust funds is said to have marked an epoch in the history of Japan's investment trust system.	cache/iiclr-17445.pdf	txt/iiclr-17445.txt