April 16, 2012
(updated October, 2021)
Financial Services Agency

Publication of “Taxation of J-Sukuk Q&A”

The 2011 tax reform introduced a tax break leveling the playing field between a quasi-bond beneficial interest which can be used as a J-Sukuk and a conventional bond for tax purposes. In addition, following the introduction of this tax break, Japan Securities Depository Center, Inc. commenced the handling of J-Sukuk on April 1, 2012.

Following the completion of the J-Sukuk market, FSA now publishes “Taxation of J-Sukuk Q&A” in order to make it widely known. FSA expects that this Q&A will support the development of the J-Sukuk market in Japan.

Taxation of J-Sukuk Q&A (PDF:103KB) (updated October, 2021)