The Ministry of Finance in Japan (MOF) says that the Japanese and French governments have signed the protocol amending the Convention between the two countries for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes on Income. Tax-exemption for pension plans, has as yet not been mentioned.
The revised rates will be: dividend income 10 percent, interest income 10 percent in general and 0 percent for financial institutions, pensions, etc, and royalties 0 percent.
The new tax rate will be applied from 1 January 2008.