Minoru NAKAZATO
Nishimura Institute of Advanced Legal Studies
Head
After graduating from university in 1978, I remained in academia as an assistant for some time, and was subsequently involved in research and education on tax law at Hitotsubashi University and the University of Tokyo. In particular, I have developed my expertise in two areas: practical research on the international taxation of financial transactions, and fundamental research on the historical development of the fiscal administration rights of legislatures in Europe since the Middle Ages. It is surprising to see that these two seemingly unrelated themes are in fact connected, and that as a result, the degree of respect for market transactions in each country has tended to differ depending on the formation of the fiscal administration rights of the legislature through historical events such as Magna Carta and the Glorious Revolution, which resulted from political conflict between the monarch and lawmakers, and that it is now being argued in the field of New Institutional Economics that these differences have even led to disparities in the economic development of each nation.
In practice, on the basis of research that focuses on fundamental taxation rights, I carry out practical analyses founded upon an accurate recognition of the relationships between the legislature, the tax authorities, and the courts with respect to the taxation of real-world transactions such as derivatives and structured bonds and the relevant key principles of private law and economics, and I find the process of doing so to be highly gratifying.
Education
- 1978
- The University of Tokyo (LL.B.)
Professional Experience
- Research Assistant, University of Tokyo Faculty of Law
- Research Assistant, Hitotsubashi University Faculty of Law
- Lecturer, Hitotsubashi University Faculty of
- Visiting Professor, UCLA School of Law
- Associate Professor, Hitotsubashi University Faculty of Law
- Associate Professor, University of Tokyo Graduate Schools for Law and Politics,
- and Associate Professor, Hitotsubashi University Faculty of Law
- Professor, University of Tokyo Graduate Schools for Law and Politics, and Associate
- Professor, Hitotsubashi University Faculty of Law
- Professor, University of Tokyo Graduate Schools for Law and Politics
- Visiting Professor, Harvard Law School
- Emeritus Professor, The University of Tokyo
Representative Publications
- “Taxation of International Transactions” (Yuhikaku, 1994)
- “The Taxation of Financial Transactions” (Yuhikaku, 1998)
- “Cash flow, Risk, Taxation” (Yuhikaku, 1999)
- “Japanese Law: An Economic Approach” (University of Chicago Press, 1999,co-authored with JohnMark Ramseyer, Harvard Law School)
- “Tax Shelters” (Yuhikaku, 2002)
- “Taxing Business during Deflation” (Yuhikaku, 2003)
- “Legal structure of public finance and financial policy” (Yuhikaku, 2018)
- “History of Taxation” (Zeimukeiri Kyokai, 2019)
- “Collected Articles and Essays on Tax Law Volume I: Study of Corporate Tax” (Yuhikaku, 2021)
- “Trends in Tax Law Volume I: Changes in Taxation Issues” (Zeimukeiri Kyokai, 2021)
- “Trends in Tax Law Volume II: Taxation of Financial Transactions” (Zeimukeiri Kyokai, 2021)
- “Trends in Tax Law Volume III: Income Tax Issues” (Zeimukeiri Kyokai, 2022)
- “Trends in Tax Law Volume IV: Background on Tax Reform” (Zeimukeiri Kyokai, 2022)
- “Collected Articles and Essays on Tax Law Volume II: Study of Income Tax” (Yuhikaku, 2022)