Hideyuki Aizawa, head of the tax panel of the Liberal Democratic Party, said the LDP will seek to implement a tax break for relatively small capital gains during the current Diet session that ends June 29.

He also said the party will aim to remove a ban on treasury stocks during the same session.

Aizawa, the newly appointed chairman of the Tax System Research Commission, said his panel will draft the relevant bill to make small capital gains tax-free so that it can be submitted to the Diet on Thursday.