Article 134Special Provisions on Depreciation Allowance Based on Cumulative Amount of Depreciation of Depreciable Assets
第百三十四条（減価償却資産の償却累積額による償却費の特例）
Where, for a Depreciable Asset set forth in the following items that a Resident holds, the sum of the cumulative amount of the amounts included in necessary expenses as the depreciation allowance of that asset in calculating the Resident's amount of real property income, amount of business income, amount of timber income or amount of miscellaneous income for the year preceding that year and earlier years and the amount equivalent to the amount of the depreciation allowance for that year calculated for that Depreciable Asset by the method of depreciation prescribed in the relevant item exceeds the amount specified in the relevant item according to the category of Depreciable Asset set forth in that item, then, for that Depreciable Asset, notwithstanding the provisions of Article 131 through the preceding Article, the amount obtained by deducting the excess portion from the amount equivalent to that amount of depreciation allowance is the amount of depreciation allowance for that year.
居住者の有する次の各号に掲げる減価償却資産の償却費としてその者のその年の前年分以前の各年分の不動産所得の金額、事業所得の金額、山林所得の金額又は雑所得の金額の計算上必要経費に算入された金額の累積額と当該減価償却資産につき当該各号に規定する償却の方法により計算したその年分の償却費の額に相当する金額との合計額が当該各号に掲げる減価償却資産の区分に応じ当該各号に定める金額を超える場合には、当該減価償却資産については、第百三十一条から前条までの規定にかかわらず、当該償却費の額に相当する金額からその超える部分の金額を控除した金額をもつてその年分の償却費の額とする。
those acquired on or before March 31, 2007 (in the case of the Depreciable Assets set forth in (d) and (e), those for which the contract pertaining to the pre-amendment lease transaction prescribed in Article 120, paragraph (1), item (vi) (Methods of Depreciation of Depreciable Assets) for that Depreciable Asset was concluded by March 31, 2008), for which the former straight-line method, former declining-balance method, former units-of-production method, former overseas lease period straight-line method, the method of depreciation prescribed in Article 120-3, paragraph (1) (Special Methods of Depreciation of Depreciable Assets) or the former lease period straight-line method prescribed in Article 121-2, paragraph (1) (Special Provisions on Method of Depreciation for Lease Rental Assets) has been adopted as the method of depreciation to be followed: the amount specified in each of the following according to the following categories of assets;
平成十九年三月三十一日以前に取得されたもの（ニ及びホに掲げる減価償却資産にあつては、当該減価償却資産についての第百二十条第一項第六号（減価償却資産の償却の方法）に規定する改正前リース取引に係る契約が平成二十年三月三十一日までに締結されたもの）で、そのよるべき償却の方法として旧定額法、旧定率法、旧生産高比例法、旧国外リース期間定額法、第百二十条の三第一項（減価償却資産の特別な償却の方法）に規定する償却の方法又は第百二十一条の二第一項（リース賃貸資産の償却の方法の特例）に規定する旧リース期間定額法を採用しているもの 次に掲げる資産の区分に応じそれぞれ次に定める金額
Depreciable Assets set forth in Article 6, items (i) through (vii) (Scope of Depreciable Assets) (excluding mine shafts and the Depreciable Assets set forth in (d) and (e)): the amount equivalent to 95 percent of the acquisition price (meaning the acquisition price that serves as the basis for calculating the amount of the depreciation allowance of the Depreciable Asset, and, where the provisions of Article 130, paragraph (9) (Shortening of Useful Life) apply, the amount that would be the acquisition price serving as the basis for calculating the depreciation allowance of the Depreciable Asset if the provisions of that paragraph did not apply; the same applies hereinafter in this Article and in paragraph (1) of the following Article);
第六条第一号から第七号まで（減価償却資産の範囲）に掲げる減価償却資産（坑道並びにニ及びホに掲げる減価償却資産を除く。） その取得価額（減価償却資産の償却費の額の計算の基礎となる取得価額をいい、第百三十条第九項（耐用年数の短縮）の規定の適用がある場合には同項の規定の適用がないものとした場合に減価償却資産の償却費の計算の基礎となる取得価額となる金額とする。以下この条及び次条第一項において同じ。）の百分の九十五に相当する金額
mine shafts and the intangible Fixed Assets set forth in Article 6, item (viii) (excluding the Depreciable Assets set forth in (e)): the amount equivalent to the acquisition price;
living things set forth in Article 6, item (ix) (excluding the Depreciable Assets set forth in (e)): the amount equivalent to the amount obtained by deducting from the acquisition price the residual value specified by Ministry of Finance Order prescribed in Article 129 (Residual Value, etc. of Depreciable Assets) for the living things;
the Depreciable Assets set forth in Article 120, paragraph (1), item (vi): the amount equivalent to the amount obtained by deducting from the acquisition price the estimated residual value prescribed in that item for that Depreciable Asset;
第百二十条第一項第六号に掲げる減価償却資産 その取得価額から当該減価償却資産に係る同号に規定する見積残存価額を控除した金額に相当する金額
lease rental assets prescribed in Article 121-2, paragraph (1) to which that paragraph applies: the amount equivalent to the amount obtained by deducting from the acquisition price the guaranteed residual value prescribed in paragraph (3) of that Article for that lease rental asset (or one yen where that guaranteed residual value is zero);
第百二十一条の二第一項の規定の適用を受けている同項に規定するリース賃貸資産 その取得価額から当該リース賃貸資産に係る同条第三項に規定する残価保証額（当該残価保証額が零である場合には、一円）を控除した金額に相当する金額
those acquired on or after April 1, 2007 (in the case of the Depreciable Assets set forth in Article 120-2, paragraph (1), item (vi) (Methods of Depreciation of Depreciable Assets), those for which the contract pertaining to the lease transaction without transfer of ownership prescribed in paragraph (2), item (v) of that Article (referred to as a "lease transaction without transfer of ownership" in (c)) for that Depreciable Asset was concluded on or after April 1, 2008), for which the straight-line method, declining-balance method, Units-of-production Method, Units-of-production Method, etc., lease period straight-line method or the method of depreciation prescribed in Article 120-3, paragraph (1) has been adopted as the method of depreciation to be followed: the amount specified in each of the following according to the following categories of assets.
平成十九年四月一日以後に取得されたもの（第百二十条の二第一項第六号（減価償却資産の償却の方法）に掲げる減価償却資産にあつては、当該減価償却資産についての同条第二項第五号に規定する所有権移転外リース取引（ハにおいて「所有権移転外リース取引」という。）に係る契約が平成二十年四月一日以後に締結されたもの）で、そのよるべき償却の方法として定額法、定率法、生産高比例法、生産高等比例法、リース期間定額法又は第百二十条の三第一項に規定する償却の方法を採用しているもの 次に掲げる資産の区分に応じそれぞれ次に定める金額
Depreciable Assets set forth in Article 6, items (i) through (vii) and item (ix) (excluding mine shafts and the Depreciable Assets set forth in (c)): the amount equivalent to the amount obtained by deducting one yen from the acquisition price;
第六条第一号から第七号まで及び第九号に掲げる減価償却資産（坑道及びハに掲げる減価償却資産を除く。） その取得価額から一円を控除した金額に相当する金額
mine shafts and the intangible Fixed Assets set forth in Article 6, item (viii): the amount equivalent to the acquisition price;
the Depreciable Assets set forth in Article 120-2, paragraph (1), item (vi) (limited to those for which the contract pertaining to the lease transaction without transfer of ownership for that Depreciable Asset was concluded on or before March 31, 2027): the amount equivalent to the amount obtained by deducting from the acquisition price the guaranteed residual value prescribed in paragraph (2), item (vi) of that Article for that Depreciable Asset.
第百二十条の二第一項第六号に掲げる減価償却資産（当該減価償却資産についての所有権移転外リース取引に係る契約が令和九年三月三十一日以前に締結されたものに限る。） その取得価額から当該減価償却資産に係る同条第二項第六号に規定する残価保証額を控除した金額に相当する金額
Where the cumulative amount of the amounts included in necessary expenses, as the depreciation allowance of a Depreciable Asset set forth in item (i), (a) or (c) of the preceding paragraph that a Resident holds (limited to one for which the method of depreciation prescribed in that item has been adopted as the method of depreciation to be followed), in calculating the Resident's amount of real property income, amount of business income, amount of timber income or amount of miscellaneous income for the year preceding that year and earlier years has reached the amount provided for in (a) or (c) of that item for that Depreciable Asset, then, for that Depreciable Asset, notwithstanding the provisions of Article 131 through the preceding Article and paragraph (1), the amount calculated by dividing by five the amount obtained by deducting the amount provided for in (a) or (c) of that item and one yen from the acquisition price of that Depreciable Asset (or, where the sum of that calculated amount and the cumulative amount of the amounts included in necessary expenses, as the depreciation allowance of that Depreciable Asset, in calculating the Resident's amount of real property income, amount of business income, amount of timber income or amount of miscellaneous income for the year preceding that year and earlier years exceeds the amount obtained by deducting one yen from the acquisition price of that Depreciable Asset, the amount obtained by deducting the excess portion) is the amount of the depreciation allowance for that year.
居住者の有する前項第一号イ又はハに掲げる減価償却資産（そのよるべき償却の方法として同号に規定する償却の方法を採用しているものに限る。）の償却費としてその者のその年の前年分以前の各年分の不動産所得の金額、事業所得の金額、山林所得の金額又は雑所得の金額の計算上必要経費に算入された金額の累積額が当該減価償却資産の同号イ又はハに定める金額に達している場合には、当該減価償却資産については、第百三十一条から前条まで及び同項の規定にかかわらず、当該減価償却資産の取得価額から同号イ又はハに定める金額及び一円を控除した金額を五で除して計算した金額（当該計算した金額と当該減価償却資産の償却費としてその者のその年の前年分以前の各年分の不動産所得の金額、事業所得の金額、山林所得の金額又は雑所得の金額の計算上必要経費に算入された金額の累積額との合計額が当該減価償却資産の取得価額から一円を控除した金額を超える場合には、その超える部分の金額を控除した金額）をもつてその年分の償却費の額とする。
The provisions of Article 132 (Special Provisions on Depreciation Allowance for Depreciable Assets, etc. Put to Business Use in the Middle of the Year) apply mutatis mutandis to a Depreciable Asset to which the provisions of the preceding paragraph apply. In this case, the phrase "the preceding Article" in paragraph (1) of that Article is deemed to be replaced with "Article 134, paragraph (2)".
Read this with the articles around it
depreciation allowancemachine translation
「償却費」
The depreciation of a depreciable asset worked out under Article 49, paragraph (1) of the Income Tax Act.
Defined inArticle 120, paragraph (1)· applies only in this subsection
former declining-balance methodmachine translation
「旧定率法」
In Article 120 and the rules on calculating depreciation, the method of depreciating an asset each year by multiplying its acquisition cost (from the second year, less the depreciation already counted as necessary expenses) by a rate set for its useful life, so that the depreciation falls by a fixed proportion each year.
Defined inArticle 120, paragraph (1), item (i), (a), (2)· applies only in this division and in Part 2, Chapter 1, Section 4, Subsection 4, Division 3
former units-of-production methodmachine translation
「旧生産高比例法」
In Article 120 and the rules on calculating depreciation, the method of depreciating a mining asset by dividing its acquisition cost less its residual value by the quantity expected to be extracted from its mining area over its useful life (or over the expected years of extraction, if shorter), and multiplying that amount per unit by the quantity extracted in each year.
Defined inArticle 120, paragraph (1), item (iii), (c)· applies only in this division and in Part 2, Chapter 1, Section 4, Subsection 4, Division 3
former overseas lease period straight-line methodmachine translation
「旧国外リース期間定額法」
In Article 120 and the rules on calculating depreciation, the method of depreciating an overseas leased asset (国外リース資産) under a pre-amendment lease transaction (改正前リース取引) in which its acquisition cost less its estimated residual value is divided by the number of months of the lease set in the contract and multiplied by the months of lease in the year, giving that year's depreciation.
Defined inArticle 120, paragraph (1), item (vi)· applies only in this provision and in Part 2, Chapter 1, Section 4, Subsection 4, Division 3
units-of-production methodmachine translation
「生産高比例法」
The method of depreciating a mining asset by dividing its acquisition cost by the quantity expected to be extracted from its mining area over its useful life (or over the area's expected years of extraction, if shorter), and charging as each year's depreciation that amount per unit multiplied by the quantity extracted that year.
Defined inArticle 120-2, paragraph (1), item (iii), (a), (2)· applies only in this division and in Part 2, Chapter 1, Section 4, Subsection 4, Division 3
units-of-production method, etc.machine translation
「生産高等比例法」
The method of depreciating a mining right or a storage right (貯留権) by dividing its acquisition cost by the quantity expected to be extracted from its mining area, or injected into its storage area, over its useful life (or over the expected years of extraction or injection, if shorter), and charging as each year's depreciation that amount per unit multiplied by the quantity extracted or injected that year.
Defined inArticle 120-2, paragraph (1), item (v), (b)· applies only in this division and in Part 2, Chapter 1, Section 4, Subsection 4, Division 3
lease period straight-line methodmachine translation
「リース期間定額法」
The method of depreciating a leased asset that takes as each year's depreciation its acquisition cost — less any residual value guarantee amount included in it, for a contract concluded on or before 31 March 2027 — divided by the number of months in the lease period and multiplied by the months of the lease period falling in that year.
Defined inArticle 120-2, paragraph (1), item (vi)· applies only in this provision and in Part 2, Chapter 1, Section 4, Subsection 4, Division 3
lease transaction without transfer of ownershipmachine translation
「所有権移転外リース取引」
In Article 120-2, a lease transaction as defined in Article 67-2, paragraph (3) of the Income Tax Act other than one under which the leased asset passes to the lessee free or for a nominal price, the lessee has a purchase option certain to be exercised, the asset is expected to be used only by the lessee or is hard to identify, or the lease period is much shorter than the asset's useful life so as to greatly reduce the lessee's income tax.
Defined inArticle 120-2, paragraph (2), item (v)· applies only in this paragraph
guaranteed residual valuemachine translation
「残価保証額」
In Article 120-2, the amount guaranteed in a non-ownership-transfer lease (所有権移転外リース取引) contract, where the lessee is to pay the lessor any shortfall if the leased asset's disposal value at the end of the lease period falls below it.
Defined inArticle 120-2, paragraph (2), item (vi)· applies only in this paragraph
lease rental assetmachine translation
「リース賃貸資産」
A depreciable asset leased out under a pre-amendment lease transaction (改正前リース取引, a lease transaction as Article 184-2, paragraph (1) of the Order for Enforcement of the Income Tax Act defined it before Cabinet Order No. 82 of 2007), other than a foreign leased asset (国外リース資産) leased to a nonresident or foreign corporation; for it the owner may choose the old lease period straight-line method of depreciation.
Defined inArticle 121-2, paragraph (1)· applies only in this article
acquisition pricemachine translation
「取得価額」
The acquisition price on which the depreciation of a depreciable asset is based, worked out as if Article 130, paragraph (9) (shortened useful life) did not apply where it does.
Defined inArticle 134, paragraph (1), item (i), (a)· applies only in this article and in Article 134-2, paragraph (1)
lease transaction without transfer of ownershipmachine translation
「所有権移転外リース取引」
In Article 134, paragraph (1), item (ii), a lease transaction without transfer of ownership as defined in Article 120-2, paragraph (2), item (v).
Short name set inArticle 134, paragraph (1), item (ii)· applies only in this provision