Supplementary Provisions, Article 5Transitional Measures Concerning the Life Insurance Premium Deduction and the Casualty Insurance Premium Deduction

The events specified by Cabinet Order prescribed in Article 77, paragraph (2), item (i) (Casualty Insurance Premium Deduction) of the Income Tax Act as amended by the provisions of Article 2 (Partial Amendment of the Income Tax Act) of the Act Partially Amending the Corporation Tax Act, etc. (Act No. 6 of 2001), as applied with terms replaced pursuant to the provisions of Article 14 (Transitional Measures Concerning the Life Insurance Premium Deduction and the Casualty Insurance Premium Deduction) of the Supplementary Provisions of that Act, are bodily injury or illness or a person's condition resulting from these (limited to cases where the terms of the contract listed in that item provide that a fixed amount of insurance proceeds will be paid on account of these events), as well as the events listed in Article 210-2, items (i) and (iii) (Scope of Events for Payment of Insurance Proceeds) of the New Order.