Regulation for Enforcement of the Income Tax Act

The solicitation for acquisition specified by Ministry of Finance Order as prescribed in Article 33, paragraph (4), item (viii) (Scope of Securities Exempt from Taxation on Interest Income, etc.) of the Order is to be a solicitation for acquisition (hereinafter referred to as "solicitation for acquisition" in this paragraph) prescribed in Article 2, paragraph (3) (Definitions) of the Financial Instruments and Exchange Act (Act No. 25 of 1948) relating to the public offering of the beneficial interests that falls under the case set forth in paragraph (3), item (i) of that Article, and that is made with a statement in the prospectus prescribed in paragraph (10) of that Article and in the asset trust securitization plan prescribed in Article 2, paragraph (14) (Definitions) of the Act on the Securitization of Assets (Act No. 105 of 1998) to the effect that the solicitation for acquisition falls under the case set forth in Article 2, paragraph (3), item (i) of the Financial Instruments and Exchange Act.

The international organization specified by Ministry of Finance Order as prescribed in Article 33, paragraph (4), item (ix) of the Order is an international organization exempted by a treaty or international agreement from the obligation of Withholding in Japan on interest on the bonds that it issues.

The contracts relating to deposits and similar savings specified by Ministry of Finance Order as prescribed in Article 35, paragraph (1) (Special Provisions on Application Forms for Tax-Exempt Savings Concerning Ordinary Deposit Contracts, etc.) of the Order are the following.

ordinary deposits (including ordinary savings) or savings-type deposits (including savings-type postal savings);

a deposit (including savings; hereinafter the same in this item) made to a financial institution (meaning a person listed in Article 32, item (i) (Scope of Financial Institutions, etc.) of the Order) for the purpose of paying taxes, which that financial institution accounts for separately from other deposits;

tax fund saving partnership deposits prescribed in Article 2, paragraph (2) (Definitions) of the Tax Fund Saving Partnership Act (Act No. 145 of 1951);

Deposits and Savings accumulated by agreeing to a fixed deposit period, or a fixed deposit amount and a fixed deferral period, for which the deferral period is three months or more;

deferred savings;

Deposits and Savings accepted by a person listed in Article 32, item (ii) or (iii) of the Order;

time deposits (including time savings, and excluding those set forth in item (iv)) or notice deposits (including notice savings), for which it is agreed that deposits will be made repeatedly;

designated money trusts and Loan Trusts, for which it is agreed that placement in trust will be made repeatedly;

an agreement to repeatedly purchase Securities from a person listed in Article 32, item (i), (iv), or (v) of the Order;

a contract under which a person agrees to repeatedly purchase long-term credit bank debentures under the provisions of Article 8 (Issuance of Long-Term Credit Bank Debentures) of the Long Term Credit Bank Act (Act No. 187 of 1952), specified corporate bonds under the provisions of Article 8, paragraph (1) (Issuance of Specified Corporate Bonds) of the Act on Financial Institutions' Merger and Conversion (Act No. 86 of 1968) (including as applied mutatis mutandis pursuant to Article 55, paragraph (4) (Conversion of a Long-Term Credit Bank into an Ordinary Bank) of that Act), national federation bonds under the provisions of Article 54-2-4, paragraph (1) (Issuance of National Federation Bonds) of the Shinkin Bank Act (Act No. 238 of 1951), Norinchukin Bank bonds under the provisions of Article 60 (Issuance of Norinchukin Bank Bonds) of the Norinchukin Bank Act (Act No. 93 of 2001), or Shoko Chukin Bank bonds under the provisions of Article 33 (Issuance of Shoko Chukin Bank Bonds) of the Shoko Chukin Bank Limited Act (Act No. 74 of 2007).

The matters specified by Ministry of Finance Order as prescribed in Article 35, paragraph (4) of the Order are as follows:

the name, date of birth and address of the person who submits the written notification prescribed in Article 35, paragraph (4) of the Order (referred to as the "submitter" in item (iii));

the date on which, and the fact that, the submitter ceased to fall under the category of a Person with a Disability or other eligible person;

the type of the Deposits and Savings, etc. that the submitter has stated in the statement of tax-exempt savings submitted via the business office of that financial institution or other such place;

any other matters for reference.

The interest, distributions of proceeds or dividends of surplus relating to the portion of the Deposits and Savings, etc. placed, etc. on or after the day of ceasing to fall under the category of a Person with a Disability or other eligible person as prescribed in Article 36, paragraph (2) (Cases Where Interest Income, etc. from Small Amounts of Deposits Held by Persons with Disabilities and Other Eligible Persons Is Not Exempt from Taxation, etc.) of the Order are to be calculated on the basis of the amount of the Deposits and Savings, etc. placed, etc. on or after that day (or, if those Deposits and Savings, etc. are Securities, the face value or equivalent amount prescribed in Article 10, paragraph (1) (Nontaxability of Interest Income from Small Amounts of Deposits Held by Persons with Disabilities and Other Eligible Persons) of the Act), the period from the day of that placement, etc. to the day of withdrawal, cancellation, redemption or purchase and cancellation of those Deposits and Savings, etc., and the interest rate on those Deposits and Savings, etc.

The items specified by Ministry of Finance Order as prescribed in Article 36, paragraph (3) of the Order are ordinary deposits, ordinary savings, savings deposits, savings-deposit-type savings, the Deposits and Savings set forth in paragraph (1), items (ii) and (iii) of the preceding Article, and Deposits and Savings accepted by a person set forth in Article 32, item (ii) or (iii) (Scope of Financial Institutions, etc.) of the Order which are equivalent to ordinary deposits or ordinary savings.