Regulation for Enforcement of the Income Tax Act

The places specified by Ministry of Finance Order as prescribed in Article 224, paragraph (1) (Notice by Recipients of Interest, Dividends, and Similar Income) of the Act are the places prescribed in the following items according to the categories, listed in those items, of persons receiving the payment prescribed in that paragraph (excluding individuals who have a domicile in Japan and corporations that have a head office or principal office in Japan).

an individual who has a residence in Japan: the place of residence of that individual;

a Nonresident who has a permanent establishment (excluding the persons listed in the preceding item): the location of the office, place of business or other equivalent facility relating to the business conducted through the permanent establishment of that Nonresident (where there are two or more of these, the principal one of them);

a Nonresident who does not have a permanent establishment (excluding the persons listed in item (i)): the place of domicile or place of residence of that Nonresident outside Japan;

a Foreign Corporation that has a permanent establishment: the location of the office, place of business or other equivalent facility of that Foreign Corporation prescribed in Article 17, item (i) (Place for Tax Payment for Foreign Corporations) of the Corporation Tax Act (where there are two or more of these, the principal one of them; and where that Foreign Corporation has made the registration prescribed in Article 304, item (ii) (Requirements for Foreign Corporations to Seek the Application of Special Provisions on Taxation) of the Order, the office, place of business or other equivalent facility for which it has made that registration);

a Foreign Corporation that does not have a permanent establishment: the location of the head office or principal office of that Foreign Corporation outside Japan.

The special deposits specified by Ministry of Finance Order as prescribed in Article 335, paragraph (1), item (i) (Scope of Interest, etc. Not Subject to the Obligation to Give Notice and of Public Corporations, etc.) of the Order are, among Deposits and Savings, those temporarily held by a person listed in item (i) of the following Article (excluding a trust company; referred to as a "financial institution" in the following paragraph) and other deposits received, other than current deposits, ordinary deposits, ordinary savings, notice deposits, notice savings, time deposits and time savings (including deferred savings), and the tax-payment savings association deposits and tax reserve deposits prescribed in Article 335, paragraph (1), item (iv) of the Order.

The tax reserve deposits specified by Ministry of Finance Order as prescribed in Article 335, paragraph (1), item (iv) of the Order are deposits (including savings; the same applies hereinafter in this paragraph) made with a financial institution for the purpose of applying them to the payment of taxes, which that financial institution accounts for separately from other deposits.

The persons specified by Ministry of Finance Order as prescribed in Article 336, paragraph (2), item (i) (Notice by Persons Receiving Interest, Dividends, and Similar Income on Deposits and Savings, Shares, etc.) of the Order are the following persons:

banks, life insurance companies, casualty insurance companies, trust companies, shinkin banks, federations of shinkin banks, labor banks, federations of labor banks, credit cooperatives, federations of credit cooperatives (meaning federations of cooperatives that carry out the business set forth in Article 9-9, paragraph (1), item (i) (Federations of Cooperatives) of the Small and Medium-Sized Enterprise Cooperatives Act (Act No. 181 of 1949)), the Norinchukin Bank and Shoko Chukin Bank Limited, as well as agricultural cooperatives, federations of agricultural cooperatives, specified succeeding companies (meaning the specified succeeding companies prescribed in Article 26, paragraph (1) (Special Provisions of the Norinchukin Bank Act, etc. Regarding Specified Succeeding Companies) of the Supplementary Provisions of the Act on Enhancement and Restructuring of Credit Business Conducted by The Norinchukin Bank and Specified Agricultural and Fishery Cooperative Savings Insurance Cooperation, etc.), fishery cooperatives, federations of fishery cooperatives, fishery processing cooperatives and federations of fishery processing cooperatives that accept savings;

a financial instruments business operator prescribed in Article 2, paragraph (9) (Definitions) of the Financial Instruments and Exchange Act (limited to a person who conducts Type I Financial Instruments Business prescribed in Article 28, paragraph (1) (General Provisions) of that Act);

an Investment Trust management company prescribed in Article 2, paragraph (11) (Definitions) of the Act on Investment Trusts and Investment Corporations.

The contracts specified by Ministry of Finance Order as prescribed in Article 336, paragraph (2), item (ii) (Notice by Persons Receiving Interest, Dividends, and Similar Income on Deposits and Savings, Shares, etc.) of the Order are the following contracts:

Deposits and Savings accumulated by agreeing on a certain deposit period or deposit amount and a certain deferment period, for which the deferment period is three months or more;

deferred savings;

among time deposits (including time savings, and excluding those set forth in item (i); the same applies hereinafter in this Article), those under which it is agreed that deposits will be made repeatedly;

among time deposits (excluding those set forth in the preceding item), those under which it is agreed in advance that, upon the expiry of the deposit period specified in the contract relating to that time deposit, the total amount of the principal and its interest will continue to be deposited as a time deposit of the same kind;

those under which it is agreed that two or more Deposits and Savings of different natures (excluding those set forth in the preceding items) will be deposited repeatedly (limited to those for which a single passbook is prepared for the purpose of entering and certifying together the matters relating to those two or more Deposits and Savings of different natures, and for which those matters are managed collectively through the account relating to that passbook);

among designated money trusts and Loan Trusts, those under which it is agreed that trusts will be created repeatedly;

those under which it is agreed that public and corporate bonds, or beneficial interests in Investment Trusts managed under instructions from the settlor prescribed in Article 2, paragraph (1) (Definitions) of the Act on Investment Trusts and Investment Corporations (hereinafter referred to as "Investment Trusts managed under instructions from the settlor" in item (ix)), specified-purpose trusts or Specified Trusts That Issue Beneficiary Certificates, will be purchased repeatedly from a person listed in item (i) or (ii) of the preceding Article;

those under which it is agreed that long-term credit bank debentures under Article 8 (Issuance of Long-Term Credit Bank Debentures) of the Long Term Credit Bank Act, specified corporate bonds under Article 8, paragraph (1) (Issuance of Specified Corporate Bonds) of the Act on Financial Institutions' Merger and Conversion (including the case where 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 Article 54-2-4, paragraph (1) (Issuance of National Federation Bonds) of the Shinkin Bank Act, Norinchukin Bank bonds under Article 60 (Issuance of Norinchukin Bank Bonds) of the Norinchukin Bank Act, or Shoko Chukin Bank bonds under Article 33 (Issuance of Shoko Chukin Bank Bonds) of the Shoko Chukin Bank Limited Act will be purchased repeatedly;

in addition to the contracts set forth in the preceding items, those under which it is agreed that two or more of the Deposits and Savings, etc. prescribed in Article 336, paragraph (2), item (i) of the Order, of different natures, will be deposited, entrusted or purchased repeatedly (in the case of an Investment Trust not managed under instructions from the settlor, prescribed in Article 2, paragraph (2) of the Act on Investment Trusts and Investment Corporations, that the trust will be created and an entry or record of its beneficial interests will be made in the transfer account book prescribed in the Act on Book-Entry Transfer of Corporate Bonds and Shares (Act No. 75 of 2001), and in the case of public and corporate bonds and beneficial interests in Investment Trusts managed under instructions from the settlor, specified-purpose trusts or Specified Trusts That Issue Beneficiary Certificates, that they will be purchased and an entry or record will be made in the transfer account book prescribed in that Act or they will be placed in custody) (limited to those for which a single passbook is prepared for the purpose of entering and certifying together the matters relating to those two or more Deposits and Savings, etc. of different natures, and for which those matters are managed collectively through the account relating to that passbook).