Regulation for Enforcement of the Income Tax Act

Those specified by Ministry of Finance Order as prescribed in Article 24, paragraph (1) (Dividend Income) of the Act are, among the distributions of monies under Article 137 (Distribution of Monies) of the Act on Investment Trusts and Investment Corporations, those for which there is an amount to be deducted, pursuant to the provisions of paragraph (3) of that Article, from the total contributions or from the amount of the surplus from contributions under Article 135 (Surplus from Contributions) of that Act (excluding a distribution of monies in which that amount is equal to the amount of increase in the temporary difference adjustment allowance (meaning the amount that is presented separately as the temporary difference adjustment allowance prescribed in Article 2, paragraph (2), item (xxx) (Definitions) of the Regulation on Accounting of Investment Corporations (Cabinet Office Order No. 47 of 2006) pursuant to the provisions of the latter part of Article 39, paragraph (3) or the latter part of paragraph (6) (Classification of the Net Assets Section) of that Regulation; the same applies in the following paragraph)).

The amount specified by Ministry of Finance Order as prescribed in Article 61, paragraph (2), item (v) (Method of Calculating the Amount of Stated Capital, etc. Corresponding to Shares Held) of the Order is the amount obtained by deducting the increase in the temporary difference adjustment allowance resulting from the distribution accompanying a decrease in contributions, etc. referred to in that item from the total amount of the total contributions deduction amount that increases through that distribution (meaning the amount classified as the total contributions deduction amount pursuant to the provisions of Article 39, paragraph (3) of the Regulation on Accounting of Investment Corporations) and the surplus-from-contributions deduction amount (meaning the amount classified as the surplus-from-contributions deduction amount pursuant to the provisions of Article 39, paragraph (6) of that Regulation).

The amount calculated as provided by Ministry of Finance Order as prescribed in Article 61, paragraph (6), item (xi), (a)(2) and (b)(2) of the Order is the amount equivalent to the adjusted book value prescribed in that item of the shares (including contributions; the same applies hereinafter in this paragraph) of the other adjustment-target group-taxation corporation referred to in (a)(2) or (b)(2) of that item (if, immediately before the split-type split under Article 61, paragraph (2), item (ii) of the Order or the share distribution under item (iii) of that paragraph, that other adjustment-target group-taxation corporation holds shares of the adjustment-target group-taxation corporation referred to in Article 61, paragraph (6), item (xi), (a)(2) or (b)(2) of the Order, the adjusted book value prescribed in Article 61, paragraph (6), item (xi) of the Order calculated on the assumption that the amounts specified in (a)(2) and (b)(2) of that item pertaining to those shares do not exist).

The contributions specified by Ministry of Finance Order as prescribed in Article 64, paragraph (1), item (ii) (Treatment of Contributions, etc. Based on Defined-Benefit Corporate Pension Rules, etc.) of the Order are the following contributions:

the contributions under Article 54-4 (Lump-Sum Payment of Contributions in the Case of Transfer of Assets) of the Order for Enforcement of the Defined-Benefit Corporate Pension Act (Cabinet Order No. 424 of 2001) that were paid pursuant to the provisions of that Article;

the contributions under Article 54-8, item (iii) (Standards for Transfer of Reserves, etc. to the Incorporated Administrative Agency Organization for Workers' Retirement Allowance Mutual Aid) of the Order for Enforcement of the Defined-Benefit Corporate Pension Act that were paid, on the basis of the rules pertaining to a defined-benefit corporate pension prescribed in Article 3, paragraph (1) (Implementation of a Defined-Benefit Corporate Pension) of the Defined-Benefit Corporate Pension Act (Act No. 50 of 2001), for a person who was a participant under Article 82-5, paragraph (1) (Transfer of Reserves, etc. from a Defined-Benefit Corporate Pension to the Incorporated Administrative Agency Organization for Workers' Retirement Allowance Mutual Aid) of that Act; and

the contributions under Article 64 (Treatment Where the Amount of Reserves Is Insufficient for the Expenses Required for the Benefit Business) of the Regulation for Enforcement of the Defined-Benefit Corporate Pension Act (Ministry of Health, Labour and Welfare Order No. 22 of 2002) that were paid pursuant to the provisions of that Article.

The periods specified by Ministry of Finance Order as periods equivalent to the period as a participant in a corporate-type pension plan prescribed in Article 69, paragraph (1), item (ii) (Calculation of Years of Service Pertaining to the Retirement Income Deduction) of the Order are the periods specified in the following items for the cases set out respectively in those items:

in the case where the amount paid to that person as a lump-sum retirement payment, etc. prescribed in Article 69, paragraph (1), item (i) of the Order (limited to that which falls under the lump-sum payments set out in Article 72, paragraph (3), item (vii) (Lump-Sum Payments Deemed to Be Severance Pay or Other Such Compensation) of the Order; hereinafter in this Article referred to as "old-age benefit") includes assets that an asset management institution (meaning an asset management institution prescribed in Article 2, paragraph (7), item (i), (b) (Definitions) of the Defined Contribution Pension Act (Act No. 88 of 2001); the same applies in the following item) received by transfer pursuant to the provisions of Article 54, paragraph (1) (Transfer of Assets from Other Systems) of that Act, the following periods:

the period, among the periods that formed the basis for calculating the amount of those assets, on or after the month following the month that includes the day before the day on which that person attained the age of sixty; and

the period that overlaps with the period as an investment instructor of a corporate-type pension plan prescribed in Article 33, paragraph (2), item (ii) (Requirements for Payment) of the Defined Contribution Pension Act (hereinafter referred to as the "period as an investment instructor of a corporate-type pension plan" in this Article) or the instructor of an individual-type pension plan investment period prescribed in item (iv) of that paragraph (hereinafter referred to as the "instructor of an individual-type pension plan investment period" in this Article), among the periods specified in the items of Article 30, paragraph (1) (Periods to Be Counted in the Aggregate Participant Period) of the Regulation for Enforcement of the Defined Contribution Pension Act (Ministry of Health, Labour and Welfare Order No. 175 of 2001), or the period prescribed in Article 2, paragraph (2) (Special Provisions on Qualified Retirement Pension Contracts) of the Supplementary Provisions of that Regulation, that formed the basis for calculating the amount of those assets.

in the case where the amount paid to that person as old-age benefit includes an amount equivalent to a lump-sum withdrawal payment, etc. prescribed in Article 54-2, paragraph (1) (Transfer of an Amount Equivalent to Lump-sum Withdrawal Payment) of the Defined Contribution Pension Act that the asset management institution received by transfer pursuant to the provisions of that paragraph, the following periods:

the period, among the periods that formed the basis for calculating that amount equivalent to lump-sum withdrawal payment, etc., on or after the month following the month that includes the day before the day on which that person attained the age of sixty; and

the period that overlaps with the period as an investment instructor of a corporate-type pension plan or the instructor of an individual-type pension plan investment period, among the periods specified in the items of Article 30, paragraph (2) of the Regulation for Enforcement of the Defined Contribution Pension Act that formed the basis for calculating that amount equivalent to lump-sum withdrawal payment, etc.

The periods specified by Ministry of Finance Order as periods equivalent to the period as a participant in an individual-type pension plan prescribed in Article 69, paragraph (1), item (ii) of the Order are the following periods in the case where the amount paid to that person as old-age benefit includes an amount equivalent to a lump-sum withdrawal payment, etc. or residual assets prescribed in Article 74-2, paragraph (1) (Transfer of an Amount Equivalent to Lump-sum Withdrawal Payment or Residual Assets) of the Defined Contribution Pension Act that the federation prescribed in Article 2, paragraph (5) of that Act received by transfer pursuant to the provisions of Article 74-2, paragraph (1) of that Act:

the period, among the periods that formed the basis for calculating that amount equivalent to lump-sum withdrawal payment, etc. or those residual assets, on or after the month following the month that includes the day before the day on which that person attained the age of sixty; and

the period that overlaps with the period as an investment instructor of a corporate-type pension plan or the instructor of an individual-type pension plan investment period, among the periods specified in the items of Article 30, paragraph (2) of the Regulation for Enforcement of the Defined Contribution Pension Act as applied mutatis mutandis pursuant to Article 59, paragraph (2) (Provisions Applied Mutatis Mutandis) of that Regulation that formed the basis for calculating that amount equivalent to lump-sum withdrawal payment, etc. or those residual assets.