Income Tax Act

a lump-sum payment based onreceived under the provisions of the Coal MiningDefined-Benefit Corporate Pension Fund Act (Act No. 13550 of 19672001) which is paid due to a pit workerparticipant as prescribed in Article 1625, paragraph (1) (Payment for Pit WorkersParticipants) of that Act or surface worker as leaving employment (if the contributions made under the plan rules for a defined-benefit corporate pension plan prescribed in Article 183, paragraph (1) (Payment for Surface WorkersImplementation of Defined-Benefit Corporate Pension Plans) of that Act leaving employment, or any other lump-sum payment provided for by Cabinet Order which is based on a system similar toinclude an amount borne by that participant, this is limited to the part equivalent to the amount remaining after deducting the social insurance system under amount so borne from the amount of that Actlump-sum payment), or any other lump-sum payment specified by Cabinet Order as being similar thereto;

a lump-sum payment that the taxpayer receives based on the Fixed-Benefit Corporate Pension Act (Act No. 50 of 2001), and which is paid due to a member as prescribed in Article 25, paragraph (1) (Members) of that Act leaving employment (if any part of installment deposits contributed based on bylaws regarding fixed-benefit corporate pensions as prescribed in Article 3, paragraph (1) (Implementation of Fixed-Benefit Corporate Pensions) of that Act constitute an amount borne by the member, the application of this paragraph is limited to the part of the lump-sum payment that is equivalent to the amount of that lump-sum payment less the amount borne by the member) or any other lump-sum payment prescribed by Cabinet Order as being similar thereto.

pensions based on the provisions of the Acts prescribed in Article 31, item (i) and item (ii) ((Lump-Sum Payments Deemed to Constitute Severance Pay and Other Such Compensation) and pensions as prescribed by Cabinet Order which are based on the systems prescribed in item (i) and item (ii) of that Articleitem (including any similar payments; the same applies in item (iii));

pensions received based on the provisions of the Fixed-Benefit Corporate Pension Act (if any part of installment deposits contributed based on bylaws provided for in Article 31, item (iiiii) constitutes an amount borne by the member prescribed in Article 25, paragraph (1) (Members) of that Act (including a person who was formerly a member as prescribed in that paragraph) to whom the pension is paid, this is limited to the part of the pension received based on the provisions of the Fixed-Benefit Corporate Pension Act which constitutes the amount of that pension less the part of the amount borne by the member which is calculated pursuant to Cabinet Order as being part of the amount of pension so received) and other pensions that Cabinet Order prescribes as being similar thereto.

a pension (including a benefit similar thereto) paid under a system for insurance or mutual aid based on foreign laws or orders which is similar to a system for social insurance or mutual aid under the provisions of the Acts prescribed in Article 31, itemsitem (i) and (ii) (Lump-Sum Payments Deemed to Be Severance Pay and Other Such Compensation);

If a lump-sum payment deemed to be severance pay or other such compensation pursuant to Article 31, item (iiiii) (Lump-Sum Payments Deemed to Be Severance Paypay or Other Such Compensationother such compensation) is paid and the contributions made under the plan rules prescribed in that item include an amount borne by the participant prescribed in that item (including cases specified by Cabinet Order as similar to this), for the purpose of applying the preceding Article, severance pay or other such compensation is deemed to have been paid in an amount equivalent to the amount remaining after deducting the amount so borne (including any amount specified by Cabinet Order) from the amount of that lump-sum retirement payment.