Supplementary Provisions, Article 4Transitional Measures Concerning Nontaxability of Interest Income from Small Amounts of Deposits
第四条（少額預金の利子所得等の非課税に関する経過措置）
The provisions of Article 10 (Nontaxability of Interest Income from Small Amounts of Deposits) of the new Act apply to Deposits and Savings, Jointly Managed Trusts or Securities prescribed in paragraph (1) of that Article that are deposited, placed in trust or purchased on or after the date on which this Act comes into effect (hereinafter referred to as "the effective date").
If an individual domiciled in Japan holds Deposits and Savings, Jointly Managed Trusts or Securities prescribed in Article 10, paragraph (1) of the Income Tax Act prior to the amendment by the provisions of Article 1 (hereinafter referred to as "the former Act") which the individual deposited, placed in trust or purchased before the effective date and which satisfy the requirements prescribed in that Article as of that date, those Deposits and Savings, Jointly Managed Trusts or Securities are deemed to have been deposited, placed in trust or purchased by the individual on that date in accordance with the requirements of Article 10 of the new Act, and the provisions of that Article apply to them.
If an individual prescribed in the preceding paragraph holds, on the effective date, Deposits and Savings, Jointly Managed Trusts or Securities prescribed in Article 10, paragraph (1) of the new Act which the individual deposited, placed in trust or purchased at a business office or other such place of a financial institution prescribed in that paragraph during the period from December 1, 1973 to the day before the effective date (excluding those to which the provisions of the preceding paragraph apply; hereinafter referred to as "former Deposits and Savings" in this Article), and the individual has submitted, by the day on which the individual first receives payment on or after the effective date of interest or distributions of proceeds on those former Deposits and Savings (limited to those to be received on or after the effective date) (or by December 31, 1974, if that day is after December 31, 1974, or, if on or after the effective date and before either of those days the individual deposits, places in trust or purchases at the business office or other such place of that financial institution Deposits and Savings, Jointly Managed Trusts or Securities prescribed in Article 10, paragraph (1) of the new Act to which the individual seeks to have that paragraph applied, by the day on which the individual first deposits, places in trust or purchases them), a statement of tax-exempt savings prescribed in paragraph (3) of that Article or a statement prescribed in paragraph (4) of that Article to the district director prescribed in those provisions via the business office or other such place of that financial institution, and an application to exempt savings from taxation prescribed in paragraph (1) of that Article concerning those former Deposits and Savings to the business office or other such place of that financial institution (if those former Deposits and Savings are a Loan Trust relating to bearer beneficiary certificates prescribed in item (ii) of that paragraph or Securities prescribed in item (iii) of that paragraph, limited to cases in which the entrustment for custody or the registration prescribed in those provisions is made at the time of that submission), then, with regard to that interest or those distributions of proceeds, those former Deposits and Savings are deemed to have been deposited, placed in trust or purchased at the business office or other such place of that financial institution on the effective date, those statements and that application are deemed to have been submitted on that date, and that entrustment for custody or registration is deemed to have been made on that date, and the provisions of that Article apply.
前項に規定する個人が、施行日において新法第十条第一項に規定する預貯金、合同運用信託又は有価証券で昭和四十八年十二月一日から施行日の前日までの間に同項に規定する金融機関の営業所等において預入し、信託し、又は購入したもの（前項の規定の適用を受けるものを除く。以下この条において「旧預貯金等」という。）を有する場合において、当該旧預貯金等に係る利子又は収益の分配（施行日以後に支払を受けるべきものに限る。）につき同日以後最初に支払を受ける日（その日が昭和四十九年十二月三十一日後である場合には、同日とし、施行日以後これらの日前に当該金融機関の営業所等において新法第十条第一項に規定する預貯金、合同運用信託又は有価証券で同項の規定の適用を受けようとするものを預入し、信託し、又は購入する場合には、その最初に預入し、信託し、又は購入する日とする。）までに、同条第三項に規定する非課税貯蓄申告書又は同条第四項に規定する申告書を当該金融機関の営業所等を経由してこれらの規定に規定する税務署長に、当該旧預貯金等に係る同条第一項に規定する非課税貯蓄申込書を当該金融機関の営業所等に、それぞれ提出したとき（当該旧預貯金等が同項第二号に規定する無記名の受益証券に係る貸付信託又は同項第三号に規定する有価証券である場合には、その提出の際これらの規定に規定する保管の委託又は登録がされるときに限る。）は、当該利子又は収益の分配については、当該旧預貯金等は施行日に当該金融機関の営業所等において預入し、信託し、又は購入したものと、これらの申告書及び申込書は同日に提出されたものと、当該保管の委託又は登録は同日に行われたものと、それぞれみなして同条の規定を適用する。
Beyond what is provided for in the preceding paragraph, necessary matters concerning the application of the provisions of Article 10 of the new Act to former Deposits and Savings are specified by Cabinet Order.