①With respect to gift tax, notwithstanding the provisions of Article 70 (Time Limit for Reassessment and Determination, etc. of National Tax) of the Act on General Rules for National Taxes, the district director may make a reassessment or determination listed in the following items (hereinafter in this paragraph and paragraph (4) referred to as a "reassessment or determination") or an assessment and determination (meaning the assessment and determination prescribed in Article 32, paragraph (5) (Assessment and Determination) of that Act; the same applies hereinafter in this Article) until the day on which six years have passed from the deadline or day specified in each of those items. In this case, with regard to the application of the provisions of Article 71, paragraph (1) (Special Provisions on Time Limits for Determination and Reassessment of National Tax) of that Act, the phrase "pursuant to the provisions of the preceding Article" in that paragraph is deemed to be replaced with "pursuant to the provisions of the preceding Article and Article 37, paragraphs (1) through (4) of the Inheritance Tax Act (Special Provisions on Time Limits for Reassessment, Determination, etc. of Gift Tax)", and the phrase "Notwithstanding the provisions of the preceding Article" with "Notwithstanding the provisions of the preceding Article and Article 37, paragraphs (1) through (4) of that Act".

②A reassessment relating to a request for reassessment made under the provisions of Article 23, paragraph (1) (Request for Reassessment) of the Act on General Rules for National Taxes within six months before the day on which it becomes impossible to make a reassessment pursuant to the provisions of the preceding paragraph, or an assessment and determination made on penalty tax relating to gift tax in conjunction with that reassessment, may be made until the day on which six months have passed from the day on which that request for reassessment was made, notwithstanding the provisions of the preceding paragraph. In this case, with regard to the application of the provisions of Article 72, paragraph (1) (Extinctive Prescription of the Right to Collection of National Tax) of that Act, the phrase "Article 70, paragraph (3) (Time Limit for Reassessment and Determination, etc. of National Tax)" in that paragraph is deemed to be replaced with "Article 37, paragraph (2) of the Inheritance Tax Act (Special Provisions on Time Limits for Reassessment, Determination, etc. of Gift Tax)", and the phrase "prescribed in Article 70, paragraph (3)" with "prescribed in Article 37, paragraph (2) of that Act".

③An assessment and determination made, in conjunction with the filing of a tax return prescribed in Article 2, item (vi) (Definitions) of the Act on General Rules for National Taxes made within three months before the day on which it becomes impossible to make an assessment and determination pursuant to the provisions of paragraph (1), on penalty tax for failure to file relating to gift tax (limited to that to which Article 66, paragraph (8) (Penalty Tax for Failure to File) of that Act applies) may be made until the day on which three months have passed from the day on which that tax return was filed, notwithstanding the provisions of paragraph (1). In this case, with regard to the application of the provisions of Article 72, paragraph (1) of that Act, the phrases "paragraph (4) of that Article" and "Article 70, paragraph (4)" in that paragraph are deemed to be replaced with "Article 37, paragraph (3) of the Inheritance Tax Act (Special Provisions on Time Limits for Reassessment, Determination, etc. of Gift Tax)".

④A reassessment or determination, or an assessment and determination, on gift tax (including penalty tax relating to that gift tax) the whole or part of the amount of which has been evaded, or the whole or part of the amount of which has been refunded, by deception or other wrongful acts, and a reassessment of the amount of net loss, etc. prescribed in Article 2, item (vi), (c) of the Act on General Rules for National Taxes that arose in the taxable period prescribed in item (ix) of that Article and is stated in a tax return prescribed in item (vi) of that Article (where there was a reassessment regarding that amount, the amount after that reassessment), in the case where that tax return was filed on the basis that the amount of net loss, etc. was overstated by deception or other wrongful acts, may be made, notwithstanding the provisions of the preceding three paragraphs, until the day on which seven years have passed from the deadline or day specified in each of the following items according to the category of reassessment or determination or assessment and determination listed in the following items:

⑤In the case referred to in paragraph (1), the prescription of the national tax collection right prescribed in Article 72, paragraph (1) of the Act on General Rules for National Taxes relating to gift tax does not run for one year from the deadline for filing a return under the provisions of Article 28, paragraph (1) or (2) for that gift tax, except in the case where Article 73, paragraph (3) (Suspension of Completion and Renewal of Prescription) of that Act applies.

⑥In the case referred to in the preceding paragraph, the provisions of the proviso to Article 73, paragraph (3) of the Act on General Rules for National Taxes apply mutatis mutandis. In this case, the phrase "within two years" in the proviso to that paragraph is deemed to be replaced with "within one year".