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Supplementary Provisions, Article 31Transitional Measures Concerning Non-taxation of Gift Tax for a Specified Person with a Disability

第三十一条(特別障害者に対する贈与税の非課税に関する経過措置)

With regard to the application of Article 21-4, paragraph (1) of the New Inheritance Tax Act to gift tax on property acquired by gift during the period from January 1, 1988 until the Effective Date, the phrase "specified person with a disability (excluding a person who falls under " in is deemed to be replaced with "specified person with a disability (".

昭和六十三年一月一日から施行日までの間に贈与により取得した財産に係る贈与税についてのの規定の適用については、中「特別障害者(の規定に該当する者を除く。」とあるのは、「特別障害者(」とする。

In the case where a person who intends to receive the application of Article 21-4, paragraph (1) of the New Inheritance Tax Act is a person who, with regard to gift tax on property acquired by gift on or before December 31, 1987 by that person, has been subject to the application of prior to amendment by the provisions of (hereinafter referred to as the "Former Inheritance Tax Act"), the value of that person's beneficial interest in a trust prescribed in Article 21-4, paragraph (1) of the New Inheritance Tax Act that is not included in the taxable value for gift tax pursuant to the provisions of is the value of the portion equivalent to the remainder obtained by deducting from 60,000,000 yen the total of the values, among the values of that person's beneficial interests in a trust prescribed in of the Former Inheritance Tax Act and Article 21-4, paragraph (1) of the New Inheritance Tax Act, that have already been excluded from the taxable value for gift tax pursuant to those provisions.

の規定の適用を受けようとする者が、その者の昭和六十二年十二月三十一日以前に贈与により取得した財産に係る贈与税についての規定による改正前の相続税法(以下「旧相続税法」という。)の規定の適用を受けたことがある者である場合には、その者のに規定する信託受益権の価額のうちの規定により贈与税の課税価格に算入しない価額は、六千万円から既にその者の及びに規定する信託受益権の価額のうちこれらの規定により贈与税の課税価格に算入しないこととされた価額の合計額を控除した残額に相当する部分の価額とする。

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