Supplementary Provisions, Article 35-2-3Special Provisions on Taxation of Capital Gains, etc. on Shares, etc. in the Case Where Specified Managed Shares, etc. Have Lost Their Value
第三十五条の二の三（特定管理株式等が価値を失つた場合の株式等に係る譲渡所得等の課税の特例）
Where, in the case of a person liable for the income levy of prefectural inhabitant tax, a fact set out in the items of Article 37-11-2, paragraph (1) of the Act on Special Measures Concerning Taxation occurs as a case in which a loss arises because the specified managed shares, etc. prescribed in that paragraph that the person holds (hereinafter in this Article referred to as "specified managed shares, etc.") or the bonds held in a specified account prescribed in that paragraph (hereinafter in this Article referred to as "bonds held in a specified account") have lost their value as shares or as bonds prescribed in Article 37-10, paragraph (2), item (vii) of the Act on Special Measures Concerning Taxation (referred to as "bonds" in paragraph (5)), the occurrence of that fact is deemed to be a transfer of those specified managed shares, etc. or bonds held in a specified account, and the amount specified by Cabinet Order as the amount of that loss is deemed to be the amount of a loss arising from the transfer of listed shares, etc. prescribed in Article 35-2-6, paragraph (2) of the Supplementary Provisions, respectively, and the provisions concerning prefectural inhabitant tax, including those of this paragraph through paragraph (4) of this Article, paragraphs (1) through (4) of the preceding Article and Article 35-2-6, paragraphs (1) through (7) of the Supplementary Provisions, apply.
道府県民税の所得割の納税義務者について、その有する租税特別措置法第三十七条の十一の二第一項に規定する特定管理株式等（以下この条において「特定管理株式等」という。）又は同項に規定する特定口座内公社債（以下この条において「特定口座内公社債」という。）が株式又は同法第三十七条の十第二項第七号に規定する公社債（第五項において「公社債」という。）としての価値を失つたことによる損失が生じた場合として同法第三十七条の十一の二第一項各号に掲げる事実が発生したときは、当該事実が発生したことは当該特定管理株式等又は特定口座内公社債の譲渡をしたことと、当該損失の金額として政令で定める金額は附則第三十五条の二の六第二項に規定する上場株式等の譲渡をしたことにより生じた損失の金額とそれぞれみなして、この項から第四項まで、前条第一項から第四項まで及び附則第三十五条の二の六第一項から第七項までの規定その他の道府県民税に関する規定を適用する。
Changes on (Act No. 2 of 2026)
Where a person liable for the income levy of prefectural inhabitant tax has, in the previous year, made a transfer (meaning a transfer prescribed in Article 37-11-2, paragraph (2) of the Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph, paragraph (6) and the following Article through Article 35-3 of the Supplementary Provisions) of specified managed shares, etc. that are recorded or registered in the transfer account book prescribed in Article 37-11-2, paragraph (1) of the Act on Special Measures Concerning Taxation (referred to as the "transfer account book" in paragraph (6) and paragraph (1) of the following Article) relating to a specified management account prescribed in that paragraph (where the person has two or more specified management accounts, each specified management account; hereinafter in this paragraph and paragraph (6) referred to as the "specified management account"), or that have been entrusted for custody to the specified management account, the person is to calculate, as provided for by Cabinet Order, the amount of business income, amount of capital gains or amount of miscellaneous income arising from the transfer of those specified managed shares, etc., separately from the amount of business income, amount of capital gains or amount of miscellaneous income arising from the transfer of shares, etc. prescribed in Article 37-10, paragraph (2) of the Act on Special Measures Concerning Taxation other than those specified managed shares, etc. (referred to as "shares, etc." in paragraph (6), the following Article, Article 35-3-2 of the Supplementary Provisions and Article 35-3-3 of the Supplementary Provisions).
道府県民税の所得割の納税義務者が前年中に租税特別措置法第三十七条の十一の二第一項に規定する特定管理口座（その者が二以上の特定管理口座を有する場合には、それぞれの特定管理口座。以下この項及び第六項において「特定管理口座」という。）に係る同条第一項に規定する振替口座簿（第六項及び次条第一項において「振替口座簿」という。）に記載若しくは記録がされ、又は特定管理口座に保管の委託がされている特定管理株式等の譲渡（同法第三十七条の十一の二第二項に規定する譲渡をいう。以下この項及び第六項並びに次条から附則第三十五条の三までにおいて同じ。）をした場合には、政令で定めるところにより、当該特定管理株式等の譲渡による事業所得の金額、譲渡所得の金額又は雑所得の金額と当該特定管理株式等の譲渡以外の同法第三十七条の十第二項に規定する株式等（第六項、次条、附則第三十五条の三の二及び附則第三十五条の三の三において「株式等」という。）の譲渡による事業所得の金額、譲渡所得の金額又は雑所得の金額とを区分して、これらの金額を計算するものとする。
The provisions of paragraph (1) apply, as provided for by Cabinet Order, only where the return under Article 45-2, paragraph (1) or (3) for the fiscal year following the fiscal year that includes the last day of the year in which the fact prescribed in paragraph (1) occurred (including a return submitted after the deadline for filing but by the time a tax notice for prefectural inhabitant tax is served, and the final return under Article 45-3, paragraph (1) submitted by that time) contains a statement to the effect that the person wishes to receive the application of the provisions of paragraph (1) (including where the mayor of the municipality finds that there is a compelling reason why those returns do not contain that statement).
第一項の規定は、政令で定めるところにより、同項に規定する事実が発生した年の末日の属する年度の翌年度分の第四十五条の二第一項又は第三項の規定による申告書（その提出期限後において道府県民税の納税通知書が送達される時までに提出されたもの及びその時までに提出された第四十五条の三第一項の確定申告書を含む。）に第一項の規定の適用を受けようとする旨の記載があるとき（これらの申告書にその記載がないことについてやむを得ない理由があると市町村長が認めるときを含む。）に限り、適用する。
Cabinet Order provides for the necessary particulars concerning the application of the provisions of paragraphs (1) and (2).
Where, in the case of a person liable for the income levy of municipal inhabitant tax, a fact set out in the items of Article 37-11-2, paragraph (1) of the Act on Special Measures Concerning Taxation occurs as a case in which a loss arises because the specified managed shares, etc. or the bonds held in a specified account that the person holds have lost their value as shares or as bonds, the occurrence of that fact is deemed to be a transfer of those specified managed shares, etc. or bonds held in a specified account, and the amount specified by Cabinet Order as the amount of that loss is deemed to be the amount of a loss arising from the transfer of listed shares, etc. prescribed in Article 35-2-6, paragraph (9) of the Supplementary Provisions, respectively, and the provisions concerning municipal inhabitant tax, including those of this paragraph through paragraph (8) of this Article, paragraphs (5) through (8) of the preceding Article and Article 35-2-6, paragraphs (8) through (14) of the Supplementary Provisions, apply.
市町村民税の所得割の納税義務者について、その有する特定管理株式等又は特定口座内公社債が株式又は公社債としての価値を失つたことによる損失が生じた場合として租税特別措置法第三十七条の十一の二第一項各号に掲げる事実が発生したときは、当該事実が発生したことは当該特定管理株式等又は特定口座内公社債の譲渡をしたことと、当該損失の金額として政令で定める金額は附則第三十五条の二の六第九項に規定する上場株式等の譲渡をしたことにより生じた損失の金額とそれぞれみなして、この項から第八項まで、前条第五項から第八項まで及び附則第三十五条の二の六第八項から第十四項までの規定その他の市町村民税に関する規定を適用する。
Where a person liable for the income levy of municipal inhabitant tax has, in the previous year, made a transfer of specified managed shares, etc. that are recorded or registered in the transfer account book relating to a specified management account, or that have been entrusted for custody to the specified management account, the person is to calculate, as provided for by Cabinet Order, the amount of business income, amount of capital gains or amount of miscellaneous income arising from the transfer of those specified managed shares, etc., separately from the amount of business income, amount of capital gains or amount of miscellaneous income arising from the transfer of shares, etc. other than those specified managed shares, etc.
The provisions of paragraph (5) apply, as provided for by Cabinet Order, only where the return under Article 317-2, paragraph (1) or (3) for the fiscal year following the fiscal year that includes the last day of the year in which the fact prescribed in paragraph (5) occurred (including a return submitted after the deadline for filing but by the time a tax notice for municipal inhabitant tax is served, and the final return under Article 317-3, paragraph (1) submitted by that time) contains a statement to the effect that the person wishes to receive the application of the provisions of paragraph (5) (including where the mayor of the municipality finds that there is a compelling reason why those returns do not contain that statement).
第五項の規定は、政令で定めるところにより、同項に規定する事実が発生した年の末日の属する年度の翌年度分の第三百十七条の二第一項又は第三項の規定による申告書（その提出期限後において市町村民税の納税通知書が送達される時までに提出されたもの及びその時までに提出された第三百十七条の三第一項の確定申告書を含む。）に第五項の規定の適用を受けようとする旨の記載があるとき（これらの申告書にその記載がないことについてやむを得ない理由があると市町村長が認めるときを含む。）に限り、適用する。
Cabinet Order provides for the necessary particulars concerning the application of the provisions of paragraphs (5) and (6).
tax noticemachine translation
「納税通知書」
A document a local government draws up for local tax a taxpayer must pay, stating the Acts and the local government's ordinance (条例) provisions the tax is levied under, the taxpayer's address and name, the tax base, rate and amount, the payment periods and the amount due in each, where to pay, the steps that will be taken if the tax is not paid by the due date, and how to seek relief against the assessment.
Defined inArticle 1, paragraph (1), item (vi)· applies throughout the law
bondmachine translation
「公社債」
A bond (公社債) as defined in Article 37-10, paragraph 2, item 7 of the Act on Special Measures Concerning Taxation, other than long-term credit bank debentures, etc. and others a Cabinet Order (政令) sets, as Article 35-2-3 of the supplementary provisions (附則) uses the term for losses when a bond held in a specified account loses its value.
Short name set inSupplementary Provisions, Article 35-2-3, paragraph (1)· applies only in this provision and in Supplementary Provisions, Article 35-2-3, paragraph (5)
bonds held in a specified accountmachine translation
「特定口座内公社債」
Bonds held in a specified account as defined in Article 37-11-2, paragraph 1 of the Act on Special Measures Concerning Taxation: public and corporate bonds issued by a domestic corporation that are recorded in the book-entry transfer account register for a specified account (特定口座) or deposited in one.
Short name set inSupplementary Provisions, Article 35-2-3, paragraph (1)· applies only in this article
specified managed shares, etc.machine translation
「特定管理株式等」
Shares or bonds of a domestic corporation that an individual held in a specified account (特定口座) as listed shares, etc. (上場株式等) until they ceased to be listed shares, etc., and that from that day on have been kept without a break in a specified management account (特定管理口座) opened with the same financial instruments business operator, etc. (金融商品取引業者等) — recorded in the book-entry register (振替口座簿) for that account or held in its custody.
Short name set inSupplementary Provisions, Article 35-2-3, paragraph (1)· applies only in this article
transfer account bookmachine translation
「振替口座簿」
A transfer account book (振替口座簿) under the Act on Book-Entry Transfer of Corporate Bonds and Shares.
Short name set inSupplementary Provisions, Article 35-2-3, paragraph (2)· applies only in this provision and in Supplementary Provisions, Article 35-2-3, paragraph (6); and Supplementary Provisions, Article 35-2-4, paragraph (1)
shares, etc.machine translation
「株式等」
In Article 35-2-3, paragraphs 2 and 6, Article 35-2-4 and Articles 35-3-2 and 35-3-3 of the supplementary provisions (附則), shares, etc. as defined in Article 37-10, paragraph 2 of the Act on Special Measures Concerning Taxation.
Short name set inSupplementary Provisions, Article 35-2-3, paragraph (2)· applies only in this provision and in Supplementary Provisions, Article 35-2-3, paragraph (6); and Supplementary Provisions, Articles 35-2-4, 35-3-2 and 35-3-3
specified management accountmachine translation
「特定管理口座」
An account opened at the same financial instruments business operator, etc. (金融商品取引業者等) into which shares or bonds that were held in a specified account (特定口座) and stopped being listed shares, etc. (上場株式等) are moved, meeting the other requirements a Ministry of Finance Order (財務省令) sets.
Short name set inSupplementary Provisions, Article 35-2-3, paragraph (2)· applies only in this paragraph and in Supplementary Provisions, Article 35-2-3, paragraph (6)
transfer of listed shares, etc.machine translation
「上場株式等の譲渡」
A transfer of listed shares, etc. of the kinds listed in Article 37-12-2, paragraph 2, items 1 to 10 of the Act on Special Measures Concerning Taxation (such as a sale through a financial instruments business operator), other than one covered by Article 32, paragraph 2 of that Act.
Short name set inSupplementary Provisions, Article 35-2-6, paragraph (2)· applies only in this provision and in Supplementary Provisions, Article 35-2-6, paragraph (5)
transfer of listed shares, etc.machine translation
「上場株式等の譲渡」
A transfer of listed shares, etc. of the kinds listed in Article 37-12-2, paragraph 2, items 1 to 10 of the Act on Special Measures Concerning Taxation (such as a sale through a financial instruments business operator), other than one covered by Article 32, paragraph 2 of that Act.
Short name set inSupplementary Provisions, Article 35-2-6, paragraph (9)· applies only in this provision and in Supplementary Provisions, Article 35-2-6, paragraph (12)
service
送達
The delivery of a document in a court proceeding, such as a lawsuit, to the person it is for, by a procedure the law lays down: unless a provision says otherwise, the court carries it out of its own motion, the court clerk handles the work (Code of Civil Procedure, Article 98), and the person who effects it reports on it to the court in writing (Article 100, paragraph (1)); the complaint must be served on the defendant (Article 138, paragraph (1)), and the judgment on the parties (Article 255, paragraph (1)). A document is served by post or by a court enforcement officer (執行官) (Article 101, paragraph (1)), as a rule by handing it to the person (Article 102-2), at their address, residence, place of business or office, or at their workplace where those are unknown or service there meets an obstacle (Article 103); each party, legal representative and litigation representative (訴訟代理人) must tell the court a place in Japan where they are to be served (Article 104, paragraph (1)), and service abroad is made at the presiding judge's request to that country's authorities or to a Japanese ambassador, minister or consul there (Article 108). If the person is not found at a place other than their workplace, the document may be handed to an employee or a person living with them who can be trusted to receive it, and if it is refused without a legitimate reason it may be left there (Article 106, paragraphs (1) and (3)); where it cannot be served in those ways, the court clerk may send it by registered mail, and it counts as served when it is sent (Article 107, paragraphs (1) and (3)). An electronic record can also be served through the courts' electronic system on a person who has registered for it, by making it available to them and sending them a notice, and that service takes effect when they view it or save it to their computer, or one week after the notice was sent, whichever comes first (Articles 109-2, paragraph (1), and 109-3, paragraph (1)); a person who must make filings online, such as a litigation representative (訴訟代理人) entrusted with the case, can be served this way even without registering, and without a notice, the week then running from when the record was made available (Articles 109-4 and 132-11, paragraph (1)). Where a party's address or other place for service is unknown, among other cases, the court clerk may serve by publication (公示送達), on petition or where the court orders it, and serves the same party by publication again of the clerk's own motion, as a rule (Article 110, paragraphs (1) to (3)): that the clerk holds the document and will hand it over at any time is made available for anyone to view, by a method the Supreme Court's rules (最高裁判所規則) set, and posted on the court's notice board or shown on a screen at the court (Article 111), and service takes effect two weeks after that begins, or six weeks for service to be made abroad, though one made again of the clerk's own motion takes effect the day after it begins (Article 112, paragraphs (1) and (2)). Some time limits run from service: an appeal to the court of second instance (控訴), for one, must be filed within two weeks of the day the judgment is served (Article 285).
Written by AI using Code of Civil Procedure, Arts. 98, 100 to 104, 106 to 112, 132-11, 138, 255, 285 as a reference.