Supplementary Provisions, Article 35-3-2Special Provisions on Calculation of Income for Prefectural Inhabitant Tax and Municipal Inhabitant Tax Concerning Transfer of Listed Shares, etc. in a Tax-Exempt Account
第三十五条の三の二（非課税口座内上場株式等の譲渡に係る道府県民税及び市町村民税の所得計算の特例）
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, under a contract for managing tax-exempt listed shares, etc. prescribed in Article 37-14, paragraph (5), item (ii) of the Act on Special Measures Concerning Taxation (hereinafter in this Article referred to as "contract for managing tax-exempt listed shares, etc."), a tax-exempt cumulative investment contract prescribed in item (iv) of that paragraph (hereinafter in this Article referred to as "tax-exempt cumulative investment contract") or a specified tax-exempt cumulative investment contract prescribed in item (vi) of that paragraph (hereinafter in this Article referred to as "specified tax-exempt cumulative investment contract"), a transfer of listed shares, etc. in a tax-exempt account prescribed in paragraph (1) of that Article (hereinafter in this Article referred to as "listed shares, etc. in a tax-exempt account") (where the person has two or more tax-exempt accounts prescribed in paragraph (5), item (i) of that Article (hereinafter in this Article referred to as "tax-exempt account"), the listed shares, etc. in a tax-exempt account relating to each tax-exempt account; the same applies hereinafter in this paragraph and paragraph (4)), 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 listed shares, etc. in a tax-exempt account, separately from the amount of business income, amount of capital gains or amount of miscellaneous income arising from the transfer of listed shares, etc. other than those listed shares, etc. in a tax-exempt account.
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十四第五項第二号に規定する非課税上場株式等管理契約（以下この条において「非課税上場株式等管理契約」という。）、同項第四号に規定する非課税累積投資契約（以下この条において「非課税累積投資契約」という。）又は同項第六号に規定する特定非課税累積投資契約（以下この条において「特定非課税累積投資契約」という。）に基づき同法第三十七条の十四第一項に規定する非課税口座内上場株式等（以下この条において「非課税口座内上場株式等」という。）（その者が二以上の同法第三十七条の十四第五項第一号に規定する非課税口座（以下この条において「非課税口座」という。）を有する場合には、それぞれの非課税口座に係る非課税口座内上場株式等。以下この項及び第四項において同じ。）の譲渡をした場合には、政令で定めるところにより、当該非課税口座内上場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非課税口座内上場株式等以外の上場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を区分して、これらの金額を計算するものとする。
Changes on (Act No. 2 of 2026)
Where, by reason of a cause set out in the items of Article 37-14, paragraph (4) of the Act on Special Measures Concerning Taxation, part or all of the listed shares, etc. in a tax-exempt account has been withdrawn (including withdrawal by book transfer; the same applies hereinafter in this paragraph and paragraph (5)) from a tax-exempt management account prescribed in Article 37-14, paragraph (5), item (iii) of that Act (hereinafter in this paragraph and paragraph (5) referred to as "tax-exempt management account"), a cumulative investment account prescribed in item (v) of that paragraph (hereinafter in this paragraph and paragraph (5) referred to as "cumulative investment account"), a specified cumulative investment account prescribed in item (vii) of that paragraph (hereinafter in this paragraph and paragraph (5) referred to as "specified cumulative investment account") or a specified tax-exempt management account prescribed in item (viii) of that paragraph (hereinafter in this paragraph and paragraph (5) referred to as "specified tax-exempt management account"), the listed shares, etc. in a tax-exempt account that have been withdrawn are deemed to have been transferred under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract or a specified tax-exempt cumulative investment contract, at the time the cause arose, for the amount specified by Cabinet Order as the value at that time (hereinafter in this paragraph and paragraph (5) referred to as the "amount at the time of withdrawal"), a person liable for the income levy of prefectural inhabitant tax who has opened, or had opened, a tax-exempt account in which there is established the tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account from which listed shares, etc. in a tax-exempt account were withdrawn through the transfer of custody, return or closing set out in Article 37-14, paragraph (4), item (i) of that Act is deemed to have acquired, at the time of the withdrawal through that transfer of custody, return or closing, shares, etc. of the same class as those listed shares, etc. in a tax-exempt account, in a number equal to the number of those listed shares, etc. in a tax-exempt account withdrawn through that transfer of custody, return or closing, for the amount at the time of withdrawal, and a person liable for the income levy of prefectural inhabitant tax who has acquired listed shares, etc. in a tax-exempt account withdrawn through the gift, inheritance or bequest set out in item (ii) of that paragraph is deemed to have acquired, at the time of that gift, inheritance or bequest, shares, etc. of the same class as those listed shares, etc. in a tax-exempt account, for the amount at the time of withdrawal, respectively, and the provisions concerning prefectural inhabitant tax, including those of the preceding paragraph and Article 35-2, paragraphs (1) through (4) of the Supplementary Provisions, apply.
租税特別措置法第三十七条の十四第四項各号に掲げる事由により、同条第五項第三号に規定する非課税管理勘定（以下この項及び第五項において「非課税管理勘定」という。）、同条第五項第五号に規定する累積投資勘定（以下この項及び第五項において「累積投資勘定」という。）、同条第五項第七号に規定する特定累積投資勘定（以下この項及び第五項において「特定累積投資勘定」という。）又は同条第五項第八号に規定する特定非課税管理勘定（以下この項及び第五項において「特定非課税管理勘定」という。）からの非課税口座内上場株式等の一部又は全部の払出し（振替によるものを含む。以下この項及び第五項において同じ。）があつた場合には、当該払出しがあつた非課税口座内上場株式等については、その事由が生じた時に、その時における価額として政令で定める金額（以下この項及び第五項において「払出し時の金額」という。）により非課税上場株式等管理契約、非課税累積投資契約又は特定非課税累積投資契約に基づく譲渡があつたものと、同条第四項第一号に掲げる移管、返還又は廃止による非課税口座内上場株式等の払出しがあつた非課税管理勘定、累積投資勘定、特定累積投資勘定又は特定非課税管理勘定が設けられている非課税口座を開設し、又は開設していた道府県民税の所得割の納税義務者については、当該移管、返還又は廃止による払出しがあつた時に、その払出し時の金額をもつて当該移管、返還又は廃止による払出しがあつた非課税口座内上場株式等の数に相当する数の当該非課税口座内上場株式等と同一銘柄の株式等を取得したものと、同項第二号に掲げる贈与又は相続若しくは遺贈により払出しがあつた非課税口座内上場株式等を取得した道府県民税の所得割の納税義務者については、当該贈与又は相続若しくは遺贈の時に、その払出し時の金額をもつて当該非課税口座内上場株式等と同一銘柄の株式等を取得したものとそれぞれみなして、前項及び附則第三十五条の二第一項から第四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 and moves to paragraph (5) on (Act No. 2 of 2026)
Necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.
前二項の規定の適用に関し必要な事項は、政令で定める。
Moves to paragraph (6) on (Act No. 2 of 2026)
Where a person liable for the income levy of municipal inhabitant tax has, in the previous year, made a transfer of listed shares, etc. in a tax-exempt account under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract or a specified tax-exempt cumulative investment contract, 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 listed shares, etc. in a tax-exempt account, separately from the amount of business income, amount of capital gains or amount of miscellaneous income arising from the transfer of listed shares, etc. other than those listed shares, etc. in a tax-exempt account.
市町村民税の所得割の納税義務者が、前年中に非課税上場株式等管理契約、非課税累積投資契約又は特定非課税累積投資契約に基づき非課税口座内上場株式等の譲渡をした場合には、政令で定めるところにより、当該非課税口座内上場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非課税口座内上場株式等以外の上場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を区分して、これらの金額を計算するものとする。
Moves to paragraph (7) on (Act No. 2 of 2026)
Where, by reason of a cause set out in the items of Article 37-14, paragraph (4) of the Act on Special Measures Concerning Taxation, part or all of the listed shares, etc. in a tax-exempt account has been withdrawn from a tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account, the listed shares, etc. in a tax-exempt account that have been withdrawn are deemed to have been transferred under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract or a specified tax-exempt cumulative investment contract, at the time the cause arose, for the amount at the time of withdrawal, a person liable for the income levy of municipal inhabitant tax who has opened, or had opened, a tax-exempt account in which there is established the tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account from which listed shares, etc. in a tax-exempt account were withdrawn through the transfer of custody, return or closing set out in item (i) of that paragraph is deemed to have acquired, at the time of the withdrawal through that transfer of custody, return or closing, shares, etc. of the same class as those listed shares, etc. in a tax-exempt account, in a number equal to the number of those listed shares, etc. in a tax-exempt account withdrawn through that transfer of custody, return or closing, for the amount at the time of withdrawal, and a person liable for the income levy of municipal inhabitant tax who has acquired listed shares, etc. in a tax-exempt account withdrawn through the gift, inheritance or bequest set out in item (ii) of that paragraph is deemed to have acquired, at the time of that gift, inheritance or bequest, shares, etc. of the same class as those listed shares, etc. in a tax-exempt account, for the amount at the time of withdrawal, respectively, and the provisions concerning municipal inhabitant tax, including those of the preceding paragraph and Article 35-2, paragraphs (5) through (8) of the Supplementary Provisions, apply.
租税特別措置法第三十七条の十四第四項各号に掲げる事由により、非課税管理勘定、累積投資勘定、特定累積投資勘定又は特定非課税管理勘定からの非課税口座内上場株式等の一部又は全部の払出しがあつた場合には、当該払出しがあつた非課税口座内上場株式等については、その事由が生じた時に、払出し時の金額により非課税上場株式等管理契約、非課税累積投資契約又は特定非課税累積投資契約に基づく譲渡があつたものと、同項第一号に掲げる移管、返還又は廃止による非課税口座内上場株式等の払出しがあつた非課税管理勘定、累積投資勘定、特定累積投資勘定又は特定非課税管理勘定が設けられている非課税口座を開設し、又は開設していた市町村民税の所得割の納税義務者については、当該移管、返還又は廃止による払出しがあつた時に、その払出し時の金額をもつて当該移管、返還又は廃止による払出しがあつた非課税口座内上場株式等の数に相当する数の当該非課税口座内上場株式等と同一銘柄の株式等を取得したものと、同項第二号に掲げる贈与又は相続若しくは遺贈により払出しがあつた非課税口座内上場株式等を取得した市町村民税の所得割の納税義務者については、当該贈与又は相続若しくは遺贈の時に、その払出し時の金額をもつて当該非課税口座内上場株式等と同一銘柄の株式等を取得したものとそれぞれみなして、前項及び附則第三十五条の二第五項から第八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。
Changes and moves to paragraph (10) on (Act No. 2 of 2026)
Necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.
前二項の規定の適用に関し必要な事項は、政令で定める。
listed shares, etc.machine translation
「上場株式等」
Listed shares, etc. as defined in Article 37-11, paragraph 2 of the Act on Special Measures Concerning Taxation: the shares and other interests it lists, such as shares listed on a financial instruments exchange and beneficial interests in publicly offered investment trusts.
Short name set inSupplementary Provisions, Article 35-2-2, paragraph (2)· applies only in this provision and in Supplementary Provisions, Article 35-2-2, paragraph (6); and Supplementary Provisions, Articles 35-2-3, 35-3-2 and 35-3-3
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 tax-exempt cumulative investment contractmachine translation
「特定非課税累積投資契約」
A specified tax-exempt cumulative investment contract as defined in Article 37-14, paragraph 5, item 6 of the Act on Special Measures Concerning Taxation; for the prefectural inhabitant tax (道府県民税), income from transferring listed shares, etc. held in a tax-exempt account (非課税口座) under such a contract is computed apart from income from transferring other listed shares, etc.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (1)· applies only in this article
contract for managing tax-exempt listed shares, etc.machine translation
「非課税上場株式等管理契約」
A contract for managing tax-exempt listed shares, etc. as defined in Article 37-14, paragraph 5, item 2 of the Act on Special Measures Concerning Taxation: a contract that a resident, or a nonresident with a permanent establishment (恒久的施設), concludes with a financial instruments business operator, etc. (金融商品取引業者等) to receive that Act's tax exemption, under which listed shares, etc. (上場株式等) are recorded or kept in a tax-exempt management account (非課税管理勘定) that accepts only those within set limits (such as 1.2 million yen of acquisitions a year), are sold through or to the operator, and are moved to another account five years after 1 January of the year the account was set up unless moved into another year's tax-exempt management account.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (1)· applies only in this article
tax-exempt accountmachine translation
「非課税口座」
A tax-exempt account as defined in Article 37-14, paragraph 5, item 1 of the Act on Special Measures Concerning Taxation: an account with a financial instruments business operator, etc. (金融商品取引業者等) that a resident, or a nonresident with a permanent establishment (恒久的施設), aged 18 or over on 1 January of the year opens by notification so that dividends and gains on the listed shares, etc. (上場株式等) held in it are exempt from income tax under that Act, and that handles only transactions under the tax-exempt contracts that item lists.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (1)· applies only in this article
listed shares, etc. in a tax-exempt accountmachine translation
「非課税口座内上場株式等」
Listed shares, etc. in a tax-exempt account as Article 37-14, paragraph 1 of the Act on Special Measures Concerning Taxation names them: listed shares, etc. (上場株式等) of the kinds that paragraph's items 1 to 4 list, recorded in the book-entry transfer account register for, or deposited in, a tax-exempt account (非課税口座) under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract or a specified tax-exempt cumulative investment contract (特定非課税累積投資契約).
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (1)· applies only in this article
tax-exempt cumulative investment contractmachine translation
「非課税累積投資契約」
A tax-exempt cumulative investment contract as defined in Article 37-14, paragraph 5, item 4 of the Act on Special Measures Concerning Taxation: a contract that a resident, or a nonresident with a permanent establishment (恒久的施設), concludes with a financial instruments business operator, etc. (金融商品取引業者等) to receive that Act's tax exemption, on recording or keeping listed shares, etc. (上場株式等) acquired under a cumulative investment contract (累積投資契約) — one to acquire a fixed amount of pre-selected listed shares, etc. regularly and continuously — in a cumulative investment account (累積投資勘定) that accepts only those meeting a Cabinet Order's (政令) requirements, up to 400,000 yen of acquisitions a year, with the operator checking the holder's address at set intervals, sales made through or to the operator, and the shares moved to another account twenty years after 1 January of the year the account was set up.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (1)· applies only in this article
amount at the time of withdrawalmachine translation
「払出し時の金額」
In Article 35-3-2, paragraphs 2 and 5 of the supplementary provisions (附則), the amount a Cabinet Order (政令) sets as the value, at the time the cause arises, of listed shares, etc. in a tax-exempt account (非課税口座内上場株式等) withdrawn (払出し) from it, at which they are treated as transferred, or, on a transfer to another account, return or closure, as acquired again.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (2)· applies only in this paragraph and in Supplementary Provisions, Article 35-3-2, paragraph (5)
specified cumulative investment accountmachine translation
「特定累積投資勘定」
A specified cumulative investment account as defined in Article 37-14, paragraph 5, item 7 of the Act on Special Measures Concerning Taxation, one of the accounts kept within a tax-exempt account (非課税口座); where listed shares, etc. held in it are taken out for one of the reasons Article 37-14, paragraph 4 of that Act lists, Article 35-3-2, paragraph 2 of the supplementary provisions (附則) treats them, for the prefectural inhabitant tax (道府県民税), as transferred at their value at that time.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (2)· applies only in this paragraph and in Supplementary Provisions, Article 35-3-2, paragraph (5)
specified tax-exempt management accountmachine translation
「特定非課税管理勘定」
An account (勘定), set up at the same time as a specified cumulative investment account (特定累積投資勘定), for recording separately from other transactions the listed shares, etc. (上場株式等) entered in the book-entry register or held in custody under a specified tax-exempt cumulative investment contract (特定非課税累積投資契約).
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (2)· applies only in this paragraph and in Supplementary Provisions, Article 35-3-2, paragraph (5)
cumulative investment accountmachine translation
「累積投資勘定」
An account kept under a tax-exempt cumulative investment contract (非課税累積投資契約) to record the listed shares, etc. for cumulative investment (累積投資上場株式等) held under it separately from other transactions, which could be set up only for years from 2018 to 2023 in which no tax-exempt management account (非課税管理勘定) was set up, as of 1 January of the year or a later date the provision sets.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (2)· applies only in this paragraph and in Supplementary Provisions, Article 35-3-2, paragraph (5)
tax-exempt management accountmachine translation
「非課税管理勘定」
A tax-exempt management account as defined in Article 37-14, paragraph 5, item 3 of the Act on Special Measures Concerning Taxation: an account within a tax-exempt account (非課税口座), set up in each of the years 2014 to 2023 in which no cumulative investment account (累積投資勘定) was set up, for recording listed shares, etc. (上場株式等) kept under a contract for managing tax-exempt listed shares, etc. (非課税上場株式等管理契約) separately from other transactions.
Short name set inSupplementary Provisions, Article 35-3-2, paragraph (2)· applies only in this paragraph and in Supplementary Provisions, Article 35-3-2, paragraph (5)