Article 6-11Method of Calculating the Amount of Income

The amount of income prescribed in Article 90, paragraph (1), items (i) and (iii) of the Act is the total of the following: the gross income, the amount of retirement income and the amount of timber income prescribed in Article 313, paragraph (1) of the Local Tax Act, before the deductions under Article 313, paragraphs (8) and (9) of that Act, for the municipal inhabitant tax for the fiscal year that includes April 1 of the year following the year in which the income arose; the amount of business income, etc. relating to land, etc. prescribed in Article 33-3, paragraph (5) of the Supplementary Provisions of that Act; the amount of long-term capital gains prescribed in Article 34, paragraph (4) of the Supplementary Provisions of that Act; the amount of short-term capital gains prescribed in Article 35, paragraph (5) of the Supplementary Provisions of that Act; the amount of miscellaneous income, etc. relating to futures transactions prescribed in Article 35-4, paragraph (4) of the Supplementary Provisions of that Act; the amount of interest, etc. to which the special provisions apply prescribed in Article 8, paragraph (2) of the Act on Reciprocal Exemption for Income of Foreign Residents, etc.; the amount of dividends, etc. to which the special provisions apply prescribed in paragraph (4) of that Article; the amount of interest, etc. to which a tax treaty applies prescribed in Article 3-2-2, paragraph (10) of the Act on Special Provisions for the Enforcement of Tax Treaties; and the amount of dividends, etc. to which a tax treaty applies prescribed in paragraph (12) of that Article.