Act on Special Measures Concerning Taxation

• ChangedArticle 37-14, paragraph (1)

  Where a resident or nonresident who has a permanent establishment who has opened a tax-exempt account at a business office (meaning a business office prescribed in Article 37-11-3, paragraph (3), item (i); the same applies hereinafter in this Article and the following Article) of a financial instruments business operator, etc. (meaning a financial instruments business operator, etc. prescribed in that item; the same applies hereinafter in this Article and the following Article) has made the transfer specified in each of the following items (including a transfer specified by Cabinet Order as being similar thereto, and excluding a transfer made by the method of transaction listed in Article 28, paragraph (8), item (iii), (a) of the Financial Instruments and Exchange Act; the same applies hereinafter in this Article and the following Article) of the listed shares, etc. prescribed in item (i) that are listed in that item and are entered or recorded in the transfer account book (meaning the transfer account book prescribed in the Act on Book-Entry Transfer of Corporate Bonds and Shares; the same applies hereinafter in this Article and the following Article) pertaining to the tax-exempt account, or the custody of which has been entrusted to the tax-exempt account, under a contract for managing tax-exempt listed shares, etc., the listed shares, etc. prescribed in item (i) that are listed in item (ii) and are entered or recorded in the transfer account book pertaining to the tax-exempt account, or the custody of which has been entrusted to the tax-exempt account, under a tax-exempt cumulative investment contract, or the listed shares, etc. prescribed in item (i) that are listed in item (iii) or the listed shares, etc. prescribed in item (i) that are listed in item (iv) and are entered or recorded in the transfer account book pertaining to the tax-exempt account, or the custody of which has been entrusted to the tax-exempt account, under a specified tax-exempt cumulative investment contract (collectively referred to as "listed shares, etc. in a tax-exempt account" in the following paragraph through paragraph (4)hereinafter in this Article), income tax is not imposed on business income, capital gains and miscellaneous income from that transfer (excluding business income and miscellaneous income that fall under the provisions of Article 41-2 of the Income Tax Act and capital gains that fall under the provisions of Article 32, paragraph (2)):

  金融商品取引業者等（第三十七条の十一の三第三項第一号に規定する金融商品取引業者等をいう。以下この条及び次条において同じ。）の営業所（同号に規定する営業所をいう。以下この条及び次条において同じ。）に非課税口座を開設している居住者又は恒久的施設を有する非居住者が、非課税上場株式等管理契約に基づき当該非課税口座に係る振替口座簿（社債、株式等の振替に関する法律に規定する振替口座簿をいう。以下この条及び次条において同じ。）に記載若しくは記録がされ、若しくは当該非課税口座に保管の委託がされている第一号に掲げる同号に規定する上場株式等、非課税累積投資契約に基づき当該非課税口座に係る振替口座簿に記載若しくは記録がされ、若しくは当該非課税口座に保管の委託がされている第二号に掲げる第一号に規定する上場株式等又は特定非課税累積投資契約に基づき当該非課税口座に係る振替口座簿に記載若しくは記録がされ、若しくは当該非課税口座に保管の委託がされている第三号に掲げる第一号に規定する上場株式等若しくは第四号に掲げる第一号に規定する上場株式等（次項から第四項まで以下この条において「非課税口座内上場株式等」と総称する。）のそれぞれ次の各号に定める譲渡（これに類するものとして政令で定めるものを含むものとし、金融商品取引法第二十八条第八項第三号イに掲げる取引の方法により行うものを除く。以下この条及び次条において同じ。）をした場合には、当該譲渡による事業所得、譲渡所得及び雑所得（所得税法第四十一条の二の規定に該当する事業所得及び雑所得並びに第三十二条第二項の規定に該当する譲渡所得を除く。）については、所得税を課さない。

• ChangedArticle 37-14, paragraph (1), item (i), (a)

  shares, etc. prescribed in Article 37-10, paragraph (2) (referred to as "shares, etc." in paragraphparagraphs (4) and (6) and the following Article) that are listed in items (i) through (v) of Article 37-10, paragraph (2) (in the case of beneficial rights listed in item (iv) of that paragraph, limited to beneficial interests in securities investment trusts other than bond investment trusts and beneficial interests in investment trusts other than securities investment trusts that do not fall under bond-based investment trusts), or bonds with share options (including convertible specified corporate bonds prescribed in Article 131, paragraph (1) of the Act on the Securitization of Assets and specified corporate bonds with subscription rights for new preferred equity prescribed in Article 139, paragraph (1) of that Act), which fall under the shares, etc. listed in Article 37-11, paragraph (2), item (i);

  第三十七条の十第二項に規定する株式等（第四項、第六項及び次条において「株式等」という。）で第三十七条の十第二項第一号から第五号までに掲げるもの（同項第四号に掲げる受益権にあつては、公社債投資信託以外の証券投資信託の受益権及び証券投資信託以外の投資信託で公社債等運用投資信託に該当しないものの受益権に限る。）又は新株予約権付社債（資産の流動化に関する法律第百三十一条第一項に規定する転換特定社債及び同法第百三十九条第一項に規定する新優先出資引受権付特定社債を含む。）のうち、第三十七条の十一第二項第一号に掲げる株式等に該当するもの

• ChangedArticle 37-14, paragraph (4)

  Where all or part of the listed shares, etc. in a tax-exempt account have been withdrawn (including withdrawal by book-entry transfer; the same applies hereinafter in this paragraph) and in paragraph (6), item (iv)) from a tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account due to any of the following reasons, it is deemed that, with regard to the listed shares, etc. in a tax-exempt account so withdrawn, a transfer under the contract for managing tax-exempt listed shares, etc., tax-exempt cumulative investment contract or specified tax-exempt cumulative investment contract was made, at the time when the reason arose, for the amount specified by Cabinet Order as the value at that time (hereinafter referred to in this paragraph and the following paragraphArticle as the "amount at the time of withdrawal"); that, with regard to the resident or nonresident who has a permanent establishment who has opened or had opened the tax-exempt account in which 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 due to the relocation, return or closure listed in item (i) is established, the person acquired, at the time of the withdrawal due to that relocation, return or closure, for the amount at the time of withdrawal, shares, etc. of the same class as those listed shares, etc. in a tax-exempt account in a number equivalent to the number of the listed shares, etc. in a tax-exempt account withdrawn due to that relocation, return or closure; and that, with regard to a person who acquired listed shares, etc. in a tax-exempt account withdrawn due to the gift, inheritance or bequest listed in item (ii), the person acquired, at the time of that gift, inheritance or bequest, for the amount at the time of withdrawal, shares, etc. of the same class as those listed shares, etc. in a tax-exempt account, respectively; and the provisions of the preceding three paragraphs and paragraph (3541) and the provisions of other laws and regulations concerning income tax apply:

  次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（振替によるものを含む。以下この項及び第六項第四号において同じ。）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（以下この項及び次項条において「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、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、又は開設していた居住者又は恒久的施設を有する非居住者については、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、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、前三項及び第三十五四十一項の規定その他の所得税に関する法令の規定を適用する。

• ChangedArticle 37-14, paragraph (4), item (i)

  relocation from a tax-exempt account to another account for entries or records in the transfer account book or custody of shares, etc. (referred to as an "other custody account" in item (iihereinafter up to paragraph (6) and item (iv) of the following paragraph)in paragraph (8), item (i), (b)), relocation from a tax-exempt management account to a tax-exempt management account for another year established in the tax-exempt account in which that tax-exempt management account is established, return of securities pertaining to listed shares, etc. in a tax-exempt account to the resident or nonresident who has a permanent establishment, or closure of a tax-exempt account (where the listed shares, etc. in a tax-exempt account withdrawn due to any of these reasons pertain to a minor's specified cumulative investment account (meaning a specified cumulative investment account that is established in each year in which the resident or nonresident who has a permanent establishment who has opened the tax-exempt account is under 18 years of age on January 1 of that year and in the year that includes the person's date of birth; the same applies hereinafter in this Article), in the case of relocation to that other custody account or that return, limited to one made in accordance with the specified tax-exempt cumulative investment contract, and in the case of that closure, limited to a closure that occurred on or after January 1 of the year in which the resident or nonresident who has a permanent establishment who had opened the tax-exempt account pertaining to that closure is 18 years of age on March 31 of that year (hereinafter referred to in this Article as the "reference year"), and to a closure of a tax-exempt account referred to in paragraph (23) in the case where the provisions of that paragraph are applied by deeming, pursuant to the provisions of paragraph (33) (limited to the part pertaining to items (ii) and (iii)), that the submission prescribed in paragraph (22) of the written notification of closure of a tax-exempt account prescribed in that paragraph has been made, which occurred by December 31 of the year preceding the reference year of that resident or nonresident who has a permanent establishment (referred to as a "closure of a tax-exempt account upon departure from Japan" in paragraph (6)));

  非課税口座から他の株式等の振替口座簿への記載若しくは記録若しくは保管の委託に係る口座（次項第二号以下第六項まで及び第四号八項第一号ロにおいて「他の保管口座」という。）への移管、非課税管理勘定から当該非課税管理勘定が設けられている非課税口座に係る他の年分の非課税管理勘定への移管、非課税口座内上場株式等に係る有価証券の当該居住者若しくは恒久的施設を有する非居住者への返還又は非課税口座の廃止（これらの事由により払出しがあつた非課税口座内上場株式等が未成年者特定累積投資勘定（特定累積投資勘定のうち、非課税口座を開設している居住者又は恒久的施設を有する非居住者がその年一月一日において十八歳未満である年及び出生した日の属する年の各年において設けられるものをいう。以下この条において同じ。）に係るものである場合には、当該他の保管口座への移管又は当該返還にあつては特定非課税累積投資契約に従つて行うものに限るものとし、当該廃止にあつては当該廃止に係る非課税口座を開設していた居住者又は恒久的施設を有する非居住者が、その年三月三十一日において十八歳である年（以下この条において「基準年」という。）の一月一日以後に生じたもの及び当該居住者又は恒久的施設を有する非居住者の基準年の前年十二月三十一日までに生じた第三十三項（第二号及び第三号に係る部分に限る。）の規定により第二十二項に規定する非課税口座廃止届出書の同項に規定する提出をしたものとみなして第二十三項の規定を適用する場合における同項の非課税口座の廃止（第六項において「出国による非課税口座の廃止」という。）に限る。）

• ChangedArticle 37-14, paragraph (4), item (ii)

  gift, inheritance or bequest (where the listed shares, etc. in a tax-exempt account withdrawn due to any of these reasons pertain to a minor's specified cumulative investment account, in the case of that gift, limited to a gift made on or after January 1 of the reference year of the resident or nonresident who has a permanent establishment who has opened the tax-exempt account to which those listed shares, etc. in a tax-exempt account pertain);

  贈与又は相続若しくは遺贈（これらの事由により払出しがあつた非課税口座内上場株式等が未成年者特定累積投資勘定に係るものである場合には、当該贈与にあつては、当該非課税口座内上場株式等に係る非課税口座を開設している居住者又は恒久的施設を有する非居住者の基準年の一月一日以後に生じたものに限る。）

• ChangedArticle 37-14, paragraph (4), item (iii)

  a transfer other than a transfer made in accordance with the method specified in the contract for managing tax-exempt listed shares, etc., tax-exempt cumulative investment contract or specified tax-exempt cumulative investment contract (where the listed shares, etc. in a tax-exempt account withdrawn due to that transfer pertain to a minor's specified cumulative investment account, limited to a transfer made on or after January 1 of the reference year of the resident or nonresident who has a permanent establishment who has opened the tax-exempt account to which those listed shares, etc. in a tax-exempt account pertain).

  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おいて定められた方法に従つて行われる譲渡以外の譲渡（当該譲渡により払出しがあつた非課税口座内上場株式等が未成年者特定累積投資勘定に係るものである場合には、当該非課税口座内上場株式等に係る非課税口座を開設している居住者又は恒久的施設を有する非居住者の基準年の一月一日以後に生じたものに限る。）

• ChangedArticle 37-14, paragraph (5), item (i)

  tax-exempt account: an account for entries or records in the transfer account book or custody of listed shares, etc. (limited to an account in which no matters concerning transactions other than transactions under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract and a specified tax-exempt cumulative investment contract are handled) that has been opened within the period specified respectively below under the following contracts concluded with a financial instruments business operator, etc. by a resident or nonresident who has a permanent establishment (limited to a person who is 18 years of age or older as of January 1 of that year), after the person has submitted (including providing, by electronic or magnetic means (meaning a method using an electronic data processing system or any other method using information and communications technology; the same applies hereinafter in this Article), excluding paragraph (43)), the matters to be stated in the written notification of opening of a tax-exempt account in lieu of submitting that written notification of opening of a tax-exempt account; the same applies in the following paragraphparagraphs (12) through paragraph (12(18) and paragraphs (3238) through (3440)), in order to receive the application of the provisions of Article 9-8 and the preceding paragraphs, to the head of the business office of the financial instruments business operator, etc. at which the person seeks to open the account, pursuant to the provisions of Cabinet Order, a written notification stating the type of account to be established in that account, the name and location of the business office of that financial instruments business operator, etc., a statement that the provisions of Article 9-8 and the preceding paragraphs are to be applied to dividend income pertaining to dividends and similar income prescribed in Article 24, paragraph (1) of the Income Tax Act (referred to as "dividends and similar income" in item (vi), (e), 3.) on listed shares, etc. entered or recorded in the transfer account book pertaining to that account or the custody of which has been entrusted to that account, and to business income, capital gains or miscellaneous income from the transfer of those listed shares, etc., and other matters specified by Order of the Ministry of Finance (hereinafter referred to in this Article as a "written notification of opening of a tax-exempt account"):

  非課税口座　居住者又は恒久的施設を有する非居住者（その年一月一日において十八歳以上である者に限る。）が、第九条の八及び前各項の規定の適用を受けるため、その口座を開設しようとする金融商品取引業者等の営業所の長に、政令で定めるところにより、その口座に設ける勘定の種類、当該金融商品取引業者等の営業所の名称及び所在地、その口座に係る振替口座簿に記載若しくは記録がされ、又はその口座に保管の委託がされている上場株式等の所得税法第二十四条第一項に規定する配当等に（第六号ホ（３）において「配当等」という。）に係る配当所得及び当該上場株式等の譲渡による事業所得、譲渡所得又は雑所得について第九条の八及び前各項の規定の適用を受ける旨その他の財務省令で定める事項を記載した届出書（以下この条において「非課税口座開設届出書」という。）の提出（当該非課税口座開設届出書の提出に代えて行う電磁的方法（電子情報処理組織を使用する方法その他の情報通信の技術を利用する方法をいう。第四十三項を除き、以下この条において同じ。）による当該非課税口座開設届出書に記載すべき事項の提供を含む。次第十二項から第十二八項まで及び第三十二八項から第三十四四十項までにおいて同じ。）をして、当該金融商品取引業者等との間で締結した次に掲げる契約に基づきそれぞれ次に定める期間内に開設された上場株式等の振替口座簿への記載若しくは記録又は保管の委託に係る口座（当該口座において非課税上場株式等管理契約、非課税累積投資契約及び特定非課税累積投資契約に基づく取引以外の取引に関する事項を扱わないものに限る。）をいう。

• ChangedArticle 37-14, paragraph (5), item (i), (c)

  specified tax-exempt cumulative investment contract: the period on or after January 1, 2024 (where the account to be established in that account is a minor's specified cumulative investment account, January 1, 2027).

  特定非課税累積投資契約　令和六年一月一日（その口座に設けようとする勘定が未成年者特定累積投資勘定である場合には、令和九年一月一日）以後の期間

• ChangedArticle 37-14, paragraph (5), item (ii)

  contract for managing tax-exempt listed shares, etc.: a contract for entries or records in the transfer account book or custody of listed shares, etc. that the resident or nonresident who has a permanent establishment referred to in paragraph (1) has concluded with a financial instruments business operator, etc. in order to receive the application of the provisions of Article 9-8 (limited to the part pertaining to paragraph (1), item (i)) and the provisions of paragraph (1) (limited to the part pertaining to item (i)) and the preceding three paragraphs, in the contract document of which it is provided that entries or records in the transfer account book or custody of listed shares, etc. are to be made in the tax-exempt management account established in the account pertaining to those entries or records or that custody; that only the following listed shares, etc. of that resident or nonresident who has a permanent establishment are to be accepted into that tax-exempt management account (excluding those acquired during the period from the day of the absence from Japan (meaning absence from Japan prescribed in paragraph (2329); the same applies in itemsitem (iv) and item (vi)) , (b) and (c)) of a person who, under the provisions of paragraph (2329), has filed the notification of continued application prescribed in item (i) of that paragraph (referred to as a "person who has filed a notification of continued application" in itemsitem (iv) and item (vi)) , (b) and (c)) until the day on which the submission of a notification of return to Japan pertaining to that person (meaning the submission prescribed in paragraph (2531) of the notification of return to Japan prescribed in that paragraph; the same applies in itemsitem (iv) and item (vi), (b) and (c)) is made, those acquired by receiving the application of the provisions of the main clause of Article 29-2, paragraph (1), and others specified by Cabinet Order); that the transfer of listed shares, etc. entered or recorded in the transfer account book or held in custody in that tax-exempt management account is to be made by the method of entrusting the sale to that financial instruments business operator, etc., the method of making the transfer to that financial instruments business operator, etc., or any other method specified by Cabinet Order; that, on the day on which five years have elapsed from January 1 of the year that includes the day on which that tax-exempt management account was established, the listed shares, etc. pertaining to that tax-exempt management account, excluding those subject to the relocation referred to in (b), are to be relocated, pursuant to the provisions of Cabinet Order, from the account in which that tax-exempt management account was established to any other custody account; and other matters specified by Cabinet Order:

  非課税上場株式等管理契約　第九条の八（第一項第一号に係る部分に限る。）の規定並びに第一項（第一号に係る部分に限る。）及び前三項の規定の適用を受けるために第一項の居住者又は恒久的施設を有する非居住者が金融商品取引業者等と締結した上場株式等の振替口座簿への記載若しくは記録又は保管の委託に係る契約で、その契約書において、上場株式等の振替口座簿への記載若しくは記録又は保管の委託は、当該記載若しくは記録又は保管の委託に係る口座に設けられた非課税管理勘定において行うこと、当該非課税管理勘定においては当該居住者又は恒久的施設を有する非居住者の次に掲げる上場株式等（第二十三九項の規定による同項第一号に規定する継続適用届出書の提出をした者（第四号及び並びに第六号ロ及びハにおいて「継続適用届出書提出者」という。）が出国（同項に規定する出国をいう。第四号及び並びに第六号ロ及びハにおいて同じ。）をした日からその者に係る帰国届出書の提出（第二十五三十一項に規定する帰国届出書の同項に規定する提出をいう。第四号及び並びに第六号ロ及びハにおいて同じ。）があつた日までの間に取得をしたもの、第二十九条の二第一項本文の規定の適用を受けて取得をしたものその他の政令で定めるものを除く。）のみを受け入れること、当該非課税管理勘定において振替口座簿への記載若しくは記録又は保管の委託がされている上場株式等の譲渡は当該金融商品取引業者等への売委託による方法、当該金融商品取引業者等に対してする方法その他政令で定める方法によりすること、当該非課税管理勘定が設けられた日の属する年の一月一日から五年を経過した日において当該非課税管理勘定に係る上場株式等は、ロの移管がされるものを除き、当該非課税管理勘定が設けられた口座から、政令で定めるところにより他の保管口座に移管されることその他政令で定める事項が定められているものをいう。

• ChangedArticle 37-14, paragraph (5), item (ii), (a)

  the following listed shares, etc., for which the total amount of the consideration for acquisition (meaning, for purchased listed shares, etc., the amount of the purchase price (for listed shares, etc. acquired by payment, the amount paid in; the same applies in item (vi), (a) b), 1. and (c), 1. and paragraph (2834)), and, for listed shares, etc. accepted through the relocation referred to in 2., the amount at the time of withdrawal pertaining to that relocation; the same applies in item (iv), (a) and, item (vi), (a) b), 1. and (c), 1., and paragraph (8), item (ii)) of the listed shares, etc. accepted during the period from the day on which a tax-exempt management account was established in that account to December 31 of the year that includes that day does not exceed 1,200,000 yen (where there are listed shares, etc. listed in (b), the amount obtained by deducting the amount at the time of withdrawal pertaining to the relocation of those listed shares, etc.):

  次に掲げる上場株式等で、当該口座に非課税管理勘定が設けられた日から同日の属する年の十二月三十一日までの間に受け入れた上場株式等の取得対価の額（購入した上場株式等についてはその購入の代価の額（払込みにより取得をした上場株式等については、その払い込んだ金額。第六号イロ（１）及びハ（１）並びに第二十八三十四項において同じ。）をいい、（２）の移管により受け入れた上場株式等についてはその移管に係る払出し時の金額をいう。第四号イ並びに、第六号イロ（１）及びハ（１）並びに第八項第二号において同じ。）の合計額が百二十万円（ロに掲げる上場株式等がある場合には、当該上場株式等の移管に係る払出し時の金額を控除した金額）を超えないもの

• ChangedArticle 37-14, paragraph (5), item (ii), (a), (1)

  listed shares, etc. acquired within that period by entrusting the purchase (including intermediation, brokerage or agency for entrusting that purchase; the same applies in itemsitem (iv) and item (vi)) , (b) and (c), 1.) to that financial instruments business operator, etc., listed shares, etc. acquired from that financial instruments business operator, etc., or listed shares, etc. acquired through a public offering of listed shares, etc. (limited to one that falls under a public offering of securities prescribed in Article 2, paragraph (3) of the Financial Instruments and Exchange Act; the same applies in itemsitem (iv) and item (vi), (b) and (c), 1.) conducted by that financial instruments business operator, etc., which are accepted into that account immediately after their acquisition;

  当該期間内に当該金融商品取引業者等への買付けの委託（当該買付けの委託の媒介、取次ぎ又は代理を含む。第四号及び並びに第六号ロ及びハ（１）において同じ。）により取得をした上場株式等、当該金融商品取引業者等から取得をした上場株式等又は当該金融商品取引業者等が行う上場株式等の募集（金融商品取引法第二条第三項に規定する有価証券の募集に該当するものに限る。第四号及び並びに第六号ロ及びハ（１）において同じ。）により取得をした上場株式等で、その取得後直ちに当該口座に受け入れられるもの

• ChangedArticle 37-14, paragraph (5), item (ii), (a), (2)

  listed shares, etc. (excluding those listed in (b)) relocated, pursuant to the provisions of Cabinet Order, from a tax-exempt management account for another year (meaning a tax-exempt management account for another year pertaining to the account in which that tax-exempt management account was established, or a minor's tax-exempt management account (meaning a tax-exempt management account prescribed in paragraph (5), item (iii) of the following Article) established in a minor's account (meaning a minor's account prescribed in paragraph (5), item (i) of the following Article; the same applies in paragraphs (3238) and (3339)) opened at the business office of that financial instruments business operator, etc.; the same applies in (b)).

  他年分非課税管理勘定（当該非課税管理勘定を設けた口座に係る他の年分の非課税管理勘定又は当該金融商品取引業者等の営業所に開設された未成年者口座（次条第五項第一号に規定する未成年者口座をいう。第三十二八項及び第三十三九項において同じ。）に設けられた未成年者非課税管理勘定（同条第五項第三号に規定する非課税管理勘定をいう。）をいう。ロにおいて同じ。）から、政令で定めるところにより移管がされる上場株式等（ロに掲げるものを除く。）

• ChangedArticle 37-14, paragraph (5), item (iii), (b)

  the account is established on January 1 of each year of the account-setting period (in the year that includes the day on which the submission prescribed in item (i) of a written notification of opening of a tax-exempt account (excluding one to which a written notice of account closure or a written notice of closure of a tax-exempt account is attached; the same applies in item (v), (b)) or the submission of a document specified by Cabinet Order was made, where that submission was made during the year, the day of that submission, and where a written notice of account closure or a written notice of closure of a tax-exempt account has been submitted, the day on which the matters specified in paragraph (2127), item (i) were provided by the competent district director referred to in that paragraph pursuant to the provisions of that paragraph (where those matters were provided before January 1 of the year in which the account is to be established, that January 1)).

  当該勘定は、勘定設定期間内の各年の一月一日（非課税口座開設届出書（勘定廃止通知書又は非課税口座廃止通知書が添付されたものを除く。第五号ロにおいて同じ。）の第一号に規定する提出又は政令で定める書類の提出が年の中途においてされた場合におけるこれらの提出がされた日の属する年にあつてはこれらの提出の日とし、勘定廃止通知書又は非課税口座廃止通知書が提出された場合にあつては第二十一七項の規定により同項の所轄税務署長から同項第一号に定める事項の提供があつた日（その勘定を設定しようとする年の一月一日前に当該事項の提供があつた場合には、同日）とする。）において設けられること。

• ChangedArticle 37-14, paragraph (5), item (iv)

  tax-exempt cumulative investment contract: a contract for entries or records in the transfer account book or custody of listed shares, etc. acquired under a cumulative investment contract (meaning a contract under which the resident or nonresident who has a permanent establishment agrees to entrust the purchase of, acquire from, or acquire through a public offering conducted by, that financial instruments business operator, etc., a fixed amount of the listed shares, etc. listed in paragraph (1), item (ii), (a) or (b), periodically and continuously, and in which the brands of listed shares, etc. to be purchased through such entrustment or acquired are specified in advance) that the resident or nonresident who has a permanent establishment referred to in paragraph (1) has concluded with a financial instruments business operator, etc. in order to receive the application of the provisions of Article 9-8 (limited to the part pertaining to paragraph (1), item (ii)) and the provisions of paragraph (1) (limited to the part pertaining to item (ii)) and the preceding three paragraphs, in the contract document of which it is provided that entries or records in the transfer account book or custody of listed shares, etc. are to be made in the cumulative investment account established in the account pertaining to those entries or records or that custody; that only the following, out of the listed shares, etc. listed in paragraph (1), item (ii), (a) and (b) of that resident or nonresident who has a permanent establishment (limited to those that satisfy the requirements specified by Cabinet Order as those whose periodic and continuous acquisition promotes asset building by individuals (hereinafter referred to up to item (vi) as "listed shares, etc. for cumulative investment"), and excluding those acquired during the period from the day of the absence from Japan of a person who has filed a notification of continued application until the day on which the submission of a notification of return to Japan pertaining to that person is made, and others specified by Cabinet Order), are to be accepted into that cumulative investment account; that the financial instruments business operator, etc. is to confirm, pursuant to the provisions of Cabinet Order, the address of that resident or nonresident who has a permanent establishment and other matters specified by Cabinet Order as of the base date (meaning the day on which 10 years have elapsed from the day on which a cumulative investment account was first established in that account, and each day on which five years have elapsed from the day following that day); that the transfer of listed shares, etc. for cumulative investment entered or recorded in the transfer account book or held in custody in that cumulative investment account is to be made by the method of entrusting the sale to that financial instruments business operator, etc., the method of making the transfer to that financial instruments business operator, etc., or any other method specified by Cabinet Order; that, on the day on which 20 years have elapsed from January 1 of the year that includes the day on which that cumulative investment account was established, the listed shares, etc. for cumulative investment pertaining to that cumulative investment account are to be relocated, pursuant to the provisions of Cabinet Order, from the account in which that cumulative investment account was established to an other custody account; and other matters specified by Cabinet Order:

  非課税累積投資契約　第九条の八（第一項第二号に係る部分に限る。）の規定並びに第一項（第二号に係る部分に限る。）及び前三項の規定の適用を受けるために第一項の居住者又は恒久的施設を有する非居住者が金融商品取引業者等と締結した累積投資契約（当該居住者又は恒久的施設を有する非居住者が、一定額の同号イ又はロに掲げる上場株式等につき、定期的に継続して、当該金融商品取引業者等に買付けの委託をし、当該金融商品取引業者等から取得し、又は当該金融商品取引業者等が行う募集により取得することを約する契約で、あらかじめその買付けの委託又は取得をする上場株式等の銘柄が定められているものをいう。）により取得した上場株式等の振替口座簿への記載若しくは記録又は保管の委託に係る契約で、その契約書において、上場株式等の振替口座簿への記載若しくは記録又は保管の委託は、当該記載若しくは記録又は保管の委託に係る口座に設けられた累積投資勘定において行うこと、当該累積投資勘定においては当該居住者又は恒久的施設を有する非居住者の同号イ及びロに掲げる上場株式等（当該上場株式等を定期的に継続して取得することにより個人の財産形成が促進されるものとして政令で定める要件を満たすもの（以下第六号までにおいて「累積投資上場株式等」という。）に限り、継続適用届出書提出者が出国をした日からその者に係る帰国届出書の提出があつた日までの間に取得をしたものその他の政令で定めるものを除く。）のうち次に掲げるもののみを受け入れること、当該金融商品取引業者等は、政令で定めるところにより基準経過日（当該口座に初めて累積投資勘定を設けた日から十年を経過した日及び同日の翌日以後五年を経過した日ごとの日をいう。）における当該居住者又は恒久的施設を有する非居住者の住所その他の政令で定める事項を確認することとされていること、当該累積投資勘定において振替口座簿への記載若しくは記録又は保管の委託がされている累積投資上場株式等の譲渡は当該金融商品取引業者等への売委託による方法、当該金融商品取引業者等に対してする方法その他政令で定める方法によりすること、当該累積投資勘定が設けられた日の属する年の一月一日から二十年を経過した日において当該累積投資勘定に係る累積投資上場株式等は当該累積投資勘定が設けられた口座から、政令で定めるところにより他の保管口座に移管されることその他政令で定める事項が定められているものをいう。

• ChangedArticle 37-14, paragraph (5), item (v), (b)

  the account is established on January 1 of each year of the account-setting period (in the year that includes the day on which the submission prescribed in item (i) of a written notification of opening of a tax-exempt account or the submission of a document specified by Cabinet Order was made, where that submission was made during the year, the day of that submission, and where a written notice of account closure or a written notice of closure of a tax-exempt account has been submitted, the day on which the matters specified in paragraph (2127), item (i) were provided by the competent district director referred to in that paragraph pursuant to the provisions of that paragraph (where those matters were provided before January 1 of the year in which the account is to be established, that January 1)).

  当該勘定は、勘定設定期間内の各年の一月一日（非課税口座開設届出書の第一号に規定する提出又は政令で定める書類の提出が年の中途においてされた場合におけるこれらの提出がされた日の属する年にあつてはこれらの提出の日とし、勘定廃止通知書又は非課税口座廃止通知書が提出された場合にあつては第二十一七項の規定により同項の所轄税務署長から同項第一号に定める事項の提供があつた日（その勘定を設定しようとする年の一月一日前に当該事項の提供があつた場合には、同日）とする。）において設けられること。

• ChangedArticle 37-14, paragraph (5), item (vi)

  specified tax-exempt cumulative investment contract: a contract for entries or records in the transfer account book or custody of listed shares, etc. that the resident or nonresident who has a permanent establishment referred to in paragraph (1) has concluded with a financial instruments business operator, etc. in order to receive the application of the provisions of Article 9-8 (limited to the part pertaining to paragraph (1), items (iii) and (iv)) and the provisions of paragraph (1) (limited to the part pertaining to items (iii) and (iv)) and the preceding three paragraphs, in the contract document of which it is provided that entries or records in the transfer account book or custody of listed shares, etc. are to be made in the specified cumulative investment account or specified tax-exempt management account established in the account pertaining to those entries or records or that custody; that only those listed in (a) acquired under a cumulative investment contract (meaning a contract under which the resident or nonresident who has a permanent establishment agrees to entrust the purchase of, acquire from, or acquire through a public offering conducted by, that financial instruments business operator, etc., a fixed amount of the listed shares, etc. listed in paragraph (1), item (ii), (a) or (b) (where those listed shares, etc. are listed shares, etc. listed in (a) of that item, a fixed amount of, or the largest number of units that can be acquired within the range of that fixed amount of, the listed shares, etc. listed in (a) of that item), periodically and continuously, and in which the brands of listed shares, etc. to be purchased through such entrustment or acquired are specified in advance) and those listed in (b), out of the listed shares, etc. listed in paragraph (1), item (iii) of that resident or nonresident who has a permanent establishment (limited to listed shares, etc. for cumulative investment, and excluding listed shares, etc. acquired during the period from the day of the absence from Japan of a person who has filed a notification of continued application until the day on which the submission of a notification of return to Japan pertaining to that person is made that are listed in (a); hereinafter referred to in this item and the following item as "specified cumulative investment listed shares, etc."), are to be accepted into that specified cumulative investment account; that only those listed in (c) and (d), out of the listed shares, etc. listed in paragraph (1), item (iv) of that resident or nonresident who has a permanent establishment (excluding those acquired during the period from the day of the absence from Japan of a person who has filed a notification of continued application until the day on which the submission of a notification of return to Japan pertaining to that person is made, those acquired by receiving the application of the provisions of the main clause of Article 29-2, paragraph (1), those designated, under the rules prescribed by the financial instruments exchange prescribed in Article 2, paragraph (16) of the Financial Instruments and Exchange Act on which those listed shares, etc. are listed, as brands for which delisting from that financial instruments exchange has been decided or as brands at risk of delisting, and others specified by Cabinet Order), are to be accepted into that specified tax-exempt management account; that the financial instruments business operator, etc. is to confirm, pursuant to the provisions of Cabinet Order, the address of that resident or nonresident who has a permanent establishment and other matters specified by Cabinet Order as of the base date (meaning the day on which 10 years have elapsed from the day on which a specified cumulative investment account was first established in that account, and each day on which five years have elapsed from the day following that day); that the transfer of listed shares, etc. entered or recorded in the transfer account book or held in custody in that specified cumulative investment account or specified tax-exempt management account is to be made by the method of entrusting the sale to that financial instruments business operator, etc., the method of making the transfer to that financial instruments business operator, etc., or any other method specified by Cabinet Order; and other matters specified by Cabinet Orderare provided:

  特定非課税累積投資契約　第九条の八（第一項第三号及び第四号に係る部分に限る。）の規定並びに第一項（第三号及び第四号に係る部分に限る。）及び前三項の規定の適用を受けるために第一項の居住者又は恒久的施設を有する非居住者が金融商品取引業者等と締結した上場株式等の振替口座簿への記載若しくは記録又は保管の委託に係る契約で、その契約書において、上場株式等の振替口座簿への記載若しくは記録又は保管の委託は、当該記載若しくは記録又は保管の委託に係る口座に設けられた特定累積投資勘定又は特定非課税管理勘定において行うこと、当該特定累積投資勘定においては当該居住者又は恒久的施設を有する非居住者の同項第三号に掲げる上場株式等（累積投資上場株式等に限り、継続適用届出書提出者が出国をした日からその者に係る帰国届出書の提出があつた日までの間に取得をした上場株式等であつてイに掲げるものを除く。以下この号及び次号において「特定累積投資上場株式等」という。）のうち、累積投資契約（当該居住者又は恒久的施設を有する非居住者が、一定額の同項第二号イ又はロに掲げる上場株式等（当該上場株式等が同号イに掲げる上場株式等である場合には、一定額又は当該一定額の範囲内で取得することができる最も多い口数の同号イに掲げる上場株式等）につき、定期的に継続して、当該金融商品取引業者等に買付けの委託をし、当該金融商品取引業者等から取得し、又は当該金融商品取引業者等が行う募集により取得することを約する契約で、あらかじめその買付けの委託又は取得をする上場株式等の銘柄が定められているものをいう。）により取得したイに掲げるもの及びロに掲げるもののみを受け入れること、当該特定非課税管理勘定においては当該居住者又は恒久的施設を有する非居住者の同項第四号に掲げる上場株式等（継続適用届出書提出者が出国をした日からその者に係る帰国届出書の提出があつた日までの間に取得をしたもの、第二十九条の二第一項本文の規定の適用を受けて取得をしたもの、その上場株式等が上場されている金融商品取引法第二条第十六項に規定する金融商品取引所の定める規則に基づき、当該金融商品取引所への上場を廃止することが決定された銘柄又は上場を廃止するおそれがある銘柄として指定されているものその他の政令で定めるものを除く。）のうちハ及びニに掲げるもののみを受け入れること、当該金融商品取引業者等は、政令で定めるところにより基準経過日（当該口座に初めて特定累積投資勘定を設けた日から十年を経過した日及び同日の翌日以後五年を経過した日ごとの日をいう。）における当該居住者又は恒久的施設を有する非居住者の住所その他の政令で定める事項を確認することとされていること、当該特定累積投資勘定又は特定非課税管理勘定において振替口座簿への記載若しくは記録又は保管の委託がされている上場株式等の譲渡は当該金融商品取引業者等への売委託による方法、当該金融商品取引業者等に対してする方法その他政令で定める方法によりすることその他政令で定め次に掲げる事項が定められているものをいう。

• ChangedArticle 37-14, paragraph (5), item (vi), (a)

  specified cumulative investment listed shares, etc. acquired by entrusting the purchase to that financial instruments business operator, etc., specified cumulative investment listed shares, etc. acquired from that financial instruments business operator, etc.,entries or specified cumulative investment listed shares, etc. acquired through a public offering of specified cumulative investment listed shares, etc. conducted by that financial instruments business operator, etc., within the period from the day on which a specified cumulative investment account was established in that account to December 31 of the year that includes that day (referred to as the "acceptance period"records in (a)), which are accepted into that account immediately after their acquisition and for which the total amount of the consideration for acquisition of the specified cumulative investment listed shares, etc. accepted within that acceptance period does not exceed 1,200,000 yen (excluding those specified cumulative investment listed shares, etc. that, if accepted into thattransfer account, would cause the sum of that total amount, the total amount of the consideration for acquisition book or custody of the listed shares, etc. referredare to in (c) accepted into that accountbe made in that year and the base amount for the specified cumulative investment account (meaning the amount specified by Cabinet Order as the amount equivalent to the purchase price of the listed shares, etc. that the resident or nonresident who has a permanent establishment has accepted into the specified cumulative investment account and the specified tax-exempt management account as of December 31 of the year preceding that year;established in the same applies in (c), 2. and paragraph (30)) to exceed 18,000,000 yen)account pertaining to those entries or records or that custody;

  当該口座に特定累積投資勘定が設けられた日から同日の属する年の十二月三十一日までの期間（イにおいて「受入期間」という。）内に当該金融商品取引業者等への買付け上場株式等の振替口座簿への記載若しくは記録又は保管の委託により取得をした特定累積投資上場株式等は、当該金融商品取引業者等から取得をした特定累積投資上場株式等又は当該金融商品取引業者等が行う特定累積投資上場株式等の募集により取得をした特定累積投資上場株式等のうち、その取得後直ちに当該口座に受け入れられるもので当該受入期間内に受け入れた特定累積投資上場株式等の取得対価の額の合計額が百二十万円を超えないもの（特定累積投資上場株式等を当該記載若しくは記録又は保管の委託に係る口座に受け入れた場合に、当該合計額、同年において当該口座に受け入れているハの上場株式等の取得対価の額の合計額及び設けられた特定累積投資勘定基準額（同年の前年十二月三十一日に当該居住者又は恒久的施設を有する非居住者が特定累積投資勘定及び特定又は特定非課税管理勘定に受け入れている上場株式等の購入の代価の額に相当する金額として政令で定める金額をいう。ハ（２）及び第三十項において同じ。）の合計額が千八百万円を超えることとなるときにおける当該特定累積投資上場株式等を除く。）行うこと。

• ChangedArticle 37-14, paragraph (5), item (vi), (b)

  beyond what is in that specified cumulative investment account, only those listed in (a1) that were acquired under a cumulative investment contract (meaning a contract under which the resident or nonresident who has a permanent establishment agrees to entrust the purchase of, acquire from, or acquire through a public offering conducted by, that financial instruments business operator, etc., a fixed amount of the listed shares, etc. listed in paragraph (1), item (ii), (a) or (b) (where those listed shares, etc. are listed shares, etc. listed in (a) of that item, a fixed amount of, or the largest number of units that can be acquired within the range of that fixed amount of, the listed shares, etc. listed in (a) of that item), periodically and continuously, and in which the brands of listed shares, etc. to be purchased through such entrustment or acquired are specified in advance) and those listed in (2), out of the listed shares, etc. listed in paragraph (1), item (iii) of that resident or nonresident who has a permanent establishment (limited to listed shares, etc. for cumulative investment , and excluding listed shares, etc. specified by Cabinet Order;listed in (1) that were acquired during the period from the day of the absence from Japan of a person who has filed a notification of continued application until the day on which the notification of return to Japan pertaining to that person is submitted; hereinafter referred to in this paragraph and paragraph (8) as "specified cumulative investment listed shares, etc."), are to be accepted:

  イに当該特定累積投資勘定においては、当該居住者又は恒久的施設を有する非居住者の第一項第三号に掲げるもののほか政令で定める上場株式等（累積投資上場株式等に限り、継続適用届出書提出者が出国をした日からその者に係る帰国届出書の提出があつた日までの間に取得をした上場株式等であつて（１）に掲げるものを除く。以下この項及び第八項において「特定累積投資上場株式等」という。）のうち、累積投資契約（当該居住者又は恒久的施設を有する非居住者が、一定額の第一項第二号イ又はロに掲げる上場株式等（当該上場株式等が同号イに掲げる上場株式等である場合には、一定額又は当該一定額の範囲内で取得することができる最も多い口数の同号イに掲げる上場株式等）につき、定期的に継続して、当該金融商品取引業者等に買付けの委託をし、当該金融商品取引業者等から取得し、又は当該金融商品取引業者等が行う募集により取得することを約する契約で、あらかじめその買付けの委託又は取得をする上場株式等の銘柄が定められているものをいう。）により取得した（１）に掲げるもの及び（２）に掲げるもののみを受け入れること。

• AddedArticle 37-14, paragraph (5), item (vi), (b), (1)

  specified cumulative investment listed shares, etc. acquired by entrusting the purchase to that financial instruments business operator, etc., specified cumulative investment listed shares, etc. acquired from that financial instruments business operator, etc., or specified cumulative investment listed shares, etc. acquired through a public offering of specified cumulative investment listed shares, etc. conducted by that financial instruments business operator, etc., within the period from the day on which a specified cumulative investment account was established in that account to December 31 of the year that includes that day (referred to as the "acceptance period" in (1)), which are accepted into that account immediately after their acquisition and for which the total amount of the consideration for acquisition of the specified cumulative investment listed shares, etc. accepted within that acceptance period does not exceed 1,200,000 yen (or, where that specified cumulative investment account is a minor's specified cumulative investment account, 600,000 yen) (excluding the specified cumulative investment listed shares, etc. specified below according to the category of specified cumulative investment account listed below):

  当該口座に特定累積投資勘定が設けられた日から同日の属する年の十二月三十一日までの期間（（１）において「受入期間」という。）内に当該金融商品取引業者等への買付けの委託により取得をした特定累積投資上場株式等、当該金融商品取引業者等から取得をした特定累積投資上場株式等又は当該金融商品取引業者等が行う特定累積投資上場株式等の募集により取得をした特定累積投資上場株式等のうち、その取得後直ちに当該口座に受け入れられるもので当該受入期間内に受け入れた特定累積投資上場株式等の取得対価の額の合計額が百二十万円（当該特定累積投資勘定が未成年者特定累積投資勘定である場合には、六十万円）を超えないもの（次に掲げる特定累積投資勘定の区分に応じそれぞれ次に定める特定累積投資上場株式等を除く。）

• AddedArticle 37-14, paragraph (5), item (vi), (b), (1), (i)

  a specified cumulative investment account other than a minor's specified cumulative investment account: those specified cumulative investment listed shares, etc. that, if accepted into that account, would cause the sum of that total amount, the total amount of the consideration for acquisition of the listed shares, etc. referred to in (c), (1) accepted into that account in that year, and the base amount for the specified cumulative investment account (meaning the amount specified by Cabinet Order as the amount equivalent to the purchase price of the listed shares, etc. that the resident or nonresident who has a permanent establishment has accepted into the specified cumulative investment account and the specified tax-exempt management account as of December 31 of the year preceding that year; the same applies in (c), (1), (ii) and paragraph (36)) to exceed 18,000,000 yen;

  未成年者特定累積投資勘定以外の特定累積投資勘定　特定累積投資上場株式等を当該口座に受け入れた場合に、当該合計額、当該属する年において当該口座に受け入れているハ（１）の上場株式等の取得対価の額の合計額及び特定累積投資勘定基準額（同年の前年十二月三十一日に当該居住者又は恒久的施設を有する非居住者が特定累積投資勘定及び特定非課税管理勘定に受け入れている上場株式等の購入の代価の額に相当する金額として政令で定める金額をいう。ハ（１）（ｉｉ）及び第三十六項において同じ。）の合計額が千八百万円を超えることとなるときにおけるその特定累積投資上場株式等

• AddedArticle 37-14, paragraph (5), item (vi), (b), (1), (ii)

  a minor's specified cumulative investment account: those specified cumulative investment listed shares, etc. that, if accepted into that account, would cause the sum of the total amount of the consideration for acquisition of the specified cumulative investment listed shares, etc. accepted within that acceptance period and the amount specified by Cabinet Order as the amount equivalent to the purchase price of the specified cumulative investment listed shares, etc. that the resident or nonresident who has a permanent establishment has accepted into minor's specified cumulative investment accounts as of December 31 of the year preceding the year that includes the day on which that minor's specified cumulative investment account was established to exceed 6,000,000 yen.

  未成年者特定累積投資勘定　特定累積投資上場株式等を当該口座に受け入れた場合に、当該受入期間内に受け入れた特定累積投資上場株式等の取得対価の額の合計額及び当該未成年者特定累積投資勘定が設けられた日の属する年の前年十二月三十一日に当該居住者又は恒久的施設を有する非居住者が未成年者特定累積投資勘定に受け入れている特定累積投資上場株式等の購入の代価の額に相当する金額として政令で定める金額の合計額が六百万円を超えることとなるときにおけるその特定累積投資上場株式等

• AddedArticle 37-14, paragraph (5), item (vi), (b), (2)

  beyond what is listed in (1), specified cumulative investment listed shares, etc. specified by Cabinet Order.

  （１）に掲げるもののほか政令で定める特定累積投資上場株式等

• ChangedArticle 37-14, paragraph (5), item (vi), (c)

  listed shares, etc. acquired by entrusting the purchase toin that financial instruments business operator, etc., listed shares, etc. acquired from that financial instruments business operator, etc.,specified tax-exempt management account, only the following, out of the listed shares, etc. acquired through a public offering of listed shares, etc. conducted bylisted in paragraph (1), item (iv) of that financial instruments business operator, etc., or listed shares, etc. resident or nonresident who has a permanent establishment (excluding those acquired throughduring the exercise of share options granted with respect to listed shares, etc. entered or recorded in the transfer account book pertaining to that account or period from the day of the absence from Japan of a person who has filed a notification of continued application until the day on which the custodynotification of which has been entrustedreturn to Japan pertaining to that account, and others specified by Cabinet Order, within the period fromperson is submitted, those acquired by receiving the day on which a specified tax-exempt management account was established in that account to December 31 ofapplication of the provisions of the main clause of Article 29-2, paragraph (1), those designated, under the year that includes that day (referred to as the "acceptance period" in (c)), which are accepted into that account immediately after their acquisition and for whichrules prescribed by the financial instruments exchange prescribed in Article 2, paragraph (16) of the total amount of the consideration for acquisition of theFinancial Instruments and Exchange Act on which those listed shares, etc. accepted within that acceptance period does not exceed 2,400,000 yen (excluding those listed shares, etc. where, if accepted into that account, the case would fall under either of the following cases)are listed, as brands for which delisting from that financial instruments exchange has been decided or as brands at risk of delisting, and others specified by Cabinet Order), are to be accepted:

  当該口座に特定非課税管理勘定が設けられにおいては、当該居住者又は恒久的施設を有する非居住者の第一項第四号に掲げる上場株式等（継続適用届出書提出者が出国をした日から同日の属する年の十二月三十一その者に係る帰国届出書の提出があつた日までの期間（ハにおいて「受入期間」という。）内に当該金融商品取引業者等への買付けの委託により間に取得をしたもの、第二十九条の二第一項本文の規定の適用を受けて取得をしたもの、その上場株式等、当該が上場されている金融商品取引業者等から取得をした上場株式等法第二条第十六項に規定する金融商品取引所の定める規則に基づき、当該金融商品取引業者等が行う上場株式等の募集により取得をした上場株式等又は当該口座に係る振替口座簿に記載若しくは記録がされ、若しくは当該口座に保管の委託が所への上場を廃止することが決定された銘柄又は上場を廃止するおそれがある銘柄として指定されている上場株式等について与えられた新株予約権の行使により取得をした上場株式等ものその他の政令で定めるものを除く。）のうち、その取得後直ちに当該口座に受け入れられ次に掲げるもので当該受入期間内に受け入れた上場株式等の取得対価の額の合計額が二百四十万円を超えないもの（上場株式等を当該口座にのみを受け入れた場合において、次に掲げる場合に該当することとなるときにおける当該上場株式等を除く。）ること。

• ChangedArticle 37-14, paragraph (5), item (vi), (c), (1)

  where listed shares, etc. acquired by entrusting the sum ofpurchase to that total amount and the base amount for the specified tax-exempt management account (meaning the amount specified financial instruments business operator, etc., listed shares, etc. acquired from that financial instruments business operator, etc., listed shares, etc. acquired through a public offering of listed shares, etc. conducted by Cabinet Order as the amount equivalent to the purchase price of that financial instruments business operator, etc., or listed shares, etc. acquired through the exercise of share options granted with respect to listed shares, etc. that entered or recorded in the resident transfer account book pertaining to that account or nonresident who the custody of which has a permanent establishment has accepted into been entrusted to that account, and others specified by Cabinet Order, within the period from the day on which a specified tax-exempt management account as of was established in that account to December 31 of the year preceding the year in question; that includes that day (referred to as the same applies"acceptance period" in paragraph (30)) exceeds 12,000,(1)), which are accepted into that account immediately after their acquisition and for which the total amount of the consideration for acquisition of the listed shares, etc. accepted within that acceptance period does not exceed 2,400,000 yen; (excluding those listed shares, etc. where, if accepted into that account, the case would fall under either of the following cases):

  当該合計額及び口座に特定非課税管理勘定基準額（当該が設けられた日から同日の属する年の前年十二月三十一日に当該居住者又は恒久的施設を有する非居住者が特定非課税管理勘定に受け入までの期間（（１）において「受入期間」という。）内に当該金融商品取引業者等への買付けの委託により取得をした上場株式等、当該金融商品取引業者等から取得をした上場株式等、当該金融商品取引業者等が行う上場株式等の募集により取得をした上場株式等又は当該口座に係る振替口座簿に記載若しくは記録がされ、若しくは当該口座に保管の委託がされている上場株式等の購入の代価の額に相当する金額としてについて与えられた新株予約権の行使により取得をした上場株式等その他の政令で定める金額をいう。第三十項において同じ。）のもののうち、その取得後直ちに当該口座に受け入れられるもので当該受入期間内に受け入れた上場株式等の取得対価の額の合計額が千二百二百四十万円を超えないもの（上場株式等を当該口座に受け入れた場合において、次に掲げる場合に該当することとなるときにおけるその上場株式等を除く。）

• AddedArticle 37-14, paragraph (5), item (vi), (c), (1), (i)

  where the sum of that total amount and the base amount for the specified tax-exempt management account (meaning the amount specified by Cabinet Order as the amount equivalent to the purchase price of the listed shares, etc. that the resident or nonresident who has a permanent establishment has accepted into the specified tax-exempt management account as of December 31 of the year preceding that year; the same applies in paragraph (36)) exceeds 12,000,000 yen;

  当該合計額及び特定非課税管理勘定基準額（当該属する年の前年十二月三十一日に当該居住者又は恒久的施設を有する非居住者が特定非課税管理勘定に受け入れている上場株式等の購入の代価の額に相当する金額として政令で定める金額をいう。第三十六項において同じ。）の合計額が千二百万円を超える場合

• AddedArticle 37-14, paragraph (5), item (vi), (c), (1), (ii)

  where the sum of the total amount of the consideration for acquisition of the listed shares, etc. accepted within that acceptance period, the total amount of the consideration for acquisition of the specified cumulative investment listed shares, etc. referred to in (b), (1) accepted into that account in the year that includes the day on which the specified tax-exempt management account pertaining to that acceptance period was established, and the base amount for the specified cumulative investment account exceeds 18,000,000 yen.

  当該受入期間内に受け入れた上場株式等の取得対価の額の合計額、当該受入期間に係る特定非課税管理勘定が設けられた日の属する年において当該口座に受け入れているロ（１）の特定累積投資上場株式等の取得対価の額の合計額及び特定累積投資勘定基準額の合計額が千八百万円を超える場合

• ChangedArticle 37-14, paragraph (5), item (vi), (c), (2)

  where the sum of the total amount of the consideration for acquisition of thebeyond what is listed shares, etc. accepted within that acceptance period, the total amount of the consideration for acquisition of the specified cumulative investment in (1), listed shares, etc. referred to in (a) accepted into that account in the year that includes the day on which the specified tax-exempt management account pertaining to that acceptance period was established, and the base amount for the specified cumulative investment account exceeds 18,000,000 yenby Cabinet Order.

  当該受入期間内に受け入れた上場株式等の取得対価の額の合計額、当該受入期間に係る特定非課税管理勘定が設けられた日の属する年において当該口座に受け入れているイの特定累積投資（１）に掲げるもののほか政令で定める上場株式等の取得対価の額の合計額及び特定累積投資勘定基準額の合計額が千八百万円を超える場合

• ChangedArticle 37-14, paragraph (5), item (vi), (d)

  beyond what isthe transfer of listed shares, etc. entered or recorded in (c), listed sharesthe transfer account book or held in custody in that specified cumulative investment account or specified tax-exempt management account is to be made by the method of entrusting the sale to that financial instruments business operator, etc., the method of making the transfer to that financial instruments business operator, etc. , or any other method specified by Cabinet Order.;

  ハに掲げるもののほか当該特定累積投資勘定又は特定非課税管理勘定において振替口座簿への記載若しくは記録又は保管の委託がされている上場株式等の譲渡は、当該金融商品取引業者等への売委託による方法、当該金融商品取引業者等に対してする方法その他政令で定める上場株式等方法によりすること。

• AddedArticle 37-14, paragraph (5), item (vi), (e)

  specified cumulative investment listed shares, etc. entered or recorded in, or held in custody in, a minor's specified cumulative investment account are to be handled as specified below until December 31 of the year preceding the reference year of that resident or nonresident who has a permanent establishment:

  未成年者特定累積投資勘定に記載若しくは記録又は保管の委託がされる特定累積投資上場株式等は、当該居住者又は恒久的施設を有する非居住者の基準年の前年十二月三十一日までは、次に定めるところによること。

• AddedArticle 37-14, paragraph (5), item (vi), (e), (1)

  no transfer of custody of those specified cumulative investment listed shares, etc. from that account to an other custody account, and no return of securities pertaining to those specified cumulative investment listed shares, etc. to that resident or nonresident who has a permanent establishment, is to be made (excluding the transfer of custody or return specified below according to the category of year listed below):

  当該特定累積投資上場株式等の当該口座から他の保管口座への移管又は当該特定累積投資上場株式等に係る有価証券の当該居住者若しくは恒久的施設を有する非居住者への返還（次に掲げる年の区分に応じそれぞれ次に定める移管又は返還を除く。）をしないこと。

• AddedArticle 37-14, paragraph (5), item (vi), (e), (1), (i)

  each year up to and including the year preceding the year in which that resident or nonresident who has a permanent establishment is 12 years of age on March 31 of that year (referred to as the "specified reference year" in (ii) and item (x), (b)): a transfer of custody or return due to a disaster, illness or other unavoidable reason specified by Cabinet Order that is made with regard to all of the specified cumulative investment listed shares, etc. and money or other assets entered or recorded in, held in custody in, or deposited or entrusted in, that account and the specified taxable minor's account established at the same time as that account (referred to as a "return, etc. due to a disaster, etc." in (f), item (x), (b), (1) and the following paragraph), and a transfer of custody or return due to any other reason specified by Cabinet Order;

  当該居住者又は恒久的施設を有する非居住者が、その年三月三十一日において十二歳である年（（ｉｉ）及び第十号ロにおいて「特定基準年」という。）の前年以前の各年　災害、疾病その他の政令で定めるやむを得ない事由による当該移管又は返還で当該口座及び当該口座と同時に設けられた特定課税未成年者口座に記載若しくは記録若しくは保管の委託又は預入れ若しくは預託がされている特定累積投資上場株式等及び金銭その他の資産の全てについて行うもの（ヘ、第十号ロ（１）及び次項において「災害等による返還等」という。）その他政令で定める事由による当該移管又は返還

• AddedArticle 37-14, paragraph (5), item (vi), (e), (1), (ii)

  each year from the specified reference year of that resident or nonresident who has a permanent establishment onward: the transfer of custody or return specified in (i), and the transfer of custody or return in the case where that resident or nonresident who has a permanent establishment has submitted to the head of the business office of the financial instruments business operator, etc. at which that account is opened a document stating a request for the transfer of custody of those specified cumulative investment listed shares, etc. from that account to an other custody account or for the return of securities pertaining to those specified cumulative investment listed shares, etc. to that resident or nonresident who has a permanent establishment, the reason giving rise to that transfer of custody or return (limited to one for appropriating it to the payment of educational expenses or living expenses of that resident or nonresident who has a permanent establishment), and other matters specified by Order of the Ministry of Finance (such submission includes the provision, by electronic or magnetic means in lieu of the submission of that document, of the matters to be stated in that document).

  当該居住者又は恒久的施設を有する非居住者の特定基準年以後の各年　（ｉ）に定める移管又は返還及び当該居住者又は恒久的施設を有する非居住者が、当該口座が開設されている金融商品取引業者等の営業所の長に当該特定累積投資上場株式等の当該口座から他の保管口座への移管又は当該特定累積投資上場株式等に係る有価証券の当該居住者若しくは恒久的施設を有する非居住者への返還を依頼する旨、当該移管又は返還の基因となる事由（当該居住者又は恒久的施設を有する非居住者の教育費又は生活費の支払に充てるためのものに限る。）その他の財務省令で定める事項を記載した書類の提出（当該書類の提出に代えて行う電磁的方法による当該書類に記載すべき事項の提供を含む。）をした場合における当該移管又は返還

• AddedArticle 37-14, paragraph (5), item (vi), (e), (2)

  no transfer of those specified cumulative investment listed shares, etc. by a method other than the methods prescribed in (d) that is specified by Cabinet Order, and no gift of them, is to be made;

  当該特定累積投資上場株式等のニに規定する方法以外の方法による譲渡で政令で定めるもの又は贈与をしないこと。

• AddedArticle 37-14, paragraph (5), item (vi), (e), (3)

  the consideration for the transfer of those specified cumulative investment listed shares, etc. (including money or other assets whose amount is deemed, pursuant to the provisions of Article 37-11, paragraph (4), to be revenue pertaining to capital gains, etc. on listed shares, etc. prescribed in that paragraph; the same applies in paragraph (8)) or money or other assets delivered as dividends, etc. pertaining to those specified cumulative investment listed shares, etc. (excluding those specified by Cabinet Order) is to be deposited or entrusted in that specified taxable minor's account immediately after its receipt.

  当該特定累積投資上場株式等の譲渡の対価（その額が第三十七条の十一第四項の規定により同項に規定する上場株式等に係る譲渡所得等に係る収入金額とみなされる金銭その他の資産を含む。第八項において同じ。）又は当該特定累積投資上場株式等に係る配当等として交付を受ける金銭その他の資産（政令で定めるものを除く。）は、その受領後直ちに当該特定課税未成年者口座に預入れ又は預託をすること。

• AddedArticle 37-14, paragraph (5), item (vi), (f)

  where, with respect to that account, an event by which the account ceases to meet the requirements listed in (e) or a return, etc. due to a disaster, etc. occurs, that account and the specified taxable minor's account established at the same time as that account are to be closed at the time those events (referred to as an "event for closing a tax-exempt account, etc." in paragraph (33), item (i)) occur;

  当該口座につきホに掲げる要件に該当しないこととなる事由又は災害等による返還等が生じた場合には、これらの事由（第三十三項第一号において「非課税口座等廃止事由」という。）が生じた時に当該口座及び当該口座と同時に設けられた特定課税未成年者口座を廃止すること。

• AddedArticle 37-14, paragraph (5), item (vi), (g)

  beyond what is listed in (a) through (f), matters specified by Cabinet Order.

  イからヘまでに掲げるもののほか政令で定める事項

This article's changes go on in the next part.