Act on Special Measures Concerning Taxation

Where the place of employment prescribed in Article 4-2, paragraph (1) or paragraph (1) of the preceding Article (hereinafter referred to in this paragraph through paragraph (3) and in paragraph (5) as the "place of employment") via which a wage earner prescribed in Article 4-2, paragraph (1) (hereinafter referred to in this paragraph and paragraph (5) as a "wage earner") is to make the submission of the documents listed in the following items (hereinafter referred to in this paragraph through paragraph (3) as the "submission of an application to exempt asset-building savings from taxation, etc.") meets the requirements specified by Cabinet Order, such as having taken measures that enable it to properly receive the provision, by electronic or magnetic means (meaning a means using an electronic data processing system or any other means using information and communications technology, which is specified by Order of the Ministry of Finance; the same applies hereinafter in this Article), of the matters to be stated (hereinafter referred to in this Article as the "required particulars") in the documents prescribed in those items (hereinafter referred to in this paragraph through paragraph (3) as an "application to exempt asset-building savings from taxation, etc."), the wage earner may, in lieu of the submission of an application to exempt asset-building savings from taxation, etc., provide the place of employment with the required particulars by electronic or magnetic means. In this case, the wage earner must take measures specified by Order of the Ministry of Finance that make the wage earner's name clear, and when the wage earner has taken those measures, the wage earner is deemed to have submitted the application to exempt asset-building savings from taxation, etc. to the place of employment.

the submission of an application to exempt asset-building housing savings from taxation prescribed in Article 4-2, paragraph (1) pursuant to the provisions of that paragraph;

the submission of a statement of tax-exempt asset-building housing savings prescribed in Article 4-2, paragraph (4) pursuant to the provisions of that paragraph;

the submission of a statement of change to the maximum limitation for tax-exempt asset-building housing savings prescribed in Article 4-2, paragraph (5) pursuant to the provisions of that paragraph;

the submission of an application to exempt asset-building pension savings from taxation prescribed in paragraph (1) of the preceding Article pursuant to the provisions of that paragraph;

the submission of a statement of tax-exempt asset-building pension savings prescribed in paragraph (4) of the preceding Article pursuant to the provisions of that paragraph;

the submission of a statement of change to the maximum limitation for tax-exempt asset-building pension savings prescribed in paragraph (5) of the preceding Article pursuant to the provisions of that paragraph.

The head of a place of employment listed in each of the following items (hereinafter referred to in this paragraph, the following paragraph, and paragraph (6) as an "entrusting workplace") may, where the office or any other equivalent place of the administrative agent organization (meaning an administrative agent organization prescribed in Article 4-2, paragraph (1) or paragraph (1) of the preceding Article; the same applies hereinafter in this paragraph) pertaining to the entrustment referred to in that item that performs the administrative affairs referred to in that item (hereinafter referred to in this paragraph, the following paragraph, and paragraph (6) as an "administrative agent's office") meets the requirements specified by Cabinet Order, such as having taken measures that enable it to properly receive the provision of required particulars by electronic or magnetic means, provide the administrative agent's office pertaining to the entrustment referred to in that item with the required particulars by electronic or magnetic means, in lieu of the submission of an application to exempt asset-building savings from taxation, etc. (limited to the submission of the documents specified in each of the following items according to the category of place of employment listed in that item). In this case, the head of the entrusting workplace must take measures specified by Order of the Ministry of Finance that make the name of the entrusting workplace clear, and when the head has taken those measures, the head is deemed to have submitted the application to exempt asset-building savings from taxation, etc. to the administrative agent's office.

a place of employment that has accepted the documents prescribed in items (i) through (iii) of the preceding paragraph, where the specified wage payer prescribed in Article 4-2, paragraph (1) pertaining to that place of employment has entrusted the administrative affairs pertaining to workers' property accumulation housing savings contracts prescribed in that paragraph to an administrative agent organization: the documents prescribed in items (i) through (iii) of the preceding paragraph;

a place of employment that has accepted the documents prescribed in items (iv) through (vi) of the preceding paragraph, where the specified wage payer prescribed in paragraph (1) of the preceding Article pertaining to that place of employment has entrusted the administrative affairs pertaining to workers' property accumulation pension savings contracts prescribed in that paragraph to an administrative agent organization: the documents prescribed in items (iv) through (vi) of the preceding paragraph.

The head of a place of employment that has accepted an application to exempt asset-building savings from taxation, etc. (excluding an entrusting workplace; hereinafter referred to in this paragraph and paragraph (6) as a "workplace doing the administrative work") or the head of an administrative agent's office that has accepted an application to exempt asset-building savings from taxation, etc. may, where the business office of the financial institution or other such place prescribed in Article 4-2, paragraph (1) to which the application to exempt asset-building savings from taxation, etc. is to be submitted or via which it is to be submitted meets the requirements specified by Cabinet Order, such as having taken measures that enable it to properly receive the provision of required particulars by electronic or magnetic means, provide the business office of the financial institution or other such place with the required particulars by electronic or magnetic means, in lieu of the submission of an application to exempt asset-building savings from taxation, etc. In this case, the head of the workplace doing the administrative work or the head of the administrative agent's office must take measures specified by Order of the Ministry of Finance that make the name of the workplace doing the administrative work or the administrative agent's office clear, and when the head has taken those measures, the head is deemed to have submitted the application to exempt asset-building savings from taxation, etc. to the business office of the financial institution or other such place.

With regard to the application of the provisions of Article 4-2, paragraph (6) and paragraph (6) of the preceding Article in the case where the provisions of the preceding paragraph apply, the phrase "when a statement" in those provisions is deemed to be replaced with "when the matters to be stated in a statement", the phrase "or a statement of change" with "or the matters to be stated in a statement of change", the phrase "has been accepted by" with "have been provided to", and the phrase "the day on which it was accepted" with "the day on which they were provided".

Where a wage earner provides required particulars by electronic or magnetic means pursuant to the provisions of paragraph (1) (limited to the part pertaining to item (ii) or item (v)), the wage earner may, pursuant to the provisions of Cabinet Order, in lieu of submitting, pursuant to the provisions of Article 4-2, paragraph (4) or paragraph (4) of the preceding Article, the document certifying the matters listed in item (iv) of Article 4-2, paragraph (4) prescribed in that paragraph or the document certifying the matters listed in item (iv) of paragraph (4) of the preceding Article prescribed in that paragraph, provide the place of employment with the matters to be stated in those documents by electronic or magnetic means. In this case, the wage earner is deemed to have submitted the statement of tax-exempt asset-building housing savings prescribed in Article 4-2, paragraph (4) or the statement of tax-exempt asset-building pension savings prescribed in paragraph (4) of the preceding Article with those documents attached thereto pursuant to those provisions.

The provisions of the preceding paragraph apply mutatis mutandis in the case where the head of an entrusting workplace provides required particulars by electronic or magnetic means pursuant to the provisions of paragraph (2) (limited to the part pertaining to the submission of the documents listed in paragraph (1), item (ii) or item (v)), or where the head of a workplace doing the administrative work or the head of an administrative agent's office provides required particulars by electronic or magnetic means pursuant to the provisions of paragraph (3) (limited to the part pertaining to the submission of the documents listed in paragraph (1), item (ii) or item (v)).

Beyond what is prescribed in the preceding three paragraphs, necessary matters concerning the application of the provisions of the preceding two Articles and paragraphs (1) through (3) in the case where required particulars are provided by electronic or magnetic means are specified by Cabinet Order.

With regard to the gain received by a wage earner prescribed in Article 2, item (i) of the Workers' Property Accumulation Promotion Act (referred to in paragraph (3) as a "wage earner") under a contract for life insurance or casualty insurance or life mutual aid (referred to in the following paragraph as a "workers' property accumulation savings insurance contract, etc.") pertaining to a workers' property accumulation savings contract, workers' property accumulation pension savings contract, or workers' property accumulation housing savings contract prescribed in Article 6, paragraph (1), (2), or (4) of that Act (referred to in paragraph (3) as a "workers' property accumulation savings contract, etc.") (meaning the balance remaining after deducting the total of the amount of premiums for the life insurance or casualty insurance or the amount of mutual aid premiums for the life mutual aid from the amount of the lump-sum payments specified by Cabinet Order as maturity refunds, etc., out of the lump-sum payments paid under the workers' property accumulation savings contract, or the gain prescribed in Article 4-2, paragraph (1), item (iv) or Article 4-3, paragraph (1), item (iv)), the provisions of the Income Tax Act and this Chapter apply by deeming the gain to be interest and similar income prescribed in Article 23, paragraph (1) of that Act.

The provisions of Article 76, paragraphs (1) through (4) and Article 77, paragraph (1) of the Income Tax Act do not apply to premiums for life insurance or casualty insurance or mutual aid premiums for life mutual aid pertaining to a workers' property accumulation savings insurance contract, etc.

Where, with regard to beneficial interests in a securities investment trust (limited to one whose public offering of beneficial rights pertaining to its establishment was conducted by way of public offering prescribed in Article 3, paragraph (1), item (ii)) purchased by a wage earner under a workers' property accumulation savings contract, etc., there has been a termination of the securities investment trust (where it pertains to a merger of trusts of the securities investment trust, limited to a termination pertaining to a merger of trusts in which assets other than beneficial interests in the trust newly formed by the merger of trusts (excluding money or other assets delivered as consideration based on a demand for purchase made by a beneficiary of the securities investment trust who objects to the merger of trusts) have been delivered to the beneficiaries of the securities investment trust) or a partial cancellation thereof, the provisions of the Income Tax Act and this Chapter apply by deeming the amount, out of the total of the amount of money and the value of assets other than money delivered as a result of the termination or partial cancellation, up to the amount entrusted for the securities investment trust (limited to the amount of the part pertaining to the beneficial interests in the securities investment trust), to be the revenue pertaining to capital gains, etc. on listed shares, etc. prescribed in Article 37-11, paragraph (1), notwithstanding the provisions of paragraph (4) of that Article.