Act on Special Measures Concerning Taxation

With regard to the inheritance tax equivalent to the inheritance tax subject to deferral relating to the covered gifted unlisted shares or similar interests (limited to shares, etc. (meaning shares or capital contributions; the same applies hereinafter in this Article) of a certified inheritance succession company) for which the inheritance tax return states that the successor donee for inheritance seeks the application of the provisions of this paragraph (limited to the part specified by Cabinet Order as the part up to two-thirds of the total number or total amount of the issued shares of or capital contributions to (limited to shares, etc. with no restriction on voting rights) the certified inheritance succession company relating to those covered gifted unlisted shares or similar interests as of the time of the commencement of the succession; referred to as "covered inherited unlisted shares or similar interests" hereinafter in this Article), out of the amount of inheritance tax payable upon filing the inheritance tax return for the inheritance by a successor donee for inheritance who seeks the application of the provisions of this paragraph with regard to the covered gifted unlisted shares or similar interests deemed, pursuant to the provisions of paragraph (1) of the preceding Article, to have been acquired by inheritance or bequest from the donor referred to in that paragraph, notwithstanding the provisions of Article 33 of the Inheritance Tax Act, payment of that tax is deferred until the date of death of that successor donee for inheritance, only in the case where security equivalent to that inheritance tax subject to deferral has been provided by the due date for filing that inheritance tax return pursuant to the provisions of Cabinet Order.

In this Article, the meanings of the terms listed in the following items are as prescribed respectively in those items:

certified inheritance succession company: a company specified in Article 70-7, paragraph (2), item (i) that, at the time of the commencement of the succession to which the provisions of the preceding paragraph apply, satisfies all of the following requirements (or, in the case where the donor relating to the successor donee for inheritance to whom the provisions of that paragraph apply has died on or after the day following the day listed in item (v), (a) or (b), whichever is earlier, excluding the one listed in (c)):

the number of regular employees (meaning those specified by Order of the Ministry of Finance as employees who are regularly employed; the same applies in (e) and in paragraph (18), item (ii)) of the company is one or more;

the company does not fall under an asset-holding company prescribed in Article 70-7, paragraph (2), item (viii) or an asset-management company prescribed in item (ix) of that paragraph that is specified by Cabinet Order;

the shares, etc. of the company (referred to as the "specified company" in (c)) and the shares, etc. of a company specified by Cabinet Order as a company having a close relationship with the specified company out of its specially related companies (meaning companies having a special relationship specified by Cabinet Order with the specified company; the same applies hereinafter in this paragraph) (referred to as a "specified specially related company" in (d)) fall under unlisted shares or similar interests;

neither the company nor its specified specially related companies fall under a sex-related business company prescribed in Article 70-7, paragraph (2), item (i), (d);

in the case where a specially related company of the company falls under a foreign company prescribed in Article 2, item (ii) of the Companies Act (limited to the case where the company or a corporation having a controlling relationship with the company holds shares, etc. of that specially related company), the number of regular employees of the company is five or more;

beyond what is listed in (a) through (e), the company satisfies the requirements specified by Cabinet Order as those necessary for ensuring the smooth operation of the business of a company;

unlisted shares or similar interests: the shares, etc. specified in Article 70-7, paragraph (2), item (ii);

successor donee for inheritance: a person specified in Article 70-7, paragraph (2), item (iii) to whom the provisions of paragraph (1) of that Article apply, who satisfies all of the following requirements:

at the time of the commencement of the succession to which the provisions of the preceding paragraph apply, the person holds the authority of representation of the certified inheritance succession company relating to those covered gifted unlisted shares or similar interests;

at the time of the commencement of the succession to which the provisions of the preceding paragraph apply, the total number of voting rights pertaining to the shares, etc. of that certified inheritance succession company held by the person and persons having a special relationship specified by Cabinet Order with the person exceeds 50 percent of the total number of voting rights of all shareholders, etc. of that certified inheritance succession company;

at the time of the commencement of the succession to which the provisions of the preceding paragraph apply, the number of voting rights pertaining to the shares, etc. of that certified inheritance succession company held by the person is not less than the number of voting rights pertaining to the shares, etc. of that certified inheritance succession company held by any of the persons having the special relationship specified by Cabinet Order prescribed in (b) with the person;

inheritance tax subject to deferral: the remaining amount after deducting the amount listed in (b) from the amount listed in (a);

the amount of inheritance tax of the successor donee for inheritance calculated pursuant to the provisions of Cabinet Order by applying the provisions of Articles 13 through 19 of the Inheritance Tax Act and deeming the value of the covered inherited unlisted shares or similar interests to which the provisions of the preceding paragraph apply (or, in the case where the certified inheritance succession company relating to those covered inherited unlisted shares or similar interests or a specially related company of that certified inheritance succession company that is a corporation having a controlling relationship with that certified inheritance succession company (referred to as a "certified inheritance succession company, etc." in (a)) holds shares, etc. (including investment units prescribed in Article 2, paragraph (14) of the Act on Investment Trusts and Investment Corporations) of a foreign company prescribed in Article 2, item (ii) of the Companies Act (limited to one that falls under a specially related company of that certified inheritance succession company) or of any other corporation specified by Cabinet Order, the value calculated, on the basis of the value of the shares, etc. of that certified inheritance succession company at the time of the gift of the covered gifted unlisted shares or similar interests referred to in the preceding paragraph to which the provisions of Article 70-7, paragraph (1) apply, pursuant to the provisions of Order of the Ministry of Finance on the assumption that that certified inheritance succession company, etc. did not hold the shares, etc. of that foreign company or that other corporation specified by Cabinet Order; the same applies in (b)) to be the taxable value of inheritance tax relating to the successor donee for inheritance referred to in the preceding paragraph;

the amount of inheritance tax of the successor donee for inheritance calculated pursuant to the provisions of Cabinet Order by applying the provisions of Articles 13 through 19 of the Inheritance Tax Act and deeming the amount calculated by multiplying the value of the covered inherited unlisted shares or similar interests to which the provisions of the preceding paragraph apply by 20 percent to be the taxable value of inheritance tax relating to the successor donee for inheritance referred to in that paragraph;

business succession period for inheritance: in the case where the succession has commenced with regard to the donor relating to the gift (or, in the case where the gift to which the provisions of Article 70-7, paragraph (1) apply received by the successor donee for inheritance is one made by that donor to which the provisions of paragraph (15) of that Article (limited to the part relating to item (iii), and including the case where it is applied mutatis mutandis pursuant to paragraph (11) of the following Article) apply, the person who made a gift of unlisted shares or similar interests of the certified inheritance succession company relating to the covered gifted unlisted shares or similar interests referred to in the preceding paragraph to the person specified by Cabinet Order as a person who received the application of the provisions of Article 70-7, paragraph (1) or paragraph (1) of the following Article; the same applies hereinafter in this Article and in Article 70-7-2 as applied mutatis mutandis in this Article) during the period from the day following the due date for filing the gift tax return prescribed in Article 70-7, paragraph (1) for the year that includes the day of the gift to which the provisions of that paragraph apply until the earlier of the following days, the period from the day of the commencement of the succession until the earlier of the following days or the day before the date of death of the successor donee for inheritance relating to that gift, whichever is earlier;

the day on which five years have elapsed on or after the day following the due date for filing the gift tax return prescribed in Article 70-7, paragraph (1) for the year that includes the day of the first gift of that successor donee for inheritance to which the provisions of that paragraph apply;

the day on which five years have elapsed on or after the day following the due date for filing the inheritance tax return for the first inheritance of that successor donee for inheritance to which the provisions of Article 70-7-2, paragraph (1) apply;

base date for management reports for inheritance: the day specified in (a) or (b) according to the category of periods listed in (a) or (b) below:

the business succession period for inheritance: each day on which one year elapses from the day following the due date for filing the gift tax return prescribed in Article 70-7, paragraph (1) for the year that includes the day of the gift to which the provisions of that paragraph apply (or, in the case where the successor donee for inheritance has received the application of the provisions of Article 70-7-2, paragraph (1) with regard to unlisted shares or similar interests of the certified inheritance succession company relating to the covered gifted unlisted shares or similar interests referred to in Article 70-7, paragraph (1) before receiving the application of the provisions of that paragraph, the due date for filing the inheritance tax return) (referred to as a "type 1 inheritance base date" in Article 70-7-2, paragraph (10) as applied mutatis mutandis pursuant to paragraph (8));

the period from the day following the last day of the business succession period for inheritance (or, in the case where the donor relating to the successor donee for inheritance to whom the provisions of the preceding paragraph apply has died on or after the day following the day listed in (a) or (b) of the preceding item, whichever is earlier, the business succession period for a gift prescribed in Article 70-7, paragraph (2), item (vi) relating to that successor donee for inheritance) until the day on which the deadline of the tax payment grace period under the provisions of the preceding paragraph, the following paragraph or paragraphs (9) through (11) is fixed for all of the inheritance tax equivalent to the inheritance tax subject to deferral (or, in the case where the provisions of Article 70-7-2, paragraph (4) or (5) as applied mutatis mutandis pursuant to the following paragraph have already been applied, excluding the amount calculated pursuant to the provisions of Cabinet Order as the amount of the part corresponding to the value of the covered inherited unlisted shares or similar interests to which the provisions of the following paragraph have been applied): each day on which three years elapse from the day following that last day (referred to as a "type 2 inheritance base date" in Article 70-7-2, paragraph (10) as applied mutatis mutandis pursuant to paragraph (8)).

The provisions of Article 70-7-2, paragraphs (3) through (5) apply mutatis mutandis to the fixing of the deadline of the tax payment grace period under the provisions of paragraph (1). In this case, in the part of paragraph (3) of that Article other than the items, the term "business succession period" is deemed to be replaced with "business succession period for inheritance", the phrase "the provisions of paragraph (1)" with "the provisions of Article 70-7-4, paragraph (1)", the term "successor heir, etc." with "successor donee for inheritance", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", and the term "certified succession company" with "certified inheritance succession company"; in items (i) and (ii) of that paragraph, the term "successor heir, etc." with "successor donee for inheritance", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", and the term "certified succession company" with "certified inheritance succession company"; in item (iii) of that paragraph, the term "successor heir, etc." with "successor donee for inheritance", the phrase "those covered unlisted shares or similar interests" with "those covered inherited unlisted shares or similar interests", the term "certified succession company" with "certified inheritance succession company", the phrase "covered unlisted shares or similar interests or" with "covered inherited unlisted shares or similar interests or", and the phrase "covered inherited unlisted shares or similar interests prescribed in Article 70-7-4, paragraph (1)" with "covered unlisted shares or similar interests"; in item (iv) of that paragraph, the term "successor heir, etc." with "successor donee for inheritance", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", and the term "certified succession company" with "certified inheritance succession company"; in items (v) and (vi) of that paragraph, the term "successor heir, etc." with "successor donee for inheritance" and the term "certified succession company" with "certified inheritance succession company"; in items (viii) through (xvii) of that paragraph, the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", the term "certified succession company" with "certified inheritance succession company", and the term "successor heir, etc." with "successor donee for inheritance"; in paragraph (4) of that Article, the phrase "within the business succession period, ... paragraph (1)" with "within the business succession period for inheritance, ... Article 70-7-4, paragraph (1)", the term "successor heir, etc." with "successor donee for inheritance", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", and the term "certified succession company" with "certified inheritance succession company"; and in paragraph (5) of that Article, the term "business succession period" with "business succession period for inheritance (or, in the case where the donor relating to the successor donee for inheritance to whom the provisions of Article 70-7-4, paragraph (1) apply has died on or after the day following the day listed in paragraph (2), item (v), (a) or (b) of that Article, whichever is earlier, the business succession period for a gift prescribed in paragraph (2), item (vi) of the preceding Article relating to that successor donee for inheritance)", the phrase "paragraph (1)," with "the provisions of Article 70-7-4, paragraph (1) or", the word "又は" (or) before "paragraph (15)" with "若しくは" (or, joining a smaller group of alternatives), the phrase "of paragraph (1)" with "of paragraph (1) of that Article", the term "successor heir, etc." with "successor donee for inheritance", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", and the term "certified succession company" with "certified inheritance succession company".

The provisions of Article 70-7-2, paragraph (6) apply mutatis mutandis in the case where a successor donee for inheritance seeking the application of the provisions of paragraph (1) has provided, as security for the inheritance tax subject to deferral, all of the covered inherited unlisted shares or similar interests (or, in the case where the certified inheritance succession company relating to those covered inherited unlisted shares or similar interests has been extinguished through a merger or in any other case specified by Order of the Ministry of Finance, those specified by Order of the Ministry of Finance as equivalent to those covered inherited unlisted shares or similar interests; the same applies hereinafter in this Article).

The provisions of paragraph (1) do not apply to unlisted shares or similar interests acquired by inheritance or bequest from a decedent (including those deemed to have been acquired by inheritance or bequest pursuant to the provisions of paragraph (1) of the preceding Article; the same applies in the following paragraph), in the case where, with regard to the shares, etc. of the company relating to those unlisted shares or similar interests, there is another successor donee for inheritance to whom the provisions of paragraph (1) apply, a successor donee prescribed in Article 70-7, paragraph (2), item (iii) to whom the provisions of paragraph (1) of that Article apply, or a successor heir, etc. prescribed in Article 70-7-2, paragraph (2), item (iii) to whom the provisions of paragraph (1) of that Article apply (excluding the case where the person seeking the application of the provisions of paragraph (1) is that successor donee or that successor heir, etc.).

In the case where the provisions of paragraph (1) apply to covered gifted unlisted shares or similar interests, the provisions of Article 70-7-2, paragraph (1) may not be applied to unlisted shares or similar interests acquired by inheritance or bequest from the donor relating to those covered gifted unlisted shares or similar interests (limited to the shares, etc. of the company relating to those covered gifted unlisted shares or similar interests).

The provisions of paragraph (1) do not apply in the case where the inheritance tax return filed by the successor donee for inheritance seeking the application of the provisions of that paragraph does not state that the successor donee for inheritance seeks the application of the provisions of that paragraph with regard to all or part of the covered gifted unlisted shares or similar interests, or where the following documents are not attached to it:

a document stating the details of those covered gifted unlisted shares or similar interests, details of the calculation of the inheritance tax subject to deferral and other matters specified by Order of the Ministry of Finance;

in the case where the day on which five months (or, in the case where the donor has died on or after the day following the day listed in paragraph (2), item (v), (a) or (b), whichever is earlier, three months) have elapsed from the day following the first base date for management reports for inheritance arriving on or after the day following the date of death of the donor relating to those covered gifted unlisted shares or similar interests arrives by the due date for filing the inheritance tax return relating to the death of that donor, a document stating the matters specified by Order of the Ministry of Finance as matters concerning the management of the certified inheritance succession company relating to those covered gifted unlisted shares or similar interests;

a document certifying, pursuant to the provisions of Order of the Ministry of Finance, that, at the time of the commencement of the succession to which the provisions of paragraph (1) apply, the successor donee for inheritance satisfies all of the requirements listed in paragraph (2), item (iii), (a) through (c), and the certified inheritance succession company relating to those covered gifted unlisted shares or similar interests satisfies the requirements listed in item (i), (a) through (e) of that paragraph (or, in the case where the donor relating to that successor donee for inheritance has died on or after the day following the day listed in item (v), (a) or (b) of that paragraph, whichever is earlier, excluding the one listed in item (i), (c) of that paragraph) and other requirements specified by Order of the Ministry of Finance.

The provisions of Article 70-7-2, paragraph (10) apply mutatis mutandis in the case where a successor donee for inheritance receives the application of the provisions of paragraph (1). In this case, in paragraph (10) of that Article, the phrase "of paragraph (1)" is deemed to be replaced with "of Article 70-7-4, paragraph (1)", the term "successor heir, etc." with "successor donee for inheritance", the phrase "the due date for filing the inheritance tax return relating to the succession referred to in that paragraph" with "the date of death of the donor relating to the covered inherited unlisted shares or similar interests", the phrase "that paragraph," with "the provisions of that paragraph or", the phrase "又は" (or) with "若しくは" (or, joining a smaller group of alternatives), the term "base date for management reports" with "base date for management reports for inheritance (excluding, in the case where the day on which five months (or, in the case where that donor has died on or after the day following the day listed in Article 70-7-4, paragraph (2), item (v), (a) or (b), whichever is earlier, three months) have elapsed from the day following the first base date for management reports for inheritance arriving on or after the day following the date of death of the donor relating to those covered inherited unlisted shares or similar interests arrives by the due date for filing the inheritance tax return relating to the death of that donor, that first base date for management reports for inheritance)", the term "type 1 base date" with "type 1 inheritance base date", the term "type 2 base date" with "type 2 inheritance base date", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", and the term "certified succession company" with "certified inheritance succession company".

The provisions of Article 70-7-2, paragraphs (11) and (12) apply mutatis mutandis to the written notification to be submitted under the provisions of paragraph (10) of that Article as applied mutatis mutandis pursuant to the preceding paragraph.

The provisions of Article 70-7-2, paragraph (13) apply mutatis mutandis to the acceleration of the deadline of the tax payment grace period under the provisions of paragraph (1).

The provisions of Article 70-7-2, paragraphs (14) and (15) apply mutatis mutandis with regard to the application of the provisions of the Act on General Rules for National Taxes, the National Tax Collection Act and the Inheritance Tax Act in the case where a successor donee for inheritance seeks the application of the provisions of paragraph (1) or a tax payment grace period has been granted under the provisions of that paragraph.

The provisions of Article 70-7-2, paragraphs (16) through (21) apply mutatis mutandis to the exemption from inheritance tax for which a tax payment grace period has been granted under the provisions of paragraph (1). In this case, in paragraph (16) of that Article, the phrase "to whom the provisions of paragraph (1) apply" is deemed to be replaced with "to whom the provisions of Article 70-7-4, paragraph (1) apply", the term "successor heir, etc." with "successor donee for inheritance", the phrase "and ... within the business succession period" with "and ... within the business succession period for inheritance ... as applied mutatis mutandis pursuant to paragraph (3) of that Article", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", the phrase "of the business succession period" with "of the business succession period for inheritance (or, in the case where the donor relating to the successor donee for inheritance to whom the provisions of Article 70-7-4, paragraph (1) apply has died on or after the day following the day listed in paragraph (2), item (v), (a) or (b) of that Article, whichever is earlier, the business succession period for a gift prescribed in paragraph (2), item (vi) of the preceding Article relating to that successor donee for inheritance)", the phrase "(the business succession period" with "(that business succession period for inheritance", and the term "certified succession company" with "certified inheritance succession company"; and in paragraph (17) of that Article, the phrase "to whom the provisions of paragraph (1) apply" with "to whom the provisions of Article 70-7-4, paragraph (1) apply", the term "successor heir, etc." with "successor donee for inheritance", the term "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", the term "certified succession company" with "certified inheritance succession company", and the term "business succession period" with "business succession period for inheritance (or, in the case where the donor relating to the successor donee for inheritance to whom the provisions of Article 70-7-4, paragraph (1) apply has died on or after the day following the day listed in paragraph (2), item (v), (a) or (b) of that Article, whichever is earlier, the business succession period for a gift prescribed in paragraph (2), item (vi) of the preceding Article relating to that successor donee for inheritance)".

The provisions of Article 70-7-2, paragraphs (22) through (26) apply mutatis mutandis to the calculation of and exemption from the inheritance tax subject to deferral in the case where the assessment prescribed in paragraph (22) of that Article has been made with regard to a certified inheritance succession company. In this case, in paragraph (22) through paragraph (25) of that Article, the term "business succession period" is deemed to be replaced with "business succession period for inheritance (or, in the case where the donor relating to the successor donee for inheritance to whom the provisions of Article 70-7-4, paragraph (1) apply has died on or after the day following the day listed in Article 70-7-4, paragraph (2), item (v), (a) or (b), whichever is earlier, the business succession period for a gift prescribed in paragraph (2), item (vi) of the preceding Article relating to that successor donee for inheritance)", the phrase ", paragraph (1)" with ", Article 70-7-4, paragraph (1)", the phrase "covered unlisted shares or similar interests" with "covered inherited unlisted shares or similar interests", the term "certified succession company" with "certified inheritance succession company", the term "successor heir, etc." with "successor donee for inheritance", the phrase "covered unlisted shares or similar interests (" with "covered inherited unlisted shares or similar interests (", and the phrase ", at the time of the inheritance, of the covered unlisted shares or similar interests acquired through the inheritance" with "of the covered inherited unlisted shares or similar interests"; and in paragraph (23) of that Article, the phrase "to be the value ... to which the provisions of paragraph (1) apply" with "to be the value ... to which the provisions of paragraph (1) of that Article apply", and the phrase "paragraph (2), item (v)" with "paragraph (2), item (iv) of that Article".

The provisions of Article 70-7-2, paragraph (27) apply mutatis mutandis in the case where the written notification to be submitted under the provisions of paragraph (10) of that Article as applied mutatis mutandis pursuant to paragraph (8) or the written notification to be submitted under the provisions of paragraph (16) of that Article as applied mutatis mutandis pursuant to paragraph (12) has not been submitted by the deadline prescribed in those provisions.

The provisions of Article 70-7-2, paragraphs (28) and (29) apply mutatis mutandis to the payment of interest tax as a result of the deadline of the tax payment grace period having been fixed under the provisions of paragraphs (3) through (5) of that Article as applied mutatis mutandis pursuant to paragraph (3), the provisions of paragraph (12) of that Article as applied mutatis mutandis pursuant to paragraph (9), the provisions of paragraph (13) of that Article as applied mutatis mutandis pursuant to paragraph (10), or the provisions of paragraph (15) of that Article as applied mutatis mutandis pursuant to paragraph (11).

The provisions of Article 70-7-2, paragraphs (31) and (32) apply mutatis mutandis with regard to the application of the provisions of paragraphs (3) and (5) of that Article as applied mutatis mutandis pursuant to paragraph (3) to the successor donee for inheritance to whom the provisions of paragraph (1) apply relating to the certified inheritance succession company relating to the covered inherited unlisted shares or similar interests referred to in paragraph (1), in the case where that certified inheritance succession company has come to fall under any of the cases listed in the items of paragraph (31) of that Article.

The provisions of Article 70-7-2, paragraphs (33) and (34) apply mutatis mutandis in the case where the certified inheritance succession company relating to the covered inherited unlisted shares or similar interests held by a successor donee for inheritance has come to fall under any of the cases listed in the items of paragraph (31) of that Article, if the successor donee for inheritance or that certified inheritance succession company comes to fall under any of the items of paragraph (33) of that Article within the business succession period for inheritance.

With regard to the application of the provisions of paragraph (2), item (i) in the case where an individual who is deemed, pursuant to the provisions of paragraph (1) of the preceding Article, to have acquired the covered gifted unlisted shares or similar interests to which the provisions of Article 70-7, paragraph (1) apply by inheritance or bequest from the donor referred to in paragraph (1) of the preceding Article during the period from the day on which a disaster, etc. occurred until the day on which one year has elapsed on or after that day seeks the application of the provisions of paragraph (1) (limited to the case where the company relating to those covered gifted unlisted shares or similar interests falls under any of the following cases), the phrase "requirements (or" in that item is deemed to be replaced with "requirements (excluding the one listed in (b), or", and the phrase "the one listed in (c)" with "those listed in (b) and (c)":

the case specified by Cabinet Order as the case where the assets used for the business of that company have suffered severe damage due to a disaster;

the case specified by Cabinet Order as the case where it has become difficult to secure employment at that company as a result of damage suffered due to a disaster by a business office of that company (limited to an office, store, factory or other similar facility where regular employees work) (excluding the case falling under the case listed in the preceding item);

the case specified by Cabinet Order as the case where the sales amount of that company has decreased significantly due to falling under either Article 2, paragraph (5), item (iii) or item (iv) of the Small and Medium-sized Enterprise Credit Insurance Act (excluding the case falling under the cases listed in the preceding two items).

With regard to the application of the provisions of paragraph (7) in the case where the individual referred to in the preceding paragraph seeks the application of the provisions of that paragraph, the phrase "a document stating the details of those" in item (i) of paragraph (7) is deemed to be replaced with "a document stating that the individual seeks the application of the provisions of paragraph (18), and a document stating the details of those".

The provisions of Article 70-7-2, paragraph (40) apply mutatis mutandis in the case where the Minister of Economy, Trade and Industry or the Director-General of a Bureau of Economy, Trade and Industry has come to know, as a result of having made a certification or confirmation, accepted a report or taken any other action based on the provisions of laws and regulations with regard to a fact relating to the fixing of the deadline of the tax payment grace period under the provisions of paragraphs (3) through (5) of that Article as applied mutatis mutandis pursuant to paragraph (3) with respect to the successor donee for inheritance to whom the provisions of paragraph (1) apply, the covered inherited unlisted shares or similar interests referred to in that paragraph or the certified inheritance succession company relating to those covered inherited unlisted shares or similar interests, that the fact has occurred.

The provisions of Article 70-7-2, paragraph (41) apply mutatis mutandis in the case where the district director finds it necessary for the proper and reliable handling of the affairs of the Minister of Economy, Trade and Industry or the Director-General of a Bureau of Economy, Trade and Industry (limited to affairs concerning the successor donee for inheritance to whom the provisions of paragraph (1) apply that relate to the application of the provisions of paragraph (40) of that Article as applied mutatis mutandis pursuant to the preceding paragraph).

Beyond what is provided for in paragraph (3) through the preceding paragraph, necessary matters concerning the application of paragraph (1) are specified by Cabinet Order.