①Where 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)), 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)):

②If the revenue from the transfer of listed shares, etc. in a tax-exempt account under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract or a specified tax-exempt cumulative investment contract is less than the total of the acquisition cost prescribed in Article 33, paragraph (3) of the Income Tax Act of those listed shares, etc. in a tax-exempt account and the amount of expenses required for the transfer, or the necessary expenses pertaining to the transfer, the shortfall is deemed not to exist for the purpose of applying the provisions of laws and regulations concerning income tax.

③In the cases referred to in the preceding two paragraphs, where a resident or nonresident who has a permanent establishment has transferred listed shares, etc. in a tax-exempt account (where the person has two or more tax-exempt accounts, the listed shares, etc. in a tax-exempt account pertaining to each of those tax-exempt accounts; the same applies hereinafter in this paragraph) under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract or a specified tax-exempt cumulative investment contract, the amount of business income, the amount of capital gains or the amount of miscellaneous income from the transfer of those listed shares, etc. in a tax-exempt account and the amount of business income, the amount of capital gains or the amount of miscellaneous income from the transfer of listed shares, etc. (meaning listed shares, etc. prescribed in Article 37-11, paragraph (2)) other than those listed shares, etc. in a tax-exempt account are to be calculated separately, pursuant to the provisions of Cabinet Order.

④Where 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) 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 paragraph 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 (35) and the provisions of other laws and regulations concerning income tax apply:

⑤In this Article, the meanings of the terms listed in the following items are as prescribed respectively in those items:

⑥The head of the business office of the financial instruments business operator, etc. referred to in item (i) of the preceding paragraph who has received the submission of a written notification of opening of a tax-exempt account must, promptly after receiving that submission, provide the matters stated in that written notification of opening of a tax-exempt account and other matters specified by Order of the Ministry of Finance (in the case of a written notification of opening of a tax-exempt account submitted by a person specified by Cabinet Order as a person who has already given notice of the individual number (referred to as a "person who has already notified the individual number" in paragraph (8)), those matters and the individual number of that person; hereinafter referred to in this paragraph and the following paragraph as "notification particulars") to the competent district director for the location of the business office of that financial instruments business operator, etc. (referred to as the "competent district director" in the following paragraph) by the method using a specified electronic data processing system (meaning the method specified by Order of the Ministry of Finance as a method using an electronic data processing system prescribed in Article 6, paragraph (1) of the Act on the Advancement of Government Administration Processes That Utilize Information and Communications Technology, which is used upon notifying the district director in advance pursuant to the provisions of Order of the Ministry of Finance; the same applies hereinafter in this Article and the following Article). In this case, the head of the business office of that financial instruments business operator, etc. must keep books for those written notifications of opening of a tax-exempt account and state or record the notification particulars therein for each person who has submitted a written notification of opening of a tax-exempt account.

⑦The competent district director who has received the provision of the notification particulars referred to in the preceding paragraph is to confirm whether or not notification particulars had been provided under the provisions of the preceding paragraph to that competent district director or another district director before the time of receiving the provision of those notification particulars with regard to the resident or nonresident who has a permanent establishment who submitted the written notification of opening of a tax-exempt account pertaining to those notification particulars (hereinafter referred to in this paragraph as the "submitter"), and the competent district director who has made that confirmation must provide the matters specified in the following items according to the categories of cases listed in those items to the head of the business office of the financial instruments business operator, etc. that received the submission of the written notification of opening of a tax-exempt account pertaining to those notification particulars, by the method using an electronic data processing system (meaning an electronic data processing system connecting a computer used by the National Tax Agency and a computer used by the head of the business office of that financial instruments business operator, etc. via a telecommunications line). In this case, the head of the business office of that financial instruments business operator, etc. who has received the provision of the matters specified in item (ii) must notify the submitter that the written notification falls under what is specified in that item, and of the reason therefor:

⑧A resident or nonresident who has a permanent establishment who seeks to submit a written notification of opening of a tax-exempt account must, pursuant to the provisions of Cabinet Order, upon that submission, notify the head of the business office of the financial instruments business operator, etc. referred to in paragraph (5), item (i) of the person's name, date of birth, address (for a person who does not have an address in Japan, the place specified by Order of the Ministry of Finance; the same applies hereinafter in this paragraph, the following paragraph and paragraph (35)) and individual number (for a person who has already notified the individual number, the name, date of birth and address; the same applies in the following paragraph), by presenting a copy of the person's certificate of residence or any other document specified by Cabinet Order or by transmitting a digital certificate for signature, etc. prescribed in Article 37-11-3, paragraph (4), and must have the notified matters confirmed.

⑨The head of the business office of a financial instruments business operator, etc. may not accept a written notification of opening of a tax-exempt account in which a name, date of birth, address and individual number different from those notified as referred to in the preceding paragraph are stated, or a written notification of opening of a tax-exempt account submitted again by a resident or nonresident who has a permanent establishment who has already opened a tax-exempt account with that financial instruments business operator, etc.

⑩Where a resident or nonresident who has a permanent establishment who has opened or had opened a tax-exempt account submits a written notification of opening of a tax-exempt account to the head of the business office of a financial instruments business operator, etc. other than the financial instruments business operator, etc. at which that tax-exempt account has been opened, the person must attach a written notice of account closure, a written notice of closure of a tax-exempt account or any other document specified by Order of the Ministry of Finance to the written notification of opening of a tax-exempt account, state the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account in it, or provide the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account by electronic or magnetic means together with the submission of the written notification of opening of a tax-exempt account.

⑪A resident or nonresident who has a permanent establishment who has opened or had opened a tax-exempt account may not submit to the head of the business office of a financial instruments business operator, etc. other than the financial instruments business operator, etc. at which that tax-exempt account has been opened a written notification of opening of a tax-exempt account (excluding one to which a written notice of account closure, a written notice of closure of a tax-exempt account or any other document specified by Order of the Ministry of Finance is attached, one in which the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account are stated, and one for which the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account are provided by electronic or magnetic means together with the submission of that written notification of opening of a tax-exempt account (referred to as a "specified written notification for opening a tax-exempt account" in item (ii) of the following paragraph)).

⑫Where a written notification of opening of a tax-exempt account falls under any of the following written notifications, the account for entries or records in the transfer account book or custody of listed shares, etc. opened through the submission of that written notification of opening of a tax-exempt account is deemed not to fall under a tax-exempt account from the time of the opening of that account, and the provisions of paragraph (5), item (i) and the provisions of other laws and regulations concerning income tax apply:

⑬Where a resident or nonresident who has a permanent establishment who has opened a tax-exempt account at the business office of a financial instruments business operator, etc. seeks to establish a tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account that is to be established in that tax-exempt account (hereinafter referred to in this paragraph and the following paragraph as the "tax-exempt account before the change") in a tax-exempt account other than that tax-exempt account before the change (hereinafter referred to in this paragraph as an "other tax-exempt account"), the person must submit (including providing, by electronic or magnetic means, the matters to be stated in the written notification of change of financial instruments business operator, etc. in lieu of submitting that written notification of change of financial instruments business operator, etc.; the same applies hereinafter up to that paragraph) to the head of the business office of that financial instruments business operator, etc., during the period from October 1 of the year preceding the year that includes the day on which that tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account is to be established in that tax-exempt account before the change until the day on which one year has elapsed from that day, a written notification stating that the person seeks to establish a tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account in an other tax-exempt account and other matters specified by Order of the Ministry of Finance (hereinafter referred to up to paragraph (15) as a "written notification of change of financial instruments business operator, etc."). In this case, if listed shares, etc. have already been accepted into that tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account on or before the day on which that written notification of change of financial instruments business operator, etc. is submitted, the head of the business office of that financial instruments business operator, etc. may not accept that written notification of change of financial instruments business operator, etc.

⑭Where a written notification of change of financial instruments business operator, etc. has been submitted pursuant to the provisions of the preceding paragraph, the following provisions apply:

⑮The head of the business office of a financial instruments business operator, etc. that has received the submission of a written notification of change of financial instruments business operator, etc. must, promptly after receiving that submission, provide the name of the person who submitted that written notification of change of financial instruments business operator, etc., a statement that the written notification of change of financial instruments business operator, etc. has been received, the date on which the tax-exempt management account, cumulative investment account or specified cumulative investment account was closed, and other matters specified by Order of the Ministry of Finance (hereinafter referred to in this paragraph and paragraph (21) as "change notification information") to the competent district director for the location of the business office of that financial instruments business operator, etc. by the method using a specified electronic data processing system, and the head of the business office of the financial instruments business operator, etc. that has provided that change notification information must deliver a written notice of account closure, or provide the matters stated in the written notice of account closure by electronic or magnetic means, to the resident or nonresident who has a permanent establishment who submitted that written notification of change of financial instruments business operator, etc.

⑯Where a resident or nonresident who has a permanent establishment who has opened a tax-exempt account seeks to cease receiving the application of the provisions of Article 9-8 and paragraphs (1) through (4) with regard to that tax-exempt account, the person must submit (including providing, by electronic or magnetic means, the matters to be stated in the written notification of closure of a tax-exempt account in lieu of submitting that written notification of closure of a tax-exempt account; the same applies in the following paragraph and paragraph (18)) to the head of the business office of the financial instruments business operator, etc. at which that tax-exempt account has been opened a written notification stating that the person will close that tax-exempt account and other matters specified by Order of the Ministry of Finance (hereinafter referred to in this Article as a "written notification of closure of a tax-exempt account").

⑰Where a written notification of closure of a tax-exempt account has been submitted, the tax-exempt account pertaining to that written notification of closure of a tax-exempt account is to be closed at the time of that submission, and the provisions of Article 9-8 and paragraphs (1) through (3) do not apply to dividends and similar income prescribed in that Article to be received after the time of that submission with regard to listed shares, etc. that had been accepted into that tax-exempt account, or to income from the transfer of those listed shares, etc. made after the time of that submission.

⑱The head of the business office of a financial instruments business operator, etc. that has received the submission of a written notification of closure of a tax-exempt account must, promptly after receiving that submission, provide the name of the person who submitted that written notification of closure of a tax-exempt account, a statement that the written notification of closure of a tax-exempt account has been received, the date on which the tax-exempt account was closed, and other matters specified by Order of the Ministry of Finance (hereinafter referred to in this paragraph and paragraph (21) as "closure notification particulars") to the competent district director for the location of the business office of that financial instruments business operator, etc. by the method using a specified electronic data processing system, and the head of the business office of the financial instruments business operator, etc. that has provided those closure notification particulars must, only in the cases specified in the following items according to the categories of cases listed in those items, deliver a written notice of closure of a tax-exempt account, or provide the particulars of the written notice of closure of a tax-exempt account by electronic or magnetic means, to the resident or nonresident who has a permanent establishment who submitted that written notification of closure of a tax-exempt account:

⑲Where a resident or nonresident who has a permanent establishment who has opened a tax-exempt account at the business office of a financial instruments business operator, etc. seeks to establish a tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account in that tax-exempt account by submitting a written notice of account closure, a written notice of closure of a tax-exempt account or any other document specified by Order of the Ministry of Finance, or by providing the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account by electronic or magnetic means, the person must submit those documents, or provide the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account by electronic or magnetic means, to the head of the business office of that financial instruments business operator, etc. during the period from October 1 of the year preceding the year pertaining to the tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account to be established until the day on which one year has elapsed from that day. In this case, where listed shares, etc. have already been accepted into the tax-exempt management account, cumulative investment account, specified cumulative investment account or specified tax-exempt management account for the year that includes the day on which the tax-exempt account was closed, in the tax-exempt account that gave rise to the delivery of that written notice of closure of a tax-exempt account or the provision of the particulars of the written notice of closure of a tax-exempt account by electronic or magnetic means, the head of the business office of that financial instruments business operator, etc. may not, during the period from the day of that closure to September 30 of the year that includes that day, accept that written notice of closure of a tax-exempt account or any other document specified by Order of the Ministry of Finance, or an electronic or magnetic record (meaning a record made in an electronic form, a magnetic form or any other form not recognizable to human perception, which is used in information processing by computers) recording the particulars of the written notice of closure of a tax-exempt account provided by electronic or magnetic means.

⑳The head of the business office of a financial instruments business operator, etc. that has received the submission or provision of a written notice of account closure, a written notice of closure of a tax-exempt account or any other document specified by Order of the Ministry of Finance referred to in paragraph (10) or the preceding paragraph (including those documents submitted attached to a written notification of opening of a tax-exempt account, the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account in the case where a written notification of opening of a tax-exempt account in which those matters or particulars are stated has been submitted, and the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account provided by electronic or magnetic means; hereinafter referred to in this paragraph and the following paragraph as a "closure notice") must, promptly after receiving that submission or provision, provide the name of the resident or nonresident who has a permanent establishment who made that submission or provision, a statement that the closure notice has been submitted or provided, the date on which the tax-exempt management account, cumulative investment account or specified cumulative investment account pertaining to that closure notice was closed or the date on which the tax-exempt account was closed (collectively referred to as the "date of closure" in the following paragraph), and other matters specified by Order of the Ministry of Finance (hereinafter referred to in this paragraph and the following paragraph as the "matters submitted") to the competent district director for the location of the business office of that financial instruments business operator, etc. (referred to as the "competent district director" in the following paragraph) by the method using a specified electronic data processing system. In this case, the head of the business office of that financial instruments business operator, etc. must keep books for those closure notices and state or record the matters submitted therein for each person who made the submission or provision of a closure notice.

（二十一）The competent district director who has received the provision of those matters submitted is to confirm whether or not change notification information or closure notification particulars (limited to those whose date of closure is the same as that of those matters submitted) under the provisions of paragraph (15) or paragraph (18) pertaining to the resident or nonresident who has a permanent establishment who made the submission or provision of that closure notice (hereinafter referred to in this paragraph as the "submitter") have been provided, and the competent district director who has made that confirmation must provide the matters specified in the following items according to the categories of cases listed in those items to the head of the business office of the financial instruments business operator, etc. that provided those matters submitted, by the method using an electronic data processing system (meaning an electronic data processing system connecting a computer used by the National Tax Agency and a computer used by the head of the business office of that financial instruments business operator, etc. via a telecommunications line):

（二十二）Where, with regard to the matters submitted prescribed in paragraph (20) pertaining to the written notice of account closure, written notice of closure of a tax-exempt account or any other document specified by Order of the Ministry of Finance referred to in paragraph (19) (including the matters stated in the written notice of account closure or the particulars of the written notice of closure of a tax-exempt account provided by electronic or magnetic means; hereinafter referred to in this paragraph as a "written notice of account closure, etc."), the matters specified in item (ii) of the preceding paragraph have been provided by the competent district director referred to in that paragraph pursuant to the provisions of that paragraph, the account established in the tax-exempt account through the submission or provision of that written notice of account closure, etc. for keeping records of entries or records in the transfer account book or custody of listed shares, etc. entered or recorded in the transfer account book pertaining to that account or placed in custody, separately from records of other transactions, is deemed not to fall under a specified cumulative investment account and a specified tax-exempt management account from the time of the establishment of that account, and to have been established in an account for entries or records in the transfer account book or custody of listed shares, etc. that does not fall under a tax-exempt account, and the provisions of paragraph (5), item (i) and items (vi) through (viii) and the provisions of other laws and regulations concerning income tax apply.

（二十三）Where a resident or nonresident who has a permanent establishment who has opened a tax-exempt account ceases to fall under a resident or nonresident who has a permanent establishment due to absence from Japan (meaning, for a resident, ceasing to have an address or residence in Japan, and, for a nonresident who has a permanent establishment, ceasing to have a permanent establishment; the same applies hereinafter in this paragraph, paragraph (27) and paragraph (26) of the following Article), the person must, by the day before the day of that absence from Japan, submit (including providing, by electronic or magnetic means, the matters to be stated in the written notification in lieu of submitting that written notification) to the head of the business office of the financial instruments business operator, etc. at which that tax-exempt account has been opened the written notification specified in the following items according to the categories of cases listed in those items:

（二十四）Where a resident or nonresident who has a permanent establishment who has opened a tax-exempt account has submitted a notification of continued application pursuant to the provisions of the preceding paragraph, the person is deemed to continue to fall under a resident or nonresident who has a permanent establishment, and the provisions of this Article (excluding paragraphs (6) through (15), paragraph (19) through the preceding paragraph, paragraph (32) and paragraph (33)) and Article 9-8 apply.

（二十五）Where a person who has submitted a notification of continued application under paragraph (23) seeks, after the person's return to Japan, to again have listed shares, etc. accepted into the tax-exempt account referred to in item (i) of that paragraph under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract, or a specified tax-exempt cumulative investment contract, the person must, no later than December 31 of the year that includes the day on which five years have elapsed, counting from the day on which the person submitted the notification of continued application, submit a notification of return to Japan (meaning a written notification stating that the person has returned to Japan, the date of the return to Japan, that the person seeks to have listed shares, etc. accepted into the tax-exempt account under a contract for managing tax-exempt listed shares, etc., a tax-exempt cumulative investment contract, or a specified tax-exempt cumulative investment contract, and other matters specified by Order of the Ministry of Finance; the same applies hereinafter through paragraph (27)) to the head of the business office of the financial instruments business operator, etc. to which the person submitted the notification of continued application (such submission includes the provision, by electronic or magnetic means in lieu of the submission of the notification of return to Japan, of the matters to be stated in the notification of return to Japan; the same applies in the following paragraph).

（二十六）The provisions of paragraphs (8) and (9) apply mutatis mutandis to a resident or a nonresident who has a permanent establishment who submits a notification of return to Japan and to the head of the business office of the financial instruments business operator, etc. that has received the notification of return to Japan. In this case, the phrase "a written notification of opening of a tax-exempt account and a written notification of opening of a tax-exempt account submitted again by a resident or a nonresident who has a permanent establishment who has already opened a tax-exempt account with the financial instruments business operator, etc." in paragraph (9) is deemed to be replaced with "a notification of return to Japan".

（二十七）Where a resident or a nonresident who has a permanent establishment who has opened a tax-exempt account ceases to fall under the category of a resident or a nonresident who has a permanent establishment due to absence from Japan, the person is deemed to have made, at the time of the absence from Japan, the submission prescribed in paragraph (16) of a written notification of closure of a tax-exempt account to the head of the business office of the financial instruments business operator, etc. at which the tax-exempt account is opened, and where a person who has submitted a notification of continued application under paragraph (23) has not submitted a notification of return to Japan under paragraph (25) by December 31 of the year that includes the day on which five years have elapsed, counting from the day on which the person submitted the notification of continued application, the person is deemed to have made, on that December 31, the submission prescribed in paragraph (16) of a written notification of closure of a tax-exempt account to the head of the business office of the financial instruments business operator, etc. to which the person submitted the notification of continued application, and the provisions of paragraphs (17) and (18) apply accordingly.

（二十八）Where, on December 31 of each year from 2025 onward (hereinafter referred to as the "base date" in this paragraph), there are listed shares, etc. accepted into a specified cumulative investment account or specified tax-exempt management account established in a tax-exempt account that had been opened at a business office of a financial instruments business operator, etc., the head of that business office of the financial instruments business operator, etc. must provide the name and date of birth of the resident or the nonresident who has a permanent establishment who has opened the tax-exempt account, the amount specified by Cabinet Order as the amount equivalent to the purchase price of the listed shares, etc., and other matters specified by Order of the Ministry of Finance (hereinafter referred to as "base amount information to be provided" in this paragraph and the following paragraph) to the competent district director with jurisdiction over the location of the business office of the financial instruments business operator, etc., no later than January 31 of the year following the year that includes the base date (referred to as the "reference year" in that paragraph and paragraph (30)), by the method specified by Order of the Ministry of Finance as a method using the electronic data processing system prescribed in Article 6, paragraph (1) of the Act on the Advancement of Government Administration Processes That Utilize Information and Communications Technology, which is carried out after notifying the district director in advance pursuant to the provisions of Order of the Ministry of Finance. In this case, the head of the business office of the financial instruments business operator, etc. must keep books regarding the base amount information to be provided, and must enter or record the base amount information to be provided for each such resident or nonresident who has a permanent establishment.

（二十九）Where the competent district director with jurisdiction over the location of the business office of the financial instruments business operator, etc. at which has been opened the tax-exempt account of the resident or the nonresident who has a permanent establishment to whom the base amount information to be provided referred to in the preceding paragraph pertains, being an account in which a specified cumulative investment account for the year following the reference year to which the base amount information to be provided pertains is established, differs from the competent district director referred to in that paragraph, the competent district director referred to in that paragraph who has received the base amount information to be provided is to notify the competent district director for that location of the base amount information to be provided.

（三十）The competent district director with jurisdiction over the location of the business office of the financial instruments business operator, etc. at which has been opened a tax-exempt account of a resident or a nonresident who has a permanent establishment in which a specified cumulative investment account for the year following the reference year is established must provide the base amount for the specified cumulative investment account and the base amount for the specified tax-exempt management account pertaining to the specified cumulative investment account and the specified tax-exempt management account established at the same time as the specified cumulative investment account, and other matters specified by Order of the Ministry of Finance, to the head of the business office of the financial instruments business operator, etc., by a method using an electronic data processing system (meaning an electronic data processing system connecting, through a telecommunications line, a computer used by the National Tax Agency and a computer used by the head of the business office of the financial instruments business operator, etc.). In this case, the head of the business office of the financial instruments business operator, etc. that has received those matters must notify the resident or the nonresident who has a permanent establishment of the base amount for the specified cumulative investment account and the base amount for the specified tax-exempt management account.

（三十一）Where the head of the business office of a financial instruments business operator, etc. has obtained, pursuant to the provisions of Cabinet Order, the approval of the competent district director prescribed in paragraph (6), (15), (18), (20), or (28) or any other provision specified by Cabinet Order (hereinafter referred to as the "competent district director" in this paragraph), the head of the business office of the financial instruments business operator, etc. may, notwithstanding those provisions, provide the matters required to be provided under those provisions (hereinafter referred to as the "matters to be provided" in this paragraph) to the district director specified by Order of the Ministry of Finance, by a method using a specified electronic data processing system or by the method referred to in paragraph (28). In this case, the provisions of Article 9-8 and this Article apply by deeming that the head of the business office of the financial instruments business operator, etc. has provided the matters to be provided to the competent district director.

（三十二）Where a resident or a nonresident who has a permanent establishment has a minor's account opened at a business office of a financial instruments business operator, etc. on January 1 of any year from 2017 through 2023 (limited to a year in which the resident or the nonresident who has a permanent establishment is 18 years of age on January 1 of that year), the provisions of Article 9-8 and this Article apply by deeming that the resident or the nonresident who has a permanent establishment submitted a written notification of opening of a tax-exempt account to the head of the business office of the financial instruments business operator, etc. on that date, that the resident or the nonresident who has a permanent establishment concluded a contract for managing tax-exempt listed shares, etc. with the financial instruments business operator, etc. on that date, and that the head of the business office of the financial instruments business operator, etc. provided the notification particulars prescribed in paragraph (6) to the competent district director prescribed in that paragraph on that date.

（三十三）Where a resident or a nonresident who has a permanent establishment has a minor's account opened at a business office of a financial instruments business operator, etc. on January 1 of any year from 2024 onward (limited to a year in which the resident or the nonresident who has a permanent establishment is 18 years of age on January 1 of that year), the provisions of Article 9-8 and this Article apply by deeming that the resident or the nonresident who has a permanent establishment submitted a written notification of opening of a tax-exempt account to the head of the business office of the financial instruments business operator, etc. on that date, that the resident or the nonresident who has a permanent establishment concluded a specified tax-exempt cumulative investment contract with the financial instruments business operator, etc. on that date, and that the head of the business office of the financial instruments business operator, etc. provided the notification particulars prescribed in paragraph (6) to the competent district director prescribed in that paragraph on that date.

（三十四）In addition to what is provided for in paragraph (8) through the preceding paragraph, matters concerning books to be kept by a financial instruments business operator, etc. with regard to tax-exempt accounts, matters concerning the notification in the case where an individual who has submitted a written notification of opening of a tax-exempt account has changed or is to change any matter stated in the written notification of opening of a tax-exempt account after its submission, and other necessary matters concerning the application of the provisions of paragraphs (1) through (7) are specified by Cabinet Order.

（三十五）Where, in a year, there was a tax-exempt account opened at a business office of a financial instruments business operator, etc. in which a tax-exempt management account, cumulative investment account, or specified cumulative investment account had been established, the financial instruments business operator, etc. must, pursuant to the provisions of Order of the Ministry of Finance, prepare a report stating the name and address of the resident or the nonresident who has a permanent establishment who opened the tax-exempt account, the amount of consideration for the transfer of listed shares, etc. processed in the tax-exempt account during that year, the amount of dividends and similar income on listed shares, etc. in a tax-exempt account pertaining to the tax-exempt account, and other matters specified by Order of the Ministry of Finance, and must submit it, no later than January 31 of the year following that year, to the competent district director with jurisdiction over the location of the business office of the financial instruments business operator, etc. at which the tax-exempt account is opened.

（三十六）Special provisions of Articles 224, 224-3, and 225 of the Income Tax Act concerning the transfer of listed shares, etc. processed in a tax-exempt account or dividends and similar income on listed shares, etc. in a tax-exempt account, and other necessary matters concerning the application of the provisions of the preceding paragraph are specified by Cabinet Order.

（三十七）When it is necessary for an investigation concerning the submission of the report referred to in paragraph (35), the relevant officials of the National Tax Agency, a Regional Taxation Bureau, or a tax office may ask questions of a person obligated to submit the report, inspect the person's tax-exempt account and the books and documents or other articles concerning the handling of listed shares, etc. in the tax-exempt account, or request the presentation or submission of those articles (including copies thereof).

（三十八）When it is necessary for an investigation concerning the submission of the report referred to in paragraph (35), the relevant officials of the National Tax Agency, a Regional Taxation Bureau, or a tax office may retain articles submitted in the investigation.

（三十九）When asking questions, conducting an inspection, or requesting presentation or submission under paragraph (37), the relevant officials of the National Tax Agency, a Regional Taxation Bureau, or a tax office must carry a certificate showing their identification and must present it if requested by a person concerned.

（四十）The authority of the relevant officials under paragraphs (37) and (38) must not be construed as being granted for the purpose of criminal investigation.

（四十一）In addition to what is provided for in the preceding paragraph, necessary matters concerning the application of the provisions of paragraph (38) are specified by Cabinet Order.