Article 41-4-3Special Provisions on Aggregation of Profits and Losses, etc. Pertaining to Real Estate Income from Foreign Used Buildings
第四十一条の四の三（国外中古建物の不動産所得に係る損益通算等の特例）
Where an individual has real estate income arising from a foreign used building in any year from 2021 onward, if there is an amount of loss from foreign real property income in the calculation of the amount of real estate income for that year, the amount equivalent to that amount of loss from foreign real property income is deemed not to have arisen with regard to the application of the provisions of Article 26, paragraph (2) and Article 69, paragraph (1) of the Income Tax Act and other provisions of laws and regulations concerning income tax.
個人が、令和三年以後の各年において、国外中古建物から生ずる不動産所得を有する場合においてその年分の不動産所得の金額の計算上国外不動産所得の損失の金額があるときは、当該国外不動産所得の損失の金額に相当する金額は、所得税法第二十六条第二項及び第六十九条第一項の規定その他の所得税に関する法令の規定の適用については、生じなかつたものとみなす。
In this Article, the meanings of the terms listed in the following items are as prescribed respectively in those items:
この条において、次の各号に掲げる用語の意義は、当該各号に定めるところによる。
foreign used building: A building located outside Japan that has been used by an individual or used for business by a corporation (including an association or foundation without juridical personality prescribed in Article 2, paragraph (1), item (viii) of the Income Tax Act), and that an individual has acquired and used for the business of that individual that generates real estate income (limited to a building for which, in calculating the amount to be included in necessary expenses as the depreciation allowance of the building under the provisions of Article 37 of that Act in the calculation of the amount of real estate income, the useful life determined under the provisions of that Act is calculated in the manner specified by Order of the Ministry of Finance);
国外中古建物 個人において使用され、又は法人（所得税法第二条第一項第八号に規定する人格のない社団等を含む。）において事業の用に供された国外にある建物であつて、個人が取得をしてこれを当該個人の不動産所得を生ずべき業務の用に供したもの（当該不動産所得の金額の計算上当該建物の償却費として同法第三十七条の規定により必要経費に算入する金額を計算する際に同法の規定により定められている耐用年数を財務省令で定めるところにより算定しているものに限る。）をいう。
amount of loss from foreign real property income: Of the amount of losses arising from the lending of a foreign used building (including having another person (including, where the individual is a nonresident, an office, etc. prescribed in Article 161, paragraph (1), item (i) of the Income Tax Act; the same applies hereinafter in this item) use a foreign used building) in the calculation of the amount of real estate income of an individual (or, where there is an amount of real estate income from the lending of real property, rights existing on real property, vessels or aircraft located outside Japan other than the foreign used building (hereinafter referred to in this item as "foreign real property, etc.") (including having another person use foreign real property, etc.), the amount of that loss that cannot be fully deducted even after being deducted in the calculation of the amount of real estate income from the lending of the foreign real property, etc.), the amount calculated pursuant to the provisions of Cabinet Order as the portion corresponding to the amount of the depreciation allowance of the foreign used building.
国外不動産所得の損失の金額 個人の不動産所得の金額の計算上国外中古建物の貸付け（他人（当該個人が非居住者である場合の所得税法第百六十一条第一項第一号に規定する事業場等を含む。以下この号において同じ。）に国外中古建物を使用させることを含む。）による損失の金額（当該国外中古建物以外の国外にある不動産、不動産の上に存する権利、船舶又は航空機（以下この号において「国外不動産等」という。）の貸付け（他人に国外不動産等を使用させることを含む。）による不動産所得の金額がある場合には、当該損失の金額を当該国外不動産等の貸付けによる不動産所得の金額の計算上控除してもなお控除しきれない金額）のうち当該国外中古建物の償却費の額に相当する部分の金額として政令で定めるところにより計算した金額をいう。
Where a foreign used building to which the provisions of paragraph (1) have been applied is transferred, with regard to the application of the provisions of Article 38 of the Income Tax Act in calculating the acquisition cost of the asset to be deducted in the calculation of the amount of capital gains from the transfer, the phrase "cumulative amount" in paragraph (2), item (i) of that Article is deemed to be replaced with "the amount obtained by deducting, from the cumulative amount, the total of the amounts equivalent to the amounts of losses deemed not to have arisen with respect to the asset pursuant to the provisions of Article 41-4-3, paragraph (1) of the Act on Special Measures Concerning Taxation (Special Provisions on Aggregation of Profits and Losses, etc. Pertaining to Real Estate Income from Foreign Used Buildings)".
第一項の規定の適用を受けた国外中古建物を譲渡した場合において、当該譲渡による譲渡所得の金額の計算上控除する資産の取得費を計算するときにおける所得税法第三十八条の規定の適用については、同条第二項第一号中「累積額」とあるのは、「累積額からその資産につき租税特別措置法第四十一条の四の三第一項（国外中古建物の不動産所得に係る損益通算等の特例）の規定により生じなかつたものとみなされた損失の金額に相当する金額の合計額を控除した金額」とする。
Beyond what is prescribed in the preceding two paragraphs, Cabinet Order provides for the necessary particulars concerning the application of the provisions of paragraph (1).