interest on current deposits (other than interest specified by Cabinet Order);

interest on Deposits and Savings (other than as provided in the preceding item) as provided by Cabinet Order which have been deposited by a child or student at an elementary school, junior high school, compulsory education school, high school, or school for secondary education as prescribed in Article 1 (Scope of Schools) of the School Education Act, or in the elementary, junior high, or high school section of a school for special needs education as prescribed in Article 76 (Sections of Schools for Special Needs Education) of that Act, as instructed by the school principal; and distributions of proceeds from a Jointly Managed Trust as provided by Cabinet Order into which such a child or student has placed assets as instructed by the school principal;

public retirement packages, pensions, and equivalent benefits as follows:

a supplementary retirement package as prescribed in the Public Officers Pension Act (Act No. 48 of 1923) (which includes any ordinary retirement package paid together with a supplementary retirement package) or an invalidity grant or any other equivalent benefit as prescribed by Cabinet Order that the taxpayer receives for an injury incurred or illness contracted in the course of public duty or on the job;

a public retirement package or pension that the bereaved family receives (but only one paid based on the employment of the deceased);

benefits that a person receives based on a mutual aid system provided for by Cabinet Order which a local government implements for persons with mental or physical disabilities pursuant to the provisions of Prefectural Ordinance.

money and valuables that are found to be necessary for travel under ordinary circumstances, which are provided so as to cover the travel expenses that are necessary if a person with salary income travels to a location away from the workplace in order to perform the duties thereof; if such a person changes residences due to a transfer of workplace; or if a person hired or separated from employment, or the surviving family of a person separated from employment at death, changes residences due to that employment event;

that which Cabinet Order prescribes, in respect of any commutation allowance (or anything similar thereto) that a person with salary income who commutes to work (hereinafter referred to as a "commuter" in this item) receives, in addition to ordinary pay, to cover the expenses that the commuter pays to use the transportation facilities or transportation equipment necessary for the commute (including expenses paid to use facilities for parking automobiles or other transportation equipment), as the part of such a commutation allowance that the average commuter is found to need under ordinary circumstances;

anything other than money that a person with salary income receives from the employer (including any economic benefit) which Cabinet Order prescribes as being indispensable due to the nature of the person's duties;

any service allowance (or any similar special allowance) provided for by Cabinet Order which a Resident working outside Japan is to receive for work in addition to ordinary pay when working in Japan;

salary, compensation, wages, annual allowances, bonuses, and any other pay of a similar nature that a person as prescribed by Cabinet Order who works for a foreign government, for the local government of a foreign state, or for an international organization as prescribed by Cabinet Order, and who satisfies the requirements prescribed by Cabinet Order receives for work (pay received by a person working for a foreign government or for the local government of a foreign state is only nontaxable if the foreign state refrains from imposing any taxes equivalent to income taxes on the pay received by a Japanese national or local public officer who works in that state and satisfies requirements equivalent to the aforementioned requirements prescribed by Cabinet Order);

income arising from a transfer of ownership in furniture, household appliances, clothes, and other assets prescribed by Cabinet Order that the person in question or the spouse or other relatives thereof use in day-to-day life;

income arising from a transfer of assets based on compulsory realization proceedings as prescribed in Article 2, item (x) (Definitions) of the Act on General Rules for National Taxes and other income specified by Cabinet Order as being similar thereto (other than income falling under the provisions of Article 33, paragraph (2), item (i) (Capital Gains)), if the taxpayer is facing extreme difficulty in performing on obligations due to a loss of financial resources;

any part of a distribution of proceeds from an Open-Ended Securities Investment Trust which Cabinet Order prescribes as corresponding to a return of trust-property principal;

benefits that a person receives pursuant to the provisions of Article 4, paragraph (1) (Daily Expenses of the Inner Court) and Article 6, paragraph (1) (Expenses of the Imperial Family) of the Imperial Household Finance Act (Act No. 4 of 1947);

the following types of pension, money, and valuables:

a pension as under Article 3, paragraph (1) (Pension) of the Cultural Merit Pension Act (Act No. 125 of 1951);

money and valuables which are issued by the Japan Academy as an Imperial Prize or Japan Academy Award;

money and valuables which are issued by the Japan Art Academy as an Imperial Prize or Japan Art Academy Award;

money and valuables designated by the Minister of Finance, which are granted as an award for significant academic or artistic contributions or as an incentive to encourage academic research of significant value (other than pay or anything else in the nature of consideration), and which are issued by the national or local government or by a body or fund designated by the Minister of Finance;

money and valuables issued by the Nobel Foundation as a Nobel Prize;

anything issued by a foreign state, international organization, or international body, or by a foreign body or fund designated by the Minister of Finance, which is similar to a pension, money, or valuables set forth in (a) through (e) (other than pay or anything else in the nature of consideration), and which is as designated by the Minister of Finance.

money and valuables designated by the Minister of Finance from among money and valuables that are granted, as awards to persons who have achieved particularly outstanding results at the Olympic Games or the Paralympic Games, by the Japanese Olympic Committee, an incorporated foundation (meaning the corporation established on August 7, 1989 under the name Japanese Olympic Committee, an incorporated foundation), the Japan Sports Association for the Disabled, an incorporated foundation (meaning the corporation established on May 24, 1965 under the name Japan Sports Association for the Physically Disabled, an incorporated foundation), or any other organization affiliated with these corporations that Cabinet Order specifies;

money and valuables with which a person is provided to cover school expenses (other than pay or anything else in the nature of consideration (but, as regards what a person with salary income receives from the person's employer, not including anything that is received in addition to ordinary pay and that does not fall under any of the following cases)), and money and valuables with which persons with a duty to support one another provide one another in order to fulfill their duty of support;

if an employer that is a corporation provides it to cover the school expenses of an officer of that corporation (meaning an officer as prescribed in Article 2, item (xv) (Definitions) of the Corporation Tax Act; the same applies in (b));

if an employer that is a corporation provides it to cover the school expenses of the spouse of an employee of that corporation (including an officer of that corporation) or of any other person who has a special relationship with the employee as specified by Cabinet Order;

if an employer that is an individual provides it to cover the school expenses of the individual's spouse or other relative who is engaged in the business that the individual operates (other than a person whose living expenses are paid from the same resources as the individual);

if an employer that is an individual provides it to cover the school expenses of the spouse of an employee of the individual (including the individual's spouse or other relative who is engaged in the business that the individual operates) or of any other person who has a special relationship with the employee as specified by Cabinet Order (other than a person falling under the category of the individual's spouse or other relative whose living expenses are paid from the same resources as the individual).

money and valuables provided, under a program in which the national government or a local government subsidizes childcare or other child-rearing or under any other similar program specified by Ministry of Finance Order, to cover the costs of using a service that provides childcare or other assistance necessary for daily life at the residence of the user of the service or at any other place specified by Ministry of Finance Order, or of using a facility as prescribed in Article 59-2, paragraph (1) (Notification of Unauthorized Childcare Facilities) of the Child Welfare Act or any other facility specified by Ministry of Finance Order (other than money and valuables provided to cover school expenses as prescribed in the preceding item);

income acquired by way of hereditary succession, legacy, or inter vivos gift (this includes income deemed to have been acquired by way of hereditary succession, legacy, or inter vivos gift pursuant to the provisions of the Inheritance Tax Act (Act No. 73 of 1950), but excludes income falling under the category of property received as a benefit from a public interest trust as prescribed in Article 21-3, paragraph (1), item (i) (Property Exempt from Gift Tax) of that Act);

insurance benefits and compensation for damages (or anything similar thereto) paid based on an insurance contract concluded by a non-life insurance company as prescribed in Article 2, paragraph (4) (Definitions) of the Insurance Business Act (Act No. 105 of 1995) or by a foreign non-life insurance company or similar as prescribed in paragraph (9) of that Article, which a person acquires because of mental or physical damage incurred or because of damage to property incurred as a result of unforeseen circumstances, or any other insurance benefit or compensation for damages specified by Cabinet Order;

money, objects, and any other financial benefits that a candidate for election to public office acquires as a gift from an election campaign corporation in connection with an election to which the Election to Public Office Act (Act No. 100 of 1950) is applicable, which have been reported as under Article 189 of that Act (Submission of Reports on Revenue and Expenditures for Election Campaigns).

if the amount of revenue from the transfer of assets prescribed in item (ix) of the preceding paragraph is less than the sum of the acquisition cost of those assets as prescribed in Article 33, paragraph (3) and the amount of the expenses required for the transfer (hereinafter referred to as the "acquisition cost and selling expenses" in this paragraph), the amount of the shortfall;

if the amount of revenue from the transfer of assets prescribed in item (x) of the preceding paragraph is less than the acquisition cost and selling expenses of those assets or the necessary expenses prescribed in Article 32, paragraph (3) (Timber Income), the amount of the shortfall.