Article 11-8Secondary Tax Liability of Transferees for No Consideration or at a Remarkably Low Price, etc.

Where it is found that, even after delinquent tax collection procedures have been carried out in respect of the local government levies of a person delinquent in payment, the amount to be collected is still insufficient, and that this insufficiency is attributable to a transfer for no consideration or for consideration at a remarkably low price specified by Cabinet Order (excluding a transfer for the purpose of security), a remission of an obligation, or any other disposition giving a benefit to a third party that the person delinquent in payment made with regard to their property on or after the day one year before the statutory payment due date of those local government levies, the person who acquired a right or was relieved of an obligation through those dispositions bears secondary tax liability for the local government levies in arrears, up to the limit of the benefit that actually exists from those dispositions (or, where at the time of the disposition that person was a relative of the person delinquent in payment or another individual, or a family corporation (including a corporation similar thereto), that has a special relationship with the person delinquent in payment and is specified by Cabinet Order, up to the limit of the benefit received through those dispositions).