Article 3-3Separate Taxation on Interest Income from Public and Corporate Bonds, etc. Issued outside Japan
第三条の三（国外で発行された公社債等の利子所得の分離課税等）
Where a resident receives, through a person in charge of handling payment in Japan who is specified by Cabinet Order (hereinafter referred to in this Article as a "person in charge of handling payment"), the delivery of interest and similar income prescribed in Article 23, paragraph (1) of the Income Tax Act pertaining to interest on public and corporate bonds issued outside Japan (excluding public and corporate bonds denominated in a foreign currency which are issued by the State or any other person and specified by Cabinet Order (referred to in the following paragraph as "foreign-currency bonds")) or to a distribution of proceeds from beneficial interests in a bond investment trust, which is to be received on or after January 1, 2016, other than that listed in Article 3, paragraph (1), item (i) and item (ii) (limited to that paid outside Japan; hereinafter referred to in this Article as "interest and similar income on general foreign public and corporate bonds, etc."), income tax is imposed on the interest and similar income on general foreign public and corporate bonds, etc. to be received, separately from other income, by applying the tax rate of 15 percent on the receivable amount, notwithstanding the provisions of Article 22 and Article 89 of that Act.
居住者が、平成二十八年一月一日以後に支払を受けるべき国外において発行された公社債（国その他の者が発行した外国通貨で表示された公社債で政令で定めるもの（次項において「外貨建公社債」という。）を除く。）又は公社債投資信託の受益権の利子又は収益の分配に係る所得税法第二十三条第一項に規定する利子等で第三条第一項第一号及び第二号に掲げるもの以外のもの（国外において支払われるものに限る。以下この条において「国外一般公社債等の利子等」という。）につき、国内における支払の取扱者で政令で定めるもの（以下この条において「支払の取扱者」という。）を通じてその交付を受ける場合には、その支払を受けるべき国外一般公社債等の利子等については、同法第二十二条及び第八十九条の規定にかかわらず、他の所得と区分し、その支払を受けるべき金額に対し百分の十五の税率を適用して所得税を課する。
Where a domestic corporation receives, through a person in charge of handling payment in Japan, the delivery of interest and similar income prescribed in Article 23, paragraph (1) of the Income Tax Act pertaining to interest on public and corporate bonds issued outside Japan (excluding foreign-currency bonds) or to a distribution of proceeds from beneficial interests in a bond investment trust or a bond-based investment trust under public offering, which is to be received on or after January 1, 2016 (limited to that paid outside Japan; hereinafter referred to in this Article as "interest and similar income on foreign public and corporate bonds, etc."), the domestic corporation is to be liable to pay income tax on the interest and similar income on foreign public and corporate bonds, etc. to be received, and income tax is imposed by applying the tax rate of 15 percent on the receivable amount.
内国法人は、平成二十八年一月一日以後に支払を受けるべき国外において発行された公社債（外貨建公社債を除く。）又は公社債投資信託若しくは公募公社債等運用投資信託の受益権の利子又は収益の分配に係る所得税法第二十三条第一項に規定する利子等（国外において支払われるものに限る。以下この条において「国外公社債等の利子等」という。）につき、国内における支払の取扱者を通じてその交付を受ける場合には、その支払を受けるべき国外公社債等の利子等について所得税を納める義務があるものとし、その支払を受けるべき金額に対し百分の十五の税率を適用して所得税を課する。
A person in charge of handling payment in Japan of interest and similar income on foreign public and corporate bonds, etc. paid to a resident or a domestic corporation on or after January 1, 2016 must, when delivering the interest and similar income on foreign public and corporate bonds, etc. to the resident or domestic corporation, collect income tax in the amount calculated by multiplying the amount delivered (where the interest and similar income on foreign public and corporate bonds, etc. is interest and similar income on general foreign public and corporate bonds, etc. and there is an amount of foreign income tax prescribed in the following paragraph, the amount delivered plus that amount) by the tax rate of 15 percent, and pay it to the State by the tenth day of the month following the month that includes the day of collection.
平成二十八年一月一日以後に居住者又は内国法人に対して支払われる国外公社債等の利子等の国内における支払の取扱者は、当該居住者又は内国法人に当該国外公社債等の利子等の交付をする際、その交付をする金額（当該国外公社債等の利子等が国外一般公社債等の利子等である場合において、次項に規定する外国所得税の額があるときは、その額を加算した金額）に百分の十五の税率を乗じて計算した金額の所得税を徴収し、その徴収の日の属する月の翌月十日までに、これを国に納付しなければならない。
In the cases referred to in the preceding two paragraphs, where there is an amount of foreign income tax prescribed in Article 95, paragraph (1) of the Income Tax Act (including taxes specified by Cabinet Order) imposed at the time of payment on interest and similar income on foreign public and corporate bonds, etc. that a resident or a domestic corporation is to receive on or after January 1, 2016, the following provisions apply:
前二項の場合において、平成二十八年一月一日以後に居住者又は内国法人が支払を受けるべき国外公社債等の利子等につきその支払の際に課される所得税法第九十五条第一項に規定する外国所得税（政令で定めるものを含む。）の額があるときは、次に定めるところによる。
where the interest and similar income on foreign public and corporate bonds, etc. is interest and similar income on general foreign public and corporate bonds, etc., the amount of the foreign income tax is to be deducted from the amount of income tax on the interest and similar income on general foreign public and corporate bonds, etc. that is to be collected and paid pursuant to the provisions of the preceding paragraph, up to that amount of income tax, and is deemed not to exist with regard to the application of the provisions of Article 95 of the Income Tax Act to the resident;
当該国外公社債等の利子等が国外一般公社債等の利子等である場合には、当該外国所得税の額は、前項の規定により徴収して納付すべき当該国外一般公社債等の利子等に係る所得税の額を限度として当該所得税の額から控除するものとし、当該居住者に対する所得税法第九十五条の規定の適用については、ないものとする。
where the interest and similar income on foreign public and corporate bonds, etc. is interest and similar income on foreign public and corporate bonds, etc. other than interest and similar income on general foreign public and corporate bonds, etc., the receivable amount prescribed in paragraph (2) is the amount remaining after deducting an amount equivalent to the amount of the foreign income tax from the amount of the interest and similar income on foreign public and corporate bonds, etc.
当該国外公社債等の利子等が国外一般公社債等の利子等以外の国外公社債等の利子等である場合には、第二項に規定する支払を受けるべき金額は、当該国外公社債等の利子等の額から当該外国所得税の額に相当する金額を控除した後の金額とする。
Income tax to be collected and paid pursuant to the provisions of paragraph (3) is deemed to be income tax pertaining to withholding at the source as prescribed in Article 2, paragraph (1), item (xlv) of the Income Tax Act, and the provisions of that Act, the Act on General Rules for National Taxes, and the National Tax Collection Act apply. In this case, where the person who is to receive payment of the interest and similar income on foreign public and corporate bonds, etc. is a domestic corporation, with regard to the application of the provisions of the Corporation Tax Act to the domestic corporation, in Article 68, paragraph (1) of that Act, the phrase "or prize money" is deemed to be replaced with "or prize money, or interest and similar income on foreign public and corporate bonds, etc. prescribed in Article 3-3, paragraph (2) (Separate Taxation on Interest Income from Public and Corporate Bonds, etc. Issued outside Japan) of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957)", and the phrase "that Act" is deemed to be replaced with "the Income Tax Act or the Act on Special Measures Concerning Taxation".
第三項の規定により徴収して納付すべき所得税は、所得税法第二条第一項第四十五号に規定する源泉徴収に係る所得税とみなして、同法、国税通則法及び国税徴収法の規定を適用する。この場合において、国外公社債等の利子等の支払を受けるべき者が内国法人であるときは、当該内国法人に対する法人税法の規定の適用については、同法第六十八条第一項中「又は賞金」とあるのは「若しくは賞金又は租税特別措置法（昭和三十二年法律第二十六号）第三条の三第二項（国外で発行された公社債等の利子所得の分離課税等）に規定する国外公社債等の利子等」と、「同法」とあるのは「所得税法又は租税特別措置法」とする。
Where a domestic corporation listed in Appended Table 1 of the Income Tax Act, or a financial institution prescribed in Article 8, paragraph (1) (limited to a domestic corporation) or a financial instruments business operator, etc. prescribed in paragraph (2) of that Article (limited to a domestic corporation), receives payment of interest and similar income on foreign public and corporate bonds, etc., if, pursuant to the provisions of Cabinet Order, it has submitted a return stating that it seeks the application of the provisions of this paragraph to the interest and similar income on foreign public and corporate bonds, etc. to be received, and other matters specified by Order of the Ministry of Finance, to the district director via the person in charge of handling payment in Japan of the interest and similar income on foreign public and corporate bonds, etc., the provisions of paragraph (2) and paragraph (3) do not apply to the interest and similar income on foreign public and corporate bonds, etc.
Where income tax is to be collected pursuant to the provisions of paragraph (3) on interest and similar income on foreign public and corporate bonds, etc. other than interest and similar income on general foreign public and corporate bonds, etc., the provisions of Article 8-5 apply to a resident who holds the interest and similar income on foreign public and corporate bonds, etc. as prescribed in item (i) where the interest and similar income on foreign public and corporate bonds, etc. is received from a domestic corporation, and as prescribed in item (i) and item (ii) where the interest and similar income on foreign public and corporate bonds, etc. is received from a person other than a domestic corporation:
国外一般公社債等の利子等以外の国外公社債等の利子等につき第三項の規定により所得税が徴収されるべき場合には、当該国外公社債等の利子等を有する居住者については、当該国外公社債等の利子等が内国法人から支払を受けるものであるときは第一号に定めるところにより、当該国外公社債等の利子等が内国法人以外の者から支払を受けるものであるときは同号及び第二号に定めるところにより、第八条の五の規定を適用する。
the amount to be delivered by the person in charge of handling payment in Japan of the interest and similar income on foreign public and corporate bonds, etc. is deemed to be the amount of interest and similar income to be received as prescribed in Article 8-5, paragraph (4);
当該国外公社債等の利子等の国内における支払の取扱者から交付を受けるべき金額については、当該金額を第八条の五第四項に規定する支払を受けるべき利子等の額とみなす。
the interest and similar income on foreign public and corporate bonds, etc. is deemed to be received from a domestic corporation.
当該国外公社債等の利子等については、これを内国法人から支払を受けるものとみなす。
A domestic corporation, financial institution, or financial instruments business operator, etc. prescribed in paragraph (6) may, in lieu of submitting a return under that paragraph, provide the person in charge of handling payment referred to in that paragraph with the matters to be stated in the return by electronic or magnetic means (meaning a means using an electronic data processing system or any other means using information and communications technology). In this case, the domestic corporation, financial institution, or financial instruments business operator, etc. is deemed to have submitted the return to the person in charge of handling payment.
Beyond what is prescribed in paragraph (5) and the preceding two paragraphs, special provisions on the provisions of Article 224 and Article 225 of the Income Tax Act concerning interest and similar income on foreign public and corporate bonds, etc. and other necessary matters concerning the application of the provisions of paragraphs (1) through (4) and paragraph (6) are specified by Cabinet Order.
第五項及び前二項に定めるもののほか、国外公社債等の利子等に係る所得税法第二百二十四条及び第二百二十五条の規定の特例その他第一項から第四項まで及び第六項の規定の適用に関し必要な事項は、政令で定める。