Article 33-2Special Provisions on Taxation in the Case of Acquisition of Assets Due to Disposition by Exchange, etc.
第三十三条の二（交換処分等に伴い資産を取得した場合の課税の特例）
Where an individual's assets prescribed in the following items have come to fall under the cases listed in those items (including where compensation, consideration or settlement money (hereinafter referred to as "compensation, etc." in this Subsection) has been acquired together with the assets prescribed in those items), the individual may, at the individual's option, apply the provisions of Article 28-4, Article 31 or Article 32 of this Act, or Article 27, Article 32, Article 33 or Article 35 of the Income Tax Act, by deeming that the assets transferred through the expropriation, purchase or exchange prescribed in those items (hereinafter referred to as "disposition by exchange, etc." in this Subsection) (where compensation, etc. has been acquired together with the assets prescribed in those items, the part of the transferred assets specified by Cabinet Order as the part other than the part corresponding to the amount of the compensation, etc.) have not been transferred:
個人の有する資産で次の各号に規定するものが当該各号に掲げる場合に該当することとなつた場合（当該各号に規定する資産とともに補償金、対価又は清算金（以下この款において「補償金等」という。）を取得した場合を含む。）には、その者については、その選択により、当該各号に規定する収用、買取り又は交換（以下この款において「交換処分等」という。）により譲渡した資産（当該各号に規定する資産とともに補償金等を取得した場合には、当該譲渡した資産のうち当該補償金等の額に対応する部分以外のものとして政令で定める部分）の譲渡がなかつたものとして、第二十八条の四、第三十一条若しくは第三十二条又は所得税法第二十七条、第三十二条、第三十三条若しくは第三十五条の規定を適用することができる。
where assets have been expropriated under the provisions of the Expropriation of Land Act, etc. (including where there has been a purchase that falls under the provisions of paragraph (1), item (ii) or item (iv) of the preceding Article), if assets specified by Cabinet Order as assets of the same type as those assets or as the spouse's right of residence pertaining to those assets, or as other assets that are to replace them, are acquired;
where a land improvement project under the Land Improvement Act or a project under Article 13-2, paragraph (1) of the Act on Establishment of Agricultural Promotion Regions has been implemented with regard to land, etc., if land, etc. is acquired through an exchange pertaining to that land, etc.
土地等につき土地改良法による土地改良事業又は農業振興地域の整備に関する法律第十三条の二第一項の事業が施行された場合において、当該土地等に係る交換により土地等を取得するとき。
The provisions of paragraphs (1) through (4) of the preceding Article apply mutatis mutandis where an individual's assets prescribed in the items of the preceding paragraph have come to fall under the cases listed in those items, and the individual has acquired compensation, etc. together with the assets prescribed in those items and has acquired or is expected to acquire substitute assets with an amount equivalent to all or part of that amount, or has acquired assets that are to become substitute assets. In this case, the phrase "the transferred assets" in paragraph (1) of that Article is deemed to be replaced with "the part of the transferred assets specified by Cabinet Order as corresponding to the amount of the compensation, etc.".
前条第一項から第四項までの規定は、個人の有する資産で前項各号に規定するものが当該各号に掲げる場合に該当することとなつた場合において、個人が、当該各号に規定する資産とともに補償金等を取得し、その額の全部若しくは一部に相当する金額をもつて代替資産の取得をしたとき、若しくは取得をする見込みであるとき、又は代替資産となるべき資産の取得をしたときについて準用する。この場合において、同条第一項中「当該譲渡した資産」とあるのは、「当該譲渡した資産のうち当該補償金等の額に対応するものとして政令で定める部分」と読み替えるものとする。
The provisions of paragraph (5) and paragraph (6) of the preceding Article apply mutatis mutandis where the provisions of the preceding two paragraphs are applied.
The provisions of paragraph (7) of the preceding Article apply mutatis mutandis to a person who files the final return prescribed in paragraph (6) of that Article as applied mutatis mutandis pursuant to the preceding paragraph. In this case, the term "substitute assets" in paragraph (7) of that Article is deemed to be replaced with "assets acquired through disposition by exchange, etc. or substitute assets".
The provisions of paragraph (8) of the preceding Article apply mutatis mutandis where the provisions of paragraph (2) are applied. In this case, the term "paragraph (3)" in paragraph (8) of that Article is deemed to be replaced with "paragraph (3) as applied mutatis mutandis pursuant to paragraph (2) of the following Article".