Income tax is not imposed on interest on public and corporate bonds or deposits and savings or distributions of proceeds from jointly managed trusts accruing from the trust property of a trust established under a specified donation trust contract (hereinafter referred to in this Article as a "specified donation trust") (for interest on public and corporate bonds or distributions of proceeds from loan trusts, limited to the part equivalent to the amount calculated pursuant to the provisions of Cabinet Order as the amount of the part corresponding to the period during which the public and corporate bonds or the beneficial interests in the loan trust continued to belong to the trust property, where the public and corporate bonds or the beneficial interests in the loan trust are managed by means of entries or records in a transfer account book prescribed in the Act on Book-Entry Transfer of Corporate Bonds and Shares or any other method specified by Cabinet Order; referred to in paragraph (3) and paragraph (8) as "interest and similar income").
The specified donation trust contract prescribed in the preceding paragraph means a trust contract concluded by a resident with a trust company (limited to one that has obtained a license under Article 3 or Article 53, paragraph (1) of the Trust Business Act (Act No. 154 of 2004), and including a financial institution prescribed in Article 1, paragraph (1) of the Act on Engagement in Trust Business by Financial Institutions (Act No. 43 of 1943) that engages in the trust business prescribed in that paragraph pursuant to that Act), under which the resident is the beneficiary and which prescribes the requirements specified by Cabinet Order as requirements for the proper implementation of planned donations, such as that its main purpose is to expend the trust property as specified donations prescribed in Article 78, paragraph (2) of the Income Tax Act (including those deemed to be specified donations pursuant to the provisions of Article 41-18-2, paragraph (1)) that are specified by Cabinet Order as contributing to a business for the purpose of public interest conducted by a private organization (referred to in paragraph (8) as "covered specified donations").
前項に規定する特定寄附信託契約とは、居住者が、信託会社（信託業法（平成十六年法律第百五十四号）第三条又は第五十三条第一項の免許を受けたものに限るものとし、金融機関の信託業務の兼営等に関する法律（昭和十八年法律第四十三号）により同法第一条第一項に規定する信託業務を営む同項に規定する金融機関を含む。）との間で締結した当該居住者を受益者とする信託契約で、当該信託財産を所得税法第七十八条第二項に規定する特定寄附金（第四十一条の十八の二第一項の規定により特定寄附金とみなされたものを含む。）のうち民間の団体が行う公益を目的とする事業に資するものとして政令で定めるもの（第八項において「対象特定寄附金」という。）として支出することを主たる目的とすることその他計画的な寄附が適正に実施されるための要件として政令で定める要件が定められているものをいう。
The provisions of paragraph (1) apply only where the resident referred to in the preceding paragraph has, after the conclusion of the specified donation trust contract prescribed in that paragraph and by the day preceding the day on which the resident first receives payment of interest and similar income for which the resident seeks the application of the provisions of paragraph (1), submitted a return stating the resident's name, address, and individual number (meaning the individual number prescribed in Article 2, paragraph (5) of the Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures (Act No. 27 of 2013); the same applies hereinafter in this Chapter) and other matters specified by Order of the Ministry of Finance (hereinafter referred to in this Article as a "return for a specified donation trust"), with a copy of the contract document of the specified donation trust contract attached thereto, to the district director with jurisdiction over the location of the business office or similar place of the trustee of the specified donation trust, via the business office, other office, or any other equivalent place (hereinafter referred to in this Article as the "business office or similar place") of the trustee of the specified donation trust pertaining to the specified donation trust contract.
第一項の規定は、前項の居住者が、同項に規定する特定寄附信託契約の締結の後、最初に第一項の規定の適用を受けようとする利子等の支払を受ける日の前日までに、その者の氏名、住所及び個人番号（行政手続における特定の個人を識別するための番号の利用等に関する法律（平成二十五年法律第二十七号）第二条第五項に規定する個人番号をいう。以下この章において同じ。）その他の財務省令で定める事項を記載した申告書（以下この条において「特定寄附信託申告書」という。）に、当該特定寄附信託契約の契約書の写しを添付して、これを当該特定寄附信託契約に係る特定寄附信託の受託者の営業所、事務所その他これらに準ずるもの（以下この条において「営業所等」という。）を経由し、当該特定寄附信託の受託者の営業所等の所在地の所轄税務署長に提出した場合に限り、適用する。
In the case referred to in the preceding paragraph, when a return for a specified donation trust has been submitted to the district director prescribed in that paragraph, it is deemed to have been submitted on the day on which it was accepted at the business office or similar place of the trustee of the specified donation trust referred to in that paragraph.
The resident referred to in paragraph (3) may, in lieu of submitting a return for a specified donation trust under that paragraph, provide the business office or similar place of the trustee of the specified donation trust referred to in that paragraph with the matters to be stated in the return for a specified donation trust by electronic or magnetic means (meaning the electronic or magnetic means prescribed in Article 3-3, paragraph (8); the same applies in paragraph (7)). In this case, the resident is deemed to have submitted the return for a specified donation trust to the business office or similar place of the trustee of the specified donation trust.
With regard to the application of the provisions of paragraph (4) in the case where the provisions of the preceding paragraph apply, in that paragraph, the phrase "a return for a specified donation trust has been submitted to" is deemed to be replaced with "the matters to be stated in a return for a specified donation trust have been submitted to", and the phrase "the day on which it was accepted" is deemed to be replaced with "the day on which the provision was received".
Where the resident referred to in paragraph (3) provides the matters to be stated in a return for a specified donation trust by electronic or magnetic means pursuant to the provisions of paragraph (5), the resident may, in lieu of submitting a copy of the contract document of the specified donation trust contract prescribed in paragraph (3) under that paragraph, provide the business office or similar place of the trustee of the specified donation trust referred to in that paragraph with the matters to be stated in the copy by electronic or magnetic means. In this case, the resident is deemed to have submitted the return for a specified donation trust with the copy attached thereto pursuant to the provisions of that paragraph.
Where, with regard to a specified donation trust contract prescribed in paragraph (2) or its performance, a fact specified by Cabinet Order as a fact by which planned donations are found not to be properly implemented has arisen, such as that the main purpose of the contract has ceased to be the expenditure of the trust property as covered specified donations, the provisions of this Act and the Income Tax Act apply by deeming that the provisions of paragraph (1) have not applied to the interest and similar income paid during the period from the time of conclusion of the specified donation trust contract to the day on which the fact arose, and by deeming, respectively, that the interest and similar income was paid on the day on which the fact arose and that the trustee of the specified donation trust pertaining to the specified donation trust contract paid the interest and similar income.
With regard to the application of the provisions of Article 78 of the Income Tax Act and the provisions of Article 41-18-2 and Article 41-18-3 in the case where the provisions of paragraph (1) apply, in Article 78, paragraph (2) of that Act, the phrase "excluding those made in connection with admission to a school" is deemed to be replaced with "excluding the part equivalent to the amount of interest and similar income prescribed in Article 4-5, paragraph (1) (Tax Exemption on Interest Income of Specified Donation Trusts) of the Act on Special Measures Concerning Taxation to which the provisions of that paragraph have been applied, and those made in connection with admission to a school", and in Article 41-18-2, paragraph (1), the phrase "the person who made the donation" is deemed to be replaced with "the part equivalent to the amount of interest and similar income prescribed in Article 4-5, paragraph (1) to which the provisions of that paragraph have been applied, and the person who made the donation".
第一項の規定の適用がある場合における所得税法第七十八条の規定並びに第四十一条の十八の二及び第四十一条の十八の三の規定の適用については、同法第七十八条第二項中「学校の入学に関してするものを除く」とあるのは「租税特別措置法第四条の五第一項（特定寄附信託の利子所得の非課税）の規定の適用を受けた同項に規定する利子等の金額に相当する部分及び学校の入学に関してするものを除く」と、第四十一条の十八の二第一項中「その寄附をした者」とあるのは「第四条の五第一項の規定の適用を受けた同項に規定する利子等の金額に相当する部分並びにその寄附をした者」とする。
Beyond what is prescribed in paragraph (3) through the preceding paragraph, matters concerning the books to be kept with regard to the trust property of a specified donation trust, matters concerning notification in the case where a person who has submitted a return for a specified donation trust has changed or is to change the matters stated in the return for a specified donation trust after its submission, and other necessary matters concerning the application of the provisions of paragraph (1) are specified by Cabinet Order.