Article 69-2Special Provisions on Calculation of the Taxable Value for Inheritance Tax on Overseas Property, etc.
第六十九条の二（在外財産等についての相続税の課税価格の計算の特例）
If the property acquired through inheritance or bequest (including a gift that takes effect upon the death of the donor; hereinafter the same applies up to Article 70-8-2) includes property that was located outside the area where the Inheritance Tax Act is in force on August 15, 1945, or other property specified by Order of the Ministry of Finance (referred to as "overseas property, etc." in this Article and the following Article), the value of that overseas property, etc. (excluding that whose value can be calculated, as provided by Order of the Ministry of Finance, by the due date for filing the return under the provisions of Article 27 of that Act pertaining to that inheritance) is not included in the basis for calculating the taxable value for inheritance tax pertaining to that inheritance or bequest.
If the obligations of the decedent succeeded to through inheritance or universal legacy include obligations specified by Order of the Ministry of Finance that are to be performed outside the area where the Inheritance Tax Act is in force and that existed on August 15, 1945, the amount of those obligations is not included in the amount of debt deduction under the provisions of Article 13 of that Act in calculating the taxable value for inheritance tax pertaining to that inheritance.
相続又は包括遺贈により承継した被相続人の債務のうちに相続税法の施行地外において履行すべき財務省令で定める債務で昭和二十年八月十五日において存したものがあるときは、当該債務の金額は、当該相続に係る相続税の課税価格の計算上、同法第十三条の規定による債務控除の金額に算入しない。
The provisions of paragraph (1) do not apply if the return under the provisions of Article 27 of the Inheritance Tax Act pertaining to that inheritance of the person seeking the application of the provisions of that paragraph does not contain a statement to the effect that the person seeks the application of the provisions of that paragraph and of the matters concerning the details of the overseas property, etc.