Retirement income means income arising from severance pay, a lump-sum early retirement package, other compensation received on a one-time basis due to separation from employment, and compensation of a similar nature (hereinafter referred to as "severance pay and other such compensation" in this Article).
退職所得とは、退職手当、一時恩給その他の退職により一時に受ける給与及びこれらの性質を有する給与（以下この条において「退職手当等」という。）に係る所得をいう。
Retirement income is equivalent to 50% of the amount remaining after the retirement income deduction is applied against revenue from severance pay and other such compensation in the year (or, if the severance pay and other such compensation is short-term severance pay, the amount that each of the following items prescribes for the category of case set forth in the item, and if it is specified officers' severance pay, the amount equivalent to the amount remaining after the retirement income deduction is applied against the revenue from the severance pay and other such compensation).
退職所得の金額は、その年中の退職手当等の収入金額から退職所得控除額を控除した残額の二分の一に相当する金額（当該退職手当等が、短期退職手当等である場合には次の各号に掲げる場合の区分に応じ当該各号に定める金額とし、特定役員退職手当等である場合には当該退職手当等の収入金額から退職所得控除額を控除した残額に相当する金額とする。）とする。
if the amount remaining after the retirement income deduction is applied against the revenue from the severance pay and other such compensation is 3,000,000 yen or less: the amount equivalent to 50% of the remaining amount;
当該退職手当等の収入金額から退職所得控除額を控除した残額が三百万円以下である場合 当該残額の二分の一に相当する金額
in a case other than that set forth in the preceding item: the sum total of 1,500,000 yen plus the amount remaining after the sum of 3,000,000 yen and the retirement income deduction is deducted from the revenue from the severance pay and other such compensation.
The retirement income deduction prescribed in the preceding paragraph is the amount that each of the following items prescribes for the category of case set forth in the item:
前項に規定する退職所得控除額は、次の各号に掲げる場合の区分に応じ当該各号に定める金額とする。
if the taxpayer has 20 or fewer years of service as prescribed by Cabinet Order (hereinafter referred to as "years of service" in this paragraph and paragraph (7)): the amount calculated as 400,000 yen times the taxpayer's years of service;
if the taxpayer has over 20 years of service:the sum total calculated when 20 years are subtracted from the taxpayer's years of service, the difference is multiplied by 700,000 yen, and 8,000,000 yen is added to the product thereof.
勤続年数が二十年を超える場合 八百万円と七十万円に当該勤続年数から二十年を控除した年数を乗じて計算した金額との合計額
The short-term severance pay prescribed in paragraph (2) means severance pay and other such compensation that is received from the person paying the severance pay and other such compensation as severance pay and other such compensation corresponding to short-term years of service (meaning the years of service prescribed in item (i) of the preceding paragraph in which the years of service specified by Cabinet Order as a person other than an officer or similar person prescribed in the following paragraph are five years or less; the same applies in paragraph (7)), and that does not fall under the category of specified officers' severance pay prescribed in the following paragraph.
The specified officers' severance pay prescribed in paragraph (2) means severance pay and other such compensation that a person whose years of service specified by Cabinet Order as an officer or similar person (meaning a person set forth in any of the following items) (hereinafter referred to as "years of service as an officer" in this paragraph and paragraph (7)) are five years or less receives from the person paying the severance pay and other such compensation as severance pay and other such compensation corresponding to those years of service as an officer:
an officer as prescribed in Article 2, item (xv) (Definitions) of the Corporation Tax Act;
法人税法第二条第十五号（定義）に規定する役員
a member of the Diet or a member of the assembly of a local government;
国会議員及び地方公共団体の議会の議員
a national public employee or local public employee.
国家公務員及び地方公務員
Notwithstanding the provisions of paragraph (3), if circumstances fall under one of the cases set forth in the following items, the retirement income deduction provided for in paragraph (2) is the amount prescribed in the relevant item:
a case as prescribed by Cabinet Order, in which the taxpayer has been paid other severance pay and other such compensation in or before the previous year: the amount calculated pursuant to paragraph (3), less the amount that is calculated for the other severance pay and other such compensation when the provisions of that paragraph are applied pursuant to Cabinet Order;
a case in which the amount calculated pursuant to the provisions of paragraph (3) and the preceding item is less than 800,000 yen (other than in a case falling under the following item): 800,000 yen;
a case as prescribed by Cabinet Order in which the taxpayer is found to have left employment as a direct result of becoming a Person with a Disability: the amount calculated pursuant to the provisions of paragraph (3) and item (i) (or 800,000 yen, if the amount so calculated is less than 800,000 yen), plus 1,000,000 yen.
If a taxpayer has, in the year, two or more kinds of severance pay and other such compensation from among general severance pay or other such compensation (meaning severance pay and other such compensation that falls under neither short-term severance pay (meaning the short-term severance pay prescribed in paragraph (4); hereinafter the same applies in this paragraph) nor specified officers' severance pay (meaning the specified officers' severance pay prescribed in paragraph (5); hereinafter the same applies in this paragraph); hereinafter the same applies in this paragraph), short-term severance pay, and specified officers' severance pay, and there is an overlapping period in the years of service for the general severance pay or other such compensation, the short-term years of service for the short-term severance pay, or the years of service as an officer for the specified officers' severance pay, Cabinet Order provides for the calculation of the retirement income.
Read this with the articles around it
(Retirement Income)
Retirement income means income arising from severance pay, a lump-sum early retirement package, other compensation received on a one-time basis due to separation from employment…
退職所得とは、退職手当、一時恩給その他の退職により一時に受ける給与及びこれらの性質を有する給与（以下この条において「退職手当等」という。）に係る所得をいう。
Open this provision(Retirement Income)
Retirement income is equivalent to 50% of the amount remaining after the retirement income deduction is applied against revenue from severance pay and other such compensation in the year…
退職所得の金額は、その年中の退職手当等の収入金額から退職所得控除額を控除した残額の二分の一に相当する金額（当該退職手当等が、短期退職手当等である場合には次の各号に掲げる場合の区分に応じ当該各号に定める金額とし、特定役員退職手当等である場合には当該退職手当等の収入金額から退職所得控除額を控除した残額に相当する金額とする…
Open this provision(Retirement Income)
if the amount remaining after the retirement income deduction is applied against the revenue from the severance pay and other such compensation is 3,000,000 yen or less…
当該退職手当等の収入金額から退職所得控除額を控除した残額が三百万円以下である場合 当該残額の二分の一に相当する金額
Open this provision(Retirement Income)
The retirement income deduction prescribed in the preceding paragraph is the amount that each of the following items prescribes for the category of case set forth in the item:
前項に規定する退職所得控除額は、次の各号に掲げる場合の区分に応じ当該各号に定める金額とする。
Open this provision(Retirement Income)
if the taxpayer has 20 or fewer years of service as prescribed by Cabinet Order (hereinafter referred to as "years of service" in this paragraph and paragraph (7))…
政令で定める勤続年数（以下この項及び第七項において「勤続年数」という。）が二十年以下である場合 四十万円に当該勤続年数を乗じて計算した金額
Open this provision(Retirement Income)
The short-term severance pay prescribed in paragraph (2) means severance pay and other such compensation that is received from the person paying the severance pay and other such compensation as…
第二項に規定する短期退職手当等とは、退職手当等のうち、退職手当等の支払をする者から短期勤続年数（前項第一号に規定する勤続年数のうち、次項に規定する役員等以外の者としての政令で定める勤続年数が五年以下であるものをいう。第七項において同じ。）に対応する退職手当等として支払を受けるものであつて…
Open this provision(Retirement Income)
The specified officers' severance pay prescribed in paragraph (2) means severance pay and other such compensation that a person whose years of service specified by Cabinet Order as an officer or…
第二項に規定する特定役員退職手当等とは、退職手当等のうち、役員等（次に掲げる者をいう。）としての政令で定める勤続年数（以下この項及び第七項において「役員等勤続年数」という。）が五年以下である者が、退職手当等の支払をする者から当該役員等勤続年数に対応する退職手当等として支払を受けるものをいう。
Open this provision(Retirement Income)
a case as prescribed by Cabinet Order, in which the taxpayer has been paid other severance pay and other such compensation in or before the previous year…
その年の前年以前に他の退職手当等の支払を受けている場合で政令で定める場合 第三項の規定により計算した金額から、当該他の退職手当等につき政令で定めるところにより同項の規定に準じて計算した金額を控除した金額
Open this provision(Retirement Income)
a case as prescribed by Cabinet Order in which the taxpayer is found to have left employment as a direct result of becoming a Person with a Disability…
障害者になつたことに直接基因して退職したと認められる場合で政令で定める場合 第三項及び第一号の規定により計算した金額（当該金額が八十万円に満たない場合には、八十万円）に百万円を加算した金額
Open this provision(Retirement Income)
If a taxpayer has, in the year, two or more kinds of severance pay and other such compensation from among general severance pay or other such compensation…
その年中に一般退職手当等（退職手当等のうち、短期退職手当等（第四項に規定する短期退職手当等をいう。以下この項において同じ。）及び特定役員退職手当等（第五項に規定する特定役員退職手当等をいう。以下この項において同じ。）のいずれにも該当しないものをいう。以下この項において同じ。）…
Open this provision(Definitions)
officer:These mean an executive officer, operating officer, accounting advisor, auditor, director, inspector, or liquidator, and any person other than those persons who engages in the management of a…
役員 法人の取締役、執行役、会計参与、監査役、理事、監事及び清算人並びにこれら以外の者で法人の経営に従事している者のうち政令で定めるものをいう。
Open this provisionPerson with a Disability
「障害者」
A person who is usually unable to understand the consequences of their actions because of a mental disability, a blind person, or another person with a mental or physical disability of a kind a Cabinet Order (政令) specifies.
Defined inArticle 2, paragraph (1), item (xxviii)· applies throughout the law
severance pay and other such compensation
「退職手当等」
Retirement allowances, lump-sum pensions and other payments received all at once on retirement, and payments of the same nature, as described in Article 30, paragraph (1) on retirement income; some provisions leave out those from which no tax need be withheld.
Short name set inArticle 30, paragraph (1)· applies only in this article
years of servicemachine translation
「勤続年数」
The number of years a person worked for the employer paying their retirement allowance, counted as a Cabinet Order (政令) sets, on which the deduction from retirement income depends; Appended Table 6 counts them in the same way as Article 201, paragraph (2).
Short name set inArticle 30, paragraph (3), item (i)· applies only in this paragraph and in Article 30, paragraph (7)
short-term years of servicemachine translation
「短期勤続年数」
Years of service (勤続年数) in which the years, counted as a Cabinet Order (政令) specifies, served other than as a company officer, member of the Diet or a local assembly, or public employee (役員等) are five years or less, used in Article 30 to define short-term severance pay (短期退職手当等).
Defined inArticle 30, paragraph (4)· applies only in this provision and in Article 30, paragraph (7)
years of service as an officermachine translation
「役員等勤続年数」
The number of years, counted as a Cabinet Order (政令) sets, a person served as a corporate officer, a member of the Diet or of a local assembly, or a national or local public employee; severance pay for five years or less of such service is specified officers' severance pay.
Short name set inArticle 30, paragraph (5)· applies only in this paragraph and in Article 30, paragraph (7)
general severance pay or other such compensationmachine translation
「一般退職手当等」
Severance pay or similar compensation (退職手当等) that is neither short-term severance pay under Article 30, paragraph (4) nor specified officers' severance pay under Article 30, paragraph (5).
Defined inArticle 30, paragraph (7)· applies only in this paragraph
specified officers' severance paymachine translation
「特定役員退職手当等」
Severance pay received for service as a corporate officer, member of the Diet or a local assembly, or public employee lasting five years or less, as defined in Article 30, paragraph (5).
Defined inArticle 30, paragraph (7)· applies only in this paragraph
short-term severance paymachine translation
「短期退職手当等」
Severance pay for five years or less of service other than as a corporate officer, public official or similar, that is not specified officers' severance pay, as defined in Article 30, paragraph (4).
Defined inArticle 30, paragraph (7)· applies only in this paragraph
years of servicemachine translation
「勤続年数」
The number of years a person worked for the employer paying their retirement allowance, counted as a Cabinet Order (政令) sets, on which the deduction from retirement income depends; Appended Table 6 counts them in the same way as Article 201, paragraph (2).
Defined inAppended Table 6
the Diet
国会
Japan's parliament, and under Article 41 the only body that can make an Act (法律). It has two chambers, the House of Representatives and the House of Councillors, both made up of elected members (Articles 42 and 43). It designates the Prime Minister, approves the budget and treaties, and can start the process of amending the Constitution. A Cabinet Order (政令) or Ministerial Order (省令) may impose a duty or a penalty only where an Act the Diet passed says it may.
Written by AI using Constitution, Arts. 41, 42, 43 and Wikipedia: National Diet as a reference.