Article 53-3Day of Purchase of a Residential Rental Building in the Case of Ceasing to Be Exempted from Tax Liability
第五十三条の三（納税義務の免除を受けないこととなつた場合の居住用賃貸建物の仕入れの日）
Where Article 12-4, paragraph (2) of the Act applies to a residential rental building, Article 35-2 of the Act applies with the day on which the case prescribed in Article 36, paragraph (1) or (3) of the Act came to apply (or, where that residential rental building is an adjustment-target self-constructed high-value asset (meaning the adjustment-target self-constructed high-value asset prescribed in Article 12-4, paragraph (2) of the Act; the same applies hereinafter in this Article) and the construction, etc. (meaning the construction, etc. prescribed in Article 12-4, paragraph (1) of the Act; the same applies hereinafter in this Article) has not been completed by the day preceding that day, the day on which the construction, etc. of that adjustment-target self-constructed high-value asset was completed) treated as the day of purchase, etc. of the residential rental building prescribed in Article 35-2, paragraph (1) of the Act.
居住用賃貸建物について法第十二条の四第二項の規定の適用を受ける場合には、法第三十六条第一項又は第三項に規定する場合に該当することとなつた日（当該居住用賃貸建物が調整対象自己建設高額資産（法第十二条の四第二項に規定する調整対象自己建設高額資産をいう。以下この条において同じ。）であり、かつ、同日の前日までに建設等（法第十二条の四第一項に規定する建設等をいう。以下この条において同じ。）が完了していない場合にあつては、当該調整対象自己建設高額資産の建設等が完了した日）を法第三十五条の二第一項に規定する居住用賃貸建物の仕入れ等の日として、同条の規定を適用する。
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residential rental buildingmachine translation
「居住用賃貸建物」
A residential rental building as defined in Article 30, paragraph (10) of the Consumption Tax Act: a building, with its fixtures, that is a high-value specified asset (高額特定資産) or an adjustment-target self-constructed high-value asset (調整対象自己建設高額資産) and is not clearly not to be used for leasing housing (住宅の貸付け) under item (xiii) of Appended Table 2 of that Act; the tax on purchasing it is not deducted under Article 30, paragraph (1) of that Act.
Defined inArticle 50-2, paragraph (1)· applies only in this provision and in Articles 50-2 to 53-4
construction, etc.machine translation
「建設等」
Building, making or manufacturing an asset oneself, under a contract with another person or as one's own inventory asset (棚卸資産) or adjustment-target fixed asset (調整対象固定資産), as Article 12-4, paragraph (1) of the Consumption Tax Act uses the term.
Defined inArticle 53-3, paragraph (1)· applies only in this article
adjustment-target self-constructed high-value assetmachine translation
「調整対象自己建設高額資産」
An adjustment-target self-constructed high-value asset as defined in Article 12-4, paragraph (2) of the Consumption Tax Act: inventory (棚卸資産) that a business operator has itself constructed, made or manufactured, under a contract with another person or as its own inventory — including inventory so built by a person whose business it took over by inheritance, merger or split — on whose construction it has spent at least the amount a Cabinet Order (政令) sets, in costs a Cabinet Order sets.
Defined inArticle 53-3, paragraph (1)· applies only in this article