# Article 224-5, paragraph (1), item (iv), its wordings — Income Tax Act

This is the Markdown twin of https://japanlaw.org/en/income-tax-act/history/art-224-5/par-1/item-4. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp.

How the wording of Article 224-5, paragraph (1), item (iv) (第二百二十四条の五第一項第四号) changed with each amendment, and how it will change.

- Law: Income Tax Act (所得税法) — https://japanlaw.org/en/income-tax-act
- Provision: Article 224-5, paragraph (1), item (iv) (第二百二十四条の五第一項第四号) — https://japanlaw.org/en/income-tax-act/art-224-5/par-1/item-4 (as Markdown: https://japanlaw.org/md/en/income-tax-act/art-224-5/par-1/item-4)
- The law's amendments: https://japanlaw.org/en/income-tax-act/amendments
- 2 wordings, oldest first.

## 1. Before Act No. 64 of 2026

- State: In force

Japanese:

> 委託により市場デリバティブ取引（金融商品取引法第二条第二十一項（定義）に規定する市場デリバティブ取引をいう。以下この条において同じ。）又は外国市場デリバティブ取引（同法第二条第二十三項に規定する外国市場デリバティブ取引をいう。以下この条において同じ。）をした場合　当該市場デリバティブ取引又は外国市場デリバティブ取引の委託を受けた金融商品取引業者等（同法第二条第九項に規定する金融商品取引業者（同法第二十八条第一項（通則）に規定する第一種金融商品取引業を行う者に限る。第七号において「金融商品取引業者」という。）又は同法第二条第十一項に規定する登録金融機関をいう。以下この項において同じ。）の営業所の長（市場デリバティブ取引又は外国市場デリバティブ取引の委託の取次ぎにより当該金融商品取引業者等に当該市場デリバティブ取引又は外国市場デリバティブ取引の委託をした場合にあつては、当該委託の取次ぎを引き受けた金融商品取引業者等の営業所の長）

English (Machine translation, not official):

> if the person has conducted a market derivatives transaction (meaning a market derivatives transaction as prescribed in Article 2, paragraph (21) (Definitions) of the Financial Instruments and Exchange Act; hereinafter the same applies in this Article) or a foreign market derivatives transaction (meaning a foreign market derivatives transaction as prescribed in Article 2, paragraph (23) of that Act; hereinafter the same applies in this Article) by entrusting another party with the trade: the head of the business office of the financial instruments business operator or similar institution (meaning a financial instruments business operator as prescribed in Article 2, paragraph (9) of that Act (but only one engaged in type I financial instruments business as prescribed in Article 28, paragraph (1) (General Rules) of that Act; referred to as a "financial instruments business operator" in item (vii)) or a registered financial institution as prescribed in Article 2, paragraph (11) of that Act; hereinafter the same applies in this paragraph) that the person has entrusted with the market derivatives transaction or foreign market derivatives transaction (or the head of the business office of the financial instruments business operator or similar institution brokering the entrustment, if the person has used a broker to entrust the financial instruments business operator or similar institution with the market derivatives transaction or foreign market derivatives transaction);

## 2. By 22 July 2027 — Act No. 64 of 2026

- State: Not yet in force
- Takes effect: By 22 July 2027
- The amendment: Reworded (Act No. 64 of 2026) — https://japanlaw.org/en/income-tax-act/amendments/20270722_508AC0000000064

Japanese:

> 委託により市場デリバティブ取引（金融商品取引法第二条第二十一項（定義）に規定する市場デリバティブ取引をいう。以下この条において同じ。）又は外国市場デリバティブ取引（同法第二条第二十三項に規定する外国市場デリバティブ取引をいう。以下この条において同じ。）をした場合　当該市場デリバティブ取引又は外国市場デリバティブ取引の委託を受けた金融商品取引業者等（同法第二条第九項に規定する金融商品取引業者（同法第二十八条第一項（通則）に規定する第一種金融商品取引業を行う者に限る。第七号において「金融商品取引業者」という。）又は同法第二条第十一項第一号に規定する登録金融機関をいう。以下この項において同じ。）の営業所の長（市場デリバティブ取引又は外国市場デリバティブ取引の委託の取次ぎにより当該金融商品取引業者等に当該市場デリバティブ取引又は外国市場デリバティブ取引の委託をした場合にあつては、当該委託の取次ぎを引き受けた金融商品取引業者等の営業所の長）

English (Machine translation, not official):

> if the person has conducted a market derivatives transaction (meaning a market derivatives transaction as prescribed in Article 2, paragraph (21) (Definitions) of the Financial Instruments and Exchange Act; hereinafter the same applies in this Article) or a foreign market derivatives transaction (meaning a foreign market derivatives transaction as prescribed in Article 2, paragraph (23) of that Act; hereinafter the same applies in this Article) by entrusting another party with the trade: the head of the business office of the financial instruments business operator or similar institution (meaning a financial instruments business operator as prescribed in Article 2, paragraph (9) of that Act (but only one engaged in type I financial instruments business as prescribed in Article 28, paragraph (1) (General Rules) of that Act; referred to as a "financial instruments business operator" in item (vii)) or a registered financial institution as prescribed in Article 2, paragraph (11), item (i) of that Act; hereinafter the same applies in this paragraph) that the person has entrusted with the market derivatives transaction or foreign market derivatives transaction (or the head of the business office of the financial instruments business operator or similar institution brokering the entrustment, if the person has used a broker to entrust the financial instruments business operator or similar institution with the market derivatives transaction or foreign market derivatives transaction);

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## Sources

- The dates and the amending laws: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/340AC0000000033)
- English name of the law: Japanese Law Translation, Ministry of Justice (https://www.japaneselawtranslation.go.jp/en/laws/view/3120/tb)
- English titles of the amending laws: Written for this site with AI
- The Japanese text before: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/340AC0000000033/20270722_508AC0000000012)
- The Japanese text after: e-Gov (Digital Agency) (https://laws.e-gov.go.jp/law/340AC0000000033/20270722_508AC0000000064)