# 租税特別措置法 / Act on Special Measures Concerning Taxation — 第九条の四 (Article 9-4) - Law: 租税特別措置法 (Act on Special Measures Concerning Taxation), 昭和三十二年法律第二十六号 - English title "Act on Special Measures Concerning Taxation": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第九条の四 (Article 9-4)（特定の投資法人等の運用財産等に係る利子等の課税の特例） — address `art-9-4` - Text in force since: 2026-10-01 - URL (the page that opens at this provision): https://japanlaw.org/en/special-taxation-measures-act/art-9-4 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/332AC0000000026/art-9-4 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第九条の四（特定の投資法人等の運用財産等に係る利子等の課税の特例） — Special Provisions on Taxation on Interest and Similar Income Pertaining to Managed Assets, etc. of Certain Investment Corporations, etc. caption: machine translation, not official art-9-4 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4 · https://japanlaw.org/l/332AC0000000026/art-9-4 **第一項** 所得税法第七条第一項第四号、第百七十四条、第百七十五条及び第二百十二条第三項の規定は、次の各号に掲げる法人がその資産として運用している公社債、合同運用信託、投資信託若しくは特定受益証券発行信託の受益権、社債的受益権、株式又は出資（以下この条において「公社債等」という。）につき国内において同法第二十三条第一項に規定する利子等（以下この条において「利子等」という。）又は同法第二十四条第一項に規定する配当等（以下この条において「配当等」という。）の支払をする者の備え付ける帳簿に、当該公社債等が当該各号に掲げる法人の運用に係る資産である旨その他財務省令で定める事項の登載を受けている場合には、当該公社債等についてその登載を受けている期間内に支払われる当該利子等又は配当等については、適用しない。 art-9-4/par-1 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1 Where a corporation listed in any of the following items has had the fact that public and corporate bonds, beneficial interests in a jointly managed trust, an investment trust, or a specified trust that issues beneficiary certificates, bond-type beneficial interests, shares, or capital contributions which it manages as its assets (hereinafter referred to in this Article as "public and corporate bonds, etc.") are assets under the management of the corporation listed in that item, and other matters specified by Order of the Ministry of Finance, entered in the books kept by the person who pays in Japan, on the public and corporate bonds, etc., interest and similar income prescribed in Article 23, paragraph (1) of the Income Tax Act (hereinafter referred to in this Article as "interest and similar income") or dividends and similar income prescribed in Article 24, paragraph (1) of that Act (hereinafter referred to in this Article as "dividends and similar income"), the provisions of Article 7, paragraph (1), item (iv), Article 174, Article 175, and Article 212, paragraph (3) of that Act do not apply to the interest and similar income or dividends and similar income paid on the public and corporate bonds, etc. within the period during which the entry has been made: machine translation, not official **一** 投資法人（投資信託及び投資法人に関する法律第二条第十二項に規定する投資法人をいう。以下この号において同じ。）のうち、次のいずれかに該当するもの art-9-4/par-1/item-1 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1/item-1 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1/item-1 an investment corporation (meaning an investment corporation as prescribed in Article 2, paragraph (12) of the Act on Investment Trusts and Investment Corporations; hereinafter the same applies in this item) that falls under either of the following: machine translation, not official **イ** その有する資産を主として有価証券に対する投資として運用することを目的として設立されたものとして政令で定める投資法人 art-9-4/par-1/item-1/sub-1 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1/item-1/sub-1 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1/item-1/sub-1 an investment corporation specified by Cabinet Order as having been established for the purpose of investing its assets mainly in securities; machine translation, not official **ロ** その設立の際の投資口（投資信託及び投資法人に関する法律第二条第十四項に規定する投資口をいう。）の募集が金融商品取引法第二条第三項に規定する取得勧誘であつて同項第一号に掲げる場合に該当するものとして政令で定めるものにより行われた投資法人 art-9-4/par-1/item-1/sub-2 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1/item-1/sub-2 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1/item-1/sub-2 an investment corporation for which the public offering of investment units (meaning investment units as prescribed in Article 2, paragraph (14) of the Act on Investment Trusts and Investment Corporations) at its incorporation was conducted through a solicitation of offers to acquire as prescribed in Article 2, paragraph (3) of the Financial Instruments and Exchange Act which is specified by Cabinet Order as falling under the case listed in item (i) of that paragraph; machine translation, not official **二** 資産の流動化に関する法律第二条第三項に規定する特定目的会社のうち、同条第一項に規定する特定資産が主として有価証券であるものとして政令で定めるもの art-9-4/par-1/item-2 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1/item-2 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1/item-2 a specific purpose company as prescribed in Article 2, paragraph (3) of the Act on the Securitization of Assets which is specified by Cabinet Order as one whose specified assets prescribed in paragraph (1) of that Article are mainly securities. machine translation, not official **第二項** 所得税法第七条第一項第四号、第百七十四条、第百七十五条及び第二百十二条第三項の規定は、同法第百七十六条第一項に規定する内国信託会社が、その引き受けた証券投資信託以外の投資信託（その設定に係る受益権の募集が第八条の四第一項第二号に規定する公募により行われたものであり、かつ、国内にある営業所、事務所その他これらに準ずるものに信託されたものに限る。第四項において同じ。）の信託財産に属する公社債等につき国内において利子等又は配当等の支払をする者の備え付ける帳簿に、当該公社債等が当該信託財産に属する旨その他財務省令で定める事項の登載を受けている場合には、当該公社債等についてその登載を受けている期間内に支払われる当該利子等又は配当等については、適用しない。 art-9-4/par-2 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-2 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-2 Where a domestic trust company prescribed in Article 176, paragraph (1) of the Income Tax Act has had the fact that public and corporate bonds, etc. belonging to the trust property of an investment trust other than a securities investment trust which it has undertaken (limited to one for which the public offering of beneficial rights at its establishment was conducted through a public offering as prescribed in Article 8-4, paragraph (1), item (ii), and which has been entrusted to a business office, office, or any other equivalent place located in Japan; the same applies in paragraph (4)) belong to that trust property, and other matters specified by Order of the Ministry of Finance, entered in the books kept by the person who pays interest and similar income or dividends and similar income in Japan on the public and corporate bonds, etc., the provisions of Article 7, paragraph (1), item (iv), Article 174, Article 175, and Article 212, paragraph (3) of that Act do not apply to the interest and similar income or dividends and similar income paid on the public and corporate bonds, etc. within the period during which the entry has been made. machine translation, not official **第三項** 所得税法第七条第一項第四号、第百七十四条、第百七十五条及び第二百十二条第三項の規定は、特定目的信託（信託された資産の流動化に関する法律第二条第一項に規定する特定資産が主として有価証券であるものとして政令で定めるものに限る。以下この項において同じ。）の受託法人（所得税法第六条の三に規定する受託法人（第二条の二第二項において準用する同法第六条の三第一号の規定により内国法人としてこの法律の規定を適用するものに限る。）をいう。）が当該特定目的信託の信託財産に属する公社債等につき国内において利子等又は配当等の支払をする者の備え付ける帳簿に、当該公社債等が当該信託財産に属する旨その他財務省令で定める事項の登載を受けている場合には、当該公社債等についてその登載を受けている期間内に支払われる当該利子等又は配当等については、適用しない。 art-9-4/par-3 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-3 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-3 Where the Trust Corporation (meaning a Trust Corporation prescribed in Article 6-3 of the Income Tax Act (limited to one to which the provisions of this Act apply as a domestic corporation pursuant to the provisions of Article 6-3, item (i) of that Act as applied mutatis mutandis pursuant to Article 2-2, paragraph (2))) of a special purpose trust (limited to one specified by Cabinet Order as a trust whose entrusted specified assets prescribed in Article 2, paragraph (1) of the Act on the Securitization of Assets are mainly securities; hereinafter the same applies in this paragraph) has had the fact that public and corporate bonds, etc. belonging to the trust property of the special purpose trust belong to that trust property, and other matters specified by Order of the Ministry of Finance, entered in the books kept by the person who pays interest and similar income or dividends and similar income in Japan on the public and corporate bonds, etc., the provisions of Article 7, paragraph (1), item (iv), Article 174, Article 175, and Article 212, paragraph (3) of the Income Tax Act do not apply to the interest and similar income or dividends and similar income paid on the public and corporate bonds, etc. within the period during which the entry has been made. machine translation, not official **第四項** 所得税法第七条第一項第五号、第百七十八条、第百七十九条並びに第二百十二条第一項及び第二項の規定は、同法第百八十条の二第一項に規定する外国信託会社が、その引き受けた証券投資信託以外の投資信託の信託財産に属する公社債等につき同法第百六十一条第一項第八号（同号ハを除く。）又は第九号に掲げる国内源泉所得（以下この項において「特定国内源泉所得」という。）の支払をする者の備え付ける帳簿に、当該公社債等が当該信託財産に属する旨その他財務省令で定める事項の登載を受けている場合には、当該公社債等についてその登載を受けている期間内に支払われる当該特定国内源泉所得については、適用しない。 art-9-4/par-4 · https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-4 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-4 Where a foreign trust company prescribed in Article 180-2, paragraph (1) of the Income Tax Act has had the fact that public and corporate bonds, etc. belonging to the trust property of an investment trust other than a securities investment trust which it has undertaken belong to that trust property, and other matters specified by Order of the Ministry of Finance, entered in the books kept by the person who pays, on the public and corporate bonds, etc., domestic source income listed in Article 161, paragraph (1), item (viii) (excluding (c) of that item) or item (ix) of that Act (hereinafter referred to in this paragraph as "specified domestic source income"), the provisions of Article 7, paragraph (1), item (v), Article 178, Article 179, and Article 212, paragraphs (1) and (2) of that Act do not apply to the specified domestic source income paid on the public and corporate bonds, etc. within the period during which the entry has been made. machine translation, not official --- ## Cites - art-9-4/par-1: 第百七十四条 → 所得税法 第百七十四条 (Article 174), art-174 — https://japanlaw.org/en/income-tax-act/art-174 · https://japanlaw.org/l/340AC0000000033/art-174 - art-9-4/par-1: 第百七十五条 → 所得税法 第百七十五条 (Article 175), art-175 — https://japanlaw.org/en/income-tax-act/art-175 · https://japanlaw.org/l/340AC0000000033/art-175 - art-9-4/par-1: この条 → 租税特別措置法 第九条の四 (Article 9-4), art-9-4 — https://japanlaw.org/en/special-taxation-measures-act/art-9-4 · https://japanlaw.org/l/332AC0000000026/art-9-4 - art-9-4/par-1: 第二百十二条第三項 → 所得税法 第二百十二条第三項 (Article 212, paragraph (3)), art-212/par-3 — https://japanlaw.org/en/income-tax-act/art-212/par-3 · https://japanlaw.org/l/340AC0000000033/art-212/par-3 - art-9-4/par-1: 同法第二十三条第一項 → 所得税法 第二十三条第一項 (Article 23, paragraph (1)), art-23/par-1 — https://japanlaw.org/en/income-tax-act/art-23/par-1 · https://japanlaw.org/l/340AC0000000033/art-23/par-1 - art-9-4/par-1: 同法第二十四条第一項 → 所得税法 第二十四条第一項 (Article 24, paragraph (1)), art-24/par-1 — https://japanlaw.org/en/income-tax-act/art-24/par-1 · https://japanlaw.org/l/340AC0000000033/art-24/par-1 - art-9-4/par-1: 所得税法第七条第一項第四号 → 所得税法 第七条第一項第四号 (Article 7, paragraph (1), item (iv)), art-7/par-1/item-4 — https://japanlaw.org/en/income-tax-act/art-7/par-1/item-4 · https://japanlaw.org/l/340AC0000000033/art-7/par-1/item-4 - art-9-4/par-1/item-1: 投資信託及び投資法人に関する法律第二条第十二項 → e-Gov law 326AC0100000198, 第二条第十二項 (Article 2, paragraph (12)), art-2/par-12 — not held in this collection - art-9-4/par-1/item-1: この号 → 租税特別措置法 第九条の四第一項第一号 (Article 9-4, paragraph (1), item (i)), art-9-4/par-1/item-1 — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1/item-1 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1/item-1 - art-9-4/par-1/item-1/sub-2: 投資信託及び投資法人に関する法律第二条第十四項 → e-Gov law 326AC0100000198, 第二条第十四項 (Article 2, paragraph (14)), art-2/par-14 — not held in this collection - art-9-4/par-1/item-1/sub-2: 金融商品取引法第二条第三項 → e-Gov law 323AC0000000025, 第二条第三項 (Article 2, paragraph (3)), art-2/par-3 — not held in this collection - art-9-4/par-1/item-1/sub-2: 同項第一号 → e-Gov law 323AC0000000025, 第二条第三項第一号 (Article 2, paragraph (3), item (i)), art-2/par-3/item-1 — not held in this collection - art-9-4/par-1/item-2: 資産の流動化に関する法律第二条第三項 → e-Gov law 410AC0000000105, 第二条第三項 (Article 2, paragraph (3)), art-2/par-3 — not held in this collection - art-9-4/par-1/item-2: 同条第一項 → e-Gov law 410AC0000000105, 第二条第一項 (Article 2, paragraph (1)), art-2/par-1 — not held in this collection - art-9-4/par-2: 第百七十四条 → 所得税法 第百七十四条 (Article 174), art-174 — https://japanlaw.org/en/income-tax-act/art-174 · https://japanlaw.org/l/340AC0000000033/art-174 - art-9-4/par-2: 第百七十五条 → 所得税法 第百七十五条 (Article 175), art-175 — https://japanlaw.org/en/income-tax-act/art-175 · https://japanlaw.org/l/340AC0000000033/art-175 - art-9-4/par-2: 同法第百七十六条第一項 → 所得税法 第百七十六条第一項 (Article 176, paragraph (1)), art-176/par-1 — https://japanlaw.org/en/income-tax-act/art-176/par-1 · https://japanlaw.org/l/340AC0000000033/art-176/par-1 - art-9-4/par-2: 第八条の四第一項第二号 → 租税特別措置法 第八条の四第一項第二号 (Article 8-4, paragraph (1), item (ii)), art-8-4/par-1/item-2 — https://japanlaw.org/en/special-taxation-measures-act/art-8-4/par-1/item-2 · https://japanlaw.org/l/332AC0000000026/art-8-4/par-1/item-2 - art-9-4/par-2: 第四項 → 租税特別措置法 第九条の四第四項 (Article 9-4, paragraph (4)), art-9-4/par-4 — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-4 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-4 - art-9-4/par-2: 第二百十二条第三項 → 所得税法 第二百十二条第三項 (Article 212, paragraph (3)), art-212/par-3 — https://japanlaw.org/en/income-tax-act/art-212/par-3 · https://japanlaw.org/l/340AC0000000033/art-212/par-3 - art-9-4/par-2: 所得税法第七条第一項第四号 → 所得税法 第七条第一項第四号 (Article 7, paragraph (1), item (iv)), art-7/par-1/item-4 — https://japanlaw.org/en/income-tax-act/art-7/par-1/item-4 · https://japanlaw.org/l/340AC0000000033/art-7/par-1/item-4 - art-9-4/par-3: 第百七十四条 → 所得税法 第百七十四条 (Article 174), art-174 — https://japanlaw.org/en/income-tax-act/art-174 · https://japanlaw.org/l/340AC0000000033/art-174 - art-9-4/par-3: 第百七十五条 → 所得税法 第百七十五条 (Article 175), art-175 — https://japanlaw.org/en/income-tax-act/art-175 · https://japanlaw.org/l/340AC0000000033/art-175 - art-9-4/par-3: 第二百十二条第三項 → 所得税法 第二百十二条第三項 (Article 212, paragraph (3)), art-212/par-3 — https://japanlaw.org/en/income-tax-act/art-212/par-3 · https://japanlaw.org/l/340AC0000000033/art-212/par-3 - art-9-4/par-3: 所得税法第六条の三 → 所得税法 第六条の三 (Article 6-3), art-6-3 — https://japanlaw.org/en/income-tax-act/art-6-3 · https://japanlaw.org/l/340AC0000000033/art-6-3 - art-9-4/par-3: 同法第六条の三第一号 → 所得税法 第六条の三第一項第一号 (Article 6-3, paragraph (1), item (i)), art-6-3/par-1/item-1 — https://japanlaw.org/en/income-tax-act/art-6-3/par-1/item-1 · https://japanlaw.org/l/340AC0000000033/art-6-3/par-1/item-1 - art-9-4/par-3: 所得税法第七条第一項第四号 → 所得税法 第七条第一項第四号 (Article 7, paragraph (1), item (iv)), art-7/par-1/item-4 — https://japanlaw.org/en/income-tax-act/art-7/par-1/item-4 · https://japanlaw.org/l/340AC0000000033/art-7/par-1/item-4 - art-9-4/par-3: 第二条の二第二項 → 租税特別措置法 第二条の二第二項 (Article 2-2, paragraph (2)), art-2-2/par-2 — https://japanlaw.org/en/special-taxation-measures-act/art-2-2/par-2 · https://japanlaw.org/l/332AC0000000026/art-2-2/par-2 - art-9-4/par-3: この項 → 租税特別措置法 第九条の四第三項 (Article 9-4, paragraph (3)), art-9-4/par-3 — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-3 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-3 - art-9-4/par-4: 同法第百六十一条第一項第八号 → 所得税法 第百六十一条第一項第八号 (Article 161, paragraph (1), item (viii)), art-161/par-1/item-8 — https://japanlaw.org/en/income-tax-act/art-161/par-1/item-8 · https://japanlaw.org/l/340AC0000000033/art-161/par-1/item-8 - art-9-4/par-4: 第九号 → 所得税法 第百六十一条第一項第九号 (Article 161, paragraph (1), item (ix)), art-161/par-1/item-9 — https://japanlaw.org/en/income-tax-act/art-161/par-1/item-9 · https://japanlaw.org/l/340AC0000000033/art-161/par-1/item-9 - art-9-4/par-4: 第百七十八条 → 所得税法 第百七十八条 (Article 178), art-178 — https://japanlaw.org/en/income-tax-act/art-178 · https://japanlaw.org/l/340AC0000000033/art-178 - art-9-4/par-4: 第百七十九条 → 所得税法 第百七十九条 (Article 179), art-179 — https://japanlaw.org/en/income-tax-act/art-179 · https://japanlaw.org/l/340AC0000000033/art-179 - art-9-4/par-4: 同法第百八十条の二第一項 → 所得税法 第百八十条の二第一項 (Article 180-2, paragraph (1)), art-180-2/par-1 — https://japanlaw.org/en/income-tax-act/art-180-2/par-1 · https://japanlaw.org/l/340AC0000000033/art-180-2/par-1 - art-9-4/par-4: 第二百十二条第一項 → 所得税法 第二百十二条第一項 (Article 212, paragraph (1)), art-212/par-1 — https://japanlaw.org/en/income-tax-act/art-212/par-1 · https://japanlaw.org/l/340AC0000000033/art-212/par-1 - art-9-4/par-4: 第二項 → 所得税法 第二百十二条第二項 (Article 212, paragraph (2)), art-212/par-2 — https://japanlaw.org/en/income-tax-act/art-212/par-2 · https://japanlaw.org/l/340AC0000000033/art-212/par-2 - art-9-4/par-4: 所得税法第七条第一項第五号 → 所得税法 第七条第一項第五号 (Article 7, paragraph (1), item (v)), art-7/par-1/item-5 — https://japanlaw.org/en/income-tax-act/art-7/par-1/item-5 · https://japanlaw.org/l/340AC0000000033/art-7/par-1/item-5 - art-9-4/par-4: この項 → 租税特別措置法 第九条の四第四項 (Article 9-4, paragraph (4)), art-9-4/par-4 — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-4 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-4 ## Cited by 5 provisions cite this one. No official source publishes this direction. - 租税特別措置法 第九条の四第一項（特定の投資法人等の運用財産等に係る利子等の課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1 - 租税特別措置法 第九条の四第一項第一号（特定の投資法人等の運用財産等に係る利子等の課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-1/item-1 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-1/item-1 - 租税特別措置法 第九条の四第二項（特定の投資法人等の運用財産等に係る利子等の課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-2 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-2 - 租税特別措置法 第九条の四第三項（特定の投資法人等の運用財産等に係る利子等の課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-3 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-3 - 租税特別措置法 第九条の四第四項（特定の投資法人等の運用財産等に係る利子等の課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-9-4/par-4 · https://japanlaw.org/l/332AC0000000026/art-9-4/par-4 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 租税特別措置法 — the text in force from 2026-10-01 (https://laws.e-gov.go.jp/law/332AC0000000026/20261001_508AC0000000012), retrieved 2026-10-07 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Act on Special Measures Concerning Taxation — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/3132/tb), retrieved 2026-10-07 - claude-opus-5-5 — Machine translation, batch special-taxation-measures-act-20261007T211206-013, translated 2026-10-08 - This site's parser, version 165 — 租税特別措置法 — structure, counts, cross-references and defined terms, computed 2026-10-07