# 租税特別措置法 / Act on Special Measures Concerning Taxation — 第六十六条 (Article 66) - 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: 第六十六条 (Article 66)（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — address `art-66` - Text in force since: 2026-10-01 - URL (the page that opens at this provision): https://japanlaw.org/ja/special-taxation-measures-act/art-66 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/332AC0000000026/art-66 - 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. --- ### 第六十六条（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — Special Provisions on Taxation in the Case of Exchange of Specified Ordinary Property for Adjacent Land, etc. caption: machine translation, not official art-66 · https://japanlaw.org/ja/special-taxation-measures-act/art-66 · https://japanlaw.org/l/332AC0000000026/art-66 **第一項** 法人が、その有する国有財産特別措置法第九条第二項の普通財産のうち同項に規定する土地等として財務省令で定めるところにより証明がされたもの（以下この項において「特定普通財産」という。）に隣接する土地（当該特定普通財産の上に存する権利を含むものとし、棚卸資産を除く。以下この項において「所有隣接土地等」という。）につき、同条第二項の規定により当該所有隣接土地等と当該特定普通財産との交換（政令で定める交換を除く。以下この項及び次項において同じ。）をしたとき（第六十五条の九に規定する交換差金（次項において「交換差金」という。）を取得し、又は支払つた場合を含む。）は、当該交換により取得した特定普通財産（以下この条において「交換取得資産」という。）につき、当該交換取得資産の取得価額から当該交換により譲渡をした所有隣接土地等（次項において「交換譲渡資産」という。）の譲渡直前の帳簿価額を控除した残額（以下この項及び第四項において「圧縮限度額」という。）の範囲内で当該交換取得資産の帳簿価額を損金経理により減額し、又はその帳簿価額を減額することに代えてその圧縮限度額以下の金額を当該事業年度の確定した決算において積立金として積み立てる方法（当該事業年度の決算の確定の日までに剰余金の処分により積立金として積み立てる方法を含む。）により経理したときに限り、その減額し、又は経理した金額に相当する金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。 art-66/par-1 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 If a corporation has, with regard to land held by it that is adjacent to ordinary property under Article 9, paragraph (2) of the Act on Special Measures concerning National Property that has been certified, pursuant to the provisions of Order of the Ministry of Finance, as land, etc. prescribed in that paragraph (hereinafter referred to in this paragraph as "specified ordinary property") (including a right existing on the specified ordinary property, and excluding inventory assets; hereinafter referred to in this paragraph as "owned adjacent land, etc."), exchanged the owned adjacent land, etc. for the specified ordinary property pursuant to the provisions of paragraph (2) of that Article (excluding an exchange specified by Cabinet Order; hereinafter the same applies in this paragraph and the following paragraph) (including the case where it has acquired or paid an exchange balancing payment prescribed in Article 65-9 (referred to in the following paragraph as an "exchange balancing payment")), then, only if, with regard to the specified ordinary property acquired through the exchange (hereinafter referred to in this Article as an "asset acquired by exchange"), the corporation has reduced the book value of the asset acquired by exchange through accounting as an expense or loss within the limit of the amount remaining after deducting, from the acquisition price of the asset acquired by exchange, the book value immediately before the transfer of the owned adjacent land, etc. transferred through the exchange (referred to in the following paragraph as an "asset transferred by exchange") (hereinafter referred to in this paragraph and paragraph (4) as the "reduction entry limit"), or has, instead of reducing its book value, accounted for an amount not exceeding the reduction entry limit by the method of setting it aside as a reserve in the finalized settlement of accounts for that business year (including the method of setting it aside as a reserve through the appropriation of surplus by the day on which the settlement of accounts for that business year is finalized), the amount equivalent to the amount so reduced or accounted for is included in deductible expenses in calculating the amount of income for that business year. machine translation, not official **第二項** 前項に規定する譲渡直前の帳簿価額は、次の各号に掲げる場合に該当する場合には、当該各号に定める金額とする。 art-66/par-2 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2 · https://japanlaw.org/l/332AC0000000026/art-66/par-2 The book value immediately before the transfer prescribed in the preceding paragraph is, in the cases listed in the following items, to be the amount specified in the relevant item: machine translation, not official **一** 交換取得資産とともに交換差金を取得した場合　帳簿価額から当該帳簿価額のうち当該交換差金の額に対応するものとして政令で定めるところにより計算した金額を控除した金額 art-66/par-2/item-1 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2/item-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-2/item-1 where the corporation has acquired an exchange balancing payment together with the asset acquired by exchange: the amount remaining after deducting, from the book value, the amount calculated pursuant to the provisions of Cabinet Order as the portion of the book value corresponding to the amount of that exchange balancing payment; machine translation, not official **二** 当該交換とともに交換差金を支出した場合　帳簿価額に当該交換差金の額を加算した金額 art-66/par-2/item-2 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2/item-2 · https://japanlaw.org/l/332AC0000000026/art-66/par-2/item-2 where the corporation has paid an exchange balancing payment together with the exchange: the amount obtained by adding the amount of that exchange balancing payment to the book value; machine translation, not official **三** 交換譲渡資産の交換に要した経費で交換取得資産に係るものとして政令で定めるところにより計算した金額がある場合　帳簿価額に当該計算した金額を加算した金額 art-66/par-2/item-3 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2/item-3 · https://japanlaw.org/l/332AC0000000026/art-66/par-2/item-3 where there is an amount calculated pursuant to the provisions of Cabinet Order as expenses required for the exchange of the asset transferred by exchange that pertain to the asset acquired by exchange: the amount obtained by adding that calculated amount to the book value. machine translation, not official **第三項** 第六十五条の七第五項及び第六項の規定は第一項の規定を適用する場合について、同条第八項の規定は第一項の規定の適用を受けた交換取得資産について、それぞれ準用する。 art-66/par-3 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-3 · https://japanlaw.org/l/332AC0000000026/art-66/par-3 The provisions of Article 65-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied, and the provisions of paragraph (8) of that Article apply mutatis mutandis to an asset acquired by exchange to which the provisions of paragraph (1) have been applied. machine translation, not official **第四項** 法人が、第一項に規定する交換をした日を含む事業年度において適格分割、適格現物出資又は適格現物分配（その日以後に行われるものに限る。以下この項及び第六項において「適格分割等」という。）を行う場合において、当該事業年度開始の時から当該適格分割等の直前の時までの間に取得した当該交換に係る交換取得資産を当該適格分割等により分割承継法人、被現物出資法人又は被現物分配法人に移転するときは、当該交換取得資産につき、当該交換取得資産に係る圧縮限度額に相当する金額の範囲内でその帳簿価額を減額したときに限り、当該減額した金額に相当する金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。 art-66/par-4 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 If a corporation carries out, in the business year that includes the day on which it made the exchange prescribed in paragraph (1), a qualified company split, a qualified capital contribution in kind or a qualified in-kind distribution (limited to one carried out on or after that day; hereinafter referred to in this paragraph and paragraph (6) as a "qualified company split, etc."), and transfers an asset acquired by exchange pertaining to that exchange that it acquired during the period from the beginning of that business year until immediately before the qualified company split, etc. to a successor corporation in a company split, a corporation receiving a capital contribution in kind or a corporation receiving a distribution in kind through the qualified company split, etc., then, only if, with regard to that asset acquired by exchange, the corporation has reduced its book value within the limit of the amount equivalent to the reduction entry limit pertaining to that asset acquired by exchange, the amount equivalent to the amount so reduced is included in deductible expenses in calculating the amount of income for that business year. machine translation, not official **第五項** 第六十五条の七第八項の規定は、前項の規定の適用を受けた交換取得資産について準用する。 art-66/par-5 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-5 · https://japanlaw.org/l/332AC0000000026/art-66/par-5 The provisions of Article 65-7, paragraph (8) apply mutatis mutandis to an asset acquired by exchange to which the provisions of the preceding paragraph have been applied. machine translation, not official **第六項** 第四項の規定は、同項の規定の適用を受けようとする法人が適格分割等の日以後二月以内に同項に規定する減額した金額その他の財務省令で定める事項を記載した書類を納税地の所轄税務署長に提出した場合に限り、適用する。 art-66/par-6 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-6 · https://japanlaw.org/l/332AC0000000026/art-66/par-6 The provisions of paragraph (4) apply only if the corporation seeking the application of the provisions of that paragraph has submitted to the district director with jurisdiction over the place for tax payment, within two months after the day of the qualified company split, etc., a document stating the reduced amount prescribed in that paragraph and other matters specified by Order of the Ministry of Finance. machine translation, not official **第七項** 第六十五条の七第十三項の規定は、第一項又は第四項の規定の適用を受けた交換取得資産について準用する。 art-66/par-7 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-7 · https://japanlaw.org/l/332AC0000000026/art-66/par-7 The provisions of Article 65-7, paragraph (13) apply mutatis mutandis to an asset acquired by exchange to which the provisions of paragraph (1) or (4) have been applied. machine translation, not official **第八項** 第二項、第三項及び前三項に定めるもののほか、第一項又は第四項の規定の適用に関し必要な事項は、政令で定める。 art-66/par-8 · https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-8 · https://japanlaw.org/l/332AC0000000026/art-66/par-8 Beyond what is specified in paragraphs (2) and (3) and the preceding three paragraphs, necessary matters concerning the application of the provisions of paragraph (1) or (4) are specified by Cabinet Order. machine translation, not official --- ## Cites - art-66/par-1: 国有財産特別措置法第九条第二項 → e-Gov law 327AC0000000219, 第九条第二項 (Article 9, paragraph (2)), art-9/par-2 — not held in this collection - art-66/par-1: 第四項 → 租税特別措置法 第六十六条第四項 (Article 66, paragraph (4)), art-66/par-4 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - art-66/par-1: 第六十五条の九 → 租税特別措置法 第六十五条の九 (Article 65-9), art-65-9 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-9 · https://japanlaw.org/l/332AC0000000026/art-65-9 - art-66/par-1: この項 → 租税特別措置法 第六十六条第一項 (Article 66, paragraph (1)), art-66/par-1 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 - art-66/par-1: 次項 → 租税特別措置法 第六十六条第二項 (Article 66, paragraph (2)), art-66/par-2 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2 · https://japanlaw.org/l/332AC0000000026/art-66/par-2 - art-66/par-1: この条 → 租税特別措置法 第六十六条 (Article 66), art-66 — https://japanlaw.org/ja/special-taxation-measures-act/art-66 · https://japanlaw.org/l/332AC0000000026/art-66 - art-66/par-2: 前項 → 租税特別措置法 第六十六条第一項 (Article 66, paragraph (1)), art-66/par-1 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 - art-66/par-3: 第六項 → 租税特別措置法 第六十五条の七第六項 (Article 65-7, paragraph (6)), art-65-7/par-6 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-7/par-6 · https://japanlaw.org/l/332AC0000000026/art-65-7/par-6 - art-66/par-3: 第六十五条の七第五項 → 租税特別措置法 第六十五条の七第五項 (Article 65-7, paragraph (5)), art-65-7/par-5 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-7/par-5 · https://japanlaw.org/l/332AC0000000026/art-65-7/par-5 - art-66/par-3: 第一項 → 租税特別措置法 第六十六条第一項 (Article 66, paragraph (1)), art-66/par-1 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 - art-66/par-3: 同条第八項 → 租税特別措置法 第六十五条の七第八項 (Article 65-7, paragraph (8)), art-65-7/par-8 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-7/par-8 · https://japanlaw.org/l/332AC0000000026/art-65-7/par-8 - art-66/par-4: この項 → 租税特別措置法 第六十六条第四項 (Article 66, paragraph (4)), art-66/par-4 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - art-66/par-4: 第六項 → 租税特別措置法 第六十六条第六項 (Article 66, paragraph (6)), art-66/par-6 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-6 · https://japanlaw.org/l/332AC0000000026/art-66/par-6 - art-66/par-4: 第一項 → 租税特別措置法 第六十六条第一項 (Article 66, paragraph (1)), art-66/par-1 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 - art-66/par-5: 前項 → 租税特別措置法 第六十六条第四項 (Article 66, paragraph (4)), art-66/par-4 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - art-66/par-5: 第六十五条の七第八項 → 租税特別措置法 第六十五条の七第八項 (Article 65-7, paragraph (8)), art-65-7/par-8 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-7/par-8 · https://japanlaw.org/l/332AC0000000026/art-65-7/par-8 - art-66/par-6: 第四項 → 租税特別措置法 第六十六条第四項 (Article 66, paragraph (4)), art-66/par-4 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - art-66/par-7: 第四項 → 租税特別措置法 第六十六条第四項 (Article 66, paragraph (4)), art-66/par-4 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - art-66/par-7: 第六十五条の七第十三項 → 租税特別措置法 第六十五条の七第十三項 (Article 65-7, paragraph (13)), art-65-7/par-13 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-7/par-13 · https://japanlaw.org/l/332AC0000000026/art-65-7/par-13 - art-66/par-7: 第一項 → 租税特別措置法 第六十六条第一項 (Article 66, paragraph (1)), art-66/par-1 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 - art-66/par-8: 前三項 → 租税特別措置法 第六十六条第五項 (Article 66, paragraph (5)), art-66/par-5 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-5 · https://japanlaw.org/l/332AC0000000026/art-66/par-5 - art-66/par-8: 第四項 → 租税特別措置法 第六十六条第四項 (Article 66, paragraph (4)), art-66/par-4 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - art-66/par-8: 第三項 → 租税特別措置法 第六十六条第三項 (Article 66, paragraph (3)), art-66/par-3 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-3 · https://japanlaw.org/l/332AC0000000026/art-66/par-3 - art-66/par-8: 前三項 → 租税特別措置法 第六十六条第六項 (Article 66, paragraph (6)), art-66/par-6 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-6 · https://japanlaw.org/l/332AC0000000026/art-66/par-6 - art-66/par-8: 前三項 → 租税特別措置法 第六十六条第七項 (Article 66, paragraph (7)), art-66/par-7 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-7 · https://japanlaw.org/l/332AC0000000026/art-66/par-7 - art-66/par-8: 第二項 → 租税特別措置法 第六十六条第二項 (Article 66, paragraph (2)), art-66/par-2 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2 · https://japanlaw.org/l/332AC0000000026/art-66/par-2 - art-66/par-8: 第一項 → 租税特別措置法 第六十六条第一項 (Article 66, paragraph (1)), art-66/par-1 — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 ## Cited by 15 provisions cite this one. No official source publishes this direction. - 租税特別措置法 第六十二条の三第十項（土地の譲渡等がある場合の特別税率） — https://japanlaw.org/ja/special-taxation-measures-act/art-62-3/par-10 · https://japanlaw.org/l/332AC0000000026/art-62-3/par-10 - 租税特別措置法 第六十三条第四項（短期所有に係る土地の譲渡等がある場合の特別税率） — https://japanlaw.org/ja/special-taxation-measures-act/art-63/par-4 · https://japanlaw.org/l/332AC0000000026/art-63/par-4 - 租税特別措置法 第六十五条の三第一項（特定土地区画整理事業等のために土地等を譲渡した場合の所得の特別控除） — https://japanlaw.org/ja/special-taxation-measures-act/art-65-3/par-1 · https://japanlaw.org/l/332AC0000000026/art-65-3/par-1 - 租税特別措置法 第六十五条の四第一項（特定住宅地造成事業等のために土地等を譲渡した場合の所得の特別控除） — https://japanlaw.org/ja/special-taxation-measures-act/art-65-4/par-1 · https://japanlaw.org/l/332AC0000000026/art-65-4/par-1 - 租税特別措置法 第六十五条の五第一項（農地保有の合理化のために農地等を譲渡した場合の所得の特別控除） — https://japanlaw.org/ja/special-taxation-measures-act/art-65-5/par-1 · https://japanlaw.org/l/332AC0000000026/art-65-5/par-1 - 租税特別措置法 第六十五条の五の二第一項 — https://japanlaw.org/ja/special-taxation-measures-act/art-65-5-2/par-1 · https://japanlaw.org/l/332AC0000000026/art-65-5-2/par-1 - 租税特別措置法 第六十六条第一項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-1 · https://japanlaw.org/l/332AC0000000026/art-66/par-1 - 租税特別措置法 第六十六条第二項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-2 · https://japanlaw.org/l/332AC0000000026/art-66/par-2 - 租税特別措置法 第六十六条第三項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-3 · https://japanlaw.org/l/332AC0000000026/art-66/par-3 - 租税特別措置法 第六十六条第四項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-4 · https://japanlaw.org/l/332AC0000000026/art-66/par-4 - 租税特別措置法 第六十六条第五項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-5 · https://japanlaw.org/l/332AC0000000026/art-66/par-5 - 租税特別措置法 第六十六条第六項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-6 · https://japanlaw.org/l/332AC0000000026/art-66/par-6 - 租税特別措置法 第六十六条第七項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-7 · https://japanlaw.org/l/332AC0000000026/art-66/par-7 - 租税特別措置法 第六十六条第八項（特定普通財産とその隣接する土地等の交換の場合の課税の特例） — https://japanlaw.org/ja/special-taxation-measures-act/art-66/par-8 · https://japanlaw.org/l/332AC0000000026/art-66/par-8 - 租税特別措置法 附則第百二十三条第二十七項（法人の資産の譲渡の場合の課税の特例に関する経過措置） — https://japanlaw.org/ja/special-taxation-measures-act/suppl-5021-8/art-123/par-27 · https://japanlaw.org/l/332AC0000000026/suppl-5021-8/art-123/par-27 --- ## 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-20261007T211206-143, translated 2026-10-08 - claude-opus-5-5 — Machine translation, batch special-taxation-measures-act-20261007T211206-144, 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