INHERITANCE TAX AND GIFT TAX ACT
ALL
CHAPTER I GENERAL PROVISIONS
Article 1 (Purpose)
Article 2 (Definitions)
Article 3 (Property Subject to Inheritance Tax)
Article 3-2 (Inheritance Tax Obligation)
Article 4 (Property Subject to Gift Tax)
Article 4-2 (Obligations to Pay Gift Tax)
Article 5 (Location of Inherited Property)
Article 6 (Jurisdiction over Taxation)
CHAPTER II ASSESSMENT STANDARD AND CALCULATION OF INHERITANCE TAX
SECTION 1 Inherited Property
Article 7 Deleted.
Article 8 (Insurance Proceeds Deemed Inherited Property)
Article 9 (Trust Property Deemed Inherited Property)
Article 10 (Retirement Allowance Deemed Inherited Property)
SECTION 2 Non-Taxation
Article 11 (Non-Taxation of Inheritance Tax on War Dead)
Article 12 (Non-Taxable Inherited Property)
SECTION 3 Taxable Value of Inherited Property
Article 13 (Taxable Value of Inherited Property)
Article 14 (Public Imposts Deducted from Value of Inherited Property)
Article 15 (Presumption of Inheritance to Property Disposed of Prior to Commencement Date of Inheritance)
SECTION 4 Non-Inclusion of Property Contributed for Public Interest in Taxable Value
Article 16 (Non-Inclusion of Property Donated to Public Service Corporations in Taxable Value of Inherited Property)
Article 17 (Non-Inclusion of Property Trusted for Public Interest in Taxable Value of Inheritance)
SECTION 5 Inheritance Deductions
Article 18 (Basic Deductions)
Article 19 (Inheritance Deductions for Surviving Spouses)
Article 20 (Other Personal Deductions)
Article 21 (Blanket Deduction)
Article 22 (Inheritance Tax Deductions for Financial Property)
Article 23 (Casualty Loss Deductions)
Article 23-2 (Inheritance Tax Deductions for Houses in which Ancestors and Heirs Have Lived Together)
Article 24 (Limitations on Deductions to Be Applied)
SECTION 6 Tax Basis and Tax Rates
Article 25 (Tax Basis and Minimum Taxables of Inheritance Taxes)
Article 26 (Inheritance Tax Rates)
Article 27 (Extra Taxation on Generation-Skipping Inheritance)
SECTION 7 Tax Credit
Article 28 (Gift Tax Credit)
Article 29 (Foreign Tax Credit)
Article 30 (Tax Credit for Short-Term Re-Inheritance)
CHAPTER III ASSESSMENT STANDARD AND CALCULATION OF GIFT TAX
SECTION 1 Donated Property
Article 31 (General Principles for Calculation of Value of Donated Property)
Article 32 (Time of Acquisition of Donated Property)
Article 33 (Donation of Profits from Trust)
Article 34 (Donation of Insurance Proceeds)
Article 35 (Donation of Profits from Acquisition at Low Price or Transfer at High Price)
Article 36 (Donation Resulting from Exemption from Financial Obligations)
Article 37 (Donation of Profits Resulting from Gratuitous Use of Real Estate)
Article 38 (Donation of Profits Resulting from Merger)
Article 39 (Donation of Profits Generating from Capital Increase)
Article 39-2 (Donation of Profits Resulting from Capital Reduction)
Article 39-3 (Donation of Profits from Investment in Kind)
Article 40 (Donation of Profits from Conversion of Convertible Bonds into Stocks)
Article 41 Deleted.
Article 41-2 (Donation of Profits from Excessive Dividends)
Article 41-3 (Donation of Profits from Listing of Stocks)
Article 41-4 (Donation of Profits from Gratuitous Loans of Money)
Article 41-5 (Donation of Profits from Listing of Stocks Following Merger)
Article 42 (Donation of Profits Following Use of Property, Provision of Services)
Article 42-2 (Donation of Profits Following Corporate Reorganization)
Article 42-3 (Donation of Profits Resulting from Increase in Value of Property After Acquisition of Property)
Article 43 (Special Cases concerning Imposition of Gift Tax)
SECTION 2 Presumption and Legal Fiction of Donation
Article 44 (Presumption of Donation of Property Transferred to Spouse)
Article 45 (Presumption of Donation of Funds to Acquire Property)
Article 45-2 (Deeming Property Registered in Name of Another Person to Have Been Donated)
Article 45-3 (Deeming Profits to Have Been Donated through Transactions with Specially Related Corporations)
Article 45-4 (Deeming Profits Accruing from Business Opportunities Provided by Specially Related Corporations to Have Been Donated)
Article 45-5 (Deeming Profits to Have Been Donated through Transactions with Specific Corporations)
SECTION 3 Taxable Value of Donated Property
Article 46 (Donated Property Not Subject to Taxation)
Article 47 (Taxable Value of Gift)
SECTION 4 Non-Inclusion in Taxable Value of Property Contributed for Public Interest
Article 48 (Non-Inclusion in Taxable Value of Property Contributed to Public-Service Corporations)
Article 49 (Upper Limits of Holding Stocks by Public Service Corporations)
Article 50 (Obligations of Public Service Corporations to Undergo Tax Verification and Audit)
Article 50-2 (Public Service Corporation's Duty to Open and Use Exclusive Accounts)
Article 50-3 (Obligations of Public Service Corporations to Publicly Announce Statements of Settlement of Accounts)
Article 50-4 (Accounting Standards Applied to Public Service Corporations)
Article 51 (Duty to Prepare and Keep Books and Records)
Article 52 (Non-Inclusion of Property Held in Public Trust in Taxable Value)
Article 52-2 (Non-Inclusion in Taxable Value of Property Donated to Disabled Persons)
SECTION 5 Donation Deductions
Article 53 (Gift Deductions)
Article 54 (Provisions to be Applied Mutatis Mutandis)
SECTION 6 Tax Basis and Tax Rate
Article 55 (Gift Tax Base and Minimum Taxable Gift)
Article 56 (Gift Tax Rates)
Article 57 (Extra Taxation on Donation to Lineal Descendants)
SECTION 7 Tax Credit
Article 58 (Credit of Amount of Tax Already Paid or to be Paid)
Article 59 (Deduction of Amount of Tax Paid in Foreign Countries)
CHAPTER IV ASSESSMENT OF PROPERTY
Article 60 (Principles of Assessment)
Article 61 (Assessment of Real Estate)
Article 62 (Assessment of Vessels and other Tangible Assets)
Article 63 (Assessment of Securities)
Article 64 (Value of Intangible Property Rights)
Article 65 (Assessment of other Conditional Rights)
Article 66 (Special Cases concerning Assessment of Property for which Mortgages are Created)
CHAPTER V REPORTING AND PAYMENT
SECTION 1 Reporting
Article 67 (Inheritance Tax Base Return)
Article 68 (Gift Tax Base Return)
Article 69 (Deduction of Reported Amount of Tax)
SECTION 2 Payment
Article 70 (Voluntary Payment)
Article 71 (Payment in Annual Installments)
Article 72 (Additional Dues on Payment in Annual Installments)
Article 73 (Payment in Kind)
Article 74 (Deferment of Collection of Inheritance Tax on Cultural Heritage Resources)
Article 75 (Provisions to be Applied Mutatis Mutandis)
CHAPTER VI DETERMINATION AND CORRECTION
Article 76 (Determination and Correction)
Article 77 (Notification of Determination of Tax Base and Amount of Tax)
Article 78 (Additional Tax)
Article 79 (Special Cases concerning Requests for Correction)
CHAPTER VII SUPPLEMENTARY PROVISIONS
Article 80 (Provision of Data)
Article 81 Deleted.
Article 82 (Submission of Payment Records)
Article 83 (General Inquiry about Financial Property)
Article 84 (Questioning and Investigations)
Article 85 (Collection and Management of Taxation Data by Each Taxpayer)
Article 86 (Prohibition on Levy of Value-Added Tax)