BRIEFING ON THE 1968-69 AMENDMENT TO THE SPECIAL TAXATION MEASURES LAW(RELATING TO INCOME TAX)(III)
V. Amendments concerning Reserve System / 1
No.1 Amendment concerning Reserve for Price Fluctuations / 1
1. Outlines and Intent of the Amendment / 1
(1) Outlines of the Amendment / 1
(2) Intent of the Amendment / 1
2. Particulars of the Amendment / 2
3. Interim Measures / 3
(1) Particulars / 3
(2) Computation Examples / 4
No.2 Amendment concerning Reserve for Overseas Market Cultivation / 7
1. Intent of the Amendment / 7
2. Particulars of the Amendment / 7
VI. Amendment concerning the Special Deduction System for Overseas Transactions in Technology,etc. / 8
1. Expansion of Scope of Overseas Transactions in Technology,etc.Coming under Application of the System / 8
2. Method of Special Deduction / 10
3. Export Certificate / 11
VII. Amendment concerning Special Rule of Taxation of Mining Income / 12
No.1 Extension of Application Period,etc.of Mining Reserve System / 12
1. Extension of Application Period / 12
2. Amendment concerning Computation of Limit‐amount of Accumulation / 12
3. Interim Measure / 13
No.2 Amendment concerning Special Deduction System for New Mineral Deposits Prospecting Expenses / 13
VIII. Amendments concerning Special Rule of Taxation of Capital Gains / 13
No.1 Extention of Application Period of Special Rule concerning Exchange by Purchase of Business Assets / 13
No.2 Amendment concerning Return Requirement for Special Deduction for Capital Gains respecting Specified Housing Site Creation Work / 14
No.3 Simplification of Non‐taxation System for Capital gains,etc.in Case of Contribution of Property to Juridical Person for Public Good,etc. / 14
No.4 Amendment concerning Expropriation Certificate for Enjoyment of Application of Special Rule of Taxation in Case of Expropriation,etc. / 15
1. Outlines and Intent of the Amendment / 15
(1) Outlines of the Amendment / 15
(2) Intent of the Amendment / 15
2. Particulars of the Amendment / 16
3. Interim Measure / 16
IX. Loosening of Return Requirement for Application of Special Rules / 16
1. Outlines and Intent of the Amendment / 16
(1) Outlines of the Amendment / 16
(2) Intent of the Amendment / 17
2. Particulars of the Amendment / 17
(1) Basic concepts / 17
SPECIAL TAXATION MEASURES LAW
CHAPTER II EXCEPTIONS TO THE INCOME TAX LAW
Subsection 4 Exceptional Rules concerning Taxation of Capital Gains in Case of Exchange by Purchase,etc.of Specified Assets(Arts.38-(3) through 38-(11)) / 1
Subsection 5 Exceptional Rules concerning Taxation of Capital Gains,etc.in Case of Emigration(Arts.38-(12)and 38-(13)) / 30
Subsection 6 Other Exceptional Rules(Arts.39 through 41) / 36
Section 5 Deduction for Housing Savings(Arts.41-(2) through 41-(6)) / 42
Section 6 Other Exceptional Rules(Arts.41-(7) through 41-(13)) / 49
