第二十三条内国法人が受ける次に掲げる金額（外国法人若しくは公益法人等又は人格のない社団等から受ける第一号に掲げるものを除く。以下この条において「配当等の額」という。）のうち、連結法人株式等（連結法人の株式又は出資のうち政令で定めるものをいう。以下この条において同じ。）及び関係法人株式等のいずれにも該当しない株式等（株式、出資又は受益権をいう。以下この条において同じ。）に係る配当等の額の百分の五十に相当する金額並びに関係法人株式等に係る配当等の額は、その内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

Article 23(1)The portion of the following amount that a domestic corporation receives (excluding the amount listed in item (i) that a domestic corporation receives from a foreign corporation, corporation in the public interest, etc. or an association or foundation without juridical personality; hereinafter referred to as the "amount of dividends, etc." in this Article), which is equivalent to 50 percent of the amount of dividends, etc. pertaining to the shares, etc. (meaning shares, capital contributions, or beneficial rights; hereinafter the same applies in this Article) that fall under neither of the shares, etc. of a consolidated corporation (meaning the shares or capital contributions of a consolidated corporation that are specified by Cabinet Order; hereinafter the same applies in this Article) nor the shares, etc. of an affiliated corporation, and the amount of dividends, etc. pertaining to the shares, etc. of an affiliated corporation is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year:

２内国法人が受ける配当等の額のうち、連結法人株式等に係る配当等の額は、その内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

(2)The amount of dividends, etc. pertaining to shares, etc. of a consolidated corporation, out of the amount of dividends, etc. that a domestic corporation receives, is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year.

３前二項の規定は、内国法人がその受ける配当等の額（次条第一項の規定により、その内国法人が受ける配当等の額とみなされる金額を除く。以下この項において同じ。）の元本である株式等をその配当等の額の支払に係る基準日（信託の収益の分配にあつては、その計算の基礎となつた期間の末日）以前一月以内に取得し、かつ、当該株式等又は当該株式等と銘柄を同じくする株式等を当該基準日後二月以内に譲渡した場合における当該譲渡した株式等のうち政令で定めるものの配当等の額については、適用しない。

(3)In the case where a domestic corporation acquired shares, etc., which are the principal for the amount of dividends, etc. receivable (excluding the amount deemed to be the amount of dividends, etc. that the domestic corporation is to receive pursuant to the provisions of paragraph (1) of the following Article; hereinafter the same applies in this paragraph), within one month prior to the base date for the payment of the amount of dividends, etc. (in the case of the distribution of proceeds from a trust, prior to the final day of the period that was used as the basis of the calculation) and then transferred the shares, etc. or other shares, etc. of the same issue within two months after the base date, the provisions of the preceding two paragraphs do not apply to the amount of dividends, etc. of the portion of the shares, etc. that is specified by Cabinet Order.

４第一項の場合において、同項の内国法人が当該事業年度において支払う負債の利子（これに準ずるものとして政令で定めるものを含むものとし、当該内国法人との間に連結完全支配関係がある連結法人に支払うものを除く。）があるときは、同項の規定により当該事業年度の所得の金額の計算上益金の額に算入しない金額は、次に掲げる金額の合計額とする。

(4)In the case referred to in paragraph (1), when there is any interest on liabilities that the domestic corporation set forth in the paragraph is to pay in the business year (such interest includes what is specified by Cabinet Order as being equivalent thereto and exclude what is to be paid to a consolidated corporation that has a consolidated full controlling interest in the domestic corporation), the amount to be excluded from gross profits, when calculating the amount of income for that business year, pursuant to the provisions of the paragraph, is to be the sum of the amounts listed as follows:

５第一項及び前項に規定する関係法人株式等とは、内国法人が他の内国法人（公益法人等及び人格のない社団等を除く。）の発行済株式又は出資（当該他の内国法人が有する自己の株式又は出資を除く。）の総数又は総額の百分の二十五以上に相当する数又は金額の株式又は出資を有する場合として政令で定める場合における当該他の内国法人の株式又は出資（連結法人株式等を除く。）をいう。

(5)The shares, etc. of an affiliated corporation prescribed in paragraph (1) and the preceding paragraph mean the shares or capital contributions (excluding the shares, etc. of a consolidated corporation) of another domestic corporation in the case specified by Cabinet Order as a case where a domestic corporation holds shares or capital contributions equivalent to 25 percent or more of the total number or total amount of issued shares or capital contributions of another domestic corporation (excluding a corporation in the public interest, etc. and an association or foundation without juridical personality) (such issued shares or capital contributions exclude shares that the second domestic corporation holds in itself and capital contributions it has made).

６第一項及び第二項の規定は、確定申告書に益金の額に算入されない配当等の額及びその計算に関する明細の記載がある場合に限り、適用する。この場合において、これらの規定により益金の額に算入されない金額は、当該金額として記載された金額を限度とする。

(6)The provisions of paragraph (1) and paragraph (2) apply only in the case where a tax return contains the amount of dividends, etc. that is to be excluded from gross profits and a detailed statement concerning the calculation thereof. In this case, the amount to be excluded from gross profits pursuant to these provisions does not exceed such recorded amount.

７税務署長は、第一項及び第二項の規定により益金の額に算入されないこととなる金額の全部又は一部につき前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、その記載がなかつた金額につき第一項及び第二項の規定を適用することができる。

(7)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph, with regard to the whole or a part of the amount to be excluded from gross profits pursuant to the provisions of paragraph (1) and paragraph (2), has been filed, the district director of the tax office may apply the provisions of paragraph (1) and paragraph (2), when they find any unavoidable grounds for the person's failure to make entries for such matters.

８適格合併、適格分割、適格現物出資又は適格事後設立により株式等の移転が行われた場合における第一項から第三項までの規定の適用その他第一項から第五項までの規定の適用に関し必要な事項は、政令で定める。

(8)Necessary matters concerning the application of the provisions of paragraphs (1) through (3) and the provisions of paragraphs (1) through (5) in the case where the shares, etc. have been transferred as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution are specified by Cabinet Order.

第二十四条法人（公益法人等及び人格のない社団等を除く。以下この条において同じ。）の株主等である内国法人が当該法人の次に掲げる事由により金銭その他の資産の交付を受けた場合において、その金銭の額及び金銭以外の資産の価額の合計額が当該法人の資本金等の額又は連結個別資本金等の額のうちその交付の基因となつた当該法人の株式又は出資に対応する部分の金額を超えるときは、この法律の規定の適用については、その超える部分の金額は、前条第一項第一号に掲げる金額とみなす。

Article 24(1)In the case where a domestic corporation that is a shareholder, etc. of a corporation (excluding corporations in the public interest, etc. and an association or foundation without juridical personality; hereinafter the same applies in this Article) has received a delivery of monies or other assets on any of the following grounds concerning the corporation, when the sum of the amount of the monies and the value of the assets other than monies exceeds the portion of the corporation's stated capital, etc. or consolidated individual stated capital, etc. that corresponds to the corporation's shares or capital contributions that were basic causes of the delivery, with regard to the application of the provisions of this Act, the amount of the excess is deemed to be the amount listed in Article 23, paragraph (1), item (i):

２合併法人が抱合株式（当該合併法人が合併の直前に有していた被合併法人の株式（出資を含む。以下この項において同じ。）又は被合併法人が当該合併の直前に有していた他の被合併法人の株式をいう。）に対し当該合併による株式の割当て又は当該株式以外の資産の交付をしなかつた場合においても、政令で定めるところにより当該合併法人が株式割当等（当該合併による当該株式の割当て又は当該資産の交付をいう。）を受けたものとみなして、前項の規定を適用する。

(2)Even in the case where an acquiring corporation had not allotted shares or delivered assets other than the shares as a result of the merger for tie-in shares (meaning the acquired corporation's shares (including capital contributions; hereinafter the same applies in this paragraph) that the acquiring corporation held as of immediately prior to the merger shares of a second acquired corporation that the first acquired corporation held as of immediately prior to the merger), the provisions of the preceding paragraph apply by deeming that the acquiring corporation has received the allotment of shares, etc. (meaning the allotment of the shares or delivery of the assets as a result of the merger) as specified by Cabinet Order.

３第一項に規定する株式又は出資に対応する部分の金額の計算の方法その他前二項の規定の適用に関し必要な事項は、政令で定める。

(3)Necessary matters concerning the method of calculating the amount of the portion corresponding to the shares or capital contributions prescribed in paragraph (1) and the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.

第二十五条内国法人がその有する資産の評価換えをしてその帳簿価額を増額した場合には、その増額した部分の金額は、その内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

Article 25(1)In the case where a domestic corporation has revaluated its assets to increase their book value, the amount of the increase is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year.

２内国法人がその有する資産につき会社更生法（平成十四年法律第百五十四号）又は金融機関等の更生手続の特例等に関する法律（平成八年法律第九十五号）の規定による更生計画認可の決定があつたことによりこれらの法律の規定に従つて行う評価換えその他政令で定める評価換えをしてその帳簿価額を増額した場合には、その増額した部分の金額は、前項の規定にかかわらず、これらの評価換えをした日の属する事業年度の所得の金額の計算上、益金の額に算入する。

(2)In the case where an order on the confirmation of a reorganization plan has been rendered for a domestic corporation under the Corporate Reorganization Act (Act No. 154 of 2002) or the Act on Special Measures, etc. of Reorganization Procedure of Financial Institutions and the domestic corporation has revaluated its assets as specified in these Acts or has revaluated its assets otherwise as specified in Cabinet Order to increase their book value, the amount of the increase is included in gross profits, when calculating the amount of income for the business year containing the date of the revaluation, notwithstanding the provisions of the preceding paragraph.

３内国法人について民事再生法（平成十一年法律第二百二十五号）の規定による再生計画認可の決定があつたことその他これに準ずる政令で定める事実が生じた場合において、その内国法人がその有する資産の価額につき政令で定める評定を行つているときは、その資産（政令で定めるものを除く。）の評価益の額として政令で定める金額は、第一項の規定にかかわらず、これらの事実が生じた日の属する事業年度の所得の金額の計算上、益金の額に算入する。

(3)In the case where an order on the confirmation of a rehabilitation plan has been rendered for a domestic corporation under the Civil Rehabilitation Act (Act No. 225 of 1999) or any equivalent event as specified by Cabinet Order has occurred, when the domestic corporation evaluates the value of its assets as specified by Cabinet Order, the amount specified by Cabinet Order as a valuation gain on the assets (excluding those specified by Cabinet Order) is included in gross profits, when calculating the amount of income for the business year containing the date of any of such events, notwithstanding the provisions of paragraph (1).

４第一項の規定の適用があつた場合において、同項の評価換えにより増額された金額を益金の額に算入されなかつた資産については、その評価換えをした日の属する事業年度以後の各事業年度の所得の金額の計算上、当該資産の帳簿価額は、その増額がされなかつたものとみなす。

(4)In the case where the provisions of paragraph (1) were applied, with regard to the assets whose increased value due to revaluation was not included in gross profits, it is deemed that the book value of the assets has not increased, when calculating the amount of income for each business year after the business year containing the date of the revaluation.

５第三項の規定は、確定申告書に同項に規定する評価益の額として政令で定める金額の益金算入に関する明細（次項において「評価益明細」という。）の記載があり、かつ、財務省令で定める書類（次項において「評価益関係書類」という。）の添付がある場合（第三十三条第三項（資産の評価損の損金不算入等）に規定する資産につき同項に規定する評価損の額として政令で定める金額がある場合（次項において「評価損がある場合」という。）には、同条第五項に規定する評価損明細（次項において「評価損明細」という。）の記載及び同条第五項に規定する評価損関係書類（次項において「評価損関係書類」という。）の添付がある場合に限る。）に限り、適用する。

(5)The provisions of paragraph (3) apply only in the case where a tax return contains a detailed statement concerning the inclusion in gross profits of the amount specified by Cabinet Order as the amount of the valuation gain prescribed in the paragraph (referred to as a "detailed statement of the valuation gain" in the following paragraph) and is attached with documents specified by Ordinance of the Ministry of Finance (referred to as "valuation gain-related documents" in the following paragraph) (when with regard to the assets prescribed in Article 33, paragraph (3) (Exclusion of Asset Valuation Losses, etc. from Deductible Expenses), there is any amount specified by Cabinet Order as the amount of valuation loss prescribed in the paragraph (such case is referred to as the "case where there is any valuation loss" in the following paragraph), only in the case where a tax return contains a detailed statement of the valuation loss prescribed in paragraph (5) of the Article (referred to as a "detailed statement of the valuation loss" in the following paragraph) and the valuation loss-related documents prescribed in paragraph (5) of the Article (referred to as "valuation loss-related documents" in the following paragraph)).

６税務署長は、評価益明細（評価損がある場合には、評価益明細又は評価損明細）の記載又は評価益関係書類（評価損がある場合には、評価益関係書類又は評価損関係書類）の添付がない確定申告書の提出があつた場合においても、当該記載又は当該添付がなかつたことについてやむを得ない事情があると認めるときは、第三項の規定を適用することができる。

(6)Even in the case where a tax return has been filed without a detailed statement of the valuation gain (in the case where there is any valuation loss, without a detailed statement of the valuation gain or a detailed statement of the valuation loss) or without valuation gain-related documents (in the case where there is any valuation loss, without valuation gain-related documents or valuation loss-related documents), the district director of the tax office may apply the provisions of paragraph (3), when they find any unavoidable grounds for the person's failure to make entries of such a statement or to attach such documents.

７前三項に定めるもののほか、第一項から第三項までの規定の適用に関し必要な事項は、政令で定める。

(7)Beyond what is provided for in the preceding three paragraphs, necessary matters concerning the application of the provisions of paragraphs (1) through (3) are specified by Cabinet Order.

第二十六条内国法人が次に掲げるものの還付を受け、又はその還付を受けるべき金額を未納の国税若しくは地方税に充当される場合には、その還付を受け又は充当される金額は、その内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

Article 26(1)In the case where a domestic corporation receives a refund of the following amount or the amount to be refunded is to be appropriated for the unpaid national tax or local tax, the amount to be refunded or to be appropriated is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year:

２内国法人が第六十九条第一項から第三項まで（外国税額の控除）の規定の適用を受けた事業年度後の各事業年度においてこれらの規定による控除をされるべき金額の計算の基礎となつた外国法人税の額（第六十九条第一項に規定する外国法人税の額をいう。以下この項において同じ。）が減額された場合（当該内国法人が同条第五項に規定する適格組織再編成により同項に規定する被合併法人等から事業の全部又は一部の移転を受けた場合にあつては、当該被合併法人等が納付することとなつた外国法人税の額のうち当該内国法人が移転を受けた事業に係る所得に基因して納付することとなつた外国法人税の額が減額された場合を含む。以下この項において同じ。）又は当該内国法人が第八十一条の十五第一項から第三項まで（連結事業年度における外国税額の控除）の規定の適用を受けた連結事業年度後の各事業年度においてこれらの規定による控除をされるべき金額の計算の基礎となつた外国法人税の額が減額された場合には、その減額された金額のうち第六十九条第一項に規定する控除対象外国法人税の額又は第八十一条の十五第一項に規定する個別控除対象外国法人税の額が減額された部分として政令で定める金額（益金の額に算入する額として政令で定める金額を除く。）は、当該内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

(2)In the case where in each business year after the business year when a domestic corporation was subject to the provisions of Article 69, paragraphs (1) through (3) (Foreign Tax Credit), the amount of a foreign country's corporate tax (meaning the amount of a foreign country's corporate tax prescribed in Article 69, paragraph (1); hereinafter the same applies in this paragraph) that was used as the basis of the calculation of the amount to be credited under these provisions has been reduced (when the domestic corporation has received the transfer of the whole or a part of the business from an acquired corporation, etc. as prescribed in paragraph (5) of the Article as a result of a qualified organizational restructuring as prescribed in the paragraph, including the case where a reduction has been made on the portion of the foreign country's corporate tax to be paid by the acquired corporation, etc. that the domestic corporation is to pay for the income arising from the transferred business; hereinafter the same applies in this paragraph), or in the case where in each business year after the business year when the domestic corporation was subject to the provisions of Article 81-15, paragraphs (1) through (3) (Foreign Tax Credit in Consolidated Business Year), the amount of the foreign country's corporate tax that was used as the basis of the calculation of the amount to be credited under these provisions has been reduced, the portion of the reduction specified by Cabinet Order as the reduced portion of the creditable amount of the foreign country's corporate tax prescribed in Article 69, paragraph (1) or the individually creditable amount of the foreign country's corporate tax prescribed in Article 81-15, paragraph (1) (excluding the amount specified by Cabinet Order as the amount to be included in gross profits) is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year.

３内国法人が他の内国法人から各連結事業年度の連結所得に対する法人税の負担額として支出すべき金額として第八十一条の十八第一項（連結法人税の個別帰属額の計算）の規定により計算される金額又は附帯税（利子税を除く。次項において同じ。）の負担額を受け取る場合には、その受け取る金額は、当該内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

(3)In the case where a first domestic corporation receives from a second domestic corporation an amount that has been calculated pursuant to the provisions of Article 81-18, paragraph (1) (Calculation of the Individually Attributed Amount of Consolidated Corporation Tax) as its payable amount of corporation tax on consolidated income for each consolidated business year or its payable amount of penalty tax (excluding interest tax; the same applies in the following paragraph), the amount to be received is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year.

４前項の他の内国法人が同項の内国法人から各連結事業年度の連結所得に対する法人税の減少額として収入すべき金額として第八十一条の十八第一項の規定により計算される金額又は附帯税の負担額の減少額を受け取る場合には、その受け取る金額は、当該他の内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

(4)In the case where the second domestic corporation set forth in the preceding paragraph receives from the first domestic corporation set forth in the paragraph an amount that is calculated pursuant to the provisions of Article 81-18, paragraph (1) as its receivable amount from the reduction of corporation tax on consolidated income for each consolidated business year or the reduction of its payable amount of penalty tax, the amount to be received is excluded from gross profits, when calculating the amount of income of the second domestic corporation in question for each business year.

５内国法人が第五十五条第四項の規定により各事業年度の所得の金額の計算上損金の額に算入されないものの還付を受ける場合には、その還付を受ける金額は、その内国法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

(5)In the case where a domestic corporation receives a refund of the amount to be excluded from deductible expenses in the calculation of the amount of income for each business year, pursuant to the provisions of Article 55, paragraph (4), the amount to be refunded is excluded from gross profits, when calculating the amount of income of the domestic corporation for each business year.

第二十八条内国法人が各事業年度において第六十九条第八項（外国税額の控除）に規定する外国子会社の所得に対して課される外国法人税の額（同条第九項の規定により当該外国子会社の所得に対して課される外国法人税の額とみなされる金額を含む。）につき同条第八項の規定の適用を受ける場合には、同項に規定する政令で定めるところにより計算した金額は、その内国法人の政令で定める事業年度の所得の金額の計算上、益金の額に算入する。

Article 28In the case where the provisions of Article 69, paragraph (8) (Foreign Tax Credit) are applied to the amount of the foreign country's corporate tax to be imposed on a domestic corporation for the income of its foreign subsidiary prescribed in the paragraph (including the amount deemed to be the amount of the foreign country's corporate tax to be imposed on the foreign subsidiary's income pursuant to the provisions of paragraph (9) of the Article) in each business year, the amount calculated as specified by the Cabinet Order prescribed in paragraph (8) of the Article is included in gross profits, when calculating the amount of income of the domestic corporation for the business year specified by Cabinet Order.

第二十九条内国法人のたな卸資産につき第二十二条第三項（各事業年度の損金の額に算入する金額）の規定により各事業年度の所得の金額の計算上当該事業年度の損金の額に算入する金額を算定する場合におけるその算定の基礎となる当該事業年度終了の時において有するたな卸資産の価額は、その内国法人がたな卸資産について選定した評価の方法により評価した金額（評価の方法を選定しなかつた場合又は選定した評価の方法により評価しなかつた場合には、評価の方法のうち政令で定める方法により評価した金額）とする。

Article 29(1)When, with regard to a domestic corporation's inventories, calculating the amount to be included in deductible expenses in each business year in the calculation of the amount of income for the business year, pursuant to the provisions of Article 22, paragraph (3) (The Amount to be Included in Deductible Expenses in Each Business Year), the value of the inventories held by the domestic corporation as of the end of the business year that were used as the basis of the calculation is to be the amount evaluated based on the valuation method that the domestic corporation selected for the inventories (in the case where the domestic corporation did not select any valuation method or did not evaluate the inventories based on the valuation method of their choice, the amount evaluated based on one of the valuation methods specified by Cabinet Order).

２前項の選定をすることができる評価の方法の種類、その選定の手続その他たな卸資産の評価に関し必要な事項は、政令で定める。

(2)The types of valuation methods that can be selected as set forth in the preceding paragraph, procedures for the selection, and any other matters necessary for the valuation of inventories are specified by Cabinet Order.

第三十一条内国法人の各事業年度終了の時において有する減価償却資産につきその償却費として第二十二条第三項（各事業年度の損金の額に算入する金額）の規定により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金額は、その内国法人が当該事業年度においてその償却費として損金経理をした金額（以下この条において「損金経理額」という。）のうち、その取得をした日及びその種類の区分に応じ政令で定める償却の方法の中からその内国法人が当該資産について選定した償却の方法（償却の方法を選定しなかつた場合には、償却の方法のうち政令で定める方法）に基づき政令で定めるところにより計算した金額（次項において「償却限度額」という。）に達するまでの金額とする。

Article 31(1)With regard to depreciable assets held by a domestic corporation as of the end of each business year, the amount to be included in deductible expenses as the depreciation allowance thereof in the calculation the amount of income for the business year, pursuant to the provisions of Article 22, paragraph (3) (The Amount to be Included in Deductible Expenses in Each Business Year), is the portion of the amount that the domestic corporation accounted for as a loss as its depreciation allowance in the business year (hereinafter referred to as the "amount accounted for as a loss" in this Article) up to the amount calculated as specified by Cabinet Order based on the depreciation method that the domestic corporation selected for the assets from among the depreciation methods specified by Cabinet Order, in accordance with the date of the acquisition of assets and the category of their types (in the case where the domestic corporation did not select any depreciation method, based on one of depreciation methods as specified by Cabinet Order) (such calculated amount is referred to as the "maximum amount of depreciation" in the following paragraph).

２内国法人が、適格分社型分割、適格現物出資又は適格事後設立（第四項までにおいて「適格分社型分割等」という。）により分割承継法人、被現物出資法人又は被事後設立法人に減価償却資産を移転する場合において、当該減価償却資産について損金経理額に相当する金額を費用の額としたときは、当該費用の額とした金額（次項及び第四項において「期中損金経理額」という。）のうち、当該減価償却資産につき当該適格分社型分割等の日の前日を事業年度終了の日とした場合に前項の規定により計算される償却限度額に相当する金額に達するまでの金額は、当該適格分社型分割等の日の属する事業年度（第四項において「分割等事業年度」という。）の所得の金額の計算上、損金の額に算入する。

(2)In the case where a domestic corporation transfers its depreciable assets to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (referred to as a "qualified company split by spin-off, etc." through to paragraph (4)), when the amount equivalent to the amount accounted for as a loss was accounted for as a loss with regard to the depreciable assets, the portion of the amount accounted for as a loss (referred to as the "amount accounted for as a loss during the period" in the following paragraph and paragraph (4)) up to the amount equivalent to the maximum amount of depreciation calculated with regard to the depreciable assets as prescribed in the preceding paragraph by deeming the day prior to the date of the qualified company split by spin-off, etc. to be the last day of the business year is included in deductible expenses, when calculating the amount of income for the business year containing the date of the qualified company split by spin-off, etc. (referred to as the "business year of the company split, etc." in paragraph (4)).

３前項の規定は、同項の内国法人が適格分社型分割等の日以後二月以内に期中損金経理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。

(3)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted a document stating the amount accounted for as a loss during the period and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

４損金経理額には、第一項の減価償却資産につき同項の内国法人が償却費として損金経理をした事業年度（以下この項において「償却事業年度」という。）前の各事業年度における当該減価償却資産に係る損金経理額（当該減価償却資産が適格合併又は適格分割型分割（以下この項において「適格合併等」という。）により被合併法人又は分割法人（以下この項において「被合併法人等」という。）から移転を受けたものである場合にあつては当該被合併法人等の当該適格合併等の日の前日の属する事業年度以前の各事業年度の損金経理額のうち当該各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を、当該減価償却資産が適格分社型分割等により分割法人、現物出資法人又は事後設立法人（以下この項において「分割法人等」という。）から移転を受けたものである場合にあつては当該分割法人等の分割等事業年度の期中損金経理額として帳簿に記載した金額及び分割等事業年度前の各事業年度の損金経理額のうち分割等事業年度以前の各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を含む。以下この項において同じ。）のうち当該償却事業年度前の各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を含むものとし、期中損金経理額には、第二項の内国法人の分割等事業年度前の各事業年度における同項の減価償却資産に係る損金経理額のうち当該各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を含むものとする。

(4)Out of the amount accounted for as a loss for depreciable assets set forth in paragraph (1) in each business year prior to the business year in which the domestic corporation set forth in the paragraph accounted for the amount as a loss with regard to the depreciable assets (hereinafter referred to as the "business year of the depreciation" in this paragraph) (such amount accounted for includes, when the depreciable assets were transferred from an acquired corporation or splitting corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph) as a result of a qualified merger or qualified company split by split-off (hereinafter referred to as a "qualified merger, etc." in this paragraph), the portion of the amount accounted for as a loss in each business year prior to the business year containing the day prior to the date of the qualified merger, etc. of the acquired corporation, etc. that was excluded from deductible expenses in the calculation of the amount of income for the business year, and when the depreciable assets were transferred from a splitting corporation, corporation making a capital contribution in kind, or transferring corporation (hereinafter referred to as a "splitting corporation, etc." in this paragraph) as a result of a qualified company split by spin-off, etc., the amount recorded in the books as the amount accounted for as a loss during the period in the business year of the company split, etc. of the splitting corporation, etc., and the portion of the amount accounted for as a loss in each business year prior to the business year of the company split, etc. that was excluded from deductible expenses in the calculation of the amount of income for each business year prior to the business year of the company split, etc.; hereinafter the same applies in this paragraph), the amount accounted for as a loss includes the amount excluded from deductible expenses in the calculation of the amount of income for each business year prior to the business year of the depreciation; and the amount accounted for as a loss during the period includes the portion of the amount accounted for as a loss for depreciable assets set forth in paragraph (2) in each business year prior to the business year of the company split, etc. of the domestic corporation set as forth in the paragraph that was excluded from deductible expenses in the calculation of the amount of income for the business year.

５前項の場合において、内国法人の有する減価償却資産（適格合併により被合併法人から移転を受けた減価償却資産、第六十一条の十一第一項（連結納税の開始に伴う資産の時価評価損益）の規定の適用を受けた同項に規定する時価評価資産に該当する減価償却資産その他の政令で定める減価償却資産に限る。）につきその価額として帳簿に記載されていた金額として政令で定める金額が当該移転の直前に当該被合併法人の帳簿に記載されていた金額、同条第一項の規定の適用を受けた直後の帳簿価額その他の政令で定める金額に満たない場合には、当該満たない部分の金額は、政令で定める事業年度前の各事業年度の損金経理額とみなす。

(5)In the case referred to in the preceding paragraph, with regard to depreciable assets held by the domestic corporation (limited to depreciable assets transferred from an acquired corporation as a result of a qualified merger, depreciable assets falling under the category of assets evaluated by fair value prescribed in Article 61-11, paragraph (1) (Gains or Losses on the Fair Valuation of Assets Accompanying the Commencement of Consolidated Taxation) to which the provisions of the paragraph were applied, and other depreciable assets as specified by Cabinet Order), in the case where the amount specified by Cabinet Order as the amount recorded in the books as the value of the depreciable assets is less than the amount recorded in the acquired corporation's books immediately prior to the transfer, the book value immediately after the provisions of paragraph (1) of the Article were applied, or any other amount specified by Cabinet Order, the amount of the shortfall is deemed to be the amount accounted for as a loss in each business year prior to the business year specified by Cabinet Order.

６第一項の選定をすることができる償却の方法の特例、償却の方法の選定の手続、償却費の計算の基礎となる減価償却資産の取得価額その他減価償却資産の償却に関し必要な事項は、政令で定める。

(6)Special provisions on depreciation methods that can be selected as set forth in paragraph (1), procedures for selecting a depreciation method, acquisition costs of depreciable assets that are used as the basis of the calculation of the depreciation allowance, and other matters necessary for the depreciation of depreciable assets are specified by Cabinet Order.

第三十二条内国法人の各事業年度終了の時の繰延資産につきその償却費として第二十二条第三項（各事業年度の損金の額に算入する金額）の規定により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金額は、その内国法人が当該事業年度においてその償却費として損金経理をした金額（以下この条において「損金経理額」という。）のうち、その繰延資産に係る支出の効果の及ぶ期間を基礎として政令で定めるところにより計算した金額（次項において「償却限度額」という。）に達するまでの金額とする。

Article 32(1)With regard to deferred assets held by a domestic corporation as of the end of each business year, the amount to be included in deductible expenses as the depreciation allowance thereof in the calculation the amount of income for the business year, pursuant to the provisions of Article 22, paragraph (3) (The Amount to be Included in Deductible Expenses in Each Business Year), is to be the portion of the amount that the domestic corporation accounted for as a loss as the depreciation allowance in the business year (hereinafter referred to as the "amount accounted for as a loss" in this Article) up to the amount calculated as specified by Cabinet Order based on the period during which the expenses related to the deferred assets continued to affect the calculation (such calculated amount is referred to as the "maximum amount of depreciation" in the following paragraph).

２内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この項及び次項において「適格分社型分割等」という。）により分割承継法人、被現物出資法人又は被事後設立法人（以下この項において「分割承継法人等」という。）に繰延資産（当該適格分社型分割等により当該分割承継法人等に移転する資産、負債又は契約（第四項において「資産等」という。）と関連を有するものに限る。）を引き継ぐ場合において、当該繰延資産について損金経理額に相当する金額を費用の額としたときは、当該費用の額とした金額（次項及び第六項において「期中損金経理額」という。）のうち、当該繰延資産につき当該適格分社型分割等の日の前日を事業年度終了の日とした場合に前項の規定により計算される償却限度額に相当する金額に達するまでの金額は、当該適格分社型分割等の日の属する事業年度（第六項において「分割等事業年度」という。）の所得の金額の計算上、損金の額に算入する。

(2)In the case where, as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this paragraph and the following paragraph), a domestic corporation hands over its deferred assets to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (hereinafter referred to as a "succeeding corporation in a company split, etc.") (such deferred assets are limited to those related to assets, liabilities, or contracts (referred to as "assets, etc." in paragraph (4)) to be transferred as a result of the qualified company split by spin-off, etc. to the succeeding corporation in a company split, etc.), when the amount equivalent to the amount accounted for as a loss was accounted for as a loss with regard to the deferred assets, the portion of the amount accounted for as a loss (referred to as the "amount accounted for as a loss during the period" in the following paragraph and paragraph (6)) up to the amount equivalent to the maximum amount of depreciation calculated with regard to the deferred assets as prescribed in the preceding paragraph by deeming the day prior to the date of the qualified company split by spin-off, etc. to be the last day of the business year is included in deductible expenses, when calculating the amount of income for the business year containing the date of the qualified company split by spin-off, etc. (referred to as the "business year of the company split, etc." in paragraph (6)).

３前項の規定は、同項の内国法人が適格分社型分割等の日以後二月以内に期中損金経理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。

(3)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted a document stating the amount accounted for as a loss during the period and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

４内国法人が適格合併、適格分割、適格現物出資又は適格事後設立（以下この項において「適格組織再編成」という。）を行つた場合には、次の各号に掲げる適格組織再編成の区分に応じ、当該各号に定める繰延資産は、当該適格組織再編成の直前の帳簿価額により当該適格組織再編成に係る合併法人、分割承継法人、被現物出資法人又は被事後設立法人に引き継ぐものとする。

(4)In the case where a domestic corporation has effected a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph), the deferred assets prescribed in the following items, in accordance with the category of qualified organizational restructuring listed in the relevant item, are to be succeeded to, at the book value as of immediately prior to the qualified organizational restructuring, by an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or corporation receiving post-formation contribution involved in the qualified organizational restructuring:

５前項（第二号ハに係る部分に限る。）の規定は、同項の内国法人が適格分割型分割等の日以後二月以内に同項の規定により分割承継法人等に引き継ぐものとされる同号ハに掲げる繰延資産の帳簿価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。

(5)The provisions of the preceding paragraph (limited to the part pertaining to item (ii), (c)) apply only in the case where the domestic corporation set forth in the paragraph has submitted a document stating the book value of the deferred assets listed in (c) of the item that are to be succeeded to by a succeeding corporation in a company split, etc. pursuant to the provisions of the preceding paragraph and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by split-off, etc.

６損金経理額には、第一項の繰延資産につき同項の内国法人が償却費として損金経理をした事業年度（以下この項において「償却事業年度」という。）前の各事業年度における当該繰延資産に係る損金経理額（当該繰延資産が適格合併又は適格分割型分割（以下この項において「適格合併等」という。）により被合併法人又は分割法人（以下この項において「被合併法人等」という。）から引継ぎを受けたものである場合にあつては当該被合併法人等の当該適格合併等の日の前日の属する事業年度以前の各事業年度の損金経理額のうち当該各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を、当該繰延資産が第二項に規定する適格分社型分割等により分割法人、現物出資法人又は事後設立法人（以下この項において「分割法人等」という。）から引継ぎを受けたものである場合にあつては当該分割法人等の分割等事業年度の期中損金経理額として帳簿に記載した金額及び分割等事業年度前の各事業年度の損金経理額のうち分割等事業年度以前の各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を含む。以下この項において同じ。）のうち当該償却事業年度前の各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を含むものとし、期中損金経理額には、第二項の内国法人の分割等事業年度前の各事業年度における同項の繰延資産に係る損金経理額のうち当該各事業年度の所得の金額の計算上損金の額に算入されなかつた金額を含むものとする。

(6)Out of the amount accounted for as a loss for deferred assets set forth in paragraph (1) in each business year prior to the business year in which the domestic corporation set forth in the paragraph accounted for the amount as a loss with regard to the deferred assets (hereinafter referred to as the "business year of the depreciation" in this paragraph) (such amount accounted for includes, when the deferred assets were succeeded to from an acquired corporation or splitting corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph) as a result of a qualified merger or qualified company split by split-off (hereinafter referred to as a "qualified merger, etc." in this paragraph), the portion of the amount accounted for as a loss in each business year prior to the business year containing the day prior to the date of the qualified merger, etc. of the acquired corporation, etc. that was excluded from deductible expenses in the calculation of the amount of income for the business year, and when the deferred assets were succeeded to from a splitting corporation, corporation making a capital contribution in kind, or transferring corporation (hereinafter referred to as a "splitting corporation, etc." in this paragraph) as a result of a qualified company split by spin-off, etc. as prescribed in paragraph (2), the amount recorded in the books as the amount accounted for as a loss during the period in the business year of the company split, etc. of the splitting corporation, etc., and the portion of the amount accounted for as a loss in each business year prior to the business year of the company split, etc. that was excluded from deductible expenses in the calculation of the amount of income for each business year prior to the business year of the company split, etc.; hereinafter the same applies in this paragraph), the amount accounted for as a loss includes the amount excluded from deductible expenses in the calculation of the amount of income for each business year prior to the business year of the depreciation; and the amount accounted for as a loss during the period includes the portion of the amount accounted for as a loss for deferred assets set forth in paragraph (2) in each business year prior to the business year of the company split, etc. of the domestic corporation set forth in the paragraph that was excluded from deductible expenses in the calculation of the amount of income for the business year.

７前項の場合において、内国法人の繰延資産（適格合併により被合併法人から引継ぎを受けた繰延資産、第六十一条の十一第一項（連結納税の開始に伴う資産の時価評価損益）の規定の適用を受けた同項に規定する時価評価資産に該当する繰延資産その他の政令で定める繰延資産に限る。）につきその価額として帳簿に記載されていた金額として政令で定める金額が当該引継ぎの直前に当該被合併法人の帳簿に記載されていた金額、同条第一項の規定の適用を受けた直後の帳簿価額その他の政令で定める金額に満たない場合には、当該満たない部分の金額は、政令で定める事業年度前の各事業年度の損金経理額とみなす。

(7)In the case referred to in the preceding paragraph, with regard to the deferred assets held by the domestic corporation (limited to deferred assets succeeded to from an acquired corporation as a result of a qualified merger, deferred assets falling under the category of assets evaluated by fair value prescribed in Article 61-11, paragraph (1) (Gains or Losses on the Fair Valuation of Assets Accompanying the Commencement of Consolidated Taxation) to which the provisions of the paragraph were applied, and other deferred assets specified by Cabinet Order), in the case where the amount specified by Cabinet Order as the amount recorded in the books as their value is less than the amount recorded in the acquired corporation's books immediately prior to the succession, the book value immediately after the provisions of paragraph (1) of the Article were applied, or another amount as specified by Cabinet Order, the amount of the shortfall is deemed to be the amount accounted for as a loss in each business year prior to the business year specified by Cabinet Order.

８前各項に定めるもののほか、繰延資産の償却に関し必要な事項は、政令で定める。

(8)Beyond what is provided for in the preceding paragraphs, necessary matters concerning the depreciation of deferred assets are specified by Cabinet Order.

第三十三条内国法人がその有する資産の評価換えをしてその帳簿価額を減額した場合には、その減額した部分の金額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 33(1)In the case where a domestic corporation has revaluated its assets to reduce their book value, the amount of the reduction is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

２内国法人の有する資産（預金、貯金、貸付金、売掛金その他の債権（次項において「預金等」という。）を除く。）につき、災害による著しい損傷により当該資産の価額がその帳簿価額を下回ることとなつたこと、会社更生法又は金融機関等の更生手続の特例等に関する法律の規定による更生計画認可の決定があつたことによりこれらの法律の規定に従つてその評価換えをする必要が生じたことその他の政令で定める事実が生じた場合において、その内国法人が当該資産の評価換えをして損金経理によりその帳簿価額を減額したときは、その減額した部分の金額のうち、その評価換えの直前の当該資産の帳簿価額とその評価換えをした日の属する事業年度終了の時における当該資産の価額との差額に達するまでの金額（これらの法律の規定に従つて行う評価換えの場合にあつては、その減額した部分の金額）は、前項の規定にかかわらず、これらの評価換えをした日の属する事業年度の所得の金額の計算上、損金の額に算入する。

(2)With regard to a domestic corporation's assets (excluding deposits, savings, loans, accounts receivable, and other claims (referred to as "deposits, etc." in the following paragraph)), when [1]the value of the assets has fallen below their book value due to significant damages caused by a disaster, [2]it has become necessary to revaluate them pursuant to the provisions of the Corporate Reorganization Act or the Act on Special Measures, etc. of Reorganization Procedure of Financial Institutions, as an order on the confirmation of a reorganization plan has been rendered under these Acts, or [3]any other events specified by Cabinet Order have occurred, and when the domestic corporation has revaluated the assets and accounted for as a loss in order to reduce their book value, the portion of the amount of the reduction up to the difference between the book value of the assets as of immediately prior to the revaluation and the value of the assets as of the end of the business year containing the date of the revaluation (in the case where the assets were revaluated based on the provisions of those Acts, the amount of the reduction) is included in deductible expenses, when calculating the amount of income for the business year containing the date of the revaluation, notwithstanding the provisions of the preceding paragraph.

３内国法人について民事再生法の規定による再生計画認可の決定があつたことその他これに準ずる政令で定める事実が生じた場合において、その内国法人がその有する資産の価額につき政令で定める評定を行つているときは、その資産（預金等その他政令で定める資産を除く。）の評価損の額として政令で定める金額は、第一項の規定にかかわらず、これらの事実が生じた日の属する事業年度の所得の金額の計算上、損金の額に算入する。

(3)In the case where an order on the confirmation of a rehabilitation plan has been rendered for a domestic corporation under the Civil Rehabilitation Act or any equivalent event as specified by Cabinet Order has occurred, when the domestic corporation evaluates the value of its assets as specified by Cabinet Order, the amount specified by Cabinet Order as a valuation loss of the assets (excluding deposits, etc. or other assets as specified by Cabinet Order) is included in deductible expenses, when calculating the amount of income for the business year containing the date of any of such events, notwithstanding the provisions of paragraph (1).

４第一項の規定の適用があつた場合において、同項の評価換えにより減額された金額を損金の額に算入されなかつた資産については、その評価換えをした日の属する事業年度以後の各事業年度の所得の金額の計算上、当該資産の帳簿価額は、その減額がされなかつたものとみなす。

(4)In the case where the provisions of paragraph (1) were applied, with regard to the assets whose reduced value due to revaluation was not included in deductible expenses, it is deemed that the book value of the assets was not reduced, when calculating the amount of income for each business year after the business year containing the date of the revaluation.

５第三項の規定は、確定申告書に同項に規定する評価損の額として政令で定める金額の損金算入に関する明細（次項において「評価損明細」という。）の記載があり、かつ、財務省令で定める書類（次項において「評価損関係書類」という。）の添付がある場合（第二十五条第三項（資産の評価益の益金不算入等）に規定する資産につき同項に規定する評価益の額として政令で定める金額がある場合（次項において「評価益がある場合」という。）には、同条第五項に規定する評価益明細（次項において「評価益明細」という。）の記載及び同条第五項に規定する評価益関係書類（次項において「評価益関係書類」という。）の添付がある場合に限る。）に限り、適用する。

(5)The provisions of paragraph (3) apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount specified by Cabinet Order as the amount of valuation loss prescribed in the paragraph (referred to as a "detailed statement of the valuation loss" in the following paragraph) and is attached with the documents specified by Ordinance of the Ministry of Finance (referred to as "valuation loss-related documents" in the following paragraph) (when with regard to the assets prescribed in Article 25, paragraph (3) (Exclusion of Asset Valuation Gains, etc. from Gross Profits), there is any amount specified by Cabinet Order as the amount of valuation gain prescribed in the paragraph (such case is referred to as the "case where there is any valuation gain" in the following paragraph), only in the case where a tax return contains a detailed statement of the valuation gain prescribed in paragraph (5) of the Article (referred to as a "detailed statement of the valuation gain" in the following paragraph) and the valuation gain-related documents prescribed in paragraph (5) of the Article (referred to as "valuation gain-related documents" in the following paragraph)).

６税務署長は、評価損明細（評価益がある場合には、評価損明細又は評価益明細）の記載又は評価損関係書類（評価益がある場合には、評価損関係書類又は評価益関係書類）の添付がない確定申告書の提出があつた場合においても、当該記載又は当該添付がなかつたことについてやむを得ない事情があると認めるときは、第三項の規定を適用することができる。

(6)Even in the case where a tax return has been filed without a detailed statement of the valuation loss (in the case where there is any valuation gain, without a detailed statement of the valuation loss or a detailed statement of the valuation gain) or without valuation loss-related documents (in the case where there is any valuation gain, without valuation loss-related documents or valuation gain-related documents), the district director of the tax office may apply the provisions of paragraph (3), when they find any unavoidable grounds for the person's failure to make entries of such a statement or to attach such documents.

７前三項に定めるもののほか、第一項から第三項までの規定の適用に関し必要な事項は、政令で定める。

(7)Beyond what is provided for in the preceding three paragraphs, necessary matters concerning the application of the provisions of paragraphs (1) through (3) are specified by Cabinet Order.

第三十四条内国法人がその役員に対して支給する給与（退職給与及び第五十四条第一項（新株予約権を対価とする費用の帰属事業年度の特例等）に規定する新株予約権によるもの並びにこれら以外のもので使用人としての職務を有する役員に対して支給する当該職務に対するもの並びに第三項の規定の適用があるものを除く。以下この項において同じ。）のうち次に掲げる給与のいずれにも該当しないものの額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 34(1)The amount of remuneration that a domestic corporation pays to its officers (such remuneration excludes a retirement allowance and any remuneration based on share options as prescribed in Article 54, paragraph (1) (Special Provisions on the Business Year for Vesting Expenses in Exchange for Share Options), and any other remuneration that is paid to officers who have duties as employees for carrying out such duties and that is subject to the provisions of paragraph (3); hereinafter the same applies in this paragraph) and that does not fall under any of the following categories of remuneration is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year:

２内国法人がその役員に対して支給する給与（前項又は次項の規定の適用があるものを除く。）の額のうち不相当に高額な部分の金額として政令で定める金額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(2)The portion of the amount of remuneration paid by a domestic corporation to its officers (excluding remuneration subject to the provisions of the preceding paragraph or the following paragraph) that is specified by Cabinet Order as an amount which is unreasonably high is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

３内国法人が、事実を隠ぺいし、又は仮装して経理をすることによりその役員に対して支給する給与の額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(3)The amount of remuneration paid by a domestic corporation to its officers through accounting by concealing or falsifying facts is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year

４前三項に規定する給与には、債務の免除による利益その他の経済的な利益を含むものとする。

(4)Remuneration as prescribed in the preceding three paragraphs is to include profits resulting from a release from an obligation and other economic benefits.

５第一項に規定する使用人としての職務を有する役員とは、役員（社長、理事長その他政令で定めるものを除く。）のうち、部長、課長その他法人の使用人としての職制上の地位を有し、かつ、常時使用人としての職務に従事するものをいう。

(5)Officers who have duties as employees as prescribed in paragraph (1) are officers (excluding the president, chief director or others specified by Cabinet Order) who hold any of the positions of department director, section chief, or other employees of a corporation and who are engaged in the duties of a full-time employee.

６前二項に定めるもののほか、第一項から第三項までの規定の適用に関し必要な事項は、政令で定める。

(6)Beyond what is provided for in the preceding two paragraphs, necessary matters concerning the application of the provisions of paragraphs (1) through (3) are specified by Cabinet Order.

第三十五条内国法人である特殊支配同族会社（同族会社の業務主宰役員（法人の業務を主宰している役員をいい、個人に限る。以下この項において同じ。）及び当該業務主宰役員と特殊の関係のある者として政令で定める者（以下この項において「業務主宰役員関連者」という。）がその同族会社の発行済株式又は出資（その同族会社が有する自己の株式又は出資を除く。）の総数又は総額の百分の九十以上に相当する数又は金額の株式又は出資を有する場合その他政令で定める場合における当該同族会社（当該業務主宰役員及び常務に従事する業務主宰役員関連者の総数が常務に従事する役員の総数の半数を超えるものに限る。）をいう。以下この条において同じ。）が当該特殊支配同族会社の業務主宰役員に対して支給する給与（債務の免除による利益その他の経済的な利益を含むものとし、退職給与を除く。）の額（前条の規定により損金の額に算入されない金額を除く。）のうち当該給与の額を基礎として政令で定めるところにより計算した金額は、当該特殊支配同族会社の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 35(1)The portion of the amount of remuneration (including profits resulting from a release from an obligation and other economic benefits and excluding retirement allowances) paid by a specially controlled family company (meaning a specially controlled family company in the case where the presiding officers of a family company (meaning the officers who preside over a corporation's business and limited to individuals; hereinafter the same applies in this paragraph) and persons specified by Cabinet Order as those who have a special relationship with those presiding officers (hereinafter referred to as "persons related to the presiding officers" in this paragraph) hold 90 percent or more of the total number or the total amount of the family company's issued shares or capital contributions (excluding the shares that the family company holds in itself and the capital contributions made thereby) or in other cases as specified by Cabinet Order (such specially controlled family company is limited to a company in which the number of the presiding officers and persons related to the presiding officers who are engaged in the regular running of the business exceeds 50 percent of the total number of officers who are engaged in the regular running of the business); hereinafter the same applies in this Article) to its presiding officers (such amount of remuneration is exclude the amount excluded from deductible expenses pursuant to the provisions of the preceding Article) that is calculated as specified by Cabinet Order based on the amount of the remuneration is excluded from deductible expenses, when calculating the amount of income of the specially controlled family company for each business year.

２前項の特殊支配同族会社の基準所得金額（当該事業年度開始の日前三年以内に開始した各事業年度又は各連結事業年度の所得の金額若しくは欠損金額又は第八十一条の十八第一項（連結法人税の個別帰属額の計算）に規定する個別所得金額若しくは個別欠損金額を基礎として政令で定めるところにより計算した金額をいう。）が政令で定める金額以下である事業年度その他政令で定める事業年度については、前項の規定は、適用しない。

(2)The provisions of the preceding paragraph do not apply to a business year when the amount of base income (meaning the amount calculated as specified by Cabinet Order based on the amount of income or loss for each business year or each consolidated business year that starts within three years prior to the first day of the business year or the amount of individual income or individual loss prescribed in Article 81-18, paragraph (1) (Calculation of Individually Attributed Amount of Consolidated Corporation Tax)) does not exceed the amount specified by Cabinet Order nor to any other business years specified by Cabinet Order.

３第一項の場合において、内国法人が特殊支配同族会社に該当するかどうかの判定は、当該内国法人の当該事業年度終了の時の現況による。

(3)In the case referred to in paragraph (1), the determination as to whether the domestic corporation falls under the category of a specially controlled family company is based on its circumstances as of the end of the business year of the domestic corporation.

４前二項に定めるもののほか、第一項の規定の適用に関し必要な事項は、政令で定める。

(4)Beyond what is provided for in the preceding two paragraphs, necessary matters concerning the application of the provisions of paragraph (1) are specified by Cabinet Order.

第三十六条内国法人がその役員と政令で定める特殊の関係のある使用人に対して支給する給与（債務の免除による利益その他の経済的な利益を含む。）の額のうち不相当に高額な部分の金額として政令で定める金額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 36The portion of the amount of remuneration paid by a domestic corporation to employees who have a special relationship as specified by Cabinet Order with its officers (including profits resulting from a release from an obligation and other economic benefits) that is specified by Cabinet Order as an amount which is unreasonably high is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

第三十七条内国法人が各事業年度において支出した寄附金の額（次項の規定の適用を受ける寄附金の額を除く。）の合計額のうち、その内国法人の当該事業年度終了の時の資本金等の額又は当該事業年度の所得の金額を基礎として政令で定めるところにより計算した金額を超える部分の金額は、当該内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 37(1)The portion of the sum of the donations made by a domestic corporation in each business year (excluding the amount of donations subject to the provisions of the following paragraph) that exceeds the amount of the domestic corporation's stated capital, etc. as of the end of the business year or the amount calculated as specified by Cabinet Order based on the income for the business year is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

２内国法人が各事業年度において当該内国法人との間に連結完全支配関係がある連結法人に対して支出した寄附金の額があるときは、その寄附金の額は、当該内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(2)When a domestic corporation has made any donation in each business year to a consolidated corporation that has a consolidated full controlling interest in the domestic corporation, the amount of such donation is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

３第一項の場合において、同項に規定する寄附金の額のうちに次の各号に掲げる寄附金の額があるときは、当該各号に掲げる寄附金の額の合計額は、同項に規定する寄附金の額の合計額に算入しない。

(3)In the case referred to in paragraph (1), when the amount of a donation as prescribed in the paragraph contains any of the following amounts, the total amount of donations listed in the following items is excluded from the sum of the donations prescribed in the paragraph:

４第一項の場合において、同項に規定する寄附金の額のうちに、公共法人、公益法人等（別表第二に掲げる一般社団法人及び一般財団法人を除く。以下この項及び次項において同じ。）その他特別の法律により設立された法人のうち、教育又は科学の振興、文化の向上、社会福祉への貢献その他公益の増進に著しく寄与するものとして政令で定めるものに対する当該法人の主たる目的である業務に関連する寄附金（前項各号に規定する寄附金に該当するものを除く。）の額があるときは、当該寄附金の額の合計額（当該合計額が当該事業年度終了の時の資本金等の額又は当該事業年度の所得の金額を基礎として政令で定めるところにより計算した金額を超える場合には、当該計算した金額に相当する金額）は、第一項に規定する寄附金の額の合計額に算入しない。ただし、公益法人等が支出した寄附金の額については、この限りでない。

(4)In the case referred to in paragraph (1), when the amount of a donation as prescribed in the paragraph contains any amount of a donation made to a public service corporation, corporation in the public interest, etc. (excluding any of the general incorporated associations and general incorporated foundations listed in Appended Table 2; hereinafter the same applies in this paragraph and the following paragraph), or any other corporation established under special Acts that is specified by Cabinet Order as serving significantly in the promotion of education or science, the enhancement of culture, as a contribution to social welfare or any other improvement in the public interest, with regard to the business of such corporation's major purpose (excluding donations falling under any of the categories prescribed in the items of the preceding paragraph), the sum of such donations (in the case where the sum exceeds the amount of stated capital, etc. as of the end of the business year or the amount calculated as specified by Cabinet Order based on the income for the business year, the amount equivalent to the calculated amount) is excluded from the sum of the donations prescribed in paragraph (1); provided, however, that this does not apply to the amount of a donation made by a corporation in the public interest, etc.

５公益法人等がその収益事業に属する資産のうちからその収益事業以外の事業のために支出した金額（公益社団法人又は公益財団法人にあつては、その収益事業に属する資産のうちからその収益事業以外の事業で公益に関する事業として政令で定める事業に該当するもののために支出した金額）は、その収益事業に係る寄附金の額とみなして、第一項の規定を適用する。

(5)The amount that a corporation in the public interest, etc. has spent from among the assets belonging to its profit-making business for the purpose of a business other than the profit-making business (with regard to a public interest incorporated association or public interest incorporated foundation, the amount that it has spent from among the assets belonging to its profit-making business for the purpose of a business other than the profit-making business that is specified by Cabinet Order as a business related to the public interest) is deemed to be the amount of a donation related to its profit-making business and the provisions of paragraph (1) apply.

６内国法人が特定公益信託（公益信託ニ関スル法律（大正十一年法律第六十二号）第一条（公益信託）に規定する公益信託で信託の終了の時における信託財産がその信託財産に係る信託の委託者に帰属しないこと及びその信託事務の実施につき政令で定める要件を満たすものであることについて政令で定めるところにより証明がされたものをいう。）の信託財産とするために支出した金銭の額は、寄附金の額とみなして第一項、第四項、第九項及び第十項の規定を適用する。この場合において、第四項中「）の額」とあるのは、「）の額（第六項に規定する特定公益信託のうち、その目的が教育又は科学の振興、文化の向上、社会福祉への貢献その他公益の増進に著しく寄与するものとして政令で定めるものの信託財産とするために支出した金銭の額を含む。）」とするほか、この項の規定の適用を受けるための手続に関し必要な事項は、政令で定める。

(6)The amount that a domestic corporation has spent for the purpose of entrusting as trust property under a specified charitable trust (meaning a charitable trust as prescribed in Article 1 (Charitable Trust) of the Charitable Trust Act (Act No. 62 of 1922), for which it is certified, as specified by Cabinet Order, that a trust property as of the time of the termination of the trust is not vested in a settlor of the trust related to the trust property and the operation of the trust affairs meets the requirements specified by Cabinet Order) is deemed to be the amount of a donation, and the provisions of paragraph (1), paragraph (4), paragraph (9) and paragraph (10) apply. In this case, the term "paragraph)," in paragraph (4) is deemed to be replaced with "paragraph) (such amount includes the amount spent for the purpose of entrusting as trust property under a specified charitable trust as prescribed in paragraph (6) that is specified by Cabinet Order as serving significantly in the promotion of education or science, the enhancement of culture, as a contribution to social welfare or any other improvement in the public interest," and other necessary matters concerning procedures for seeking the application of the provisions of this paragraph are specified by Cabinet Order.

７前各項に規定する寄附金の額は、寄附金、拠出金、見舞金その他いずれの名義をもつてするかを問わず、内国法人が金銭その他の資産又は経済的な利益の贈与又は無償の供与（広告宣伝及び見本品の費用その他これらに類する費用並びに交際費、接待費及び福利厚生費とされるべきものを除く。次項において同じ。）をした場合における当該金銭の額若しくは金銭以外の資産のその贈与の時における価額又は当該経済的な利益のその供与の時における価額によるものとする。

(7)The amount of a donation as prescribed in the preceding paragraphs, irrespective of the donation having been made as a donation, contribution, gift, or under any other name, is to be the amount of monies in the case where a domestic corporation has made a gift or the gratuitous conveyance of monies or other assets or economic benefits (excluding expenses for advertising or providing samples or other equivalent expenses, and those deemed to be entertainment and social expenses, reception expenses, and welfare expenses; the same applies in the following paragraph), the value of the assets other than monies as of the time of the gift, or the value of the economic benefits as of the time of the conveyance.

８内国法人が資産の譲渡又は経済的な利益の供与をした場合において、その譲渡又は供与の対価の額が当該資産のその譲渡の時における価額又は当該経済的な利益のその供与の時における価額に比して低いときは、当該対価の額と当該価額との差額のうち実質的に贈与又は無償の供与をしたと認められる金額は、前項の寄附金の額に含まれるものとする。

(8)In the case where a domestic corporation has transferred assets or conveyed economic benefits, when the price for the transfer or conveyance is low compared with the value of the assets as of the transfer or the value of the economic benefits as of the conveyance, the portion of the difference between the price and the value that is deemed to have been, in effect, given as a gift or gratuitous conveyance is included in the amount of the donation set forth in the preceding paragraph.

９第三項及び第四項の規定は、確定申告書に第一項に規定する寄附金の額の合計額に算入されない第三項各号に掲げる金額又は第四項に規定する寄附金の額の記載及び第三項各号又は第四項に規定する寄附金の明細書の添付があり、かつ、財務省令で定める書類を保存している場合に限り、適用する。この場合において、第三項又は第四項の規定により第一項に規定する寄附金の額の合計額に算入されない金額は、当該金額として記載された金額を限度とする。

(9)The provisions of paragraph (3) and paragraph (4) apply only in the case where a tax return states the amount listed in the items of paragraph (3) or the amount of a donation as prescribed in paragraph (4) that is excluded from the sum of the donations prescribed in paragraph (1) and contains a detailed statement concerning the donations prescribed in the items of paragraph (3) or paragraph (4), and where documents specified by Ordinance of the Ministry of Finance are retained. In this case, the amount that is excluded from the sum of the donations prescribed in paragraph (1) pursuant to the provisions of paragraph (3) or paragraph (4) does not exceed the amount entered as the amount.

１０税務署長は、第三項又は第四項の規定により第一項に規定する寄附金の額の合計額に算入されないこととなる金額の全部又は一部につき前項の記載若しくは明細書の添付がない確定申告書の提出があつた場合又は同項の書類の保存がない場合においても、その記載若しくは明細書の添付又は書類の保存がなかつたことについてやむを得ない事情があると認めるときは、その記載若しくは明細書の添付又は書類の保存がなかつた金額につき第三項又は第四項の規定を適用することができる。

(10)Even in the case where a tax return without entries for the matters or the attachment of a detailed statement set forth in the preceding paragraph, with regard to the whole or a part of the amount to be excluded from the sum of the donations prescribed in paragraph (1) pursuant to the provisions of paragraph (3) or paragraph (4), has been filed or where the documents set forth in the preceding paragraph are not retained, the district director of the tax office may apply the provisions of paragraph (3) or paragraph (4) to the amount for which there were no entries or attachments of the detailed statement or the documents were not retained, when they find any unavoidable grounds for the person's failure to make entries, attach the detailed statement, or retain the documents.

１１財務大臣は、第三項第二号の指定をしたときは、これを告示する。

(11)When the Minister of Finance has made a designation set forth in paragraph (3), item (ii), they make a public notification thereof.

１２第五項から前項までに定めるもののほか、第一項から第四項までの規定の適用に関し必要な事項は、政令で定める。

(12)Beyond what is provided for in paragraph (5) to the preceding paragraph, necessary matters concerning the application of the provisions of paragraphs (1) through (4) are specified by Cabinet Order.

第三十八条内国法人が納付する法人税（延滞税、過少申告加算税、無申告加算税及び重加算税を除く。以下この項において同じ。）の額は、次に掲げる法人税の額を除き、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 38(1)The amount of corporation tax (excluding delinquent tax, additional tax for understatement, additional tax for failure to file, and substantial additional tax; hereinafter the same applies in this paragraph) that a domestic corporation is to pay is excluded from deductible expenses, except for the following corporation taxes, when calculating the amount of income of the domestic corporation for each business year:

２内国法人が納付する次に掲げるものの額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(2)The following amounts that a domestic corporation is to pay are excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year:

３内国法人が他の内国法人に各連結事業年度の連結所得に対する法人税の減少額として収入すべき金額として第八十一条の十八第一項（連結法人税の個別帰属額の計算）の規定により計算される金額又は附帯税（利子税を除く。次項において同じ。）の負担額の減少額を支払う場合には、その支払う金額は、当該内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(3)In the case where a first domestic corporation pays to a second domestic corporation the amount calculated pursuant to the provisions of Article 81-18, paragraph (1) (Calculation of the Individually Attributed Amount of Consolidated Corporation Tax) as the second domestic corporation's receivable amount for the reduction of corporation tax on consolidated income for each consolidated business year or the reduction of the second domestic corporation's payable amount for penalty tax (excluding interest tax; the same applies in the following paragraph), the amount that the first domestic corporation pays is excluded from deductible expenses when calculating its amount of income for each business year.

４前項の他の内国法人が同項の内国法人に各連結事業年度の連結所得に対する法人税の負担額として支出すべき金額として第八十一条の十八第一項の規定により計算される金額又は附帯税の負担額を支払う場合には、その支払う金額は、当該他の内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(4)When the second domestic corporation set forth in the preceding paragraph pays to the first domestic corporation set forth in the paragraph the amount calculated pursuant to the provisions of Article 81-18, paragraph (1) as the second domestic corporation's payable amount of corporation tax on consolidated income for each consolidated business year or the second domestic corporation's payable amount of penalty tax, the amount that the second domestic corporation pays is excluded from deductible expenses, when calculating its amount of income for each business year.

第三十九条内国法人が次に掲げる国税又は地方税を納付し又は納入したことにより生じた損失の額（その納付又は納入に係る求償権につき生じた損失の額を含む。以下この条において同じ。）は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 39(1)The net operating loss incurred by a domestic corporation as a result of paying national tax or local tax (including the net operating loss arising from a right to reimbursement regarding the payment; hereinafter the same applies in this Article) is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year:

２第二十四条第一項第三号（解散による残余財産の分配に係る部分に限る。）（配当等の額とみなす金額）の規定により第二十三条第一項第一号（受取配当等の益金不算入）に掲げる金額とみなされた金額又は信託の終了による信託財産に属する資産の給付に係る同項第三号に掲げる金額で、同項の規定により各事業年度の所得の金額の計算上益金の額に算入されなかつたものがある内国法人が、そのみなされた金額に係る残余財産の分配をした法人又はその信託の信託法第百七十七条（清算受託者の職務）に規定する清算受託者に関し、次に掲げる国税又は地方税を納付し又は納入したことにより生じた損失の額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。ただし、当該国税又は地方税の額が当該益金の額に算入されなかつた金額を超える場合は、その損失の額のうちその超える部分の金額に相当する金額については、この限りでない。

(2)The net operating loss that a domestic corporation, which holds any of the amount deemed to be the amount listed in Article 23, paragraph (1), item (i) (Exclusion of Dividends Received from Gross Profits) pursuant to the provisions of Article 24, paragraph (1), item (iii) (The Amount Deemed to Be Dividends) (limited to the part pertaining to the distribution of residual assets due to dissolution) or the amount listed in Article 23, paragraph (1), item (iii) pertaining to the delivery of assets belonging to trust assets due to the termination of a trust that is excluded from gross profits in the calculation of the amount of income for each business year under the provisions of the paragraph, has incurred as a result of paying any of the following national tax or local tax, with regard to a corporation that has distributed residual assets pertaining to the amount deemed to be as above or a liquidation trustee as prescribed in Article 177 (Duties of Liquidation Trustees) of the Trust Act of the trust, is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year; provided, however, that in the case where the amount of the national tax or local tax exceeds the amount excluded from gross profits, this does not apply to the amount equivalent to the excess out of the net operating loss:

第四十条内国法人が第六十八条第一項（所得税額の控除）に規定する所得税の額につき同項又は第七十八条第一項（確定申告による所得税額等の還付）若しくは第百三十三条第一項（確定申告又は連結確定申告に係る更正による所得税額等の還付）の規定の適用を受ける場合には、これらの規定による控除又は還付をされる金額に相当する金額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 40In the case where a domestic corporation seeks the application of the provisions of Article 68, paragraph (1) (Income Tax Credit), Article 78, paragraph (1) (Refund of Income Tax Amount, etc. by Final Return), or Article 133, paragraph (1) (Refund of Income Tax Amount, etc. Due to a Reassessment Related to a Final Return or Consolidated Final Return) with regard to the amount of income tax prescribed in Article 68, paragraph (1), the amount equivalent to the amount to be credited or refunded pursuant to these provisions is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

第四十一条内国法人が第六十九条第一項（外国税額の控除）に規定する控除対象外国法人税の額につき同条又は第七十八条第一項（確定申告による所得税額等の還付）若しくは第百三十三条第一項（確定申告又は連結確定申告に係る更正による所得税額等の還付）の規定の適用を受ける場合には、当該控除対象外国法人税の額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 41In the case where a domestic corporation seeks the application of the provisions of Article 69 (Foreign Tax Credit), Article 78, paragraph (1) (Refund of Income Tax Amount, etc. by Final Return), or Article 133, paragraph (1) (Refund of Income Tax Amount, etc. Due to a Reassessment Related to a Final Return or Consolidated Final Return) with regard to the creditable amount of the foreign country's corporate tax prescribed in Article 69, paragraph (1), the creditable amount of the foreign country's corporate tax is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

第四十二条内国法人（清算中のものを除く。以下この条において同じ。）が、各事業年度において固定資産の取得又は改良に充てるための国又は地方公共団体の補助金又は給付金その他政令で定めるこれらに準ずるもの（第四十四条までにおいて「国庫補助金等」という。）の交付を受け、当該事業年度においてその国庫補助金等をもつてその交付の目的に適合した固定資産の取得又は改良をした場合（その国庫補助金等の返還を要しないことが当該事業年度終了の時までに確定した場合に限る。）において、その固定資産につき、その取得又は改良に充てた国庫補助金等の額に相当する金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

Article 42(1)In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) has received subsidies or benefits from the national or a local government or any other financial assistance as specified by Cabinet Order as being equivalent thereto (hereinafter referred to as "national subsidies, etc." through to Article 44) in each business year for the purpose of spending them to acquire or improve its fixed assets, and has acquired or improved its fixed assets with the national subsidies, etc. in line with such purpose in the relevant business year (limited to the case where it is determined that the national subsidies, etc. need not be returned by the end of the business year), when their book value has been reduced by accounting for a loss within the limit equivalent to the amount of the national subsidies, etc. spent for the acquisition or improvement of its fixed assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２内国法人が、各事業年度において国庫補助金等の交付に代わるべきものとして交付を受ける固定資産を取得した場合において、その固定資産につき、その固定資産の価額に相当する金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

(2)In the case where a domestic corporation has acquired fixed assets which are delivered in lieu of national subsidies, etc. in each business year, when their book value has been reduced by accounting for losses within the limit equivalent to the value of the fixed assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

３前二項の規定は、確定申告書にこれらの規定に規定する減額し又は経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(3)The provisions of the preceding two paragraphs apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the amount reduced or booked as prescribed in these provisions.

４税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項又は第二項の規定を適用することができる。

(4)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1) or paragraph (2), when they find any unavoidable grounds for the person's failure to make entries for such matters.

５内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この条において「適格分社型分割等」という。）により国庫補助金等（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に交付を受けたものに限る。）をもつて取得又は改良をした固定資産（当該国庫補助金等の交付の目的に適合したものに限る。以下この項において同じ。）を分割承継法人、被現物出資法人又は被事後設立法人（次項において「分割承継法人等」という。）に移転する場合（当該国庫補助金等の返還を要しないことが当該直前の時までに確定した場合に限る。）において、当該固定資産につき、その取得又は改良に充てた国庫補助金等の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は、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。

(5)In the case where a domestic corporation transfers, as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article), any of the fixed assets that it has acquired or improved with national subsidies, etc. (limited to national subsidies, etc. that the domestic corporation has received during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc.) (such fixed assets are limited to those in line with the purpose of the national subsidies, etc.; hereinafter the same applies in this paragraph) to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "succeeding corporation in a company split, etc." in the following paragraph) (limited to the case where it is determined that the national subsidies, etc. need not be returned by the time immediately prior to the qualified company split by spin-off, etc.), when the book value of the fixed assets has been reduced to within the limit equivalent to the amount of national subsidies, etc. spent for the acquisition or improvement thereof, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

６内国法人が、適格分社型分割等により第二項に規定する固定資産（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に取得したものに限る。以下この項において同じ。）を分割承継法人等に移転する場合において、当該固定資産につき、当該固定資産の価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は、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。

(6)In the case where a domestic corporation transfers, as a result of a qualified company split by spin-off, etc., any of the fixed assets as prescribed in paragraph (2) (limited to those acquired during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc.; hereinafter the same applies in this paragraph) to a succeeding corporation in a company split, etc., when the book value of the fixed assets has been reduced to within the limit equivalent to the value of the fixed assets, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

７前二項の規定は、これらの規定に規定する内国法人が適格分社型分割等の日以後二月以内にこれらの規定に規定する減額した金額に相当する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。

(7)The provisions of the preceding two paragraphs apply only in the case where the domestic corporation prescribed in these provisions has submitted documents stating the amount equivalent to the reduced amount prescribed in these provisions and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

８合併法人、分割承継法人、被現物出資法人又は被事後設立法人が適格合併、適格分割、適格現物出資又は適格事後設立により被合併法人、分割法人、現物出資法人又は事後設立法人において第一項、第二項、第五項又は第六項の規定の適用を受けた固定資産の移転を受けた場合における当該固定資産の取得価額その他前各項の規定の適用に関し必要な事項は、政令で定める。

(8)In the case where an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation has received the transfer of any of the fixed assets to which the provisions of paragraph (1), paragraph (2), paragraph (5), or paragraph (6) had been applied under an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation, as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution, the acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第四十三条内国法人（清算中のものを除く。以下この条において同じ。）が、各事業年度（被合併法人の合併（適格合併を除く。次項及び第三項において「非適格合併」という。）の日の前日の属する事業年度を除く。）において固定資産の取得又は改良に充てるための国庫補助金等の交付を受ける場合（その国庫補助金等の返還を要しないことが当該事業年度終了の時までに確定していない場合に限る。）において、その国庫補助金等の額に相当する金額以下の金額を当該事業年度の確定した決算において特別勘定を設ける方法（政令で定める方法を含む。）により経理したときは、その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。

Article 43(1)In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) receives national subsidies, etc. in each business year (excluding a business year containing the day preceding the date of the merger of an acquired corporation (excluding a qualified merger; referred to as a "non-qualified merger" in the following paragraph and paragraph (3)) for the purpose of spending such subsidies to acquire or improve its fixed assets (limited to the case where it has not been determined that the national subsidies, etc. need not be returned by the end of the business year), when the amount not exceeding the amount equivalent to the national subsidies, etc. has been booked in such a manner as to establish a special account (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２前項の特別勘定を設けている内国法人は、国庫補助金等について返還すべきこと又は返還を要しないことが確定した場合、当該内国法人が非適格合併により解散した場合その他の政令で定める場合には、その国庫補助金等に係る特別勘定の金額のうち政令で定めるところにより計算した金額を取り崩さなければならない。

(2)A domestic corporation that has established a special account set forth in the preceding paragraph must, in the case where it has been determined either that national subsidies, etc. should be returned or need not be returned, or where the domestic corporation has been dissolved as a result of a non-qualified merger, or in other cases as specified by Cabinet Order, dispose of the portion of the special account pertaining to the national subsidies, etc. that has been calculated as specified by Cabinet Order.

３前項の規定により取り崩すべきこととなつた第一項の特別勘定の金額又は前項の規定に該当しないで取り崩した当該特別勘定の金額（第八項の規定により合併法人、分割承継法人、被現物出資法人又は被事後設立法人（第八項及び第十項において「合併法人等」という。）に引き継ぐこととされたものを除く。）は、それぞれその取り崩すべきこととなつた日（前項に規定する内国法人が非適格合併により解散した場合には、当該非適格合併の日の前日）又は取り崩した日の属する事業年度の所得の金額の計算上、益金の額に算入する。

(3)The amount of the special account set forth in paragraph (1) that is to be disposed of under the preceding paragraph or the amount of the special account that has been disposed of without falling under the provisions of the preceding paragraph (excluding the amount to be succeeded to by an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "acquiring corporation, etc." in paragraph (8) and paragraph (10)) pursuant to the provisions of paragraph (8)) is included in gross profits, when calculating the amount of income, respectively, for the business year containing the day on which the former amount is to be disposed of (in the case where the domestic corporation prescribed in the preceding paragraph has been dissolved as a result of a non-qualified merger, containing the day preceding the date of the non-qualified merger) or for the business year containing the day on which the latter amount was disposed of.

４第一項の規定は、確定申告書に同項に規定する経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(4)The provisions of paragraph (1) apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the booked amount prescribed in the paragraph.

５税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(5)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

６内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この条において「適格分社型分割等」という。）を行い、かつ、当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に固定資産の取得又は改良に充てるための国庫補助金等（その返還を要しないことが当該直前の時までに確定していないものに限る。以下この項において同じ。）の交付を受けている場合（次に掲げる要件のいずれかを満たす場合に限る。）において、その取得又は改良に充てるための国庫補助金等の額に相当する金額の範囲内で第一項の特別勘定に相当するもの（以下この条において「期中特別勘定」という。）を設けたときは、当該設けた期中特別勘定の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。

(6)In the case where a domestic corporation has effected a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article) and has received national subsidies, etc. for the purpose of spending them to acquire or improve its fixed assets (limited to national subsidies, etc. for which it has not been determined that they need not be returned by the time immediately prior to the qualified company split by spin-off, etc.; hereinafter the same applies in this paragraph) during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc. (limited to the case where any of the following requirements is met), when a special account equivalent to that which is set forth in paragraph (1) has been established within the limit equivalent to the amount of national subsidies, etc. to be spent for the acquisition or improvement of the fixed assets (hereinafter such special account is referred to as a "special account during the period" in this Article), the amount equivalent to the amount of the special account during the period established as above is included in deductible expenses, when calculating the amount of income for the business year:

７前項の規定は、同項の内国法人が適格分社型分割等の日以後二月以内に期中特別勘定の金額に相当する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。

(7)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted documents stating the amount equivalent to the special account during the period and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

８内国法人が、適格合併、適格分割、適格現物出資又は適格事後設立（以下この項において「適格組織再編成」という。）を行つた場合には、次の各号に掲げる適格組織再編成の区分に応じ、当該各号に定める特別勘定の金額又は期中特別勘定の金額は、当該適格組織再編成に係る合併法人等に引き継ぐものとする。

(8)In the case where a domestic corporation has effected a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph), the amount of a special account or special account during the period prescribed in the following items is to be succeeded to by an acquiring corporation, etc. involved in the qualified organizational restructuring, in accordance with the category of the following qualified organizational restructuring:

９前項の規定は、第一項の特別勘定を設けている内国法人で適格分割、適格現物出資又は適格事後設立（以下この項において「適格分割等」という。）を行つたもの（当該特別勘定及び期中特別勘定の双方を設けている内国法人であつて、適格分社型分割等により分割承継法人等に当該期中特別勘定の金額のみを引き継ぐものを除く。）にあつては、当該特別勘定を設けている内国法人が当該適格分割等の日以後二月以内に当該適格分割等により分割承継法人等に引き継ぐ当該特別勘定の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。

(9)With regard to a domestic corporation that has established a special account set forth in paragraph (1) and has effected a qualified merger, qualified contribution in kind, or qualified post-formation contribution(hereinafter referred to as a "qualified company split, etc." in this paragraph) (excluding a domestic corporation that has established both the special account and a special account during the period and carries over only the amount of the special account during the period to a succeeding corporation in a company split, etc. as a result of a qualified company split by spin-off, etc.), the provisions of the preceding paragraph apply only in the case where the domestic corporation that has established the special account has submitted documents stating the amount of the special account to be carried over to a succeeding corporation in a company split, etc. as a result of a qualified company split, etc. and any other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split, etc.

１０第八項の規定により合併法人等が引継ぎを受けた第一項の特別勘定の金額又は期中特別勘定の金額は、当該合併法人等が同項の規定により設けている同項の特別勘定の金額とみなす。

(10)The amount of a special account set forth in paragraph (1) or the amount of a special account during the period that an acquiring corporation, etc. has succeeded to pursuant to the provisions of paragraph (8) is deemed to be the amount of a special account set forth in paragraph (1) that the acquiring corporation, etc. has established pursuant to the provisions of the paragraph.

１１合併、分割、現物出資又は事後設立（第二条第十二号の六（定義）に規定する事後設立をいう。）が行われた場合における前各項の規定の適用に関し必要な事項は、政令で定める。

(11)Necessary matters concerning the application of the provisions of the preceding paragraphs in the case where a merger, company split, contribution in kind to the capital of the receiving corporation, or post-formation contribution of assets and/or liabilities (meaning the post-formation contribution of assets and/or liabilities prescribed in Article 2, item (xii)-6 (Definitions)) has been effected are specified by Cabinet Order.

第四十四条前条第一項の特別勘定の金額（既に取り崩すべきこととなつたものを除く。）を有する内国法人が国庫補助金等をもつてその交付の目的に適合した固定資産の取得又は改良（同条第八項の規定により被合併法人、分割法人、現物出資法人又は事後設立法人（以下この項及び第六項において「被合併法人等」という。）から当該特別勘定の金額の引継ぎを受けている場合（以下この項において「引継ぎがある場合」という。）には、当該被合併法人等が国庫補助金等をもつて行つたその取得又は改良を含む。以下この項及び第四項において同じ。）をし、かつ、その取得又は改良をした日（引継ぎがある場合には、同条第八項に規定する適格組織再編成（第六項において「適格組織再編成」という。）の日）の属する事業年度以後の事業年度においてその取得又は改良に充てた国庫補助金等の全部又は一部の返還を要しないことが確定した場合において、その固定資産につき、その確定した日における当該特別勘定の金額のうちその返還を要しないことが確定した国庫補助金等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（以下この項及び第四項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

Article 44(1)In the case where a domestic corporation that holds the amount of a special account set forth in paragraph (1) of the preceding Article (excluding the amount already having been disposed of) has acquired or improved its fixed assets with national subsidies, etc. in line with the purpose thereof (in the case where the domestic corporation has succeeded to the amount of the special account from an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph and paragraph (6)), pursuant to the provisions of Article 43, paragraph (8) (hereinafter such case is referred to as the "case where there was any succession" in this paragraph), including the case where the acquired corporation, etc. has acquired or improved such fixed assets with national subsidies, etc.; hereinafter the same applies in this paragraph and paragraph (4)), and where it has been determined that the whole or a part of the national subsidies, etc. spent for the acquisition or improvement need not be returned in a business year after the business year containing the date of the acquisition or improvement (in the case where there was any succession, in a business year after the business year containing the date of a qualified organizational restructuring as prescribed in Article 43, paragraph (8) (referred to as a "qualified organizational restructuring" in paragraph (6)), when the book value of the fixed assets has been reduced by accounting for losses within the limit of the amount calculated, as specified by Cabinet Order, as the portion of the special account as of the date of the determination that pertains to the national subsidies, etc. for which it has been determined that they need not be returned (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph and paragraph (4)) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２前項の規定は、確定申告書に同項に規定する減額し又は経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(2)The provisions of the preceding paragraph apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount reduced or booked as prescribed in the paragraph.

３税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(3)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

４第一項の特別勘定の金額を有する内国法人が適格分社型分割、適格現物出資又は適格事後設立（以下この項及び次項において「適格分社型分割等」という。）を行い、かつ、当該内国法人が当該適格分社型分割等の直前までに国庫補助金等をもつてその交付の目的に適合した固定資産の取得又は改良をした場合（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に当該取得又は改良に充てた国庫補助金等の全部又は一部の返還を要しないことが確定し、かつ、当該取得又は改良をした固定資産を当該適格分社型分割等により分割承継法人、被現物出資法人又は被事後設立法人に移転する場合に限る。）において、当該固定資産につき、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は、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。

(4)In the case where a domestic corporation that holds the amount of a special account set forth in paragraph (1) has effected a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this paragraph and the following paragraph) and where the domestic corporation has acquired or improved its fixed assets with the national subsidies, etc. in line with the purpose thereof immediately prior to the qualified company split by spin-off, etc. (limited to the case where it has determined that the whole or a part of the national subsidies, etc. spent for the acquisition or improvement need not be returned during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc. and where the fixed assets acquired or improved are to be transferred to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation as a result of the qualified company split by spin-off), when the book value of the fixed assets has been reduced to within the advanced depreciation limit, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

５前項の規定は、同項に規定する内国法人が適格分社型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に相当する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。

(5)The provisions of the preceding paragraph apply only in the case where the domestic corporation prescribed in the paragraph has submitted documents stating the amount equivalent to the reduced amount prescribed in the paragraph and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

６合併法人、分割承継法人、被現物出資法人又は被事後設立法人が適格組織再編成により被合併法人等において第一項又は第四項の規定の適用を受けた固定資産の移転を受けた場合における当該固定資産の取得価額その他前各項の規定の適用に関し必要な事項は、政令で定める。

(6)In the case where an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation has received the transfer of any of the fixed assets to which the provisions of paragraph (1) or paragraph (4) had been applied under an acquired corporation, etc., as a result of a qualified organizational restructuring, the acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第四十五条次に掲げる事業を営む内国法人（清算中のものを除く。以下この条において同じ。）が、各事業年度において当該事業に必要な施設を設けるため電気、ガス若しくは水の需要者、熱供給を受ける者又は鉄道、軌道若しくは有線放送電話の利用者その他その施設によつて便益を受ける者（以下この条において「受益者」という。）から金銭又は資材の交付を受け、当該事業年度においてその金銭又は資材をもつてその施設を構成する固定資産を取得した場合において、その固定資産につき、その交付を受けた金銭の額又は資材の価額に相当する金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

Article 45(1)In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) that conducts any of the following businesses has received monies or materials in each business year, for the purpose of establishing the facilities necessary for conducting the business, from persons who consume electricity, gas or water, persons who receive a heat supply, persons who use railway or rail track services or wire broadcasting telephone services, or other persons who enjoy benefits from such facilities (hereinafter referred to as the "users" in this Article) and has acquired fixed assets comprising such facilities with the monies or materials in the business year, when the book value of the fixed assets has been reduced by accounting for losses within the limit of the amount equivalent to that of the monies paid or the value of the materials provided (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year:

２前項の内国法人が、各事業年度において同項各号に掲げる事業に係る受益者から当該事業に必要な施設を構成する固定資産の交付を受けた場合において、その固定資産につき、その固定資産の価額に相当する金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

(2)In the case where the domestic corporation set forth in the preceding paragraph has received the delivery of fixed assets comprising the facilities necessary for conducting the businesses listed in the items of the paragraph in each business year from the users of the business, when the book value of the fixed assets has been reduced by accounting for losses within the limit of the amount equivalent to the value of the fixed assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

３前二項の規定は、確定申告書にこれらの規定に規定する減額し又は経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(3)The provisions of the preceding two paragraphs apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount reduced or booked as prescribed in these provisions.

４税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項又は第二項の規定を適用することができる。

(4)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1) or paragraph (2), when they find any unavoidable grounds for the person's failure to make entries for such matters.

５第一項の内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この条において「適格分社型分割等」という。）により固定資産（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に同項各号に掲げる事業に必要な施設を設けるため当該事業に係る受益者から金銭又は資材の交付を受け、かつ、当該交付を受けた金銭又は資材をもつて取得したもので当該施設を構成するものに限る。）を分割承継法人、被現物出資法人又は被事後設立法人（次項において「分割承継法人等」という。）に移転する場合において、当該固定資産につき、その交付を受けた金銭の額又は資材の価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は、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。

(5)In the case where the domestic corporation set forth in the preceding paragraph transfers, as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article), its fixed assets (limited to fixed assets that the domestic corporation acquired by receiving monies or materials, for the purpose of establishing the facilities necessary for conducting the business listed in paragraph (1), from the users of the business during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc. and that comprise the facilities) to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "succeeding corporation in a company split, etc." in the following paragraph), when the book value of the fixed assets has been reduced to within the amount equivalent to that of the monies paid or the value of the materials provided, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

６第一項の内国法人が、適格分社型分割等により同項各号に掲げる事業に必要な施設を構成する固定資産（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に当該事業に係る受益者から交付を受けたものに限る。）を分割承継法人等に移転する場合において、当該固定資産につき、当該固定資産の価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は、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。

(6)In the case where the domestic corporation set forth in paragraph (1) transfers, as a result of a qualified company split by spin-off, etc., fixed assets comprising the facilities necessary for conducting the business listed in the items of the paragraph (limited to the fixed assets that the domestic corporation acquired from the users of the business during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc.) to a succeeding corporation in a company split, etc., when the book value of the fixed assets has been reduced to within the amount equivalent to the value of the fixed assets, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

７前二項の規定は、これらの規定に規定する内国法人が適格分社型分割等の日以後二月以内にこれらの規定に規定する減額した金額に相当する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。

(7)The provisions of the preceding two paragraphs apply only in the case where the domestic corporation prescribed in these provisions has submitted documents stating the amount equivalent to the reduced amount prescribed in these provisions and any other matters as specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

８合併法人、分割承継法人、被現物出資法人又は被事後設立法人が適格合併、適格分割、適格現物出資又は適格事後設立により被合併法人、分割法人、現物出資法人又は事後設立法人において第一項、第二項、第五項又は第六項の規定の適用を受けた固定資産の移転を受けた場合における当該固定資産の取得価額その他前各項の規定の適用に関し必要な事項は、政令で定める。

(8)In the case where an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation has received the transfer of any of the fixed assets to which the provisions of paragraph (1), paragraph (2), paragraph (5), or paragraph (6) had been applied under an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation, as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution, acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第四十六条協同組合等のうち出資を有しないものが、各事業年度においてその組合員又は会員に対しその事業の用に供する固定資産の取得又は改良に充てるための費用を賦課し、当該事業年度においてその賦課に基づいて納付された金額（以下この項において「納付金」という。）をもつてその事業の用に供する固定資産の取得又は改良をした場合において、その固定資産につき、その取得又は改良に充てた納付金に相当する金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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により経理したときは、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。

Article 46(1)In the case where cooperatives, etc. that do not hold capital contributions allots the expenses for acquiring or improving its fixed assets to be used for its business to its partners or members in each business year and has acquired or improved any fixed assets to be used for its business with the monies paid based on such allotment in the business year (hereinafter referred to as "allotment monies" in this paragraph), when the book value of the fixed assets has been reduced by accounting for losses within the limit equivalent to the amount of the allotment monies spent for the acquisition or improvement of the fixed assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２前項の規定は、確定申告書に同項に規定する減額し又は経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(2)The provisions of the preceding paragraph apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the amount reduced or booked as prescribed in the paragraph.

３税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(3)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

第四十七条内国法人（清算中のものを除く。以下この条において同じ。）が、各事業年度においてその有する固定資産（当該内国法人が合併法人、分割承継法人、被現物出資法人又は被事後設立法人（第八項において「合併法人等」という。）となる適格合併、適格分割、適格現物出資又は適格事後設立（以下この項及び第八項において「適格組織再編成」という。）を行つている場合には、当該適格組織再編成に係る被合併法人、分割法人、現物出資法人又は事後設立法人（第八項において「被合併法人等」という。）の有していたものを含む。以下この条において「所有固定資産」という。）の滅失又は損壊により保険金、共済金又は損害賠償金で政令で定めるもの（第四十九条までにおいて「保険金等」という。）の支払を受け、当該事業年度においてその保険金等をもつてその滅失をした所有固定資産に代替する同一種類の固定資産（以下この条において「代替資産」という。）の取得（第六十四条の二第三項（リース取引に係る所得の金額の計算）に規定するリース取引のうち所有権が移転しないものとして政令で定めるものによる取得を除く。以下この項及び第五項において同じ。）をし、又はその損壊をした所有固定資産若しくは代替資産となるべき資産の改良をした場合において、これらの固定資産につき、その取得又は改良に充てた保険金等に係る差益金の額として政令で定めるところにより計算した金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

Article 47(1)In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) has received, in each business year, insurance monies, mutual aid monies, or compensation for damages that is specified by Cabinet Order (referred to as "insurance monies, etc." through to Article 49) for any loss of or damage to its fixed assets (in the case where the domestic corporation has effected a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph and paragraph (8)) through which the domestic corporation becomes an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "acquiring corporation, etc." in paragraph (8)), such fixed assets include those owned by the acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation (referred to as a "acquired corporation, etc." in paragraph (8)) involved in the qualified organizational restructuring; hereinafter referred to as "owned fixed assets" in this Article), and has acquired the same type of fixed assets substituting the owned fixed assets that were lost (hereinafter referred to as "substituted assets" in this Article) with the insurance monies, etc. (excluding the acquisition through a lease transaction that is specified by Cabinet Order as a transaction wherein the ownership is not transferred out of those prescribed in Article 64-2, paragraph (3) (Calculation of the Amount of Income of the Act pertaining to Lease Transactions); hereinafter the same applies in this paragraph and paragraph (5)), or has improved the owned fixed assets that were damaged or assets to be substituted assets in the business year, when the book value of the fixed assets has been reduced by accounting for losses within the limit equivalent to the gain pertaining to insurance monies, etc. spent for the acquisition or improvement of the fixed assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２内国法人が、各事業年度において所有固定資産の滅失又は損壊による保険金等の支払に代わるべきものとして代替資産の交付を受けた場合において、その代替資産につき、その代替資産に係る差益金の額として政令で定めるところにより計算した金額（以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

(2)In the case where a domestic corporation has received the delivery of substituted assets in lieu of insurance monies, etc. for the loss of or damage to its owned fixed assets in each business year, when the book value of the substituted assets has been reduced by accounting for losses within the limit of the amount calculated as specified by Cabinet Order as the amount of the gain pertaining to the substituted assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

３前二項の規定は、確定申告書にこれらの規定に規定する減額し又は経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(3)The provisions of the preceding two paragraphs apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the amount reduced or booked as prescribed in these provisions.

４税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項又は第二項の規定を適用することができる。

(4)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1) or paragraph (2), when they find any unavoidable grounds for the person's failure to make entries for such matters.

５内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この条において「適格分社型分割等」という。）により固定資産（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に、所有固定資産の滅失若しくは損壊により保険金等の支払を受け、かつ、当該保険金等をもつて取得をした代替資産又は当該期間内に、当該滅失若しくは損壊により保険金等の支払を受け、かつ、当該保険金等をもつて改良をした損壊した所有固定資産若しくは代替資産となるべき資産に限る。以下この項において同じ。）を分割承継法人、被現物出資法人又は被事後設立法人（次項において「分割承継法人等」という。）に移転する場合において、当該固定資産につき、第一項に規定す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は、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。

(5)In the case where a domestic corporation transfers, as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article), the fixed assets (limited to substituted assets that the domestic corporation acquired with the insurance monies, etc. it had received for the loss of or damage to its owned fixed assets during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc., or any of its owned fixed assets which had been damaged and that it improved with the insurance monies, etc. it had received for the loss or damage during the period or assets to become substituted assets; hereinafter the same applies in this paragraph) to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "succeeding corporation in a company split, etc." in the following paragraph), when the book value of the fixed assets has been reduced to within the amount equivalent to the advanced depreciation limit prescribed in paragraph (1), the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

６内国法人が、適格分社型分割等により代替資産（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に所有固定資産の滅失又は損壊による保険金等の支払に代わるべきものとして交付を受けたものに限る。以下この項において同じ。）を分割承継法人等に移転する場合において、当該代替資産につき、第二項に規定す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は、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。

(6)In the case where a domestic corporation transfers, as a result of a qualified company split by spin-off, etc., substituted assets (limited to assets which have been delivered to the domestic corporation in lieu of insurance monies, etc. for the loss of or damage to its owned fixed assets during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc.; hereinafter the same applies in this paragraph) to a succeeding corporation in a company split, etc., when the book value of the substituted assets has been reduced to within the amount equivalent to the advanced depreciation limit prescribed in paragraph (2), the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

７前二項の規定は、これらの規定に規定する内国法人が適格分社型分割等の日以後二月以内にこれらの規定に規定する減額した金額に相当する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。

(7)The provisions of the preceding two paragraphs apply only in the case where the domestic corporation prescribed in these provisions has submitted documents stating the amount equivalent to the reduced amount prescribed in these provisions and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

８合併法人等が適格組織再編成により被合併法人等において第一項、第二項、第五項又は第六項の規定の適用を受けた固定資産の移転を受けた場合における当該固定資産の取得価額その他前各項の規定の適用に関し必要な事項は、政令で定める。

(8)In the case where an acquiring corporation, etc. has received the transfer of any of the fixed assets to which the provisions of paragraph (1), paragraph (2), paragraph (5), or paragraph (6) had been applied under an acquired corporation, etc. as a result of a qualified organizational restructuring, the acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第四十八条保険金等の支払を受ける内国法人（清算中のものを除く。以下この条において同じ。）が、その支払を受ける事業年度（被合併法人の合併（適格合併を除く。次項及び第三項において「非適格合併」という。）の日の前日の属する事業年度を除く。）終了の日の翌日から二年を経過した日の前日（災害その他やむを得ない事由により同日までに前条第一項に規定する代替資産の同項に規定する取得をすることが困難である場合には、政令で定めるところにより納税地の所轄税務署長が指定した日（第六項及び第八項において「指定日」という。）とする。）までの期間内にその保険金等をもつて同条第一項に規定する取得又は改良をしようとする場合（当該内国法人が被合併法人となる適格合併を行い、かつ、当該適格合併に係る合併法人が当該取得又は改良をしようとする場合その他の政令で定める場合を含む。）において、当該取得又は改良に充てようとする保険金等に係る差益金の額として政令で定めるところにより計算した金額以下の金額を当該事業年度の確定した決算において特別勘定を設ける方法（政令で定める方法を含む。）により経理したときは、その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。

Article 48(1)In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) that is to receive the payment of insurance monies, etc. intends to make an acquisition or improvement as prescribed in paragraph (1) of the preceding Article with the insurance monies, etc. during the period up to the day preceding the day on which two years have elapsed from the day following the last day of the business year in which it receives the payment (excluding a business year containing the day preceding the date of a merger (excluding a qualified merger; referred to as a "non-qualified merger" in the following paragraph and paragraph (3)) of an acquired corporation) (in the case where it is difficult to acquire the substituted assets prescribed in paragraph (1) of the preceding Article as prescribed in the paragraph by the date due to any disaster or other unavoidable circumstances, during the period up to the day designated by the competent district director with jurisdiction over the place for tax payment as specified by Cabinet Order (referred to as the "designated date" in paragraph (6) and paragraph (8)) (such case includes the case where the domestic corporation has effected a qualified merger through which it becomes an acquired corporation, and where the acquiring corporation involved in the qualified merger intends to make the acquisition or improvement or other cases specified by Cabinet Order), when the amount not exceeding the amount calculated as a gain pertaining to the insurance monies, etc to be spent for the acquisition or improvement as specified by Cabinet Order has been booked in such a manner as to establish a special account (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２前項の特別勘定を設けている内国法人は、前条第一項に規定する代替資産の同項に規定する取得をした場合、当該内国法人が非適格合併により解散した場合その他の政令で定める場合には、その保険金等に係る特別勘定の金額のうち政令で定めるところにより計算した金額を取り崩さなければならない。

(2)A domestic corporation that has established a special account set forth in the preceding paragraph must, in the case where it has acquired substituted assets as prescribed in paragraph (1) of the preceding Article as specified in the paragraph, or where the domestic corporation has been dissolved as a result of a non-qualified merger, or in other cases as specified by Cabinet Order, dispose of the portion of the special account pertaining to the insurance monies, etc. that has been calculated as specified by Cabinet Order.

３前項の規定により取り崩すべきこととなつた第一項の特別勘定の金額又は前項の規定に該当しないで取り崩した当該特別勘定の金額（第八項の規定により合併法人、分割承継法人、被現物出資法人又は被事後設立法人（第八項及び第十項において「合併法人等」という。）に引き継ぐこととされたものを除く。）は、それぞれその取り崩すべきこととなつた日（前項に規定する内国法人が非適格合併により解散した場合には、当該非適格合併の日の前日）又は取り崩した日の属する事業年度の所得の金額の計算上、益金の額に算入する。

(3)The amount of the special account set forth in paragraph (1) that is to be disposed of under the preceding paragraph or the amount of the special account that has been disposed of without falling under the provisions of the preceding paragraph (excluding the amount to be succeeded to by an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "acquiring corporation, etc." in paragraph (8) and paragraph (10)) pursuant to the provisions of paragraph (8))is included in gross profits, when calculating the amount of income, respectively, for the business year containing the day on which the former amount is to be disposed of (in the case where the domestic corporation prescribed in the preceding paragraph has been dissolved as a result of a non-qualified merger, containing the day preceding the date of the non-qualified merger) or for the business year containing the day on which the latter amount was disposed of.

４第一項の規定は、確定申告書に同項に規定する経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(4)The provisions of paragraph (1) apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the booked amount prescribed in the paragraph.

５税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(5)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

６内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この条において「適格分社型分割等」という。）を行い、かつ、当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に保険金等の支払を受けている場合（当該適格分社型分割等の日から当該事業年度終了の日の翌日以後二年を経過した日の前日（指定日がある場合には、当該指定日）までの期間内に当該適格分社型分割等に係る分割承継法人、被現物出資法人又は被事後設立法人（第八項及び第九項において「分割承継法人等」という。）が当該保険金等をもつて前条第一項に規定する取得又は改良をすることが見込まれる場合に限る。）において、その取得又は改良に充てようとする保険金等に係る第一項に規定する計算した金額に相当する金額の範囲内で同項の特別勘定に相当するもの（以下この条において「期中特別勘定」という。）を設けたときは、当該設けた期中特別勘定の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。

(6)In the case where a domestic corporation has effected a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation acquisition (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article) and has received the payment of insurance monies, etc. during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc. (limited to the case where the succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "succeeding corporation in a company split, etc." in paragraph (8) and paragraph (9)) involved in the qualified company split by spin-off, etc. is expected to make an acquisition or improvement as prescribed in paragraph (1) of the preceding Article with the insurance monies, etc. during the period from the date of the qualified company split by spin-off, etc. to the day preceding the day on which two years have elapsed from the day following the last day of the business year (in the case where any date is designated, up to the designated date), when a special account equivalent to that which is set forth in paragraph (1) has been established within the limit equivalent to the amount of insurance monies, etc. to be spent for the acquisition or improvement (hereinafter such special account is referred to as a "special account during the period" in this Article), the amount equivalent to the amount of the special account during the period established as above is included in deductible expenses, when calculating the amount of income for the business year:

７前項の規定は、同項の内国法人が適格分社型分割等の日以後二月以内に期中特別勘定の金額に相当する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。

(7)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted documents stating the amount equivalent to the special account during the period and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

８内国法人が、適格合併、適格分割、適格現物出資又は適格事後設立（以下この項において「適格組織再編成」という。）を行つた場合には、次の各号に掲げる適格組織再編成の区分に応じ、当該各号に定める特別勘定の金額又は期中特別勘定の金額は、当該適格組織再編成に係る合併法人等に引き継ぐものとする。

(8)In the case where a domestic corporation has effected a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph), the amount of a special account or special account during the period as prescribed in the following items is to be succeeded to by an acquiring corporation, etc. involved in the qualified organizational restructuring, in accordance with the category of the following qualified organizational restructuring:

９前項の規定は、第一項の特別勘定を設けている内国法人で適格分割、適格現物出資又は適格事後設立（以下この項において「適格分割等」という。）を行つたもの（当該特別勘定及び期中特別勘定の双方を設けている内国法人であつて、適格分社型分割等により分割承継法人等に当該期中特別勘定の金額のみを引き継ぐものを除く。）にあつては、当該特別勘定を設けている内国法人が当該適格分割等の日以後二月以内に当該適格分割等により分割承継法人等に引き継ぐ当該特別勘定の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。

(9)With regard to a domestic corporation that has established a special account set forth in paragraph (1) and has effected a qualified merger, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split, etc." in this paragraph) (excluding a domestic corporation that has established both the special account and a special account during the period and carries over only the amount of the special account during the period to a succeeding corporation in a company split, etc. as a result of a qualified company split by spin-off, etc.), the provisions of the preceding paragraph apply only in the case where the domestic corporation that has established the special account has submitted documents stating the amount of the special account to be carried over to a succeeding corporation in a company split, etc. as a result of a qualified company split, etc. and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split, etc.

１０第八項の規定により合併法人等が引継ぎを受けた第一項の特別勘定の金額又は期中特別勘定の金額は、当該合併法人等が同項の規定により設けている同項の特別勘定の金額とみなす。

(10)The amount of a special account set forth in paragraph (1) or the amount of a special account during the period that an acquiring corporation, etc. has succeeded to pursuant to the provisions of paragraph (8) is deemed to be the amount of a special account set forth in paragraph (1) that the acquiring corporation, etc. has established pursuant to the provisions of the paragraph.

１１合併、分割、現物出資又は事後設立（第二条第十二号の六（定義）に規定する事後設立をいう。）が行われた場合における前各項の規定の適用に関し必要な事項は、政令で定める。

(11)Necessary matters concerning the application of the provisions of the preceding paragraphs in the case where a merger, company split, contribution in kind to the capital of the receiving corporation, or post-formation contribution (meaning the post-formation contribution prescribed in Article 2, item (xii)-6 (Definitions)) has been effected are specified by Cabinet Order.

第四十九条前条第一項の特別勘定の金額（既に取り崩すべきこととなつたものを除く。）を有する内国法人が、同項に規定する期間（当該特別勘定の金額が同条第八項の規定により被合併法人から引継ぎを受けたものである場合その他の政令で定める場合には、政令で定める期間。第四項において「取得指定期間」という。）内に同条第一項に規定する取得又は改良をした場合において、その取得又は改良に係る固定資産につき、その取得又は改良をした日における当該特別勘定の金額のうちその取得又は改良に充てた保険金等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（以下この項及び第四項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又は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（政令で定める方法を含む。）により経理したときは、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。

Article 49(1)In the case where a domestic corporation that holds the amount of a special account set forth in paragraph (1) of the preceding Article (excluding the amount already having been disposed of) has made an acquisition or improvement as prescribed in the paragraph during the period prescribed in the paragraph (in the case where the amount of the special account was the amount succeeded to from an acquired corporation pursuant to the provisions of paragraph (8) of the preceding Article or in other cases as specified by Cabinet Order, during the period specified by Cabinet Order; referred to as the "designated acquisition period" in paragraph (4)), when the book value of the fixed assets pertaining to the acquisition or improvement has been reduced by accounting for losses to within the limit of the amount calculated, as specified by Cabinet Order, as the portion of the special account as of the date of the acquisition or improvement that pertains to the insurance monies, etc. spent for the acquisition or improvement (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph and paragraph (4)) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.

２前項の規定は、確定申告書に同項に規定する減額し又は経理した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(2)The provisions of the preceding paragraph apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount reduced or booked as prescribed in the paragraph.

３税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(3)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

４第一項の特別勘定の金額を有する内国法人が適格分社型分割、適格現物出資又は適格事後設立（以下この項及び次項において「適格分社型分割等」という。）を行い、かつ、当該内国法人が当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に第一項に規定する取得又は改良をした場合（当該取得又は改良に係る取得指定期間内に当該取得又は改良をし、かつ、当該取得又は改良をした固定資産を当該適格分社型分割等により分割承継法人、被現物出資法人又は被事後設立法人に移転する場合に限る。）において、当該固定資産につき、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は、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。

(4)In the case where a domestic corporation that holds the amount of a special account set forth in paragraph (1) has effected a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this paragraph and the following paragraph) and where the domestic corporation has made an acquisition or improvement as prescribed in paragraph (1) during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc. (limited to the case where the acquisition or improvement has been made during the designated acquisition period pertaining to the acquisition or improvement, and the acquired or improved fixed assets are to be transferred to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation as a result of the qualified company split by spin-off, etc.), when the book value of the fixed assets has been reduced to within the advanced depreciation limit, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

５前項の規定は、同項に規定する内国法人が適格分社型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に相当する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。

(5)The provisions of the preceding paragraph apply only in the case where the domestic corporation prescribed in the paragraph has submitted documents stating the amount equivalent to the reduced amount prescribed in the paragraph and other matters as specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

６合併法人、分割承継法人、被現物出資法人又は被事後設立法人が適格合併、適格分割、適格現物出資又は適格事後設立により被合併法人、分割法人、現物出資法人又は事後設立法人において第一項又は第四項の規定の適用を受けた固定資産の移転を受けた場合における当該固定資産の取得価額その他前各項の規定の適用に関し必要な事項は、政令で定める。

(6)In the case where an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation has received the transfer of any of the fixed assets to which the provisions of paragraph (1) or paragraph (4) had been applied under an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation, as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution , acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第五十条内国法人（清算中のものを除く。以下この条において同じ。）が、各事業年度において、一年以上有していた固定資産（当該内国法人が適格合併、適格分割、適格現物出資又は適格事後設立（以下この項及び第七項において「適格組織再編成」という。）により被合併法人、分割法人、現物出資法人又は事後設立法人（以下この項及び第七項において「被合併法人等」という。）から移転を受けたもので、当該被合併法人等と当該内国法人の有していた期間の合計が一年以上であるものを含む。）で次の各号に掲げるものをそれぞれ他の者が一年以上有していた固定資産（当該他の者が適格組織再編成により被合併法人等から移転を受けたもので、当該被合併法人等と当該他の者の有していた期間の合計が一年以上であるものを含む。）で当該各号に掲げるもの（交換のために取得したと認められるものを除く。）と交換し、その交換により取得した当該各号に掲げる資産（以下この条において「取得資産」という。）をその交換により譲渡した当該各号に掲げる資産（以下この条において「譲渡資産」という。）の譲渡の直前の用途と同一の用途に供した場合において、その取得資産につき、その交換により生じた差益金の額として政令で定めるところにより計算した金額の範囲内でその帳簿価額を損金経理により減額したときは、その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。

Article 50(1)In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) has, in each business year, exchanged any of the following fixed assets that it had owned for one year or longer (including fixed assets that the domestic corporation had received from an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph and paragraph (7)) as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph and paragraph (7)) and that had been owned by the acquired corporation, etc. and the domestic corporation for one year or longer in total) with the relevant fixed assets listed as follows that other persons had owned for one year or longer (including fixed assets that the other persons had received from an acquired corporation, etc. as a result of qualified organizational restructuring and that had been owned by the acquired corporation, etc. and the other persons for one year or longer in total) (such fixed assets exclude those deemed to have been acquired for the purpose of exchanging them with other assets), and has used the following assets that it acquired through the exchange (hereinafter referred to as the "acquired assets" in this Article) for the same usage as that of the relevant assets listed as follows that it transferred through the exchange (hereinafter referred to as the "transferred assets" in this Article) immediately prior to the transfer, when the book value of the acquired assets has been reduced by accounting for losses within the limit of the amount calculated as specified by Cabinet Order as the amount of gain on the exchange, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year:

２前項及び第五項の規定は、これらの規定の交換の時における取得資産の価額と譲渡資産の価額との差額がこれらの価額のうちいずれか多い価額の百分の二十に相当する金額を超える場合には、適用しない。

(2)The provisions of the preceding paragraph and paragraph (5) do not apply in the case where the difference between the value of the acquired assets and that of the transferred assets at the time of an exchange set forth in these provisions exceeds 20 percent of the larger value of either of these.

３第一項の規定は、確定申告書に同項に規定する減額した金額に相当する金額の損金算入に関する明細の記載がある場合に限り、適用する。

(3)The provisions of paragraph (1) apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount reduced as prescribed in the paragraph.

４税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(4)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

５内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この項及び次項において「適格分社型分割等」という。）により取得資産（当該適格分社型分割等の日の属する事業年度開始の時から当該適格分社型分割等の直前の時までの期間内に、第一項に規定する交換により取得をし、譲渡資産の譲渡の直前の用途と同一の用途に供したものに限る。）を分割承継法人、被現物出資法人又は被事後設立法人に移転する場合において、当該取得資産につき、同項に規定する計算した金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は、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。

(5)In the case where a domestic corporation transfers, as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution(hereinafter referred to as a "qualified company split by spin-off, etc." in this paragraph and the following paragraph), any acquired assets (limited to assets that had been acquired through an exchange as prescribed in paragraph (1) during the period from the beginning of the business year containing the date of the qualified company split by spin-off, etc. to immediately prior to the qualified company split by spin-off, etc. and used for the same usage as that of the transferred assets immediately prior to the transfer) to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation, when the book value of the acquired assets has been reduced to within the amount equivalent to the calculated amount prescribed in paragraph (1), the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.

６前項の規定は、同項の内国法人が適格分社型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に相当する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。

(6)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted documents stating the amount equivalent to the reduced amount prescribed in the paragraph and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

７合併法人、分割承継法人、被現物出資法人又は被事後設立法人が適格組織再編成により被合併法人等において第一項又は第五項の規定の適用を受けた固定資産の移転を受けた場合における当該固定資産の取得価額その他前各項の規定の適用に関し必要な事項は、政令で定める。

(7)In the case where an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation has received the transfer of any of the fixed assets to which the provisions of paragraph (1) or paragraph (5) had been applied under an acquired corporation, etc. as a result of a qualified organizational restructuring, acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第五十二条内国法人が、会社更生法の規定による更生計画認可の決定に基づいてその有する金銭債権の弁済を猶予され、又は賦払により弁済される場合その他の政令で定める場合において、その一部につき貸倒れその他これに類する事由による損失が見込まれる金銭債権（当該金銭債権に係る債務者に対する他の金銭債権（適格分割型分割に該当しない分割型分割により分割承継法人に移転するものを除く。）がある場合には当該他の金銭債権を含むものとし、適格合併に該当しない合併又は適格分割型分割に該当しない分割型分割（次項において「非適格合併等」という。）により合併法人又は分割承継法人（次項において「合併法人等」という。）に移転する金銭債権を除く。以下この条において「個別評価金銭債権」という。）のその損失の見込額として、各事業年度において損金経理により貸倒引当金勘定に繰り入れた金額については、当該繰り入れた金額のうち、当該事業年度終了の時において当該個別評価金銭債権の取立て又は弁済の見込みがないと認められる部分の金額を基礎として政令で定めるところにより計算した金額（第五項において「個別貸倒引当金繰入限度額」という。）に達するまでの金額は、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。

Article 52(1)In the case where a domestic corporation is granted a grace period for payment or is allowed an installment payment of their monetary claims, based on the order on the confirmation of a reorganization plan, pursuant to the provisions of the Corporate Reorganization Act, or in any other cases specified by Cabinet Order, the amount credited to the reserve for bad debts in each business year, by accounting for losses, to be the prospective net operating loss on monetary claims, part of which are expected to generate loss due to bad debts or on any other equivalent grounds (in the case where there are other monetary claims for the debtor of the monetary claims (excluding any monetary claims to be transferred to a succeeding corporation in a company split as a result of a company split by split-off that does not fall under the category of a qualified company split by split-off), including this other monetary claims and excluding any monetary claims to be transferred to an acquiring corporation or succeeding corporation in a company split (referred to as a "acquiring corporation, etc." in the following paragraph) as a result of a merger that does not fall under the category of a qualified merger or a company split by split-off that does not fall under the category of a qualified company split by split-off (referred to as a "non-qualified merger, etc." in the following paragraph); hereinafter such monetary claims are referred to as "individually assessed monetary claims" in this Article) is included in deductible expenses, when calculating the amount of income for the business year, up to the amount calculated as specified by Cabinet Order, based on the portion of the amount credited for which it is deemed that there is little chance of the collection or payment of the individually assessed monetary claims as of the end of the business year (such calculated amount is referred to as the "limit to individual credit reserve for bad debts" in paragraph (5)).

２内国法人が、その有する売掛金、貸付金その他これらに準ずる金銭債権（個別評価金銭債権及び非適格合併等により合併法人等に移転する金銭債権を除く。以下この項及び第八項において「一括評価金銭債権」という。）の貸倒れによる損失の見込額として、各事業年度において損金経理により貸倒引当金勘定に繰り入れた金額については、当該繰り入れた金額のうち、当該事業年度終了の時において有する一括評価金銭債権の額及び最近における売掛金、貸付金その他これらに準ずる金銭債権の貸倒れによる損失の額を基礎として政令で定めるところにより計算した金額に達するまでの金額は、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。

(2)The amount that a domestic corporation has credited to the reserve for bad debts in each business year, by accounting for losses, to be the prospective net operating loss due to the bad debts of their accounts receivable, loans, or any other equivalent monetary claims (excluding individually assessed monetary claims and monetary claims to be transferred to an acquiring corporation, etc. as a result of a non-qualified merger, etc.; hereinafter referred to as "collectively assessed monetary claims" in this paragraph),is included in deductible expenses, when calculating the amount of income for the business year, up to the amount calculated as specified by Cabinet Order, based on the amount of collectively assessed monetary claims as of the end of the business year and the net operating loss due to the bad debts of the accounts receivable, loans, or any other equivalent monetary claims.

３前二項の規定は、確定申告書にこれらの規定に規定する貸倒引当金勘定に繰り入れた金額の損金算入に関する明細の記載がある場合に限り、適用する。

(3)The provisions of the preceding two paragraphs apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount credited to the reserve for bad debts prescribed in these provisions.

４税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項及び第二項の規定を適用することができる。

(4)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1) and paragraph (2), when they find any unavoidable grounds for the person's failure to make entries for such matters.

５内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この条において「適格分社型分割等」という。）により分割承継法人、被現物出資法人又は被事後設立法人に個別評価金銭債権を移転する場合において、当該個別評価金銭債権について第一項の貸倒引当金勘定に相当するもの（以下この条において「期中貸倒引当金勘定」という。）を設けたときは、当該設けた期中貸倒引当金勘定の金額に相当する金額のうち、当該個別評価金銭債権につき当該適格分社型分割等の直前の時を事業年度終了の時とした場合に同項の規定により計算される個別貸倒引当金繰入限度額に相当する金額に達するまでの金額は、当該適格分社型分割等の日の属する事業年度の所得の金額の計算上、損金の額に算入する。

(5)In the case where a domestic corporation transfers individually assessed monetary claims to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article), when an account equivalent to the reserve for bad debts set forth in paragraph (1) (hereinafter referred to as the "reserve for bad debts during the period" in this Article) has been established with regard to the individually assessed monetary claims, the portion of the amount equivalent to the amount of the reserve for bad debts during the period established as above is included in deductible expenses, when calculating the amount of income for the business year containing the date of the qualified company split by spin-off, etc.," up to the amount equivalent to the limit to individual credit reserve for bad debts calculated as prescribed in paragraph (1) with regard to the individually assessed monetary claims by deeming the time immediately prior to the qualified company split by spin-off, etc. to be the end of the business year.

６前項の規定は、同項の内国法人が適格分社型分割等の日以後二月以内に期中貸倒引当金勘定の金額に相当する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。

(6)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted documents stating the amount equivalent to the amount of the reserve for bad debts during the period and other matters specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

７内国法人が、適格合併、適格分割、適格現物出資又は適格事後設立（以下この項及び第十項において「適格組織再編成」という。）を行つた場合には、次の各号に掲げる適格組織再編成の区分に応じ、当該各号に定める貸倒引当金勘定の金額又は期中貸倒引当金勘定の金額は、当該適格組織再編成に係る合併法人、分割承継法人、被現物出資法人又は被事後設立法人（第十項において「合併法人等」という。）に引き継ぐものとする。

(7)In the case where a domestic corporation has effected a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph and paragraph (10)), the amount of the reserve for bad debts or the reserve for bad debts during the period prescribed in the following items, in accordance with the category of qualified organizational restructuring listed in the relevant item, is to be succeeded to by an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "acquiring corporation, etc." in paragraph (10)) involved in the qualified organizational restructuring:

８第一項、第二項及び第五項の規定の適用については、個別評価金銭債権及び一括評価金銭債権には、内国法人が当該内国法人との間に連結完全支配関係がある連結法人に対して有する金銭債権を含まないものとする。

(8)With regard to the application of the provisions of paragraph (1), paragraph (2) and paragraph (5), individually assessed monetary claims and collectively assessed monetary claims do not include any monetary claims that a domestic corporation holds against a consolidated corporation that has a consolidated full controlling interest in the domestic corporation.

９第一項又は第二項の規定により各事業年度の所得の金額の計算上損金の額に算入されたこれらの規定に規定する貸倒引当金勘定の金額（第七項の規定により適格分割型分割に係る分割承継法人に引き継がれたものを除く。）は、当該事業年度の翌事業年度の所得の金額の計算上、益金の額に算入する。

(9)The amount of the reserve for bad debts prescribed in paragraph (1) or paragraph (2) that was included in deductible expenses, when calculating the amount of income for each business year (excluding the amount succeeded to by a succeeding corporation in a company split involved in a qualified company split by split-off pursuant to the provisions of paragraph (7)), is included in gross profits, when calculating the amount of income for the business year following the business year.

１０第七項の規定により合併法人等が引継ぎを受けた貸倒引当金勘定の金額又は期中貸倒引当金勘定の金額は、当該合併法人等の適格組織再編成の日の属する事業年度の所得の金額の計算上、益金の額に算入する。

(10)The amount of the reserve for bad debts or the reserve for bad debts during the period succeeded to by an acquiring corporation, etc. pursuant to the provisions of paragraph (7) is included in gross profits, when calculating the amount of income for the business year containing the date of a qualified organizational restructuring of the acquiring corporation, etc.

１１第十条の三第一項（課税所得の範囲の変更等の場合のこの法律の適用）に規定する特定普通法人が公益法人等に該当することとなる場合の当該特定普通法人のその該当することとなる日の前日の属する事業年度については、第一項及び第二項の規定は、適用しない。

(11)In the case where a specified ordinary corporation prescribed in Article 10-3, paragraph (1) (Application of this Act in the Case of Revising the Scope of Taxable Income, etc.) falls under the category of a corporation in the public interest, etc., the provisions of paragraph (1) and paragraph (2) do not apply to the business year containing the day preceding the day on which the corporation falls under the category.

１２第三項、第四項及び第六項に定めるもののほか、第一項、第二項、第五項及び第七項から前項までの規定の適用に関し必要な事項は、政令で定める。

(12)Beyond what is provided for in paragraph (3), paragraph (4), and paragraph (6), necessary matters concerning the application of the provisions of paragraph (1), paragraph (2), paragraph (5), and paragraph (7) to the preceding paragraph are specified by Cabinet Order.

第五十三条内国法人で出版業その他の政令で定める事業（以下この条において「対象事業」という。）を営むもののうち、常時、その販売する当該対象事業に係る棚卸資産の大部分につき、当該販売の際の価額による買戻しに係る特約その他の政令で定める特約を結んでいるものが、当該棚卸資産（適格合併に該当しない合併又は適格分割型分割に該当しない分割型分割により合併法人又は分割承継法人に移転する事業に係るものを除く。）の当該特約に基づく買戻しによる損失の見込額として、各事業年度終了の時において損金経理により返品調整引当金勘定に繰り入れた金額については、当該繰り入れた金額のうち、最近における当該対象事業に係る棚卸資産の当該特約に基づく買戻しの実績を基礎として政令で定めるところにより計算した金額（第四項において「返品調整引当金繰入限度額」という。）に達するまでの金額は、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。

Article 53(1)With regard to a domestic corporation that conducts a publishing business or any other business as specified by Cabinet Order (hereinafter referred to as a "relevant business" in this Article) and who continuously concludes special agreements on redemption of most of their inventories for a sale related to the relevant business at the value at the time of the sale thereof or any other special agreements specified by Cabinet Order, the amount credited to the reserve for losses on returned goods at the end of each business year, by accounting for losses, to be the prospective net operating loss due to the redemption of the inventories (excluding inventories related to a business to be transferred to an acquiring corporation or succeeding corporation in a company split as a result of a merger that does not fall under the category of a qualified merger or a company split by split-off that does not fall under the category of a qualified company split by split-off), under the special agreements, is included in deductible expenses, when calculating the amount of income for the business year, up to the amount calculated as specified by Cabinet Order, based on the actual amount of the redemption of the inventories related to the relevant business under the special agreements in recent years (such calculated amount is referred to as the "limit to credit reserve for loss on returned goods" in paragraph (4)).

２前項の規定は、確定申告書に返品調整引当金勘定に繰り入れた金額の損金算入に関する明細の記載がある場合に限り、適用する。

(2)The provisions of the preceding paragraph apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount credited to the reserve for loss on returned goods.

３税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(3)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

４内国法人が、適格分社型分割、適格現物出資又は適格事後設立（第六項までにおいて「適格分社型分割等」という。）により分割承継法人、被現物出資法人又は被事後設立法人に対象事業の全部又は一部を移転する場合において、当該移転をする対象事業について第一項の返品調整引当金勘定に相当するもの（以下この条において「期中返品調整引当金勘定」という。）を設けたときは、当該設けた期中返品調整引当金勘定の金額に相当する金額のうち、当該適格分社型分割等の直前の時を事業年度終了の時とした場合に同項の規定により計算される返品調整引当金繰入限度額に相当する金額に達するまでの金額は、当該適格分社型分割等の日の属する事業年度の所得の金額の計算上、損金の額に算入する。

(4)In the case where a domestic corporation transfers the whole or a part of the relevant business to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation as a result of a qualified company split by spin-off, qualified contribution in kind, or qualified post-formation contribution (referred to as a "qualified company split by spin-off, etc." through to paragraph (6)), when an account equivalent to the reserve for loss on returned goods set forth in paragraph (1) (hereinafter referred to as the "reserve for loss on returned goods during the period" in this Article) has been established with regard to the relevant business to be transferred, the portion of the amount equivalent to the amount of the reserve for loss on returned goods during the period established as above is included in deductible expenses, when calculating the amount of income for the business year containing the date of the qualified company split by spin-off, etc.," up to the amount equivalent to the limit to credit reserve for loss on returned goods calculated as prescribed in paragraph (1) by deeming the time immediately prior to the qualified company split by spin-off, etc. to be the end of the business year.

５前項の規定は、同項の内国法人が適格分社型分割等の日以後二月以内に期中返品調整引当金勘定の金額に相当する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。

(5)The provisions of the preceding paragraph apply only in the case where the domestic corporation set forth in the paragraph has submitted documents stating the amount equivalent to the reserve for loss on returned goods during the period and any other matters as specified by Ordinance of the Ministry of Finance to the competent district director with jurisdiction over the place for tax payment, within two months after the date of the qualified company split by spin-off, etc.

６内国法人が、適格合併、適格分割、適格現物出資又は適格事後設立（以下この項及び第八項において「適格組織再編成」という。）を行つた場合には、次の各号に掲げる適格組織再編成の区分に応じ、当該各号に定める返品調整引当金勘定の金額又は期中返品調整引当金勘定の金額は、当該適格組織再編成に係る合併法人、分割承継法人、被現物出資法人又は被事後設立法人（第八項において「合併法人等」という。）に引き継ぐものとする。

(6)In the case where a domestic corporation has effected a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph and paragraph (8)), the amount of the reserve for loss on returned goods or the reserve for loss on returned goods during the period prescribed in the following items, in accordance with the category of qualified organizational restructuring listed in the relevant item, is to be succeeded to by an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "acquiring corporation, etc." in paragraph (8)) involved in the qualified organizational restructuring:

７第一項の規定により各事業年度の所得の金額の計算上損金の額に算入された同項に規定する返品調整引当金勘定の金額（前項の規定により適格分割型分割に係る分割承継法人に引き継がれたものを除く。）は、当該事業年度の翌事業年度の所得の金額の計算上、益金の額に算入する。

(7)The amount of the reserve for loss on returned goods prescribed in paragraph (1) that was included in deductible expenses, when calculating the amount of income for each business year (excluding the amount succeeded to by a succeeding corporation in a company split involved in a qualified company split by split-off pursuant to the provisions of the preceding paragraph), is included in gross profits, when calculating the amount of income for the business year following the business year.

８第六項の規定により合併法人等が引継ぎを受けた返品調整引当金勘定の金額又は期中返品調整引当金勘定の金額は、当該合併法人等の適格組織再編成の日の属する事業年度の所得の金額の計算上、益金の額に算入する。

(8)The amount of the reserve for loss on returned goods or the reserve for loss on returned goods during the period succeeded to by an acquiring corporation, etc. pursuant to the provisions of paragraph (6) is included in gross profits, when calculating the amount of income for the business year containing the date of a qualified organizational restructuring of the acquiring corporation, etc.

９第十条の三第一項（課税所得の範囲の変更等の場合のこの法律の適用）に規定する特定普通法人が公益法人等に該当することとなる場合の当該特定普通法人のその該当することとなる日の前日の属する事業年度については、第一項の規定は、適用しない。

(9)In the case where a specified ordinary corporation as prescribed in Article 10-3, paragraph (1) (Application of this Act in the Case of Revising the Scope of Taxable Income, etc.) comes to fall under the category of a corporation in the public interest, etc., the provisions of paragraph (1) do not apply to the business year containing the day preceding the day on which the corporation comes to fall under the category.

１０第二項、第三項及び第五項に定めるもののほか、第一項、第四項及び第六項から前項までの規定の適用に関し必要な事項は、政令で定める。

(10)Beyond what is provided for in paragraph (2), paragraph (3), and paragraph (5), necessary matters concerning the application of the provisions of paragraph (1), paragraph (4), and paragraph (6) through the preceding paragraph are specified by Cabinet Order.

第五十四条内国法人が、個人から役務の提供を受ける場合において、当該役務の提供に係る費用の額につきその対価として新株予約権（当該役務の提供の対価として当該個人に生ずる債権を当該新株予約権と引換えにする払込みに代えて相殺すべきものに限る。）を発行したとき（合併、分割、株式交換又は株式移転（以下この項において「合併等」という。）に際し当該合併等に係る合併法人、分割承継法人、株式交換完全親法人又は株式移転完全親法人（次項において「合併法人等」という。）である内国法人が当該合併等に係る被合併法人、分割法人、株式交換完全子法人又は株式移転完全子法人の当該新株予約権を有する者に対し自己の新株予約権（次項及び第三項において「承継新株予約権」という。）を交付したときを含む。）は、当該個人において当該役務の提供につき所得税法その他所得税に関する法令の規定により当該個人の同法に規定する給与所得その他の政令で定める所得の金額に係る収入金額とすべき金額又は総収入金額に算入すべき金額を生ずべき事由（次項において「給与等課税事由」という。）が生じた日において当該役務の提供を受けたものとして、この法律の規定を適用する。

Article 54(1)In the case where a domestic corporation receives the provision of services from an individual and has issued, as the consideration for the expenses for providing the services, share options (limited to share options that offset the claims arising on the individual as the consideration for providing the services, in lieu of the payment in exchange for the share options) (including the case where a domestic corporation that is an acquiring corporation, succeeding corporation in a company split, wholly owning parent corporation in a share exchange, or wholly owning parent corporation in a share transfer (referred to as a "acquiring corporation, etc." in the following paragraph) involved in a merger, company split, share exchange, or share transfer (hereinafter referred to as a "merger, etc." in this paragraph) has delivered its own share options (referred to as "succeeding share options" in the following paragraph and paragraph (3)) to a person who holds the share options of the acquired corporation, splitting corporation, wholly owned subsidiary corporation in the share exchange, or wholly owned subsidiary corporation in the share transfer involved in the merger, etc.), the provisions of this Act apply by deeming that the domestic corporation had received the provision of the services as of the day on which the grounds occurred for the emergence of the amount to be included in the individual's gross revenue or revenue from employment income as prescribed in the Income Tax Act or other income prescribed in other laws and regulations on income tax, with regard to the provision of the services, pursuant to the provisions of the Income Tax Act and other laws and regulations on income tax (such grounds are referred to as "grounds for taxation on earnings, etc." in the following paragraph).

２前項に規定する場合において、同項の個人において同項の役務の提供につき給与等課税事由が生じないときは、同項の新株予約権を発行した内国法人（承継新株予約権を交付した合併法人等である内国法人を含む。以下この条において「発行法人」という。）の当該役務の提供に係る費用の額は、当該発行法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(2)In the case prescribed in the preceding paragraph, when no grounds for taxation on earnings, etc. occur with regard to an individual for the provision of the services set forth in the paragraph, the amount of expenses for the provision of the services incurred by a domestic corporation that has issued share options set forth in the paragraph (including a domestic corporation that is an acquiring corporation, etc. having delivered succeeding share options; hereinafter referred to as an "issuing corporation" in this Article) is excluded from deductible expenses, when calculating the amount of income of the issuing corporation for each business year.

３前項に規定する場合において、第一項の新株予約権（承継新株予約権を含む。）が消滅をしたときは、当該消滅による利益の額は、発行法人の各事業年度の所得の金額の計算上、益金の額に算入しない。

(3)In the case prescribed in the preceding paragraph, when share options (including succeeding share options) set forth in paragraph (1) have become extinct, the amount of gain on the extinction is excluded from gross profits, when calculating the amount of income of the issuing corporation for each business year.

４発行法人は、確定申告書に当該新株予約権の一個当たりのその発行の時の価額、発行数、当該事業年度において行使された数その他当該新株予約権の状況に関する明細書の添付をしなければならない。

(4)The issuing corporation must attach to a tax return a detailed statement concerning the value of the share options per share at the time of issuance, the number of the issued share options, the number of the share options exercised in the business year, and other circumstances which affect the share options.

５内国法人が新株予約権を発行する場合において、その新株予約権と引換えに払い込まれる金銭の額（金銭の払込みに代えて給付される金銭以外の資産の価額及び相殺される債権の額を含む。以下この項において同じ。）がその新株予約権のその発行の時の価額に満たないとき（その新株予約権を無償で発行したときを含む。）又はその新株予約権と引換えに払い込まれる金銭の額がその新株予約権のその発行の時の価額を超えるときは、その満たない部分の金額（その新株予約権を無償で発行した場合には、その発行の時の価額）又はその超える部分の金額に相当する金額は、その内国法人の各事業年度の所得の金額の計算上、損金の額又は益金の額に算入しない。

(5)In the case where a domestic corporation issues share options and where the amount of monies to be paid in exchange for the share options (including the value of assets other than monies to be delivered in lieu of the payment of monies and the amount of claims to be offset; hereinafter the same applies in this paragraph) does not reach the value of the share options at the time of issuance (including the case where the domestic corporation has issued the share options without compensation) or where the amount of monies to be paid in exchange for the share options exceeds the value of the share options at the time of issuance, the amount equivalent to the shortfall (in the case where the domestic corporation has issued the share options without compensation, the value of the share options at the time of issuance) or the amount equivalent to the excess is excluded from deductible expenses or gross profits, when calculating the amount of income of the domestic corporation for each business year.

６第四項に定めるもののほか、第一項から第三項まで又は前項の規定の適用に関し必要な事項は、政令で定める。

(6)Beyond what is provided for in paragraph (4), necessary matters concerning the application of the provisions of paragraphs (1) through (3) or the preceding paragraph are specified by Cabinet Order.

第五十五条内国法人が、その所得の金額若しくは欠損金額又は法人税の額の計算の基礎となるべき事実の全部又は一部を隠ぺいし、又は仮装すること（以下この項及び次項において「隠ぺい仮装行為」という。）によりその法人税の負担を減少させ、又は減少させようとする場合には、当該隠ぺい仮装行為に要する費用の額又は当該隠ぺい仮装行為により生ずる損失の額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 55(1)In the case where a domestic corporation reduces or attempts to reduce the burden of corporation tax by concealing or falsifying the whole or a part of the facts that are to be used as the basis of the calculation of the amount of its income, loss, or corporation tax (hereinafter referred to as "acts of concealing or falsifying" in this paragraph and the following paragraph), the amount of expenses required for the acts of concealing or falsifying or the net operating loss arising from the acts of concealing or falsifying is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

２前項の規定は、内国法人が隠ぺい仮装行為によりその納付すべき法人税以外の租税の負担を減少させ、又は減少させようとする場合について準用する。

(2)The provisions of the preceding paragraph apply mutatis mutandis to the case where a domestic corporation reduces or attempts to reduce the burden of taxes other than corporation tax that it is due to pay through any acts of concealing or falsifying.

３内国法人が納付する次に掲げるものの額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(3)The following amounts that a domestic corporation pays are excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year:

４内国法人が納付する次に掲げるものの額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(4)The following amounts that a domestic corporation pays are excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year:

５内国法人が供与をする刑法（明治四十年法律第四十五号）第百九十八条（贈賄）に規定する賄賂又は不正競争防止法（平成五年法律第四十七号）第十八条第一項（外国公務員等に対する不正の利益の供与等の禁止）に規定する金銭その他の利益に当たるべき金銭の額及び金銭以外の資産の価額並びに経済的な利益の額の合計額に相当する費用又は損失の額（その供与に要する費用の額又はその供与により生ずる損失の額を含む。）は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

(5)The amount of a bribe as prescribed in Article 198 (Bribe) of the Penal Code (Act No. 45 of 1907), monies or other profits as prescribed in Article 18, paragraph (1) (Prohibition of Provision of Illicit Profit, etc. to Foreign Public Officials, etc.) of the Unfair Competition Prevention Act (Act No.47 of 1993), and the value of assets other than monies which is provided by a domestic corporation, and the amount of expenses equivalent to the total of the economic benefits or the net operating loss (including the amount of expenses required for the provision thereof or the net operating loss on the provision thereof),is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

第五十七条確定申告書を提出する内国法人の各事業年度開始の日前七年以内に開始した事業年度において生じた欠損金額（この項の規定により当該各事業年度前の事業年度の所得の金額の計算上損金の額に算入されたもの及び第八十条（欠損金の繰戻しによる還付）の規定により還付を受けるべき金額の計算の基礎となつたものを除く。）がある場合には、当該欠損金額に相当する金額は、当該各事業年度の所得の金額の計算上、損金の額に算入する。ただし、当該欠損金額に相当する金額が当該欠損金額につき本文の規定を適用しないものとして計算した場合における当該各事業年度の所得の金額（当該欠損金額の生じた事業年度前の事業年度において生じた欠損金額に相当する金額で本文又は第五十八条第一項（青色申告書を提出しなかつた事業年度の災害による損失金の繰越し）の規定により当該各事業年度の所得の金額の計算上損金の額に算入されるものがある場合には、当該損金の額に算入される金額を控除した金額）を超える場合は、その超える部分の金額については、この限りでない。

Article 57(1)In the case where a domestic corporation that files a final return form shows any net operating loss that arose in a business year starting within seven years prior to the first day of each of its business years (such amount excludes the amount that was included in deductible expenses in the calculation of the amount of income for the business year prior to each relevant business year under this paragraph and the amount that was used as the basis of the calculation of the amount to be refunded under Article 80 (Refund by Carryback of Loss)), the amount equivalent to the loss is included in deductible expenses, when calculating the amount of income for each relevant business year; provided, however, that in the case where the amount equivalent to the loss exceeds the amount of income for each relevant business year calculated without applying the provisions of the main clause to the loss (in the case where there is any amount which is equivalent to any loss that had arisen in a business year prior to the business year when the loss arose and which is to be included in deductible expenses when calculating the amount of income for each relevant business year under the main clause or Article 58, paragraph (1) (Carryover of Losses Due to a Disaster in a Business Year When a Blue Return Has Not Been Filed), exceeds the amount that remains after deducting the amount to be included in deductible expenses from the calculated income), the provisions of the main clause do not apply to the amount of the excess.

２適格合併等（適格合併又は合併に類する分割型分割として政令で定めるもののうち適格分割型分割に該当するもの（以下この条において「合併類似適格分割型分割」という。）をいう。以下この項及び次項において同じ。）が行われた場合において、当該適格合併等に係る被合併法人又は分割法人（以下この項及び次項において「被合併法人等」という。）の当該適格合併等の日前七年以内に開始した各事業年度（以下この項及び次項において「前七年内事業年度」という。）において生じた欠損金額（当該被合併法人等が当該欠損金額（この項又は第六項の規定により当該被合併法人等の欠損金額とみなされたものを含み、第五項又は第九項の規定によりないものとされたものを除く。次項、第四項及び第八項において同じ。）の生じた前七年内事業年度について青色申告書である確定申告書を提出していることその他の政令で定める要件を満たしている場合における当該欠損金額に限るものとし、前項の規定により当該被合併法人等の前七年内事業年度の所得の金額の計算上損金の額に算入されたもの及び第八十条の規定により還付を受けるべき金額の計算の基礎となつたものを除く。以下この項において「未処理欠損金額」という。）があるときは、当該適格合併等に係る合併法人又は分割承継法人（以下この項及び次項において「合併法人等」という。）の当該適格合併等の日の属する事業年度（以下この項及び次項において「合併等事業年度」という。）以後の各事業年度における前項の規定の適用については、当該前七年内事業年度において生じた未処理欠損金額は、それぞれ当該未処理欠損金額の生じた前七年内事業年度開始の日の属する当該合併法人等の各事業年度（当該合併法人等の合併等事業年度開始の日以後に開始した当該被合併法人等の当該前七年内事業年度において生じた未処理欠損金額にあつては、当該合併等事業年度の前事業年度）において生じた欠損金額とみなす。

(2)In the case where a qualified merger, etc. (meaning a qualified merger or what is specified by Cabinet Order as a company split by split-off categorized into a merger that falls under the category of a qualified company split by split-off (hereinafter referred to as a "quasi-merger qualified company split by split-off" in this Article); hereinafter the same applies in this paragraph and the following paragraph) has been effected, when an acquired corporation or splitting corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph and the following paragraph) involved in the qualified merger, etc. shows any net operating loss that arose in each of the business years starting within seven years prior to the date of the qualified merger, etc. (hereinafter referred to as a "business year within preceding seven years") (such net operating loss is limited to the net operating loss only in the case where the acquired corporation, etc. has filed a final return in a blue return for the business year within preceding seven years when the loss arose (such loss includes a loss which was deemed to be that of the acquired corporation, etc. under this paragraph or paragraph (6) and exclude a loss which was deemed not to exist under paragraph (5) or paragraph (9); the same applies in the following paragraph, paragraph (4), and paragraph (9)) or meets any other requirements as specified by Cabinet Order, and excludes the amount included in deductible expenses when calculating the amount of income for a business year within preceding seven years of the acquired corporation, etc. under the preceding paragraph and the amount used as the basis of the calculation of the amount to be refunded under Article 80; hereinafter referred to as the "amount of unappropriated loss" in this paragraph), with regard to the application of the provisions of the preceding paragraph in each business year after the business year containing the date of the qualified merger, etc. (hereinafter referred to as the "business year of the merger, etc." in this paragraph and the following paragraph) of an acquiring corporation or succeeding corporation in a company split (hereinafter referred to as a "acquiring corporation, etc." in this paragraph and the following paragraph) involved in the qualified merger, etc., the amount of unappropriated loss that arose in the business year within preceding seven years is deemed to be the net operating loss that arose in each business year of the acquiring corporation, etc. containing the first day of the business years within preceding seven years when the amount of the respective unappropriated loss arose (or the amount of the unappropriated loss that arose in the business year within preceding seven years of the acquired corporation, etc. starting on or after the first day of the business year of the merger, etc. of the acquiring corporation, etc. is deemed to be the net operating loss that arose in the business year preceding the business year of the merger, etc.).

３適格合併等に係る被合併法人等と合併法人等（当該合併法人等が当該適格合併等により設立された法人である場合にあつては、当該適格合併等に係る他の被合併法人等。第一号において同じ。）との間に特定資本関係（いずれか一方の法人が他方の法人の発行済株式又は出資（当該他方の法人が有する自己の株式又は出資を除く。）の総数又は総額の百分の五十を超える数又は金額の株式又は出資を直接又は間接に保有する関係その他の政令で定める関係をいう。以下この項及び第五項において同じ。）があり、かつ、当該特定資本関係が当該合併法人等の当該適格合併等に係る合併等事業年度開始の日の五年前の日以後に生じている場合において、当該適格合併等が共同で事業を営むための適格合併等として政令で定めるものに該当しないときは、前項に規定する未処理欠損金額には、当該被合併法人等の次に掲げる欠損金額を含まないものとする。

(3)In the case where an acquired corporation, etc. and an acquiring corporation, etc. involved in a qualified merger, etc. (in the case where the acquiring corporation, etc. is a corporation established as a result of the qualified merger, etc., another acquired corporation, etc. involved in the qualified merger, etc.; the same applies in item (i)) have a specified capital relationship (meaning a relationship whereby one of the corporations directly or indirectly holds 50 percent or more of the total number or total amount of the other corporation's issued shares or capital contributions (excluding the shares that the second corporation holds in itself and the capital contributions made thereby) or any other relationship as specified by Cabinet Order; hereinafter the same applies in this paragraph and paragraph (5)), and the specified capital relationship occurred on or after the day five years prior to the first day of the business year of the merger, etc. pertaining to the qualified merger, etc. of the acquiring corporation, etc., when the qualified merger, etc. does not fall under the category that is specified by Cabinet Order as a qualified merger, etc. for the purpose of conducting business jointly, the amount of unappropriated loss prescribed in the preceding paragraph does not include the following loss of the acquired corporation, etc.:

４合併類似適格分割型分割に係る分割法人の当該合併類似適格分割型分割の日の属する事業年度以後の各事業年度における第一項の規定の適用については、当該事業年度前の各事業年度において生じた欠損金額は、ないものとする。

(4)With regard to the application of the provisions of paragraph (1) in each business year of a splitting corporation involved in a quasi-merger qualified company split by split-off after the business year containing the date of the quasi-merger qualified company split by split-off, the net operating loss that arose in each business year prior to the business year is deemed not to exist.

５第一項の内国法人と特定資本関係法人（当該内国法人との間に特定資本関係がある法人をいう。以下この項において同じ。）との間で当該内国法人を合併法人、分割承継法人又は被現物出資法人とする適格合併、適格分割又は適格現物出資（以下この項において「適格合併等」という。）が行われ、かつ、当該特定資本関係が当該内国法人の当該適格合併等の日の属する事業年度（以下この項において「合併等事業年度」という。）開始の日の五年前の日以後に生じている場合において、当該適格合併等が共同で事業を営むための適格合併等として政令で定めるものに該当しないときは、当該内国法人の当該合併等事業年度以後の各事業年度における第一項の規定の適用については、当該内国法人の同項に規定する欠損金額（第二項又は次項の規定により当該内国法人の欠損金額とみなされたものを含み、この項又は第九項の規定によりないものとされたものを除く。以下この項において同じ。）のうち次に掲げる欠損金額は、ないものとする。

(5)In the case where a qualified merger, qualified company split, or qualified contribution in kind (hereinafter referred to as a "qualified merger, etc." in this paragraph) has been effected between a domestic corporation set forth in paragraph (1) and a corporation with a specified capital relationship (meaning a corporation that has a specified capital relationship with the domestic corporation; hereinafter the same applies in this paragraph), with the domestic corporation as an acquiring corporation, succeeding corporation in a company split, or corporation receiving a capital contribution in kind, and the specified capital relationship occurred on or after the day five years prior to the first day of the business year containing the date of the qualified merger, etc. (hereinafter referred to as the "business year of the merger, etc." in this paragraph) of the domestic corporation, when the qualified merger, etc. does not fall under the category that is specified by Cabinet Order as a qualified merger, etc. for the purpose of conducting business jointly, with regard to the application of the provisions of paragraph (1) in each business year of the domestic corporation after the business year of the merger, etc., the following loss out of the amount of the domestic corporation's loss prescribed in the paragraph (including the amount deemed to be the amount of the domestic corporation's loss under paragraph (2) or the following paragraph and excluding the amount deemed not to exist under this paragraph or paragraph (9); hereinafter the same applies in this paragraph) is deemed not to exist:

６内国法人が、当該内国法人を分割法人とする分割型分割（連結法人である当該内国法人が連結親法人事業年度（第十五条の二第一項（連結事業年度の意義）に規定する連結親法人事業年度をいう。以下この項及び第九項において同じ。）開始の日の翌日からその終了の日までの間に行うものに限る。）を行つた場合又は第四条の五第二項（連結納税の承認の取消し）の規定により第四条の二（連結納税義務者）の承認を取り消された場合（連結親法人にあつては当該連結親法人を被合併法人とする合併を行つたことにより当該承認を取り消された場合を、連結子法人にあつては連結親法人事業年度開始の日に当該連結子法人を被合併法人とする合併を行つたことにより当該承認を取り消された場合を除く。）若しくは第四条の五第三項の承認を受けた場合（以下この項において「承認の取消し等の場合」という。）において、当該分割型分割の日の前日の属する事業年度開始の日前七年以内に開始した各連結事業年度又は当該承認の取消し等の場合の最終の連結事業年度終了の日の翌日の属する事業年度開始の日前七年以内に開始した各連結事業年度において生じた当該内国法人の連結欠損金個別帰属額（第八十一条の九第五項（連結欠損金の繰越し）に規定する連結欠損金個別帰属額をいう。以下この項及び次項において同じ。）があるときは、当該前日の属する事業年度又は当該翌日の属する事業年度以後の各事業年度における第一項の規定の適用については、当該連結欠損金個別帰属額は、当該連結欠損金個別帰属額が生じた連結事業年度開始の日の属する当該内国法人の事業年度において生じた欠損金額とみなす。

(6)In the case where a domestic corporation has effected a company split by split-off with the domestic corporation as a splitting corporation (limited to a company split by split-off that the domestic corporation, which is a consolidated corporation, effects during the period from the day following the first day of the consolidated parent corporation's business year (meaning the consolidated parent corporation's business year prescribed in Article 15-2, paragraph (1) (Meaning of Consolidated Business Year); hereinafter the same applies in this paragraph and paragraph (9)) to the last day thereof), or in the case where a domestic corporation has had the approval set forth in Article 4-2 (Consolidated Taxpayer) rescinded pursuant to the provisions of Article 4-5, paragraph (2) (Rescission of Approval for Consolidated Taxation) (with regard to a consolidated parent corporation, excluding the case where it has had the approval rescinded as a result of having effected a merger with the consolidated parent corporation as an acquired corporation, and with regard to a consolidated subsidiary corporation, excluding the case where it has had the approval rescinded as a result of having effected a merger with the consolidated subsidiary corporation as an acquired corporation as of the first day of the consolidated parent corporation's business year), or where a domestic corporation has obtained approval set forth in Article 4-5, paragraph (3) (hereinafter referred to as the "case of the rescission, etc. of approval" in this paragraph), when there is any individually attributed amount of consolidated operating loss (meaning the individually attributed amount of consolidated operating loss prescribed in Article 81-9, paragraph (5) (Carryover of Consolidated Operating Loss); hereinafter the same applies in this paragraph and the following paragraph) of the domestic corporation that arose in each business year starting within seven years prior to the first day of the business year containing the day preceding the date of the company split by split-off or in each consolidated business year starting within seven years prior to the first day of the business year containing the day following the last day of the final consolidated business year in the case of the rescission, etc. of approval, with regard to the application of the provisions of paragraph (1) in each business year after the business year containing the preceding day or the business year containing the following day, the individually attributed amount of consolidated operating loss is deemed to be the net operating loss that arose in the domestic corporation's business year that contains the first day of the consolidated business year in which the individually attributed amount of consolidated operating loss arose.

７適格合併に係る被合併法人が連結法人（連結子法人にあつては、連結事業年度終了の日の翌日に当該連結子法人を被合併法人とする適格合併を行うものに限る。）である場合又は合併類似適格分割型分割に係る分割法人が連結法人（当該連結法人の連結事業年度終了の日の翌日に当該連結法人を分割法人とする合併類似適格分割型分割を行うものに限る。）である場合には、これらの連結法人の当該適格合併又は合併類似適格分割型分割の日前七年以内に開始した各連結事業年度において生じたこれらの連結法人の連結欠損金個別帰属額を第二項に規定する前七年内事業年度において生じた欠損金額と、連結確定申告書を青色申告書である確定申告書と、その連結欠損金個別帰属額が生じた連結事業年度を当該被合併法人又は分割法人の事業年度とみなして、同項及び第三項の規定を適用する。

(7)In the case where an acquired corporation involved in a qualified merger is a consolidated corporation (with regard to a consolidated subsidiary corporation, limited to a consolidated subsidiary corporation that effects a qualified merger, with itself as an acquired corporation, as of the day following the last day of a consolidated business year) or where a splitting corporation involved in a quasi-merger qualified company split by split-off is a consolidated corporation (limited to a consolidated corporation that effects a quasi-merger qualified company split by split-off, with itself as a splitting corporation, as of the day following the last day of its consolidated business year), the provisions of paragraph (2) and paragraph (3) apply by deeming the individually attributed amount of consolidated operating loss of such consolidated corporation that arose in each consolidated business year starting within seven years prior to the date of the qualified merger or quasi-merger qualified company split by split-off of such consolidated corporation to be the net operating loss that arose in a business year within preceding seven years as prescribed in paragraph (2), deeming a consolidated tax return to be a blue return, and deeming the consolidated business year in which the individually attributed amount of consolidated operating loss arose to be the business year of the acquired corporation or splitting corporation.

８前項に規定する場合において、同項の適格合併又は合併類似適格分割型分割に係る被合併法人又は分割法人となる連結法人に同項に規定する各連結事業年度前の各事業年度で第二項に規定する前七年内事業年度に該当する事業年度において生じた欠損金額があるときは、当該欠損金額については、同項の規定は、適用しない。

(8)In the case prescribed in the preceding paragraph, when a consolidated corporation that becomes an acquired corporation or splitting corporation involved in a qualified merger or quasi-merger qualified company split by split-off set forth in the paragraph shows any net operating loss that arose in each business year prior to each consolidated business year, as prescribed in the paragraph, that falls under a business year within preceding seven years as prescribed in paragraph (2), the provisions of the paragraph do not apply to the net operating loss.

９次の各号に規定する場合に該当する場合には、第一項の内国法人の当該各号に掲げる事業年度における同項の規定の適用については、当該各号に定める欠損金額は、ないものとする。

(9)In the case falling under any of the following cases, with regard to the application of the provisions of paragraph (1) in a business year listed in the relevant item of a domestic corporation set forth in the paragraph, the net operating loss prescribed in the relevant item is deemed not to exist:

１０連結子法人である内国法人が、連結法人単体事業年度（当該内国法人が当該内国法人を分割法人とする分割型分割（前項第一号イ又はハに掲げるものを除く。）を行つた場合の当該分割型分割の日の前日の属する事業年度又は当該内国法人が第四条の五第二項（第四号又は第五号に係る部分に限る。）の規定により第四条の二の承認を取り消された場合のその取り消された日の前日の属する事業年度をいう。）において次の各号に規定する場合に該当する場合には、当該各号に掲げる欠損金額については、当該各号に定める規定は、適用しない。

(10)In the case where a domestic corporation which is a consolidated subsidiary corporation falls under any of the following cases in the single consolidated corporation's business year (in the case where the domestic corporation has effected a company split by split-off (excluding those listed in item (i), (a) or (c) of the preceding paragraph) with itself as a splitting corporation, meaning the business year containing the day preceding the date of the company split by split-off, and in the case where the domestic corporation has had the approval set forth in Article 4-2 rescinded under Article 4-5, paragraph (2) (limited to the part pertaining to item (iv) or item (v)), meaning the business year containing the day preceding the date of the rescission), the provisions prescribed in each of the following items do not apply to the net operating loss listed in the relevant item:

１１第一項の規定は、同項の内国法人が欠損金額（第二項又は第六項の規定により当該内国法人の欠損金額とみなされたものを除く。）の生じた事業年度について青色申告書である確定申告書を提出し、かつ、その後において連続して確定申告書を提出している場合（これらの規定により当該内国法人の欠損金額とみなされたものにつき第一項の規定を適用する場合にあつては、第二項の合併等事業年度又は第六項に規定する最終の連結事業年度終了の日の翌日の属する事業年度の確定申告書を提出し、かつ、その後において連続して確定申告書を提出している場合）に限り、適用する。

(11)The provisions of paragraph (1) apply only in the case where the domestic corporation set forth in the paragraph filed a final return with a blue return for the business year in which the net operating loss (excluding the amount deemed to be the net operating loss of the domestic corporation under paragraph (2) or paragraph (6)) arose and filed a tax return thereafter on a continuous basis (in the case of applying the provisions of paragraph (1) to the amount deemed to be the net operating loss of the domestic corporation under paragraph (2) or paragraph (6), only in the case where the domestic corporation filed a tax return for the business year containing the day following the last day of the business year of the merger, etc. set forth in paragraph (2) or the final consolidated business year prescribed in paragraph (6) and filed a tax return thereafter on a continuous basis).

１２第二項の合併法人等が同項の適格合併等により設立された法人である場合における第一項の規定の適用その他同項から第十項までの規定の適用に関し必要な事項は、政令で定める。

(12)In the case where the acquiring corporation, etc. set forth in paragraph (2) is a corporation that was established as a result of a qualified merger, etc. as set forth in the paragraph, necessary matters concerning the application of the provisions of paragraph (1) and the application of the other provisions of the paragraph to paragraph (10) are specified by Cabinet Order.

第五十七条の二内国法人で他の者との間に当該他の者による特定支配関係（当該他の者が当該内国法人の発行済株式又は出資（自己が有する自己の株式又は出資を除く。）の総数又は総額の百分の五十を超える数又は金額の株式又は出資を直接又は間接に保有する関係その他の政令で定める関係をいい、政令で定める事由によつて生じたものを除く。以下この項において同じ。）を有することとなつたもののうち、当該特定支配関係を有することとなつた日（以下この項において「支配日」という。）の属する事業年度（以下この項において「特定支配事業年度」という。）において当該特定支配事業年度前の各事業年度において生じた欠損金額（前条第二項又は第六項の規定により当該内国法人の欠損金額とみなされたものを含むものとし、同条第一項の規定の適用があるものに限る。以下この条において同じ。）又は評価損資産（当該内国法人が当該支配日において有する資産のうち当該支配日における価額がその帳簿価額に満たないものとして政令で定めるものをいう。）を有するもの（内国法人のうち各連結事業年度の連結所得に対する法人税を課される最終の連結事業年度終了の日において第八十一条の九の二第一項（特定株主等によつて支配された欠損等連結法人の連結欠損金の繰越しの不適用）に規定する欠損等連結法人（以下この条において「欠損等連結法人」という。）であつたものを含む。以下この条において「欠損等法人」という。）が、当該支配日（当該欠損等連結法人にあつては、政令で定める日。以下この項及び次項第一号において「特定支配日」という。）以後五年を経過した日の前日まで（当該特定支配関係を有しなくなつた場合として政令で定める場合に該当したこと、当該欠損等法人の債務につき政令で定める債務の免除その他の行為（第三号において「債務免除等」という。）があつたことその他政令で定める事実が生じた場合には、これらの事実が生じた日まで）に次に掲げる事由に該当する場合には、その該当することとなつた日（第四号に掲げる事由に該当する場合にあつては、同号に規定する適格合併等の日の前日。次項において「該当日」という。）の属する事業年度（以下この条において「適用事業年度」という。）以後の各事業年度においては、当該適用事業年度前の各事業年度において生じた欠損金額については、前条第一項の規定は、適用しない。

Article 57-2(1)In the case where a domestic corporation that has become subject to a specified controlling interest of a second person (meaning a relationship whereby the second person holds directly or indirectly 50 percent or more of the total number or the total amount of the issued shares of or capital contributions to the domestic corporation (excluding the shares that the domestic corporation holds in itself and the capital contributions made thereby) or any other relationship as specified by Cabinet Order and excluding a relationship that occurred on any grounds specified by Cabinet Order; hereinafter the same applies in this paragraph) and that holds, in the business year containing the day on which the domestic corporation became subject to the specified controlling interest (hereinafter such day is referred to as the "day on which it became subject to control" and such business year is referred to as a "business year under specified controlling interest" in this paragraph), the net operating loss that arose in each business year prior to the business year under specified controlling interest (such net operating loss is include the amount which was deemed to be the net operating loss of the domestic corporation under paragraph (2) or paragraph (6) of the preceding Article and is limited to the amount to which the provisions of paragraph (1) of the Article apply; hereinafter the same applies in this Article) or assets with a valuation loss (meaning assets held by the domestic corporation as of the day it became subject to control which are specified by Cabinet Order as those whose value as of the day on which the corporation became subject to control does not reach their book value) (such domestic corporation includes a corporation that was a consolidated corporation showing a loss, etc. as prescribed in Article 81-9-2, paragraph (1) (Non-application of the Carryover of Consolidated Operating Losses for a Consolidated Corporation Showing a Loss, etc. That Is Controlled by Specified Shareholders, etc.) (hereinafter referred to as a "consolidated corporation showing a loss, etc." in this Article) as of the last day of the last consolidated business year when it had corporation tax imposed on its consolidated income for each consolidated business year; hereinafter such domestic corporation is referred to as a "corporation showing a loss, etc." in this Article) falls under any of the following circumstances, up to the day preceding the day on which five years have elapsed since the day that the corporation became subject to control (in the case of the consolidated corporation showing a loss, etc., from the day specified by Cabinet Order; hereinafter such day is referred to as the "specified day on which the corporation became subject to control" in this paragraph and item (i) of the following paragraph) (in the case where the corporation showing a loss, etc. falls under the case specified by Cabinet Order as a case where it has ceased to be subject to the specified controlling interest, a release from an obligation as specified by Cabinet Order or other acts (referred to as a "release from an obligation" in item (iii)) have been made for obligation of the corporation showing a loss, etc., or any other events as specified by Cabinet Order have occurred, up to the day on which those events occurred), the provisions of paragraph (1) of the preceding Article do not apply to the net operating loss that arose in each business year prior to the business year containing the day on which the corporation showing a loss, etc. came to fall under any of the following circumstances (in the case where the corporation showing a loss, etc. falls under any of the circumstances listed in item (iv), containing the day preceding a qualified merger, etc. as prescribed in the item; such day is referred to as the "relevant day" in the following paragraph) (hereinafter such business year containing the relevant day is referred to as the "applicable business year" in this Article) in each business year after the applicable business year:

２欠損等法人が該当日（第八十一条の九の二第一項に規定する該当日を含む。）以後に合併、分割又は現物出資を行う場合には、次の各号に掲げる欠損金額又は連結欠損金個別帰属額（前条第六項に規定する連結欠損金個別帰属額をいう。以下この条において同じ。）については、それぞれ当該各号に定める規定は、適用しない。

(2)In the case where a corporation showing a loss, etc. effects a merger, company split, or contribution in kind to the capital of the receiving corporation on or after the relevant day (including the relevant day prescribed in Article 81-9-2, paragraph (1)), the provisions prescribed in each of the following items do not apply to the net operating loss or individually attributed amount of consolidated operating loss (meaning the individually attributed amount of consolidated operating loss prescribed in paragraph (6) of the preceding Article; hereinafter the same applies in this Article) listed in the relevant item:

３欠損等連結法人が、第八十一条の九の二第一項に規定する該当日以後に前条第六項に規定する分割型分割を行う場合又は同項に規定する承認の取消し等の場合に該当する場合には、当該欠損等連結法人の適用連結事業年度前の各連結事業年度において生じた連結欠損金個別帰属額については、同項の規定は、適用しない。

(3)In the case where a consolidated corporation showing a loss, etc. effects a company split by split-off as prescribed in paragraph (6) of the preceding Article on or after the relevant day prescribed in Article 81-9-2, paragraph (1), or falls under the case of the rescission, etc. of the approval prescribed in paragraph (6) of the preceding Article, the provisions of the paragraph do not apply to the individually attributed amount of consolidated operating loss that arose in each consolidated business year prior to the applicable consolidated business year of the consolidated corporation showing a loss, etc.

４内国法人が欠損等法人又は欠損等連結法人との間で当該内国法人を合併法人又は分割承継法人とする適格合併等を行う場合には、当該欠損等法人又は欠損等連結法人の適用事業年度又は適用連結事業年度前の各事業年度又は各連結事業年度において生じた欠損金額又は連結欠損金個別帰属額については、前条第二項、第三項及び第七項の規定は、適用しない。

(4)In the case where a qualified merger, etc. is effected between a domestic corporation and a corporation showing a loss, etc. or a consolidated corporation showing a loss, etc., with the domestic corporation as an acquiring corporation or succeeding corporation in a company split, the provisions of paragraph (2), paragraph (3), and paragraph (7) of the preceding Article do not apply to the net operating loss or individually attributed amount of consolidated operating loss that arose in each business year or each consolidated business year prior to the applicable business year or applicable consolidated business year of the corporation showing a loss, etc. or consolidated corporation showing a loss, etc.

５前各項の規定の適用に関し必要な事項は、政令で定める。

(5)Necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第五十八条確定申告書を提出する内国法人の各事業年度開始の日前七年以内に開始した事業年度において生じた欠損金額（第五十七条第一項（青色申告書を提出した事業年度の欠損金の繰越し）又は第八十条（欠損金の繰戻しによる還付）の規定の適用があるものを除く。）のうち、棚卸資産、固定資産又は政令で定める繰延資産について震災、風水害、火災その他政令で定める災害により生じた損失に係るもので政令で定めるもの（以下この条において「災害損失欠損金額」という。）があるときは、当該災害損失欠損金額に相当する金額は、当該各事業年度の所得の金額の計算上、損金の額に算入する。ただし、当該災害損失欠損金額に相当する金額が当該災害損失欠損金額につき本文の規定を適用しないものとして計算した場合における当該各事業年度の所得の金額（当該災害損失欠損金額の生じた事業年度前の事業年度において生じた欠損金額に相当する金額で本文又は第五十七条第一項の規定により当該各事業年度の所得の金額の計算上損金の額に算入されるものがある場合には、当該損金の額に算入される金額を控除した金額）を超える場合は、その超える部分の金額については、この限りでない。

Article 58(1)When a domestic corporation that files a tax return shows any net operating loss that arose in a business year starting within seven years prior to the first day of each of its business years (such amount excludes the amount to which the provisions of Article 57, paragraph (1) (Carryover of Losses in a Business Year When a Blue Return Has Been Filed) or Article 80 (Refund by Carryback of Loss) apply) and such net operating loss includes any amount specified by Cabinet Order that relates to the loss of inventories, fixed assets or deferred assets specified by Cabinet Order that was caused by an earthquake, storm and flood, fire or any other disaster as specified by Cabinet Order (hereinafter referred to as the " net operating loss caused by a disaster" in this Article), the amount equivalent to the net operating loss caused by a disaster is included in deductible expenses, when calculating the amount of income for the relevant each business year; provided, however, that in the case where the amount equivalent to the net operating loss caused by a disaster exceeds the amount of income for each relevant business year calculated without applying the provisions of the main clause to the loss (in the case where there is any amount which is equivalent to any loss that had arisen in a business year prior to the business year when the net operating loss caused by a disaster arose and which is to be included in deductible expenses when calculating the amount of income for each relevant business year under the main clause or Article 57, paragraph (1), exceeds the amount that remains after deducting the amount to be included in deductible expenses from the calculated income), the provisions of the main clause do not apply to the amount of the excess.

２適格合併等（適格合併又は合併に類する分割型分割として政令で定めるもののうち適格分割型分割に該当するもの（第三項において「合併類似適格分割型分割」という。）をいう。以下この条において同じ。）が行われた場合において、当該適格合併等に係る被合併法人又は分割法人（以下この項において「被合併法人等」という。）の当該適格合併等の日前七年以内に開始した各事業年度（以下この項において「前七年内事業年度」という。）において生じた災害損失欠損金額（当該被合併法人等が災害損失欠損金額の生じた前七年内事業年度について第六項に規定する損失の額の計算に関する明細を記載した確定申告書を提出していることその他の政令で定める要件を満たしている場合における当該災害損失欠損金額に限るものとし、前項の規定により当該被合併法人等の前七年内事業年度の所得の金額の計算上損金の額に算入されたものを除く。以下この項において「未処理災害損失欠損金額」という。）があるときは、当該適格合併等に係る合併法人又は分割承継法人（以下この項において「合併法人等」という。）の当該適格合併等の日の属する事業年度（以下この項において「合併等事業年度」という。）以後の各事業年度における前項の規定の適用については、当該前七年内事業年度において生じた未処理災害損失欠損金額は、それぞれ当該未処理災害損失欠損金額の生じた前七年内事業年度開始の日の属する当該合併法人等の各事業年度（当該合併法人等の合併等事業年度開始の日以後に開始した当該被合併法人等の当該前七年内事業年度において生じた未処理災害損失欠損金額にあつては、当該合併等事業年度の前事業年度）において生じた災害損失欠損金額とみなす。

(2)In the case where a qualified merger, etc. (meaning a qualified merger or what is specified by Cabinet Order as a company split by split-off categorized into a merger that falls under the category of a qualified company split by split-off (hereinafter referred to as a "quasi-merger qualified company split by split-off" in paragraph (3)); hereinafter the same applies in this Article) has been effected, when an acquired corporation or splitting corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph) involved in the qualified merger, etc. shows any net operating loss caused by a disaster that arose in each business year starting within seven years prior to the date of the qualified merger, etc. (hereinafter referred to as a "business year within preceding seven years") (such amount is limited to the net operating loss caused by a disaster only in the case where the acquired corporation, etc. has filed a tax return containing a detailed statement concerning the calculation of the net operating loss prescribed in paragraph (6) for the business year within preceding seven years when the loss arose or meets any other requirements as specified by Cabinet Order, and excludes the amount included in deductible expenses when calculating the amount of income for a business year within preceding seven years of the acquired corporation, etc. under the preceding paragraph; hereinafter referred to as the "amount of unappropriated loss caused by a disaster" in this paragraph), with regard to the application of the provisions of the preceding paragraph in each business year after the business year containing the date of the qualified merger, etc. (hereinafter referred to as the "business year of the merger, etc." in this paragraph) of an acquiring corporation or succeeding corporation in a company split (hereinafter referred to as a "acquiring corporation, etc." in this paragraph) involved in the qualified merger, etc., the amount of unappropriated loss caused by a disaster that arose in the business year within preceding seven years is deemed to be the net operating loss caused by a disaster that arose in each business year of the acquiring corporation, etc. containing the first day of the business years within preceding seven years when the amount of respective unappropriated loss caused by a disaster arose (or the amount of unappropriated loss caused by a disaster that arose in the business year within preceding seven years of the acquired corporation, etc. starting on or after the first day of the business year of the merger, etc. of the acquiring corporation, etc. is deemed to be the net operating loss caused by a disaster that arose in the business year preceding the business year of the merger, etc.).

３合併類似適格分割型分割に係る分割法人の当該合併類似適格分割型分割の日の属する事業年度以後の各事業年度における第一項の規定の適用については、当該事業年度前の各事業年度において生じた災害損失欠損金額は、ないものとする。

(3)With regard to the application of the provisions of paragraph (1) in each business year of a splitting corporation involved in a quasi-merger qualified company split by split-off after the business year containing the date of the quasi-merger qualified company split by split-off, the net operating loss caused by a disaster that arose in each business year prior to the business year is deemed not to exist.

４次の各号に規定する場合には、第一項の内国法人の当該各号に掲げる事業年度における同項の規定の適用については、当該各号に定める災害損失欠損金額は、ないものとする。

(4)In the case prescribed in any of the following items, with regard to the application of the provisions of paragraph (1) in a business year listed in the relevant item of a domestic corporation set forth in the paragraph, the net operating loss caused by a disaster as prescribed in the relevant item is deemed not to exist:

５連結子法人である内国法人が、第五十七条第十項に規定する連結法人単体事業年度において当該内国法人を第二項に規定する合併法人等とする適格合併等（当該内国法人との間に連結完全支配関係がない法人（連結欠損金額とみなされる災害損失欠損金額を有する法人として政令で定める法人を除く。以下この項において「非支配法人」という。）を第二項に規定する被合併法人等とするものに限る。）を行つた場合には、当該非支配法人の同項に規定する未処理災害損失欠損金額については、同項の規定は、適用しない。

(5)In the case where the domestic corporation, which is a consolidated subsidiary corporation, has effected a qualified merger, etc. (limited to a qualified merger, etc., wherein a corporation which does not have a consolidated full controlling interest in the domestic corporation (excluding a corporation specified by Cabinet Order as a corporation that shows any loss caused by a disaster deemed to be the amount of consolidated operating loss; hereinafter referred to as an "uncontrolled corporation" in this paragraph) is an acquired corporation, etc. as prescribed in paragraph (2)) with itself as an acquiring corporation, etc. as prescribed in the paragraph in the single consolidated corporation's business year prescribed in Article 57, paragraph (10), the provisions of paragraph (2) do not apply to the amount of unappropriated loss caused by a disaster as prescribed in the paragraph of the uncontrolled corporation.

６第一項の規定は、同項の内国法人が災害損失欠損金額（第二項の規定により当該内国法人の災害損失欠損金額とみなされたものを除く。）の生じた事業年度について第一項に規定する損失の額の計算に関する明細を記載した確定申告書を提出し、かつ、その後において連続して確定申告書を提出している場合（第二項の規定により当該内国法人の災害損失欠損金額とみなされたものにつき第一項の規定を適用する場合にあつては、第二項の合併等事業年度の確定申告書を提出し、かつ、その後において連続して確定申告書を提出している場合）に限り、適用する。

(6)The provisions of paragraph (1) apply only in the case where a domestic corporation set forth in the paragraph filed a tax return containing a detailed statement concerning the calculation of the net operating loss prescribed in paragraph (1) for the business year in which the net operating loss arose caused by a disaster (excluding the amount deemed to be the net operating loss caused by a disaster of the domestic corporation under paragraph (2)) arose and filed a tax return thereafter on a continuous basis (in the case of applying the provisions of paragraph (1) to the amount deemed to be the net operating loss caused by a disaster of the domestic corporation under paragraph (2), only in the case where the domestic corporation filed a tax return for the business year of the merger, etc. set forth in paragraph (2) and filed a tax return thereafter on a continuous basis).

７第二項の合併法人等が適格合併等により設立された法人である場合における第一項の規定の適用その他同項から第五項までの規定の適用に関し必要な事項は、政令で定める。

(7)In the case where an acquiring corporation, etc. set forth in paragraph (2) is a corporation established as a result of a qualified merger, etc., necessary matters concerning the application of the provisions of paragraph (1) and the application of other provisions of the paragraph to paragraph (5) are specified by Cabinet Order.

第五十九条内国法人について会社更生法又は金融機関等の更生手続の特例等に関する法律（第三号において「会社更生法等」という。）の規定による更生手続開始の決定があつた場合において、その内国法人が次の各号に掲げる場合に該当するときは、その該当することとなつた日の属する事業年度（以下この項において「適用年度」という。）前の各事業年度において生じた欠損金額（連結事業年度において生じた第八十一条の十八第一項（連結法人税の個別帰属額の計算）に規定する個別欠損金額（当該連結事業年度に連結欠損金額が生じた場合には、当該連結欠損金額のうち当該内国法人に帰せられる金額を加算した金額）を含む。）で政令で定めるものに相当する金額のうち当該各号に定める金額の合計額に達するまでの金額は、当該適用年度の所得の金額の計算上、損金の額に算入する。

Article 59(1)In the case where an order on the commencement of reorganization proceedings has been rendered against a domestic corporation under the Corporate Reorganization Act or the Act on Special Measures, etc. of Reorganization Procedure of Financial Institutions (referred to as the "Corporate Reorganization Act, etc." in item (iii)), when the domestic corporation falls under any of the following cases, the portion of the net operating loss that arose in each business year prior to the business year containing the day on which the domestic corporation came to fall under the relevant case (hereinafter referred to as the "applicable year" in this paragraph) (such net operating loss includes the amount of individual loss prescribed in Article 81-18, paragraph (1) (Calculation of Individually Attributed Amount of Consolidated Corporation Tax) that arose in a consolidated business year (in the case where any consolidated operating loss arose in the consolidated business year, such amount plus the portion of the consolidated operating loss attributed to the domestic corporation)) and that is equivalent to the amount specified by Cabinet Order, up to the sum of the amount prescribed in the relevant item, is included in deductible expenses, when calculating the amount of income for the applicable year:

２内国法人について民事再生法の規定による再生手続開始の決定があつたことその他これに準ずる政令で定める事実が生じた場合において、その内国法人が次の各号に掲げる場合に該当するときは、その該当することとなつた日の属する事業年度（第三号に掲げる場合に該当する場合には、その該当することとなつた事業年度。以下この項において「適用年度」という。）前の各事業年度において生じた欠損金額（連結事業年度において生じた第八十一条の十八第一項に規定する個別欠損金額（当該連結事業年度に連結欠損金額が生じた場合には、当該連結欠損金額のうち当該内国法人に帰せられる金額を加算した金額）を含む。）で政令で定めるものに相当する金額のうち当該各号に定める金額の合計額（当該合計額がこの項（第三号に掲げる場合に該当する場合には、第五十七条第一項（青色申告書を提出した事業年度の欠損金の繰越し）及び前条第一項並びにこの項）の規定を適用しないものとして計算した場合における当該適用年度の所得の金額を超える場合には、その超える部分の金額を控除した金額）に達するまでの金額は、当該適用年度の所得の金額の計算上、損金の額に算入する。

(2)In the case where an order on the commencement of rehabilitation proceedings has been rendered for a domestic corporation under the Civil Rehabilitation Act or any equivalent event as specified by Cabinet Order has occurred, when the domestic corporation falls under any of the following cases, the portion of the net operating loss that arose in each business year prior to the business year containing the day on which the domestic corporation came to fall under the relevant case (in the case of falling under the case listed in item (iii), prior to the business year in which the domestic corporation came to fall under such case; hereinafter such business year is referred to as the "applicable year" in this paragraph) (such net operating loss includes the amount of individual loss prescribed in Article 81-18, paragraph (1) that arose in a consolidated business year (in the case where any consolidated operating loss arose in the consolidated business year, such amount plus the portion of the consolidated operating loss attributed to the domestic corporation)) and that is equivalent to the amount specified by Cabinet Order, up to the sum of the amount prescribed in the relevant item (in the case where such sum exceeds the amount of income for the applicable year calculated without applying the provisions of this paragraph (in the case of falling under the case listed in item (iii), without applying the provisions of Article 57, paragraph (1) (Carryover of Losses in a Business Year When a Blue Return Has Been Filed), paragraph (1) of the preceding Article and this paragraph), the amount obtained after deducting the amount of the excess), is included in deductible expenses, when calculating the amount of income for the applicable year:

３前二項の規定は、確定申告書にこれらの規定に規定する欠損金額に相当する金額の損金算入に関する明細の記載があり、かつ、財務省令で定める書類の添付がある場合に限り、適用する。

(3)The provisions of the preceding two paragraphs apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the net operating loss prescribed in these provisions and is attached with documents as specified by Ordinance of the Ministry of Finance.

４税務署長は、前項の記載又は書類の添付がない確定申告書の提出があつた場合においても、その記載又は書類の添付がなかつたことについてやむを得ない事情があると認めるときは、第一項又は第二項の規定を適用することができる。

(4)Even in the case where a tax return without entries for the matters or the attachment of documents set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1) or paragraph (2), when they find any unavoidable grounds for the person's failure to make entries of such statement or to attach such documents.

第六十条保険業法に規定する保険会社が各事業年度において保険契約に基づき保険契約者に対して分配する金額は、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。ただし、当該分配する金額が政令で定める金額を超える場合は、その超える部分の金額については、この限りでない。

Article 60(1)The amount that an insurance company as prescribed in the Insurance Business Act distributes to its policyholders in each business year based on an insurance contract is included in deductible expenses, when calculating the amount of income for the business year; provided, however, that the amount exceeds the amount specified by Cabinet Order, this does not apply to the amount of the excess.

２前項の保険会社は、確定申告書に同項の規定により損金の額に算入される金額の計算に関する明細を記載した書類を添附しなければならない。

(2)The insurance company set forth in the preceding paragraph must attach to a tax return the documents containing a detailed statement concerning the calculation of the amount to be included in deductible expenses under the paragraph.

第六十条の二協同組合等が各事業年度の決算の確定の時にその支出すべき旨を決議する次に掲げる金額は、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。

Article 60-2(1)The following amounts for which a cooperative, etc. makes a resolution to pay at the time of settling the accounts for each business year are included in deductible expenses, when calculating the amount of income of for the business year:

２前項の規定は、確定申告書に同項各号に掲げる金額の損金算入に関する明細の記載がある場合に限り、適用する。

(2)The provisions of the preceding paragraph apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount listed in the items of the paragraph.

３税務署長は、前項の記載がない確定申告書の提出があつた場合においても、その記載がなかつたことについてやむを得ない事情があると認めるときは、第一項の規定を適用することができる。

(3)Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1), when they find any unavoidable grounds for the person's failure to make entries for such matters.

第六十条の三第五十七条の二第一項（ｄａｙｏｎｗｈｉｃｈｔｈｅｃｏｒｐｏｒａｔｉｏｎｂｅｃａｍｅｓｕｂｊｅｃｔｔｏｃｏｎｔｒｏｌ）に規定する欠損等法人（同項に規定する欠損等連結法人にあつては、同項に規定する特定支配日において第八十一条の九の二第一項（特定株主等によつて支配された欠損等連結法人の連結欠損金の繰越しの不適用）に規定する評価損資産その他政令で定める資産を有していたものに限る。以下この項及び次項において「欠損等法人」という。）の第五十七条の二第一項に規定する適用事業年度又は第八十一条の九の二第一項に規定する適用連結事業年度（以下この項において「適用事業年度等」という。）開始の日から同日以後三年を経過する日（その経過する日が第五十七条の二第一項に規定する特定支配日（当該欠損等連結法人にあつては、第八十一条の九の二第一項に規定する特定支配日）以後五年を経過する日後となる場合にあつては、同日）までの期間（当該期間に終了する各事業年度において、第六十一条の十一第一項（連結納税の開始に伴う資産の時価評価損益）若しくは第六十一条の十二第一項（連結納税への加入に伴う資産の時価評価損益）又は第六十二条の九第一項（非適格株式交換等に係る株式交換完全子法人等の有する資産の時価評価損益）の規定の適用を受ける場合には、当該適用事業年度等の開始の日から第六十一条の十一第一項に規定する連結開始直前事業年度若しくは第六十一条の十二第一項に規定する連結加入直前事業年度又は第六十二条の九第一項の規定の適用を受ける事業年度終了の日までの期間。以下この項及び次項において「適用期間」という。）において生ずる特定資産（当該欠損等法人が当該特定支配日において有する資産及び当該欠損等法人が当該適用事業年度等の開始の日以後に行われる第五十七条の二第一項に規定する他の者を分割法人若しくは現物出資法人とする適格分割若しくは適格現物出資又は同項第三号に規定する関連者を被合併法人、分割法人若しくは現物出資法人とする適格合併、適格分割若しくは適格現物出資により移転を受けた資産のうち、政令で定めるものをいう。以下この条において同じ。）の譲渡、評価換え、貸倒れ、除却その他これらに類する事由（以下この項において「譲渡等特定事由」という。）による損失の額（当該譲渡等特定事由が生じた日の属する事業年度の適用期間において生ずる特定資産の譲渡又は評価換えによる利益の額がある場合には、当該利益の額を控除した金額。第三項において「譲渡等損失額」という。）は、当該欠損等法人の各事業年度の所得の金額の計算上、損金の額に算入しない。

Article 60-3(1)With regard to a corporation showing a loss, etc. as prescribed in Article 57-2, paragraph (1) (Non-application of the Carryover of Losses for a Corporation Showing a Loss, etc. That Is Controlled by Specified Shareholders, etc.) (with regard to a consolidated corporation showing a loss, etc. as prescribed in the paragraph, limited to such a corporation that held assets with a valuation loss as prescribed in Article 81-9-2, paragraph (1) (Non-application of the Carryover of Consolidated Operating Losses by a Consolidated Corporation Showing a Loss, etc. That Is Controlled by Specified Shareholders, etc.) as of the specified day on which it became subject to control prescribed in Article 57-2, paragraph (1); hereinafter such corporation is referred to as a "corporation showing a loss, etc." in this paragraph and the following paragraph), in the case where, during the period from the first day of the applicable business year prescribed in Article 57-2, paragraph (1) or applicable consolidated business year prescribed in Article 81-9-2, paragraph (1) (hereinafter referred to as the "applicable business year, etc." in this paragraph) of the corporation showing a loss, etc. until the day on which three years have elapsed since the first day (in the case where the day on which three years have elapsed falls after the day on which five years have elapsed since the specified day on which the corporation became subject to control, the period until the day on which five years have elapsed), (in the case where each business year ending during the period is subject to the provisions of Article 61-11, paragraph (1) (Gains or Losses on the Fair Valuation of Assets Accompanying the Commencement of Consolidated Taxation), Article 61-12, paragraph (1) (Gains or Losses on the Fair Valuation of Assets Accompanying Participation in Consolidated Taxation), or Article 62-9, paragraph (1) (Gains or Losses on the Fair Valuation of Assets Held by a Wholly Owned Subsidiary Corporation Involved in Non-qualified Share Exchange), during the period from the first day of the applicable business year, etc. until the last day of the business year immediately prior to the commencement of the consolidation prescribed in Article 61-11, paragraph (1), the business year immediately prior to participation in the consolidation prescribed in Article 61-12, paragraph (1), or the business year subject to the provisions of Article 62-9, paragraph (1); hereinafter referred to as the "applicable period" in this paragraph and the following paragraph), any net operating loss arises due to a transfer, revaluation, bad debts, removal, or any other equivalent grounds (hereinafter referred to as "specified grounds such as transfer" in this paragraph) of specified assets (meaning the portion specified by Cabinet Order of assets held by the corporation showing a loss, etc. as of the specified day on which it became subject to control and assets transferred to the corporation showing a loss, etc. as a result of a qualified company split or qualified contribution in kind, wherein the second person as prescribed in Article 57-2, paragraph (1) is a splitting corporation or corporation making a capital contribution in kind, or as a result of a qualified merger, qualified company split, or qualified contribution in kind, wherein a related person as prescribed in item (iii) of the paragraph is an acquired corporation, splitting corporation, or corporation making a capital contribution in kind; hereinafter the same applies in this Article), the net operating loss (in the case where there are any profits resulting from a transfer or revaluation of specified assets that arise during the applicable period of the business year containing the day on which the specified grounds such as the transfer occurred, the amount that remains after deducting the amount of profits) is excluded from deductible expenses, when calculating the amount of income of the corporation showing a loss, etc. for each business year.

２欠損等法人がその適用期間内に自己を被合併法人、分割法人、現物出資法人又は事後設立法人とする適格合併、適格分割、適格現物出資又は適格事後設立（以下この条において「適格組織再編成」という。）によりその有する特定資産（第五十七条の二第一項に規定する評価損資産に該当するものに限る。）を当該適格組織再編成に係る合併法人、分割承継法人、被現物出資法人又は被事後設立法人（以下この条において「合併法人等」という。）に移転した場合には、当該合併法人等を前項の規定の適用を受ける欠損等法人とみなして、同項の規定を適用する。

(2)In the case where a corporation showing a loss, etc. has transferred its specified assets (limited to those falling under the category of assets with a valuation loss as prescribed in Article 57-2, paragraph (1)), as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this Article), wherein the corporation itself is an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation, to a merging corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (hereinafter referred to as a "acquiring corporation, etc." in this Article), the provisions of the preceding paragraph apply by deeming that the acquiring corporation, etc. is a corporation showing a loss, etc. subject to the provisions of the paragraph.

３前項の合併法人等が適格組織再編成により移転を受けた特定資産に係る譲渡等損失額の計算その他第一項の規定の適用に関し必要な事項は、政令で定める。

(3)Necessary matters concerning the calculation of the net operating loss on the transfer of specified assets that an acquiring corporation set forth in the preceding paragraph has received as a result of a qualified organizational restructuring and other necessary matters concerning the application of the provisions of paragraph (1) are specified by Cabinet Order.

第六十一条内国法人が短期売買商品（短期的な価格の変動を利用して利益を得る目的で取得した資産として政令で定めるもの（有価証券を除く。）をいう。以下この条において同じ。）の譲渡（当該短期売買商品が合併、分割又は適格現物出資により合併法人、分割承継法人又は被現物出資法人に移転をする場合における当該移転を除く。以下この項において同じ。）をした場合には、その譲渡に係る譲渡利益額（第一号に掲げる金額が第二号に掲げる金額を超える場合におけるその超える部分の金額をいう。）又は譲渡損失額（同号に掲げる金額が第一号に掲げる金額を超える場合におけるその超える部分の金額をいう。）は、その譲渡に係る契約をした日の属する事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

Article 61(1)In the case where a domestic corporation has transferred any commodities for short-term trading (meaning commodities as specified by Cabinet Order as assets acquired for the purpose of profit from short-term price fluctuations (excluding securities); hereinafter the same applies in this Article) (excluding the case where the commodities for short-term trading have been transferred to an acquiring corporation, succeeding corporation in a company split, or corporation receiving a capital contribution in kind as a result of a merger, company split, or qualified contribution in kind; hereinafter the same applies in this paragraph), capital gain (meaning the difference between the amount listed in item (i) and the amount listed in item (ii) when the former exceeds the latter) or capital loss (meaning the difference between the amount listed in item (i) and the amount listed in item (ii) when the latter exceeds the former) on the transfer is included in gross profits or deductible expenses, when calculating the amount of income for the business year containing the day on which a contract for the transfer was concluded:

２内国法人が事業年度終了の時において有する短期売買商品については、時価法（事業年度終了の時において有する短期売買商品をその種類及び銘柄（以下この項において「種類等」という。）の異なるごとに区別し、その種類等の同じものについて、その時における価額として政令で定めるところにより計算した金額をもつて当該短期売買商品のその時における評価額とする方法をいう。）により評価した金額（次項において「時価評価金額」という。）をもつて、その時における評価額とする。

(2)With regard to commodities for short-term trading held by a domestic corporation as of the end of a business year, the amount evaluated by the fair value method (meaning the method by categorizing commodities for short-term trading held as of the end of a business year by type and brand (hereinafter referred to as "types, etc." in this paragraph) and calculating the current value of commodities of the same type as specified by Cabinet Order, and thereby to deem the calculated amount to be their fair value at that time (referred to as the "fair value" in the following paragraph)) is to be their fair value at that time.

３内国法人が事業年度終了の時において短期売買商品を有する場合には、当該短期売買商品に係る評価益（当該短期売買商品の時価評価金額が当該短期売買商品のその時における帳簿価額（以下この項において「期末帳簿価額」という。）を超える場合におけるその超える部分の金額をいう。）又は評価損（当該短期売買商品の期末帳簿価額が当該短期売買商品の時価評価金額を超える場合におけるその超える部分の金額をいう。）は、第二十五条第一項（資産の評価益の益金不算入）又は第三十三条第一項（資産の評価損の損金不算入）の規定にかかわらず、当該事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

(3)In the case where a domestic corporation holds any commodities for short-term trading as of the end of a business year, the valuation gain therefrom (meaning, in the case where the fair value of the commodities for short-term trading exceeds their book value at that time (hereinafter referred to as the "book value at the end of the period" in this paragraph), the amount of the excess) or the valuation loss therefrom (meaning, in the case where the book value at the end of the period of the commodities for short-term trading exceeds their fair value, the amount of the excess) is included in gross profits or deductible expenses, when calculating the amount of income for the business year, notwithstanding the provisions of Article 25, paragraph (1) (Exclusion of Asset Valuation Gains from Gross Profits) or Article 33, paragraph (1) (Exclusion of Asset Valuation Losses, etc. from Deductible Expenses).

４内国法人が、短期売買商品を有する場合において、第一項に規定する目的で短期売買商品の売買を行う業務の全部を廃止したときは、その廃止した時において、その短期売買商品をその時における価額により譲渡し、かつ、短期売買商品以外の資産をその価額により取得したものとみなして、その内国法人の各事業年度の所得の金額を計算する。

(4)In the case where a domestic corporation holds any commodities for short-term trading, when it has abolished all of the operations to buy and sell commodities for short-term trading for the purpose prescribed in paragraph (1), the amount of income of the domestic corporation for each business year is calculated by deeming that the domestic corporation transferred, as of the time of the abolition, the commodities for short-term trading for their value at that time and acquired assets other than commodities for short-term trading for their value.

５短期売買商品の一単位当たりの帳簿価額の算出の基礎となる取得価額の算出の方法、短期売買商品の一単位当たりの帳簿価額の算出の方法の種類、その算出の方法の選定の手続、第三項に規定する評価益又は評価損の翌事業年度における処理その他前各項の規定の適用に関し必要な事項は、政令で定める。

(5)Methods for calculating the acquisition cost that is to be used as the basis of the calculation of book values per unit of commodities for short-term trading, the type of methods for calculating book values per unit of commodities for short-term trading, procedures to select the calculation methods, disposition of valuation gain or loss prescribed in paragraph (3) in the following business year, and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第六十一条の二内国法人が有価証券の譲渡（当該有価証券が合併、分割又は適格現物出資により合併法人、分割承継法人又は被現物出資法人に移転する場合における当該移転を除く。以下この条において同じ。）をした場合には、その譲渡に係る譲渡利益額（第一号に掲げる金額が第二号に掲げる金額を超える場合におけるその超える部分の金額をいう。）又は譲渡損失額（同号に掲げる金額が第一号に掲げる金額を超える場合におけるその超える部分の金額をいう。）は、その譲渡に係る契約をした日（その譲渡が剰余金の配当その他の財務省令で定める事由によるものである場合には、当該剰余金の配当の効力が生ずる日その他の財務省令で定める日）の属する事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

Article 61-2(1)In the case where a domestic corporation has transferred any securities (excluding the case where the securities have been transferred to an acquiring corporation, succeeding corporation in a company split, or corporation receiving a capital contribution in kind as a result of a merger, company split, or qualified contribution in kind; hereinafter the same applies in this Article), capital gain (meaning the difference between the amount listed in item (i) and the amount listed in item (ii) when the former exceeds the latter) or capital loss (meaning the difference between the amount listed in item (i) and the amount listed in item (ii) when the latter exceeds the former) on the transfer is included in gross profits or deductible expenses, when calculating the amount of income for the business year containing the day on which a contract for the transfer was concluded (in the case where the transfer was due to payment of a dividend of surplus or on any other grounds specified by Ordinance of the Ministry of Finance, containing the day on which the dividend of surplus became effective or any other day as specified by the Ordinance of the Ministry of Finance):

２内国法人が旧株（当該内国法人が有していた株式（出資を含む。以下この条において同じ。）をいう。）を発行した法人の合併（当該法人の株主等に合併法人の株式又は合併法人との間に当該合併法人の発行済株式若しくは出資（自己が有する自己の株式を除く。以下この条において「発行済株式等」という。）の全部を保有する関係として政令で定める関係がある法人の株式のいずれか一方の株式以外の資産（当該株主等に対する第二条第十二号の八（定義）に規定する剰余金の配当等として交付された金銭その他の資産及び合併に反対する当該株主等に対するその買取請求に基づく対価として交付される金銭その他の資産を除く。）が交付されなかつたものに限る。）により当該株式の交付を受けた場合における前項の規定の適用については、同項第一号に掲げる金額は、当該旧株の当該合併の直前の帳簿価額に相当する金額とする。

(2)In the case where a domestic corporation has received the delivery of old shares (meaning shares (including capital contributions; hereinafter the same applies in this Article) held by the domestic corporation) as a result of a merger of the corporation that had issued the old shares (such merger is limited to a merger in which shareholders, etc. of the corporation have not received the delivery of assets other than either of an acquiring corporation's shares or shares of a corporation that has a relationship with an acquiring corporation as specified by Cabinet Order as a relationship whereby the corporation holds the whole of the issued shares of or capital contributions to the acquiring corporation (excluding the shares that the acquiring corporation holds in itself and the capital contributions made thereby; hereinafter referred to as "issued shares, etc." in this Article) (such assets exclude monies or other assets delivered as dividends, etc. of surplus to the shareholders, etc. and monies or other assets to be delivered to the shareholders, etc. who oppose the merger as the consideration based on their demand that their shares be purchased from them as prescribed in Article 2, item (xii)-8 (Definitions)), with regard to the application of the provisions of the preceding paragraph, the amount listed in item (i) of the paragraph is deemed to be the amount equivalent to the book value of the old shares as of immediately prior to the merger.

３合併法人は、第二十四条第二項に規定する場合においても、その有する同項に規定する抱合株式に対し同項に規定する株式割当等を受けたものとみなして、前二項の規定を適用する。

(3)The provisions of the preceding two paragraphs apply by deeming that an acquiring corporation has received the allotment of shares, etc. as prescribed in Article 24, paragraph (2) for its tie-in shares prescribed in the paragraph even in the case prescribed in the paragraph.

４内国法人が旧株（当該内国法人が有していた株式をいう。以下この項において同じ。）を発行した法人の行つた分割型分割により分割承継法人の株式その他の資産の交付を受けた場合には、当該旧株のうち当該分割型分割により当該分割承継法人に移転した資産及び負債に対応する部分の譲渡を行つたものとみなして、第一項の規定を適用する。この場合において、その分割型分割（分割法人の株主等に分割承継法人の株式又は分割承継法人との間に当該分割承継法人の発行済株式等の全部を保有する関係として政令で定める関係がある法人（以下この項において「親法人」という。）の株式のいずれか一方の株式以外の資産（当該株主等に対する第二条第十二号の八に規定する剰余金の配当等として交付された同条第十二号の九に規定する分割対価資産以外の金銭その他の資産を除く。）が交付されなかつたもの（以下この項において「金銭等不交付分割型分割」という。）を除く。）により分割承継法人の株式その他の資産の交付を受けたときにおける第一項の規定の適用については、同項第二号に掲げる金額は、その旧株の当該分割型分割の直前の帳簿価額を基礎として政令で定めるところにより計算した金額（以下この項において「分割純資産対応帳簿価額」という。）とし、その分割型分割（金銭等不交付分割型分割に限る。）により分割承継法人の株式又は親法人の株式の交付を受けたときにおける第一項の規定の適用については、同項各号に掲げる金額は、いずれもその旧株の当該分割型分割の直前の分割純資産対応帳簿価額とする。

(4)In the case where a domestic corporation has received, as a result of a company split by split-off effected by the corporation that had issued old shares (meaning shares held by the domestic corporation; hereinafter the same applies in this paragraph), the delivery of shares of the succeeding corporation in a company split or other assets, the provisions of paragraph (1) apply by deeming that the domestic corporation has transferred the portion of the old shares corresponding to the assets and liabilities transferred to the succeeding corporation in a company split as a result of the company split by split-off. In this case, with regard to the application of the provisions of paragraph (1) where the domestic corporation has received the delivery of shares of the succeeding corporation in a company split or other assets, as a result of the company split by split-off (excluding a company split by split-off in which the shareholders, etc. of a splitting corporation have not received the delivery of assets other than either of the shares of a succeeding corporation in a company split or the shares of a corporation that has a relationship with a succeeding corporation in a company split as specified by Cabinet Order as a relationship whereby the corporation holds the whole of the issued shares, etc. of the succeeding corporation in a company split (hereinafter referred to as the "parent corporation" in this paragraph) (such assets exclude monies or other assets other than assets as a consideration for a split as prescribed in Article 2, item (xii)-9 that have been delivered as dividends, etc. of surplus as prescribed in item (xii)-8 of the Article to the shareholders, etc.) (hereinafter such company split by split-off is referred to as a "company split by split-off without delivery of monies, etc." in this paragraph)), the amount listed in paragraph (1), item (ii) is deemed to be the amount calculated, as specified by Cabinet Order, based on the book value of the old shares as of immediately prior to the company split by split-off (hereinafter such calculated amount is referred to as the "book value corresponding to split net assets"); and with regard to the application of paragraph (1) where the domestic corporation has received the delivery of shares of the succeeding corporation in a company split or shares of the parent corporation, as a result of the company split by split-off (limited to a company split by split-off without the delivery of monies, etc.), the amounts listed in the items of paragraph (1) is deemed to be the book values corresponding to split net assets of the old shares as of immediately prior to the company split by split-off.

５内国法人が第六十二条の二第二項（適格合併及び適格分割型分割による資産等の帳簿価額による引継ぎ）の規定により同項に規定する株主等に同項に規定する株式又は合併親法人株式を交付したものとされる場合における第一項の規定の適用については、同項各号に掲げる金額は、いずれも同条第二項に規定する政令で定める金額に相当する金額とする。

(5)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation is deemed to have delivered shares or the acquiring parent corporation's shares as prescribed in Article 62-2, paragraph (2) (Succession of Assets, etc. at Book Value as a Result of Qualified Merger and Qualified Company Split by Split-Off) to the shareholders, etc. prescribed in the paragraph as prescribed in the paragraph, the amounts listed in the items of paragraph (1) are deemed to be the amounts equivalent to those specified by Cabinet Order as prescribed in paragraph (2) of the Article.

６内国法人が自己を分割法人とする適格分割型分割により当該適格分割型分割に係る分割承継法人の株式又は第二条第十二号の十一に規定する分割承継親法人株式（第八項において「分割承継親法人株式」という。）を当該内国法人の株主等に交付した場合における第一項の規定の適用については、同項各号に掲げる金額は、いずれも第六十二条の二第三項に規定する政令で定める金額に相当する金額とする。

(6)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has delivered, as a result of a qualified company split by split-off with itself as a splitting corporation, shares of a succeeding corporation in a company split involved in the qualified company split by split-off or shares of a succeeding parent corporation in a company split as prescribed in Article 2, item (xii)-11 (referred to as "shares of a succeeding parent corporation in a company split" in paragraph (8)) to its shareholders, etc., the amounts listed in the items of paragraph (1) are deemed to be the amounts equivalent to those specified by Cabinet Order as prescribed in Article 62-2, paragraph (3).

７内国法人が自己を合併法人とする適格合併により第二条第十二号の八に規定する合併親法人株式を交付した場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該合併親法人株式の当該適格合併の直前の帳簿価額に相当する金額とする。

(7)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has delivered, as a result of a qualified merger with itself as an acquiring corporation, the acquiring parent corporation's shares as prescribed in Article 2, item (xii)-8, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the acquiring parent corporation's shares as of immediately prior to the qualified merger.

８内国法人が自己を分割承継法人とする適格分割により分割承継親法人株式を交付した場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該分割承継親法人株式の当該適格分割の直前の帳簿価額に相当する金額とする。

(8)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has delivered, as a result of a qualified company split with itself as a succeeding corporation in a company split, shares of a succeeding parent corporation in a company split, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the shares of a succeeding parent corporation in a company split as of immediately prior to the qualified company split.

９内国法人が旧株（当該内国法人が有していた株式をいう。）を発行した法人の行つた株式交換（当該法人の株主に株式交換完全親法人の株式又は株式交換完全親法人との間に当該株式交換完全親法人の発行済株式等の全部を保有する関係として政令で定める関係がある法人の株式のいずれか一方の株式以外の資産（当該株主に対する剰余金の配当として交付された金銭その他の資産及び株式交換に反対する当該株主に対するその買取請求に基づく対価として交付される金銭その他の資産を除く。）が交付されなかつたものに限る。）により当該株式の交付を受けた場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該旧株の当該株式交換の直前の帳簿価額に相当する金額とする。

(9)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received, as a result of a share exchange effected by the corporation that had issued old shares (meaning shares held by the domestic corporation) (such share exchange excludes a share exchange in which the shareholders, etc. of the corporation have not received the delivery of assets other than either of the shares of a wholly owning parent corporation in a share exchange or the shares of a corporation that has a relationship with a wholly owning parent corporation in a share exchange as specified by Cabinet Order as a relationship whereby the corporation holds the whole of the issued shares, etc. of the wholly owning parent corporation in a share exchange (such assets exclude monies or other assets delivered as a dividend of surplus to the shareholders and monies or other assets to be delivered to the shareholders who oppose the share exchange as the consideration based on their demand that their shares be purchased from them)), the delivery of the shares, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the old shares as of immediately prior to the share exchange.

１０内国法人が自己を株式交換完全親法人とする適格株式交換により第二条第十二号の十六に規定する株式交換完全支配親法人株式を交付した場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該株式交換完全支配親法人株式の当該適格株式交換の直前の帳簿価額に相当する金額とする。

(10)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has delivered, as a result of a qualified share exchange with itself as a wholly owning parent corporation in a share exchange, shares of a wholly owning parent corporation in a share exchange as prescribed in Article 2, item (xii)-16, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the shares of a wholly owning parent corporation as of immediately prior to the share exchange.

１１内国法人が旧株（当該内国法人が有していた株式をいう。）を発行した法人の行つた株式移転（当該法人の株主に株式移転完全親法人の株式以外の資産（株式移転に反対する当該株主に対するその買取請求に基づく対価として交付される金銭その他の資産を除く。）が交付されなかつたものに限る。）により当該株式の交付を受けた場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該旧株の当該株式移転の直前の帳簿価額に相当する金額とする。

(11)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received, as a result of a share transfer effected by the corporation that had issued old shares (meaning shares held by the domestic corporation) (such share transfer excludes a share transfer in which the shareholders, etc. of the corporation have not received the delivery of assets other than shares of a wholly owning parent corporation in a share transfer (such assets exclude monies or other assets to be delivered to the shareholders who oppose the share transfer as the consideration based on their demand that their shares be purchased from them)), the delivery of the shares, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the old shares as of immediately prior to the share transfer.

１２内国法人がその有する新株予約権（新株予約権付社債を含む。以下この項において「旧新株予約権等」という。）を発行した法人を被合併法人、分割法人、株式交換完全子法人又は株式移転完全子法人とする合併、分割、株式交換又は株式移転（以下この項において「合併等」という。）により当該旧新株予約権等に代えて当該合併等に係る合併法人、分割承継法人、株式交換完全親法人又は株式移転完全親法人の新株予約権（新株予約権付社債を含む。）のみの交付を受けた場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該旧新株予約権等の当該合併等の直前の帳簿価額に相当する金額とする。

(12)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received, as a result of a merger, company split, share exchange or share transfer (hereinafter referred to as a "merger, etc." in this paragraph), wherein the corporation, which had issued share options (including bonds with share options; hereinafter referred to as "old share options, etc." in this paragraph) that the domestic corporation holds, is an acquired corporation, splitting corporation, wholly owned subsidiary corporation in a share exchange, or wholly owned subsidiary corporation in a share transfer, the delivery of only share options (including bonds with share options) of an acquiring corporation, succeeding corporation in a company split, wholly owning parent corporation in a share exchange, or wholly owning parent corporation in a share transfer, in lieu of the old share options involved in the merger, etc., the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the old share options as of immediately prior to the merger, etc.

１３内国法人が旧株（当該内国法人が有していた株式をいう。）を発行した法人の行つた組織変更（当該法人の株主等に当該法人の株式のみが交付されたものに限る。）に際して当該法人の株式の交付を受けた場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該旧株の当該組織変更の直前の帳簿価額に相当する金額とする。

(13)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received, upon an entity conversion effected by the corporation that had issued old shares (meaning shares held by the domestic corporation) (such entity conversion is limited to that in which only shares of the corporation have been delivered to its shareholders, etc.), the delivery of shares of the corporation, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the old shares as of immediately prior to the organizational change.

１４内国法人が次の各号に掲げる有価証券を当該各号に定める事由により譲渡をし、かつ、当該事由により当該各号に規定する取得をする法人の株式又は新株予約権の交付を受けた場合（当該交付を受けた株式又は新株予約権の価額が当該譲渡をした有価証券の価額とおおむね同額となつていないと認められる場合を除く。）における第一項の規定の適用については、同項第一号に掲げる金額は、当該各号に掲げる有価証券の当該譲渡の直前の帳簿価額（第四号に掲げる有価証券にあつては、同号の新株予約権付社債の当該譲渡の直前の帳簿価額）に相当する金額とする。

(14)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has transferred securities as listed in the following items on any of the grounds prescribed in the relevant item and has received the delivery of the shares or share options of a corporation that has made the acquisition as prescribed in the relevant item on the grounds (excluding the case where it is deemed that the value of the shares or share options received is not close to the value of the transferred securities), the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the securities listed in the relevant item as of immediately prior to the transfer (with regard to securities listed in item (iv), equivalent to the book value of the bonds with share options set forth in the item as of immediately prior to the transfer):

１５内国法人が旧受益権（当該内国法人が有していた集団投資信託の受益権をいう。）に係る信託の併合（当該集団投資信託の受益者に当該信託の併合に係る新たな信託の受益権以外の資産（信託の併合に反対する当該受益者に対するその買取請求に基づく対価として交付される金銭その他の資産を除く。）が交付されなかつたものに限る。）により当該受益権の交付を受けた場合における第一項の規定の適用については、同項第一号に掲げる金額は、当該旧受益権の当該信託の併合の直前の帳簿価額に相当する金額とする。

(15)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received, as a result of the consolidation of trusts related to old beneficial rights (meaning beneficial rights of a group investment trust held by the domestic corporation) (such consolidation of trusts is limited to that in which beneficiaries of the group investment trust have not received the delivery of assets other than the beneficial rights of a new trust involved in the consolidation of trusts (such assets exclude monies or other assets to be delivered to the beneficiaries who oppose the consolidation of trusts as the consideration based on their demand that their shares be purchased from them)), the delivery of the beneficial rights, the amount listed in paragraph (1), item (i) is deemed to be the amount equivalent to the book value of the old beneficiary rights as of immediately prior to the consolidation of trusts.

１６内国法人が旧受益権（当該内国法人が有していた集団投資信託の受益権をいう。以下この項において同じ。）に係る信託の分割により承継信託（信託の分割により受託者を同一とする他の信託からその信託財産の一部の移転を受ける信託をいう。以下この項において同じ。）の受益権その他の資産の交付を受けた場合には、当該旧受益権のうち当該信託の分割により当該承継信託に移転した資産及び負債に対応する部分の譲渡を行つたものとみなして、第一項の規定を適用する。この場合において、その信託の分割（分割信託（信託の分割によりその信託財産の一部を受託者を同一とする他の信託又は新たな信託の信託財産として移転する信託をいう。）の受益者に承継信託の受益権以外の資産（信託の分割に反対する当該受益者に対するその買取請求に基づく対価として交付される金銭その他の資産を除く。）が交付されたもの（以下この項において「金銭等交付分割」という。）に限る。）により承継信託の受益権その他の資産の交付を受けたときにおける第一項の規定の適用については、同項第二号に掲げる金額は、その旧受益権の当該信託の分割の直前の帳簿価額を基礎として政令で定めるところにより計算した金額（以下この項において「分割純資産対応帳簿価額」という。）とし、その信託の分割（金銭等交付分割を除く。）により承継信託の受益権の交付を受けたときにおける第一項の規定の適用については、同項各号に掲げる金額は、いずれもその旧受益権の当該信託の分割の直前の分割純資産対応帳簿価額とする。

(16)In the case where a domestic corporation has received, as a result of the split of a trust related to old beneficial rights (meaning the beneficial rights of a group investment trust held by the domestic corporation; hereinafter the same applies in this paragraph), the delivery of the beneficial rights of a succeeding trust (meaning a trust that receives the transfer of a part of the trust property of another trust holding the same trustee as a result of a trust split; hereinafter the same applies in this paragraph) or other assets, the provisions of paragraph (1) apply by deeming that the domestic corporation has transferred the portion of the old beneficial rights corresponding to the assets and liabilities transferred to the succeeding trust as a result of the trust split. In this case, with regard to the application of the provisions of paragraph (1) where the domestic corporation has received the delivery of the beneficial rights of a succeeding trust or other assets, as a result of the trust split (limited to a trust split in which beneficiaries of the split trust (meaning a trust that transfers, as a result of a trust split, a part of its trust property as the trust property of another trust holding the same trustee or a new trust) have received the delivery of assets other than the beneficial rights of a succeeding trust (such assets exclude monies or other assets to be delivered to the beneficiaries who oppose the trust split as the consideration based on their demand that their shares be purchased from them) (hereinafter such trust split is referred to as a "trust split with delivery of monies, etc." in this paragraph)), the amount listed in paragraph (1), item (ii)is deemed to be the amount calculated, as specified by Cabinet Order, based on the book value of the old beneficial rights as of immediately prior to the trust split (hereinafter such calculated amount is referred to as the "book value corresponding to split net assets"); and with regard to the application of paragraph (1) where the domestic corporation has received the delivery of the beneficial rights of a succeeding trust, as a result of the trust split (excluding a trust split with delivery of monies, etc.), the amounts listed in the items of paragraph (1) is deemed to be the book values corresponding to split net assets of the old beneficial rights as of immediately prior to the trust split.

１７内国法人が所有株式（当該内国法人が有する株式をいう。）を発行した法人の第二十四条第一項第三号に規定する資本の払戻し又は解散による残余財産の一部の分配（以下この項において「払戻し等」という。）として金銭その他の資産の交付を受けた場合における第一項の規定の適用については、同項第二号に掲げる金額は、当該所有株式の払戻し等の直前の帳簿価額を基礎として政令で定めるところにより計算した金額とする。

(17)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received the delivery of monies or other assets as a Return of the capital or the distribution of residual assets due to the dissolution of a corporation that had issued shares that the domestic corporation holds as prescribed in Article 24, paragraph (1), item (iii) (hereinafter referred to as a "refund, etc." in this paragraph), the amount listed in paragraph (1), item (ii) is deemed to be the amount calculated, as specified by Cabinet Order, based on the book value of the shares as of immediately prior to the refund, etc.

１８内国法人がその出資（口数の定めがないものに限る。以下この項において「所有出資」という。）を有する法人の出資の払戻し（以下この項において「払戻し」という。）として金銭その他の資産の交付を受けた場合における第一項の規定の適用については、同項第二号に掲げる金額は、当該払戻しの直前の当該所有出資の帳簿価額に当該払戻しの直前の当該所有出資の金額のうちに当該払戻しに係る出資の金額の占める割合を乗じて計算した金額に相当する金額とする。

(18)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has received the delivery of monies or other assets as a Return of the capital contributions of a corporation that it holds (limited to capital contributions without any provisions concerning the number of units; hereinafter referred to as "owned capital contributions" in this paragraph) (hereinafter such refund is simply referred to as a "refund" in this paragraph), the amount listed in paragraph (1), item (ii) is deemed to be the amount equivalent to the amount obtained by multiplying the book value of the owned capital contributions as of immediately prior to the refund by the rate that the capital contributions pertaining to the refund accounts for among the amount of the owned capital contributions as of immediately prior to the refund.

１９内国法人が、有価証券の空売り（有価証券を有しないでその売付けをし、その後にその有価証券と銘柄を同じくする有価証券の買戻しをして決済をする取引その他財務省令で定める取引をいい、次項に規定する信用取引及び発行日取引に該当するものを除く。）の方法により、有価証券の売付けをし、その後にその有価証券と銘柄を同じくする有価証券の買戻しをして決済をした場合における第一項の規定の適用については、同項に規定する譲渡利益額は第一号に掲げる金額が第二号に掲げる金額を超える場合におけるその超える部分の金額とし、同項に規定する譲渡損失額は同号に掲げる金額が第一号に掲げる金額を超える場合におけるその超える部分の金額とし、同項に規定する譲渡に係る契約をした日はその決済に係る買戻しの契約をした日とする。

(19)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has sold securities and has bought back securities of the same issue thereafter to complete a settlement by way of short selling (meaning a transaction wherein a person sells securities without holding them and buys back securities of the same issue thereafter to complete the settlement or other transactions specified by Ordinance of the Ministry of Finance and excluding those falling under the category of a margin transaction or a when issued transaction as prescribed in the following paragraph), the capital gain prescribed in the paragraph is deemed to be the difference between the amount listed in item (i) and the amount listed in item (ii) when the former exceeds the latter, the capital loss prescribed in the paragraph is deemed to be the difference between the amount listed in item (i) and the amount listed in item (ii) when the latter exceeds the former, and the day on which a contract for the transfer was concluded as prescribed in the paragraph is to be the day on which a buyback contract pertaining to the settlement was concluded:

２０内国法人が、金融商品取引法第百五十六条の二十四第一項（免許及び免許の申請）に規定する信用取引又は発行日取引（有価証券が発行される前にその有価証券の売買を行う取引であつて財務省令で定める取引をいう。）の方法により、株式の売付け又は買付けをし、その後にその株式と銘柄を同じくする株式の買付け又は売付けをして決済をした場合における第一項の規定の適用については、同項に規定する譲渡利益額は第一号に掲げる金額が第二号に掲げる金額を超える場合におけるその超える部分の金額とし、同項に規定する譲渡損失額は同号に掲げる金額が第一号に掲げる金額を超える場合におけるその超える部分の金額とし、同項に規定する譲渡に係る契約をした日はその決済に係る買付け又は売付けの契約をした日とする。

(20)With regard to the application of the provisions of paragraph (1) in the case where a domestic corporation has sold or bought shares and has bought or sold shares of the same issue thereafter to complete settlement by way of a margin transaction as prescribed in Article 156-24, paragraph (1) (License and Application of License) of the Financial Instruments and Exchange Act or a when issued transaction (meaning a transaction wherein a person sells or buys securities prior to the issuance thereof and which is specified by Ordinance of the Ministry of Finance), the capital gain prescribed in the paragraph is to be the difference between the amount listed in item (i) and the amount listed in item (ii) when the former exceeds the latter, the capital loss prescribed in the paragraph is to be the difference between the amount listed in item (i) and the amount listed in item (ii) when the latter exceeds the former, and the day on which a contract for the transfer was concluded as prescribed in the paragraph is to be the day on which a contract for buying or selling pertaining to the settlement was concluded:

２１内国法人が次条第一項第一号に規定する売買目的有価証券、社債、株式等の振替に関する法律第九十条第一項（定義）に規定する分離適格振替国債である有価証券その他の政令で定める有価証券（以下この項において「特定有価証券」という。）を有する場合において、その特定有価証券について、同号に規定する目的で有価証券の売買を行う業務の全部を廃止したこと、同条第一項に規定する元利分離が行われたことその他の政令で定める事実が生じたときは、政令で定めるところにより、当該事実が生じた時において、当該特定有価証券を譲渡し、かつ、当該特定有価証券以外の有価証券を取得したものとみなして、その内国法人の各事業年度の所得の金額を計算する。

(21)In the case where a domestic corporation holds securities for buying and selling as prescribed in paragraph (1), item (i) of the following Article, securities which are STRIPS bonds as prescribed in Article 90, paragraph (1) (Definitions) of the Act on Transfer of Bonds, Shares, etc., or any other securities as specified by Cabinet Order (hereinafter referred to as "specified securities" in this paragraph), when the domestic corporation has abolished all of its operations to buy and sell securities for the purpose prescribed in the item, separate trading of principal and interest prescribed in paragraph (1) of the Article has been conducted, or any other events as specified by Cabinet Order have occurred, the amount of the income of the domestic corporation for each business year is calculated by deeming that the domestic corporation transferred the specified securities and acquired securities other than the specified securities as of the time when the events occurred, as specified by Cabinet Order.

２２内国法人が、自己を合併法人、分割承継法人又は株式交換完全親法人とする合併、分割又は株式交換（以下この項において「合併等」という。）により親法人株式（その内国法人との間に当該内国法人の発行済株式等の全部を保有する関係として政令で定める関係がある法人に該当することが当該合併等に係る契約をする日（以下この項において「契約日」という。）において見込まれる法人の株式をいう。以下この項において同じ。）を交付しようとする場合において、契約日に親法人株式を有していたとき、又は契約日後に当該内国法人を合併法人とする適格合併その他の政令で定める事由により親法人株式の移転を受けたときは、当該契約日又は当該移転を受けた日（以下この項において「契約日等」という。）において、これらの親法人株式（その交付しようとすることが見込まれる数を超える部分の数として政令で定める数に相当するものを除く。以下この項において同じ。）を当該契約日等における価額により譲渡し、かつ、これらの親法人株式をその価額により取得したものとみなして、当該内国法人の各事業年度の所得の金額を計算する。

(22)In the case where a domestic corporation intends to deliver, as a result of a merger, company split, or share exchange (hereinafter referred to as a "merger, etc." in this paragraph) with itself as the acquiring corporation, succeeding corporation in a company split, or wholly owning parent corporation in a share exchange, the parent corporation's shares (meaning the shares of a corporation that is expected to fall under the category of a corporation that has a relationship with the domestic corporation specified by Cabinet Order as a relationship whereby the corporation holds the whole of the issued shares, etc. of the domestic corporation, as of the day on which a contract for the merger, etc. is concluded (hereinafter referred to as the "contract date" in this paragraph); hereinafter the same applies in this paragraph), when the domestic corporation holds the parent corporation's shares as of the contract date or has received the transfer of the parent corporation's shares as a result of a qualified merger, wherein the domestic corporation is an acquiring corporation, or on any other grounds specified by Cabinet Order after the contract date, the amount of the income of the domestic corporation for each business year is calculated by deeming that the domestic corporation transferred such parent corporation's shares (excluding the equivalent number of shares specified by Cabinet Order as exceeding the number that the domestic corporation is expected to deliver; hereinafter the same applies in this paragraph) at their value as of the contract date or the day on which the domestic corporation received the transfer (hereinafter referred to as the "contract date, etc." in this paragraph) and acquired such parent corporation's shares at their value, as of the contract date, etc.

２３有価証券の一単位当たりの帳簿価額の算出の基礎となる取得価額の算出の方法、有価証券の一単位当たりの帳簿価額の算出の方法の種類、その算出の方法の選定の手続その他前各項の規定の適用に関し必要な事項は、政令で定める。

(23)Methods for calculating the acquisition cost that is to be used as the basis of the calculation of book values per unit of securities, the type of methods for calculating book values per unit of securities, procedures to select calculation methods, and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第六十一条の三内国法人が事業年度終了の時において有する有価証券については、次の各号に掲げる有価証券の区分に応じ当該各号に定める金額をもつて、その時における評価額とする。

Article 61-3(1)With regard to securities held by a domestic corporation as of the end of a business year, the amounts prescribed in the following items, in accordance with the category of the securities listed as follows, are to be their fair value at that time:

２内国法人が事業年度終了の時において売買目的有価証券を有する場合には、当該売買目的有価証券に係る評価益（当該売買目的有価証券の時価評価金額が当該売買目的有価証券のその時における帳簿価額（以下この項において「期末帳簿価額」という。）を超える場合におけるその超える部分の金額をいう。）又は評価損（当該売買目的有価証券の期末帳簿価額が当該売買目的有価証券の時価評価金額を超える場合におけるその超える部分の金額をいう。）は、第二十五条第一項（資産の評価益の益金不算入）又は第三十三条第一項（資産の評価損の損金不算入）の規定にかかわらず、当該事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

(2)In the case where a domestic corporation holds securities for buying and selling as of the end of a business year, the valuation gain therefrom (meaning, in the case where the fair value of the securities for buying and selling exceeds their book value at that time (hereinafter referred to as the "book value at the end of the period" in this paragraph), the amount of the excess) or a valuation loss therefrom (meaning, in the case where the book value at the end of the period of the securities for buying and selling exceeds their fair value, the amount of the excess) is included in gross profits or deductible expenses, when calculating the amount of income for the business year, notwithstanding the provisions of Article 25, paragraph (1) (Exclusion of Asset Valuation Gains from Gross Profits) or Article 33, paragraph (1) (Exclusion of Asset Valuation Losses from Deductible Expenses).

３前項に規定する評価益又は評価損の翌事業年度における処理その他前二項の規定の適用に関し必要な事項は、政令で定める。

(3)Disposition of valuation gain or loss prescribed in the preceding paragraph in the next business year, and other necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.

第六十一条の四内国法人が第六十一条の二第十九項（有価証券の空売りをした場合の譲渡利益額又は譲渡損失額の計算）に規定する有価証券の空売り、同条第二十項に規定する信用取引（次項において「信用取引」という。）、同条第二十項に規定する発行日取引（次項において「発行日取引」という。）又は金融商品取引法第二条第八項第六号（定義）に規定する有価証券の引受け（前条第一項第二号に規定する売買目的外有価証券の取得を目的とするものを除く。）を行つた場合において、これらの取引のうち事業年度終了の時において決済されていないものがあるときは、その時においてこれらの取引を決済したものとみなして財務省令で定めるところにより算出した利益の額又は損失の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、益金の額又は損金の額に算入する。

Article 61-4(1)In the case where a domestic corporation has conducted the short selling of securities prescribed in Article 61-2, paragraph (19) (Calculation of Capital Gain or Loss on Short Selling of Securities), the margin transaction prescribed in paragraph (20) of the Article (referred to as a "margin transaction" in the following paragraph), the when issued transaction prescribed in paragraph (20) of the Article (referred to as a "when issued transaction" in the following paragraph), or the underwriting of securities prescribed in Article 2, paragraph (8), item (vi) (Definitions) of the Financial Instruments and Exchange Act (excluding the underwriting of securities for the purpose of acquiring securities not for buying and selling as prescribed in paragraph (1), item (ii) of the preceding Article), when any of such transactions have not been settled as of the end of a business year, the amount equivalent to the profit or loss calculated, as specified by Ordinance of the Ministry of Finance, by deeming that such transactions were settled at that time, is included in gross profits or deductible expenses, when calculating the amount of income for the business year.

２内国法人が信用取引等（信用取引（買付けに限る。）及び発行日取引（買付けに限る。）をいう。以下この項において同じ。）に係る契約に基づき有価証券を取得した場合（第六十一条の六第一項（繰延ヘッジ処理による利益額又は損失額の繰延べ）の規定の適用を受ける信用取引等に係る契約に基づき当該有価証券を取得した場合を除く。）には、その取得の時における当該有価証券の価額とその取得の基因となつた信用取引等に係る契約に基づき当該有価証券の取得の対価として支払つた金額との差額は、当該取得の日の属する事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

(2)In the case where a domestic corporation has acquired securities based on a contract for a margin transaction, etc. (meaning a margin transaction (limited to buying) and a when issued transaction (limited to buying); hereinafter the same applies in this paragraph) (excluding the case where the domestic corporation has acquired the securities based on a contract for a margin transaction, etc. subject to the provisions of Article 61-6, paragraph (1) (Deferment of Profit or Loss by Deferred Hedge Accounting)), the difference between the value of the securities as of the time of the acquisition and the amount that the domestic corporation paid as the consideration for the acquisition of the securities based on a contract for margin transactions, etc. that had caused the acquisition is included in gross profits or deductible expenses, when calculating the amount of income for the business year containing the date of the acquisition.

３第一項の利益の額又は損失の額に相当する金額の翌事業年度における処理その他前二項の規定の適用に関し必要な事項は、政令で定める。

(3)The disposition of the amount equivalent to the profit or loss set forth in paragraph (1) in the next business year, and other necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.

第六十一条の五内国法人がデリバティブ取引（金利、通貨の価格、商品の価格その他の指標の数値としてあらかじめ当事者間で約定された数値と将来の一定の時期における現実の当該指標の数値との差に基づいて算出される金銭の授受を約する取引又はこれに類似する取引であつて、財務省令で定めるものをいう。以下この項及び次項において同じ。）を行つた場合において、当該デリバティブ取引のうち事業年度終了の時において決済されていないもの（第六十一条の八第二項（先物外国為替契約等により円換算額を確定させた外貨建取引の換算）の規定の適用を受ける場合における同項に規定する先物外国為替契約等に基づくものその他財務省令で定める取引を除く。以下この項において「未決済デリバティブ取引」という。）があるときは、その時において当該未決済デリバティブ取引を決済したものとみなして財務省令で定めるところにより算出した利益の額又は損失の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、益金の額又は損金の額に算入する。

Article 61-5(1)In the case where a domestic corporation has conducted derivative transactions (meaning transactions promising the payment or receipt of the amount of monies calculated based on the difference between the numeric value, which has been agreed upon between the parties in advance as the interest rate, price of currency, price of goods or numeric value of another index, and the actual numeric value of such index at a certain time in the future, or transactions similar thereto, which are specified by Ordinance of the Ministry of Finance; hereinafter the same applies in this paragraph and the following paragraph), when any of those transactions have not been settled as of the end of a business year (excluding transactions based on a foreign exchange futures contract as prescribed in Article 61-8, paragraph (2) (Conversion of Transactions in a Foreign Currency with the Amount in Japanese Yen Determined under a Foreign Exchange Futures Contract, etc.) in the case where the provisions of the paragraph apply and other transactions specified by Ordinance of the Ministry of Finance; hereinafter referred to as "unsettled derivative transactions" in this paragraph), the amount equivalent to the profit or loss calculated, as specified by Ordinance of the Ministry of Finance, by deeming that the unsettled derivative transactions were settled at the time,is included in gross profits or deductible expenses, when calculating the amount of income for the business year.

２内国法人がデリバティブ取引に係る契約に基づき金銭以外の資産を取得した場合（次条第一項の規定の適用を受けるデリバティブ取引に係る契約に基づき当該資産を取得した場合を除く。）には、その取得の時における当該資産の価額とその取得の基因となつたデリバティブ取引に係る契約に基づき当該資産の取得の対価として支払つた金額との差額は、当該取得の日の属する事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

(2)In the case where a domestic corporation has acquired assets other than monies based on a contract for derivative transactions (excluding the case where the domestic corporation has acquired the assets based on a contract for derivative transactions subject to the provisions of paragraph (1) of the following Article), the difference between the value of the assets as of the time of the acquisition and the amount that the domestic corporation paid as the consideration for the acquisition of the assets based on a contract for derivative transactions that had caused the acquisition is included in gross profits or deductible expenses, when calculating the amount of income for the business year containing the date of the acquisition.

３第一項の利益の額又は損失の額に相当する金額の翌事業年度における処理その他前二項の規定の適用に関し必要な事項は、政令で定める。

(3)The disposition of the amount equivalent to the profit or loss set forth in paragraph (1) in the next business year, and other necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.

第六十一条の六内国法人が次に掲げる損失の額（以下この項及び第三項において「ヘッジ対象資産等損失額」という。）を減少させるためにデリバティブ取引等を行つた場合（次条第一項の規定の適用がある場合を除くものとし、当該デリバティブ取引等が当該ヘッジ対象資産等損失額を減少させるために行つたものである旨その他財務省令で定める事項を財務省令で定めるところにより帳簿書類に記載した場合に限る。）において、当該デリバティブ取引等を行つた時から事業年度終了の時までの間において当該ヘッジ対象資産等損失額を減少させようとする第一号に規定する資産若しくは負債又は第二号に規定する金銭につき譲渡若しくは消滅又は受取若しくは支払がなく、かつ、当該デリバティブ取引等が当該ヘッジ対象資産等損失額を減少させるために有効であると認められる場合として政令で定める場合に該当するときは、当該デリバティブ取引等に係る利益額又は損失額（当該デリバティブ取引等の決済によつて生じた利益の額又は損失の額（第四項において「決済損益額」という。）、第六十一条の四第一項（有価証券の空売り等に係る利益相当額又は損失相当額の益金又は損金算入等）に規定する利益の額又は損失の額に相当する金額、前条第一項に規定する利益の額又は損失の額に相当する金額及び第六十一条の九第二項（外貨建資産等の期末換算差額の益金又は損金算入）に規定する差額に相当する金額をいう。）のうち当該ヘッジ対象資産等損失額を減少させるために有効である部分の金額として政令で定めるところにより計算した金額は、第六十一条の四第一項、前条第一項及び第六十一条の九第二項の規定にかかわらず、当該事業年度の所得の金額の計算上、益金の額又は損金の額に算入しない。

Article 61-6(1)In the case where a domestic corporation has conducted derivative transactions, etc. so as to decrease the net operating loss listed as follows (hereinafter referred to as the " net operating loss on hedged assets, etc." in this paragraph and paragraph (3)) (excluding the case where the provisions of paragraph (1) of the next Article apply and limited to the case where the domestic corporation has stated, in books and documents, to the effect that the derivative transactions, etc. aimed to decrease the net operating loss on hedged assets, etc. and has entered other matters specified by an Ordinance of the Ministry of Finance, as specified by an Ordinance of the Ministry of Finance), when any of the assets or liabilities prescribed in item (i), or monies prescribed in item (ii), with which the net operating loss on hedged assets, etc. is to be decreased, have neither been transferred, extinguished, received, nor paid during the period from the time of the derivative transactions, etc. to the end of a business year, and when it falls under the case specified by a Cabinet Order as the case where the derivative transactions, etc. are deemed to be effective to decrease the net operating loss on hedged assets, etc., the portion of the amount of profit or loss from the derivative transactions, etc. (meaning the amount of profit or loss on the settlement of the derivative transactions, etc. (referred to as the "profit or loss on settlement" in paragraph (4)), the amount equivalent to the profit or loss prescribed in Article 61-4, paragraph (1) (Inclusion of the Amount Equivalent to Profits or Losses on the Short Selling, etc. of Securities in Gross Profits or Deductible Expenses), the amount equivalent to the profit or loss prescribed in paragraph (1) of the preceding Article, and the amount equivalent to the difference prescribed in Article 61-9, paragraph (2) (Inclusion in Gross Profits or Deductible Expenses of the Difference from the Conversion of Assets, etc. in a Foreign Currency at the End of the Period)), which has been calculated, as specified by Cabinet Order, as the effective portion in order to decrease the net operating loss on hedged assets, etc., is excluded from gross profits or deductible expenses, when calculating the amount of income for the business year, notwithstanding the provisions of Article 61-4, paragraph (1), paragraph (1) of the preceding Article, and Article 61-9, paragraph (2):

２前項に規定するデリバティブ取引等とは、次に掲げる取引（第六十一条の八第二項の規定の適用を受ける場合における同項に規定する先物外国為替契約等に基づくもの及び前条第一項に規定する財務省令で定める取引を除く。）をいう。

(2)The derivative transactions, etc. prescribed in the preceding paragraph mean the following transactions (excluding transactions based on a foreign exchange futures contract, etc. as prescribed in Article 61-8, paragraph (2) in the case of being subject to the provisions of the paragraph and transactions as specified by Ordinance of the Ministry of Finance as prescribed in paragraph (1) of the preceding Article):

３内国法人が、適格合併、適格分割、適格現物出資又は適格事後設立（第六十一条の八までにおいて「適格組織再編成」という。）により被合併法人、分割法人、現物出資法人又は事後設立法人（第六十一条の八までにおいて「被合併法人等」という。）からヘッジ対象資産等損失額を減少させるために行つた第一項に規定するデリバティブ取引等（以下この項において「デリバティブ取引等」という。）に係る契約の移転を受け、かつ、当該適格組織再編成により第一項第一号に規定する資産若しくは負債（当該デリバティブ取引等によりヘッジ対象資産等損失額を減少させようとするものに限る。）の移転を受け、又は同項第二号に規定する金銭（当該デリバティブ取引等によりヘッジ対象資産等損失額を減少させようとするものに限る。）を受け取り、若しくは支払うこととなつた場合（同項の規定の適用を受けた当該適格組織再編成に係る被合併法人等が当該適格組織再編成前にヘッジ対象資産等損失額を減少させるために行つたデリバティブ取引等の決済をしていた場合には、当該適格組織再編成により当該被合併法人等から同項第一号に規定する資産若しくは負債（当該デリバティブ取引等によりヘッジ対象資産等損失額を減少させようとしていたものに限る。）の移転を受け、又は同項第二号に規定する金銭（当該デリバティブ取引等によりヘッジ対象資産等損失額を減少させようとしていたものに限る。）を受け取り、若しくは支払うこととなつた場合）において、当該被合併法人等が当該契約の移転をしたデリバティブ取引等（当該決済をしていた場合には、当該決済をしたデリバティブ取引等。以下この項において同じ。）につき第一項に規定する旨その他同項に規定する事項を同項に規定する財務省令で定めるところにより帳簿書類に記載していたときは、当該適格組織再編成の日の属する事業年度以後の各事業年度におけるこの条の規定の適用については、当該内国法人が当該適格組織再編成により移転を受けた同項第一号に規定する資産若しくは負債又は当該適格組織再編成により受け取り、若しくは支払うこととなつた同項第二号に規定する金銭に係るヘッジ対象資産等損失額を減少させるために当該デリバティブ取引等を行い、かつ、当該記載をしていたものとみなす。

(3)In the case where a domestic corporation has received, as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (referred to as a "qualified organizational restructuring" through to Article 61-8), the transfer of a contract for derivative transactions, etc. as prescribed in paragraph (1) (hereinafter referred to as "derivative transactions, etc." in this paragraph) that has been conducted so as to decrease the net operating loss on hedged assets, etc. from an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation (referred to as a "acquired corporation, etc." through to Article 61-8), and has received, as a result of the qualified organizational restructuring, the transfer of assets or liabilities prescribed in paragraph (1), item (i) (limited to assets or liabilities with which the net operating loss on hedged assets, etc. is to be decreased through the derivative transactions, etc.) or has come to receive or pay the monies prescribed in item (ii) of the paragraph (limited to monies with which the net operating loss on hedged assets, etc. is to be decreased through the derivative transactions, etc.) (where an acquired corporation, etc. involved in the qualified organizational restructuring subject to the provisions of paragraph (1) had already settled the derivative transactions, etc. that it had conducted so as to decrease the net operating loss on hedged assets, etc. prior to the qualified organizational restructuring, in the case where the domestic corporation has received, as a result of the qualified organizational restructuring, the transfer of assets or liabilities prescribed in item (i) of the paragraph (limited to assets or liabilities with which the net operating loss on hedged assets, etc. is to be decreased through the derivative transactions, etc.) from the acquired corporation, etc., or has come to receive or pay the monies prescribed in item (ii) of the paragraph (limited to monies with which the net operating loss on hedged assets, etc. is to be decreased through the derivative transactions, etc.)), when the acquired corporation, etc. has stated, in books and documents, to the effect prescribed in paragraph (1) and has entered other matters as prescribed in the paragraph, regarding the derivative transactions, etc. wherein the contract has been transferred (where the settlement had been made, the derivative transactions, etc. wherein the settlement had been made; hereinafter the same applies in this paragraph), as specified by Ordinance of the Ministry of Finance as prescribed in the paragraph, with regard to the application of the provisions of this Article in each business year after the business year containing the date of the qualified organizational restructuring, it is deemed that the domestic corporation has conducted the derivative transactions and has made the entry so as to decrease the net operating loss on hedged assets, etc. pertaining to the assets or liabilities prescribed in paragraph (1), item (i) that it has received as a result of the qualified organizational restructuring or the monies prescribed in item (ii) of the paragraph that it has come to receive or pay as a result of the qualified organizational restructuring.

４決済損益額のうち第一項に規定する政令で定めるところにより計算した金額の翌事業年度以後の各事業年度における処理その他前三項の規定の適用に関し必要な事項は、政令で定める。

(4)The disposition of the portion of the profit or loss on settlement calculated as specified by Cabinet Order as prescribed in paragraph (1) in each business year after the next business year, and other necessary matters concerning the application of the provisions of the preceding three paragraphs are specified by Cabinet Order.

第六十一条の七内国法人がその有する売買目的外有価証券（第六十一条の三第一項第二号（売買目的有価証券の評価益又は評価損の益金又は損金算入等）に規定する売買目的外有価証券をいう。以下この条において同じ。）の価額の変動（第六十一条の九第一項第一号ロ（外貨建資産等の期末換算差益又は期末換算差損の益金又は損金算入等）に規定する期末時換算法により次条第一項に規定する円換算額（以下この項において「円換算額」という。）への換算をする第六十一条の九第一項第二号ロに掲げる有価証券の価額の外国為替の売買相場の変動に基因する変動を除く。）により生ずるおそれのある損失の額（以下この条において「ヘッジ対象有価証券損失額」という。）を減少させるためにデリバティブ取引等（前条第二項に規定するデリバティブ取引等をいう。以下この条において同じ。）を行つた場合（当該売買目的外有価証券を政令で定めるところにより評価し、又は円換算額に換算する旨その他財務省令で定める事項を財務省令で定めるところにより帳簿書類に記載した場合に限る。）において、当該デリバティブ取引等を行つた時から事業年度終了の時までの間に当該売買目的外有価証券の譲渡がなく、かつ、当該デリバティブ取引等が当該ヘッジ対象有価証券損失額を減少させるために有効であると認められる場合として政令で定める場合に該当するときは、当該売買目的外有価証券の価額と帳簿価額との差額のうち当該デリバティブ取引等に係る前条第一項に規定する利益額又は損失額に対応する部分の金額として政令で定めるところにより計算した金額は、当該事業年度の所得の金額の計算上、損金の額又は益金の額に算入する。

Article 61-7(1)In the case where a domestic corporation has conducted derivative transactions, etc. (meaning derivative transactions, etc. as prescribed in paragraph (2) of the preceding Article; hereinafter the same applies in this Article) so as to decrease the net operating loss that is likely to arise due to fluctuations in the value of its securities not for buying and selling (meaning securities not for buying and selling as prescribed in Article 61-3, paragraph (1), item (ii) (Inclusion of Valuation Gains or Losses on Securities for Buying and Selling in Gross Profits or Deductible Expenses); hereinafter the same applies in this Article) (such fluctuations exclude those arising due to fluctuations in foreign exchange rates in the value of the securities listed in Article 61-9, paragraph (1), item (ii), (b), which is to be converted into Japanese yen as prescribed in paragraph (1) of the following Article (hereinafter the amount converted into Japanese yen is referred to as the "amount in Japanese yen" in this paragraph) by the conversion method at the current exchange rate prescribed in Article 61-9, paragraph (1), item (i), (b) (Inclusion in Gross Profits or Deductible Expenses of Profits or Losses on the Difference from the Conversion of Assets in a Foreign Currency at the End of the Period)) (hereinafter such net operating loss is referred to as the " net operating loss on hedged securities" in this Article), (limited to the case where the domestic corporation has stated, in books and documents, to the effect that the securities not for buying and selling are to be evaluated or converted into the amount in Japanese yen as specified by Cabinet Order, and has entered other matters as specified by Ordinance of the Ministry of Finance as specified by Ordinance of the Ministry of Finance), when the securities not for buying and selling have not been transferred during the period from the time of the derivative transactions, etc. to the end of a business year, and when it falls under the case specified by Cabinet Order as a case where the derivative transactions, etc. are deemed to be effective to decrease the net operating loss on hedged securities, the portion of the difference between the value and the book value of the securities not for buying and selling, which has been calculated, as specified by Cabinet Order, as the portion corresponding to the amount of profit or loss prescribed in paragraph (1) of the preceding Article that arises from the derivative transactions, etc., is included in gross profits or deductible expenses, when calculating the amount of income for the business year

２内国法人が、適格組織再編成により被合併法人等からヘッジ対象有価証券損失額を減少させるために行つたデリバティブ取引等に係る契約の移転を受け、かつ、当該適格組織再編成により売買目的外有価証券（当該デリバティブ取引等によりヘッジ対象有価証券損失額を減少させようとするものに限る。）の移転を受けた場合（前項の規定の適用を受けた当該適格組織再編成に係る被合併法人等が当該適格組織再編成前にヘッジ対象有価証券損失額を減少させるために行つたデリバティブ取引等の決済をしていた場合には、当該適格組織再編成により当該被合併法人等から売買目的外有価証券（当該デリバティブ取引等によりヘッジ対象有価証券損失額を減少させようとしていたものに限る。）の移転を受けた場合）において、当該被合併法人等が当該契約の移転をしたデリバティブ取引等（当該決済をしていた場合には、当該決済をしたデリバティブ取引等。以下この項において同じ。）につき前項に規定する旨その他同項に規定する事項を同項に規定する財務省令で定めるところにより帳簿書類に記載していたときは、当該適格組織再編成の日の属する事業年度以後の各事業年度におけるこの条の規定の適用については、当該内国法人が当該適格組織再編成により移転を受けた売買目的外有価証券に係るヘッジ対象有価証券損失額を減少させるために当該デリバティブ取引等を行い、かつ、当該記載をしていたものとみなす。

(2)In the case where a domestic corporation has received, as a result of a qualified organizational restructuring, the transfer of a contract for derivative transactions, etc. that has been conducted so as to decrease the net operating loss on hedged securities from an acquired corporation, etc., and has received, as a result of the qualified organizational restructuring, the transfer of securities not for buying and selling (limited to those with which the net operating loss on hedged securities is to be decreased through the derivative transactions, etc.) (where an acquired corporation, etc. involved in the qualified organizational restructuring subject to the provisions of the preceding paragraph had already settled derivative transactions, etc. that it had conducted so as to decrease the net operating loss on hedged securities prior to the qualified organizational restructuring, in the case where the domestic corporation has received, as a result of the qualified organizational restructuring, the transfer of securities not for buying and selling (limited to those with which the net operating loss on hedged securities is to be decreased through the derivative transactions, etc.) from the acquired corporation, etc.), when the acquired corporation, etc. has stated, in books and documents, to the effect prescribed in the preceding paragraph and has entered other matters as prescribed in the paragraph, regarding the derivative transactions, etc. wherein the contract has been transferred (where the settlement had been made, the derivative transactions, etc. wherein the settlement had been made; hereinafter the same applies in this paragraph), as specified by Ordinance of the Ministry of Finance as prescribed in the paragraph, with regard to the application of the provisions of this Article in each business year after the business year containing the date of the qualified organizational restructuring, it is deemed that the domestic corporation has conducted the derivative transactions and has made the entry so as to decrease the net operating loss on hedged securities pertaining to the securities not for buying and selling that it has received as a result of the qualified organizational restructuring.

３第一項に規定する政令で定めるところにより計算した金額の翌事業年度における処理その他前二項の規定の適用に関し必要な事項は、政令で定める。

(3)The disposition of the amount calculated as specified by Cabinet Order as prescribed in paragraph (1) in the next business year, and other necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.

第六十一条の八内国法人が外貨建取引（外国通貨で支払が行われる資産の販売及び購入、役務の提供、金銭の貸付け及び借入れ、剰余金の配当その他の取引をいう。以下この目において同じ。）を行つた場合には、当該外貨建取引の金額の円換算額（外国通貨で表示された金額を本邦通貨表示の金額に換算した金額をいう。以下この目において同じ。）は、当該外貨建取引を行つた時における外国為替の売買相場により換算した金額とする。

Article 61-8(1)In the case where a domestic corporation has conducted transactions in a foreign currency (meaning the buying and selling of assets, provision of services, lending and borrowing of monies, payments of dividend of surplus or other transactions whose payment is made in a foreign currency; hereinafter the same applies in this Division), the amount in Japanese yen (meaning the amount of that foreign currency converted into Japanese yen; hereinafter the same applies in this Division) of the transactions in a foreign currency is to be the amount converted at the foreign exchange rate as of the time when the transactions in a foreign currency were conducted.

２内国法人が先物外国為替契約等（外貨建取引によつて取得し、又は発生する資産又は負債の金額の円換算額を確定させる契約として財務省令で定めるものをいう。以下この目において同じ。）により外貨建取引（第六十一条第一項（短期売買商品の譲渡損益及び時価評価損益の益金又は損金算入）に規定する短期売買商品又は第六十一条の三第一項第一号（売買目的有価証券の評価益又は評価損の益金又は損金算入等）に規定する売買目的有価証券の取得及び譲渡を除く。次項において同じ。）によつて取得し、又は発生する資産又は負債の金額の円換算額を確定させた場合において、当該先物外国為替契約等の締結の日においてその旨を財務省令で定めるところにより帳簿書類に記載したときは、当該資産又は負債については、当該円換算額をもつて、前項の規定により換算した金額とする。

(2)In the case where a domestic corporation has determined the amount in Japanese yen of the assets or liabilities that have been acquired or have arisen from transactions in a foreign currency (excluding the acquisition and transfer of commodities for short-term trading as prescribed in Article 61, paragraph (1) (Inclusion in Gross Profits or Deductible Expenses of Capital Gains or Losses and Gains or Losses on the Fair Valuation of Commodities for Short-Term Trading) or securities for buying and selling as prescribed in Article 61-3, paragraph (1), item (i) (Inclusion of Valuation Gains or Losses on Securities for Buying and Selling in Gross Profits or Deductible Expenses); the same applies in the following paragraph) under a foreign exchange futures contract, etc. (meaning a contract as specified by Ordinance of the Ministry of Finance to be a contract which determines the amount in Japanese yen of the assets or liabilities to be acquired or which will arise from transactions in a foreign currency; hereinafter the same applies in this Division), when the domestic corporation stated, in books and documents, to the effect, as specified by Ordinance of the Ministry of Finance, as of the day on which the foreign exchange futures contract, etc. was concluded, the amount in Japanese yen of the assets or liabilities is to be the amount converted pursuant to the provisions of the preceding paragraph.

３内国法人が、適格組織再編成により被合併法人等から外貨建取引によつて取得し、又は発生する資産又は負債の金額の円換算額を確定させるために当該被合併法人等が行つた先物外国為替契約等の移転を受け、かつ、当該適格組織再編成により当該外貨建取引（当該先物外国為替契約等によりその金額の円換算額を確定させようとする当該資産又は負債の取得又は発生の基因となるものに限る。）を当該内国法人が行うこととなつた場合において、当該被合併法人等が当該先物外国為替契約等につきその締結の日において前項に規定する旨を同項に規定する財務省令で定めるところにより帳簿書類に記載していたときは、当該適格組織再編成の日の属する事業年度以後の各事業年度におけるこの条の規定の適用については、当該内国法人が当該資産又は負債の金額の円換算額を確定させるために当該先物外国為替契約等を締結し、かつ、当該記載をしていたものとみなす。

(3)In the case where a domestic corporation has received, as a result of a qualified organizational restructuring, the transfer of a foreign exchange futures contract, etc. from an acquired corporation, etc. so as to determine the amount in Japanese yen of the assets or liabilities to be acquired from the acquired corporation, etc. or which will arise from transactions in a foreign currency, and has come to conduct the transactions in a foreign currency (limited to transactions causing the acquisition or occurrence of the assets or liabilities whose amount in Japanese yen is to be determined under the foreign exchange futures contract) as a result of the qualified organizational restructuring, when the acquired corporation, etc. stated, in books and documents, to the effect prescribed in the preceding paragraph, regarding the foreign exchange futures contract, etc., as specified by Ordinance of the Ministry of Finance as prescribed in the paragraph, as of the day on which the contract, etc. was concluded, with regard to the application of the provisions of this Article in each business year after the business year containing the date of the qualified organizational restructuring, it is deemed that the domestic corporation has concluded the foreign exchange futures contract, etc. and has made the entry so as to determine the amount in Japanese yen of the assets or liabilities.

４前三項の規定の適用に関し必要な事項は、政令で定める。

(4)Necessary matters concerning the application of the provisions of the preceding three paragraphs are specified by Cabinet Order.

第六十一条の九内国法人が事業年度終了の時において次に掲げる資産及び負債（以下この目において「外貨建資産等」という。）を有する場合には、その時における当該外貨建資産等の金額の円換算額は、当該外貨建資産等の次の各号に掲げる区分に応じ当該各号に定める方法（第一号、第二号ロ及び第三号に掲げる外貨建資産等にあつては、これらの規定に定める方法のうち当該内国法人が選定した方法とし、当該内国法人がその方法を選定しなかつた場合には、これらの規定に定める方法のうち政令で定める方法とする。）により換算した金額とする。

Article 61-9(1)In the case where a domestic corporation holds the following assets and liabilities (hereinafter referred to as "assets, etc. in a foreign currency" in this Division) as of the end of a business year, the amount in Japanese yen of the assets, etc. in a foreign currency as of the time is to be the amount converted by the method specified in the following items in accordance with the category of the assets, etc. in a foreign currency (with regard to the assets, etc. in a foreign currency listed in item (i), item (ii)(b), and item (iii), by a method that the domestic corporation selected from those prescribed in these provisions, and when the domestic corporation had not selected any method, by a method from those prescribed in these provisions that is specified by Cabinet Order):

２内国法人が事業年度終了の時において外貨建資産等（期末時換算法によりその金額の円換算額への換算をするものに限る。以下この項において同じ。）を有する場合には、当該外貨建資産等の金額を期末時換算法により換算した金額と当該外貨建資産等のその時の帳簿価額との差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、益金の額又は損金の額に算入する。

(2)In the case where a domestic corporation holds assets, etc. in a foreign currency (limited to those whose amount is converted into Japanese yen by the conversion method at the current exchange rate; hereinafter the same applies in this paragraph) as of the end of a business year, the amount equivalent to the difference between the amount of the assets, etc. in a foreign currency that is conversion into Japanese yen by the conversion method at the current exchange rate and their book value as of the time is included in gross profits or deductible expenses, when calculating the amount of income for the business year.

３外国為替の売買相場が著しく変動した場合の外貨建資産等の金額の円換算額への換算、外貨建資産等の金額を円換算額に換算する方法の選定の手続、前項の差額に相当する金額の翌事業年度における処理その他前二項の規定の適用に関し必要な事項は、政令で定める。

(3)The Conversion of the amount of assets, etc. in a foreign currency into Japanese yen in the case where the foreign exchange rates fluctuate significantly, procedures for selecting a method to be used to convert the amount of assets, etc. in a foreign currency into Japanese yen, disposition of the amount equivalent to the difference set forth in the preceding paragraph in the next business year, and other necessary matters concerning the application of the provisions of the preceding two paragraphs are specified by Cabinet Order.

第六十一条の十内国法人が事業年度終了の時において有する外貨建資産等（第六十一条の三第一項第一号（売買目的有価証券の評価益又は評価損の益金又は損金算入等）に規定する売買目的有価証券を除く。第四項までにおいて同じ。）について、その取得又は発生の基因となつた外貨建取引の金額の円換算額への換算に当たつて第六十一条の八第二項（先物外国為替契約等により円換算額を確定させた外貨建取引の換算）の規定の適用を受けたときは、当該外貨建資産等に係る先物外国為替契約等の締結の日（その日が当該外貨建資産等の取得又は発生の基因となつた外貨建取引を行つた日前である場合には、当該外貨建取引を行つた日）の属する事業年度から当該外貨建資産等の決済による本邦通貨の受取又は支払をする日の属する事業年度までの各事業年度の所得の金額の計算上、為替予約差額（当該外貨建資産等の金額を先物外国為替契約等により確定させた円換算額と当該金額を当該外貨建資産等の取得又は発生の基因となつた外貨建取引を行つた時における外国為替の売買相場により換算した金額との差額をいう。）のうち当該各事業年度に配分すべき金額として政令で定めるところにより計算した金額（次項において「為替予約差額配分額」という。）は、益金の額又は損金の額に算入する。

Article 61-10(1)When the provisions of Article 61-8, paragraph (2) (Conversion of Transactions in a Foreign Currency with the Amount in Japanese Yen Determined under a Foreign Exchange Futures Contract) have been applied to assets, etc. in a foreign currency (excluding securities not for buying and selling as prescribed in Article 61-3, paragraph (1), item (i) (Inclusion of Valuation Gains or Losses on Securities for Buying and Selling in Gross Profits or Deductible Expenses); the same applies through to paragraph (4)) that a domestic corporation holds as of the end of a business year, upon converting the amount of transactions in a foreign currency that caused the acquisition or occurrence thereof into Japanese yen, in the calculation of the amount of income for each business year between the business year containing the day on which the foreign exchange futures contract, etc. for the assets, etc. in a foreign currency was concluded (in the case where the day is prior to the date of the transactions in a foreign currency that caused the acquisition or occurrence of the assets, etc. in a foreign currency, containing the day on which the transactions in a foreign currency were conducted) and the business year containing the day on which the Japanese currency is to be received or paid due to the settlement of the assets, etc. in a foreign currency, the portion of the premium or discount on forward exchange contracts (meaning the difference between the amount of the assets, etc. in a foreign currency that is converted into Japanese yen as determined under a foreign exchange futures contract, etc. and their amount converted at the foreign exchange rate as of the time of the transactions in a foreign currency that caused the acquisition or occurrence thereof) that has been calculated, as specified by Cabinet Order, as the amount to be allocated to each of the business years (referred to as the "allocated premium or discount on forward exchange contracts" in the following paragraph) is included in gross profits or deductible expenses.

２内国法人が、適格分社型分割、適格現物出資又は適格事後設立（以下この項及び次項において「適格分社型分割等」という。）により分割承継法人、被現物出資法人又は被事後設立法人（次項において「分割承継法人等」という。）に外貨建資産等（その取得又は発生の基因となつた外貨建取引の金額の円換算額への換算に当たつて第六十一条の八第二項の規定の適用を受けたものに限る。以下この項において同じ。）及び当該外貨建資産等の金額の円換算額を確定させた先物外国為替契約等を移転した場合には、当該適格分社型分割等の日の前日を事業年度終了の日とした場合に前項の規定により計算される為替予約差額配分額に相当する金額は、当該適格分社型分割等の日の属する事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。

(2)In the case where a domestic corporation has transferred, as a result of a qualified company split by spin-off, a qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified company split by spin-off, etc." in this paragraph and the following paragraph), assets, etc. in a foreign currency (limited to those to which the provisions of Article 61-8, paragraph (2) applied upon converting the amount of transactions in a foreign currency that caused the acquisition or occurrence thereof into Japanese yen; hereinafter the same applies in this paragraph) and the foreign exchange futures contract, etc. that determined the amount in Japanese yen of the assets, etc. in a foreign currency to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or transferee corporation (referred to as a "succeeding corporation in a company split, etc." in the following paragraph), the amount equivalent to the allocated premium or discount on forward exchange contracts calculated pursuant to the provisions of the preceding paragraph, when deeming the day preceding the date of the qualified company split by spin-off, etc. to be the last day of a business year, is included in gross profits or deductible expenses, when calculating the amount of income for the business year containing the date of the qualified company split by spin-off, etc.

３外貨建資産等が短期外貨建資産等（当該外貨建資産等のうち、その決済による本邦通貨の受取又は支払の期限が当該事業年度終了の日（当該外貨建資産等が適格分社型分割等により分割承継法人等に移転するものである場合にあつては、当該適格分社型分割等の日の前日）の翌日から一年を経過した日の前日までに到来するものをいう。）である場合には、第一項に規定する為替予約差額は、同項の規定にかかわらず、当該事業年度の所得の金額の計算上、益金の額又は損金の額に算入することができる。

(3)In the case where assets, etc. in a foreign currency are short-term assets, etc. in a foreign currency (meaning the portion of the assets, etc. in a foreign currency for which the due date for the receipt or payment of the Japanese currency due to the settlement thereof falls on a day up to the day preceding the day on which one year has elapsed from the day following the last day of the business year (in the case where the assets, etc. in a foreign currency are to be transferred to a succeeding corporation in a company split, etc. as a result of a qualified company split by spin-off, etc., from the day following the day preceding the qualified company split by spin-off, etc.)), the premium or discount on the forward exchange contracts prescribed in paragraph (1) may be included in gross profits or deductible expenses, when calculating the amount of income for the business year, notwithstanding the provisions of the paragraph.

４内国法人が、適格合併、適格分割、適格現物出資又は適格事後設立（以下この項において「適格組織再編成」という。）により被合併法人、分割法人、現物出資法人又は事後設立法人（以下この項において「被合併法人等」という。）から外貨建資産等（その取得又は発生の基因となつた外貨建取引の金額の円換算額への換算に当たつて当該被合併法人等が第六十一条の八第二項の規定の適用を受けたものに限る。）及び当該外貨建資産等の金額の円換算額を確定させた先物外国為替契約等の移転を受けた場合には、当該適格組織再編成の日の属する事業年度以後の各事業年度におけるこの条の規定の適用については、当該内国法人が当該外貨建資産等の取得又は発生の基因となつた外貨建取引の金額の円換算額への換算に当たつて同項の規定の適用を受けていたものとみなす。

(4)In the case where a domestic corporation has received, as a result of a qualified merger, qualified company split, qualified contribution in kind, or qualified post-formation contribution (hereinafter referred to as a "qualified organizational restructuring" in this paragraph), the transfer of assets, etc. in a foreign currency (limited to those for which an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or transferring corporation (hereinafter referred to as a "acquired corporation, etc." in this paragraph) was subject to the provisions of Article 61-8, paragraph (2) upon converting the amount of transactions in a foreign currency that caused the acquisition or occurrence thereof into Japanese yen) and the foreign exchange futures contract, etc. that determined the amount in Japanese yen of the assets, etc. in a foreign currency from an acquired corporation, etc., with regard to the application of the provisions of this Article in each business year after the business year containing the date of the qualified organizational restructuring, it is deemed that the domestic corporation has been subject to the provisions of the paragraph upon converting the amount of transactions in a foreign currency that caused the acquisition or occurrence of the assets, etc. in a foreign currency into Japanese yen.

５第三項の規定の適用を受けようとする場合の手続その他前各項の規定の適用に関し必要な事項は、政令で定める。

(5)The procedures when intending to seek the application of the provisions of paragraph (3) and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.

第八十一条の六連結法人が各連結事業年度において支出した寄附金の額（次項の規定の適用を受ける寄附金の額を除く。）の合計額のうち、当該連結法人に係る連結親法人の当該連結事業年度終了の時の連結個別資本金等の額又は当該連結事業年度の連結所得の金額を基礎として政令で定めるところにより計算した金額を超える部分の金額は、当該連結法人の各連結事業年度の連結所得の金額の計算上、損金の額に算入しない。

Article 81-6(1)The portion of the sum of the donations made by a consolidated corporation in each consolidated business year (excluding the amount of donations subject to the provisions of the following paragraph) that exceeds the amount of the consolidated individual stated capital of the consolidated parent corporation related to the consolidated corporation as of the end of the consolidated business year or the amount calculated as specified by Cabinet Order based on the consolidated income for the consolidated business year is excluded from deductible expenses, when calculating the amount of consolidated income of the consolidated corporation for each consolidated business year.

２連結法人が各連結事業年度において支出した寄附金の額のうち当該連結法人との間に連結完全支配関係がある他の連結法人に対して支出した寄附金の額があるときは、当該寄附金の額は、当該連結法人の各連結事業年度の連結所得の金額の計算上、損金の額に算入しない。

(2)When the amount of a donation made by a consolidated corporation in each consolidated business year contains any donation to another consolidated corporation that has a consolidated full controlling interest in the consolidated corporation, the amount of the donation is excluded from deductible expenses, when calculating the amount of income of the consolidated corporation for each consolidated business year.

３第一項の場合において、同項に規定する寄附金の額のうちに第三十七条第三項各号（寄附金の損金不算入）に掲げる寄附金の額があるときは、当該寄附金の額の合計額は、第一項に規定する寄附金の額の合計額に算入しない。

(3)In the case referred to in paragraph (1), when the amount of a donation as prescribed in the paragraph contains any donation listed in the items of Article 37, paragraph (3) (Exclusion of Contributions and Donations from Deductible Expenses), the sum of the donations is excluded from the sum of the donations prescribed in paragraph (1).

４第一項の場合において、同項に規定する寄附金の額のうちに第三十七条第四項に規定する寄附金の額があるときは、当該寄附金の額の合計額（当該合計額が第一項の連結法人に係る連結親法人の当該連結事業年度終了の時の連結個別資本金等の額又は当該連結事業年度の連結所得の金額を基礎として政令で定めるところにより計算した金額を超える場合には、当該計算した金額に相当する金額）は、第一項に規定する寄附金の額の合計額に算入しない。

(4)In the case referred to in paragraph (1), when the amount of a donation as prescribed in the paragraph contains any donation as prescribed in Article 37, paragraph (4), the sum of the donations (in the case where the sum exceeds the amount of the consolidated individual stated capital, etc. of the consolidated parent corporation related to the consolidated corporation set forth in paragraph (1) as of the end of the consolidated business year or the amount calculated as specified by Cabinet Order based on the consolidated income for the consolidated business year, the amount equivalent to the calculated amount) is excluded from the sum of the donations prescribed in paragraph (1).

５連結法人が第三十七条第六項に規定する特定公益信託の信託財産とするために支出した金銭の額は、寄附金の額とみなして第一項、前項及び次項の規定を適用する。この場合において、前項中「第三十七条第四項に規定する寄附金の額」とあるのは、「第三十七条第六項の規定により読み替えて適用される同条第四項に規定する寄附金の額」とするほか、この項の規定の適用を受けるための手続に関し必要な事項は、政令で定める。

(5)The amount that a consolidated corporation has spent for the purpose of entrusting as trust property under a specified charitable trust as prescribed in Article 37 is deemed to be the amount of a donation, and the provisions of paragraph (1), the preceding paragraph, and the following paragraph applies. In this case, the term "any donation as prescribed in Article 37, paragraph (4)" in the preceding paragraph is deemed to be replaced with "any donation as prescribed in Article 37, paragraph (4) that is applied by replacing the terms pursuant to the provisions of paragraph (6) of the Article," and other necessary matters concerning procedures for seeking the application of the provisions of this paragraph are specified by Cabinet Order.

６第三十七条第七項から第十項までの規定は、前各項の規定を適用する場合について準用する。この場合において、同条第九項中「書類を保存している」とあるのは、「書類を第三項各号に規定する寄附金の額又は第四項に規定する寄附金の額を支出した各連結法人において保存している」と読み替えるものとする。

(6)The provisions of Article 37, paragraphs (7) through (10) apply mutatis mutandis to the case where the provisions of the preceding paragraphs apply. In this case, the term "are retained" in paragraph (9) of the Article is deemed to be replaced with "are retained by the respective consolidated corporations that have made a donation as prescribed in the items of paragraph (3) or a donation as prescribed in paragraph (4)."

７第一項又は第二項の規定により損金の額に算入されない金額のうち各連結法人に帰せられる金額の計算その他これらの規定の適用に関し必要な事項は、政令で定める。

(7)The calculation of the portion of the amount excluded from deductible expenses under paragraph (1) or paragraph (2) that is to be attributed to each consolidated corporation and other necessary matters concerning the application of the provisions of these paragraphs are specified by Cabinet Order.