Article 14Special Provisions on Business Year

①In the case where any of the facts listed in the following items has occurred, notwithstanding the provisions of paragraph (1) of the preceding Article, the business year of the corporation for which the fact has occurred is to end on the day specified in the relevant item, and the following business year is to commence on the day following that day, except in the case where the fact listed in item (ii) or (v) has occurred:

②In the case where the approval under the provisions of Article 64-9, paragraph (1) (Approval for Group Tax Sharing) has ceased to be effective with regard to a group tax sharing parent corporation pursuant to the provisions of Article 64-10, paragraph (5) or (6) (limited to the part pertaining to item (iii), (iv) or (vii)) (Withdrawal from the Group Tax Sharing System, etc.), notwithstanding the provisions of paragraph (1) of the preceding Article, the business year of the domestic corporation that was the group tax sharing parent corporation is to end on the day before the day on which the approval ceased to be effective, and the following business year is to commence on the day on which it ceased to be effective.

③The business year of a group tax sharing subsidiary corporation that has a group tax sharing full controlling interest with the group tax sharing parent corporation pertaining to the group tax sharing subsidiary corporation at the start of the business year of the group tax sharing parent corporation is to commence on that first day of the business year, and the business year of a group tax sharing subsidiary corporation that has a group tax sharing full controlling interest with the group tax sharing parent corporation pertaining to the group tax sharing subsidiary corporation at the end of the business year of the group tax sharing parent corporation is to end on that last day of the business year.

④In the case where any of the facts listed in the following items has occurred, the business year of the domestic corporation for which the fact has occurred is to end on the day before the day specified in the relevant item, and the following business year is to commence on the day specified in the relevant item, except in the case where the fact listed in item (ii) has occurred due to the dissolution by merger or the determination of residual assets of the domestic corporation referred to in that item:

⑤The business year of a domestic corporation listed in each of the following items is to end on the day before the day specified in the relevant item, and the following business year is to commence on the day specified in the relevant item:

⑥In the case referred to in the preceding paragraph, when a domestic corporation listed in any of the items of that paragraph has not received the approval under the provisions of Article 64-9, paragraph (1), or when a domestic corporation listed in any of the items of the preceding paragraph falls under the category of a corporation listed in paragraph (10), item (i) or paragraph (12), item (i) of that Article, the business year of the domestic corporation commencing on the day specified in the relevant item of the preceding paragraph is to end on the last day of the special application year (in the case where, before that day, the domestic corporation has ceased to have a full controlling interest with the parent corporation referred to in the relevant item due to its dissolution by merger or the determination of residual assets (hereinafter referred to as the "case of dissolution by merger, etc." in this paragraph), the day before the day on which it ceased to have that interest; referred to as the "end date, etc." in the following paragraph), and the following business year is to commence on the day following the last day of the special application year, except in the case of dissolution by merger, etc.

⑦The provisions of paragraph (1) of the preceding Article and paragraph (1) of this Article do not apply with regard to the period during which a domestic corporation falls under the category of a group tax sharing subsidiary corporation (including the period from the day specified in each item of paragraph (5) for the domestic corporation listed in the relevant item to the end date, etc.).

⑧In the case where a domestic corporation has come to have, with a group tax sharing parent corporation, a full controlling interest held by the group tax sharing parent corporation, or has come to have, with a parent corporation, a full controlling interest held by the parent corporation within the period of the special application year of the parent corporation, when the group tax sharing parent corporation or parent corporation (referred to as the "group tax sharing parent corporation, etc." in item (i)) has submitted to the competent district director with jurisdiction over the place for tax payment, by the due date for filing a return under the provisions of Article 74, paragraph (1) (Final Returns) for the business year that would include the day before the date of joining (meaning the day on which the domestic corporation came to have such full controlling interest; the same applies in item (i)) if the provisions of this paragraph were not applied to the domestic corporation, a document stating that it is to receive the application of the provisions of this paragraph, the period listed in (a) or (b) of that item and other matters specified by Ministry of Finance Order, the provisions of paragraph (4) (limited to the part pertaining to item (i)), paragraph (5) (limited to the part pertaining to item (ii)) and the preceding two paragraphs apply as prescribed in the following items for the category of cases listed in each of those items: