Article 41-2Exclusion of the Amount Equivalent to the Foreign Tax Adjusted at Distribution from Deductible Expenses
第四十一条の二（分配時調整外国税相当額の損金不算入）
In the case where a domestic corporation seeks the application of the provisions of Article 69-2, paragraph (1) (Credit for Amount Equivalent to the Foreign Tax Adjusted at Distribution) with regard to the amount equivalent to the foreign tax adjusted at distribution prescribed in that paragraph pertaining to the amount of income tax on the distribution of proceeds of a group investment trust of which it receives payment, the amount equivalent to the foreign tax adjusted at distribution pertaining to the amount of income tax on the distribution of proceeds of which it receives payment is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.
内国法人が支払を受ける集団投資信託の収益の分配に係る所得税の額に係る第六十九条の二第一項（分配時調整外国税相当額の控除）に規定する分配時調整外国税相当額につき同項の規定の適用を受ける場合には、その支払を受ける収益の分配に係る所得税の額に係る当該分配時調整外国税相当額は、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。