Supplementary Provisions, Article 16Transitional Measures Concerning Exclusion of Refunds of Foreign Taxes from Gross Profits
第十六条（外国税額の還付金の益金不算入に関する経過措置）
The provisions of Article 26, paragraph (2) of the New Corporation Tax Act apply to the amount specified by Cabinet Order as the portion of the reduced amount by which the creditable amount of the foreign country's corporate tax prescribed in that paragraph has been reduced, in the case where, after the provisions of Article 69, paragraphs (1) through (3) of the New Corporation Tax Act were applied, the amount of the foreign country's corporate tax prescribed in Article 26, paragraph (2) of the New Corporation Tax Act has been reduced; and with regard to the reduced portion in the case where, after the provisions of Article 69, paragraphs (1) through (3) of the Corporation Tax Act prior to the amendment by Article 2 (hereinafter referred to as the "Former Corporation Tax Act") were applied, the amount of the foreign country's corporate tax prescribed in Article 26, paragraph (2) of the Former Corporation Tax Act has been reduced, the provisions then in force continue to govern.
新法人税法第二十六条第二項の規定は、新法人税法第六十九条第一項から第三項までの規定の適用を受けた後に新法人税法第二十六条第二項に規定する外国法人税の額が減額された場合におけるその減額された金額のうち同項に規定する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について適用し、第二条の規定による改正前の法人税法（以下「旧法人税法」という。）第六十九条第一項から第三項までの規定の適用を受けた後に旧法人税法第二十六条第二項に規定する外国法人税の額が減額された場合におけるその減額された部分については、なお従前の例による。