Article 113-2Acquisition Price of Shares, etc. Acquired Through a Share Distribution
第百十三条の二（株式分配により取得した株式等の取得価額）
In the case where a Resident, with regard to shares held by that Resident (hereinafter in this paragraph referred to as "shares held"), acquires shares in a wholly owned subsidiary corporation through a share distribution prescribed in Article 24, paragraph (1) (Dividend Income) of the Act carried out by the corporation that issued the shares held (limited to a share distribution in which no assets other than shares in a wholly owned subsidiary corporation prescribed in Article 2, item (xii)-15-2 (Definitions) of the Corporation Tax Act (hereinafter in this paragraph through paragraph (3) referred to as "wholly owned subsidiary corporation") are delivered; the same applies hereinafter in this paragraph), for the calculation of the assessed value of shares in the wholly owned subsidiary corporation under Article 105, paragraph (1) (Methods of Valuing Securities) in each year on or after the year that includes the date of that share distribution, the acquisition price per share of the acquired shares in the wholly owned subsidiary corporation (hereinafter in this paragraph referred to as "wholly owned subsidiary shares") that serves as the basis of that calculation is the amount calculated by dividing the amount calculated by multiplying the previous acquisition price of one of the shares held by the ratio prescribed in Article 61, paragraph (2), item (iii) (Method of Calculating the Amount of Stated Capital, etc. Corresponding to Shares Held) pertaining to that share distribution by the number of wholly owned subsidiary shares acquired for one of the shares held (where there is an amount deemed to have been received as a dividend of surplus or dividend of profits pursuant to Article 25, paragraph (1), item (iii) (Deemed Dividends in the Case of a Share Distribution) of the Act, or an amount of expenses required for the acquisition of those wholly owned subsidiary shares, the amount obtained by adding the portion of the amount deemed to have been received and the amount of expenses that corresponds to one wholly owned subsidiary share).
居住者が、その有する株式（以下この項において「所有株式」という。）について、その所有株式を発行した法人の行つた法第二十四条第一項（配当所得）に規定する株式分配（法人税法第二条第十二号の十五の二（定義）に規定する完全子法人（以下第三項までにおいて「完全子法人」という。）の株式以外の資産が交付されなかつたものに限る。以下この項において同じ。）によりその完全子法人の株式を取得した場合には、その株式分配のあつた日の属する年以後の各年における第百五条第一項（有価証券の評価の方法）の規定による完全子法人の株式の評価額の計算については、その計算の基礎となるその取得した完全子法人の株式（以下この項において「完全子法人株式」という。）の一株当たりの取得価額は、所有株式一株の従前の取得価額に当該株式分配に係る第六十一条第二項第三号（所有株式に対応する資本金等の額の計算方法等）に規定する割合を乗じて計算した金額を所有株式一株について取得した完全子法人株式の数で除して計算した金額（法第二十五条第一項第三号（株式分配の場合のみなし配当）の規定により剰余金の配当若しくは利益の配当として交付を受けたものとみなされる金額又はその完全子法人株式の取得のために要した費用の額がある場合には、当該交付を受けたものとみなされる金額及び費用の額のうち完全子法人株式一株に対応する部分の金額を加算した金額）とする。
In the case where a Resident receives shares in a wholly owned subsidiary corporation or other assets through a share distribution prescribed in Article 24, paragraph (1) of the Act carried out by the corporation that issued shares held by the Resident (hereinafter in this paragraph referred to as "shares held"), for the calculation of the assessed value of the shares held under Article 105, paragraph (1) in each year on or after the year that includes the date of that share distribution, the acquisition price per share of the shares held that serves as the basis of that calculation is the amount obtained by deducting, from the previous acquisition price of one of the shares held, the amount calculated by multiplying the previous acquisition price of one of the shares held by the ratio prescribed in Article 61, paragraph (2), item (iii) pertaining to that share distribution, and the shares held are deemed to have been acquired on that date.
居住者の有する株式（以下この項において「所有株式」という。）を発行した法人の行つた法第二十四条第一項に規定する株式分配によりその居住者が完全子法人の株式その他の資産の交付を受けた場合には、その株式分配のあつた日の属する年以後の各年における第百五条第一項の規定による所有株式の評価額の計算については、その計算の基礎となる所有株式一株当たりの取得価額は、所有株式一株の従前の取得価額から所有株式一株の従前の取得価額に当該株式分配に係る第六十一条第二項第三号に規定する割合を乗じて計算した金額を控除した金額とし、かつ、その所有株式は、同日において取得されたものとみなす。
Where shares in the wholly owned subsidiary corporation pertaining to a share distribution prescribed in paragraph (1) are not delivered in proportion to the ratio of the number or amount of shares in the corporation making a distribution in kind held by each Shareholder, Member, or Other Investor of the corporation making a distribution in kind prescribed in Article 61, paragraph (6), item (xii) pertaining to that share distribution to the total number or total amount of the issued shares, etc. of that corporation making a distribution in kind, that share distribution is not to be regarded as falling under a share distribution prescribed in paragraph (1).
A corporation that issued the shares held prescribed in paragraph (2) must, where it has carried out a share distribution prescribed in Article 24, paragraph (1) of the Act, notify the individual who held those shares held of the ratio prescribed in paragraph (2) pertaining to that share distribution.
Read this with the articles around it
corporation making a distribution in kindmachine translation
「現物分配法人」
A corporation that has transferred its assets by a distribution in kind (現物分配) — its giving of assets other than money to its shareholders, etc. on one of the grounds Article 2, item (xii)-5-2 of the Corporation Tax Act lists — as that item defines it.
Defined inArticle 61, paragraph (6), item (xii)· applies only in this article
issued shares, etc.machine translation
「発行済株式等」
The issued shares or capital contributions of a corporation, not counting its own shares that it holds.
Short name set inArticle 112, paragraph (1)· applies only in this provision and in Article 113, paragraphs (1) and (4); and Article 113-2, paragraph (3)
wholly owned subsidiary corporationmachine translation
「完全子法人」
In Article 113-2, paragraphs (1) to (3), a wholly owned subsidiary corporation as defined in Article 2, item (xii)-15-2 of the Corporation Tax Act: a corporation all of whose issued shares the corporation making a share distribution (株式分配) held immediately before it, and all of which that distribution passes to its shareholders.
Short name set inArticle 113-2, paragraph (1)· applies only in this provision and in Article 113-2, paragraphs (2) and (3)
wholly owned subsidiary sharesmachine translation
「完全子法人株式」
The shares of a wholly owned subsidiary corporation (完全子法人) that a shareholder receives in a share distribution (株式分配) in which nothing but such shares is delivered, as Article 113-2, paragraph (1) defines them; their acquisition price per share is worked out from that of the shares the shareholder held.
Short name set inArticle 113-2, paragraph (1)· applies only in this paragraph
shares heldmachine translation
「所有株式」
In Article 113-2, paragraph (1), shares a resident holds in a corporation that makes a share distribution (株式分配) in which only shares of its wholly owned subsidiary corporation (完全子法人) are delivered, from whose acquisition price the paragraph works out the acquisition price per share of the subsidiary's shares the resident acquires.
Short name set inArticle 113-2, paragraph (1)· applies only in this paragraph
shares heldmachine translation
「所有株式」
In Article 113-2, paragraph (2), shares a resident holds in a corporation that makes a share distribution (株式分配) through which the resident receives shares of its wholly owned subsidiary corporation (完全子法人) or other assets, whose acquisition price per share the paragraph reduces by the proportion set in Article 61, paragraph (2), item (iii).
Short name set inArticle 113-2, paragraph (2)· applies only in this paragraph