Section 7-3 Calculation of Amounts of Income Pertaining to Trusts
第七節の三 信託に係る所得の金額の計算
第百九十七条の三
The amount specified by Cabinet Order as prescribed in Article 67-3, paragraph (1) (Calculation of Amounts of Income Pertaining to Trusts) of the Act is to be the amount equivalent to the book value of the assets and liabilities belonging to the trust property referred to in that paragraph of the trust corporation prescribed in that paragraph, immediately before the time when the Trust Subject to Corporate Taxation referred to in that paragraph ceases to fall under the trust listed in Article 2, item (xxix)-2, (b) (Definitions) of the Corporation Tax Act.
法第六十七条の三第一項（信託に係る所得の金額の計算）に規定する政令で定める金額は、同項の法人課税信託が法人税法第二条第二十九号の二ロ（定義）に掲げる信託に該当しないこととなつた時の直前における同項に規定する受託法人の同項の信託財産に属する資産及び負債の帳簿価額に相当する金額とする。
The shares specified by Cabinet Order as prescribed in Article 67-3, paragraph (4), item (ii) of the Act are the specified restricted shares prescribed in Article 84, paragraph (1) (Value, etc. of Restricted Shares).
法第六十七条の三第四項第二号に規定する政令で定める株式は、第八十四条第一項（譲渡制限付株式の価額等）に規定する特定譲渡制限付株式とする。
The individuals who have a special relationship specified by Cabinet Order as prescribed in Article 67-3, paragraph (4), item (iii) of the Act are the following persons:
法第六十七条の三第四項第三号に規定する政令で定める特殊の関係のある個人は、次に掲げる者とする。
a relative of the officers or similar persons prescribed in Article 67-3, paragraph (4), item (iii) of the Act (hereinafter in this paragraph and in item (i) of the following paragraph referred to as "officers or similar persons");
法第六十七条の三第四項第三号に規定する役員等（以下この項及び次項第一号において「役員等」という。）の親族
a person who has not filed a notification of marriage with the officers or similar persons but is in circumstances equivalent to a de facto marital relationship with them;
役員等と婚姻の届出をしていないが事実上婚姻関係と同様の事情にある者
an employee of the officers or similar persons;
役員等の使用人
a person other than those set out in the preceding three items who maintains a livelihood by means of money or other assets received from the officers or similar persons; or
a relative of the persons set out in the preceding three items who shares the same livelihood with those persons.
前三号に掲げる者と生計を一にするこれらの者の親族
The corporations that have a special relationship specified by Cabinet Order as prescribed in Article 67-3, paragraph (4), item (iii) of the Act are the following corporations:
法第六十七条の三第四項第三号に規定する政令で定める特殊の関係のある法人は、次に掲げる法人とする。
a corporation in the case where officers or similar persons (including individuals who have a special relationship prescribed in the preceding paragraph with them; hereinafter in this paragraph referred to as "covered officers, etc.") control that corporation;
another corporation in the case where covered officers, etc. and a corporation that has a special relationship prescribed in the preceding item with them control that other corporation; or
another corporation in the case where covered officers, etc. and a corporation that has a special relationship prescribed in the preceding two items with them control that other corporation.
The provisions of Article 4, paragraph (3) (Scope of Related Persons of a Family Company) of the Order for the Enforcement of the Corporation Tax Act apply mutatis mutandis to the case of controlling the corporation prescribed in item (i) of the preceding paragraph and the case of controlling the other corporation prescribed in item (ii) or (iii) of that paragraph.
Where a Resident referred to in Article 67-3, paragraph (1) of the Act is deemed to have taken over assets and liabilities pursuant to the provisions of that paragraph, the Resident's amounts of Income in Each Class for each year are to be calculated by deeming the assets belonging to the trust property referred to in that paragraph to have been acquired at the amount equivalent to the book value prescribed in paragraph (1) immediately before the time of ceasing to fall under the trust as prescribed in that paragraph. In this case, the day on which the trust corporation prescribed in that paragraph of the Trust Subject to Corporate Taxation referred to in paragraph (1) of that Article acquired those assets is deemed to be the day on which the Resident acquired those assets.
Where a Resident referred to in Article 67-3, paragraph (1) of the Act is deemed to have taken over assets and liabilities pursuant to the provisions of that paragraph, the amount of any loss arising from that takeover is deemed not to have arisen in calculating the Resident's amounts of Income in Each Class for each year.
法第六十七条の三第一項の居住者が同項の規定により資産及び負債の引継ぎを受けたものとされた場合におけるその引継ぎにより生じた損失の額は、当該居住者の各年分の各種所得の金額の計算上、生じなかつたものとする。
The amount of profit prescribed in Article 67-3, paragraph (2) of the Act is to be the amount equivalent to the portion by which the total book value, prescribed in paragraph (1), of the assets prescribed in that paragraph exceeds the total book value, prescribed in that paragraph, of the liabilities prescribed in that paragraph, and the amount of loss prescribed in the preceding paragraph is to be the amount equivalent to the portion by which the total book value of those assets falls short of the total book value of those liabilities.
The following apply to the application of Article 67-3, paragraphs (5) through (8) of the Act where the right relating to a trust prescribed in paragraph (5) of that Article is not the whole of the rights relating to that trust.
法第六十七条の三第五項に規定する信託に関する権利が当該信託に関する権利の全部でない場合における同項から同条第八項までの規定の適用については、次に定めるところによる。
if there is one beneficiary, etc. of that trust (meaning the beneficiary or deemed beneficiary prescribed in Article 67-3, paragraph (9) of the Act; the same applies hereinafter in this paragraph), that beneficiary, etc. is deemed to hold the whole of the rights relating to that trust.
当該信託についての受益者等（法第六十七条の三第九項に規定する受益者等をいう。以下この項において同じ。）が一である場合には、当該信託に関する権利の全部を当該受益者等が有するものとみなす。
if there are two or more beneficiaries, etc. of that trust, each beneficiary, etc. is deemed to hold the whole of the rights relating to that trust in accordance with the content of the rights that the beneficiary, etc. holds.
当該信託についての受益者等が二以上ある場合には、当該信託に関する権利の全部をそれぞれの受益者等がその有する権利の内容に応じて有するものとみなす。
officers or similar personsmachine translation
「役員等」
In Article 197-3, paragraph (3) and paragraph (4), item (i), the officers, employees or shareholders of the corporation that issued specified shares (特定株式), as Article 67-3, paragraph (4), item (iii) of the Income Tax Act defines them.
Short name set inArticle 197-3, paragraph (3), item (i)· applies only in this paragraph and in Article 197-3, paragraph (4), item (i)
covered officers, etc.machine translation
「対象役員等」
In Article 197-3, paragraph (4), the officers, employees or shareholders of the corporation issuing specified shares (特定株式) referred to in Article 67-3, paragraph (4), item (iii) of the Income Tax Act, together with the individuals specially related to them that paragraph (3) lists; a corporation they control, and corporations controlled through it, count as specially related corporations.
Short name set inArticle 197-3, paragraph (4), item (i)· applies only in this paragraph
beneficiary, etc.machine translation
「受益者等」
A beneficiary of a trust under Article 13, paragraph (1) of the Income Tax Act, including a person treated as one under Article 13, paragraph (2) of that Act, as Article 67-3, paragraph (9) of that Act defines it.
Defined inArticle 197-3, paragraph (9), item (i)· applies only in this paragraph