Article 42-2Documents on External Transactions Attributed to Foreign Offices or Similar Establishments
第四十二条の二（国外事業所等帰属外部取引に関する書類）
The documents specified by Ministry of Finance Order as prescribed in Article 95, paragraph (12) (Foreign Tax Credit) of the Act are to be the following:
法第九十五条第十二項（外国税額控除）に規定する財務省令で定める書類は、次に掲げる書類とする。
a document stating the content of the transactions attributable to a foreign office or similar establishment (meaning the foreign office or similar establishment prescribed in Article 95, paragraph (4), item (i) of the Act; the same applies in this Article and the following Article) of a Resident prescribed in Article 95, paragraph (12) of the Act (hereinafter referred to as an "external transaction attributed to a foreign office or similar establishment" in this Article);
法第九十五条第十二項に規定する居住者の国外事業所等（同条第四項第一号に規定する国外事業所等をいう。以下この条及び次条において同じ。）に帰せられる取引（以下この条において「国外事業所等帰属外部取引」という。）の内容を記載した書類
a document stating the details of the assets used in an external transaction attributed to a foreign office or similar establishment by the foreign office or similar establishment and the place of business or similar place (meaning the place of business or similar place prescribed in Article 95, paragraph (4), item (i) of the Act; the same applies in this Article and the following Article) of a Resident referred to in Article 95, paragraph (12) of the Act, and the details of the liabilities pertaining to that external transaction attributed to a foreign office or similar establishment;
法第九十五条第十二項の居住者の国外事業所等及び事業場等（同条第四項第一号に規定する事業場等をいう。以下この条及び次条において同じ。）が国外事業所等帰属外部取引において使用した資産の明細並びに当該国外事業所等帰属外部取引に係る負債の明細を記載した書類
a document stating matters concerning the functions (meaning human functions relating to the assumption and management of risk (meaning the possibility of an increase or decrease in profit or loss pertaining to the external transaction attributed to a foreign office or similar establishment due to fluctuations in exchange rates, fluctuations in market interest rates, changes in economic conditions or other factors; the same applies hereinafter in this item), human functions relating to the attribution of assets, and other functions; the same applies in the following item) that the foreign office or similar establishment and the place of business or similar place of a Resident referred to in Article 95, paragraph (12) of the Act perform in the external transaction attributed to a foreign office or similar establishment, and the risk related to those functions;
法第九十五条第十二項の居住者の国外事業所等及び事業場等が国外事業所等帰属外部取引において果たす機能（リスク（為替相場の変動、市場金利の変動、経済事情の変化その他の要因による当該国外事業所等帰属外部取引に係る利益又は損失の増加又は減少の生ずるおそれをいう。以下この号において同じ。）の引受け及び管理に関する人的機能、資産の帰属に係る人的機能その他の機能をいう。次号において同じ。）並びに当該機能に関連するリスクに係る事項を記載した書類
a document stating the departments related to the functions performed in the external transaction attributed to a foreign office or similar establishment by the foreign office or similar establishment and the place of business or similar place of a Resident referred to in Article 95, paragraph (12) of the Act, and the content of the business of those departments.
法第九十五条第十二項の居住者の国外事業所等及び事業場等が国外事業所等帰属外部取引において果たした機能に関連する部門並びに当該部門の業務の内容を記載した書類
Read this with the articles around it
foreign tax creditmachine translation
「外国税額控除」
Throughout this Ministerial Order (省令), the foreign tax credit provided for in Part II, Chapter III, Section 2 (tax credits) of the Income Tax Act.
Defined inArticle 1, paragraph (3)
foreign office or similar establishmentmachine translation
「国外事業所等」
In Articles 42-2 and 42-3, a resident's foreign office or similar establishment as Article 95, paragraph (4), item (i) of the Income Tax Act defines it: something abroad corresponding to a permanent establishment (恒久的施設), or something else of a kind a Cabinet Order (政令) specifies.
Defined inArticle 42-2, paragraph (1), item (i)· applies only in this article and in Article 42-3
external transaction attributed to a foreign office or similar establishmentmachine translation
「国外事業所等帰属外部取引」
In Article 42-2, a transaction attributed to the foreign office or similar establishment (国外事業所等) of a resident to whom Article 95, paragraph (12) of the Income Tax Act applies.
Short name set inArticle 42-2, paragraph (1), item (i)· applies only in this article
place of business or similar placemachine translation
「事業場等」
In Articles 42-2 and 42-3, a place of business of a resident, or something similar of a kind a Cabinet Order (政令) specifies, other than the resident's foreign office or similar establishment (国外事業所等), as Article 95, paragraph (4), item (i) of the Income Tax Act defines it.
Defined inArticle 42-2, paragraph (1), item (ii)· applies only in this article and in Article 42-3
riskmachine translation
「リスク」
The possibility that the profit or loss on the transactions or internal dealings (内部取引) concerned increases or decreases because of changes in exchange rates, market interest rates or economic conditions, or other factors.
Defined inArticle 42-2, paragraph (1), item (iii)· applies only in this item
functionmachine translation
「機能」
The functions the offices concerned perform in the transaction being described: personnel functions for assuming and managing risk (the possibility of gains or losses from changes in exchange rates, market interest rates, economic conditions or other factors), personnel functions concerning to which office assets belong, and other functions.
Defined inArticle 42-2, paragraph (1), item (iii)· applies only in this provision and in Article 42-2, paragraph (1), item (iv)