Article 165-5-3Credit for Amount Equivalent to Foreign Tax Adjusted at Distribution for Nonresidents
第百六十五条の五の三（非居住者に係る分配時調整外国税相当額の控除）
If a Nonresident with a permanent establishment is paid a distribution of proceeds from a group Investment Trust as prescribed in Article 176, paragraph (3) (Special Provisions on Taxation of Interest and Similar Income from Trust Property) in any year (limited to where the Nonresident is paid a distribution that falls under income attributable to a permanent establishment), the amount equivalent to the amount prescribed by Cabinet Order as the part corresponding to the distribution of proceeds that the Nonresident is paid, out of the amount of foreign tax adjusted at distribution related to that distribution of proceeds (meaning a tax prescribed by Cabinet Order which is equivalent to income tax imposed pursuant to foreign laws or orders as prescribed in that paragraph) which has been credited against the income tax on that distribution of proceeds pursuant to that paragraph or Article 180-2, paragraph (3) (Special Provisions on Taxation of Interest and Similar Income from Trust Property) (referred to as the "amount equivalent to the foreign tax adjusted at distribution" in the following paragraph), is credited against the income tax for that year, up to the maximum credit (meaning the amount prescribed by Cabinet Order as the amount equivalent to the income tax for that year calculated in accordance with the provisions of Article 89 through Article 92 (Tax Rates and Dividend Tax Credits) pursuant to Article 165, paragraph (1) (Calculation of the Tax Base and Amount of Income Taxes Imposed on Aggregate Income) with regard to the income related to income attributable to a permanent establishment).
恒久的施設を有する非居住者が各年において第百七十六条第三項（信託財産に係る利子等の課税の特例）に規定する集団投資信託の収益の分配の支払を受ける場合（恒久的施設帰属所得に該当するものの支払を受ける場合に限る。）には、当該収益の分配に係る分配時調整外国税（同項に規定する外国の法令により課される所得税に相当する税で政令で定めるものをいう。）の額で同項又は第百八十条の二第三項（信託財産に係る利子等の課税の特例）の規定により当該収益の分配に係る所得税の額から控除された金額のうち当該非居住者が支払を受ける収益の分配に対応する部分の金額として政令で定める金額に相当する金額（次項において「分配時調整外国税相当額」という。）は、控除限度額（恒久的施設帰属所得に係る所得の金額につき第百六十五条第一項（総合課税に係る所得税の課税標準、税額等の計算）の規定により第八十九条から第九十二条まで（税率及び配当控除）の規定に準じて計算したその年分の所得税の額に相当する金額として政令で定める金額をいう。）を限度として、その年分の所得税の額から控除する。
The provisions of Article 93, paragraph (2) (Credit for the Amount Equivalent to Foreign Tax Adjusted at the Time of Distribution) apply mutatis mutandis where a credit is made under the preceding paragraph with regard to the amount equivalent to the foreign tax adjusted at distribution.
第九十三条第二項（分配時調整外国税相当額控除）の規定は、分配時調整外国税相当額につき前項の規定による控除をする場合について準用する。
The amount to be credited pursuant to paragraph (1) is credited against the income tax on taxable total income, the income tax on taxable timber income, and the income tax on taxable retirement income calculated in accordance with Article 165, paragraph (1), in that order. In such a case, if the amount to be credited exceeds the income tax for the year, the amount to be credited is the amount equivalent to that income tax.
Beyond what is prescribed in the preceding two paragraphs, Cabinet Order provides for the necessary particulars concerning the application of the provisions of paragraph (1).