If monies or any other assets are issued to a Shareholder, Member, or Other Investor in a corporation (other than a corporation in the public interest, etc. as prescribed in Article 2, item (vi) (Definitions) of the Corporation Tax Act or an Association or Foundation without Legal Personality; hereinafter the same applies in this paragraph) due to any of the following circumstances involving the corporation, and the sum total of the monies and the value of assets other than monies (or, for assets relating to a qualified distribution in kind as prescribed in item (xii)-15 of that Article, the amount equivalent to the book value of those assets of the corporation immediately before the issuance) exceeds the part of the corporation's amount of stated capital, etc. as prescribed in item (xvi) of that Article which comes from the shares in or capital contributions to the corporation upon which the issuance of the monies and assets is founded, for the purpose of applying the provisions of this Act, the part of the monies or other assets in excess is deemed to be a dividend of surplus, dividend of profits, distribution of surplus, or distribution of monies as prescribed in paragraph (1) of the preceding Article:
法人（法人税法第二条第六号（定義）に規定する公益法人等及び人格のない社団等を除く。以下この項において同じ。）の株主等が当該法人の次に掲げる事由により金銭その他の資産の交付を受けた場合において、その金銭の額及び金銭以外の資産の価額（同条第十二号の十五に規定する適格現物分配に係る資産にあつては、当該法人のその交付の直前の当該資産の帳簿価額に相当する金額）の合計額が当該法人の同条第十六号に規定する資本金等の額のうちその交付の基因となつた当該法人の株式又は出資に対応する部分の金額を超えるときは、この法律の規定の適用については、その超える部分の金額に係る金銭その他の資産は、前条第一項に規定する剰余金の配当、利益の配当、剰余金の分配又は金銭の分配とみなす。
the merger of the corporation (this includes a merger of trusts which involves a Trust Subject to Corporate Taxation but excludes a qualified merger as prescribed in Article 2, item (xii)-8 of the Corporation Tax Act);
当該法人の合併（法人課税信託に係る信託の併合を含むものとし、法人税法第二条第十二号の八に規定する適格合併を除く。）
a split-off from the corporation (other than a qualified company split by split-off as prescribed in Article 2, item (xii)-12 of the Corporation Tax Act);
当該法人の分割型分割（法人税法第二条第十二号の十二に規定する適格分割型分割を除く。）
a share distribution by the corporation (other than a qualified share distribution as prescribed in Article 2, item (xii)-15-3 of the Corporation Tax Act);
当該法人の株式分配（法人税法第二条第十二号の十五の三に規定する適格株式分配を除く。）
redemption of the corporation's stated capital (meaning the issuance of dividends of surplus in connection with shares (but only if this causes a decrease in capital surplus) other than due to a company split by split-off or a share distribution, and a distribution that reduces contributions) or the distribution of residual assets due to the dissolution of the corporation;
the corporation's acquisition of treasury shares or capital contributions to itself (other than acquisition through a purchase on a market operated by a financial instruments exchange as prescribed in Article 2, paragraph (16) (Definitions) of the Financial Instruments and Exchange Act or any other type of acquisition which is provided for by Cabinet Order, and other than acquisition of shares or capital contributions set forth in Article 57-4, paragraph (3), item (i) through (iii) (Special Provisions on Capital Gains Due to Share Exchange) in a case falling under the category of case prescribed in that paragraph);
当該法人の自己の株式又は出資の取得（金融商品取引法第二条第十六項（定義）に規定する金融商品取引所の開設する市場における購入による取得その他の政令で定める取得及び第五十七条の四第三項第一号から第三号まで（株式交換等に係る譲渡所得等の特例）に掲げる株式又は出資の同項に規定する場合に該当する場合における取得を除く。）
cancellation of capital contributions to the corporation (other than the cancellation of acquired capital contributions), refunding of capital contributions to the corporation, refunding of equity due to a member's or other contributor's withdrawal from the corporation, or extinguishment of shares in or capital contributions to the corporation without the corporation's acquiring them;
当該法人の出資の消却（取得した出資について行うものを除く。）、当該法人の出資の払戻し、当該法人からの社員その他の出資者の退社若しくは脱退による持分の払戻し又は当該法人の株式若しくは出資を当該法人が取得することなく消滅させること。
entity conversion by the corporation (but only one on the occasion of which assets other than shares in or capital contributions to the corporation undergoing the entity conversion are issued).
当該法人の組織変更（当該組織変更に際して当該組織変更をした当該法人の株式又は出資以外の資産を交付したものに限る。）
Even if an acquiring corporation (meaning an acquiring corporation as prescribed in Article 2, item (xii) of the Corporation Tax Act; hereinafter the same applies in this paragraph) or a splitting corporation (meaning a splitting corporation as prescribed in item (xii)-2 of that Article; hereinafter the same applies in this paragraph) has not issued shares (including capital contributions; hereinafter the same applies in this paragraph) or other assets through a merger or company split by split-off to any Shareholder, Member, or Other Investor of the merged corporation (meaning a merged corporation as prescribed in item (xi) of that Article) or to any Shareholder, Member, or Other Investor of the splitting corporation, if the merger or company split by split-off falls under a merger or company split by split-off specified by Cabinet Order as one in which the issuance of shares of the acquiring corporation or the successor corporation in a company split (meaning a successor corporation in a company split as prescribed in item (xii)-3 of that Article; hereinafter the same applies in this paragraph) is found to have been omitted, the provisions of the preceding paragraph apply by deeming, pursuant to Cabinet Order, each such Shareholder, Member, or Other Investor to have been issued shares of the acquiring corporation or successor corporation in a company split.
合併法人（法人税法第二条第十二号に規定する合併法人をいう。以下この項において同じ。）又は分割法人（同条第十二号の二に規定する分割法人をいう。以下この項において同じ。）が被合併法人（同条第十一号に規定する被合併法人をいう。）の株主等又は当該分割法人の株主等に対し合併又は分割型分割により株式（出資を含む。以下この項において同じ。）その他の資産の交付をしなかつた場合においても、当該合併又は分割型分割が合併法人又は分割承継法人（同条第十二号の三に規定する分割承継法人をいう。以下この項において同じ。）の株式の交付が省略されたと認められる合併又は分割型分割として政令で定めるものに該当するときは、政令で定めるところによりこれらの株主等が当該合併法人又は分割承継法人の株式の交付を受けたものとみなして、前項の規定を適用する。
Cabinet Order prescribes the way of calculating the amount of stated capital, etc. coming from shares and capital contributions as prescribed in paragraph (1) and provides for other necessary particulars concerning the application of the provisions of the preceding two paragraphs.
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(Dividend Income)
Dividend income means income from dividends of surplus (these are limited to dividends from shares or capital contributions (including any beneficial interest in a Bond-Based Investment Trust other…
配当所得とは、法人（法人税法第二条第六号（定義）に規定する公益法人等及び人格のない社団等を除く。）から受ける剰余金の配当（株式又は出資（公募公社債等運用投資信託以外の公社債等運用投資信託の受益権及び社債的受益権を含む。次条において同じ。）に係るものに限るものとし、資本剰余金の額の減少に伴うもの並びに分割型分割（同法第…
Open this provision(Amounts Deemed to Constitute Dividends)
If monies or any other assets are issued to a Shareholder, Member, or Other Investor in a corporation (other than a corporation in the public interest, etc. as prescribed in Article 2, item (vi)…
法人（法人税法第二条第六号（定義）に規定する公益法人等及び人格のない社団等を除く。以下この項において同じ。）の株主等が当該法人の次に掲げる事由により金銭その他の資産の交付を受けた場合において…
Open this provision(Amounts Deemed to Constitute Dividends)
Even if an acquiring corporation (meaning an acquiring corporation as prescribed in Article 2, item (xii) of the Corporation Tax Act; hereinafter the same applies in this paragraph) or a splitting…
合併法人（法人税法第二条第十二号に規定する合併法人をいう。以下この項において同じ。）又は分割法人（同条第十二号の二に規定する分割法人をいう。以下この項において同じ。）が被合併法人（同条第十一号に規定する被合併法人をいう。）の株主等又は当該分割法人の株主等に対し合併又は分割型分割により株式（出資を含む。以下この項におい…
Open this provision(Special Provisions on Capital Gains Due to Share Exchange)
If, in any year, a Resident transfers Securities as set forth in one of the following items due to the cause prescribed in the item, and is issued shares…
居住者が、各年において、その有する次の各号に掲げる有価証券を当該各号に定める事由により譲渡をし、かつ、当該事由により当該各号に規定する取得をする法人の株式（出資を含む。以下この項において同じ。）又は新株予約権の交付を受けた場合（当該交付を受けた株式又は新株予約権の価額が当該譲渡をした有価証券の価額とおおむね同額となつ…
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shares with a put option (meaning shares with a feature that a corporation provides for with respect to all or some of the shares it issues, entitling a Shareholder, Member, or Other Investor to…
取得請求権付株式（法人がその発行する全部又は一部の株式の内容として株主等が当該法人に対して当該株式の取得を請求することができる旨の定めを設けている場合の当該株式をいう。） 当該取得請求権付株式に係る請求権の行使によりその取得の対価として当該取得をする法人の株式のみが交付される場合の当該請求権の行使
Open this provision(Special Provisions on Capital Gains Due to Share Exchange)
shares subject to call (meaning shares with a feature that a corporation provides for with respect to all or some of the shares it issues, entitling the corporation to acquire those shares…
取得条項付株式（法人がその発行する全部又は一部の株式の内容として当該法人が一定の事由（以下この号において「取得事由」という。）が発生したことを条件として当該株式の取得をすることができる旨の定めを設けている場合の当該株式をいう。） 当該取得条項付株式に係る取得事由の発生によりその取得の対価として当該取得をされる株主等に…
Open this provision(Special Provisions on Capital Gains Due to Share Exchange)
shares subject to class-wide call (meaning shares in a class which the issuing corporation indicates it will acquire all of through a resolution at a shareholders meeting or any equivalent mechanism…
全部取得条項付種類株式（ある種類の株式について、これを発行した法人が株主総会その他これに類するものの決議（以下この号において「取得決議」という。）によつてその全部の取得をする旨の定めがある場合の当該種類の株式をいう。） 当該全部取得条項付種類株式に係る取得決議によりその取得の対価として当該取得をされる株主等に当該取得…
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acquired corporation:These mean a corporation whose assets and liabilities were transferred to another corporation as a result of a merger.
被合併法人 合併によりその有する資産及び負債の移転を行つた法人をいう。
Open this provision(Definitions)
acquiring corporation:These mean a corporation that has received a transfer of assets and liabilities from an acquired corporation as a result of a merger.
合併法人 合併により被合併法人から資産及び負債の移転を受けた法人をいう。
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qualified company split by split-off:These mean a company split by split-off that falls under the category of qualified company split.
適格分割型分割 分割型分割のうち適格分割に該当するものをいう。
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qualified in-kind distribution: These mean a distribution in kind in which a domestic corporation is the corporation making a distribution in kind and in which the persons receiving the transfer of…
適格現物分配 内国法人を現物分配法人とする現物分配のうち、その現物分配により資産の移転を受ける者がその現物分配の直前において当該内国法人との間に完全支配関係がある内国法人（普通法人又は協同組合等に限る。）のみであるものをいう。
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qualified share distribution: These mean a share distribution in which only the shares of a wholly owned subsidiary corporation are transferred and which is specified by Cabinet Order as a share…
適格株式分配 完全子法人の株式のみが移転する株式分配のうち、完全子法人と現物分配法人とが独立して事業を行うための株式分配として政令で定めるもの（当該株式が現物分配法人の発行済株式等の総数又は総額のうちに占める当該現物分配法人の各株主等の有する当該現物分配法人の株式の数（出資にあつては、金額）の割合に応じて交付されるも…
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splitting corporation: These mean a corporation whose assets or liabilities were transferred to another corporation as a result of a company split.
分割法人 分割によりその有する資産又は負債の移転を行つた法人をいう。
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succeeding corporation in a company split: These mean a corporation that received a transfer of assets or liabilities from a splitting corporation as a result of a company split.
分割承継法人 分割により分割法人から資産又は負債の移転を受けた法人をいう。
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qualified merger: These mean a merger that falls under any of the following, in which the shareholders, etc. of an acquired corporation do not receive the delivery of assets other than the shares or…
適格合併 次のいずれかに該当する合併で被合併法人の株主等に合併法人又は合併親法人（合併法人との間に当該合併法人の発行済株式等の全部を直接又は間接に保有する関係として政令で定める関係がある法人をいう。）のうちいずれか一の法人の株式又は出資以外の資産（当該株主等に対する剰余金の配当等（株式又は出資に係る剰余金の配当、利益…
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amount of stated capital, etc.: These mean the amount specified by Cabinet Order as the amount that a corporation has received from shareholders, etc. as capital contributions.
資本金等の額 法人が株主等から出資を受けた金額として政令で定める金額をいう。
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corporation in the public interest, etc.:These mean any of the corporations listed in Appended Table 2.
公益法人等 別表第二に掲げる法人をいう。
Open this provisionAssociation or Foundation without Legal Personality
「人格のない社団等」
An association or foundation that is not a corporation but has a designated representative or administrator.
Defined inArticle 2, paragraph (1), item (viii)· applies throughout the law
Shareholder, Member, or Other Investor
「株主等」
Shareholders, members of a general partnership, limited partnership or limited liability company, and other investors in a corporation.
Defined inArticle 2, paragraph (1), item (viii-2)· applies throughout the law
Trust Subject to Corporate Taxation
「法人課税信託」
A trust subject to corporate taxation as defined in Article 2, item (xxix)-2 of the Corporation Tax Act (Act No. 34 of 1965).
Defined inArticle 2, paragraph (1), item (viii-3)· applies throughout the law
distribution that reduces contributionsmachine translation
「出資等減少分配」
A payment of money under Article 137 of the Act on Investment Trusts and Investment Corporations (Act No. 198 of 1951) that goes with a reduction in the total contributions made to an investment corporation, of the kind Ministry of Finance Order (財務省令) specifies, which is left out of dividend income.
Short name set inArticle 24, paragraph (1)· applies only in this provision and in Article 25, paragraph (1), item (iv)
company split by split-offmachine translation
「分割型分割」
In Article 24, paragraph (1) and Article 25, a company split by split-off as defined in Article 2, item (xii)-9 of the Corporation Tax Act, including a split of a trust that is a trust subject to corporate taxation (法人課税信託).
Defined inArticle 24, paragraph (1)· applies only in this paragraph and in Article 25
share distributionmachine translation
「株式分配」
A distribution in kind, by way of a dividend, of all the shares of a wholly owned subsidiary to the distributing company's shareholders, as defined in Article 2, item (xii)-15-2 of the Corporation Tax Act.
Defined inArticle 24, paragraph (1)· applies only in this paragraph and in Article 25
successor corporation in a company splitmachine translation
「分割承継法人」
A successor corporation as defined in Article 2, item (xii)-3 of the Corporation Tax Act: a corporation that receives assets or liabilities from another corporation in a company split.
Defined inArticle 25, paragraph (2)· applies only in this paragraph
splitting corporationmachine translation
「分割法人」
A splitting corporation as defined in Article 2, item (xii)-2 of the Corporation Tax Act: a corporation that transfers its assets or liabilities to another in a company split.
Defined inArticle 25, paragraph (2)· applies only in this paragraph
acquiring corporationmachine translation
「合併法人」
An acquiring corporation as defined in Article 2, item (xii) of the Corporation Tax Act: the corporation that receives the assets and liabilities of another corporation in a merger.
Defined inArticle 25, paragraph (2)· applies only in this paragraph