Income Tax Act
Article 2, paragraph (1), item (xvi)
第二条第一項第十六号
Each amendment that changed this provision, and each that will, oldest first. Each is shown against the wording just before it; where an amendment gives the provision another number, it is followed under the new one. Read it as it stands today
In force today
Inventory: the commodities, finished products, half-finished products, products in progress, and raw materials of a business undertaking that is meant to generate business income, and any other asset (excluding Securities, cryptoassets as prescribed in Article 48-2, paragraph (1) (Calculation of the Cost of Transfer of Cryptoassets and Method of Valuation), and forested land) that Cabinet Order prescribes should be considered Inventory;
棚卸資産 事業所得を生ずべき事業に係る商品、製品、半製品、仕掛品、原材料その他の資産（有価証券、第四十八条の二第一項（暗号資産の譲渡原価等の計算及びその評価の方法）に規定する暗号資産及び山林を除く。）で棚卸しをすべきものとして政令で定めるものをいう。
Inventory: the commodities, finished products, half-finished products, products in progress, and raw materials of a business undertaking that is meant to generate business income, and any other asset (excluding Securities, cryptoassets (meaning cryptoassets as prescribed in Article
48-22, paragraph(1) ((49) of the Financial Instruments and Exchange Act; the same applies in Article 33, paragraph (3) (Capital Gains), Article 48-2 (Calculation of the Cost of Transfer of Cryptoassets and Method of Valuation) and Article 69, paragraph (2) (Aggregation of Profits and Losses)), and forested land) that Cabinet Order prescribes should be considered Inventory;棚卸資産 事業所得を生ずべき事業に係る商品、製品、半製品、仕掛品、原材料その他の資産（有価証券、暗号資産（金融商品取引法第二条第四十九項に規定する暗号資産をいう。第三十三条第三項（譲渡所得）、第四十八条の二
第一項（暗号資産の譲渡原価等の計算及びその評価の方法）に規定する暗号資産及び第六十九条第二項（損益通算）において同じ。）及び山林を除く。）で棚卸しをすべきものとして政令で定めるものをいう。