Where a resident who is a specially-related shareholder, etc. has an amount of dividends of surplus and similar distributions (meaning dividends of surplus, dividends of profit or distributions of surplus prescribed in Article 24, paragraph (1) of the Income Tax Act; hereinafter the same applies in this Article) received from a foreign corporation, the portion of the amount of dividends of surplus and similar distributions up to the sum of the following amounts pertaining to the foreign corporation is deducted in calculating the amount of dividend income pertaining to the amount of dividends of surplus and similar distributions received from the foreign corporation for the year that includes the day on which the resident receives payment of the amount of dividends of surplus and similar distributions (hereinafter referred to in this Article as the "dividend date"):
特殊関係株主等である居住者が外国法人から受ける剰余金の配当等（所得税法第二十四条第一項に規定する剰余金の配当、利益の配当又は剰余金の分配をいう。以下この条において同じ。）の額がある場合には、当該剰余金の配当等の額のうち当該外国法人に係る次に掲げる金額の合計額に達するまでの金額は、当該居住者の当該剰余金の配当等の額の支払を受ける日（以下この条において「配当日」という。）の属する年分の当該外国法人から受ける剰余金の配当等の額に係る配当所得の金額の計算上控除する。
the amount specified by Cabinet Order as the portion corresponding to the number of shares, etc. held directly by the resident in the foreign corporation (meaning the number of shares, etc. held directly prescribed in Article 40-5, paragraph (1), item (i); the same applies in the following item and item (i) of the following paragraph), out of the taxable amount, partially taxable amount or partially taxable amount for a financial affiliated corporation pertaining to the foreign corporation that is included in gross revenue in the calculation of the amount of miscellaneous income for the year that includes the dividend date pursuant to the provisions of paragraph (1), paragraph (8) or paragraph (10) of the preceding Article;
外国法人に係る課税対象金額、部分課税対象金額又は金融関係法人部分課税対象金額で、配当日の属する年分において前条第一項、第八項又は第十項の規定により当該年分の雑所得の金額の計算上総収入金額に算入されるもののうち、当該居住者の有する当該外国法人の直接保有の株式等の数（第四十条の五第一項第一号に規定する直接保有の株式等の数をいう。次号及び次項第一号において同じ。）に対応する部分の金額として政令で定める金額
the amount specified by Cabinet Order as the portion corresponding to the number of shares, etc. held directly by the resident in the foreign corporation, out of the taxable amount, partially taxable amount or partially taxable amount for a financial affiliated corporation pertaining to the foreign corporation that was included in gross revenue in the calculation of the amount of miscellaneous income for each year within the three years preceding the year that includes the dividend date pursuant to the provisions of paragraph (1), paragraph (8) or paragraph (10) of the preceding Article (if there is an amount of dividends of surplus and similar distributions received from the foreign corporation in those years (limited to the portion of the amount to which the provisions of this paragraph were applied; hereinafter the same applies in this item), the balance remaining after deducting the amount equivalent to that amount of dividends of surplus and similar distributions; referred to in paragraph (3) as the "already-taxed amount").
In the case referred to in the preceding paragraph, where the foreign corporation referred to in that paragraph has an amount of dividends of surplus and similar distributions received from another foreign corporation, the amount obtained by deducting, from the amount of dividends of surplus and similar distributions received by the resident referred to in that paragraph from the foreign corporation referred to in that paragraph, the portion of that amount of dividends of surplus and similar distributions to which the provisions of that paragraph apply (limited to the amount up to whichever is the smaller of the following amounts pertaining to the foreign corporation) is deducted in calculating the amount of dividend income pertaining to the amount of dividends of surplus and similar distributions received from the foreign corporation for the year that includes the dividend date of the resident:
the amount specified by Cabinet Order as the portion corresponding to the number of shares, etc. held directly by the resident in the foreign corporation referred to in the preceding paragraph, out of the amount of dividends of surplus and similar distributions received by the foreign corporation referred to in the preceding paragraph from another foreign corporation in the year that includes the dividend date and in each year within the two years preceding that year (excluding those specified by Cabinet Order as the amount of dividends of surplus and similar distributions received before the first day of the business year of the other foreign corporation to which the provisions of paragraph (1), paragraph (8) or paragraph (10) of the preceding Article apply) (if there is an amount of dividends of surplus and similar distributions received from the foreign corporation in each year within the two years preceding the year that includes the dividend date (referred to in (b) of the following item as "each year within the preceding two years") (limited to the portion, out of the amount to which the provisions of this paragraph were applied, corresponding to the amount of dividends of surplus and similar distributions received by the foreign corporation from the other foreign corporation; hereinafter referred to in this paragraph as the "amount of dividends, etc. to which the special rule applied"), the balance remaining after deducting the amount of dividends, etc. to which the special rule applied; referred to in the following paragraph as "indirect dividends, etc.");
配当日の属する年及びその年の前年以前二年内の各年において、前項の外国法人が他の外国法人から受けた剰余金の配当等の額（当該他の外国法人の前条第一項、第八項又は第十項の規定の適用に係る事業年度開始の日前に受けた剰余金の配当等の額として政令で定めるものを除く。）のうち、当該居住者の有する前項の外国法人の直接保有の株式等の数に対応する部分の金額として政令で定める金額（配当日の属する年の前年以前二年内の各年分（次号ロにおいて「前二年内の各年分」という。）において当該外国法人から受けた剰余金の配当等の額（この項の規定の適用を受けた金額のうち、当該外国法人が当該他の外国法人から受けた剰余金の配当等の額に対応する部分の金額に限る。以下この項において「特例適用配当等の額」という。）がある場合には、当該特例適用配当等の額を控除した残額。次項において「間接配当等」という。）
the sum of the following amounts:
次に掲げる金額の合計額
the amount specified by Cabinet Order as the portion corresponding to the number of shares, etc. held indirectly by the resident referred to in that item in the other foreign corporation (meaning the number of shares, etc. held indirectly prescribed in Article 40-5, paragraph (2), item (ii), (a); the same applies in (b)), out of the taxable amount, partially taxable amount or partially taxable amount for a financial affiliated corporation pertaining to the other foreign corporation referred to in the preceding item that is included in gross revenue in the calculation of the amount of miscellaneous income for the year that includes the dividend date pursuant to the provisions of paragraph (1), paragraph (8) or paragraph (10) of the preceding Article;
前号の他の外国法人に係る課税対象金額、部分課税対象金額又は金融関係法人部分課税対象金額で、配当日の属する年分において前条第一項、第八項又は第十項の規定により当該年分の雑所得の金額の計算上総収入金額に算入されるもののうち、同号の居住者の有する当該他の外国法人の間接保有の株式等の数（第四十条の五第二項第二号イに規定する間接保有の株式等の数をいう。ロにおいて同じ。）に対応する部分の金額として政令で定める金額
the amount specified by Cabinet Order as the portion corresponding to the number of shares, etc. held indirectly by the resident referred to in that item in the other foreign corporation, out of the taxable amount, partially taxable amount or partially taxable amount for a financial affiliated corporation pertaining to the other foreign corporation referred to in the preceding item that was included in gross revenue in the calculation of the amount of miscellaneous income for each year within the preceding two years pursuant to the provisions of paragraph (1), paragraph (8) or paragraph (10) of the preceding Article (if there is an amount of dividends, etc. to which the special rule applied that was received from the foreign corporation referred to in the preceding paragraph in each year within the preceding two years, the balance remaining after deducting that amount of dividends, etc. to which the special rule applied; referred to in the following paragraph as the "indirectly taxed amount").
The provisions of the preceding two paragraphs apply only if the resident has continuously filed final returns for each year from the earliest of the years pertaining to the already-taxed amount or the indirect dividends, etc. or indirectly taxed amount onward (limited to each year for which the resident is required to file a return pursuant to the provisions of Article 120, paragraph (1), Article 124, paragraph (1) (including as applied mutatis mutandis pursuant to Article 125, paragraph (5) of that Act), Article 125, paragraph (1), Article 126, paragraph (1) or Article 127, paragraph (1) of the Income Tax Act), and a document stating the amount of dividends of surplus and similar distributions subject to the deduction under the preceding two paragraphs and the details of its calculation is attached to the final return, amended return or written request for reassessment for the year that includes the dividend date. In this case, the amount to be deducted pursuant to those provisions is limited to the amount stated as such amount.
前二項の規定は、課税済金額又は間接配当等若しくは間接課税済金額に係る年のうち最も古い年以後の各年分（所得税法第百二十条第一項、第百二十四条第一項（同法第百二十五条第五項において準用する場合を含む。）、第百二十五条第一項、第百二十六条第一項又は第百二十七条第一項の規定による申告書を提出しなければならない場合の各年分に限る。）の確定申告書を連続して提出している場合であつて、かつ、配当日の属する年分の確定申告書、修正申告書又は更正請求書に前二項の規定による控除を受ける剰余金の配当等の額及びその計算に関する明細を記載した書類の添付がある場合に限り、適用する。この場合において、これらの規定により控除される金額は、当該金額として記載された金額を限度とする。