Supplementary Provisions, Article 12Transitional Measures Concerning Reserves of Corporations
第十二条（法人の準備金に関する経過措置）
With regard to corporation tax for the business year commencing first on or after April 1, 1973 (hereinafter referred to as the "business year of the amendment" up to paragraph (3)), if, at the end of the business year of the amendment, the total of the amounts calculated pursuant to the provisions of the items of Article 53, paragraph (1) of the New Act is less than the lesser of the amounts listed in the following items (referred to as the "reserve limit for the business year of the amendment" in paragraph (3)), that lesser amount is, notwithstanding the provisions of paragraph (1) of that Article, to be the total of the amounts calculated pursuant to the provisions of the items of that paragraph:
the total of the amounts calculated pursuant to the provisions of the items of Article 53, paragraph (1) of the Former Act at the end of the business year immediately preceding the business year of the amendment (for a corporation to which the provisions of Article 13, paragraph (2) of the Supplementary Provisions of the 1968 Amendment Act apply, the amount calculated in accordance with the provisions of that paragraph, and for a merging corporation that has carried out a merger in the business year of the amendment, the amount obtained by adding to those amounts the amount calculated as specified by Cabinet Order as the limit of the reserve for price fluctuations of the merged corporation at the end of the business year including the date of the merger);
改正事業年度の直前の事業年度終了の日において旧法第五十三条第一項各号の規定により計算した金額の合計額（昭和四十三年改正法附則第十三条第二項の規定の適用がある法人については、同項の規定の例により計算した金額とし、改正事業年度において合併をした合併法人については、これらの金額に、被合併法人のその合併の日を含む事業年度終了の日における価格変動準備金の限度額として政令で定めるところにより計算した金額を加算した金額とする。）
the total of the amounts calculated pursuant to the provisions of the items of Article 53, paragraph (1) of the Former Act at the end of the business year of the amendment (for a corporation to which the provisions of Article 13, paragraph (2) of the Supplementary Provisions of the 1968 Amendment Act would apply if, with regard to the calculation of the reserve limit for the reserve for price fluctuations relating to the amount of income for the business year of the amendment, the business year of the amendment were deemed to be a business year commencing before April 1, 1973, the amount calculated in accordance with the provisions of that paragraph).
改正事業年度終了の日において旧法第五十三条第一項各号の規定により計算した金額の合計額（改正事業年度の所得の金額に係る価格変動準備金の積立限度額の計算について改正事業年度を昭和四十八年四月一日前に開始した事業年度とみなした場合に昭和四十三年改正法附則第十三条第二項の規定の適用がある法人については、同項の規定の例により計算した金額）
For each business year (limited to each business year commencing before April 1, 1976) up to the business year immediately preceding the first business year in which the total of the amounts calculated pursuant to the provisions of the items of Article 53, paragraph (1) of the Act on Special Measures Concerning Taxation as Amended in 1975 for a corporation to which the provisions of the preceding paragraph have applied comes to exceed the adjusted reserve limit for the reserve for price fluctuations at the end of the business year immediately preceding that business year (meaning the amount calculated on that date pursuant to the provisions of this paragraph (or of the preceding paragraph, if that immediately preceding business year is the business year of the amendment) (for a merging corporation that has carried out a merger in that business year, the amount obtained by adding the amount calculated as specified by Cabinet Order as the limit of the reserve for price fluctuations of the merged corporation at the end of the business year including the date of the merger); the same applies hereinafter up to the following paragraph), the lesser of the amounts listed in the following items is, notwithstanding the provisions of paragraph (1) of that Article, to be the total of the amounts calculated pursuant to the provisions of the items of that paragraph:
前項の規定の適用を受けた法人の昭和五十年新法第五十三条第一項各号の規定により計算した金額の合計額が当該事業年度の直前の事業年度終了の日における価格変動準備金の調整積立限度額（同日においてこの項（当該直前の事業年度が改正事業年度である場合には、前項）の規定により計算した金額（当該事業年度において合併をした合併法人については、被合併法人のその合併の日を含む事業年度終了の日における価格変動準備金の限度額として政令で定めるところにより計算した金額を加算した金額）をいう。以下次項までにおいて同じ。）を超えることとなる最初の事業年度の直前の事業年度までの各事業年度（昭和五十一年四月一日前に開始する各事業年度に限る。）においては、同条第一項の規定にかかわらず、次の各号に掲げる金額のうちいずれか少ない金額を、同項各号の規定により計算した金額の合計額とする。
the total of the following amounts:
次に掲げる金額の合計額
the total of the amounts calculated pursuant to the provisions of the items of Article 53, paragraph (1) of the Act on Special Measures Concerning Taxation as Amended in 1975 at the end of that business year;
当該事業年度終了の日において昭和五十年新法第五十三条第一項各号の規定により計算した金額の合計額
the amount obtained by deducting, from the adjusted reserve limit for the reserve for price fluctuations at the end of the business year immediately preceding that business year, whichever is greater of the total of the amounts calculated on that date pursuant to the provisions of the items of Article 53, paragraph (1) of the Act on Special Measures Concerning Taxation as Amended in 1975 (for a merging corporation that has carried out a merger in that business year, the amount obtained by adding the amount calculated as specified by Cabinet Order as the limit of the reserve for price fluctuations of the merged corporation at the end of the business year including the date of the merger) and the total listed in (a);
当該事業年度の直前の事業年度終了の日における価格変動準備金の調整積立限度額から同日において昭和五十年新法第五十三条第一項各号の規定により計算した金額の合計額（当該事業年度において合併をした合併法人については、被合併法人のその合併の日を含む事業年度終了の日における価格変動準備金の限度額として政令で定めるところにより計算した金額を加算した金額）とイに掲げる合計額とのいずれか多い金額を控除した金額
the total of the amounts calculated pursuant to the provisions of the items of Article 53, paragraph (1) of the Former Act at the end of that business year for the assets referred to in Article 53, paragraph (1) of the Act on Special Measures Concerning Taxation as Amended in 1975 (for a corporation to which the provisions of Article 13, paragraph (2) of the Supplementary Provisions of the 1968 Amendment Act would apply if, with regard to the calculation of the reserve limit for the reserve for price fluctuations relating to the amount of income for that business year, that business year were deemed to be a business year commencing before April 1, 1973, the amount specified by Cabinet Order as the amount calculated in accordance with the provisions of that paragraph).
当該事業年度終了の日において昭和五十年新法第五十三条第一項の資産につき旧法第五十三条第一項各号の規定により計算した金額の合計額（当該事業年度の所得の金額に係る価格変動準備金の積立限度額の計算について当該事業年度を昭和四十八年四月一日前に開始した事業年度とみなした場合に昭和四十三年改正法附則第十三条第二項の規定の適用がある法人については、同項の規定の例により計算した金額として政令で定める金額）
The provisions of the preceding two paragraphs do not apply if a written statement concerning the calculation of the reserve limit for the business year of the amendment or of the adjusted reserve limit for the reserve for price fluctuations is not attached to the final return, etc. (meaning a final return, etc. prescribed in Article 2, paragraph (2), item (xi) of the Act on Special Measures Concerning Taxation as Amended in 1975; the same applies hereinafter in this paragraph) for each business year from the business year of the amendment to the business year for which the provisions of the preceding paragraph are to be applied; provided, however, that this does not apply if, even in the case where a final return, etc. without that statement attached has been filed, the district director finds that there were unavoidable circumstances for the failure to attach it and the written statement is submitted.
前二項の規定は、改正事業年度から前項の規定の適用を受けようとする事業年度までの各事業年度の確定申告書等（昭和五十年新法第二条第二項第十一号に規定する確定申告書等をいう。以下この項において同じ。）に、改正事業年度積立限度額又は価格変動準備金の調整積立限度額の計算に関する明細書の添附がない場合には、適用しない。ただし、当該添附がない確定申告書等の提出があつた場合においても、その添附がなかつたことにつき税務署長がやむを得ない事情があると認める場合において、当該明細書の提出があつたときは、この限りでない。
The provisions of Article 55 of the New Act apply in the case where a corporation acquires specified shares, etc. prescribed in paragraph (1) of that Article on or after April 1, 1973, and in the case where a corporation acquired specified shares, etc. prescribed in Article 55, paragraph (1) of the Former Act or resource development shares, etc. prescribed in Article 56, paragraph (1) of the Former Act before that date, except in the case provided for in the following paragraph, the provisions of Article 55 or Article 56 of the Former Act are to govern, with the phrase "March 31, 1974" in those provisions deemed to be replaced with "March 31, 1973".
新法第五十五条の規定は、法人が昭和四十八年四月一日以後に同条第一項に規定する特定株式等を取得する場合について適用し、法人が同日前に旧法第五十五条第一項に規定する特定株式等又は旧法第五十六条第一項に規定する資源開発株式等を取得した場合については、次項に定める場合を除き、これらの規定中「昭和四十九年三月三十一日」とあるのは、「昭和四十八年三月三十一日」として、旧法第五十五条又は第五十六条の規定の例による。
In the case where a corporation acquired specified shares, etc. prescribed in Article 55, paragraph (1) of the Former Act or resource development shares, etc. prescribed in Article 56, paragraph (1) of the Former Act before April 1, 1973, and comes to fall under any of the cases listed in the items of Article 55, paragraph (4) of the New Act on or after that date, the provisions of that paragraph are to govern. In this case, if a corporation listed in the left-hand column of item (v) or (vi) of the table in paragraph (1) of that Article in relation to those resource development shares, etc. comes to fall under the case listed in paragraph (4), item (iii), (a) of that Article, the phrase "80 percent" in (a) of that item is deemed to be replaced with "two thirds".
法人が昭和四十八年四月一日前に旧法第五十五条第一項に規定する特定株式等又は旧法第五十六条第一項に規定する資源開発株式等を取得した場合において、同日以後に新法第五十五条第四項各号に掲げる場合に該当することとなつたときについては、同項の規定の例による。この場合において、当該資源開発株式等に係る同条第一項の表の第五号又は第六号の上欄に掲げる法人が同条第四項第三号イに掲げる場合に該当することとなつたときは、同号イ中「百分の八十」とあるのは、「三分の二」とする。
Necessary matters concerning the treatment of the amounts of those reserves in the case where a specified corporation prescribed in Article 55, paragraph (1) of the Former Act that has issued specified shares, etc. prescribed in that paragraph, or a resource development corporation prescribed in Article 56, paragraph (1) of the Former Act that has issued resource development shares, etc. prescribed in that paragraph, before April 1, 1973 has issued specified shares, etc. prescribed in Article 55, paragraph (1) of the New Act on or after that date, and a corporation that has a reserve for losses on overseas investment pertaining to specified shares, etc. prescribed in Article 55, paragraph (1) of the Former Act or a reserve for losses on investment in resource development pertaining to resource development shares, etc. prescribed in Article 56, paragraph (1) of the Former Act has a reserve for losses on overseas investment, etc. pursuant to the provisions of Article 55, paragraph (1) of the New Act, are specified by Cabinet Order.
昭和四十八年四月一日前に旧法第五十五条第一項に規定する特定株式等を発行している同項に規定する特定法人又は旧法第五十六条第一項に規定する資源開発株式等を発行している同項に規定する資源開発法人が同日以後に新法第五十五条第一項に規定する特定株式等を発行した場合において、旧法第五十五条第一項に規定する特定株式等に係る海外投資損失準備金又は旧法第五十六条第一項に規定する資源開発株式等に係る資源開発投資損失準備金を有する法人が新法第五十五条第一項の規定により海外投資等損失準備金を有するときにおけるこれらの準備金の金額の処理に関し必要な事項は、政令で定める。
The provisions of Article 56-5 of the New Act apply to power generation facility expenditure (meaning the amount expended for the acquisition of power generation facilities prescribed in Article 56-5, paragraph (1) of the New Act) of a corporation on or after April 1, 1973 pertaining to construction work specified by Cabinet Order as prescribed in item (ix) of the table in Article 43, paragraph (1) of the New Act, and with regard to such power generation facility expenditure of a corporation before that date pertaining to construction work specified by Cabinet Order as prescribed in item (ix) of the table in Article 43, paragraph (1) of the Former Act, the provisions then in force continue to govern.
新法第五十六条の五の規定は、法人が昭和四十八年四月一日以後に新法第四十三条第一項の表の第九号に規定する政令で定められる工事に係る発電設備支出金額（新法第五十六条の五第一項に規定する発電設備の取得のために支出する金額をいう。）について適用し、法人が同日前に旧法第四十三条第一項の表の第九号に規定する政令で定められた工事に係る当該発電設備支出金額については、なお従前の例による。