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Supplementary Provisions, Article 122Transitional Measures Concerning Special Provisions on Taxation on Income of Specified Foreign Subsidiaries, etc. of Consolidated Corporations

第百二十二条(連結法人の特定外国子会社等に係る所得の課税の特例に関する経過措置)

The provisions of Article 68-90, paragraphs (1), (2) and (6) of the New Act on Special Measures Concerning Taxation apply to the amount of applicable retained income prescribed in for a business year of a specified foreign subsidiary, etc. prescribed in ending on or after the Effective Date, and to the individually taxable retained amount prescribed in pertaining to that amount of applicable retained income, and the provisions then in force continue to govern the amount of applicable retained income prescribed in of the Former Act on Special Measures Concerning Taxation for a business year of a specified foreign subsidiary, etc. prescribed in that ended before the Effective Date, and the individually taxable retained amount prescribed in pertaining to that amount of applicable retained income.

、及びの規定は、に規定する特定外国子会社等の施行日以後に終了する事業年度に係るに規定する適用対象留保金額及び当該適用対象留保金額に係るに規定する個別課税対象留保金額について適用し、に規定する特定外国子会社等の施行日前に終了した事業年度に係るに規定する適用対象留保金額及び当該適用対象留保金額に係るに規定する個別課税対象留保金額については、なお従前の例による。

The provisions of Article 68-90, paragraphs (7) and (8) of the New Act on Special Measures Concerning Taxation apply to the amount of applicable retained income prescribed in , as applied pursuant to the provisions of , for a business year of the trustee of a foreign trust prescribed in pertaining to that foreign trust ending on or after the Trust Act Effective Date, and to the individually taxable retained amount prescribed in pertaining to that amount of applicable retained income.

及びの規定は、に規定する外国信託の受託者の当該外国信託に係る信託法施行日以後に終了する事業年度に係るの規定により適用されるに規定する適用対象留保金額及び当該適用対象留保金額に係るに規定する個別課税対象留保金額について適用する。

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