Chapter II-2 General Rules on Trustees of Trusts Subject to Corporate Taxation
第二章の二 法人課税信託の受託者等に関する通則
Article 6-2Application of This Act to Trustees of Trusts Subject to Corporate Taxation
第六条の二（法人課税信託の受託者に関するこの法律の適用）
The trustee of a Trust Subject to Corporate Taxation is deemed to be one person in respect of trust assets and other holdings of the Trust Subject to Corporate Taxation (meaning trust property assets and liabilities as well as proceeds and expenses attributable to trust property; hereinafter the same applies in this Chapter) and a different person in respect of personal assets and other holdings (meaning assets and liabilities, as well as proceeds and expenses, which are other than the trust assets and other holdings of a Trust Subject to Corporate Taxation; the same applies in the following Article), and the provisions of this Act (other than the preceding Chapter (Tax Payment Obligations), Chapter V (Locality for Paying Taxes), and Part VI (Penal Provisions); the same applies in the following Article) apply.
In a case as referred to in the preceding paragraph, trust assets and other holdings of a Trust Subject to Corporate Taxation and the trustee's personal assets and other holdings are separately attributed to each of the persons deemed to be different from one another pursuant to the provisions of that paragraph.
Article 6-3Application of This Act to Trust Corporations
第六条の三（受託法人等に関するこの法律の適用）
When the provisions of this Act are applied to a trust corporation (meaning a corporation that is the trustee of a Trust Subject to Corporate Taxation (or the individual who is the trustee of such a trust, if such is the case) to which the provisions of this Act apply because the trust assets and other holdings of the Trust Subject to Corporate Taxation are attributed to that corporation pursuant to the provisions of the preceding Article; hereinafter the same applies in this Article), or to the settlor or beneficiary of a Trust Subject to Corporate Taxation, they apply as follows:
if a business office or other office or a place of business equivalent thereto (referred to as a "business office" in the following item) with which the Trust Subject to Corporate Taxation is entrusted is located in Japan, the trust corporation handling the Trust Subject to Corporate Taxation is a Domestic Corporation;
if a business office with which the Trust Subject to Corporate Taxation is entrusted is not located in Japan, the trust corporation handling the Trust Subject to Corporate Taxation is a Foreign Corporation;
the trust corporation (but only one that is not a company) is deemed to be a company;
受託法人（会社でないものに限る。）は、会社とみなす。
a beneficial interest in a Trust Subject to Corporate Taxation (but not a beneficial interest in any Bond-Based Investment Trust other than a Bond-Based Investment Trust Under Public Offering, and not a company bond-type beneficial interest (meaning a company bond-type beneficial interest as prescribed in Article 230, paragraph (1), item (ii) (Specified-Purpose Trust Contracts) of the Act on the Securitization of Assets; the same applies in Article 24, paragraph (1) (Dividend Income); Article 176, paragraph (1) and paragraph (2) (Special Provisions on Taxation of Interest and Similar Income from Trust Property); Article 224-3 (Notice by Persons Receiving Consideration for a Share Transfer); and Article 225, paragraph (1) (Payment Reports))) is deemed to be a share or capital contribution, and a beneficiary of the Trust Subject to Corporate Taxation is included as a Shareholder, Member, or Other Investor thereof. Be that as it may, shares or capital contributions to a corporation that is the trustee of a Trust Subject to Corporate Taxation are deemed not to be shares or capital contributions in a trust corporation handling that Trust Subject to Corporate Taxation, and a Shareholder, Member, or Other Investor of the corporation that is the trustee is not a Shareholder, Member, or Other Investor of the trust corporation;
法人課税信託の受益権（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（資産の流動化に関する法律第二百三十条第一項第二号（特定目的信託契約）に規定する社債的受益権をいう。第二十四条第一項（配当所得）、第百七十六条第一項及び第二項（信託財産に係る利子等の課税の特例）、第二百二十四条の三（株式等の譲渡の対価の受領者等の告知）並びに第二百二十五条第一項（支払調書）において同じ。）を除く。）は株式又は出資とみなし、法人課税信託の受益者は株主等に含まれるものとする。この場合において、その法人課税信託の受託者である法人の株式又は出資は当該法人課税信託に係る受託法人の株式又は出資でないものとみなし、当該受託者である法人の株主等は当該受託法人の株主等でないものとする。
if a Trust Subject to Corporate Taxation is terminated or if a Trust Subject to Corporate Taxation (but only one as set forth in Article 2, item (xxix)-2, (b) (Definitions) of the Corporation Tax Act) has come to have a beneficiary as prescribed in Article 13, paragraph (1) (Attribution of Trust Property Assets and Liabilities and of Proceeds and Expenses Attributable to Trust Property) (or a person deemed to be a beneficiary as prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (2) of that Article; referred to as a "beneficiary or deemed beneficiary" in the following item and item (vii)) (unless the trust falls under a category of trust set forth in Article 2, item (xxix)-2, (a) or (c) of that Act), the trust corporation handling the Trust Subject to Corporate Taxation is deemed to have been dissolved;
法人課税信託について信託の終了があつた場合又は法人課税信託（法人税法第二条第二十九号の二ロ（定義）に掲げる信託に限る。）に第十三条第一項（信託財産に属する資産及び負債並びに信託財産に帰せられる収益及び費用の帰属）に規定する受益者（同条第二項の規定により同条第一項に規定する受益者とみなされる者を含む。次号及び第七号において「受益者等」という。）が存することとなつた場合（同法第二条第二十九号の二イ又はハに掲げる信託に該当する場合を除く。）には、これらの法人課税信託に係る受託法人の解散があつたものとする。
when the settlor of a Trust Subject to Corporate Taxation (other than a trust as set forth in Article 2, item (xxix)-2, (b) of the Corporation Tax Act; hereinafter the same applies in this item) places the assets thereof in trust, or if a trust with a beneficiary or deemed beneficiary that is deemed to hold trust property assets and liabilities pursuant to the provisions of Article 13, paragraph (1) comes to fall under the category of a Trust Subject to Corporate Taxation, a capital contribution is deemed to have been made to the trust corporation handling the Trust Subject to Corporate Taxation;
法人課税信託（法人税法第二条第二十九号の二ロに掲げる信託を除く。以下この号において同じ。）の委託者がその有する資産の信託をした場合又は第十三条第一項の規定により受益者等がその信託財産に属する資産及び負債を有するものとみなされる信託が法人課税信託に該当することとなつた場合には、これらの法人課税信託に係る受託法人に対する出資があつたものとみなす。
when the settlor of a Trust Subject to Corporate Taxation (but only a trust as set forth in Article 2, item (xxix)-2, (b) of the Corporation Tax Act; hereinafter the same applies in this item) places the assets thereof in trust, or if a trust with a beneficiary or deemed beneficiary that, pursuant to the provisions of Article 13, paragraph (1), is deemed to have assets and liabilities constituting trust property comes to fall under the category of a Trust Subject to Corporate Taxation, the assets are deemed to have devolved to the trust corporation handling the Trust Subject to Corporate Taxation by way of a gift;
法人課税信託（法人税法第二条第二十九号の二ロに掲げる信託に限る。以下この号において同じ。）の委託者がその有する資産の信託をした場合又は第十三条第一項の規定により受益者等がその信託財産に属する資産及び負債を有するものとみなされる信託が法人課税信託に該当することとなつた場合には、これらの法人課税信託に係る受託法人に対する贈与により当該資産の移転があつたものとみなす。
a distribution of proceeds from a Trust Subject to Corporate Taxation is deemed to be a dividend of surplus that causes no decrease in capital surplus, and a return of the principal of a Trust Subject to Corporate Taxation is deemed to be a dividend of surplus that does cause a decrease in capital surplus;
法人課税信託の収益の分配は資本剰余金の減少に伴わない剰余金の配当と、法人課税信託の元本の払戻しは資本剰余金の減少に伴う剰余金の配当とみなす。
beyond what is prescribed the preceding items, Cabinet Order provides for the necessary particulars concerning the application of this Act to trust corporations and to the settlors and beneficiaries of Trusts Subject to Corporate Taxation.
in Japan
「国内」
The area in which this Act is in force, that is, Japan.
Defined inArticle 2, paragraph (1), item (i)· applies throughout the law
Domestic Corporation
「内国法人」
A corporation whose head office or principal office is in Japan.
Defined inArticle 2, paragraph (1), item (vi)· applies throughout the law
Foreign Corporation
「外国法人」
A corporation other than a domestic corporation, that is, one whose head office or principal office is not in Japan; in Article 3, paragraph (4) of the supplementary provisions of the 2018 amending law (Act No. 7 of 2018) it means only such a corporation that on 31 December 2018 had something counting as a permanent establishment under the new rules but not under the old.
Defined inArticle 2, paragraph (1), item (vii)· 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
Bond-Based Investment Trustmachine translation
「公社債等運用投資信託」
An investment trust, other than a securities investment trust, that a Cabinet Order (政令) specifies as investing the money entrusted to it in bonds, bills and similar assets.
Defined inArticle 2, paragraph (1), item (xv-2)· applies throughout the law
Bond-Based Investment Trust Under Public Offering
「公募公社債等運用投資信託」
A bond-based investment trust whose units were offered to the public, as a Cabinet Order (政令) specifies within the meaning of the Financial Instruments and Exchange Act, and which falls within the investment trusts described in the Corporation Tax Act.
Defined inArticle 2, paragraph (1), item (xv-3)· applies throughout the law
trust assets and liabilitiesmachine translation
「信託資産等」
The assets and liabilities belonging to trust property, together with the income and expenses attributed to that property.
Defined inArticle 6-2, paragraph (1)· applies only in this chapter
personal assets and other holdingsmachine translation
「固有資産等」
The assets and liabilities, and income and expenses, of the trustee of a trust subject to corporate taxation (法人課税信託) that do not belong to the trust assets (信託資産等) of any such trust; Article 6-2 treats the trustee as a separate person for these and for each such trust.
Defined inArticle 6-2, paragraph (1)· applies only in this provision and in Article 6-2, paragraph (2)
trust corporation
「受託法人」
The trustee of a trust taxed as a corporation (法人課税信託), treated under Article 6-2 as a separate corporation to which that trust's assets, liabilities, income and expenses belong; an individual trustee is treated the same way.
Defined inArticle 6-3, paragraph (1)· applies only in this article
business office
「営業所」
The business office, office or similar establishment at which a trust taxed as a corporation (法人課税信託) was entrusted; where it is in Japan, the trustee is treated as a domestic corporation, and where it is not, as a foreign corporation.
Short name set inArticle 6-3, paragraph (1), item (i)· applies only in this provision and in Article 6-3, paragraph (1), item (ii)
bond-type beneficial interestmachine translation
「社債的受益権」
A class of beneficial interest in a specified-purpose trust (特定目的信託) whose holders receive distributions of a predetermined amount during the trust period, as described in Article 230, paragraph (1), item (ii) of the Act on the Securitization of Assets.
Defined inArticle 6-3, paragraph (1), item (iv)· applies only in this provision and in Article 24, paragraph (1); Article 176, paragraphs (1) and (2); Article 224-3; and Article 225, paragraph (1)
beneficiary or deemed beneficiary
「受益者等」
The beneficiary of a trust under Article 13, paragraph (1), and a person treated as one under Article 13, paragraph (2); in Article 67-3 a beneficiary during liquidation is left out.
Short name set inArticle 6-3, paragraph (1), item (v)· applies only in this provision and in Article 6-3, paragraph (1), items (vi) and (vii)