Article 132-2Rejection of Acts or Calculations Pertaining to Organizational Restructuring
第百三十二条の二（組織再編成に係る行為又は計算の否認）
In the case where the district director of the tax office makes a Reassessment or determination with regard to corporation tax related to a corporation listed as follows that was involved in a merger, company split, contribution in kind to the capital of the receiving corporation, distribution in kind (meaning a distribution in kind as prescribed in Article 2, item (xii)-5-2 (Definitions)), share exchange, etc. or share transfer (hereinafter referred to as a "merger, etc." in this Article), when it is found that any acts conducted or calculations made by the corporation would, if allowed, unreasonably reduce the burden of corporation tax, due to a decrease in the amount of profit or an increase in the net operating loss on the transfer of assets and liabilities transferred as a result of a merger, etc., an increase in the amount to be credited from corporation tax, a decrease in the amount of profit or an increase in the net operating loss on the transfer of shares (including capital contributions; the same applies in item (ii)) of a corporation listed in item (i) or item (ii), a decrease in the amount of deemed dividend (meaning the amount deemed to be the amount listed in Article 23, paragraph (1), item (i) or item (ii) (Exclusion of Dividends Received from Gross Profits) pursuant to the provisions of Article 24, paragraph (1) (The Amount Deemed to Be Dividends)), or due to other grounds, they may calculate the tax base of corporation tax related to the corporation, the net operating loss, or the amount of corporation tax, based on their own recognition, notwithstanding the acts or calculation:
税務署長は、合併、分割、現物出資若しくは現物分配（第二条第十二号の五の二（定義）に規定する現物分配をいう。）又は株式交換等若しくは株式移転（以下この条において「合併等」という。）に係る次に掲げる法人の法人税につき更正又は決定をする場合において、その法人の行為又は計算で、これを容認した場合には、合併等により移転する資産及び負債の譲渡に係る利益の額の減少又は損失の額の増加、法人税の額から控除する金額の増加、第一号又は第二号に掲げる法人の株式（出資を含む。第二号において同じ。）の譲渡に係る利益の額の減少又は損失の額の増加、みなし配当金額（第二十四条第一項（配当等の額とみなす金額）の規定により第二十三条第一項第一号又は第二号（受取配当等の益金不算入）に掲げる金額とみなされる金額をいう。）の減少その他の事由により法人税の負担を不当に減少させる結果となると認められるものがあるときは、その行為又は計算にかかわらず、税務署長の認めるところにより、その法人に係る法人税の課税標準若しくは欠損金額又は法人税の額を計算することができる。
a corporation that effected a merger, etc. or a corporation to which assets and liabilities were transferred as a result of a merger, etc.;
合併等をした法人又は合併等により資産及び負債の移転を受けた法人
a corporation that has issued shares delivered as a result of a merger, etc. (excluding a corporation listed in the preceding item); and
a corporation that is a shareholder, etc. of a corporation listed in the preceding two items (excluding a corporation listed in the preceding two items).