Article 144-2-2Credit for Amount Equivalent to the Foreign Tax Adjusted at Distribution for Foreign Corporations
第百四十四条の二の二（外国法人に係る分配時調整外国税相当額の控除）
In the case where a foreign corporation having a permanent establishment receives payment of distributions of proceeds from a group investment trust in each business year (limited to the case where it receives payment of distributions of proceeds that fall under the category of income attributable to a permanent establishment), the amount equivalent to the amount specified by Cabinet Order as the portion, corresponding to the distributions of proceeds that the foreign corporation receives, of the amount of the foreign tax adjusted at distribution pertaining to the distributions of proceeds (meaning a tax equivalent to income tax imposed under foreign laws and regulations as prescribed in Article 176, paragraph (3) (Special Provisions on Taxation of Interest and Similar Income from Trust Property) of the Income Tax Act, which is specified by Cabinet Order) that has been deducted from the amount of income tax on the distributions of proceeds pursuant to the provisions of that paragraph or Article 180-2, paragraph (3) (Special Provisions on Taxation of Interest and Similar Income from Trust Property) of that Act (referred to as the "amount equivalent to the foreign tax adjusted at distribution" in the following paragraph and paragraph (3)) is deducted, as specified by Cabinet Order, from the amount of corporation tax on income pertaining to income attributable to a permanent establishment for the business year.
恒久的施設を有する外国法人が各事業年度において集団投資信託の収益の分配の支払を受ける場合（恒久的施設帰属所得に該当するものの支払を受ける場合に限る。）には、当該収益の分配に係る分配時調整外国税（所得税法第百七十六条第三項（信託財産に係る利子等の課税の特例）に規定する外国の法令により課される所得税に相当する税で政令で定めるものをいう。）の額で同項又は同法第百八十条の二第三項（信託財産に係る利子等の課税の特例）の規定により当該収益の分配に係る所得税の額から控除された金額のうち当該外国法人が支払を受ける収益の分配に対応する部分の金額として政令で定める金額に相当する金額（次項及び第三項において「分配時調整外国税相当額」という。）は、政令で定めるところにより、当該事業年度の恒久的施設帰属所得に係る所得に対する法人税の額から控除する。
The provisions of the preceding paragraph do not apply to the amount equivalent to the foreign tax adjusted at distribution pertaining to income arising from a business other than the profit-making business, or assets belonging thereto, of an association or foundation without juridical personality which is a foreign corporation.
前項の規定は、外国法人である人格のない社団等の収益事業以外の事業又はこれに属する資産から生ずる所得に係る分配時調整外国税相当額については、適用しない。
The provisions of Article 69-2, paragraph (3) (Credit for Amount Equivalent to the Foreign Tax Adjusted at Distribution) apply mutatis mutandis in the case where a credit under the provisions of paragraph (1) is made with regard to the amount equivalent to the foreign tax adjusted at distribution.
第六十九条の二第三項（分配時調整外国税相当額の控除）の規定は、分配時調整外国税相当額につき第一項の規定による控除をする場合について準用する。
Beyond what is provided for in the preceding two paragraphs, necessary matters concerning the application of the provisions of paragraph (1) are specified by Cabinet Order.
Read this with the articles around it
(Special Provisions on Taxation of Interest and Similar Income from Trust Property)
The income taxes paid by a Domestic Corporation on the trust property of a group investment trust as prescribed in Article 13, paragraph (3), item (i)…
内国法人がその引き受けた第十三条第三項第一号に規定する集団投資信託（国内にある営業所に信託されたものに限る。以下この条において「集団投資信託」という。）の信託財産について納付した所得税（当該所得税の課せられた収益を分配するとしたならば当該収益の分配につき第百八十一条（源泉徴収義務）又は第二百十二条（源泉徴収義務）の規…
Open this provision(Special Provisions on Taxation of Interest and Similar Income from Trust Property)
The income taxes paid by a Foreign Corporation on the trust property of a group investment trust (meaning a group investment trust as prescribed in Article 176, paragraph (3); hereinafter the same…
外国法人がその引き受けた集団投資信託（第百七十六条第三項に規定する集団投資信託をいう。以下この条において同じ。）の信託財産について納付した所得税（当該所得税の課せられた収益を分配するとしたならば当該収益の分配につき次条又は第二百十二条（源泉徴収義務）の規定により所得税を徴収されるべきこととなるものに対応する部分（第九…
Open this provisionCredit for Amount Equivalent to the Foreign Tax Adjusted at Distribution for Foreign Corporations
In the case where a foreign corporation having a permanent establishment receives payment of distributions of proceeds from a group investment trust in each business year…
恒久的施設を有する外国法人が各事業年度において集団投資信託の収益の分配の支払を受ける場合（恒久的施設帰属所得に該当するものの支払を受ける場合に限る。）には、当該収益の分配に係る分配時調整外国税（所得税法第百七十六条第三項（信託財産に係る利子等の課税の特例）に規定する外国の法令により課される所得税に相当する税で政令で定…
Open this provisionCredit for Amount Equivalent to the Foreign Tax Adjusted at Distribution for Foreign Corporations
The provisions of the preceding paragraph do not apply to the amount equivalent to the foreign tax adjusted at distribution pertaining to income arising from a business other than the profit-making…
前項の規定は、外国法人である人格のない社団等の収益事業以外の事業又はこれに属する資産から生ずる所得に係る分配時調整外国税相当額については、適用しない。
Open this provisionCredit for Amount Equivalent to the Foreign Tax Adjusted at Distribution for Foreign Corporations
The provisions of Article 69-2, paragraph (3) (Credit for Amount Equivalent to the Foreign Tax Adjusted at Distribution) apply mutatis mutandis in the case where a credit under the provisions of…
第六十九条の二第三項（分配時調整外国税相当額の控除）の規定は、分配時調整外国税相当額につき第一項の規定による控除をする場合について準用する。
Open this provisionCredit for Amount Equivalent to the Foreign Tax Adjusted at Distribution
The provisions of paragraph (1) apply only in the case where a Final Return, amended return or written request for reassessment is attached with a document stating the amount equivalent to the…
第一項の規定は、確定申告書、修正申告書又は更正請求書に同項の規定による控除の対象となる分配時調整外国税相当額、控除を受ける金額及び当該金額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。
Open this provisionforeign corporation
「外国法人」
A corporation other than a domestic corporation (内国法人), that is, one whose head office or principal office is not in Japan.
Defined inArticle 2, paragraph (1), item (iv)· applies throughout the law
association or foundation without juridical personality
「人格のない社団等」
An association or foundation that is not a legal person but has a set representative or manager, which this Act treats as a corporation.
Defined inArticle 2, paragraph (1), item (viii)· applies throughout the law
permanent establishmentmachine translation
「恒久的施設」
A foreign corporation's branch, factory or other fixed place of business in Japan, its site in Japan for construction or installation work or for supervising such work, or a person in Japan with authority to conclude contracts on its behalf, each as a Cabinet Order (政令) specifies; for a foreign corporation covered by a tax treaty Japan has concluded that provides otherwise, what the treaty defines as a permanent establishment (limited to one in Japan).
Defined inArticle 2, paragraph (1), item (xii-19)· applies throughout the law
profit-making business
「収益事業」
A profit-making business as defined in Article 2, item (xiii) of the Corporation Tax Act: a sales, manufacturing or other business set by Cabinet Order (政令) that is carried on continuously from a place of business.
Defined inArticle 2, paragraph (1), item (xiii)· applies throughout the law
group investment trust
「集団投資信託」
A jointly operated trust (合同運用信託); an investment trust under Article 2(3) of the Act on Investment Trusts and Investment Corporations that is a securities investment trust (証券投資信託) or is offered publicly and mainly in Japan as a Cabinet Order (政令) sets, and a foreign investment trust (外国投資信託); or a specified trust issuing beneficiary certificates (特定受益証券発行信託) that meets the conditions Article 2, item (xxix)(c) sets.
Defined inArticle 2, paragraph (1), item (xxix)· applies throughout the law
business yearmachine translation
「事業年度」
In this Act, the period that is the unit for calculating a corporation's assets and profits and losses — its accounting period (会計期間) set by law or by its articles of incorporation or similar rules (定款等), or, where none is set, the period it notified to the district tax office, the one the office designated or the one Article 13, paragraph (4) provides — divided into one-year periods from its first day where it is longer than a year.
Defined inArticle 13, paragraph (1)· applies throughout the law
income attributable to a permanent establishmentmachine translation
「恒久的施設帰属所得」
The domestic source income (国内源泉所得) of a foreign corporation described in Article 138, paragraph (1), item (i): the income attributable to its permanent establishment (恒久的施設) in Japan, worked out as if the permanent establishment were an enterprise independent of the corporation.
Short name set inArticle 144-2, paragraph (1)· applies only in this provision and in Article 144-2, paragraphs (2) and (3); and Article 144-2-2, paragraph (1)
amount equivalent to the foreign tax adjusted at distributionmachine translation
「分配時調整外国税相当額」
In Article 144-2-2, the part, set by a Cabinet Order (政令), of the foreign tax adjusted at distribution (分配時調整外国税) — a tax levied under foreign law and equivalent to income tax, as referred to in Article 176, paragraph (3) of the Income Tax Act and specified by a Cabinet Order — that was credited against the income tax on a distribution of proceeds from a group investment trust (集団投資信託) and that matches the distribution, attributable to its permanent establishment (恒久的施設), that a foreign corporation receives; it is deducted from that corporation's corporation tax on income attributable to the permanent establishment for the business year.
Short name set inArticle 144-2-2, paragraph (1)· applies only in this provision and in Article 144-2-2, paragraphs (2) and (3)