①In the case where a domestic corporation (excluding a group tax sharing corporation) seeks the application of the provisions of Article 69, Article 78, paragraph (1) (Refund of Income Tax), or Article 133, paragraph (1) (Refund of Income Tax due to Reassessment, etc.) with regard to the creditable amount of the foreign country's corporate tax (meaning the creditable amount of the foreign country's corporate tax prescribed in Article 69, paragraph (1) (Foreign Tax Credit); hereinafter the same applies in this Article), the creditable amount of the foreign country's corporate tax is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.

②In the case where a group tax sharing corporation, or another group tax sharing corporation that has a group tax sharing full controlling interest with the group tax sharing corporation as of the end of each business year of the group tax sharing corporation (limited to a business year ending on the last day of the business year of the group tax sharing parent corporation pertaining to the group tax sharing corporation), seeks the application of the provisions of Article 69, Article 78, paragraph (1), or Article 133, paragraph (1) with regard to the creditable amount of the foreign country's corporate tax, the creditable amount of the foreign country's corporate tax that the group tax sharing corporation is to pay is excluded from deductible expenses, when calculating the amount of income of the group tax sharing corporation for each business year.