Article 62-2Succession of Assets at Book Value as a Result of Qualified Merger and Qualified Company Split by Split-Off
第六十二条の二（適格合併及び適格分割型分割による資産等の帳簿価額による引継ぎ）
When a domestic corporation has transferred, as a result of a qualified merger, its assets and liabilities to an acquiring corporation, the amount of income of the domestic corporation for each business year is calculated by deeming that the domestic corporation has succeeded to the transferred assets and liabilities to the acquiring corporation at the amount specified by Cabinet Order as their book value as of the end of the final business year pertaining to the qualified merger, notwithstanding the provisions of paragraph (1) and paragraph (2) of the preceding Article.
When a domestic corporation has transferred its assets or has also transferred its liabilities with its assets to a succeeding corporation in a company split, as a result of a Qualified Company Split by Split-Off, the amount of income of the domestic corporation for each business year is calculated by deeming that the domestic corporation has had the succeeding corporation in a company split succeed to the transferred assets and liabilities at their book value as of immediately prior to the Qualified Company Split by Split-Off, notwithstanding the provisions of paragraph (1) of the preceding Article.
In the case referred to in the preceding paragraph, the value of the shares of the succeeding corporation in a company split set forth in that paragraph or of a succeeding parent corporation in a company split as prescribed in Article 2, item (xii)-11 (Definitions), delivered by the succeeding corporation in a company split to the domestic corporation set forth in that paragraph, as of the time of the delivery is to be the amount specified by Cabinet Order based on the book value of the assets and liabilities transferred as a result of the Qualified Company Split by Split-Off set forth in that paragraph.
The value of the assets and liabilities that an acquiring corporation or succeeding corporation in a company split is to succeed to and other necessary matters concerning the application of the provisions of the preceding three paragraphs are specified by Cabinet Order.