Article 64-12Gains or Losses on the Fair Valuation of Assets Accompanying Participation in the Group Tax Sharing System
第六十四条の十二（通算制度への加入に伴う資産の時価評価損益）
The valuation gain (meaning, in the case where the value at that time exceeds the book value at that time, the amount of the excess) or the valuation loss (meaning, in the case where the book value at that time exceeds the value at that time, the amount of the excess) of the assets evaluated by fair value (meaning Fixed Assets, land (including any right on land and excluding land that falls under the category of Fixed Assets), securities, monetary claims and deferred assets (excluding those of these assets specified by Cabinet Order as not being suitable for the booking of valuation gains or losses)) held as of the end of the business year immediately before joining group tax sharing (meaning the business year of the other domestic corporation containing the day preceding the day on which the group tax sharing approval becomes effective for the other domestic corporation; the same applies hereinafter in this paragraph) by another domestic corporation prescribed in Article 64-9, paragraph (11) or paragraph (12) (Group Tax Sharing Approval) to which the provisions of those paragraphs apply (excluding the following) is included in gross profits or deductible expenses, when calculating the amount of income for the business year immediately before joining group tax sharing:
第六十四条の九第十一項又は第十二項（通算承認）の規定の適用を受けるこれらの規定に規定する他の内国法人（次に掲げるものを除く。）が通算加入直前事業年度（当該他の内国法人について通算承認の効力が生ずる日の前日の属する当該他の内国法人の事業年度をいう。以下この項において同じ。）終了の時に有する時価評価資産（固定資産、土地（土地の上に存する権利を含み、固定資産に該当するものを除く。）、有価証券、金銭債権及び繰延資産（これらの資産のうち評価損益の計上に適しないものとして政令で定めるものを除く。）をいう。）の評価益の額（その時の価額がその時の帳簿価額を超える場合のその超える部分の金額をいう。）又は評価損の額（その時の帳簿価額がその時の価額を超える場合のその超える部分の金額をいう。）は、当該通算加入直前事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。
in the case where a group tax sharing corporation has established a corporation that has a full controlling interest held by the group tax sharing parent corporation pertaining to the group tax sharing corporation, that corporation;
in the case where a group tax sharing parent corporation has come to have, with a corporation, a full controlling interest held by the group tax sharing parent corporation (limited to the case where, immediately before it came to have that interest, there was a controlling interest held by the group tax sharing parent corporation between the group tax sharing parent corporation and the corporation) and all of the following requirements are met, that corporation (limited to one falling under the case specified by Cabinet Order as a case where a full controlling interest held by the group tax sharing parent corporation is expected to continue between the group tax sharing parent corporation and that corporation, and excluding a wholly owned subsidiary corporation in a share exchange or similar act involved in a share exchange, etc. that falls under none of (a) through (c) of Article 2, item (xii)-17 (Definitions), through which it came to have the full controlling interest):
通算親法人が法人との間に当該通算親法人による完全支配関係を有することとなつた場合（その有することとなつた時の直前において当該通算親法人と当該法人との間に当該通算親法人による支配関係がある場合に限る。）で、かつ、次に掲げる要件の全てに該当する場合における当該法人（当該通算親法人との間に当該通算親法人による完全支配関係が継続することが見込まれている場合として政令で定める場合に該当するものに限るものとし、第二条第十二号の十七イからハまで（定義）のいずれにも該当しない株式交換等により完全支配関係を有することとなつた当該株式交換等に係る株式交換等完全子法人を除く。）
it is expected that approximately 80 percent or more of the total number of employees of the corporation immediately before it comes to have the full controlling interest will continue to engage in the operations of the corporation (including the operations of a corporation that has a full controlling interest with the corporation);
当該法人の当該完全支配関係を有することとなる時の直前の従業者のうち、その総数のおおむね百分の八十以上に相当する数の者が当該法人の業務（当該法人との間に完全支配関係がある法人の業務を含む。）に引き続き従事することが見込まれていること。
it is expected that the main business conducted by the corporation before it comes to have the full controlling interest will continue to be conducted by the corporation (including a corporation that has a full controlling interest with the corporation).
当該法人の当該完全支配関係を有することとなる前に行う主要な事業が当該法人（当該法人との間に完全支配関係がある法人を含む。）において引き続き行われることが見込まれていること。
in the case where a group tax sharing parent corporation has come to have, with a corporation, a full controlling interest held by the group tax sharing parent corporation, and the case falls under the case specified by Cabinet Order as a case where the group tax sharing parent corporation or another group tax sharing corporation and the corporation conduct business jointly, that corporation (limited to one falling under the case specified by Cabinet Order as a case where a full controlling interest held by the group tax sharing parent corporation is expected to continue between the group tax sharing parent corporation and that corporation, and excluding a wholly owned subsidiary corporation in a share exchange or similar act involved in a share exchange, etc. that falls under none of (a) through (c) of Article 2, item (xii)-17, through which it came to have the full controlling interest).
通算親法人が法人との間に当該通算親法人による完全支配関係を有することとなつた場合で、かつ、当該通算親法人又は他の通算法人と当該法人とが共同で事業を行う場合として政令で定める場合に該当する場合における当該法人（当該通算親法人との間に当該通算親法人による完全支配関係が継続することが見込まれている場合として政令で定める場合に該当するものに限るものとし、第二条第十二号の十七イからハまでのいずれにも該当しない株式交換等により完全支配関係を有することとなつた当該株式交換等に係る株式交換等完全子法人を除く。）
The valuation gain (meaning, in the case where the value at that time exceeds the book value at that time, the amount of the excess) or the valuation loss (meaning, in the case where the book value at that time exceeds the value at that time, the amount of the excess) of the shares or capital contributions (in the case where the provisions of the preceding paragraph apply in the business year of the corporation holding shares, etc. containing the day preceding that day, excluding those that fall under the category of assets evaluated by fair value prescribed in that paragraph) held, as of the day on which the group tax sharing approval became effective for the other domestic corporation prescribed in the preceding paragraph (excluding one falling under the case specified by Cabinet Order as a case where a full controlling interest held by the group tax sharing parent corporation is expected to continue between the group tax sharing parent corporation and that other domestic corporation, and a corporation specified by Cabinet Order as a corporation not subject to the provisions of Article 64-5 (Aggregation of Profits and Losses)), by a domestic corporation that holds shares of or capital contributions to the other domestic corporation (hereinafter referred to as the "corporation holding shares, etc." in this paragraph) is included in gross profits or deductible expenses, when calculating the amount of income for the business year of the corporation holding shares, etc. containing that preceding day.
前項に規定する他の内国法人（通算親法人との間に当該通算親法人による完全支配関係が継続することが見込まれている場合として政令で定める場合に該当するもの及び第六十四条の五（損益通算）の規定の適用を受けない法人として政令で定める法人を除く。）について通算承認の効力が生じた日において当該他の内国法人の株式又は出資を有する内国法人（以下この項において「株式等保有法人」という。）の当該株式又は出資（同日の前日の属する当該株式等保有法人の事業年度において前項の規定の適用がある場合には、同項に規定する時価評価資産に該当するものを除く。）の評価益の額（その時の価額がその時の帳簿価額を超える場合のその超える部分の金額をいう。）又は評価損の額（その時の帳簿価額がその時の価額を超える場合のその超える部分の金額をいう。）は、当該前日の属する当該株式等保有法人の事業年度の所得の金額の計算上、益金の額又は損金の額に算入する。
The book value of assets whose valuation gain or valuation loss prescribed in the preceding two paragraphs has been included in gross profits or deductible expenses under those provisions and other necessary matters concerning the application of those provisions are specified by Cabinet Order.
前二項の規定によりこれらの規定に規定する評価益の額又は評価損の額を益金の額又は損金の額に算入された資産の帳簿価額その他これらの規定の適用に関し必要な事項は、政令で定める。