第三十九条の二（外国子会社から受ける配当等に係る外国源泉税等の損金不算入）
In the case where a domestic corporation is subject to the provisions of Article 23-2, paragraph (1) (Exclusion of Dividends Received from Foreign Subsidiaries from Gross Profits) with regard to the amount of dividend of surplus, etc. prescribed in that paragraph that it receives from a foreign subsidiary prescribed in that paragraph (hereinafter referred to as the "amount of dividend of surplus, etc." in this Article) (including the case specified by Cabinet Order as a case where a foreign country's corporate tax (meaning the foreign country's corporate tax prescribed in Article 69, paragraph (1) (Foreign Tax Credit); hereinafter the same applies in this Article) is imposed on the amount used as the basis of the calculation of the amount of dividend of surplus, etc.), the amount of foreign withholding tax, etc. pertaining to the amount of dividend of surplus, etc. (excluding the amount of the portion to which the provisions of Article 23-2, paragraph (2) apply) (meaning the amount of a foreign country's corporate tax imposed, with the amount of dividend of surplus, etc. as the tax base, by a method similar to the method of withholding at source prescribed in Article 2, paragraph (1), item (xlv) (Definitions) of the Income Tax Act, and the amount of a foreign country's corporate tax specified by Cabinet Order as being imposed with the amount used as the basis of the calculation of the amount of dividend of surplus, etc. as the tax base) is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.
内国法人が第二十三条の二第一項（外国子会社から受ける配当等の益金不算入）に規定する外国子会社から受ける同項に規定する剰余金の配当等の額（以下この条において「剰余金の配当等の額」という。）につき同項の規定の適用を受ける場合（剰余金の配当等の額の計算の基礎とされる金額に対して外国法人税（第六十九条第一項（外国税額の控除）に規定する外国法人税をいう。以下この条において同じ。）が課される場合として政令で定める場合を含む。）には、当該剰余金の配当等の額（第二十三条の二第二項の規定の適用を受ける部分の金額を除く。）に係る外国源泉税等の額（剰余金の配当等の額を課税標準として所得税法第二条第一項第四十五号（定義）に規定する源泉徴収の方法に類する方法により課される外国法人税の額及び剰余金の配当等の額の計算の基礎とされる金額を課税標準として課されるものとして政令で定める外国法人税の額をいう。）は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。
第四十条（法人税額から控除する所得税額の損金不算入）
In the case where a domestic corporation seeks the application of the provisions of Article 68, paragraph (1) (Income Tax Credit), 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 amount of income tax prescribed in Article 68, paragraph (1), the amount equivalent to the amount to be credited or refunded pursuant to these provisions is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.
Article 41Exclusion of Foreign Taxes Credited Against the Corporation Tax from Deductible Expenses
第四十一条（法人税額から控除する外国税額の損金不算入）
In 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.
In 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.
第四十一条の二（分配時調整外国税相当額の損金不算入）
In the case where a domestic corporation seeks the application of the provisions of Article 69-2, paragraph (1) (Credit for Amount Equivalent to the Foreign Tax Adjusted at Distribution) with regard to the amount equivalent to the foreign tax adjusted at distribution prescribed in that paragraph pertaining to the amount of income tax on the distribution of proceeds of a group investment trust of which it receives payment, the amount equivalent to the foreign tax adjusted at distribution pertaining to the amount of income tax on the distribution of proceeds of which it receives payment is excluded from deductible expenses, when calculating the amount of income of the domestic corporation for each business year.
内国法人が支払を受ける集団投資信託の収益の分配に係る所得税の額に係る第六十九条の二第一項（分配時調整外国税相当額の控除）に規定する分配時調整外国税相当額につき同項の規定の適用を受ける場合には、その支払を受ける収益の分配に係る所得税の額に係る当該分配時調整外国税相当額は、その内国法人の各事業年度の所得の金額の計算上、損金の額に算入しない。
Division 6 Advanced Depreciation by Reduction of Book Value of Assets
第六目 圧縮記帳
第四十二条（国庫補助金等で取得した固定資産等の圧縮額の損金算入）
In the case where a domestic corporation (excluding a domestic corporation in liquidation; hereinafter the same applies in this Article) has received in each business year subsidies or benefits from the national or a local government or any other financial assistance as specified by Cabinet Order as being equivalent thereto (hereinafter referred to as "national subsidies, etc." through to Article 44) for the purpose of spending them to acquire or improve its fixed assets (limited to the case where it is determined that the national subsidies, etc. need not be returned by the end of the business year), when, with regard to fixed assets that it has acquired or improved by the end of the business year in line with the purpose of the delivery, their book value has been reduced, with the reduction accounted for as a loss, within the limit of the amount equivalent to the amount of the national subsidies, etc. received in the business year (if the fixed assets are depreciable assets acquired or improved in a business year prior to the business year, the amount calculated as specified by Cabinet Order on the basis of the amount of the national subsidies, etc.; hereinafter referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.
内国法人（清算中のものを除く。以下この条において同じ。）が、各事業年度において固定資産の取得又は改良に充てるための国又は地方公共団体の補助金又は給付金その他政令で定めるこれらに準ずるもの（以下第四十四条までにおいて「国庫補助金等」という。）の交付を受けた場合（その国庫補助金等の返還を要しないことが当該事業年度終了の時までに確定した場合に限る。）において、当該事業年度終了の時までに取得又は改良をしたその交付の目的に適合した固定資産につき、当該事業年度においてその交付を受けた国庫補助金等の額に相当する金額（その固定資産が当該事業年度前の各事業年度において取得又は改良をした減価償却資産である場合には、当該国庫補助金等の額を基礎として政令で定めるところにより計算した金額。以下この項において「圧縮限度額」という。）の範囲内でその帳簿価額を損金経理により減額し、又はその圧縮限度額以下の金額を当該事業年度の確定した決算において積立金として積み立てる方法（政令で定める方法を含む。）により経理したときは、その減額し又は経理した金額に相当する金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。
In the case where a domestic corporation has acquired fixed assets which are delivered in lieu of national subsidies, etc. in each business year, when, in the business year, their book value has been reduced, with the reduction accounted for as a loss, within the limit equivalent to the value of the fixed assets (hereinafter such limit is referred to as the "advanced depreciation limit" in this paragraph) or the amount not exceeding the advanced depreciation limit has been booked in such a manner as to save it as a reserve (including in a manner as specified by Cabinet Order) in the final settlement of the accounts in the business year, the amount equivalent to the amount reduced or booked as above is included in deductible expenses, when calculating the amount of income for the business year.
The provisions of the preceding two paragraphs apply only in the case where a tax return contains a detailed statement concerning the inclusion in deductible expenses of the amount equivalent to the amount reduced or booked as prescribed in these provisions.
Even in the case where a tax return without entries for the matters set forth in the preceding paragraph has been filed, the district director of the tax office may apply the provisions of paragraph (1) or paragraph (2), when they find any unavoidable grounds for the person's failure to make entries for such matters.
In the case where a domestic corporation transfers, as a result of a qualified company split, qualified capital contribution in kind, or qualified in-kind distribution (hereinafter referred to as a "qualified company split, etc." in this Article), any of the fixed assets that it has acquired or improved by the time immediately prior to the qualified company split, etc. (limited to those in line with the purpose of the national subsidies, etc. received during the period from the beginning of the business year containing the date of the qualified company split, etc. to that time immediately prior) to a succeeding corporation in a company split, corporation receiving a capital contribution in kind, or corporation receiving a distribution in kind (referred to as a "succeeding corporation in a company split, etc." in the following paragraph) (limited to the case where it is determined that the national subsidies, etc. need not be returned by the time immediately prior to the qualified company split, etc.), when, in the business year, the book value of the fixed assets has been reduced to within the limit of the amount equivalent to the advanced depreciation limit prescribed in paragraph (1), the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.
内国法人が、適格分割、適格現物出資又は適格現物分配（以下この条において「適格分割等」という。）により当該適格分割等の直前の時までに取得又は改良をした固定資産（当該適格分割等の日の属する事業年度開始の時から当該直前の時までの期間内に交付を受けた国庫補助金等の交付の目的に適合したものに限る。）を分割承継法人、被現物出資法人又は被現物分配法人（次項において「分割承継法人等」という。）に移転する場合（当該国庫補助金等の返還を要しないことが当該直前の時までに確定した場合に限る。）において、当該固定資産につき、当該事業年度において第一項に規定する圧縮限度額に相当する金額の範囲内でその帳簿価額を減額したときは、その減額した金額に相当する金額は、当該事業年度の所得の金額の計算上、損金の額に算入する。
In the case where a domestic corporation transfers, as a result of a qualified company split, etc., any of the fixed assets as prescribed in paragraph (2) (limited to those acquired during the period from the beginning of the business year containing the date of the qualified company split, etc. to immediately prior to the qualified company split, etc.) to a succeeding corporation in a company split, etc., when, in the business year, the book value of the fixed assets has been reduced to within the limit equivalent to the value of the fixed assets, the amount equivalent to the amount reduced as above is included in deductible expenses, when calculating the amount of income for the business year.
The provisions of the preceding two paragraphs apply only in the case where the domestic corporation prescribed in these provisions has submitted documents stating the amount equivalent to the reduced amount prescribed in these provisions and other matters specified by Ministry of Finance Order to the competent district director with jurisdiction over the place for tax payment, within two months on or after the date of the qualified company split, etc.
In the case where an acquiring corporation, succeeding corporation in a company split, corporation receiving a capital contribution in kind, or corporation receiving a distribution in kind has received the transfer of any of the fixed assets to which the provisions of paragraph (1), paragraph (2), paragraph (5), or paragraph (6) had been applied under an acquired corporation, splitting corporation, corporation making a capital contribution in kind, or corporation making a distribution in kind, as a result of a qualified merger, qualified company split, qualified capital contribution in kind, or qualified in-kind distribution, the acquisition cost of the fixed assets and other necessary matters concerning the application of the provisions of the preceding paragraphs are specified by Cabinet Order.