Article 110Acquisition Price of Shares, etc. in the Case of a Share Split or Consolidation
第百十条（株式の分割又は併合の場合の株式等の取得価額）
In the case where, with respect to shares held by a Resident, a split or consolidation of those shares (hereinafter in this paragraph referred to as "old shares") has occurred, for the calculation of the assessed value of the shares held after the split or consolidation (meaning shares of the corporation that issued the old shares that the Resident holds immediately after that split or consolidation; the same applies hereinafter in this paragraph) under Article 105, paragraph (1) (Valuation Methods for Securities) for each year on or after the year in which the day of that split or consolidation falls, the acquisition price per share (per unit for capital contributions and investment units; the same applies hereinafter in this Division) of the shares held after the split or consolidation that forms the basis for that calculation is to be the amount calculated by multiplying the previous acquisition price of one old share by the number of old shares and dividing the result by the number of shares held after the split or consolidation, and, if old shares are included in the shares held after the split or consolidation, those old shares are deemed to have been acquired on that same day.
居住者の有する株式について、その株式（以下この項において「旧株」という。）の分割又は併合があつた場合には、その分割又は併合があつた日の属する年以後の各年における第百五条第一項（有価証券の評価の方法）の規定による分割又は併合後の所有株式（旧株を発行した法人の株式で、当該分割又は併合の直後に当該居住者が有するものをいう。以下この項において同じ。）の評価額の計算については、その計算の基礎となる分割又は併合後の所有株式の一株（出資及び投資口については、一口。以下この目において同じ。）当たりの取得価額は、旧株一株の従前の取得価額に旧株の数を乗じてこれを分割又は併合後の所有株式の数で除して計算した金額とし、かつ、その分割又は併合後の所有株式のうちに旧株が含まれているときは、その旧株は、同日において取得されたものとみなす。
In the case where, with respect to beneficial interests in an Investment Trust or a Specified Trust That Issues Beneficiary Certificates held by a Resident, a split or consolidation of those beneficial interests (hereinafter in this paragraph referred to as "old beneficial interests") has occurred, for the calculation of the assessed value of the beneficial interests held after the split or consolidation (meaning beneficial interests in the Investment Trust or the Specified Trust That Issues Beneficiary Certificates pertaining to the old beneficial interests that the Resident holds immediately after that split or consolidation; the same applies hereinafter in this paragraph) under Article 105, paragraph (1) for each year on or after the year in which the day of that split or consolidation falls, the acquisition price per unit of the beneficial interests held after the split or consolidation that forms the basis for that calculation is to be the amount calculated by multiplying the previous acquisition price of one unit of old beneficial interests by the number of units of old beneficial interests and dividing the result by the number of units of beneficial interests held after the split or consolidation, and, if old beneficial interests are included in the beneficial interests held after the split or consolidation, those old beneficial interests are deemed to have been acquired on that same day.
居住者の有する投資信託又は特定受益証券発行信託の受益権について、その受益権（以下この項において「旧受益権」という。）の分割又は併合があつた場合には、その分割又は併合があつた日の属する年以後の各年における第百五条第一項の規定による分割又は併合後の所有受益権（旧受益権に係る投資信託又は特定受益証券発行信託の受益権で、当該分割又は併合の直後に当該居住者が有するものをいう。以下この項において同じ。）の評価額の計算については、その計算の基礎となる分割又は併合後の所有受益権の一口当たりの取得価額は、旧受益権一口の従前の取得価額に旧受益権の口数を乗じてこれを分割又は併合後の所有受益権の口数で除して計算した金額とし、かつ、その分割又は併合後の所有受益権のうちに旧受益権が含まれているときは、その旧受益権は、同日において取得されたものとみなす。
Read this with the articles around it
investment unitmachine translation
「投資口」
An investment unit as defined in Article 2, paragraph (14) of the Act on Investment Trusts and Investment Corporations: the position of a member (社員) of an investment corporation (投資法人), divided into equal fractional units.
Defined inArticle 109, paragraph (1), item (iv)· applies only in this provision and in Article 110, paragraph (1)
shares heldmachine translation
「所有株式」
In Article 110, paragraph (1), the shares of the corporation that issued a resident's old shares (旧株) which the resident holds immediately after those shares are split or consolidated, whose acquisition price per share the paragraph works out from the old shares' acquisition price.
Defined inArticle 110, paragraph (1)· applies only in this paragraph
old sharesmachine translation
「旧株」
In Article 110, paragraph (1), a resident's shares as they were before being split or consolidated.
Short name set inArticle 110, paragraph (1)· applies only in this paragraph
beneficial interest heldmachine translation
「所有受益権」
In Article 110, paragraph (2), the beneficial interests in an investment trust or specified beneficiary certificate-issuing trust that a resident holds immediately after a split or consolidation of their old beneficial interests (旧受益権); their acquisition price per unit is the old total spread over the new number of units.
Defined inArticle 110, paragraph (2)· applies only in this paragraph
old beneficial interestmachine translation
「旧受益権」
In Article 110, paragraph (2), a resident's beneficial interest in an investment trust or a specified trust that issues beneficiary certificates (特定受益証券発行信託) as it was before being split or consolidated.
Short name set inArticle 110, paragraph (2)· applies only in this paragraph