Article 113Acquisition Price of Shares, etc. Acquired Through a Company Split by Split-Off
第百十三条（分割型分割により取得した株式等の取得価額）
In the case where a Resident, with regard to shares held by that Resident (hereinafter in this paragraph referred to as "shares held"), acquires shares in the succeeding corporation in a company split or shares in the succeeding parent corporation in a company split through a company split by split-off prescribed in Article 24, paragraph (1) (Dividend Income) of the Act carried out by the corporation that issued the shares held (limited to a company split by split-off in which no assets other than shares of any one of the succeeding corporation in a company split prescribed in Article 61, paragraph (6), item (iii) (Method of Calculating the Amount of Stated Capital, etc. Corresponding to Shares Held) pertaining to that company split by split-off (hereinafter in this paragraph through paragraph (4) referred to as "succeeding corporation in a company split") or a corporation that has with the succeeding corporation in a company split a relationship specified by Ministry of Finance Order as a relationship of directly or indirectly holding all of the issued shares, etc. of the succeeding corporation in a company split (hereinafter in this paragraph through paragraph (4) referred to as "succeeding parent corporation in a company split") are delivered as assets as a consideration for a split prescribed in Article 2, item (xii)-9, (a) (Definitions) of the Corporation Tax Act; the same applies hereinafter in this paragraph), for the calculation of the assessed value of shares in the succeeding corporation in a company split or shares in the succeeding parent corporation in a company split under Article 105, paragraph (1) (Methods of Valuing Securities) in each year on or after the year that includes the date of that company split by split-off, the acquisition price per share of the acquired shares in the succeeding corporation in a company split (hereinafter in this paragraph referred to as "shares in the succeeding corporation in a company split") or shares in the succeeding parent corporation in a company split (hereinafter in this paragraph referred to as "shares in the succeeding parent corporation in a company split") that serves as the basis of that calculation is the amount calculated by dividing the amount calculated by multiplying the previous acquisition price of one of the shares held by the ratio prescribed in Article 61, paragraph (2), item (ii) pertaining to that company split by split-off by the number of shares in the succeeding corporation in a company split or shares in the succeeding parent corporation in a company split acquired for one of the shares held (where there is an amount deemed to have been received as a dividend of surplus or dividend of profits pursuant to Article 25, paragraph (1), item (ii) (Deemed Dividends in the Case of a Company Split by Split-Off) of the Act, or an amount of expenses required for the acquisition of those shares in the succeeding corporation in a company split or shares in the succeeding parent corporation in a company split, the amount obtained by adding the portion of the amount deemed to have been received and the amount of expenses that corresponds to one share in the succeeding corporation in a company split or one share in the succeeding parent corporation in a company split).
居住者が、その有する株式（以下この項において「所有株式」という。）について、その所有株式を発行した法人の法第二十四条第一項（配当所得）に規定する分割型分割（法人税法第二条第十二号の九イ（定義）に規定する分割対価資産として当該分割型分割に係る第六十一条第六項第三号（所有株式に対応する資本金等の額の計算方法等）に規定する分割承継法人（以下第四項までにおいて「分割承継法人」という。）又は分割承継法人との間に当該分割承継法人の発行済株式等の全部を直接若しくは間接に保有する関係として財務省令で定める関係がある法人（以下第四項までにおいて「分割承継親法人」という。）のうちいずれか一の法人の株式以外の資産が交付されなかつたものに限る。以下この項において同じ。）によりその分割承継法人の株式又は分割承継親法人の株式を取得した場合には、その分割型分割の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）の規定による分割承継法人の株式又は分割承継親法人の株式の評価額の計算については、その計算の基礎となるその取得した分割承継法人の株式（以下この項において「分割承継法人株式」という。）又は分割承継親法人の株式（以下この項において「分割承継親法人株式」という。）の一株当たりの取得価額は、所有株式一株の従前の取得価額に当該分割型分割に係る第六十一条第二項第二号に規定する割合を乗じて計算した金額を所有株式一株について取得した分割承継法人株式又は分割承継親法人株式の数で除して計算した金額（法第二十五条第一項第二号（分割型分割の場合のみなし配当）の規定により剰余金の配当若しくは利益の配当として交付を受けたものとみなされる金額又はその分割承継法人株式若しくは分割承継親法人株式の取得のために要した費用の額がある場合には、当該交付を受けたものとみなされる金額及び費用の額のうち分割承継法人株式又は分割承継親法人株式一株に対応する部分の金額を加算した金額）とする。
In the case where, with regard to shares held by a Resident (hereinafter in this paragraph referred to as "shares held"), a company split by split-off prescribed in Article 24, paragraph (1) of the Act in which the corporation that issued the shares held is the succeeding corporation in a company split (limited to a company split by split-off that falls under a company split without consideration prescribed in Article 4-3, paragraph (6), item (i), (a) (Shareholding Relationships, etc. in Qualified Reorganizations) of the Order for the Enforcement of the Corporation Tax Act and that has the relationship set out in item (ii), (a), (2) of that paragraph; hereinafter in this paragraph and the following paragraph referred to as "company split by split-off without consideration") has taken place, for the calculation of the assessed value of the shares held under Article 105, paragraph (1) in each year on or after the year that includes the date of that company split by split-off without consideration, the acquisition price per share of the shares held that serves as the basis of that calculation is the amount obtained by adding, to the previous acquisition price of one of the shares held, the amount (where there is an amount deemed to have been received as a dividend of surplus or dividend of profits pursuant to Article 25, paragraph (1), item (ii) of the Act, the amount obtained by adding the portion of that amount deemed to have been received that corresponds to one of the shares held) calculated by multiplying the amount calculated by multiplying the previous acquisition price of one old share (meaning shares of the splitting corporation prescribed in Article 61, paragraph (6), item (vi) pertaining to that company split by split-off without consideration (referred to in the following paragraph and paragraph (4) as the "splitting corporation") that the Resident held immediately before that company split by split-off without consideration; the same applies hereinafter in this paragraph) by the ratio prescribed in Article 61, paragraph (2), item (ii) pertaining to that company split by split-off without consideration by the number of those old shares and dividing the result by the number of the shares held, and the shares held are deemed to have been acquired on that date.
居住者の有する株式（以下この項において「所有株式」という。）について、その所有株式を発行した法人を分割承継法人とする法第二十四条第一項に規定する分割型分割（法人税法施行令第四条の三第六項第一号イ（適格組織再編成における株式の保有関係等）に規定する無対価分割に該当するもので同項第二号イ（２）に掲げる関係があるものに限る。以下この項及び次項において「無対価分割型分割」という。）が行われた場合には、その無対価分割型分割の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所有株式の評価額の計算については、その計算の基礎となる所有株式一株当たりの取得価額は、所有株式一株の従前の取得価額に、旧株（当該無対価分割型分割に係る第六十一条第六項第六号に規定する分割法人（次項及び第四項において「分割法人」という。）の株式でその居住者が当該無対価分割型分割の直前に有していたものをいう。以下この項において同じ。）一株の従前の取得価額に当該無対価分割型分割に係る第六十一条第二項第二号に規定する割合を乗じて計算した金額にその旧株の数を乗じてこれをその所有株式の数で除して計算した金額（法第二十五条第一項第二号の規定により剰余金の配当又は利益の配当として交付を受けたものとみなされる金額がある場合には、当該交付を受けたものとみなされる金額のうち所有株式一株に対応する部分の金額を加算した金額）を加算した金額とし、かつ、その所有株式は、同日において取得されたものとみなす。
In the case where a Resident receives shares in the succeeding corporation in a company split, shares in the succeeding parent corporation in a company split, or other assets through a company split by split-off prescribed in Article 24, paragraph (1) of the Act by the corporation that issued shares held by the Resident (hereinafter in this paragraph referred to as "shares held"), or where a company split by split-off without consideration in which the corporation that issued the shares held is the splitting corporation has taken place, for the calculation of the assessed value of the shares held under Article 105, paragraph (1) in each year on or after the year that includes the date of that company split by split-off or company split by split-off without consideration, the acquisition price per share of the shares held that serves as the basis of that calculation is the amount obtained by deducting, from the previous acquisition price of one of the shares held, the amount calculated by multiplying the previous acquisition price of one of the shares held by the ratio prescribed in Article 61, paragraph (2), item (ii) pertaining to that company split by split-off or company split by split-off without consideration, and the shares held are deemed to have been acquired on that date.
居住者の有する株式（以下この項において「所有株式」という。）を発行した法人の法第二十四条第一項に規定する分割型分割によりその居住者が分割承継法人の株式、分割承継親法人の株式その他の資産の交付を受けた場合又は所有株式を発行した法人を分割法人とする無対価分割型分割が行われた場合には、その分割型分割又は無対価分割型分割の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所有株式の評価額の計算については、その計算の基礎となる所有株式一株当たりの取得価額は、所有株式一株の従前の取得価額から所有株式一株の従前の取得価額に当該分割型分割又は無対価分割型分割に係る第六十一条第二項第二号に規定する割合を乗じて計算した金額を控除した金額とし、かつ、その所有株式は、同日において取得されたものとみなす。
Where shares in the succeeding corporation in a company split or shares in the succeeding parent corporation in a company split pertaining to a company split by split-off prescribed in paragraph (1) are not delivered in proportion to the ratio of the number or amount of shares in the splitting corporation held by each Shareholder, Member, or Other Investor of the splitting corporation to the total number or total amount of the issued shares, etc. of the splitting corporation pertaining to that company split by split-off, that company split by split-off is not to be regarded as falling under a company split by split-off prescribed in that paragraph.
A corporation that issued the shares held prescribed in paragraph (3) must, where it has carried out a company split by split-off prescribed in Article 24, paragraph (1) of the Act, notify the individual who held those shares held of the ratio prescribed in paragraph (3) pertaining to that company split by split-off.
In the case where a Resident, with regard to a beneficial interest in a Specified Trust That Issues Beneficiary Certificates held by the Resident (hereinafter in this paragraph referred to as "old beneficial interest"), acquires a beneficial interest in a successor trust through a trust split of the Specified Trust That Issues Beneficiary Certificates pertaining to that old beneficial interest (limited to a trust split in which no assets other than a beneficial interest in the successor trust pertaining to that trust split (meaning a trust that receives a transfer of part of the trust property of another trust having the same trustee through a trust split; the same applies hereinafter through paragraph (8)) are delivered to the beneficiaries of the split trust pertaining to that trust split (meaning a trust that transfers part of its trust property through a trust split as the trust property of another trust having the same trustee or of a new trust; the same applies hereinafter in this paragraph and paragraph (8)) (excluding money or other assets delivered as consideration based on a request for acquisition of a beneficial interest prescribed in Article 103, paragraph (6) (Request for Acquisition of Beneficial Interest) of the Trust Act made by such a beneficiary who opposes the trust split); the same applies hereinafter in this paragraph), for the calculation of the assessed value of the beneficial interest in the successor trust under Article 105, paragraph (1) in each year on or after the year that includes the date of that trust split, the acquisition price per unit of the acquired beneficial interest in the successor trust (hereinafter in this paragraph referred to as "successor trust beneficial interest") that serves as the basis of that calculation is the amount calculated by dividing the amount calculated by multiplying the previous acquisition price of one unit of the old beneficial interest by the ratio that the amount set out in item (ii) bears to the amount set out in item (i) by the number of units of successor trust beneficial interest acquired for one unit of the old beneficial interest (where there is an amount of expenses required for the acquisition of that successor trust beneficial interest, the amount obtained by adding the portion of that amount of expenses that corresponds to one unit of successor trust beneficial interest).
居住者が、その有する特定受益証券発行信託の受益権（以下この項において「旧受益権」という。）について、その旧受益権に係る特定受益証券発行信託の信託の分割（当該信託の分割に係る分割信託（信託の分割によりその信託財産の一部を受託者を同一とする他の信託又は新たな信託の信託財産として移転する信託をいう。以下この項及び第八項において同じ。）の受益者に当該信託の分割に係る承継信託（信託の分割により受託者を同一とする他の信託からその信託財産の一部の移転を受ける信託をいう。以下第八項までにおいて同じ。）の受益権以外の資産（信託の分割に反対する当該受益者に対する信託法第百三条第六項（受益権取得請求）に規定する受益権取得請求に基づく対価として交付される金銭その他の資産を除く。）が交付されなかつたものに限る。以下この項において同じ。）によりその承継信託の受益権を取得した場合には、その信託の分割の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承継信託の受益権の評価額の計算については、その計算の基礎となるその取得した承継信託の受益権（以下この項において「承継信託受益権」という。）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第一号に掲げる金額のうちに第二号に掲げる金額の占める割合を乗じて計算した金額を旧受益権一口について取得した承継信託受益権の口数で除して計算した金額（その承継信託受益権の取得のために要した費用の額がある場合には、当該費用の額のうち承継信託受益権一口に対応する部分の金額を加算した金額）とする。
the amount obtained by deducting, from the sum of the amounts recorded on the balance sheet of the split trust pertaining to that trust split as the value of assets at the end of the most recent calculation period of that split trust that ended before that trust split, the sum of the amounts recorded on that balance sheet as the value of liabilities at that time;
当該信託の分割に係る分割信託の当該信託の分割前に終了した計算期間のうち最も新しいものの終了の時の資産の価額として当該分割信託の貸借対照表に記載された金額の合計額からその時の負債の価額として当該貸借対照表に記載された金額の合計額を控除した金額
the amount obtained by deducting the sum of the amounts recorded in the books of the successor trust pertaining to that trust split as the value of liabilities transferred by that trust split from the sum of the amounts recorded in those books as the value of assets transferred to that successor trust by that trust split (where that amount exceeds the amount set out in the preceding item, the amount set out in that item).
In the case where a Resident receives a beneficial interest in a successor trust or other assets through a trust split of a Specified Trust That Issues Beneficiary Certificates pertaining to a beneficial interest in such a trust held by the Resident (hereinafter in this paragraph referred to as "old beneficial interest"), for the calculation of the assessed value of the old beneficial interest under Article 105, paragraph (1) in each year on or after the year that includes the date of that trust split, the acquisition price per unit of the old beneficial interest that serves as the basis of that calculation is the amount obtained by deducting, from the previous acquisition price of one unit of the old beneficial interest, the amount calculated by multiplying the previous acquisition price of one unit of the old beneficial interest by the ratio prescribed in the preceding paragraph pertaining to that trust split, and the old beneficial interest is deemed to have been acquired on that date.
Where a beneficial interest in the successor trust pertaining to a trust split prescribed in paragraph (6) is not delivered in proportion to the ratio of the number of units or value of the beneficial interest in the split trust held by the beneficiaries of the split trust pertaining to that trust split, that trust split is not to be regarded as falling under a trust split prescribed in that paragraph.
The trustee of a Specified Trust That Issues Beneficiary Certificates pertaining to the old beneficial interest prescribed in paragraph (7) must, where it has carried out a trust split, notify the individual who held that old beneficial interest of the ratio prescribed in that paragraph pertaining to that trust split.
Read this with the articles around it
splitting corporationmachine translation
「分割法人」
A corporation that transfers its assets or liabilities to another in a company split, as defined in Article 2, item (xii)-2 of the Corporation Tax Act, including the trustee corporation (受託法人) of a trust taxed as a corporation that, in a split of a trust, transfers part of its trust property to another trust with the same trustee or to a new trust.
Defined inArticle 61, paragraph (6), item (vi)· applies only in this article
issued shares, etc.machine translation
「発行済株式等」
The issued shares or capital contributions of a corporation, not counting its own shares that it holds.
Short name set inArticle 112, paragraph (1)· applies only in this provision and in Article 113, paragraphs (1) and (4); and Article 113-2, paragraph (3)
succeeding corporation in a company splitmachine translation
「分割承継法人」
A succeeding corporation in a company split as Article 61, paragraph (6), item (iii) defines it: a corporation that receives assets or liabilities from the splitting corporation in a company split (Article 2, item (xii)-3 of the Corporation Tax Act), including the trustee corporation (受託法人) of a trust taxed as a corporation that, in a split of a trust, receives part of the trust property of another trust with the same trustee.
Short name set inArticle 113, paragraph (1)· applies only in this provision and in Article 113, paragraphs (2) to (4)
shares in the succeeding corporation in a company splitmachine translation
「分割承継法人株式」
Shares of the succeeding corporation in a company split (分割承継法人) that a resident acquires in a split-off company split in respect of the shares they hold in the splitting corporation.
Short name set inArticle 113, paragraph (1)· applies only in this paragraph
succeeding parent corporation in a company splitmachine translation
「分割承継親法人」
A corporation that directly or indirectly holds all the issued shares of the succeeding corporation in a company split (分割承継法人), in a relationship a Ministry of Finance Order (財務省令) sets, whose shares may be delivered in a split-off company split in place of the succeeding corporation's own.
Short name set inArticle 113, paragraph (1)· applies only in this provision and in Article 113, paragraphs (2) to (4)
shares in the succeeding parent corporation in a company splitmachine translation
「分割承継親法人株式」
Shares of the succeeding parent corporation in a company split (分割承継親法人) that a resident acquires in a split-off company split in respect of the shares they hold in the splitting corporation.
Short name set inArticle 113, paragraph (1)· applies only in this paragraph
shares heldmachine translation
「所有株式」
In Article 113, paragraph (1), shares a resident holds in a corporation that makes a company split by split-off (分割型分割) in which only shares of one of the succeeding corporation in the split (分割承継法人) and its succeeding parent corporation (分割承継親法人) are delivered, from whose acquisition price the paragraph works out the acquisition price per share of the shares the resident acquires.
Short name set inArticle 113, paragraph (1)· applies only in this paragraph
splitting corporationmachine translation
「分割法人」
A splitting corporation as Article 61, paragraph (6), item (vi) defines it: a corporation that transfers its assets or liabilities to another in a company split (Article 2, item (xii)-2 of the Corporation Tax Act), including the trustee corporation (受託法人) of a trust taxed as a corporation that, in a split of a trust, transfers part of its trust property to another trust with the same trustee or to a new trust.
Short name set inArticle 113, paragraph (2)· applies only in this provision and in Article 113, paragraphs (3) and (4)
shares heldmachine translation
「所有株式」
In Article 113, paragraph (2), shares a resident holds in a corporation that is the succeeding corporation (分割承継法人) in a company split by split-off without consideration (無対価分割型分割) of the kind the paragraph describes, to whose acquisition price per share the paragraph adds, spread over those shares, the part of the acquisition price of the resident's shares in the splitting corporation (分割法人) given by the proportion set in Article 61, paragraph (2), item (ii).
Short name set inArticle 113, paragraph (2)· applies only in this paragraph
old sharesmachine translation
「旧株」
In Article 113, paragraph (2), shares of the splitting corporation (分割法人) that a resident held immediately before a split-off type company split without consideration (無対価分割型分割) to the corporation whose shares the resident holds.
Defined inArticle 113, paragraph (2)· applies only in this paragraph
company split by split-off without considerationmachine translation
「無対価分割型分割」
A company split by split-off (分割型分割) in which the corporation that issued the resident's shares is the successor corporation, limited to one that is a company split without consideration (無対価分割) as Article 4-3, paragraph (6), item (i), (a) of the Order for the Enforcement of the Corporation Tax Act describes and has the relationship listed in item (ii), (a), 2. of that paragraph.
Short name set inArticle 113, paragraph (2)· applies only in this paragraph and in Article 113, paragraph (3)
shares heldmachine translation
「所有株式」
In Article 113, paragraph (3), shares a resident holds in a corporation that makes a company split by split-off (分割型分割) through which the resident receives shares of the succeeding corporation (分割承継法人) or its succeeding parent corporation (分割承継親法人) or other assets, or that is the splitting corporation (分割法人) in a company split by split-off without consideration (無対価分割型分割), whose acquisition price per share the paragraph reduces by the proportion set in Article 61, paragraph (2), item (ii).
Short name set inArticle 113, paragraph (3)· applies only in this paragraph
split trustmachine translation
「分割信託」
A trust that, by a split of the trust (信託の分割), transfers part of its trust property to another trust with the same trustee or to a new trust.
Defined inArticle 113, paragraph (6)· applies only in this paragraph and in Article 113, paragraph (8)
successor trustmachine translation
「承継信託」
In Article 113, paragraphs (6) to (8), in a trust split (信託の分割), the trust that receives part of the trust property of another trust with the same trustee.
Defined inArticle 113, paragraph (6)· applies only in this provision and in Article 113, paragraphs (7) and (8)
successor trust beneficial interestmachine translation
「承継信託受益権」
In Article 113, paragraph (6), the beneficial interest in a successor trust (承継信託) that a resident acquires when a specified trust that issues beneficiary certificates (特定受益証券発行信託), in which they hold a beneficial interest, is split and the beneficiaries receive no assets other than that interest.
Short name set inArticle 113, paragraph (6)· applies only in this paragraph
old beneficial interestmachine translation
「旧受益権」
In Article 113, paragraph (6), a resident's beneficial interest in a specified trust that issues beneficiary certificates (特定受益証券発行信託), held before a trust split (信託の分割) through which the resident acquires beneficial interests in the successor trust (承継信託).
Short name set inArticle 113, paragraph (6)· applies only in this paragraph
old beneficial interestmachine translation
「旧受益権」
In Article 113, paragraph (7), a resident's beneficial interest in a specified trust that issues beneficiary certificates (特定受益証券発行信託) whose split gives the resident beneficial interests in the successor trust (承継信託) or other assets.
Short name set inArticle 113, paragraph (7)· applies only in this paragraph