The amount specified by Cabinet Order as the portion to be carried over to that year prescribed in Article 95, paragraph (2) (Foreign Tax Credit) of the Act is the amount equivalent to the sum of the unused portions within the maximum creditable amount for national tax that would be applied to the amount exceeding the credit limit for that year if the unused portion within the maximum creditable amount for national tax or the unused portion within the maximum creditable amount for local taxes of each of the years within the three years up to and including the year preceding that year (referred to in the following paragraph and paragraph (1) of the following Article as "each year within the previous three years") were applied to the amount exceeding the credit limit for that year in order from the oldest year, and, for the same year, in the order of the unused portion within the maximum creditable amount for national tax and then the unused portion within the maximum creditable amount for local taxes.
If the amount of credit-eligible foreign income tax prescribed in Article 95, paragraph (1) of the Act that became payable in any one year of each year within the previous three years (hereinafter in this Article and Article 226 referred to as the "amount of credit-eligible foreign income tax") is included in necessary expenses in calculating the amount of real property income, the amount of business income, the amount of timber income or the amount of miscellaneous income for the year in which it became payable, or is included in the amount expended in calculating the amount of occasional income, the provisions of the preceding paragraph apply treating the unused portion within the maximum creditable amount for national tax and the unused portion within the maximum creditable amount for local taxes for each year up to and including that year as not being included in the unused portion within the maximum creditable amount for national tax and the unused portion within the maximum creditable amount for local taxes prescribed in that paragraph.
With regard to the application of the provisions of paragraph (1) and paragraph (1) of the following Article for each year after the year in which Article 95, paragraph (2) of the Act can be applied, the unused portion within the maximum creditable amount for national tax and the unused portion within the maximum creditable amount for local taxes that are to be applied, under the provisions of paragraph (1), to the amount exceeding the credit limit for the year in which that application can be received, and that amount exceeding the credit limit equivalent to the sum of those amounts, are deemed not to exist.
The unused portion within the maximum creditable amount for national tax prescribed in the preceding three paragraphs means the amount equivalent to the amount obtained by deducting the amount of credit-eligible foreign income tax from the maximum credit for national tax for that year (meaning the maximum credit prescribed in Article 95, paragraph (1) of the Act; the same applies hereinafter in this Article) where the amount of credit-eligible foreign income tax that becomes payable in that year is less than that maximum credit for national tax.
前三項に規定する国税の控除余裕額とは、その年において納付することとなる控除対象外国所得税の額がその年の国税の控除限度額（法第九十五条第一項に規定する控除限度額をいう。以下この条において同じ。）に満たない場合における当該国税の控除限度額から当該控除対象外国所得税の額を控除した金額に相当する金額をいう。
The unused portion within the maximum creditable amount for local taxes prescribed in paragraphs (1) through (3) means the amount set out in each of the following items in accordance with the categories of cases set out in those items.
第一項から第三項までに規定する地方税の控除余裕額とは、次の各号に掲げる場合の区分に応じ当該各号に掲げる金額をいう。
if the amount of credit-eligible foreign income tax that becomes payable in that year does not exceed the maximum credit for national tax for that year: the amount equivalent to the maximum credit for local taxes for that year (meaning the sum prescribed in the preceding Article; the same applies hereinafter in this Article);
その年において納付することとなる控除対象外国所得税の額がその年の国税の控除限度額を超えない場合 その年の地方税の控除限度額（前条に規定する合計額をいう。以下この条において同じ。）に相当する金額
if the amount of credit-eligible foreign income tax that becomes payable in that year exceeds the maximum credit for national tax for that year and the amount of the excess is less than the maximum credit for local taxes for that year: the amount equivalent to the amount obtained by deducting the amount of that excess from that maximum credit for local taxes.
その年において納付することとなる控除対象外国所得税の額がその年の国税の控除限度額を超え、かつ、その超える部分の金額がその年の地方税の控除限度額に満たない場合 当該地方税の控除限度額から当該超える部分の金額を控除した金額に相当する金額
The amount exceeding the credit limit prescribed in paragraphs (1) and (3) means the amount equivalent to the amount of the excess where the amount of credit-eligible foreign income tax that becomes payable in that year exceeds the sum of the maximum credit for national tax and the maximum credit for local taxes for that year.
第一項及び第三項に規定する控除限度超過額とは、その年において納付することとなる控除対象外国所得税の額がその年の国税の控除限度額と地方税の控除限度額との合計額を超える場合におけるその超える部分の金額に相当する金額をいう。
Read this with the articles around it
each year within the previous three yearsmachine translation
「前三年以内の各年」
Each of the three years before the year in question, whose unused foreign tax credit limits can be carried forward into it.
Short name set inArticle 224, paragraph (1)· applies only in this provision and in Article 224, paragraph (2); and Article 225, paragraph (1)
amount of credit-eligible foreign income taxmachine translation
「控除対象外国所得税の額」
In Articles 224 and 226, the credit-eligible foreign income tax as defined in Article 95, paragraph (1) of the Income Tax Act: the foreign income tax a resident has to pay that can be credited against Japanese income tax, leaving out tax on income from transactions not regarded as ordinary and other foreign income tax a Cabinet Order (政令) specifies.
Short name set inArticle 224, paragraph (2)· applies only in this article and in Article 226
maximum credit for national taxmachine translation
「国税の控除限度額」
In Article 224, the maximum credit as defined in Article 95, paragraph (1) of the Income Tax Act: the most foreign income tax a resident can credit against the year's Japanese income tax.
Defined inArticle 224, paragraph (4)· applies only in this article
maximum creditmachine translation
「控除限度額」
In Article 224, the maximum credit for local tax: the total, set out in Article 223, of the limits on deducting foreign income tax from prefectural inhabitants' tax and from municipal inhabitants' tax.
Defined inArticle 224, paragraph (5), item (i)· applies only in this article