Article 36-7Foreign Exchange Futures Contracts That Fix the Yen Equivalent of Foreign Currency at the Time of Occurrence of Assets and Liabilities in a Foreign Currency
第三十六条の七(外貨建資産・負債の発生時の外国通貨の円換算額を確定させる先物外国為替契約)
The contracts specified by Ministry of Finance Order as prescribed in Article 167-6, paragraph (1) (Conversion, etc. of Assets and Liabilities in a Foreign Currency Whose Yen Equivalent of Foreign Currency at the Time of Occurrence Is Fixed by Foreign Exchange Futures Contract) of the Order are, among contracts pertaining to transactions in which the occurrence, change or extinction of a claim under a sales contract of means of payment denominated in a foreign currency (meaning means of payment prescribed in Article 6, paragraph (1), item (vii) (Definitions) of the Foreign Exchange and Foreign Trade Act (Act No. 228 of 1949)) or foreign currency claims (meaning claims for which payment may be received in a foreign currency) is executed at a certain time after the date of conclusion of that sales contract at a certain foreign exchange rate (referred to as "foreign exchange futures transaction" in paragraph (1) of the following Article), contracts that fix the yen equivalent (meaning the yen equivalent prescribed in Article 57-3, paragraph (1) of the Act; the same applies in paragraph (1) of the following Article) of the amount of foreign currency to be paid or received in connection with a transaction in a foreign currency (meaning a transaction in a foreign currency prescribed in Article 57-3, paragraph (1) (Conversion of Transactions in a Foreign Currency) of the Act; the same applies in the following paragraph and paragraph (2) of the following Article) that is the cause of acquisition or occurrence of the assets and liabilities in a foreign currency prescribed in Article 167-6, paragraph (1) of the Order.
令第百六十七条の六第一項(先物外国為替契約により発生時の外国通貨の円換算額を確定させた外貨建資産・負債の換算等)に規定する財務省令で定める契約は、外国通貨をもつて表示される支払手段(外国為替及び外国貿易法(昭和二十四年法律第二百二十八号)第六条第一項第七号(定義)に規定する支払手段をいう。)又は外貨債権(外国通貨をもつて支払を受けることができる債権をいう。)の売買契約に基づく債権の発生、変更又は消滅に係る取引をその売買契約の締結の日後の一定の時期に一定の外国為替の売買相場により実行する取引(次条第一項において「先物外国為替取引」という。)に係る契約のうち令第百六十七条の六第一項に規定する外貨建資産・負債の取得又は発生の基因となる外貨建取引(法第五十七条の三第一項(外貨建取引の換算)に規定する外貨建取引をいう。次項及び次条第二項において同じ。)に伴つて支払い、又は受け取る外国通貨の金額の円換算額(法第五十七条の三第一項に規定する円換算額をいう。次条第一項において同じ。)を確定させる契約とする。
The case where, as specified by Ministry of Finance Order as prescribed in Article 167-6, paragraph (1) of the Order, matters are recorded in books and documents or other documents specified by Ministry of Finance Order is a case where, on the date of conclusion of the foreign exchange futures contract prescribed in that paragraph (referred to as "foreign exchange futures contract" in the following paragraph), the fact that the contract falls under the provisions of Article 167-6, paragraph (1) of the Order, the type and amount of the transaction in a foreign currency that is the cause of acquisition or occurrence of the assets and liabilities in a foreign currency prescribed in that paragraph, and other matters for reference are recorded in the documents prescribed in the following paragraph.
The books and documents or other documents specified by Ministry of Finance Order as prescribed in Article 167-6, paragraph (1) of the Order are the documents specified in each of the following items for the categories of persons listed in those items.
令第百六十七条の六第一項に規定する帳簿書類その他の財務省令で定める書類は、次の各号に掲げる者の区分に応じ当該各号に定める書類とする。
A Resident who carries on business that generates real property income, business income or timber income: books and documents pertaining to the conclusion of foreign exchange futures contracts relating to that business of that person;
不動産所得、事業所得又は山林所得を生ずべき業務を行う居住者 その者の当該業務に係る先物外国為替契約の締結に関する帳簿書類
A Resident who carries on business that generates miscellaneous income: documents pertaining to the conclusion of foreign exchange futures contracts relating to that business of that person.
雑所得を生ずべき業務を行う居住者 その者の当該業務に係る先物外国為替契約の締結に関する書類
Read this with the articles around it
foreign exchange futures transactionmachine translation
「先物外国為替取引」
In Article 36-7 and Article 36-8, paragraph (1), a transaction that carries out, at a set time after the contract date and at a set foreign exchange rate, the arising, change or ending of claims under a contract to buy or sell means of payment (支払手段) denominated in a foreign currency or claims payable in a foreign currency.
Short name set inArticle 36-7, paragraph (1)· applies only in this provision and in Article 36-8, paragraph (1)
yen equivalentmachine translation
「円換算額」
In Article 36-7 and Article 36-8, paragraph (1), the yen equivalent of an amount shown in a foreign currency, meaning that amount converted into Japanese yen, as Article 57-3, paragraph (1) of the Income Tax Act defines it.
Defined inArticle 36-7, paragraph (1)· applies only in this provision and in Article 36-8, paragraph (1)
transaction in a foreign currencymachine translation
「外貨建取引」
A sale or purchase of assets, provision of services, lending or borrowing of money, or other transaction whose payment is made in a foreign currency.
Defined inArticle 36-7, paragraph (1)· applies only in this provision and in Article 36-7, paragraph (2); and Article 36-8, paragraph (2)
foreign exchange futures contractmachine translation
「先物外国為替契約」
In Article 36-7, paragraphs (2) and (3), a contract for a foreign exchange futures transaction (先物外国為替取引), of the kind Article 36-7, paragraph (1) specifies, that fixes the yen equivalent of the foreign currency paid or received in a transaction in a foreign currency (外貨建取引) by which assets or liabilities in a foreign currency are acquired or arise, as Article 167-6, paragraph (1) of the Order for Enforcement of the Income Tax Act (所得税法施行令) provides.
Short name set inArticle 36-7, paragraph (2)· applies only in this provision and in Article 36-7, paragraph (3)