# 租税特別措置法 / Act on Special Measures Concerning Taxation — 第六十八条の二 (Article 68-2) - Law: 租税特別措置法 (Act on Special Measures Concerning Taxation), 昭和三十二年法律第二十六号 - English title "Act on Special Measures Concerning Taxation": Ministry of Justice translation - Kind: Act — the distinction between 法律 (Act), 政令 (Cabinet Order), 省令 (Ministerial Order) and 条例 (local ordinance) decides who may issue it and what it may say. - Provision: 第六十八条の二 (Article 68-2)（認定株式分配に係る課税の特例） — address `art-68-2` - Text in force since: 2026-10-01 - URL (the page that opens at this provision): https://japanlaw.org/en/special-taxation-measures-act/art-68-2 - Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/332AC0000000026/art-68-2 - Every provision below carries its address and both URLs on the line under it. - Japanese text: e-Gov 法令検索, Digital Agency (デジタル庁). English: as marked on each line below. Only the Japanese as published by the government has legal effect; the text below is a copy of it. Every English rendering below is a translation and says which kind: the Ministry of Justice's translation, or this site's machine translation, whose model and date the Sources list names. They are never merged and never substituted for one another. --- ### 第六十八条の二（認定株式分配に係る課税の特例） — Special Provisions on Taxation on Certified Share Distributions caption: machine translation, not official art-68-2 · https://japanlaw.org/en/special-taxation-measures-act/art-68-2 · https://japanlaw.org/l/332AC0000000026/art-68-2 **第一項** 産業競争力強化法第二十三条第一項の認定を令和八年四月一日以後に受けた法人が行う法人税法第二条第十二号の五の二に規定する現物分配が認定株式分配（当該認定に係る産業競争力強化法第二十四条第二項に規定する認定事業再編計画に従つてする同法第三十一条第一項に規定する特定剰余金配当をいう。）に該当する場合（この項の規定を適用しないものとした場合に当該認定株式分配が法人税法第二条第十二号の十五の二に規定する株式分配に該当する場合を除く。）における同法その他の法令の規定の適用については、同条第十二号の十五の二中「の全部が移転する」とあるのは「が移転する」と、同条第十二号の十五の三中「完全子法人と現物分配法人とが独立して事業を行うための株式分配として政令で定めるもの（当該」とあるのは「租税特別措置法第六十八条の二第一項（認定株式分配に係る課税の特例）に規定する認定株式分配で当該認定株式分配の直後に現物分配法人が有する完全子法人の株式の数（出資にあつては、金額）の当該完全子法人の発行済株式等の総数又は総額のうちに占める割合が百分の二十未満となることその他の政令で定める要件に該当するもの（当該完全子法人の」とする。 art-68-2/par-1 · https://japanlaw.org/en/special-taxation-measures-act/art-68-2/par-1 · https://japanlaw.org/l/332AC0000000026/art-68-2/par-1 With regard to the application of the provisions of the Corporation Tax Act and other laws and regulations in the case where a distribution in kind prescribed in Article 2, item (xii)-5-2 of the Corporation Tax Act conducted by a corporation that has received the certification referred to in Article 23, paragraph (1) of the Act on Strengthening Industrial Competitiveness on or after April 1, 2026 falls under a certified share distribution (meaning a specified dividend of surplus prescribed in Article 31, paragraph (1) of the Act on Strengthening Industrial Competitiveness made in accordance with the certified business restructuring plan prescribed in Article 24, paragraph (2) of that Act pertaining to that certification) (excluding the case where that certified share distribution would fall under a share distribution prescribed in Article 2, item (xii)-15-2 of the Corporation Tax Act if the provisions of this paragraph were not applied), the phrase "through which all of the issued shares, etc. of a corporation" in Article 2, item (xii)-15-2 of that Act is deemed to be replaced with "through which the issued shares, etc. of a corporation", and the phrase "that is specified by Cabinet Order as a share distribution for the wholly owned subsidiary corporation and the corporation making a distribution in kind to conduct their businesses independently (limited to one in which those shares" in item (xii)-15-3 of that Article is deemed to be replaced with "that is a certified share distribution prescribed in Article 68-2, paragraph (1) (Special Provisions on Taxation on Certified Share Distributions) of the Act on Special Measures Concerning Taxation and that satisfies the requirement that the ratio of the number (or, for capital contributions, the amount) of the shares of the wholly owned subsidiary corporation held by the corporation making a distribution in kind immediately after that certified share distribution to the total number or total amount of the issued shares, etc. of that wholly owned subsidiary corporation is less than 20 percent and other requirements specified by Cabinet Order (limited to one in which the shares of that wholly owned subsidiary corporation". machine translation, not official **第二項** 前項の規定の適用がある場合における法人税法その他の法令の規定の適用に関し必要な事項は、政令で定める。 art-68-2/par-2 · https://japanlaw.org/en/special-taxation-measures-act/art-68-2/par-2 · https://japanlaw.org/l/332AC0000000026/art-68-2/par-2 Necessary matters concerning the application of the provisions of the Corporation Tax Act and other laws and regulations in the case where the provisions of the preceding paragraph apply are specified by Cabinet Order. machine translation, not official --- ## Cites - art-68-2/par-1: 産業競争力強化法第二十三条第一項 → e-Gov law 425AC0000000098, 第二十三条第一項 (Article 23, paragraph (1)), art-23/par-1 — not held in this collection - art-68-2/par-1: 産業競争力強化法第二十四条第二項 → e-Gov law 425AC0000000098, 第二十四条第二項 (Article 24, paragraph (2)), art-24/par-2 — not held in this collection - art-68-2/par-1: 同法第三十一条第一項 → e-Gov law 425AC0000000098, 第三十一条第一項 (Article 31, paragraph (1)), art-31/par-1 — not held in this collection - art-68-2/par-1: 法人税法第二条第十二号の十五の二 → 法人税法 第二条第一項第十二号の十五の二 (Article 2, paragraph (1), item (xii-15-2)), art-2/par-1/item-12-15-2 — https://japanlaw.org/en/corporation-tax-act/art-2/par-1/item-12-15-2 · https://japanlaw.org/l/340AC0000000034/art-2/par-1/item-12-15-2 - art-68-2/par-1: 同条第十二号の十五の三 → 法人税法 第二条第一項第十二号の十五の三 (Article 2, paragraph (1), item (xii-15-3)), art-2/par-1/item-12-15-3 — https://japanlaw.org/en/corporation-tax-act/art-2/par-1/item-12-15-3 · https://japanlaw.org/l/340AC0000000034/art-2/par-1/item-12-15-3 - art-68-2/par-1: 法人税法第二条第十二号の五の二 → 法人税法 第二条第一項第十二号の五の二 (Article 2, paragraph (1), item (xii-5-2)), art-2/par-1/item-12-5-2 — https://japanlaw.org/en/corporation-tax-act/art-2/par-1/item-12-5-2 · https://japanlaw.org/l/340AC0000000034/art-2/par-1/item-12-5-2 - art-68-2/par-1: この項 → 租税特別措置法 第六十八条の二第一項 (Article 68-2, paragraph (1)), art-68-2/par-1 — https://japanlaw.org/en/special-taxation-measures-act/art-68-2/par-1 · https://japanlaw.org/l/332AC0000000026/art-68-2/par-1 - art-68-2/par-2: 前項 → 租税特別措置法 第六十八条の二第一項 (Article 68-2, paragraph (1)), art-68-2/par-1 — https://japanlaw.org/en/special-taxation-measures-act/art-68-2/par-1 · https://japanlaw.org/l/332AC0000000026/art-68-2/par-1 ## Cited by 2 provisions cite this one. No official source publishes this direction. - 租税特別措置法 第六十八条の二第一項（認定株式分配に係る課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-68-2/par-1 · https://japanlaw.org/l/332AC0000000026/art-68-2/par-1 - 租税特別措置法 第六十八条の二第二項（認定株式分配に係る課税の特例） — https://japanlaw.org/en/special-taxation-measures-act/art-68-2/par-2 · https://japanlaw.org/l/332AC0000000026/art-68-2/par-2 --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 租税特別措置法 — the text in force from 2026-10-01 (https://laws.e-gov.go.jp/law/332AC0000000026/20261001_508AC0000000012), retrieved 2026-10-07 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Act on Special Measures Concerning Taxation — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/3132/tb), retrieved 2026-10-07 - claude-opus-5-5 — Machine translation, batch special-taxation-measures-act-20261007T211206-167, translated 2026-10-08 - claude-opus-5-5 — Machine translation, batch special-taxation-measures-act-20261008T103859-004, translated 2026-10-08 - This site's parser, version 165 — 租税特別措置法 — structure, counts, cross-references and defined terms, computed 2026-10-07