# 法人税法 / Corporation Tax Act — 第百四十二条の五 (Article 142-5)

- Law: 法人税法 (Corporation Tax Act), 昭和四十年法律第三十四号
- English title "Corporation Tax Act": 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: 第百四十二条の五 (Article 142-5)（外国銀行等の資本に係る負債の利子の損金算入） — address `art-142-5`
- Text in force since: 2026-10-01
- URL (the page that opens at this provision): https://japanlaw.org/ja/corporation-tax-act/art-142-5
- Permanent URL (e-Gov law ID, never renamed): https://japanlaw.org/l/340AC0000000034/art-142-5
- 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.

---

### 第百四十二条の五（外国銀行等の資本に係る負債の利子の損金算入） — Inclusion in Deductible Expenses of Interest on Liabilities Pertaining to Capital of Foreign Banks, etc.
<sup>caption: machine translation, not official</sup>
<sup>art-142-5 · https://japanlaw.org/ja/corporation-tax-act/art-142-5 · https://japanlaw.org/l/340AC0000000034/art-142-5</sup>

      **第一項**  銀行法第四十七条第二項（外国銀行の免許等）に規定する外国銀行支店に係る同法第十条第二項第八号（業務の範囲）に規定する外国銀行又は金融商品取引法第二条第九項（定義）に規定する金融商品取引業者（同法第二十八条第一項（通則）に規定する第一種金融商品取引業を行う外国法人に限る。）である外国法人の各事業年度において、その有する資本に相当するものに係る負債につき支払う負債の利子（これに準ずるものとして政令で定めるものを含む。）がある場合には、当該利子の額のうち当該外国法人の前条第一項に規定する恒久的施設に帰せられるべき金額として政令で定めるところにより計算した金額に対応するものとして政令で定めるところにより計算した金額は、当該外国法人の当該事業年度の恒久的施設帰属所得に係る所得の金額の計算上、損金の額に算入する。
      <sup>art-142-5/par-1 · https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-1 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-1</sup>
      In the case where, in each business year of a foreign corporation that is a foreign bank prescribed in Article 10, paragraph (2), item (viii) (Scope of Business) of the Banking Act pertaining to a branch of a foreign bank prescribed in Article 47, paragraph (2) (License of Foreign Banks, etc.) of that Act, or a financial instruments business operator prescribed in Article 2, paragraph (9) (Definitions) of the Financial Instruments and Exchange Act (limited to a foreign corporation that conducts the type I financial instruments business prescribed in Article 28, paragraph (1) (General Rules) of that Act), there is interest on liabilities (including anything specified by Cabinet Order as being equivalent thereto) paid on liabilities pertaining to what is equivalent to the capital that it holds, the amount calculated, as specified by Cabinet Order, as corresponding to the amount calculated, as specified by Cabinet Order, as the amount that should be attributed to the permanent establishment prescribed in paragraph (1) of the preceding Article of the foreign corporation, out of the amount of the interest, is included in deductible expenses, when calculating the amount of income pertaining to income attributable to a permanent establishment of the foreign corporation for the business year.
      <sup>machine translation, not official</sup>

      **第二項**  前項の規定は、確定申告書、修正申告書又は更正請求書に同項の規定により損金の額に算入される金額及びその計算に関する明細を記載した書類の添付があり、かつ、その計算に関する書類を保存している場合に限り、適用する。この場合において、同項の規定により損金の額に算入される金額は、当該金額として記載された金額を限度とする。
      <sup>art-142-5/par-2 · https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-2 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-2</sup>
      The provisions of the preceding paragraph apply only in the case where a Final Return, amended return or written request for Reassessment is attached with a document stating the amount to be included in deductible expenses pursuant to the provisions of that paragraph and the details of its calculation, and documents concerning the calculation are retained. In this case, the amount to be included in deductible expenses pursuant to the provisions of that paragraph is limited to the amount stated as that amount.
      <sup>machine translation, not official</sup>

      **第三項**  税務署長は、第一項の規定により損金の額に算入されることとなる金額の全部又は一部につき前項の書類の保存がない場合においても、当該書類の保存がなかつたことについてやむを得ない事情があると認めるときは、当該書類の提出があつた場合に限り、当該書類の保存がなかつた金額につき第一項の規定を適用することができる。
      <sup>art-142-5/par-3 · https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-3 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-3</sup>
      Even in the case where the documents set forth in the preceding paragraph have not been retained with regard to the whole or a part of the amount to be included in deductible expenses pursuant to the provisions of paragraph (1), the district director may, when finding that there are unavoidable circumstances for the failure to retain those documents, apply the provisions of paragraph (1) to the amount for which those documents were not retained, only in the case where those documents are submitted.
      <sup>machine translation, not official</sup>

      **第四項**  第一項に規定する資本に相当するものに係る負債の範囲その他同項の規定の適用に関し必要な事項は、政令で定める。
      <sup>art-142-5/par-4 · https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-4 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-4</sup>
      The scope of liabilities pertaining to what is equivalent to capital prescribed in paragraph (1) and other necessary matters concerning the application of the provisions of that paragraph are specified by Cabinet Order.
      <sup>machine translation, not official</sup>

---

## Cites
- art-142-5/par-1: 銀行法第四十七条第二項 → e-Gov law 356AC0000000059, 第四十七条第二項 (Article 47, paragraph (2)), art-47/par-2 — not held in this collection
- art-142-5/par-1: 同法第十条第二項第八号 → e-Gov law 356AC0000000059, 第十条第二項第八号 (Article 10, paragraph (2), item (viii)), art-10/par-2/item-8 — not held in this collection
- art-142-5/par-1: 金融商品取引法第二条第九項 → e-Gov law 323AC0000000025, 第二条第九項 (Article 2, paragraph (9)), art-2/par-9 — not held in this collection
- art-142-5/par-1: 同法第二十八条第一項 → e-Gov law 323AC0000000025, 第二十八条第一項 (Article 28, paragraph (1)), art-28/par-1 — not held in this collection
- art-142-5/par-1: 前条第一項 → 法人税法 第百四十二条の四第一項 (Article 142-4, paragraph (1)), art-142-4/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-142-4/par-1 · https://japanlaw.org/l/340AC0000000034/art-142-4/par-1
- art-142-5/par-2: 前項 → 法人税法 第百四十二条の五第一項 (Article 142-5, paragraph (1)), art-142-5/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-1 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-1
- art-142-5/par-3: 前項 → 法人税法 第百四十二条の五第二項 (Article 142-5, paragraph (2)), art-142-5/par-2 — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-2 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-2
- art-142-5/par-3: 第一項 → 法人税法 第百四十二条の五第一項 (Article 142-5, paragraph (1)), art-142-5/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-1 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-1
- art-142-5/par-4: 第一項 → 法人税法 第百四十二条の五第一項 (Article 142-5, paragraph (1)), art-142-5/par-1 — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-1 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-1

## Cited by

5 provisions cite this one. No official source publishes this direction.

- 法人税法 第百四十二条の五第二項（外国銀行等の資本に係る負債の利子の損金算入） — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-2 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-2
- 法人税法 第百四十二条の五第三項（外国銀行等の資本に係る負債の利子の損金算入） — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-3 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-3
- 法人税法 第百四十二条の五第四項（外国銀行等の資本に係る負債の利子の損金算入） — https://japanlaw.org/ja/corporation-tax-act/art-142-5/par-4 · https://japanlaw.org/l/340AC0000000034/art-142-5/par-4
- 法人税法 第百四十四条の四第四項第一号（仮決算をした場合の中間申告書の記載事項等） — https://japanlaw.org/ja/corporation-tax-act/art-144-4/par-4/item-1 · https://japanlaw.org/l/340AC0000000034/art-144-4/par-4/item-1
- 租税特別措置法 第六十六条の五の二第八項第一号ロ — https://japanlaw.org/ja/special-taxation-measures-act/art-66-5-2/par-8/item-1/sub-2 · https://japanlaw.org/l/332AC0000000026/art-66-5-2/par-8/item-1/sub-2

---

## Sources

- e-Gov 法令検索, Digital Agency (デジタル庁) — 法人税法 — the text in force from 2026-10-01 (https://laws.e-gov.go.jp/law/340AC0000000034/20261001_508AC0000000012), retrieved 2026-10-08
- Japanese Law Translation Database System, Ministry of Justice (法務省) — Corporation Tax Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/3115/tb), retrieved 2026-10-08
- claude-opus-5-5 — Machine translation, batch corporation-tax-act-20261008T111236-054, translated 2026-10-08
- This site's parser, version 165 — 法人税法 — structure, counts, cross-references and defined terms, computed 2026-10-08