# 所得税法 / Income Tax Act — 第四十七条 (Article 47) This is the Markdown twin of https://japanlaw.org/ja/income-tax-act/art-47. Every law, and how to address a provision: https://japanlaw.org/llms.txt. The same laws as MCP tools (no sign-in): https://japanlaw.org/mcp. - Law: 所得税法 (Income Tax Act), 昭和四十年法律第三十三号 - English title "Income 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: 第四十七条 (Article 47)（棚卸資産の売上原価等の計算及びその評価の方法） — address `art-47` - Text in force since: 2026-10-01 - URL (the page that opens at this provision): https://japanlaw.org/ja/income-tax-act/art-47 - e-Gov law ID: 340AC0000000033 — never renamed. A permanent link, `/l/{lawId}/{address}` on this site, redirects to the page. - Every provision below carries its address and its URL 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. --- ### 第四十七条（棚卸資産の売上原価等の計算及びその評価の方法） — (Calculation of Costs of Inventory Sold and Valuation Methods) caption: Ministry of Justice translation — Japanese Law Translation Database System art-47 · https://japanlaw.org/ja/income-tax-act/art-47 **第一項** 居住者の棚卸資産につき第三十七条第一項（必要経費）の規定によりその者の事業所得の金額の計算上必要経費に算入する金額を算定する場合におけるその算定の基礎となるその年十二月三十一日（その者が年の中途において死亡し又は出国をした場合には、その死亡又は出国の時。以下この条から第五十条までにおいて同じ。）において有する棚卸資産（以下この項において「期末棚卸資産」という。）の価額は、棚卸資産の取得価額の平均額をもつてその年十二月三十一日において有する棚卸資産の評価額とする方法その他の政令で定める評価の方法のうちからその者が当該期末棚卸資産について選定した評価の方法により評価した金額（評価の方法を選定しなかつた場合又は選定した評価の方法により評価しなかつた場合には、評価の方法のうち政令で定める方法により評価した金額）とする。 art-47/par-1 · https://japanlaw.org/ja/income-tax-act/art-47/par-1 In the calculation of the amount that, pursuant to the provisions of Article 37, paragraph (1) (Necessary Expenses), is included, in association with the Inventory of a Resident, in the necessary expenses that are used to calculate the Resident's business income, the value of Inventory held by the Resident on December 31 of the relevant year (or at the time of the Resident's death or Absence From Japan, if the Resident dies or the Resident's Absence From Japan occurs partway through the year; the same applies in this Article through Article 50) which is used as the basis for that calculation (hereinafter referred to as "closing Inventory" in this paragraph) is the amount of money assessed based on the valuation method that the Resident has selected for the closing Inventory from among the method of taking the average acquisition cost of Inventory as the assessed value of the Inventory held on December 31 of that year and the other valuation methods prescribed by Cabinet Order (or based on the valuation method prescribed by Cabinet Order, if the Resident does not select a valuation method or if the value is not assessed based on the selected valuation method). machine translation, not official **第二項** 前項の選定をすることができる評価の方法の特例、評価の方法の選定の手続、棚卸資産の評価額の計算の基礎となる棚卸資産の取得価額その他棚卸資産の評価に関し必要な事項は、政令で定める。 art-47/par-2 · https://japanlaw.org/ja/income-tax-act/art-47/par-2 Cabinet Order provides for special provisions on the selectable valuation methods referred to in the preceding paragraph, the way of selecting a valuation method, the acquisition cost of Inventory to be used as the basis for calculating the assessed value of Inventory, and other necessary particulars concerning the valuation of Inventory. machine translation, not official --- ## Cites - art-47/par-1: 第三十七条第一項 → 所得税法 第三十七条第一項 (Article 37, paragraph (1)), art-37/par-1 — https://japanlaw.org/ja/income-tax-act/art-37/par-1 - art-47/par-1: この条 → 所得税法 第四十七条 (Article 47), art-47 — https://japanlaw.org/ja/income-tax-act/art-47 - art-47/par-1: 第五十条 → 所得税法 第五十条 (Article 50), art-50 — https://japanlaw.org/ja/income-tax-act/art-50 - art-47/par-1: この項 → 所得税法 第四十七条第一項 (Article 47, paragraph (1)), art-47/par-1 — https://japanlaw.org/ja/income-tax-act/art-47/par-1 - art-47/par-2: 前項 → 所得税法 第四十七条第一項 (Article 47, paragraph (1)), art-47/par-1 — https://japanlaw.org/ja/income-tax-act/art-47/par-1 ## Cited by 3 provisions cite this one. No official source publishes this direction. - 所得税法 第四十七条第一項（棚卸資産の売上原価等の計算及びその評価の方法） — https://japanlaw.org/ja/income-tax-act/art-47/par-1 - 所得税法 第四十七条第二項（棚卸資産の売上原価等の計算及びその評価の方法） — https://japanlaw.org/ja/income-tax-act/art-47/par-2 - 所得税法施行規則 第四十七条第三項第六号（確定所得申告書の記載事項） — https://japanlaw.org/ja/income-tax-act-enforcement-regulation/art-47/par-3/item-6 (e-Gov law ID 340M50000040011) --- ## Sources - e-Gov 法令検索, Digital Agency (デジタル庁) — 所得税法 — the text in force from 2026-10-01 (https://laws.e-gov.go.jp/law/340AC0000000033/20261001_507AC0000000070), retrieved 2026-10-05 - Japanese Law Translation Database System, Ministry of Justice (法務省) — Income Tax Act — Ministry of Justice translation (https://www.japaneselawtranslation.go.jp/en/laws/view/3120/tb), retrieved 2026-09-18 - claude-opus-5[1m] — Machine translation, batch income-tax-act-20260918T180319-006, translated 2026-10-12 - claude-opus-5[1m] — Machine translation, batch income-tax-act-20260918T205718-002, translated 2026-10-12 - This site's parser, version 224 — 所得税法 — structure, counts, cross-references and defined terms, computed 2026-10-05