7. Squeeze-Outs in Japan 株式交換等

税務上の「株式交換等（スクイーズアウト）」について英語で説明してみました。（参考資料：国税庁サイト）

An overview of the Japanese squeeze out system under Japanese Corporate Income Tax Law is as follows. For more about Japanese tax and accounting, click HERE:

The author of this website is not responsible for any damage or loss arising related to this website.

-------------------------------------------

In Japan, a squeeze-out (kabushiki koukan tou) is defined in Article 2, subparagraph 12-16 of Japanese Corporate Tax Law. A squeeze-out occurs through any of the following transactions:

1. Share-for-share exchange
2. Use of shares subject to class-wide call
3. Reverse stock split
4. Demand for cash-out

1. Share-for-share exchange

A squeeze-out through a share-for-share exchange occurs if a company (i.e., a Kabushiki Kaisha or a Godo Kaisha) acquires all the issued shares of another company (i.e., a Kabushiki Kaisha). 

2. Use of shares subject to class-wide call 

A squeeze-out through the use of shares subject to class-wide call occurs if a company exercises a call option on shares subject to class-wide call to force minority shareholders to sell their shares for cash. In order to exercise such a call option, the company needs first to obtain approval at a shareholders' meeting for certain changes, including a change in its articles of incorporation to convert all the common shares to shares subject to class-wide call.  

3. Reverse stock split

A squeeze-out through a reverse stock split occurs if a company carries out a reverse stock split to make minority shareholders have only fractional shares and force them to sell such shares for cash. 

4. Demand for cash-out

A squeeze-out through a demand for cash-out occurs if one shareholder of a company demands the sale of the shares owned by the other shareholders to that shareholder for cash based on approval from the company for such sale. 

日本語による説明は以下の記事をご覧ください。
197. 税務上の「株式交換等（スクイーズアウト）」を英語で言う

「株式会社」と「合同会社」の説明は以下の記事をご覧ください。

240.「株式会社、合名会社、合資会社、合同会社」を英語で言う

------------------------------------------

会計税務についての他の記事にご興味ある方はこちらの目次をご覧ください♬

会計税務英語に関する記事です。質問、コメントお待ちしております！Google アカウントを持ってない方は、「Google アカウント」をクリックし、「匿名」か「名前/URL」を選択してからご記入ください！