52. Asset Valuation in Japan 資産の評価損益

資産の評価損益について英語でまとめました。
The table below provides an overview of asset valuation for Japanese corporate tax purposes.

See this post for more about Japanese tax and accounting.

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

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

Japanese Corporate Tax Law provides for the valuation of assets as shown in the table below. 

Gain	General			1. Valuation gains on assets that increase their BV are non-taxable. 2. The BV of an asset whose valuation gain is non-taxable remains unchanged.
	Exception	Valuation under Corporate Reorganization Act	An increase in BV resulting from either of the following is taxable: 1. Valuation under Corporate Reorganization Act 2. Valuation of stock under Insurance Business Law
		Valuation under Civil Rehabilitation Act	An increase in BV is taxable subject to certain conditions if the rehabilitation plan has been approved or in a similar situation.
Loss	General			1.   Valuation losses on assets that decrease their BV are non-deductible. 2.   The BV of an asset whose valuation loss is non-deductible remains unchanged.
	Exception	Valuation due to disaster	A decrease in BV is deductible subject to certain conditions (e.g., recognition of the loss for accounting purposes), up to the difference between BV immediately before the valuation and market value at fiscal year-end.
		Valuation under Corporate Reorganization Act	A decrease in BV on valuation based on an approved rehabilitation plan is deductible.
		Valuation under Civil Rehabilitation Act	A decrease in BV is taxable subject to certain conditions if the rehabilitation plan has been approved or in a similar situation.

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

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！