Tax Effect Accounting in Connection with the Transition to the Group Consolidated Taxation System
First written in FY2022-Q1. 3 of 5 entries say "Restated". Latest entry: FY2023-Q3.
104 other companies' latest entry also says "Restated".
- FY2023-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system from the first quarter. Accordingly, the accounting and disclosure treatment for corporation tax, local corporation tax and tax effect accounting is conducted in accordance with Practical Solution on the Accounting and Disclosure under the Group Tax Sharing System (ASBJ PITF No. 42, 12 August 2021, hereinafter “ASBJ PITF No. 42”).」
The Company reconfirmed that the transition to the consolidated taxation system took place from the beginning of the first quarter of the consolidated fiscal year and that tax-effect accounting and disclosures under the system continue to be applied. - FY2023-Q2RestatedAnnual report
「The company and certain domestic consolidated subsidiaries have transitioned from the consolidated taxation system to the group tax sharing system from the first quarter. Accordingly, the accounting and disclosure treatment for corporation tax, local corporation tax and tax effect accounting is conducted in accordance with Practical Solution on the Accounting and Disclosure under the Group Tax Sharing System (ASBJ PITF No. 42, 12 August 2021, hereinafter “ASBJ PITF No. 42”).」
The Company reconfirmed that the transition to the consolidated taxation system took place from the beginning of the first quarter of the consolidated fiscal year and that tax-effect accounting and disclosures under the system continue to be applied. - FY2023-Q1AchievedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group relief system from the beginning of the first quarter of the current consolidated fiscal year. Accordingly, the accounting and disclosure of corporate and local taxes and tax-effect accounting comply with the Practical Solution on Accounting and Disclosure When Applying the Group Relief System (Practical Solution Report No. 42, dated 12 August 2021).」
The transition from the consolidated taxation system to the group aggregation system, which had been scheduled since the previous fiscal year, was implemented from the beginning of the first quarter of the current consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the transitional treatment under Paragraph 3 of Practical Solution No. 39, “Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax-Sharing System,” and, for the transition to the group tax-sharing system and matters subject to revisions to the single-entity taxation system, have measured deferred tax assets and deferred tax liabilities based on the provisions of the tax law before the amendment without applying Paragraph 44 of the “Guidance on Implementing Tax Effect Accounting.”」
Regarding tax-effect accounting in connection with the transition to the consolidated taxation system, the Company reiterates the treatment of calculating deferred tax assets and liabilities based on the tax laws before amendment. - FY2022-Q1First statedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the transitional treatment under Paragraph 3 of Practical Solution No. 39, “Practical Solution on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Tax-Sharing System,” and, for the transition to the group tax-sharing system and matters subject to revisions to the single-entity taxation system, have measured deferred tax assets and deferred tax liabilities based on the provisions of the tax law before the amendment without applying Paragraph 44 of the “Guidance on Implementing Tax Effect Accounting.”」
Regarding tax-effect accounting in connection with the transition to the consolidated taxation system, the disclosure describes the treatment of calculating deferred tax assets and liabilities based on the tax laws before amendment.