Application of Tax-Effect Accounting in Connection with the Transition to the Group Tax Sharing System
First written in FY2020. 2 of 5 entries say "Restated". Latest entry: FY2023.
73 other companies' latest entry also says "Achieved".
- FY2023AchievedAnnual report
「From the current consolidated fiscal year, the company has transitioned from the consolidated tax payment system to the single-company tax payment system.」
In line with the policy presented in the previous fiscal year, the company changed from the consolidated tax payment system to the single-company tax payment system from the current consolidated fiscal year. - FY2022ReframedAnnual report
「The company and certain domestic consolidated subsidiaries calculate deferred tax assets and deferred tax liabilities in accordance with the provisions of the tax laws before revision, pursuant to the treatment applicable to tax-effect accounting associated with the transition to the group aggregation system. The company will transition to the single-company tax payment system from the following consolidated fiscal year.」
The policy changed from the previous approach based on transitioning to the group aggregation system to filing a notification that the group aggregation system would not be applied and transitioning to the single-company tax payment system from the following consolidated fiscal year. - FY2022-Q3RestatedAnnual report
「For us and certain domestic consolidated subsidiaries, the amounts of deferred tax assets and deferred tax liabilities are determined based on the provisions of the tax laws before amendment, in accordance with the treatment applicable to tax effect accounting in connection with the transition to the group aggregation system.」
Continuing to apply the transitional treatment under tax-effect accounting associated with the transition to the group aggregation system. - FY2021RestatedAnnual report
「For us and certain domestic consolidated subsidiaries, the amounts of deferred tax assets and deferred tax liabilities are determined based on the provisions of the tax laws before amendment, in accordance with the treatment applicable to tax effect accounting in connection with the transition to the group aggregation system.」
Continuing to apply the transitional treatment under tax-effect accounting associated with the transition to the group aggregation system. - FY2020First statedAnnual report
「With respect to the transition by the company and certain domestic consolidated subsidiaries to the group aggregation system established under the Act Partially Amending the Income Tax Act and Other Laws (Act No. 8 of 2020), and items for which the standalone taxation system was revised in connection with that transition, we have applied the treatment in Paragraph 3 of the Practical Response Report on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Aggregation System (Practical Response Report No. 39, dated 31 March 2020). Accordingly, Paragraph 44 of the Implementation Guidance on Tax Effect Accounting has not been applied, and deferred tax assets and liabilities are measured based on the provisions of the tax laws before amendment.」
Describes the application from FY2020 of the transitional treatment under tax-effect accounting associated with the transition to the group aggregation system and the review of the single-company tax payment system.