Tax-effect accounting associated with the transition from the consolidated taxation system to the group aggregation system
First written in FY2021-Q1. 2 of 5 entries say "Restated". Latest entry: FY2023-Q1.
73 other companies' latest entry also says "Achieved".
- 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 company implemented the transition from the consolidated taxation system to the group-wide taxation system, which had been scheduled for the following fiscal year in the previous year, from the first quarter accounting period. - FY2022AdvancedAnnual report
「The Company and certain domestic consolidated subsidiaries will transition from the consolidated taxation system to the group tax sharing system from the next consolidated fiscal year.」
The company explicitly disclosed the transition from the consolidated taxation system to the group-wide taxation system in the following fiscal year and specified plans to apply new accounting and disclosure treatments from the beginning of the following period. - FY2022-Q1RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment under Paragraph 3 of Practical Issues Task Force No. 39, “Accounting for Tax Effect Accounting in the Transition from the Consolidated Taxation System to the Group Tax-Sharing System” (31 March 2020), and have not applied Paragraph 44 of the Implementation Guidance on Tax Effect Accounting. Deferred tax assets and liabilities are therefore calculated based on the provisions of the tax laws before amendment.」
Regarding tax-effect accounting associated with the transition to the group-wide taxation system, the company continued to measure deferred tax assets and liabilities based on tax laws before the revisions. - FY2021-Q3RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment under Paragraph 3 of Practical Issues Task Force No. 39, “Accounting for Tax Effect Accounting in the Transition from the Consolidated Taxation System to the Group Tax-Sharing System” (31 March 2020), and have not applied Paragraph 44 of the Implementation Guidance on Tax Effect Accounting. Deferred tax assets and liabilities are therefore calculated based on the provisions of the tax laws before amendment.」
Regarding tax-effect accounting associated with the transition to the group-wide taxation system, the company continued to measure items based on tax laws before the revisions. - FY2021-Q1First statedAnnual report
「The Company and certain domestic consolidated subsidiaries have applied the treatment under Paragraph 3 of Practical Issues Task Force No. 39, “Accounting for Tax Effect Accounting in the Transition from the Consolidated Taxation System to the Group Tax-Sharing System” (31 March 2020), and have not applied Paragraph 44 of the Implementation Guidance on Tax Effect Accounting. Deferred tax assets and liabilities are therefore calculated based on the provisions of the tax laws before amendment.」
Regarding tax-effect accounting associated with the transition to the group-wide taxation system, the company disclosed in additional information that deferred tax assets and liabilities were measured based on tax laws before the revisions.