Group Tax-Sharing System to Be Applied From the Following Fiscal Year
First written in FY2022. 1 of 2 entries say "Achieved", first in FY2023-Q1. Latest entry: FY2023-Q1.
6 other companies' latest entry also says "Achieved".
- FY2023-Q1AchievedAnnual report
「The company and its consolidated subsidiaries are transitioning from the stand-alone taxation system to the consolidated taxation system from the first quarter of the current consolidated fiscal year. Accordingly, the accounting treatment and disclosure for corporate tax, local corporate tax and tax-effect accounting are being handled in accordance with Practical Response Report No. 42, “Accounting and Disclosure under the Consolidated Taxation System” (12 August 2021).」
The transition to the consolidated taxation system planned for the previous fiscal year was implemented from the first quarter of the current consolidated fiscal year. - FY2022First statedAnnual report
「The company and its consolidated subsidiaries will apply the consolidated taxation system from the following fiscal year. In addition, from the beginning of the following consolidated fiscal year, the company plans to apply Practical Response Report No. 42, “Accounting and Disclosure under the Consolidated Taxation System” (12 August 2021), which prescribes the accounting treatment and disclosure requirements for corporate tax, local corporate tax and tax-effect accounting when applying the consolidated taxation system.」
States that the consolidated taxation system will be applied from the beginning of the following fiscal year, together with the related accounting treatment and disclosure requirements.