Tax-Effect Accounting in Connection with the Transition from the Consolidated Tax System to the Group Tax Sharing System
First written in FY2021-Q1. 7 of 10 entries say "Restated". Latest entry: FY2023-Q3.
- FY2023-Q3RestatedAnnual report
「The company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group taxation system from the first quarter of the current consolidated fiscal year. Accordingly, accounting treatment and disclosure for corporate and local corporate taxes were addressed under the “Accounting Treatment and Disclosure Related to the Application of the Group Taxation System”」
It was reaffirmed that the company transitioned to the group taxation system from the first quarter and continues to apply and disclose accounting treatment based on the system. - FY2023-Q2RestatedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated tax payment system to the group tax-sharing system from the first quarter.」
It was reaffirmed that the company transitioned to the group taxation system from the first quarter and continues to apply and disclose accounting treatment based on the system. - FY2023-Q1AchievedAnnual report
「The Company and certain domestic consolidated subsidiaries transitioned from the consolidated taxation system to the group tax sharing system from the beginning of the first quarter of the current consolidated fiscal year.」
The transition to the group taxation system, which had been scheduled for the following fiscal year, was implemented from the first quarter of the current consolidated fiscal year. - FY2022AdvancedAnnual report
「The company and certain domestic consolidated subsidiaries will transition from the consolidated taxation system to the consolidated taxation group system from the next consolidated fiscal year.」
The planned transition to the group taxation system in the following fiscal year was explicitly stated, and the tax-effect accounting treatment for the system was applied from the end of the current fiscal year. - FY2022-Q3RestatedAnnual report
「For the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and for items subject to a review of the standalone taxation system in connection with that transition, "Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System"」
The treatment of tax-effect accounting associated with the transition to the group taxation system was reaffirmed as supplementary information. - FY2022-Q2RestatedAnnual report
「For the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and for items subject to a review of the standalone taxation system in connection with that transition, "Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System"」
The treatment of tax-effect accounting associated with the transition to the group taxation system was reaffirmed as supplementary information. - FY2022-Q1RestatedAnnual report
「For the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and for items subject to a review of the standalone taxation system in connection with that transition, "Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System"」
The treatment of tax-effect accounting associated with the transition to the group taxation system was reaffirmed as supplementary information. - FY2021-Q3RestatedAnnual report
「For the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and for items subject to a review of the standalone taxation system in connection with that transition, "Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System"」
The treatment of tax-effect accounting associated with the transition to the group taxation system was reaffirmed as supplementary information. - FY2021-Q2RestatedAnnual report
「For the transition to the group tax sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020), and for items subject to a review of the standalone taxation system in connection with that transition, "Accounting Treatment for the Application of Tax Effect Accounting Related to the Transition from the Consolidated Taxation System to the Group Tax Sharing System"」
The treatment of tax-effect accounting associated with the transition to the group taxation system was reaffirmed as supplementary information. - FY2021-Q1First statedAnnual report
「Our company and certain domestic consolidated subsidiaries will transition to the group sharing system established under the Act Partially Amending the Income Tax Act and Other Acts (Act No. 8 of 2020). For items revised in connection with the transition from the consolidated taxation system to the group sharing system, we apply the treatment under Paragraph 3 of Practical Solution No. 39 on the Application of Tax Effect Accounting for the Transition from the Consolidated Taxation System to the Group Sharing System and do not apply Paragraph 44 of the Implementation Guidance on Tax Effect Accounting. Deferred tax assets and liabilities are therefore measured based on the provisions of the tax laws before amendment.」
For tax-effect accounting associated with the transition to the group taxation system, the treatment of calculating deferred tax assets and liabilities based on tax laws before their amendment was described for the first time as supplementary information.