NAO News letter June 1, 2007

H19年度税制改正−特定同族会社の留保金課税制度
中小企業の設備投資などの資金となる資本蓄積を促進するために、
特定同族会社の留保金課税制度の適用対象が改正されました。

適用対象である特定同族会社(１株主グループの持株割合等が50％を超える会社)から中小企業(資本金又は出資金の額が１億円以下の会社)が除外されました。この改正は平成１９年４月１日以後に開始する事業年度より適用されます。

特定同族会社の留保金課税制度・・・課税留保金額に対して、一定の税率により課税する。課税留保金額＝所得-(配当＋法人税等)-留保控除


Year 2007 Tax Reforms Specified Family Corporation Surtax

In order to facilitate accumulation of ratained earnings and enable small and medium-sized companies to increase capital invest, the scope of companies subject to the Specified Family Corporations Surtax has been revised.

Small and medium sized companies (companies with paid-in-capital of 100 million JPY or less) have been excluded from Specified Family Corporations (companies whose 50% or more of the stock is owned by one shareholder group) subject to tax on undistributed retained earnings. This revision is effective from business years beginning on or after April 1, 2007.

Specified Family Corporations Surtax・・・
Tax on undistributed retained earnings at specified tax rates.
Undistributed retained earnings=Income-(Dividends+Corporate Tax)-certain deductions