Supplementary Provisions, Article 4Transitional Measures Concerning Special Provisions on Deduction of Consumption Tax on Purchases of Small and Medium-Sized Business Operators

The provisions of Article 57 of the New Order apply to taxable periods beginning on or after April 1, 2015 (for a business operator prescribed in Article 37, paragraph (1) of the Consumption Tax Act that submitted the written notification under that paragraph before October 1, 2014 (including a business operator deemed to have submitted that written notification before October 1, 2014 pursuant to Article 37-2, paragraph (1) of that Act or Article 57-2 of the Order for Enforcement of the Consumption Tax Act) and to which Article 37, paragraph (6) of the Consumption Tax Act applies for a taxable period beginning on or after April 1, 2015 (meaning a taxable period prescribed in Article 19 of that Act; the same applies hereinafter in this Article), the day following the last day of the taxable period that includes the day on which two years have elapsed from the first day of the following taxable period prescribed in Article 37, paragraph (1) of that Act; the same applies hereinafter in this Article), and the provisions then in force continue to govern taxable periods that began before April 1, 2015.