Supplementary Provisions, Article 3Transitional Measures Concerning Special Provisions on Exemption from Tax Liability in the Case of Merger, etc.

Where a business operator, with regard to a taxable transfer, etc. of assets made in Japan during the period from April 1, 2014 to the day preceding the Effective Date (meaning a taxable transfer, etc. of assets prescribed in Article 2, paragraph (1), item (ix) of the Consumption Tax Act and, for a taxable transfer, etc. of assets made in Japan on or after October 1, 2015, excluding one that falls under a specified transfer, etc. of assets (meaning a specified transfer, etc. of assets prescribed in item (viii)-2 of that paragraph; the same applies in paragraph (2) of the following Article); the same applies hereinafter, except in paragraph (2) of the following Article), makes on or after the Effective Date a refund, etc. of consideration for sales prescribed in Article 38, paragraph (1) of the Consumption Tax Act after the amendment by the provisions of Article 3 of the Amending Act (hereinafter referred to as the "New Act"), the provisions then in force continue to govern the calculation of the taxable sales in each business year prescribed in Article 22, paragraph (1) of the New Order, the taxable sales in the specified business year prescribed in Article 23, paragraph (4) of the New Order and the taxable sales in the period corresponding to the base period prescribed in Article 25-4, paragraph (1) of the New Order that relate to that refund, etc. of consideration for sales.