Supplementary Provisions, Article 5Transitional Measures Concerning Carryover of Losses in a Business Year When a Blue Return Has Been Filed
第五条（青色申告書を提出した事業年度の欠損金の繰越しに関する経過措置）
The provisions of Article 57, paragraph (5) of the New Corporation Tax Act apply to a net operating loss incurred in a business year beginning on or after April 1, 2001 of a corporation that becomes an acquiring corporation, succeeding corporation in a company split or corporation receiving a capital contribution in kind prescribed in that paragraph pertaining to a qualified merger, etc. prescribed in that paragraph, and to an amount deemed, pursuant to the provisions of paragraph (2) of that Article, to be a net operating loss incurred in each business year of a corporation (referred to as a "deemed net operating loss" in the following paragraph), and with regard to a net operating loss incurred in a business year of a corporation that began before that date, the provisions then in force continue to govern.
Necessary matters concerning the application of the provisions of Article 57, paragraph (5) of the New Corporation Tax Act in the case where a corporation prescribed in the preceding paragraph carries out a qualified merger, etc. prescribed in that paragraph in a business year beginning on or after April 1, 2001, and that corporation has a deemed net operating loss, are specified by Cabinet Order.