Supplementary Provisions, Article 20Transitional Measures Concerning Reassessment in the Case of an Excessive Return Based on Fictitious Accounting in Consolidated Business Years
第二十条(連結事業年度における仮装経理に基づく過大申告の場合の更正に関する経過措置)
The provisions of Article 81-16, paragraph (4) of the New Corporation Tax Act apply to the acquiring corporation in a qualified merger prescribed in that paragraph carried out on or after the Effective Date in the case where a Reassessment prescribed in paragraphs (1) through (3) of that Article is made after the consolidated corporation prescribed in that paragraph has been dissolved through the qualified merger, and with regard to the acquiring corporation in a merger carried out before the Effective Date in the case where the Reassessment is made after a domestic corporation that carried out accounting by disguising facts has been dissolved through the merger, the provisions of Article 70, paragraph (3) of the Former Corporation Tax Act are to be followed.