Supplementary Provisions, Article 10Transitional Measures Concerning Exclusion of Asset Valuation Gain from Gross Profits, etc.
第十条（資産の評価益の益金不算入等に関する経過措置）
With regard to revaluations that a corporation (including an association or foundation without juridical personality prescribed in Article 2, item (viii) of the Corporation Tax Act as amended by the provisions of Article 2 (hereinafter referred to as "the New Corporation Tax Act" in the Supplementary Provisions up to Article 12); the same applies hereinafter in the Supplementary Provisions up to Article 12) carried out before the Effective Date in accordance with the provisions of the laws prescribed in Article 25, paragraph (1) of the Corporation Tax Act prior to the amendment by the provisions of Article 2 (referred to as "the Former Corporation Tax Act" in paragraph (1) of the following Article) and to revaluations specified by Cabinet Order prescribed in that paragraph, the provisions then in force continue to govern.
The provisions of Article 25, paragraph (2) of the New Corporation Tax Act apply to revaluations prescribed in that paragraph that a corporation carries out on or after the Effective Date.
新法人税法第二十五条第二項の規定は、法人が施行日以後に行う同項に規定する評価換えについて適用する。
The provisions of Article 25, paragraph (3) of the New Corporation Tax Act apply in the case where a fact prescribed in that paragraph occurs on or after the Effective Date.
新法人税法第二十五条第三項の規定は、施行日以後に同項に規定する事実が生ずる場合について適用する。