Supplementary Provisions, Article 16Transitional Measures Concerning Non-application of a Carryover of Losses for a Corporation Showing a Loss, etc. That Is Controlled by Specified Shareholders, etc.
第十六条（特定株主等によって支配された欠損等法人の欠損金の繰越しの不適用に関する経過措置）
The provisions of Article 57-2, paragraph (1) of the New Corporation Tax Act apply to a net operating loss prescribed in that paragraph that arose in each business year prior to the applicable business year prescribed in that paragraph in the case where a corporation comes, on or after the Effective Date, to have with another person a specified controlling interest prescribed in that paragraph held by that other person, and with regard to a net operating loss prescribed in Article 57-2, paragraph (1) of the Former Corporation Tax Act that arose in each business year prior to the applicable business year prescribed in that paragraph in the case where a corporation came, before the Effective Date, to have with another person a specified controlling interest prescribed in that paragraph held by that other person, the provisions then in force continue to govern.