Supplementary Provisions, Article 5Transitional Measures Accompanying the Partial Amendment of the Order for Enforcement of the Income Tax Act

The provisions of Article 182-2 (Inclusion in Necessary Expenses of Non-Deductible Consumption Tax Amounts, etc. Relating to Assets) of the Order for Enforcement of the Income Tax Act after amendment by Article 12 apply to taxable purchases prescribed in Article 2, paragraph (1), item (xii) (Definitions) of the Consumption Tax Act (Act No. 108 of 1988) that an individual makes on or after April 1, 1997 (hereinafter referred to as the "Effective Date"), and to taxable goods prescribed in item (xi) of that paragraph that are taken out of a bonded area prescribed in item (ii) of that paragraph on or after the Effective Date (excluding taxable purchases, etc. subject to transitional measures prescribed in Article 5, paragraph (3) (Taxable Purchases, etc. Subject to Transitional Measures) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act, etc. (Act No. 111 of 1994) that fall under items (iii) through (v) of that paragraph), and the provisions then in force continue to govern taxable purchases prescribed in Article 2, paragraph (1), item (xii) of the Consumption Tax Act that an individual made before the Effective Date and taxable goods prescribed in item (xi) of that paragraph that were taken out of a bonded area prescribed in item (ii) of that paragraph before the Effective Date (including taxable purchases, etc. subject to transitional measures prescribed in Article 5, paragraph (3) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act, etc. that fall under items (iii) through (v) of that paragraph).