Article 4, item (i) (Scope of Things Equivalent to Securities) of the Order for Enforcement of the Income Tax Act after the amendment (hereinafter referred to as the "New Order") applies to the rights listed in Article 4, item (i) of the New Order that an individual acquires on or after the date specified in Article 1, item (vi) (Effective Date) of the Supplementary Provisions, and for the rights listed in Article 4, item (i) (Scope of Things Equivalent to Securities) of the Order for Enforcement of the Income Tax Act before the amendment (hereinafter referred to as the "Former Order") that an individual acquired before that date, the provisions then in force continue to govern.

①For the research and development expenses listed in Article 7, paragraph (1), item (ii) (Scope of Deferred Assets) of the Former Order that an individual paid before the date of enforcement of this Cabinet Order (hereinafter referred to as the "Effective Date"), the provisions then in force continue to govern.

②Article 7, paragraph (1), item (ii) (Scope of Deferred Assets) of the New Order applies to the development expenses listed in that item that an individual pays on or after the Effective Date, and for the development expenses listed in Article 7, paragraph (1), item (iii) of the Former Order that an individual paid before the Effective Date, the provisions then in force continue to govern.

Article 37, paragraph (2) (Records, etc. of Securities) of the New Order applies to interest to be received, on or after the date specified in Article 1, item (vii) (Effective Date) of the Supplementary Provisions, by an individual prescribed in Article 10, paragraph (1) (Nontaxability of Interest Income from Small Amounts of Deposits Held by Persons with Disabilities and Other Eligible Persons) of the Income Tax Act after the amendment by the provisions of Article 1 (Partial Amendment of the Income Tax Act) of the Act Partially Amending the Income Tax Act, etc. (Act No. 6 of 2007; hereinafter referred to as the "Amending Act") (hereinafter referred to as the "New Act") on the Securities prescribed in item (iii) of that paragraph, and for interest to be received, before that date, by an individual prescribed in Article 10, paragraph (1) (Nontaxability of Interest Income from Small Amounts of Deposits Held by Persons with Disabilities and Other Eligible Persons) of the Income Tax Act before the amendment by the provisions of Article 1 of the Amending Act (hereinafter referred to as the "Former Act") on the Securities prescribed in item (iii) of that paragraph, the provisions then in force continue to govern.

①Article 52 (Attribution of Assets and Liabilities Belonging to Trust Property and Profit and Expenses Attributed to Trust Property) of the New Order applies to a trust that takes effect on or after the date specified in Article 1, item (v) (Effective Date) of the Supplementary Provisions (hereinafter referred to as the "Effective Date of the Trust Act") (in the case of a trust created by will, limited to one whose will was made on or after the Effective Date of the Trust Act, and including a trust deemed to be a new-law trust prescribed in Article 3, paragraph (1) of the Act on Arrangement of Relevant Acts Incidental to Enforcement of the Trust Act (Act No. 109 of 2006) pursuant to the provisions of Article 3, paragraph (1), Article 6, paragraph (1), Article 11, paragraph (2), Article 15, paragraph (2), Article 26, paragraph (1), Article 30, paragraph (2) or Article 56, paragraph (2) (Application of the New Act, etc.) of that Act (hereinafter referred to as a "new-law trust")), and for a trust that took effect before the Effective Date of the Trust Act (in the case of a trust created by will, including one whose will was made before the Effective Date of the Trust Act, but excluding a new-law trust), the provisions then in force continue to govern.

②Article 55, items (iv) through (vi) (Place for Tax Payment of Income Tax Subject to Withholding) of the New Order apply to the distributions of proceeds prescribed in those provisions that are payable on or after the Effective Date of the Trust Act, and for the distributions of proceeds prescribed in Article 55, item (iv) (Place for Tax Payment of Income Tax Subject to Withholding) of the Former Order that are payable before the Effective Date of the Trust Act, the provisions then in force continue to govern.

①Article 59, paragraph (1) (Revenue from Distributions of Proceeds of Investment Trusts, etc.) of the New Order applies to the termination prescribed in that paragraph of an Open-Ended Securities Investment Trust prescribed in that paragraph, or the partial cancellation of a Securities Investment Trust contract, on or after the Effective Date of the Trust Act, and for the termination prescribed in Article 59 (Revenue from Distributions of Proceeds of Open-Ended Securities Investment Trusts) of the Former Order of an Open-Ended Securities Investment Trust prescribed in that Article, or the partial cancellation of a Securities Investment Trust contract, before the Effective Date of the Trust Act, the provisions then in force continue to govern.

②Article 59, paragraph (2) of the New Order applies to the termination prescribed in that paragraph of an Investment Trust, etc. prescribed in that paragraph, or the partial cancellation of a trust contract, on or after the Effective Date of the Trust Act.

③Article 59, paragraph (3) of the New Order applies to the trust split prescribed in that paragraph of a Specified Trust That Issues Beneficiary Certificates prescribed in that paragraph on or after the Effective Date of the Trust Act.

①Article 61, paragraph (1), item (iii) (Method of Calculating the Amount of Stated Capital, etc. or the Amount of Consolidated Individual Stated Capital, etc. Corresponding to Shares Held) of the New Order applies to an acquisition that a corporation makes, on or after the date specified in Article 1, item (vi) (Effective Date) of the Supplementary Provisions, on a ground listed in item (iii) of that paragraph.

②Article 61, paragraph (1), items (vi) and (vii) of the New Order apply to an acquisition that a corporation makes, on or after May 1, 2007, on a ground listed in those provisions.

③Article 61, paragraph (2), items (ii) through (iv) of the New Order apply to the company split by split-off prescribed in item (ii) of that paragraph, the refund, etc. prescribed in item (iii) of that paragraph, or the acquisition of own shares, etc. prescribed in item (iv) of that paragraph that a corporation carries out on or after the Effective Date, and for the company split by split-off prescribed in Article 61, paragraph (2), item (ii) (Method of Calculating the Amount of Stated Capital, etc. or the Amount of Consolidated Individual Stated Capital, etc. Corresponding to Shares Held) of the Former Order, the refund, etc. prescribed in item (iii) of that paragraph, or the acquisition of own shares, etc. prescribed in item (iv) of that paragraph that a corporation carried out before the Effective Date, the provisions then in force continue to govern. In this case, with regard to the application of Article 61, paragraph (2), item (ii) of the New Order during the period from the Effective Date to the day before the Effective Date of the Trust Act, in item (ii), (a)(2) of that paragraph, the phrase "item (xxxii) of that Article" is deemed to be replaced with "item (xxxi)-3 of that Article".

④The provisions of Article 61, paragraphs (4) and (5) of the New Order (limited to the part pertaining to a Trust Subject to Corporate Taxation) apply to trusts that take effect on or after the Effective Date of the Trust Act (in the case of a trust created by will, limited to one for which the will was made on or after the Effective Date of the Trust Act, and including new-law trusts).

The provisions of Article 85, paragraph (1) (Calculation of the Amount of Depreciation of Non-Business Assets) of the New Order apply to assets prescribed in that paragraph that an individual transfers on or after the Effective Date, and the provisions then in force continue to govern assets prescribed in Article 85, paragraph (1) (Calculation of the Amount of Depreciation of Non-Business Assets) of the Former Order that an individual transferred before the Effective Date.

①Where an individual who, before the Effective Date, has become entitled to receive a grant listed in Article 89, item (ii) (Scope of Government Subsidies or Their Equivalent) of the Former Order receives, on or after the Effective Date, a grant pertaining to the provisional employment welfare project prescribed in Article 6, paragraph (1) (Transitional Measures Accompanying Abolition of Employment Welfare Projects) of the Supplementary Provisions of the Act Partially Amending the Employment Insurance Act, etc. (Act No. 30 of 2007) (limited to the project listed in item (ii) of that paragraph), the provisions of Article 89 of the Former Order (limited to the part pertaining to item (ii)) remain in force. In this case, the phrase "Article 9, paragraph (1), item (i) or (iii) (Projects Concerning the Welfare, etc. of Construction Workers) of the Act on the Improvement of Employment of Construction Workers (Act No. 33 of 1976)" in item (ii) of that Article is deemed to be replaced with "Article 6, paragraph (1) (Transitional Measures Accompanying Abolition of Employment Welfare Projects) of the Supplementary Provisions of the Act Partially Amending the Employment Insurance Act, etc. (Act No. 30 of 2007)".

②The provisions then in force continue to govern the subsidies listed in Article 89, item (vi) of the Former Order that an individual received before the Effective Date.

①The provisions of Article 99, paragraph (1), item (ii) (Method of Valuation of Inventory Assets) of the New Order apply to income tax for 2008 and subsequent years, and the provisions then in force continue to govern income tax for 2007 and earlier years.

②In the case where an individual who has selected the lower of cost or market method prescribed in Article 99, paragraph (1), item (ii) (Method of Valuation of Inventory Assets) of the Former Order for inventory assets held on December 31, 2007 holds, on December 31, 2008 (if that individual dies or has an Absence From Japan in the middle of the year, at the time of the death or Absence From Japan; the same applies hereinafter in this paragraph), inventory assets belonging to the same type of business and category of assets as the type of business and category of assets for which that selection was made (meaning the type of business and category of assets prescribed in Article 100, paragraph (1) (Selection of Method of Valuation of Inventory Assets) of the New Order; the same applies hereinafter in this paragraph), and that individual has not selected the cost method prescribed in Article 99, paragraph (1), item (i) of the New Order for those inventory assets (limited to those for which the price ordinarily required for their acquisition on December 31, 2008 (hereinafter in this paragraph referred to as the "replacement cost") is less than the value assessed by the cost method prescribed in item (ii) of that paragraph), the individual may apply that Article treating that replacement cost as the value on December 31 of that year prescribed in item (ii) of that paragraph.

①The provisions of Article 105, paragraph (2) (Method of Valuation of Securities) of the New Order apply to cases where an event prescribed in that paragraph occurs on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern cases where an event prescribed in Article 105, paragraph (2) (Method of Valuation of Securities) of the Former Order occurred before the Effective Date of the Trust Act.

②The provisions then in force continue to govern cases where a split prescribed in Article 110, paragraph (2) (Acquisition Price of Shares, etc. in the Case of a Share Split or Consolidation) of the Former Order occurred before the Effective Date of the Trust Act.

③The provisions of Article 110, paragraph (2) (Acquisition Price of Shares, etc. in the Case of a Share Split or Consolidation) of the New Order apply to cases where a split or consolidation prescribed in that paragraph occurs on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern cases where a split or consolidation prescribed in Article 110, paragraph (3) of the Former Order occurred before the Effective Date of the Trust Act.

④The provisions of Article 112, paragraph (1) (Acquisition Price of Shares, etc. Acquired through Merger) of the New Order (excluding the part pertaining to a merger of trusts) apply to cases where a merger prescribed in that paragraph occurs on or after May 1, 2007, and the provisions then in force continue to govern cases where a merger prescribed in Article 112 (Acquisition Price of Shares Acquired through Merger) of the Former Order occurred before that date.

⑤The provisions of Article 112, paragraph (1) of the New Order (limited to the part pertaining to a merger of trusts) apply to cases where a merger prescribed in that paragraph occurs on or after the Effective Date of the Trust Act.

⑥The provisions of Article 112, paragraph (2) of the New Order apply to cases where a merger of trusts prescribed in that paragraph occurs on or after the Effective Date of the Trust Act.

⑦The provisions of Article 113, paragraphs (1) through (3) (Acquisition Price of Shares, etc. Acquired Through a Company Split by Split-Off) of the New Order (excluding the part pertaining to trust splits) apply to cases where a company split by split-off prescribed in those provisions occurs on or after May 1, 2007, and the provisions then in force continue to govern cases where a company split by split-off prescribed in Article 113, paragraphs (1) through (3) (Acquisition Price of Shares Acquired Through a Company Split by Split-Off) of the Former Order occurred before that date.

⑧The provisions of Article 113, paragraphs (1) and (2) of the New Order (limited to the part pertaining to trust splits) apply to cases where a company split by split-off prescribed in those provisions occurs on or after the Effective Date of the Trust Act.

⑨The provisions of Article 113, paragraphs (5) through (8) of the New Order apply to cases where a trust split prescribed in those provisions occurs on or after the Effective Date of the Trust Act.

⑩The provisions of Article 114, paragraph (4) (Acquisition Price of Shares, etc. in Case of Return of Capital, etc.) of the New Order apply to cases where a partial cancellation referred to in that paragraph is made on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern cases where a partial cancellation referred to in Article 114, paragraph (4) (Acquisition Price of Shares, etc. in Case of Return of Capital, etc.) of the Former Order was made before the Effective Date of the Trust Act.

⑪The provisions of Article 117 (Previous Acquisition Price, etc. per Old Share) of the New Order apply to cases where an event prescribed in that Article occurs on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern cases where an event prescribed in Article 117 (Previous Acquisition Price, etc. per Old Share) of the Former Order occurred before the Effective Date of the Trust Act.