Supplementary Provisions, Article 2Transitional Measures Concerning the Acquisition Price of Cryptoassets

The provisions of Article 119-6, paragraph (1) of the Order for Enforcement of the Income Tax Act after the amendment by the provisions of Article 1 (hereinafter referred to as the "New Order") apply to cryptoassets prescribed in Article 48-2, paragraph (1) of the Income Tax Act that an individual acquires on or after the date of enforcement of this Cabinet Order (hereinafter referred to as the "Effective Date"), and the provisions then in force continue to govern cryptoassets prescribed in Article 48-2, paragraph (1) of the Income Tax Act before the amendment by the provisions of Article 1 of the Act Partially Amending the Income Tax Act, etc. (Act No. 3 of 2023) that an individual acquired before the Effective Date.