①The provisions of Article 176, paragraph (1) of the New Income Tax Act apply to interest and similar income or dividends and similar income prescribed in paragraph (1) of that Article that a domestic trust company prescribed in that paragraph (hereinafter referred to as a "domestic trust company" up to paragraph (4)) is to receive on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern interest and similar income or dividends and similar income prescribed in Article 176, paragraph (1) of the Former Income Tax Act that a trust company prescribed in that paragraph (hereinafter referred to as a "trust company" up to paragraph (5)) is to receive before the Effective Date of the Trust Act with regard to a Securities Investment Trust prescribed in item (i) of that paragraph.

②The provisions then in force continue to govern interest, etc. or dividends, etc. prescribed in Article 176, paragraph (1) of the Former Income Tax Act that a trust company is to receive with regard to a specified-purpose trust prescribed in item (i) of that paragraph (excluding one falling under a new-law trust).

③The provisions of Article 176, paragraph (2) of the New Income Tax Act apply to interest, etc. or dividends, etc. prescribed in that paragraph that a domestic trust company is to receive on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern interest, etc. or dividends, etc. prescribed in Article 176, paragraph (1) of the Former Income Tax Act that a trust company is to receive before the Effective Date of the Trust Act with regard to a trust set forth in item (ii) of that paragraph.

④The provisions of Article 176, paragraph (2) of the New Income Tax Act apply to distributions of profits prescribed in that paragraph that a domestic trust company is to receive on or after January 1, 2008, and the provisions then in force continue to govern interest, etc. or dividends, etc. prescribed in Article 176, paragraph (2) of the Former Income Tax Act that a trust company is to receive before that date.

⑤The provisions of Article 176, paragraphs (3) and (4) of the New Income Tax Act apply to the amount of income tax prescribed in paragraph (3) of that Article that is to be paid on or after the Effective Date of the Trust Act with regard to the trust property of a group investment trust prescribed in that paragraph that a Domestic Corporation has accepted, and the provisions then in force continue to govern the amount of income tax prescribed in Article 176, paragraph (2) of the Former Income Tax Act that is to be paid before the Effective Date of the Trust Act with regard to the trust property of a Jointly Managed Trust or Investment Trust prescribed in that paragraph that a trust company has accepted.

⑥The provisions of Article 180-2, paragraph (1) of the New Income Tax Act apply to domestic source income prescribed in that paragraph that a foreign trust company prescribed in that paragraph (hereinafter referred to as a "foreign trust company" in this Article) is to receive on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern domestic source income prescribed in Article 180-2, paragraph (1) of the Former Income Tax Act that a trust company prescribed in that paragraph (hereinafter referred to as a "trust company" in this Article) is to receive before the Effective Date of the Trust Act with regard to a trust prescribed in that paragraph (limited to a Securities Investment Trust prescribed in Article 176, paragraph (1), item (i) of the Former Income Tax Act) that has been entrusted to a business office prescribed in that paragraph (hereinafter referred to as a "business office" in this Article) located in Japan.

⑦The provisions then in force continue to govern domestic source income prescribed in Article 180-2, paragraph (1) of the Former Income Tax Act that a trust company is to receive with regard to a trust prescribed in Article 180-2, paragraph (1) of the Former Income Tax Act (limited to a specified-purpose trust prescribed in Article 176, paragraph (1), item (i) of the Former Income Tax Act, and excluding one falling under a new-law trust) that has been entrusted to a business office located in Japan.

⑧The provisions of Article 180-2, paragraph (2) of the New Income Tax Act apply to domestic source income prescribed in that paragraph that a foreign trust company is to receive on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern domestic source income prescribed in Article 180-2, paragraph (1) of the Former Income Tax Act that a trust company is to receive before the Effective Date of the Trust Act with regard to a trust prescribed in Article 180-2, paragraph (1) of the Former Income Tax Act (limited to a trust set forth in Article 176, paragraph (1), item (ii) of the Former Income Tax Act) that has been entrusted to a business office located in Japan.

⑨The provisions of Article 180-2, paragraph (2) of the New Income Tax Act apply to domestic source income prescribed in that paragraph (limited to domestic source income set forth in Article 161, item (xii) of the New Income Tax Act) that a foreign trust company is to receive on or after January 1, 2008, and the provisions then in force continue to govern domestic source income prescribed in Article 180-2, paragraph (2) of the Former Income Tax Act that a trust company is to receive before that date.

⑩The provisions of Article 180-2, paragraphs (3) and (4) of the New Income Tax Act apply to the amount of income tax prescribed in paragraph (3) of that Article that is to be paid on or after the Effective Date of the Trust Act with regard to the trust property of a group investment trust prescribed in that paragraph that a Foreign Corporation has accepted, and the provisions then in force continue to govern the amount of income tax prescribed in Article 180-2, paragraph (2) of the Former Income Tax Act that is to be paid before the Effective Date of the Trust Act with regard to the trust property of a Jointly Managed Trust or Investment Trust prescribed in that paragraph that a trust company has accepted.

The provisions of Article 181, paragraph (2) of the New Income Tax Act apply to dividends, etc. prescribed in that paragraph that are to be paid on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern dividends, etc. prescribed in Article 181, paragraph (2) of the Former Income Tax Act that are to be paid before the Effective Date of the Trust Act.

①The provisions of Article 198, paragraphs (2) through (5) of the New Income Tax Act apply to returns under the provisions of Articles 194 through 196 of the New Income Tax Act that are submitted, on or after July 1, 2007, to a payer of salary, etc. referred to in Article 198, paragraph (2) of the New Income Tax Act who has obtained the approval of the competent district director referred to in that paragraph.

②The provisions of Article 203, paragraphs (4) through (7) of the New Income Tax Act apply to returns under the provisions of paragraph (1) of that Article that are submitted, on or after July 1, 2007, to a payer of retirement allowances, etc. referred to in paragraph (4) of that Article who has obtained the approval of the competent district director referred to in that paragraph.

③The provisions of Article 203-5, paragraphs (4) through (7) of the New Income Tax Act apply to returns under the provisions of paragraph (1) of that Article that are submitted, on or after July 1, 2007, to a payer of public pensions, etc. referred to in paragraph (4) of that Article who has obtained the approval of the competent district director referred to in that paragraph.

①The provisions of Article 212, paragraph (1) of the New Income Tax Act apply to domestic source income prescribed in that paragraph that is to be paid to a Foreign Corporation on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern domestic source income prescribed in Article 212, paragraph (1) of the Former Income Tax Act that is to be paid to a Foreign Corporation before the Effective Date of the Trust Act.

②The provisions of Article 212, paragraph (3) of the New Income Tax Act apply to interest and similar income, dividends and similar income, compensation for periodic deposits, finance charges, profits, margin profits, distributions of profits, or monetary awards prescribed in that paragraph that are to be paid to a Domestic Corporation on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern interest and similar income, dividends and similar income, compensation for periodic deposits, finance charges, profits, margin profits, distributions of profits, or monetary awards prescribed in Article 212, paragraph (3) of the Former Income Tax Act that are to be paid to a Domestic Corporation before the Effective Date of the Trust Act.

①The provisions of Article 224, paragraph (1) of the New Income Tax Act apply to interest, etc. or dividends, etc. prescribed in that paragraph that are to be received on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern interest, etc. or dividends, etc. prescribed in Article 224, paragraph (1) of the Former Income Tax Act that are to be received before the Effective Date of the Trust Act.

②The provisions of Article 224, paragraph (2) of the New Income Tax Act apply to dividends of surplus or distributions of proceeds prescribed in that paragraph that are to be received on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern dividends of surplus or distributions of proceeds prescribed in Article 224, paragraph (2) of the Former Income Tax Act that are to be received before the Effective Date of the Trust Act.

①The provisions of Article 224-3, paragraph (1) of the New Income Tax Act (including as applied mutatis mutandis pursuant to paragraph (3) of that Article) apply to transfers of shares, etc. prescribed in paragraph (2) of that Article or deliveries of monies or other assets prescribed in paragraph (3) of that Article that are made on or after the date on which this Act comes into effect (hereinafter referred to as "the Effective Date"), and the provisions then in force continue to govern transfers of shares, etc. prescribed in Article 224-3, paragraph (2) of the Former Income Tax Act or deliveries of monies or other assets prescribed in paragraph (3) of that Article that were made before the Effective Date.

②The provisions of Article 224-3 of the New Income Tax Act (limited to the part concerning paragraph (2), item (vi)) apply to transfers of shares, etc. prescribed in that paragraph that are made on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern transfers of shares, etc. prescribed in Article 224-3, paragraph (2) of the Former Income Tax Act that were made before the Effective Date of the Trust Act.

The provisions of Article 224-4 of the New Income Tax Act (excluding the part concerning item (ii)) apply to transfers of a Beneficial Interest in a Trust prescribed in that Article that are made on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern transfers of a Beneficial Interest in a Trust prescribed in Article 224-4 of the Former Income Tax Act that were made before the Effective Date of the Trust Act.

①Article 225, paragraph (1) of the New Income Tax Act applies to the reports prescribed in that paragraph that concern dividends or similar income prescribed in item (ii) of that paragraph or domestic source income prescribed in item (viii) of that paragraph (limited to that set forth in Article 161, item (v) of the New Income Tax Act) which are to be paid on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern the reports prescribed in Article 225, paragraph (1) of the Former Income Tax Act that concern dividends or similar income prescribed in item (ii) of that paragraph or domestic source income prescribed in item (viii) of that paragraph (limited to that set forth in Article 161, item (v) of the Former Income Tax Act) which were to be paid before the Effective Date of the Trust Act.

②Article 225, paragraphs (3) and (4) of the New Income Tax Act apply to the paper-based notifications referred to in paragraph (2) of that Article which are issued on or after January 1, 2008.

Article 226, paragraphs (4) and (5) of the New Income Tax Act apply to withholding receipts for severance pay or other such compensation referred to in paragraph (2) of that Article or for public pensions or retirement packages referred to in paragraph (3) of that Article which are issued on or after January 1, 2008.

Article 227 of the New Income Tax Act applies to the accounting statements prescribed in that Article which are submitted on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern the accounting statements prescribed in Article 227 of the Former Income Tax Act which were submitted before the Effective Date of the Trust Act.

Article 227-2 of the New Income Tax Act applies to the statements prescribed in that Article which are submitted on or after January 1, 2008, and the provisions then in force continue to govern the statements prescribed in Article 227-2 of the Former Income Tax Act which were submitted before that date.

①Article 228, paragraph (1) of the New Income Tax Act applies to the reports prescribed in that paragraph which are submitted on or after January 1, 2008, and the provisions then in force continue to govern the reports prescribed in Article 228, paragraph (1) of the Former Income Tax Act which were submitted before that date.

②Article 228, paragraph (2) of the New Income Tax Act applies to the reports prescribed in that paragraph which are submitted on or after January 1, 2008.

③Article 228-4 of the New Income Tax Act (limited to the part concerning the reports prescribed in Article 227-2 and Article 228, paragraph (2) of the New Income Tax Act) applies to an optical disc or similar medium prescribed in Article 228-4 of the New Income Tax Act which is submitted on or after January 1, 2008, and the provisions then in force continue to govern an optical disc or similar medium prescribed in Article 228-4 of the Former Income Tax Act which was submitted before that date.

Article 231, paragraphs (2) and (3) of the New Income Tax Act apply to paper-based payment slips for severance pay or other such compensation or for public pensions or retirement packages referred to in paragraph (1) of that Article which are issued on or after January 1, 2008.

The provisions then in force continue to govern the application of penal provisions to conduct engaged in before this Act (or, for the provisions set forth in the items of Article 1 of the Supplementary Provisions, those provisions; the same applies hereinafter in this Article) comes into effect and to conduct engaged in after this Act comes into effect in the cases in which prior laws are to continue to govern pursuant to the provisions of these Supplementary Provisions.

Beyond what is provided for in these Supplementary Provisions, transitional measures necessary for the enforcement of this Act are specified by Cabinet Order.