This Act comes into effect as of the day following the date of promulgation; provided, however, that the provisions amending the provisions concerning amusement, eating and drinking tax and the provisions of Article 26 of the Supplementary Provisions come into effect as of May 1, 1961, and the part of the provisions amending Article 72-5, paragraph (1), item (iv) that relates to exporters' associations, importers' associations and exporters' and importers' associations that are associations without capital contributions, the provisions amending Article 72-22, paragraph (4), item (vi), and the provisions of Article 22 of the Supplementary Provisions come into effect as of the date of enforcement of the Act Partially Amending the Export and Import Transaction Act (Act No. 197 of 1961).

The provisions of Article 11-5 of the Local Tax Act as amended by this Act (hereinafter referred to as the "New Act") apply to local government levies relating to the income levy of prefectural inhabitant tax and municipal inhabitant tax for fiscal year 1962 and after that have become delinquent, and the provisions then in force continue to govern secondary tax liability concerning local government levies relating to the income levy of prefectural inhabitant tax and municipal inhabitant tax through fiscal year 1961.

The provisions of Article 14-9, paragraph (2), item (iii), (a) of the New Act apply to prefectural inhabitant tax and municipal inhabitant tax for fiscal year 1962 and after, and the provisions then in force continue to govern prefectural inhabitant tax and municipal inhabitant tax through fiscal year 1961.

The provisions of the New Act concerning individual prefectural inhabitant tax (excluding Articles 47 and 48 of the New Act) apply from individual prefectural inhabitant tax for fiscal year 1962, and the provisions then in force continue to govern individual prefectural inhabitant tax through fiscal year 1961.

With respect to local government levies relating to individual prefectural inhabitant tax and municipal inhabitant tax for which a prefectural tax collection official is continuing delinquent tax collection procedures on the date of enforcement of this Act under the proviso to Article 48, paragraph (1) of the Local Tax Act prior to amendment by this Act (hereinafter referred to as the "Former Act"), those levies are deemed, on that date, to be levies for which collection has been taken over from the municipal tax collection official under Article 48, paragraph (2) of the New Act.

The provisions of Article 24, paragraphs (2) and (3) and Article 25 of the New Act apply from corporate prefectural inhabitant tax for the business year that includes the date of enforcement of this Act, and the provisions then in force continue to govern corporate prefectural inhabitant tax for each business year through the business year immediately preceding the business year that includes that date.

The provisions of Article 53, paragraphs (1) and (5) of the New Act apply from corporate prefectural inhabitant tax for business years for which the return due date under Article 53, paragraph (1) of the New Act arrives on or after the date of enforcement of this Act, and the provisions then in force continue to govern corporate prefectural inhabitant tax for business years for which the return due date under Article 53, paragraph (1) of the New Act arrived before that date.

The provisions of Article 56, paragraph (2) and Article 64 of the New Act apply to the calculation of the amount of delinquency charge collected on or after the date of enforcement of this Act; provided, however, that the provisions then in force continue to govern the calculation of the amount of delinquency charge corresponding to a period before that date.

①The provisions of Article 72-50 of the New Act apply from individual enterprise tax for fiscal year 1961, and the provisions then in force continue to govern individual enterprise tax through fiscal year 1960.

②In addition to what is provided for in the preceding paragraph, the provisions of the New Act concerning individual enterprise tax apply from individual enterprise tax for fiscal year 1962, and the provisions then in force continue to govern individual enterprise tax through fiscal year 1961.

Of the provisions of Article 72-17, paragraph (4) of the New Act, the part concerning carry-forward deduction of the amount of loss under Article 72-17, paragraph (6) of the New Act applies from the amount of loss caused by a disaster or theft prescribed in Article 72-17, paragraph (5) of the New Act that occurred on or after January 1, 1961.

In the case where, for an individual who was subject to Article 72-17, paragraph (3) or (4) of the Former Act in calculating business income for individual enterprise tax for fiscal year 1961 or before and who still has an amount deductible from income under those provisions, Article 72-17, paragraph (3) or (4) of the New Act is applied in calculating business income for individual enterprise tax for fiscal year 1962 and after, the individual is deemed to have filed a return under Article 72-55 of the New Act in the year in which the loss arose and to have continuously filed that return for each year from the following year through 1961 or before.

The provisions of Article 72-5, paragraph (1), item (iv) of the New Act (excluding the part relating to exporters' associations, importers' associations and exporters' and importers' associations that are associations without capital contributions), Article 72-22, paragraph (4), items (v) and (viii), Article 72-26, paragraphs (3) and (5), and Article 72-48, paragraphs (2) and (5) of the New Act apply from corporate enterprise tax for business years beginning on or after April 1, 1961 and corporate enterprise tax on liquidation income from dissolution or merger on or after that date (including corporate enterprise tax for business years during liquidation and corporate enterprise tax to be paid upon the distribution of part of residual assets; the same applies in this Article and the following Article), and the provisions then in force continue to govern corporate enterprise tax for business years that began before that date and corporate enterprise tax on liquidation income from dissolution or merger before that date.

The provisions of Article 72-4, paragraph (1), item (v), Article 72-5, paragraph (1), item (iv) (the part concerning shipowners' mutual insurance associations), Article 72-18, paragraph (2) and Article 72-41, paragraph (1) of the Former Act remain in effect with respect to corporate enterprise tax for each business year through the business year immediately preceding the business year that includes the date of enforcement of this Act and corporate enterprise tax on liquidation income from dissolution or merger before that date.

The provisions of Article 72-44, paragraph (3) of the New Act apply to the calculation of the amount of delinquency charge collected on or after the date of enforcement of this Act; provided, however, that the provisions then in force continue to govern the calculation of the amount of delinquency charge corresponding to a period before that date.

The provisions of Article 72-46 of the New Act apply from the amount of additional charge for understatement or amount of additional charge for failure to file for which notice under Article 72-46, paragraph (4) of the New Act is given on or after the date of enforcement of this Act, and the provisions then in force continue to govern those for which that notice was given before that date.

The provisions of Article 72-47, paragraph (3) of the New Act apply from the amount of substantial additional charge for which notice under Article 72-47, paragraph (4) of the New Act is given on or after the date of enforcement of this Act, and the provisions then in force continue to govern those for which that notice was given before that date.

With respect to a corporation to which Article 72-18, paragraph (2) of the Former Act applied, where the amount expended by the disposition of surplus, such as dividends and bonuses, in each business year beginning within three years from the beginning of the business year of the corporation that includes the date of enforcement of this Act exceeds the amount specified by Cabinet Order as the amount of income for that business year, the amount specified by Cabinet Order as the part of the excess consisting of amounts that were not treated as income constituting the tax base under Article 72-18, paragraph (2) of the Former Act is to be included in gross profits in calculating the income for the business year relating to that disposition of surplus.

With respect to exporters' associations, importers' associations and exporters' and importers' associations that are associations without capital contributions and that exist at the time of enforcement of the Act Partially Amending the Export and Import Transaction Act (hereinafter in this Article referred to as "exporters' associations without capital contributions, etc."), the provisions of Article 72-5, paragraph (1), item (iv) of the New Act apply from corporate enterprise tax for business years beginning on or after the date of enforcement of the Act Partially Amending the Export and Import Transaction Act, and the provisions then in force continue to govern corporate enterprise tax for business years that ended before that date. In this case, where the date of enforcement of the Act Partially Amending the Export and Import Transaction Act falls in the middle of a business year of exporters' associations without capital contributions, etc., that business year ends on the day before the date of enforcement of the Act Partially Amending the Export and Import Transaction Act, and the business year following it begins on the date of enforcement of that Act.

The provisions of Article 73-2, paragraph (7) of the New Act (including as applied mutatis mutandis under Article 73-27, paragraph (2), Article 73-27-2, paragraph (5) and Article 73-28, paragraph (2) of the New Act) apply to the calculation of interest on refund relating to amounts to be refunded or appropriated on or after the date of enforcement of this Act.

The provisions of Article 73-24, paragraph (1) of the New Act apply to the case where land is acquired on or after the date of enforcement of this Act, and the provisions then in force continue to govern the case where land was acquired before that date.

The provisions of Article 73-27-2 of the New Act apply to the acquisition, made on or after the date of enforcement of this Act, by a holder of a security interest by transfer under Article 73-27-2 of the New Act of the property transferred as security referred to in Article 73-27-2 of the New Act.

The provisions of the New Act concerning automobile tax apply from automobile tax for fiscal year 1961, and the provisions then in force continue to govern automobile tax through fiscal year 1960.

The provisions of Article 292, paragraph (1), items (viii) and (ix), Article 295, paragraph (1), item (iii) and paragraphs (2) and (3), Article 311, Article 321-2, paragraph (1), Article 321-4, paragraphs (6) and (7), Article 321-5, paragraph (1) and Article 321-6, paragraph (1) of the New Act apply from individual municipal inhabitant tax for fiscal year 1961, and the provisions of the New Act relating to individual municipal inhabitant tax other than those apply from individual municipal inhabitant tax for fiscal year 1962.