Supplementary Provisions, Article 8Application of Provisions on Special Provisions for Tokyo Metropolis

The provisions of Article 734, paragraph (3) of the New Act apply from corporate Tokyo inhabitant tax for the business year that includes the Effective Date and corporate Tokyo inhabitant tax relating to corporation tax amounts on liquidation income arising from dissolution or merger on or after that date (including corporate Tokyo inhabitant tax relating to corporation tax amounts for business years in liquidation of corporations on which corporation tax on liquidation income is imposed and corporation tax amounts to be paid by reason of partial distribution of residual assets; the same applies hereinafter), and for corporate Tokyo inhabitant tax for each business year up to the business year immediately preceding the business year that includes that date and corporate Tokyo inhabitant tax relating to corporation tax amounts on liquidation income arising from dissolution or merger before that date, the provisions then in force continue to govern.