①Except as otherwise provided, the provisions of the New Act relating to fixed assets tax apply from fixed assets tax for fiscal year 1965, and for fixed assets tax up to fiscal year 1964, the provisions then in force continue to govern.

②The provisions of Article 343, paragraph (7) of the New Act apply from fixed assets tax for fiscal year 1966, and for fixed assets tax up to fiscal year 1965, the provisions then in force continue to govern.

③The provisions of Article 348, paragraph (2), item (vi)-6 of the New Act apply to the machines and other equipment prescribed in that item that are newly established on or after April 1, 1964, from fixed assets tax for fiscal year 1965.

④The provisions of Article 349-3, paragraph (2) of the New Act, with respect to the structures prescribed in that paragraph that are laid in order to widen the distance between the centers of the tracks of business lines, apply to those structures laid on or after January 2, 1964, from fixed assets tax for fiscal year 1965.

⑤The provisions of Article 349-3, paragraph (4) of the New Act apply, from fixed assets tax for fiscal year 1965, to the machines and other equipment listed in item (iv) of the table in Article 43, paragraph (1) of the Act on Special Measures Concerning Taxation that are newly established on or after January 2, 1964 and are subject to the application of that paragraph (including machines and other equipment subject to the application of Article 43, paragraph (1), item (iii) of the Act on Special Measures Concerning Taxation prior to amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 32 of 1965)), or to the machines and facilities subject to the application of Article 12, paragraph (1) or Article 44, paragraph (1) of that Act (excluding the machinery and facilities, etc. subject to the application of Article 349-3, paragraph (4) of the Local Tax Act prior to amendment by the Act Partially Amending the Local Tax Act, etc. (Act No. 29 of 1964) that remains in force pursuant to Article 13 of the Supplementary Provisions of that Act).

⑥The provisions of Article 349-3, paragraph (18) of the New Act apply to the structures prescribed in that paragraph that are laid on or after January 2, 1964, from fixed assets tax for fiscal year 1965.

⑦The provisions of Article 349-5 of the New Act also apply to fixed assets tax for fiscal year 1965 and thereafter on depreciable assets used for a single factory, or a power station or substation, constructed before the Effective Date (hereinafter referred to as a "single factory") (including facilities added to a single factory that are recognized as being similar to a single factory; the same applies hereinafter), where the number of fiscal years from the fiscal year that includes April 1 of the year following the year that includes the date on which that single factory was constructed (where that date is January 1, the year that includes that date) through fiscal year 1965 does not exceed five (excluding those subject to the application of the following paragraph).

⑧For depreciable assets used for a single factory constructed on or before January 1, 1964 that were subject to the application of Article 349-5 of the Former Act when calculating the amount to become the tax base of fixed assets tax for fiscal year 1964, Article 349-5 of the New Act is applied, only for fixed assets tax for each fiscal year from fiscal year 1965 through the fiscal year in which that Article could be applied if the provisions of that Article of the Former Act had remained in force, by deeming those depreciable assets to be newly built large-scale depreciable assets prescribed in Article 349-5 of the New Act. In this case, the fiscal year corresponding to the first application year, second application year, third application year, fourth application year or fifth application year prescribed in Article 349-5 of the Former Act, if the provisions of that Article of the Former Act had remained in force with respect to those depreciable assets, is deemed to be, respectively, the first application year prescribed in Article 349-5, paragraph (1) of the New Act with respect to those depreciable assets, or the first application year, second application year, third application year, fourth application year or fifth application year prescribed in paragraph (2) of that Article.

①The provisions of Article 489, paragraphs (1) and (3) and paragraphs (6) through (8) of the New Act apply from the portion on or after June 1, 1965 (for electricity and gas tax subject to special collection, the portion relating to charges to be collected on or after that date), and for the portion up to May 31 of that year (for electricity and gas tax subject to special collection, the portion relating to charges to be collected on or before that date), the provisions then in force continue to govern.

②The provisions of Article 490-2 of the New Act apply from the portion on or after April 1, 1965 (for electricity and gas tax subject to special collection, the portion relating to charges to be collected on or after that date), and for the portion up to March 31 of that year (for electricity and gas tax subject to special collection, the portion relating to charges to be collected on or before that date), the provisions then in force continue to govern.

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.

For local tax imposed, or that should have been imposed, under the provisions of the Former Act, the provisions then in force continue to govern.

For the application of penal provisions to acts committed before the Effective Date relating to corporate prefectural inhabitant tax, corporate municipal inhabitant tax and corporate enterprise tax, and to acts committed on or after the Effective Date relating to those taxes for which the provisions then in force are to continue to govern pursuant to the provisions of these Supplementary Provisions, the provisions then in force continue to govern.

Beyond what is provided for in each of the preceding Articles, Transitional Measures necessary for the enforcement of this Act are specified by Cabinet Order.