Supplementary Provisions, Article 2Application of Provisions on Prefectural Inhabitant Tax

①Except as otherwise specially provided, the provisions of the Local Tax Act after the amendment (hereinafter referred to as the "New Act") relating to individual prefectural inhabitant tax (excluding the provisions relating to the income levy imposed pursuant to the provisions of Article 50-2 of the New Act) apply from individual prefectural inhabitant tax for fiscal year 1970, and the provisions then in force continue to govern individual prefectural inhabitant tax up to fiscal year 1969.

②The provisions of Article 42, paragraph (3) of the New Act apply to local government levies relating to individual prefectural inhabitant tax for which there was payment or remittance on or after June 1, 1970.

③Appended Table 1 of the New Act applies to the calculation of the tax amount collected under the provisions of Article 50-6 of the New Act in respect of severance pay or other such compensation prescribed in Article 50-2 of the New Act that is paid on or after the day on which this Act comes into effect (hereinafter referred to as the "Effective Date") (hereinafter in this paragraph referred to as the "tax amount collected by special collection") or the tax amount collected under the provisions of Article 50-8 of the New Act that is finalized on or after that date (hereinafter in this paragraph referred to as the "ordinary collection tax amount"), and the provisions then in force continue to govern the calculation of the tax amount collected by special collection in respect of that severance pay or other such compensation paid before that date or of the ordinary collection tax amount finalized before that date.

④The provisions of Article 23, paragraph (1), item (iv) of the Local Tax Act prior to the amendment (hereinafter referred to as the "Former Act") remain in force with respect to the calculation of the corporation tax amount that forms the tax base of the corporation tax levy of prefectural inhabitant tax on a corporation that, pursuant to the provisions of Articles 11 and 12 of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 38 of 1970), is to be governed by the provisions of Article 42-3, Article 42-4 or Article 42-5 of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957) prior to amendment by that Act (hereinafter referred to as the "Act on Special Measures Concerning Taxation Before the Amendment").

⑤The provisions of Article 51, paragraph (1) of the New Act apply to corporate prefectural inhabitant tax for business years ending on or after May 1, 1970 and to corporate prefectural inhabitant tax relating to the corporation tax amount on liquidation income arising from dissolution or merger on or after that date (including corporate prefectural inhabitant tax relating to the corporation tax amount for a business year in liquidation of a corporation subject to corporation tax on liquidation income and the corporation tax amount payable upon a partial distribution of residual assets; the same applies hereinafter in this paragraph), and the provisions then in force continue to govern corporate prefectural inhabitant tax for business years that ended before that date and corporate prefectural inhabitant tax relating to the corporation tax amount on liquidation income arising from dissolution or merger before that date.