Supplementary Provisions, Article 3Application of Provisions on Enterprise Tax

①The provisions of the proviso to Article 72-14, paragraph (1) of the New Act apply to the calculation of income for each business year for business years ending on or after April 1, 1973, and for the calculation of income for each business year for business years ending before that date, the provisions then in force continue to govern; provided, however, that, for the calculation of income for each business year that is the tax base of enterprise tax on corporations that are to be governed by the provisions of Article 55 or Article 56 of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957) prior to amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1973; hereinafter referred to as the "1973 Act on Special Measures Concerning Taxation Amendment Act") (hereinafter referred to as the "Act on Special Measures Concerning Taxation Before the Amendment"), as replaced pursuant to Article 12, paragraph (4) of the Supplementary Provisions of that Act, the provisions of the proviso to Article 72-14, paragraph (1) of the Former Act remain in force.

②The provisions of Article 9, paragraphs (1) and (4) of the Supplementary Provisions of the New Act apply to the calculation of income for each business year for business years beginning on or after April 1, 1973, and for the calculation of income for each business year for business years beginning before that date, the provisions then in force continue to govern.

③The provisions of the New Act relating to individual enterprise tax apply from individual enterprise tax for fiscal year 1973, and for individual enterprise tax up to fiscal year 1972, the provisions then in force continue to govern.