Supplementary Provisions, Article 16Application of Provisions on Special Provisions for Tokyo Metropolis

The provisions of Article 734, paragraph (3) of the New Act apply to corporate Tokyo inhabitant tax for business years ending on or after May 1, 1974 and to corporate Tokyo inhabitant tax relating to the corporation tax amount on liquidation income arising from dissolution or merger on or after that date (including corporate Tokyo 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 Article), and the provisions then in force continue to govern corporate Tokyo inhabitant tax for business years that ended before that date and corporate Tokyo inhabitant tax relating to the corporation tax amount on liquidation income arising from dissolution or merger before that date.