This Act comes into effect as of April 1, 1975; provided, however, that the provisions amending Article 489, paragraphs (1) and (2), Article 490, paragraph (2) and Article 31 of the Supplementary Provisions, and the provisions of Article 26 of the Supplementary Provisions, come into effect on June 1 of the same year, and the provisions amending Article 72-22, paragraph (8), Article 114-4, Article 114-5, paragraph (1), Article 129, paragraph (3) and Article 700-14, and the provisions amending the provisions concerning business office tax, come into effect on October 1 of the same year.

The provisions of Article 17-4, paragraph (1) of the Local Tax Act after the amendment (hereinafter referred to as the "New Act") apply to the amount to be added to an overpayment for which expenditure for a refund is determined, or which is appropriated, on or after April 1, 1975 (hereinafter referred to as the "Effective Date"), and the provisions then in force continue to govern the amount to be added to an overpayment for which expenditure for a refund was determined, or which was appropriated, before the Effective Date.

①Except as otherwise specially provided, the provisions of the New Act relating to individual prefectural inhabitant tax apply from individual prefectural inhabitant tax for fiscal year 1975, and the provisions then in force continue to govern individual prefectural inhabitant tax up to fiscal year 1974.

②With regard to the application of the provisions of Article 32, paragraph (4), item (i) of the New Act, only for individual prefectural inhabitant tax for fiscal year 1975, the phrase "300,000 yen" in that item is deemed to be replaced with "275,000 yen".

③Except as otherwise specially provided, the provisions of the New Act relating to corporate prefectural inhabitant tax apply to corporate prefectural inhabitant tax for business years ending on or after the Effective Date, and the provisions then in force continue to govern corporate prefectural inhabitant tax for business years that ended before the Effective Date.

①The provisions of the New Act relating to individual enterprise tax apply from individual enterprise tax for fiscal year 1975, and the provisions then in force continue to govern individual enterprise tax up to fiscal year 1974.

②With regard to the application of the provisions of Article 72-17, paragraph (3), item (i) of the New Act, only for individual enterprise tax for fiscal year 1975, the phrase "300,000 yen" in that item is deemed to be replaced with "275,000 yen".

③Except as otherwise specially provided, the provisions of the New Act relating to corporate enterprise tax apply to corporate enterprise tax for business years ending on or after the Effective Date and to corporate enterprise tax on liquidation income arising from dissolution or merger on or after the Effective Date (including corporate enterprise tax for a business year in liquidation of a corporation subject to enterprise tax on liquidation income and corporate enterprise tax 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 enterprise tax for business years that ended before the Effective Date and corporate enterprise tax on liquidation income arising from dissolution or merger before the Effective Date.

④The provisions of Article 72-14, paragraph (1), proviso of the New Act (limited to the part relating to Article 55 of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957)) apply to specified shares, etc. prescribed in Article 55, paragraph (1) of that Act that a corporation acquires on or after the Effective Date, and the provisions then in force continue to govern specified shares, etc. prescribed in Article 55, paragraph (1) 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. 16 of 1975) that a corporation acquired before the Effective Date.

⑤The provisions of Article 72-22, paragraph (8) of the New Act apply to corporate enterprise tax for business years ending on or after October 1, 1975 and to corporate enterprise tax on liquidation income arising from dissolution or merger on or after that date, and the provisions then in force continue to govern corporate enterprise tax for business years that ended before that date and corporate enterprise tax on liquidation income arising from dissolution or merger before that date.

The provisions of the New Act relating to real property acquisition tax apply to real property acquisition tax to be imposed on the acquisition of real property on or after the Effective Date, and with regard to real property acquisition tax imposed on the acquisition of real property before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 74, paragraph (7) and Article 464, paragraph (4) of the New Act apply from prefectural tobacco consumption tax and municipal tobacco consumption tax for fiscal year 1976, and the provisions then in force continue to govern prefectural tobacco consumption tax and municipal tobacco consumption tax for fiscal year 1975.

The provisions of Article 114-4, Article 114-5, paragraph (1) and Article 129, paragraph (3) of the New Act apply to consumption tax on meals, drinks, etc. to be imposed on eating, drinking and lodging and other acts of use (meaning the other acts of use prescribed in Article 113, paragraph (1) of the New Act) on or after October 1, 1975, and the provisions then in force continue to govern consumption tax on meals, drinks, etc. to be imposed on those acts before that date.

①Except as otherwise specially provided, the provisions of the New Act relating to individual municipal inhabitant tax apply from individual municipal inhabitant tax for fiscal year 1975, and the provisions then in force continue to govern individual municipal inhabitant tax up to fiscal year 1974.

②With regard to the application of the provisions of Article 313, paragraph (4), item (i) of the New Act, only for individual municipal inhabitant tax for fiscal year 1975, the phrase "300,000 yen" in that item is deemed to be replaced with "275,000 yen".

③Except as otherwise specially provided, the provisions of the New Act concerning corporate municipal inhabitant tax apply to corporate municipal inhabitant tax for business years ending on or after the Effective Date, and for corporate municipal inhabitant tax for business years that ended before the Effective Date, the provisions then in force continue to govern.

①Except as otherwise specially provided, the provisions of the New Act relating to fixed assets tax apply from fixed assets tax for fiscal year 1975, and the provisions then in force continue to govern fixed assets tax up to fiscal year 1974.

②The provisions of Article 349-3, paragraph (2), proviso of the New Act apply, from fixed assets tax for fiscal year 1975, to track facilities prescribed in the proviso to that paragraph that were laid on or after January 2, 1974.

③The provisions of Article 349-3, paragraph (2) of the Local Tax Act prior to the amendment (hereinafter referred to as the "Former Act") remain in force with respect to fixed assets tax imposed on structures prescribed in that paragraph that were laid up to January 1, 1974 (for fixed assets tax imposed on structures laid for the newly installing or expanding of a garage specified by Cabinet Order prescribed in that paragraph during the period from January 2, 1972 to January 1, 1974, limited to fixed assets tax up to fiscal year 1979).

④The provisions of Article 349-3, paragraph (3) of the New Act, in so far as they relate to depreciable assets used for the business of supplying gas to a gas utility, apply, from fixed assets tax for fiscal year 1975, to those depreciable assets newly installed on or after January 2, 1974.

⑤The provisions of Article 15, paragraph (2) of the Supplementary Provisions of the Former Act remain in force with respect to fixed assets tax imposed on automatic train stop devices acquired up to January 1, 1973 to which the provisions of Article 349-3, paragraph (13) of the Local Tax Act prior to amendment by the Act Partially Amending the Local Tax Act (Act No. 19 of 1974) apply. In this case, the phrase "Article 349-3, paragraph (13)" in Article 15, paragraph (2) of the Supplementary Provisions of the Former Act is deemed to be replaced with "Article 349-3, paragraph (13) of the Local Tax Act prior to amendment by the Act Partially Amending the Local Tax Act (Act No. 19 of 1974)".