This Act comes into effect on April 1, 1995; provided, however, that the provisions set forth in the following items come into effect on the dates specified in those items:

①Except as otherwise specially provided, the provisions of the Local Tax Act as amended by the provisions of Article 1 (hereinafter referred to as the "New Act") relating to individual prefectural inhabitant tax apply to individual prefectural inhabitant tax for fiscal years beginning with fiscal year 1995, and with regard to individual prefectural inhabitant tax for fiscal years up to and including fiscal year 1994, the provisions then in force continue to govern.

②With regard to the application of Article 34, paragraph (1), item (x)-2 of the New Act, for individual prefectural inhabitant tax for fiscal year 1995 only, in that item, "760,000 yen" is deemed to be replaced with "700,000 yen"; in item (x)-2, (a)(1) of that paragraph, "100,000 yen" is deemed to be replaced with "50,000 yen"; in item (x)-2, (a)(2) of that paragraph, "100,000 yen" is deemed to be replaced with "50,000 yen" and "330,000 yen" is deemed to be replaced with "300,000 yen"; in item (x)-2, (b)(1) of that paragraph, "450,000 yen" is deemed to be replaced with "400,000 yen"; in item (x)-2, (b)(2) of that paragraph, "450,000 yen" is deemed to be replaced with "400,000 yen", "750,000 yen" is deemed to be replaced with "650,000 yen", and "from 380,000 yen" is deemed to be replaced with "from 320,000 yen"; and in item (x)-2, (b)(3) of that paragraph, "750,000 yen" is deemed to be replaced with "650,000 yen" and "30,000 yen" is deemed to be replaced with "50,000 yen".

③The provisions of Article 50-4 and Appended Table 1 of the New Act apply to the income levy on severance pay or other such compensation (meaning severance pay or other such compensation prescribed in Article 50-2 of the New Act; the same applies hereinafter in this paragraph) to be paid on or after January 1, 1995, and with regard to the income levy on severance pay or other such compensation to be paid before that date, the provisions then in force continue to govern.

④The provisions of Article 23, paragraph (1), items (vii) and (viii) and Article 32, paragraph (4), item (i) of the New Act apply to individual prefectural inhabitant tax for fiscal years beginning with fiscal year 1996, and with regard to individual prefectural inhabitant tax for fiscal years up to and including fiscal year 1995, the provisions then in force continue to govern.

Except as otherwise specially provided, the provisions of Chapter II, Section 3 and Articles 9-4 through 9-16 of the Supplementary Provisions of the New Act apply to local consumption tax relating to taxable transfers, etc. of assets (meaning taxable transfers, etc. of assets prescribed in Article 2, paragraph (1), item (ix) of the Consumption Tax Act (Act No. 108 of 1988); the same applies in Articles 5 and 6) made by business operators on or after April 1, 1997 (hereinafter referred to as the "application date" in the Supplementary Provisions through Article 6) and to taxable goods taken out of a bonded area on or after the application date (meaning taxable goods prescribed in item (xi) of that paragraph; the same applies in Articles 5 and 6).

The provisions of Article 72-87 of the New Act (including the case where applied with the replacement of terms in the second sentence of Article 9-5 and the second sentence of Article 9-6, paragraph (1) of the Supplementary Provisions of the New Act) apply where the taxable period prescribed in Article 42, paragraph (1), (4), (6) or (8) of the Consumption Tax Act begins on or after the application date.

①A business operator under Article 72-87 of the New Act may, only where Article 43, paragraph (1) of the Consumption Tax Act applies, if the amount that is the basis for calculating the amount set forth in item (iv) of that paragraph includes the amount of consumption tax relating to taxable transfers, etc. of assets subject to transitional measures or taxable purchases, etc. subject to transitional measures, file the return by treating the interim return period prescribed in Article 43, paragraph (1) of the Consumption Tax Act relating to the return under Article 72-87 of the New Act as one taxable period, and treating the amount calculated by applying paragraph (1) of the following Article as the amount set forth in Article 43, paragraph (1), item (iv) of the Consumption Tax Act prescribed in the provisions of each paragraph of Article 72-87 of the New Act relating to that interim return period.

②The taxable transfers, etc. of assets subject to transitional measures under the preceding paragraph means taxable transfers, etc. of assets to which, pursuant to the provisions of Article 7, Articles 10 through 14, Article 22 or Article 24 of the Supplementary Provisions of the Act Partially Amending the Income Tax Act and the Consumption Tax Act (Act No. 109 of 1994; hereinafter referred to as the "Income Tax Act Amendment Act" in this Article and the following Article), the tax rate prescribed in Article 29 of the Consumption Tax Act prior to amendment by the provisions of Article 3 of the Income Tax Act Amendment Act (referred to as the "Former Consumption Tax Act" in the following Article) applies.

③The taxable purchases, etc. subject to transitional measures under paragraph (1) means the following: