①Except as otherwise specially provided, the provisions of the New Act concerning fixed assets tax (excluding the provisions of Article 350, Articles 355 through 357, Articles 380 through 382, Article 387, Article 394, Article 409, Article 415, Article 417 and Article 419 of the New Act) apply to fixed assets tax for fiscal year 1998 and thereafter, and the provisions then in force continue to govern fixed assets tax up to fiscal year 1997.

②The provisions then in force continue to govern fixed assets tax imposed on fixed assets prescribed in Article 348, paragraph (2), item (xxxii) of the Local Tax Act as it stood prior to amendment by the provisions of Article 1 (hereinafter referred to as the "Former Act") that were acquired before January 2, 1998.

③The provisions of Article 349-3, paragraph (1) of the New Act apply to fixed assets tax for fiscal year 1999 and thereafter imposed on depreciable assets prescribed in that paragraph that are newly put to use for a substation or power transmission facility on or after January 2, 1998, and the provisions then in force continue to govern fixed assets tax imposed on depreciable assets prescribed in Article 349-3, paragraph (1) of the Former Act that were newly put to use for a substation or power transmission facility by January 1, 1998.

④The provisions then in force continue to govern fixed assets tax imposed on a house prescribed in Article 349-3, paragraph (24) of the Former Act that was acquired before January 2, 1998.

⑤The provisions of Article 349-3, paragraph (25) of the New Act apply to fixed assets tax for fiscal year 1998 and thereafter imposed on houses and depreciable assets prescribed in that paragraph that were acquired on or after January 2, 1997, and the provisions then in force continue to govern fixed assets tax imposed on houses and depreciable assets prescribed in Article 349-3, paragraph (25) of the Former Act that were acquired by January 1, 1997.

⑥The provisions of Article 349-3, paragraph (37) of the New Act apply to fixed assets tax for fiscal year 1999 and thereafter imposed on houses and depreciable assets prescribed in that paragraph that were acquired on or after January 2, 1998.

⑦The provisions of Article 349-3, paragraph (38) of the New Act apply to fixed assets tax for fiscal year 1999 and thereafter imposed on depreciable assets prescribed in that paragraph that are newly put to use for a substation or power transmission facility on or after January 2, 1998.

⑧With regard to fixed assets tax for fiscal year 1998 and fiscal year 1999 imposed on facilities for preventing noise (limited to those acquired by January 1, 1997; hereinafter in this paragraph referred to as "noise prevention facilities") among the fixed assets prescribed in Article 15, paragraph (9) of the Supplementary Provisions of the Former Act, the provisions of paragraph (9) of that Article remain in force. In this case, in applying the provisions of that paragraph to noise prevention facilities, "fiscal year 1996 and fiscal year 1997" in that paragraph is deemed to be replaced with "fiscal year 1998 and fiscal year 1999", and "two-thirds" is deemed to be replaced with "five-sixths".

⑨The provisions then in force continue to govern fixed assets tax imposed on fixed assets used for the business prescribed in Article 3, paragraph (1), item (ii) of the Act on Dissolution of the Foreign Trade Pier Public Corporation and Succession to Its Business (Act No. 28 of 1981) prescribed in Article 15, paragraph (19) of the Supplementary Provisions of the Former Act that were acquired between April 1, 1991 and March 31, 1998 by a designated corporation prescribed in that paragraph, and on fixed assets used for specified-use port facilities prescribed in Article 55-7, paragraph (2) of the Port and Harbour Act (Act No. 218 of 1950) prescribed in Article 15, paragraph (19) of the Supplementary Provisions of the Former Act that were acquired between April 1, 1993 and March 31, 1998 by a corporation equivalent to a designated corporation prescribed in that paragraph.

⑩The provisions of Article 15, paragraph (26) of the Supplementary Provisions of the Former Act remain in force with respect to fixed assets tax imposed on structures prescribed in that paragraph that were installed between January 2, 1994 and January 1, 1999.

⑪The provisions then in force continue to govern fixed assets tax imposed on depreciable assets prescribed in Article 15, paragraph (27) of the Supplementary Provisions of the Former Act that were newly installed between April 1, 1995 and March 31, 1998.

⑫The provisions then in force continue to govern fixed assets tax imposed on telecommunications circuit facilities prescribed in Article 15, paragraph (28) of the Supplementary Provisions of the Former Act that were newly installed between April 1, 1996 and March 31, 1998 and used for the Type I telecommunications business prescribed in Article 6, paragraph (2) of the Telecommunications Business Act (Act No. 86 of 1984).

⑬The provisions then in force continue to govern fixed assets tax imposed on depreciable assets prescribed in Article 15, paragraph (36) of the Supplementary Provisions of the Former Act that were newly put to use for a substation or power transmission facility between January 2, 1995 and March 31, 1998.

The provisions of Article 350, paragraphs (2) and (3) of the Former Act remain in force with respect to fixed assets tax for fiscal year 1998.

A municipality may, for fixed assets tax and city planning tax for fiscal year 1999, as provided by Municipal Ordinance, refrain from applying the provisions of Article 18-4 of the Supplementary Provisions of the New Act and the provisions of Article 18-4 of the Supplementary Provisions of the New Act as applied mutatis mutandis with replacement of terms in Article 25-2, paragraph (2) of the Supplementary Provisions of the New Act. In this case, in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act, "Article 18, paragraph (2), item (i) or (ii) of the Supplementary Provisions" is deemed to be replaced with "Article 18, paragraph (2), items (i) through (iii) of the Supplementary Provisions", "fiscal year 1997 or fiscal year 1998" is deemed to be replaced with "fiscal year 1999", "the fiscal year preceding each such fiscal year" is deemed to be replaced with "fiscal year 1998", and "each such fiscal year" is deemed to be replaced with "fiscal year 1999"; in paragraph (2) of that Article, "Article 18, paragraph (2), item (ii) of the Supplementary Provisions" is deemed to be replaced with "Article 18, paragraph (2), item (iv) of the Supplementary Provisions", "building land, etc. for fiscal year 1997" is deemed to be replaced with "building land, etc. for fiscal year 1999", "that (hereinafter in this paragraph referred to as "building land, etc. for fiscal year 1997"), or building land, etc. listed in Article 18, paragraph (2), item (iii) of the Supplementary Provisions that falls under building land, etc. listed in the left-hand column of the table in the preceding paragraph on the assessment date for fiscal year 1998 (hereinafter in this paragraph referred to as "building land, etc. for fiscal year 1998")" is deemed to be replaced with "that", "for building land, etc. for fiscal year 1997, the assessment date for fiscal year 1996, and for building land, etc. for fiscal year 1998, the assessment date for fiscal year 1997 (hereinafter in this paragraph referred to as the "assessment date for the previous fiscal year")" is deemed to be replaced with "the assessment date for fiscal year 1998", "for building land, etc. for fiscal year 1997, for fiscal year 1997, and for building land, etc. for fiscal year 1998, for fiscal year 1998" is deemed to be replaced with "for fiscal year 1999", and "is the previous fiscal year" is deemed to be replaced with "is fiscal year 1998"; in paragraph (3) of that Article, "fiscal year 1997 or fiscal year 1998" is deemed to be replaced with "fiscal year 1999" and "each such fiscal year" is deemed to be replaced with "fiscal year 1999"; and in Article 25-2, paragraph (1) of the Supplementary Provisions of the New Act, "Article 18-3 of the Supplementary Provisions" is deemed to be replaced with "Article 18-3 of the Supplementary Provisions as read with replacements pursuant to Article 8 of the Supplementary Provisions of the Act Partially Amending the Local Tax Act, etc. (Act No. 27 of 1998)", "for fiscal year 1997 and fiscal year 1998" is deemed to be replaced with "for fiscal year 1999", "Article 18, paragraph (2), item (i) or (ii) of the Supplementary Provisions" is deemed to be replaced with "Article 18, paragraph (2), items (i) through (iii) of the Supplementary Provisions", and "Article 18, paragraph (2), item (ii) of the Supplementary Provisions" is deemed to be replaced with "Article 18, paragraph (2), item (iv) of the Supplementary Provisions".

①Except as otherwise specially provided, the provisions of the New Act concerning special land holding tax imposed on land (excluding the provisions of Articles 590 through 592 of the New Act) apply to special land holding tax imposed on land for fiscal year 1998 and thereafter, and the provisions then in force continue to govern special land holding tax imposed on land up to fiscal year 1997.

②Except as otherwise specially provided, the provisions of the New Act concerning special land holding tax imposed on the acquisition of land (excluding the provisions of Articles 590 through 592) apply to special land holding tax to be imposed on the acquisition of land on or after the Effective Date, and the provisions then in force continue to govern special land holding tax imposed on the acquisition of land before the Effective Date (excluding special land holding tax imposed pursuant to Article 31-4, paragraph (2) of the Supplementary Provisions of the Former Act).

③The provisions of Article 586, paragraph (2), item (i)-10 of the New Act (limited to the part concerning special land holding tax imposed on land) apply to special land holding tax imposed on land used as the site of a building relating to facilities prescribed in that item that are newly installed or expanded on or after the date of enforcement of the Act Partially Amending the Act on Special Measures for the Promotion and Development of Okinawa, where those facilities are used for the business prescribed in that item, and on land used as the site of a house or structure prescribed in that item that is newly constructed or extended on or after that date.

④The part of the provisions of Article 586, paragraph (2), item (i)-14 of the New Act (limited to the part concerning special land holding tax imposed on land) that concerns land used as the site of a house or structure used for lodging facilities applies to special land holding tax imposed on land used as the site of that house or structure that is newly constructed or extended on or after the Effective Date.

⑤The provisions of Article 586, paragraph (2), item (i)-21 of the New Act (limited to the part concerning special land holding tax imposed on land) apply to special land holding tax imposed on land used as the site of a building prescribed in that item relating to facilities prescribed in that item that are newly installed or expanded on or after the date of enforcement of the Act Partially Amending the Act on Special Measures for the Promotion and Development of Okinawa, where that building, which is newly constructed or extended on or after that date, is used for the business prescribed in that item.

⑥The provisions of Article 586, paragraph (2), item (i)-22 of the New Act (limited to the part concerning special land holding tax imposed on land) apply to special land holding tax imposed on land used as the site of a house or structure prescribed in that item that is newly constructed or extended on or after the date of enforcement of the Act Partially Amending the Act on Special Measures for the Promotion and Development of Okinawa.

⑦The part of the provisions of Article 602, Articles 603-2 through 603-3, Article 607, paragraph (2), Article 608, paragraph (1), item (iv), Article 626 and Article 629, paragraph (6) of the New Act, and of Article 31-2, paragraph (8) (limited to the part relating to the provisions of Article 626 of the New Act), Article 38, paragraph (5) (limited to the part relating to the provisions of Article 626 of the New Act) and Article 39, paragraph (9) (limited to the part relating to the provisions of Article 626 of the New Act) of the Supplementary Provisions of the New Act, that concerns special land holding tax imposed on the acquisition of land applies to special land holding tax to be imposed on acquisitions of land made on or after the Effective Date and on acquisitions of land before the Effective Date for which filing and payment are to be made by the end of February 1999 pursuant to Article 599, paragraph (1), item (ii) or (iii) of the New Act (excluding those for which filing and payment were made, or should have been made, by the end of February 1998; hereinafter in this paragraph referred to as "land acquisition for which filing and payment are to be made by the end of February 1999"), and the provisions then in force continue to govern special land holding tax imposed on acquisitions of land before the Effective Date (excluding land acquisition for which filing and payment are to be made by the end of February 1999).

⑧The provisions then in force continue to govern special land holding tax imposed on the acquisition of land before January 1, 1998 (limited to special land holding tax imposed pursuant to Article 31-4, paragraph (2) of the Supplementary Provisions of the Former Act).