This Act comes into effect as of April 1, 2001; provided, however, that the provisions listed in the following items come into effect as of the day specified in each of those items:

The provisions of Article 17-6, paragraph (2) of the Local Tax Act as amended by the provisions of Article 1 (hereinafter referred to as the "New Act") apply to corporate split, etc. prescribed in that paragraph (hereinafter in this Article referred to as "corporate split, etc.") carried out on or after April 1, 2001 (hereinafter referred to as the "Effective Date"), and the provisions then in force continue to govern corporate split, etc. carried out before the Effective Date.

①The provisions of Article 34 of the New Act apply to individual prefectural inhabitant tax for fiscal year 2002 and thereafter, and the provisions then in force continue to govern individual prefectural inhabitant tax up to fiscal year 2001.

②With regard to the application of the provisions of Article 34 of the New Act, for individual prefectural inhabitant tax for fiscal year 2002 only, "that is paid" in Article 34, paragraph (1), item (v), (d) of the New Act is deemed to be replaced with "that is paid (limited, in the case of one concluded by that casualty insurance company or foreign casualty insurance company, etc., to one for which the start of the insurance period of the insurance policy (where no insurance period is specified, the date on which it takes effect; the same applies in paragraph (8)) is on or after July 1, 2001)"; in item (v)-3 of that paragraph, "as a result of which mutual aid benefits" is deemed to be replaced with "as a result of which insurance benefits or mutual aid benefits"; in Article 34, paragraph (8), item (i) of the New Act, "among casualty insurance policies" is deemed to be replaced with "among casualty insurance policies (excluding those concluded by that foreign casualty insurance company, etc. outside the area where this Act is enforced),"; "those (excluding those set forth in item (iii) or paragraph (1), item (v), (d) and those concluded by that foreign casualty insurance company, etc. outside the area where this Act is enforced)" is deemed to be replaced with "those, and casualty insurance policies concluded by that casualty insurance company or foreign casualty insurance company, etc. under which insurance benefits are paid for bodily injury or illness, under which insurance benefits are paid as a result of having been admitted to a hospital or clinic and having paid the medical expenses prescribed in paragraph (1), item (ii) or for other reasons specified by Cabinet Order (limited to those for which the start of the insurance period of the casualty insurance policy is on or before June 30, 2001, and excluding those set forth in item (iii))"; and in item (iii) of that paragraph, "excluding" is deemed to be replaced with "excluding, and, in the case of one concluded by that life insurance company or foreign life insurance company, etc., limited to one for which the start of the insurance period of the insurance policy is on or after July 1, 2001".

③The provisions of Article 5, paragraph (1) of the Supplementary Provisions of the New Act apply to individual prefectural inhabitant tax for fiscal year 2003 and thereafter, and the provisions then in force continue to govern individual prefectural inhabitant tax up to fiscal year 2002.

④The provisions of Article 35-4 of the Supplementary Provisions of the New Act apply to individual prefectural inhabitant tax for fiscal year 2002 and thereafter, and the provisions then in force continue to govern individual prefectural inhabitant tax up to fiscal year 2001.

⑤With regard to the application of the provisions of Article 35-4 of the Supplementary Provisions of the New Act between the Effective Date and March 31, 2002, "paragraph (10)" in paragraph (2), item (i) and paragraph (4) of that Article is deemed to be replaced with "paragraph (9)".

⑥The provisions of the New Act concerning corporate prefectural inhabitant tax apply to corporate prefectural inhabitant tax for each business year, and corporate prefectural inhabitant tax on the corporation tax amount for each calculation period, where a merger or division takes place on or after the Effective Date, and to corporate prefectural inhabitant tax on the corporation tax amount on liquidation income arising from dissolution where a dissolution (excluding dissolution by merger; the same applies hereinafter in this paragraph, paragraph (1) of the following Article and Article 7, paragraph (6) of the Supplementary Provisions) takes place on or after the Effective Date (including corporate prefectural inhabitant tax on the corporation tax amount for the business year in liquidation of a corporation on which corporation tax on liquidation income is imposed and on the corporation tax amount to be paid upon a partial distribution of residual assets; the same applies hereinafter in this paragraph), and the provisions then in force continue to govern corporate prefectural inhabitant tax for each business year where a merger took place before the Effective Date, corporate prefectural inhabitant tax on the corporation tax amount on liquidation income arising from dissolution where a dissolution took place before the Effective Date, and corporate prefectural inhabitant tax on the corporation tax amount on liquidation income arising from merger where a merger took place before the Effective Date.

①Except as otherwise specially provided, the provisions of the New Act concerning corporate enterprise tax apply to corporate enterprise tax for each business year, and corporate enterprise tax for each calculation period, where a merger or division takes place on or after the Effective Date, and to corporate enterprise tax on liquidation income arising from dissolution where a dissolution takes place on or after the Effective Date (including corporate enterprise tax for the business year in liquidation of a corporation on which enterprise tax on liquidation income is imposed and corporate enterprise tax to be paid upon a partial distribution of residual assets; the same applies hereinafter in this paragraph), and the provisions then in force continue to govern corporate enterprise tax for each business year where a merger took place before the Effective Date, corporate enterprise tax on liquidation income arising from dissolution where a dissolution took place before the Effective Date, and corporate enterprise tax on liquidation income arising from merger where a merger took place before the Effective Date.

②The provisions of Article 72-43, paragraph (4) of the New Act apply to acts or calculations performed on or after March 31, 2001 by the transferring corporation prescribed in that paragraph relating to a merger, etc. prescribed in that paragraph made on or after the Effective Date (hereinafter in this paragraph referred to as the "transferring corporation"), the receiving corporation prescribed in Article 72-43, paragraph (4) of the New Act (hereinafter in this paragraph referred to as the "receiving corporation"), and a corporation that is a shareholder, etc. prescribed in Article 72-43, paragraph (4) of the New Act of the transferring corporation or the receiving corporation.

③The provisions then in force continue to govern corporate enterprise tax on the liquidation income of a merged corporation prescribed in Article 9, paragraph (1) of the Supplementary Provisions of the Local Tax Act prior to amendment by the provisions of Article 1 (hereinafter referred to as the "Former Act") where a merger took place before the Effective Date. In this case, "Article 18, paragraph (7) of the Supplementary Provisions of Act No. 11 of 1978" in that paragraph is deemed to be replaced with "Article 18, paragraph (7) of the Supplementary Provisions of Act No. 11 of 1978 as amended by Article 3 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)".