Supplementary Provisions, Article 6Transitional Measures Concerning Enterprise Tax

①Except as otherwise provided, the provisions of the New Act relating to corporate enterprise tax apply to corporate enterprise tax for business years beginning on or after the Effective Date, and with regard to corporate enterprise tax for business years that began before the Effective Date, the provisions then in force continue to govern.

②In the case where, for a corporation (limited to a gas manufacturer prescribed in Article 2, paragraph (10) of the Gas Business Act (Act No. 51 of 1954) or a former general gas deemed gas retail business operator prescribed in Article 22, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Electricity Business Act, etc., and Other Matters (Act No. 47 of 2015) (limited to one bearing the obligation under that paragraph) (referred to as a "gas manufacturer, etc." in paragraph (4) of the following Article)) that, in the business year including the day preceding the first day of the first business year beginning on or after the Effective Date (referred to as the "first business year" in this paragraph and paragraph (4) of the following Article), was conducting, within the gas supply business, a business other than the gas pipeline supply business prescribed in Article 72-2, paragraph (1), item (ii) of the New Act and the specified gas supply business prescribed in item (iv) of that paragraph (hereinafter referred to as the "covered gas supply business" in this paragraph), the income of each business year that is the tax base of enterprise tax relating to the covered gas supply business of that corporation is calculated pursuant to Article 72-23, paragraph (1) of the New Act in accordance with the rules for calculating the income that is the tax base of corporation tax for that business year of that corporation, that corporation is deemed to have calculated, for each business year that began within 10 years before the first day of the first business year of that corporation, the income of that business year that is the tax base of enterprise tax relating to the covered gas supply business pursuant to Article 72-23, paragraph (1) of the Former Act in accordance with the rules for calculating the individual income amount (meaning the individual income amount prescribed in Article 81-18, paragraph (1) of the Corporation Tax Act Before the 2020 Amendment; the same applies in paragraph (4) of the following Article) of that corporation relating to the income that is the tax base of corporation tax for that business year of that corporation or the consolidated income (meaning the consolidated income prescribed in Article 2, item (xviii)-4 of the Corporation Tax Act Before the 2020 Amendment; the same applies in paragraph (4) of the following Article) that is the tax base of corporation tax for each consolidated business year that includes the last day of that business year.

③The provisions then in force continue to govern corporate enterprise tax for business years beginning before January 1, 2022 of a Games-related foreign corporation under Article 8-6, paragraph (1) of the Supplementary Provisions of the Former Act.