Supplementary Provisions, Article 6Transitional Measures Concerning Enterprise Tax

①Except as provided for in the following paragraph, the provisions of the New Act concerning corporate enterprise tax (excluding the provisions of Article 72-69-2 of the New Act) apply to corporate enterprise tax for business years that begin on or after the Effective Date, and for corporate enterprise tax for business years that began before the Effective Date, the provisions then in force continue to govern.

②With regard to the application of Article 72-21, paragraph (1) of the Local Tax Act to enterprise tax for each business year beginning during the period from the Effective Date to March 31, 2036 on the business conducted by the Banks' Shareholdings Purchase Corporation, the phrase "the total amount of the amount of stated capital, etc. prescribed in Article 2, item (xvi) of the Corporation Tax Act as of the last day of each business year and the amount obtained by deducting from the total of the amounts listed in item (i) for each business year preceding that business year (hereinafter in this paragraph referred to as 'past business years') the total of the amounts listed in items (ii) and (iii) for past business years, adding to the result the amount listed in item (i) during that business year, and subtracting from that the amount listed in item (iii) during that business year" in that paragraph is deemed to be replaced with "the amount obtained by deducting, from the total amount of the amount of stated capital, etc. prescribed in Article 2, item (xvi) of the Corporation Tax Act as of the last day of each business year and the amount obtained by deducting from the total of the amounts listed in item (i) for each business year preceding that business year (hereinafter in this paragraph referred to as 'past business years') the total of the amounts listed in items (ii) and (iii) for past business years, adding to the result the amount listed in item (i) during that business year, and subtracting from that the amount listed in item (iii) during that business year, the amount obtained by multiplying that total amount by 19/20 for a business year beginning during the period from the date of enforcement of the Act Partially Amending the Local Tax Act, etc. (Act No. 2 of 2026) to March 31, 2027, by 9/10 for a business year beginning during the period from April 1 of the same year to March 31, 2028, by 8/10 for a business year beginning during the period from April 1 of the same year to March 31, 2029, by 7/10 for a business year beginning during the period from April 1 of the same year to March 31, 2030, by 6/10 for a business year beginning during the period from April 1 of the same year to March 31, 2031, by 5/10 for a business year beginning during the period from April 1 of the same year to March 31, 2032, by 4/10 for a business year beginning during the period from April 1 of the same year to March 31, 2033, by 3/10 for a business year beginning during the period from April 1 of the same year to March 31, 2034, by 2/10 for a business year beginning during the period from April 1 of the same year to March 31, 2035, and by 1/10 for a business year beginning during the period from April 1 of the same year to March 31, 2036, respectively". In this case, the provisions of paragraph (2) of that Article do not apply.