The provisions of Article 58 of the New Act apply to corporation tax on income for business years of corporations ending on or after the Effective Date, and with regard to corporation tax on income for business years of corporations ending before the Effective Date, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 58, paragraph (1) of the New Act in the case where a corporation has revenue from overseas transactions involving technology, etc. prescribed in that paragraph in a business year that commenced before the Effective Date and ends on or after the Effective Date, the phrase "55 percent of that revenue" in that paragraph is deemed to be replaced with "70 percent of that revenue within the period from the first day of that business year to March 31, 1976 (or 30 percent for revenue from the transactions listed in item (iii) of the following paragraph, and 20 percent for revenue from the transactions listed in item (iv) of that paragraph) and the amount equivalent to 55 percent of that revenue within the period from April 1 of that year to the end of that business year", and the phrase "the total of the amounts equivalent to" with "the total of the amount equivalent to".

①The provisions of Articles 65-3 and 65-4 of the New Act apply to corporation tax on transfers of assets falling under those provisions that a corporation carries out on or after January 1, 1976, and with regard to corporation tax on transfers of assets falling under the provisions of Articles 65-3 and 65-4 of the Former Act that a corporation carried out before that date, the provisions then in force continue to govern.

②The provisions of Article 65-7 of the New Act apply to corporation tax on transfers of assets falling under the provisions of that Article that a corporation carries out on or after the Effective Date, and with regard to corporation tax on transfers of assets falling under the provisions of Article 65-7 of the Former Act that a corporation carried out before the Effective Date, the provisions then in force continue to govern.

①In the case where a corporation engaged in the business prescribed in Article 66, paragraph (1), item (i) and Article 66-3, paragraph (1), item (i) of the Former Act obtained the approval prescribed in those provisions on or before March 31, 1976, those provisions are to govern, with the phrase "March 31, 1977" in those provisions deemed to be replaced with "March 31, 1976".

②In the case where a corporation specified by Cabinet Order out of the corporations engaged in the business prescribed in Article 66, paragraph (1), item (i) and Article 66-3, paragraph (1), item (i) of the Former Act obtains the approval prescribed in those provisions during the period from April 1, 1976 to March 31, 1978, those provisions are to govern, with the phrase "corporation engaged in the business" in those provisions deemed to be replaced with "corporation specified by Cabinet Order prescribed in Article 14, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 5 of 1976; hereinafter referred to as the "1976 Amending Act") out of the corporations engaged in the business", and the phrase "March 31, 1977" with "March 31, 1978".

③In the case where a corporation that falls under the category of small and medium sized fishery operators prescribed in Article 66, paragraph (1), item (v) and Article 66-3, paragraph (1), item (iv) of the Former Act obtained the certification prescribed in those provisions during the period from April 1, 1972 to the day preceding the date of enforcement of the Act on Special Measures for the Reconstruction and Improvement of Fisheries, those provisions are to govern, with the phrase "March 31, 1976" in those provisions deemed to be replaced with "the day preceding the date of enforcement of the Act on Special Measures for the Reconstruction and Improvement of Fisheries".

④With regard to the application of the provisions of Article 66, paragraph (1), item (v) and Article 66-3, paragraph (1), item (iv) of the New Act in the case where a corporation that is a member prescribed in Article 66, paragraph (1), item (v) of the New Act of a fishery cooperative, etc. prescribed in Article 5, paragraph (1) of the Act on Special Measures for the Reconstruction and Improvement of Fisheries relating to a small and medium sized fishery structural improvement plan prescribed in Article 4-2, paragraph (1) of the former Act on Special Measures for the Promotion of Small and Medium Sized Fisheries which obtained the certification under that paragraph and which is deemed to have obtained the certification under Article 5, paragraph (1) of the Act on Special Measures for the Reconstruction and Improvement of Fisheries pursuant to the provisions of paragraph (3) of the Supplementary Provisions of that Act, obtains the certification under Article 10, paragraph (1) or (2) of that Act within the period prescribed in paragraph (3) of the Supplementary Provisions of the Act on Special Measures for the Reconstruction and Improvement of Fisheries, the phrase "relating to the certification under Article 5, paragraph (1) of that Act obtained during the period from April 1, 1976 to March 31, 1978 for a small and medium sized fishery structural improvement plan prescribed in that paragraph" in those provisions is deemed to be replaced with "relating to a small and medium sized fishery structural improvement plan prescribed in Article 4-2, paragraph (1) of the former Act on Special Measures for the Promotion of Small and Medium Sized Fisheries which obtained the certification under that paragraph and which is deemed to have obtained the certification under Article 5, paragraph (1) of that Act pursuant to the provisions of paragraph (3) of the Supplementary Provisions of the Act on Special Measures for the Reconstruction and Improvement of Fisheries", and the phrase "that certification" with "the certification under Article 4-2, paragraph (1) of the former Act on Special Measures for the Promotion of Small and Medium Sized Fisheries".

With regard to the amount of loss prescribed in paragraph (3) of Article 68 of the Former Act or the remaining balance of the deduction for carryover prescribed in paragraph (4) of that Article of a corporation to which the provisions of paragraph (1) of that Article were applied, the provisions then in force continue to govern.

In the case where a corporation that accumulated the reserve prescribed in Article 68-2, paragraph (1) of the Former Act in any one or more of the business years each of which includes a day within the period from April 1, 1972 to March 31, 1976 accumulates that reserve in a business year commencing on or after April 1, 1976, the provisions of that Article are to govern, with the phrase "March 31, 1976" in that paragraph deemed to be replaced with "March 31, 1978".

With regard to the amount of loss prescribed in Article 68-3 of the Former Act incurred in each business year, from the business year that includes February 14, 1973 to the business year that includes the day on which two years have elapsed from the date of commencement of that business year, of a corporation prescribed in that Article, the provisions then in force continue to govern.

①With regard to registration and license tax on the registration of preservation of ownership of a house for residential use that the Japan Workers' Housing Association newly built on or before March 31, 1976 and that falls under the provisions of Article 74-2 of the Former Act, the provisions then in force continue to govern.

②The provisions of Article 75 of the New Act apply to registration and license tax on the registration prescribed in that Article that the Pension Welfare Service Public Corporation receives on or after the Effective Date, and with regard to registration and license tax on that registration received before the Effective Date, the provisions then in force continue to govern.

③With regard to registration and license tax on the registration of preservation of ownership or registration of transfer of ownership of a house falling under the provisions of Article 75-2 of the Former Act that an establisher of a public medical institution or a social welfare corporation prescribed in that Article newly built or acquired on or before March 31, 1976, the provisions then in force continue to govern.

④With regard to registration and license tax on the registration of preservation of ownership or registration of transfer of ownership of land that was sold or transferred without compensation by the State on or before March 31, 1976 and that falls under the provisions of Article 76 of the Former Act, the provisions of that Article remain in force. In this case, the phrase "for registration" in paragraph (1) of that Article is deemed to be replaced with "for registration, limited to registration received, as provided by Order of the Ministry of Finance, within one year from the date of enforcement of the 1976 Amendment Act (or, if there are unavoidable circumstances specified by Cabinet Order due to which registration cannot be made within one year, within the period specified by Cabinet Order; the same applies hereinafter in this Article)", and the phrase "registration" in paragraph (2) of that Article with "for registration received, as provided by Order of the Ministry of Finance, within one year from the date of enforcement of the 1976 Amendment Act, that registration".

⑤The provisions of Article 77-4 of the New Act apply to registration and license tax on the registration of transfer of ownership of agricultural land, etc. prescribed in paragraph (1) of that Article that is acquired on or after the Effective Date, and with regard to registration and license tax on the registration of transfer of ownership of such agricultural land, etc. acquired before the Effective Date, the provisions then in force continue to govern.

⑥With regard to registration and license tax on the registration of creation of a mortgage received in order to secure claims relating to loans falling under the provisions of Article 77-6 or 77-7 of the Former Act that were made on or before March 31, 1976 to a person engaged in agriculture, forestry or fisheries prescribed in Article 77-6 of the Former Act, or to a person engaged in agriculture, forestry or fisheries or an organization prescribed in Article 77-7 of the Former Act, the provisions then in force continue to govern.

⑦With regard to registration and license tax on the registration of transfer of ownership of forest land acquired through an exchange carried out on or before March 31, 1976 that falls under the provisions of Article 78 of the Former Act, the provisions of that Article remain in force. In this case, the phrase "registration of transfer of ownership" in that Article is deemed to be replaced with "registration of transfer of ownership received within one year from the date of enforcement of the 1976 Amending Act".

⑧With regard to registration and license tax on registration of the matters listed in the items of Article 81 of the Former Act relating to certification under the provisions of Article 6, paragraph (2) of the Act on Special Measures for the Promotion of Small and Medium Sized Fisheries given during the period from April 1, 1972 to the day preceding the date of enforcement of the Act on Special Measures for the Reconstruction and Improvement of Fisheries, where that registration is received within one year from the date of that certification, the provisions of that Article are to govern, with the phrase "during the period up to March 31, 1976 under that paragraph" in that Article deemed to be replaced with "during the period up to the day preceding the date of enforcement of the Act on Special Measures for the Reconstruction and Improvement of Fisheries under that paragraph".

⑨With regard to the application of the provisions of Article 81 of the New Act to registration and license tax on registration of the matters listed in the items of that Article relating to certification under the provisions of Article 10, paragraph (1) of the Act on Special Measures for the Reconstruction and Improvement of Fisheries given, within the period prescribed in paragraph (3) of the Supplementary Provisions of that Act, for a small and medium sized fishery structural improvement plan prescribed in Article 4-2, paragraph (1) of the former Act on Special Measures for the Promotion of Small and Medium Sized Fisheries which obtained the certification under that paragraph and which is deemed, pursuant to the provisions of paragraph (3) of the Supplementary Provisions of the Act on Special Measures for the Reconstruction and Improvement of Fisheries, to be a small and medium sized fishery structural improvement plan prescribed in Article 5, paragraph (1) of that Act that has obtained certification under the provisions of that paragraph, the phrase "small and medium sized fishery structural improvement plan prescribed in Article 5, paragraph (1) that was certified pursuant to the provisions of that paragraph during the period from April 1, 1976 to March 31, 1978" in that Article is deemed to be replaced with "small and medium sized fishery structural improvement plan prescribed in Article 4-2, paragraph (1) of the former Act on Special Measures for the Promotion of Small and Medium Sized Fisheries which has obtained certification under the provisions of that paragraph and which has been deemed, pursuant to the provisions of paragraph (3) of the Supplementary Provisions, to be a small and medium sized fishery structural improvement plan prescribed in Article 5, paragraph (1) of that Act that has obtained certification under the provisions of that paragraph", and the phrase "the date on which it was certified" with "the date on which it obtained certification under the provisions of that paragraph".

⑩With regard to registration and license tax on registration of the matters listed in the items of Article 81 of the Former Act relating to approval under the provisions of Article 14, paragraph (1) of the Act on Temporary Measures for the Promotion of Specified Electronic Industries and Specified Machinery Industries (Act No. 17 of 1971) given on or before March 31, 1976, where that registration is received within one year from the date of that approval, the provisions of that Article are to govern, with the phrase "given during the period up to March 31, 1977" in that Article deemed to be replaced with "given during the period up to March 31, 1976".

⑪With regard to registration and license tax on registration of the matters listed in the items of Article 81 of the Former Act relating to the approval referred to in the preceding paragraph given during the period from April 1, 1976 to March 31, 1978 (limited to approval obtained by a corporation specified by Cabinet Order prescribed in Article 14, paragraph (2) of the Supplementary Provisions), where that registration is received within one year from the date of that approval, the provisions of that Article are to govern, with the phrase "(during the period from April 1, 1971 to March 31, 1977" in that Article deemed to be replaced with "(obtained by a corporation specified by Cabinet Order prescribed in Article 14, paragraph (2) of the Supplementary Provisions of the 1976 Amending Act, and during the period from April 1, 1976 to March 31, 1978".

⑫With regard to registration and license tax on registration received by the Electric Power Development Co., Ltd. for an increase in capital it carried out on or before March 31, 1976 and for the preservation, creation or transfer of rights prescribed in Article 82, item (ii) of the Former Act that it acquired on or before that date, the provisions of that Article remain in force. In this case, the phrase "that registration" in that Article is deemed to be replaced with "that registration (for registration of the matters listed in item (ii), limited to registration received, as provided by Order of the Ministry of Finance, within one year from the date of enforcement of the 1976 Amending Act)".

⑬With regard to registration and license tax on registration received by Japan Air Lines Co., Ltd., Nihon Aircraft Manufacturing Corporation, Tohoku Development Corporation, Japan Motor Terminal Co., Ltd. or the Okinawa Electric Power Company, Inc. for an increase in capital under Article 84 of the Former Act carried out on or before March 31, 1976, the provisions then in force continue to govern.