①The provisions of Article 66-6, paragraphs (1), (3) and (6) of the New Act apply to the amount of applicable retained income for business years of a specified foreign subsidiary, etc. prescribed in paragraph (1) of that Article ending on or after the Effective Date and the taxable retained amount prescribed in that paragraph pertaining to that amount of applicable retained income, and with regard to the amount of applicable retained income prescribed in Article 66-6, paragraph (1) of the Former Act for business years of a specified foreign subsidiary, etc. prescribed in that paragraph that ended before the Effective Date and the taxable retained amount prescribed in that paragraph pertaining to that amount of applicable retained income, the provisions then in force continue to govern.

②In the case where, in a business year ending on or after the Effective Date of a specified foreign subsidiary, etc. prescribed in Article 66-6, paragraph (3) of the New Act, there is an amount of dividends of profit or distributions of surplus prescribed in the proviso to Article 66-6, paragraph (3) of the Former Act that the specified foreign subsidiary, etc. received before the Effective Date from another specified foreign subsidiary, etc. prescribed in that proviso (including the case where there is an amount of dividends of profit or distributions of surplus pertaining to a business year of that other specified foreign subsidiary, etc. that ended before the Effective Date which was received on or after the Effective Date), the provisions of the proviso to Article 66-6, paragraph (3) of the Former Act remain in force with respect to the amount of applicable retained income prescribed in Article 66-6, paragraph (1) of the New Act for that business year of that specified foreign subsidiary, etc. and the taxable retained amount prescribed in that paragraph pertaining to that amount of applicable retained income.

③The provisions of Article 66-6, paragraph (4) of the New Act apply to business years of a foreign affiliated company prescribed in that paragraph ending on or after the Effective Date, and with regard to business years of that foreign affiliated company that ended before the Effective Date, the provisions then in force continue to govern.

④The provisions of Article 66-8, paragraph (1) of the New Act apply to facts listed in the items of that paragraph that arise on or after the Effective Date with regard to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph (with regard to the facts listed in item (i) of that paragraph, limited to those facts pertaining to business years of that specified foreign subsidiary, etc. ending on or after the Effective Date), and with regard to facts listed in the items of Article 66-8, paragraph (1) of the Former Act that arose before the Effective Date with regard to a specified foreign subsidiary, etc. prescribed in that paragraph (with regard to the facts listed in item (i) of that paragraph, including those facts pertaining to business years of that specified foreign subsidiary, etc. that ended before the Effective Date which arise on or after the Effective Date), the provisions then in force continue to govern.

With regard to corporation tax in the case where a production area association listed in Article 66-10, paragraph (1), item (iv) of the Former Act acquires or manufactures fixed assets listed in that item that are set forth in the promotion plan referred to in that item for which the approval prescribed in that item was obtained before the Effective Date and that fall under assets for experimental research prescribed in that paragraph, the provisions of that Article remain in force. In this case, the phrase "March 31, 1985" in that paragraph is deemed to be replaced with "the day before the date on which the Act on Temporary Measures for Small and Medium Sized Enterprises in Production Areas ceases to be effective".

The provisions of Article 67-2 of the New Act apply to corporation tax on income for business years ending on or after the Effective Date of a medical care corporation prescribed in paragraph (1) of that Article, and with regard to corporation tax on income for business years that ended before the Effective Date of a medical care corporation prescribed in Article 67-2, paragraph (1) of the Former Act, the provisions then in force continue to govern.

With regard to issue discounts prescribed in Article 68 of the Former Act that a foreign corporation prescribed in that Article receives on interest-bearing foreign currency bonds prescribed in that Article that were issued before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 70-7 of the New Act apply to inheritance tax pertaining to permission for deferred payment under the provisions of Article 38, paragraph (1) or Article 43, paragraph (5) of the Inheritance Tax Act (Act No. 73 of 1950) granted on or after the Effective Date, and with regard to inheritance tax for which permission for deferred payment under those provisions was granted before the Effective Date, except for that provided for in the following paragraph, the provisions then in force continue to govern.

②If, among the amounts of inheritance tax for which permission for deferred payment was granted before the Effective Date where the proportion of the total value of the property that formed the basis for calculating that amount of inheritance tax accounted for by the value of standing timber prescribed in Article 70-7, paragraph (1) of the New Act is four-tenths or more and the proportion of the value of the taxable inherited property prescribed in that paragraph accounted for by the value of real property, etc. prescribed in Article 38, paragraph (1) of the Inheritance Tax Act is five-tenths or more, there is any amount for which the due date for payment of an installment payment pertaining to the deferred payment arrives on or after the Effective Date, the district director may, with regard to the portion of the installment payments whose due date for payment arrives on or after the Effective Date that is specified by Cabinet Order as corresponding to the value of that standing timber, upon application by the person who received that permission for deferred payment made by the first such due date for payment arriving on or after the Effective Date (or, if the period from the Effective Date to that due date for payment is less than four months, by the day on which four months have elapsed from the Effective Date), extend the time limit for deferred payment within the range of a period equivalent to one-third of the deferred payment period on or after the Effective Date (or, if that period contains a fraction of less than one month, the period calculated by counting that fraction as one month), and change the annual installment amount of deferred payment on or after the Effective Date in accordance with the provisions of Article 70-7, paragraph (2) of the New Act or Article 38, paragraph (2) of the Inheritance Tax Act.

①The provisions of Article 73 of the New Act apply to registration and license tax on the registration of transfer of ownership of a house for residential use prescribed in 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 a house for residential use prescribed in Article 73 of the Former Act that was acquired before the Effective Date, the provisions then in force continue to govern.

②With regard to registration and license tax pertaining to the registration of the transfer or creation of ownership, superficies rights, farming rights or rights of lease to land referred to in Article 77-2 of the Former Act in the case where an agricultural production corporation prescribed in that Article received, before the Effective Date, a capital contribution prescribed in that Article and used that land for its cultivation or livestock raising, the provisions then in force continue to govern.

③The provisions of Article 77-3 of the New Act apply to registration and license tax on the registration of transfer of ownership of land prescribed in those provisions that is acquired on or after the Effective Date through consultation, conciliation or mediation prescribed in item (i) of that Article or through a project for promoting the establishment of use rights, etc. prescribed in item (ii) of that Article, and with regard to registration and license tax on the registration of transfer of ownership of land prescribed in those provisions that was acquired before the Effective Date through consultation, conciliation or mediation prescribed in Article 77-4, item (i) of the Former Act or through a project for promoting the establishment of use rights, etc. prescribed in item (ii) of that Article, the provisions then in force continue to govern.

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

⑤The provisions of Article 77-4, paragraph (2) of the New Act apply to registration and license tax on the registration of transfer of ownership of land that a member of an agricultural and residential land cooperative prescribed in that paragraph acquires on or after the Effective Date through exchange and consolidation prescribed in that paragraph, and with regard to registration and license tax on the registration of transfer of ownership of land that such a member acquired before the Effective Date through exchange and consolidation prescribed in Article 77-5, paragraph (2) of the Former Act, the provisions then in force continue to govern.