This Act comes into effect on April 1, 1991; provided, however, that the provisions listed in the following items come into effect on the dates specified in the respective items:

Unless otherwise provided for, the provisions of Chapter II of the Act on Special Measures Concerning Taxation as amended (hereinafter referred to as the "New Act") apply to income tax for 1991 and subsequent years, and with regard to income tax for 1990 and earlier years, the provisions then in force continue to govern.

①With regard to business base strengthening equipment under paragraph (1) of Article 10-4 of the Act on Special Measures Concerning Taxation prior to the amendment (hereinafter referred to as the "Former Act") that is listed in the middle column of item (iii) of that paragraph and that an individual acquired, manufactured or leased before the date on which this Act comes into effect (hereinafter referred to as the "Effective Date"), the provisions then in force continue to govern.

②The provisions of item (v) of the table in Article 10-4, paragraph (1) of the New Act apply to business base strengthening equipment prescribed in that paragraph that an individual acquires, manufactures or leases on or after the date on which the Act on the Promotion of Improvement in Employment Management for Securing a Labor Force in Small and Medium-sized Enterprises comes into effect.

①The provisions of items (i) and (iv) of the table in Article 11, paragraph (1) of the New Act apply to specified equipment, etc. prescribed in that paragraph and listed in those provisions for which an individual makes an acquisition, etc. (meaning acquisition, or manufacture or construction; the same applies hereinafter in this Article) on or after the Effective Date, and the provisions then in force continue to govern specified equipment, etc. under that paragraph listed in items (i) and (iv) of the table in Article 11, paragraph (1) of the Former Act for which an individual made an acquisition, etc. before the Effective Date.

②With regard to specified equipment, etc. under that paragraph listed in item (vi) of the table in Article 11, paragraph (1) of the Former Act for which an individual made an acquisition, etc. before the date on which the Small and Medium-sized Retail Business Promotion Act Amendment Act comes into effect, the provisions then in force continue to govern.

③The provisions of item (i) of the table in Article 11-2, paragraph (1) of the New Act apply to earthquake disaster prevention assets prescribed in that paragraph for which an individual makes an acquisition, etc. on or after the Effective Date, and the provisions then in force continue to govern earthquake disaster prevention assets under that paragraph listed in the middle column of item (i) of the table in Article 11-2, paragraph (1) of the Former Act for which an individual made an acquisition, etc. before the Effective Date.

④The provisions of Article 11-6 of the New Act apply to commercial facilities, etc. prescribed in paragraph (1) of that Article for which an individual makes an acquisition, etc. on or after the date on which the Small and Medium-sized Retail Business Promotion Act Amendment Act comes into effect.

⑤With regard to industrial machinery, etc. under that paragraph listed in item (vii) of the table in Article 12, paragraph (1) of the Former Act for which an individual made an acquisition, etc. before December 5, 1991, the provisions of that Article remain in force.

⑥With regard to the application of the provisions of Articles 10 through 10-5, Articles 12 through 14, Article 16, Article 28-3, Article 33-6 and Article 37-3 (including as applied mutatis mutandis pursuant to Article 37-5, paragraph (2) of the New Act) of the New Act in the case where the provisions of the preceding paragraph apply, the phrase "or Article 16" in Article 10, paragraph (4), item (ii) of the New Act is deemed to be replaced with ", Article 16 or item (vii) of the table in Article 12, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1991; hereinafter referred to as the "1991 Amendment Act"), which remains in force pursuant to the provisions of Article 4, paragraph (5) of the Supplementary Provisions of the 1991 Amendment Act (hereinafter referred to as "item (vii) of the table in Article 12, paragraph (1) of the Former Act")", the phrase "or Article 16" in Article 10-2, paragraphs (1) and (3), Article 10-3, paragraphs (1) and (3), Article 10-4, paragraphs (1) and (3), and Article 10-5, paragraph (1) of the New Act with ", Article 16 or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "through the preceding Article" in Article 12, paragraph (1) of the New Act with "through the preceding Article or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "through the preceding Article" in Article 12-2, paragraph (1) of the New Act with "through the preceding Article or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "through the preceding Article" in paragraph (2) of that Article with "through the preceding Article or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "or Articles 14 through 16" in Article 13, paragraph (1) of the New Act with ", Articles 14 through 16 or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "or the following Article through Article 16" in Article 13-2, paragraph (1) of the New Act with ", the following Article through Article 16 or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "Article 17" in Article 14, paragraph (2) of the New Act with "Article 17 or item (vii) of the table in Article 12, paragraph (1) of the Former Act", the phrase "through Article 12-2" in Article 16, paragraph (1) of the New Act with "through Article 12-2 or item (vii) of the table in Article 12, paragraph (1) of the Former Act", and the phrase "and Articles 14 through 16" in Article 28-3, paragraph (11), Article 33-6, paragraph (2) and Article 37-3, paragraph (3) of the New Act with ", Articles 14 through 16 and item (vii) of the table in Article 12, paragraph (1) of the Former Act".

⑦The provisions of Article 12-2, paragraph (2) of the New Act apply to medical equipment, etc. prescribed in that paragraph for which an individual makes an acquisition, etc. on or after the Effective Date, and the provisions then in force continue to govern medical equipment, etc. prescribed in Article 12-2, paragraph (2) of the Former Act for which an individual made an acquisition, etc. before the Effective Date.

⑧With regard to specified office equipment prescribed in Article 12-3, paragraph (1) of the Former Act that an individual acquired or manufactured on or before September 30, 1990, the provisions then in force continue to govern.

⑨The provisions of Article 13-2, paragraph (1) of the New Act apply to depreciable assets specified in the respective items of that paragraph that are held by members of a commercial and industrial association, etc., a specified association or a specified commercial and industrial association, etc., or a fishery cooperative, etc. referred to in those respective items that receives, on or after the Effective Date, the approval or certification referred to in those respective items for a small and medium sized enterprise structural improvement plan, a structural improvement project plan or a structural improvement facilitation plan, or a small and medium sized fishery structural improvement plan prescribed in those respective items, and the provisions then in force continue to govern depreciable assets specified in the respective items of Article 13-2, paragraph (1) of the Former Act that are held by members of a commercial and industrial association, etc., a specified association or a specified commercial and industrial association, etc., or a fishery cooperative, etc. referred to in those respective items that received, before the Effective Date, the approval or certification referred to in those respective items for a small and medium sized enterprise structural improvement plan, a structural improvement project plan or a structural improvement facilitation plan, or a small and medium sized fishery structural improvement plan prescribed in those respective items.

⑩The provisions of Article 14, paragraph (2) of the New Act apply to specified redevelopment buildings, etc. prescribed in that paragraph that an individual acquires or newly builds on or after the Effective Date, and the provisions then in force continue to govern specified redevelopment buildings, etc. prescribed in Article 14, paragraph (2) of the Former Act that an individual acquired or newly built before the Effective Date.

With regard to the application of the provisions of Article 20-4 of the New Act, the amount of the reserve for quarrying disaster prevention set aside pursuant to the provisions of Article 20-5, paragraph (1) of the Former Act is deemed to be the amount of the reserve for specified disaster prevention pertaining to a rock extraction site prescribed in the middle column of item (i) of the table in paragraph (1) of that Article.

The provisions of Article 30-2 of the New Act apply to the cutting or transfer of forested land prescribed in paragraph (1) of that Article that is carried out on or after the date on which the Forest Act Amendment Act comes into effect.

①The provisions of Article 31, paragraph (1) of the New Act apply to transfers of land, etc. or buildings, etc. prescribed in that paragraph that an individual makes on or after January 1, 1992, and the provisions then in force continue to govern transfers of land, etc. or buildings, etc. prescribed in Article 31, paragraph (1) of the Former Act that an individual made before that date.

②The provisions of Article 31-2 of the New Act apply to a transfer that falls under a transfer for a superior residential area, etc. prescribed in paragraph (1) of that Article or a transfer that falls under a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article that an individual makes on or after January 1, 1991, and the provisions then in force continue to govern a transfer that falls under a transfer for a superior residential area, etc. prescribed in Article 31-2, paragraph (1) of the Former Act or a transfer that falls under a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article that an individual made before that date. In this case, with regard to the application of the provisions of Article 31-2 of the New Act to those transfers made on or before December 31, 1991, the phrase "pertaining thereto, with regard to the application of the provisions of the preceding Article, '30 percent' in paragraph (1) of that Article is deemed to be replaced with '15 percent'" in paragraph (1) of that Article is deemed to be replaced with ", the amount of income tax imposed on the taxable long-term capital gains under paragraph (1) of the preceding Article pertaining to that transfer pursuant to the provisions of that paragraph is, notwithstanding the provisions of the items of that paragraph, the amount equivalent to 15 percent of those taxable long-term capital gains pertaining to that transfer".

③With regard to a transfer that falls under a transfer for a superior residential area, etc. prescribed in Article 31-2, paragraph (1) of the New Act or a transfer that falls under a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article that is made during the period from January 1, 1991 to March 31, 1991, if the provisions of paragraph (1) of Article 34-2 of the Former Act are applied to it because it falls under the case listed in paragraph (2), item (iii) or (iv) of that Article, those transfers are deemed not to fall under that transfer for a superior residential area, etc. or transfer for a determined site for constructing a superior residential area, etc.

④With regard to transfers of specified farmland, etc. in an urbanization promotion area prescribed in Article 31-3, paragraph (1) of the Former Act that an individual makes on or before March 31, 1993, the provisions of that Article remain in force.

⑤In the case referred to in the preceding paragraph, with regard to transfers of specified farmland, etc. in an urbanization promotion area under that paragraph made during the period from the Effective Date to December 31, 1991, the phrase "Article 31, paragraph (3)" in Article 31-3, paragraph (1) of the Former Act, which remains in force pursuant to the provisions of that paragraph (hereinafter referred to as "Article 31-3, paragraph (1) of the Former Act" in this paragraph), is deemed to be replaced with "Article 31, paragraph (3) of the Act on Special Measures Concerning Taxation prior to the amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1991; hereinafter referred to as the "1991 Amendment Act") (hereinafter referred to as the "1991 Former Act")", the phrase "the preceding Article or the following Article" with "Article 31-2 or Article 31-4 of the 1991 Former Act", and the phrase "Article 31-" with "Article 31- of the 1991 Former Act", and, with regard to those transfers of specified farmland, etc. in an urbanization promotion area made during the period from January 1, 1992 to March 31, 1993, the phrase "Article 31, paragraph (3)" in Article 31-3, paragraph (1) of the Former Act is deemed to be replaced with "Article 31, paragraph (3) of the Act on Special Measures Concerning Taxation as amended by the 1991 Amendment Act (hereinafter referred to as the "1991 New Act")", the phrase "the preceding Article or the following Article" with "Article 31-2 of the Act on Special Measures Concerning Taxation as amended by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 14 of 1992) or Article 31-3 of the 1991 New Act", the phrase "Article 31-" with "Article 31- of the 1991 New Act", and the phrase "the phrase '25 percent' in paragraph (1), item (ii) of that Article is deemed to be replaced with '22.5 percent'" with "the phrase '30 percent' in paragraph (1) of that Article is deemed to be replaced with '27.5 percent'", and the phrase "Local Tax Act" in Article 31-3, paragraph (2), item (i) of the Former Act, which remains in force pursuant to the provisions of the preceding paragraph, is deemed to be replaced with "Local Tax Act prior to the amendment by Article 2 of the Act Partially Amending the Local Tax Act and the Act on Grants to Municipalities Where State-Owned Assets, etc. Are Located (Act No. 7 of 1991)".

⑥With regard to the application of the provisions of Articles 31 through 31-3 and Article 33 of the New Act in the case where the provisions of the preceding two paragraphs apply, the phrase "Special Provisions) or" in Article 31, paragraph (5), item (i) of the New Act is deemed to be replaced with "Special Provisions),", the phrase ") the provisions" with ") or Article 31-3 of the Act on Special Measures Concerning Taxation prior to the amendment by the 1991 Amendment Act, which remains in force pursuant to the provisions of Article 7, paragraph (4) of the Supplementary Provisions of the 1991 Amendment Act (hereinafter referred to as "Article 31-3 of the Former Act" in this Section) the provisions", the phrase "the following Article" in Article 31-2, paragraph (1) of the New Act with "the following Article or Article 31-3 of the Former Act", the phrase "or Article 37-7" in Article 31-3, paragraph (1) of the New Act with ", Article 37-7 or Article 31-3 of the Former Act", and the phrase "or Article 31-3" in Article 33, paragraph (1) of the New Act with ", Article 31-3 or Article 31-3 of the Former Act".

⑦The provisions of Article 31-3, paragraph (1) of the New Act apply to transfers of land, etc. or buildings, etc. prescribed in that paragraph that fall under residential property prescribed in that paragraph and that an individual makes on or after January 1, 1992, and the provisions then in force continue to govern transfers of land, etc. or buildings, etc. prescribed in Article 31-4, paragraph (1) of the Former Act that fall under residential property prescribed in that paragraph and that an individual made before that date.

⑧The provisions of Article 33-4, paragraphs (1) and (2) of the New Act apply to transfers by expropriation or exchange, etc. prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 1991.

⑨The provisions of Article 34-2, paragraph (2) (excluding item (vii) of that paragraph) of the New Act apply to transfers of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after the Effective Date, and the provisions then in force continue to govern transfers of land, etc. prescribed in Article 34-2, paragraph (1) of the Former Act that an individual made before the Effective Date.

⑩The provisions of Article 34-2, paragraph (2), item (vii)(a) of the New Act apply to transfers of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after the date on which the Small and Medium-sized Retail Business Promotion Act Amendment Act comes into effect.

⑪The provisions of Article 34-2, paragraph (2), item (vii)(b) of the New Act apply to transfers of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after the date on which the Act on Special Measures Concerning the Promotion of the Development of Specified Commercial Agglomerations comes into effect.

⑫The provisions of Article 34-2, paragraph (2), item (vii)(c) of the New Act apply to transfers of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after the date on which the Act on the Promotion of Structural Improvement in Food Distribution comes into effect.

⑬The provisions of Article 34-3, paragraph (1) of the New Act apply to transfers of land, etc. prescribed in that paragraph that an individual makes on or after January 1, 1991.

⑭The provisions of Article 36 of the New Act apply to transfers of assets prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 1991, and the provisions then in force continue to govern transfers of assets prescribed in Article 36, paragraph (1) of the Former Act that an individual made before that date.

⑮The provisions of item (iv) of the table in Article 37, paragraph (1) of the New Act apply to transfers of assets listed in the left-hand column of that item that an individual makes on or after the Effective Date, and the provisions then in force continue to govern transfers of assets listed in the left-hand column of item (iv) of the table in Article 37, paragraph (1) of the Former Act that an individual made before the Effective Date.

⑯The provisions of Article 37 (excluding item (iv) of the table in paragraph (1) of that Article), Article 37-2, paragraph (2) and Article 37-3, paragraph (2) of the New Act apply to transfers of assets listed in the left-hand column of the table in Article 37, paragraph (1) of the New Act (excluding item (iv) of that table) that an individual makes on or after January 1, 1992, and the provisions then in force continue to govern transfers of assets listed in the left-hand column of the table in Article 37, paragraph (1) of the Former Act (excluding item (iv) of that table) that an individual made before that date.

⑰In the case where an individual, on or after January 1, 1992, makes a transfer of assets falling under the assets listed in the left-hand column of item (xiv) of the table in Article 37, paragraph (1) of the Former Act (hereinafter referred to as "specified long-held land, etc." in this paragraph) and that individual acquires (including constructing and manufacturing; hereinafter the same applies in this paragraph) assets listed in the right-hand column of that item (hereinafter referred to as "depreciable assets" in this paragraph), if that transfer falls under a transfer listed in any of the following items and that acquisition falls under the acquisition specified in the respective item, the provisions of Articles 37 through 37-4 of the Former Act (limited to the part pertaining to item (xiv) of the table in Article 37, paragraph (1) of the Former Act) remain in force with regard to that transfer:

⑲With regard to the application of the provisions of Article 31-3, Articles 34 through 34-3, Article 35, Article 36-2, Article 37-5 and Article 37-6 of the New Act in the case where the provisions of the preceding two paragraphs apply, the phrase "or Article 37-7" in Article 31-3, paragraph (1) of the New Act is deemed to be replaced with ", Article 37-7, or Article 37 or Article 37-4 of the Act on Special Measures Concerning Taxation prior to the amendment by the 1991 Amendment Act, which remain in force pursuant to the provisions of Article 7, paragraph (17) of the Supplementary Provisions of the 1991 Amendment Act (hereinafter referred to as "Article 37 or Article 37-4 of the Former Act")", the phrase "or Article 37-7" in Article 34, paragraph (1), Article 34-2, paragraph (1) and Article 34-3, paragraph (1) of the New Act with ", Article 37-7, or Article 37 or Article 37-4 of the Former Act", the phrase "or Article 37-7" in Article 35, paragraph (1) of the New Act with ", Article 37-7, or Article 37 or Article 37-4 of the Former Act", the phrase "or Article 37-7" in Article 36-2, paragraph (1) of the New Act with ", Article 37-7, or Article 37 or Article 37-4 of the Former Act", the phrase "or Article 37" in Article 37-5, paragraph (1) of the New Act with ", Article 37, or Article 37 of the Act on Special Measures Concerning Taxation prior to the amendment by the 1991 Amendment Act, which remains in force pursuant to the provisions of Article 7, paragraph (17) of the Supplementary Provisions of the 1991 Amendment Act", the phrase "or Article 37-4" in Article 37-6, paragraph (1), items (i) and (ii) of the New Act with ", Article 37-4, or Article 37 or Article 37-4 of the Former Act", and the phrase "or the preceding Article" in item (iii) of that paragraph with ", the preceding Article, or Article 37 or Article 37-4 of the Former Act".

⑳The provisions of Article 37-5, paragraph (1) of the New Act apply to transfers of assets prescribed in that paragraph that an individual makes on or after the Effective Date, and the provisions then in force continue to govern transfers of assets prescribed in Article 37-5, paragraph (1) of the Former Act that an individual made before the Effective Date.

（二十一）The provisions of Article 37-5, paragraph (5), item (ii) of the New Act apply to transfers of assets prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 1992, and the provisions then in force continue to govern transfers of assets prescribed in Article 37-5, paragraph (1) of the Former Act that an individual made before that date.

The provisions of Article 40-4, paragraph (5) of the New Act apply to income tax for the year that includes the day on which two months have elapsed from the end of the business year of a foreign affiliated company prescribed in that paragraph that ends on or after the Effective Date, and with regard to income tax for the year that includes the day on which two months have elapsed from the end of the business year of that foreign affiliated company that ended before the Effective Date, the provisions then in force continue to govern.

①The provisions of Articles 41 and 41-2 of the New Act apply in the case where a resident has, on or after the Effective Date, used a house for residential use or an existing house prescribed in Article 41, paragraph (1) of the New Act, or a house on which extension or renovation, etc. has been carried out (limited to the portion pertaining to that extension or renovation, etc.; hereinafter the same applies in this Article), for the resident's own residence as prescribed in that paragraph, and the provisions then in force continue to govern the case where a resident has, before the Effective Date, used a house for residential use or an existing house prescribed in Article 41, paragraph (1) of the Former Act, or a house on which extension or renovation, etc. has been carried out, for the resident's own residence as prescribed in that paragraph.

②In the case referred to in the preceding paragraph, with regard to the application of the provisions of Article 41 and Article 41-2 of the New Act pertaining to extension or renovation, etc. prescribed in Article 41, paragraph (1) of the New Act in the case where the provisions of Article 41, paragraph (1) of the Former Act apply, the phrase "is 20 million yen or less" in that paragraph is deemed to be replaced with "is 20 million yen (if the individual has an amount of borrowings or debts prescribed in Article 41, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1991) to which the provisions of that paragraph apply, the amount obtained by deducting the total amount of those borrowings or debts (or 20 million yen, if that total amount exceeds 20 million yen) from 20 million yen; hereinafter the same applies in this paragraph) or less", and the phrase "200,000 yen" with "the amount equivalent to 1 percent of 20 million yen".

Unless otherwise provided for, the provisions of Chapter III of the New Act apply to corporation tax of a corporation (including an association or foundation without juridical personality prescribed in Article 2, item (viii) of the Corporation Tax Act (Act No. 34 of 1965); the same applies hereinafter) for business years beginning on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a corporation for business years that began before the Effective Date.

①With regard to business base strengthening equipment under paragraph (1) of Article 42-7 of the Former Act that is listed in the middle column of item (iii) of that paragraph and that a corporation acquired, manufactured or leased before the Effective Date, the provisions then in force continue to govern.

②The provisions of item (v) of the table in Article 42-7, paragraph (1) of the New Act apply to business base strengthening equipment prescribed in that paragraph that a corporation acquires, manufactures or leases on or after the date on which the Act on the Promotion of Improvement in Employment Management for Securing a Labor Force in Small and Medium-sized Enterprises comes into effect.

①The provisions of items (i) and (iv) of the table in Article 43, paragraph (1) of the New Act apply to specified equipment, etc. prescribed in that paragraph and listed in those provisions for which a corporation makes an acquisition, etc. (meaning acquisition, or manufacture or construction; the same applies hereinafter in this Article) on or after the Effective Date, and the provisions then in force continue to govern specified equipment, etc. under that paragraph listed in items (i) and (iv) of the table in Article 43, paragraph (1) of the Former Act for which a corporation made an acquisition, etc. before the Effective Date.

②With regard to specified equipment, etc. under that paragraph listed in item (vii) of the table in Article 43, paragraph (1) of the Former Act for which a corporation made an acquisition, etc. before the date on which the Small and Medium-sized Retail Business Promotion Act Amendment Act comes into effect, the provisions then in force continue to govern.

③The provisions of item (i) of the table in Article 44, paragraph (1) of the New Act apply to earthquake disaster prevention assets prescribed in that paragraph for which a corporation makes an acquisition, etc. on or after the Effective Date, and the provisions then in force continue to govern earthquake disaster prevention assets under that paragraph listed in the middle column of item (i) of the table in Article 44, paragraph (1) of the Former Act for which a corporation made an acquisition, etc. before the Effective Date.

④With regard to industrial restructuring equipment, etc. under that paragraph listed in the middle column of item (ii) of the table in Article 44-4, paragraph (1) of the Former Act that a corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

⑤The provisions of item (ii) of the table in Article 44-6, paragraph (1) of the New Act apply to specified telecommunications equipment prescribed in that paragraph that a corporation acquires or manufactures on or after the Effective Date.

⑥The provisions of items (i) through (iv) of the table in Article 44-8, paragraph (1) of the New Act apply to commercial facilities, etc. prescribed in that paragraph for which a corporation makes an acquisition, etc. on or after the date on which the Small and Medium-sized Retail Business Promotion Act Amendment Act comes into effect.

⑦The provisions of item (v) of the table in Article 44-8, paragraph (1) of the New Act apply to commercial facilities, etc. prescribed in that paragraph for which a corporation makes an acquisition, etc. on or after the date on which the Act on Special Measures Concerning the Promotion of the Development of Specified Commercial Agglomerations comes into effect.

⑧The provisions of items (vi) and (vii) of the table in Article 44-8, paragraph (1) of the New Act apply to commercial facilities, etc. prescribed in that paragraph for which a corporation makes an acquisition, etc. on or after the date on which the Act on the Promotion of Structural Improvement in Food Distribution comes into effect.

⑨With regard to industrial machinery, etc. under that paragraph listed in item (vii) of the table in Article 45, paragraph (1) of the Former Act for which a corporation made an acquisition, etc. before December 5, 1991, the provisions of that Article remain in force.

⑩With regard to the application of the provisions of Articles 42-4 through 42-8, Articles 45 through 49, Article 51, Article 52-2, Article 52-3, Article 64 (including as applied mutatis mutandis pursuant to Article 64-2, paragraph (6) and Article 65, paragraph (6) of the New Act), Article 65-7 (including as applied mutatis mutandis pursuant to Article 65-8, paragraph (7) of the New Act) and Article 67-4 of the New Act in the case where the provisions of the preceding paragraph apply, the phrase "or Article 51" in Article 42-4, paragraph (5), item (ii), Article 42-5, paragraphs (1) and (2), Article 42-6, paragraphs (1) and (2), Article 42-7, paragraphs (1) and (2), and Article 42-8, paragraph (1) of the New Act is deemed to be replaced with ", Article 51 or item (vii) of the table in Article 45, paragraph (1) of the 1991 Former Act, which remains in force pursuant to the provisions of Article 12, paragraph (9) of the Supplementary Provisions of the 1991 Amendment Act (hereinafter referred to as "item (vii) of the table in Article 45, paragraph (1) of the Former Act")", the phrase "through the preceding Article" in the provisions of Article 45, paragraph (1) and Article 45-2, paragraphs (1) through (3) of the New Act with "through the preceding Article or item (vii) of the table in Article 45, paragraph (1) of the Former Act", the phrase "or Article 51" in Article 46, paragraph (1) and Article 46-2, paragraph (1) of the New Act with ", Article 51 or item (vii) of the table in Article 45, paragraph (1) of the Former Act", the phrase "or the preceding paragraph" in Article 47, paragraph (2) of the New Act with ", the preceding paragraph or item (vii) of the table in Article 45, paragraph (1) of the Former Act", the phrase "through Article 45" in Article 48, paragraph (1) of the New Act with "through Article 45 or item (vii) of the table in Article 45, paragraph (1) of the Former Act", the phrase "through Article 45-2" in Article 49, paragraph (1) of the New Act with "through Article 45-2 or item (vii) of the table in Article 45, paragraph (1) of the Former Act", the phrase "or Articles 47 through 49" in Article 51, paragraph (2) of the New Act with ", Articles 47 through 49 or item (vii) of the table in Article 45, paragraph (1) of the Former Act", the phrase "or Article 51" in Article 52-2 and Article 52-3, paragraph (1) of the New Act with ", Article 51 or item (vii) of the table in Article 45, paragraph (1) of the Former Act", and the phrase "and Articles 47 through 51" in Article 64, paragraph (6), Article 65-7, paragraph (7) and Article 67-4, paragraph (6) of the New Act with ", Articles 47 through 51 and item (vii) of the table in Article 45, paragraph (1) of the Former Act".

⑪The provisions of Article 45-2, paragraph (2) of the New Act apply to medical equipment, etc. prescribed in that paragraph for which a corporation makes an acquisition, etc. on or after the Effective Date, and the provisions then in force continue to govern medical equipment, etc. prescribed in Article 45-2, paragraph (2) of the Former Act for which a corporation made an acquisition, etc. before the Effective Date.

⑫With regard to specified office equipment prescribed in Article 45-3, paragraph (1) of the Former Act that a corporation acquired or manufactured on or before September 30, 1990, the provisions then in force continue to govern.

⑬The provisions of Article 46, paragraph (1) of the New Act apply to depreciable assets specified in the respective items of that paragraph that are held by members of a commercial and industrial association, etc., a specified association or a specified commercial and industrial association, etc., or a fishery cooperative, etc. referred to in those respective items that receives, on or after the Effective Date, the approval or certification referred to in those respective items for a small and medium sized enterprise structural improvement plan, a structural improvement project plan or a structural improvement facilitation plan, or a small and medium sized fishery structural improvement plan prescribed in those respective items, and the provisions then in force continue to govern depreciable assets specified in the respective items of Article 46, paragraph (1) of the Former Act that are held by members of a commercial and industrial association, etc., a specified association or a specified commercial and industrial association, etc., or a fishery cooperative, etc. referred to in those respective items that received, before the Effective Date, the approval or certification referred to in those respective items for a small and medium sized enterprise structural improvement plan, a structural improvement project plan or a structural improvement facilitation plan, or a small and medium sized fishery structural improvement plan prescribed in those respective items.

⑭The provisions of Article 47, paragraph (2) of the New Act apply to specified redevelopment buildings, etc. prescribed in that paragraph that a corporation acquires or newly builds on or after the Effective Date, and the provisions then in force continue to govern specified redevelopment buildings, etc. prescribed in Article 47, paragraph (2) of the Former Act that a corporation acquired or newly built before the Effective Date.

⑮The provisions of Article 50, paragraph (1) of the New Act apply in the case where a corporation expends planting expenses prescribed in that paragraph on or after the date on which the Forest Act Amendment Act comes into effect, and the provisions then in force continue to govern the case where a corporation expended planting expenses prescribed in Article 50, paragraph (1) of the Former Act before that date.

⑯The provisions of Article 51, paragraph (1) of the New Act apply to joint-use facilities specified in a business plan with respect to which a specified association under that paragraph receives, on or after the Effective Date, the approval, etc. of the business plan under Article 55-4, paragraph (1) of the New Act, and the provisions then in force continue to govern joint-use facilities specified in a business plan with respect to which a specified association under Article 51, paragraph (1) of the Former Act received, before the Effective Date, the approval, etc. of the business plan under Article 55-4, paragraph (1) of the Former Act.

①With regard to the application of the provisions of Article 55-7 of the New Act, the amount of the reserve for quarrying disaster prevention set aside pursuant to the provisions of Article 55-7, paragraph (1) of the Former Act is deemed to be the amount of the reserve for specified disaster prevention pertaining to a rock extraction site prescribed in the middle column of item (i) of the table in paragraph (1) of that Article.

②The provisions of Article 56-3, paragraph (1) and Article 62-2, paragraph (3), item (ii)(c) of the New Act apply to corporation tax of a corporation for business years ending on or after the date on which the Forest Act Amendment Act comes into effect, and the provisions then in force continue to govern corporation tax of a corporation for business years that ended before that date.

①The provisions of Article 62-3 of the New Act apply to corporation tax pertaining to a transfer, etc. of land prescribed in paragraph (1) of that Article that a corporation makes on or after January 1, 1992.

②The provisions of Article 63 of the New Act apply to corporation tax pertaining to a transfer, etc. of land held for a short term prescribed in paragraph (1) of that Article that a corporation makes on or after January 1, 1992, and the provisions then in force continue to govern corporation tax pertaining to a transfer, etc. of land prescribed in Article 63, paragraph (1) of the Former Act that a corporation made before that date.

③The provisions of Article 63-2 of the New Act apply to corporation tax pertaining to a transfer, etc. of land held for a super-short term prescribed in paragraph (1) of that Article that a corporation makes on or after January 1, 1992, and the provisions then in force continue to govern corporation tax pertaining to a transfer, etc. of land pertaining to land, etc. held for a super-short term prescribed in Article 63-2, paragraph (1) of the Former Act that a corporation made before that date.

④Special provisions on the calculation of the amount of income for the business year prescribed in Article 63-2, paragraph (2), item (iii) and paragraph (5) of the New Act for a business year of a corporation that begins before January 1, 1992 and ends on or after that date, and other necessary matters concerning the application of the provisions of the preceding paragraph, are specified by Cabinet Order.

①The provisions of Articles 65-2, 65-5 and 65-6 of the New Act apply to corporation tax pertaining to transfers of assets falling under those provisions that a corporation makes on or after January 1, 1991, and the provisions then in force continue to govern corporation tax pertaining to transfers of assets falling under the provisions of Articles 65-2, 65-5 and 65-6 of the Former Act that a corporation made before that date.

②The provisions of Article 65-4, paragraph (1) (excluding item (vii) of that paragraph) of the New Act apply to corporation tax pertaining to transfers of land, etc. prescribed in that paragraph that a corporation makes on or after the Effective Date, and the provisions then in force continue to govern corporation tax pertaining to transfers of land, etc. prescribed in Article 65-4, paragraph (1) of the Former Act that a corporation made before the Effective Date.

③The provisions of Article 65-4, paragraph (1), item (vii)(a) of the New Act apply to corporation tax pertaining to transfers of land, etc. prescribed in that paragraph that a corporation makes on or after the date on which the Small and Medium-sized Retail Business Promotion Act Amendment Act comes into effect.

④The provisions of Article 65-4, paragraph (1), item (vii)(b) of the New Act apply to corporation tax pertaining to transfers of land, etc. prescribed in that paragraph that a corporation makes on or after the date on which the Act on Special Measures Concerning the Promotion of the Development of Specified Commercial Agglomerations comes into effect.

⑤The provisions of Article 65-4, paragraph (1), item (vii)(c) of the New Act apply to corporation tax pertaining to transfers of land, etc. prescribed in that paragraph that a corporation makes on or after the date on which the Act on the Promotion of Structural Improvement in Food Distribution comes into effect.

⑥The provisions of items (iv) and (xiii) of the table in Article 65-7, paragraph (1) of the New Act apply to corporation tax pertaining to transfers of assets listed in the left-hand column of items (iv) and (xiii) of that table that a corporation makes on or after the Effective Date, and the provisions then in force continue to govern corporation tax pertaining to transfers of assets listed in the left-hand column of items (iv) and (xii) of the table in Article 65-7, paragraph (1) of the Former Act that a corporation made before the Effective Date.

⑦The provisions of Article 65-7 (excluding items (iv) and (xiii) of the table in paragraph (1) of that Article) and Article 65-8 of the New Act apply to corporation tax pertaining to transfers of assets listed in the left-hand column of the table in Article 65-7, paragraph (1) of the New Act (excluding items (iv) and (xiii) of that table) that a corporation makes on or after January 1, 1992, and the provisions then in force continue to govern corporation tax pertaining to transfers of assets listed in the left-hand column of the table in Article 65-7, paragraph (1) of the Former Act (excluding items (iv) and (xii) of that table) that a corporation made before that date.

⑧In the case where a corporation, on or after January 1, 1992, makes a transfer of assets falling under the assets listed in the left-hand column of item (xv) of the table in Article 65-7, paragraph (1) of the Former Act (hereinafter referred to as "specified long-held land, etc." in this paragraph) and that corporation acquires (including constructing and manufacturing; hereinafter the same applies in this paragraph) assets listed in the right-hand column of that item (hereinafter referred to as "depreciable assets" in this paragraph), if that transfer falls under a transfer listed in any of the following items and that acquisition falls under the acquisition specified in the respective item, the provisions of Articles 65-7 through 65-9 of the Former Act (limited to the part pertaining to item (xv) of the table in Article 65-7, paragraph (1) of the Former Act) remain in force with regard to corporation tax pertaining to that transfer:

⑩With regard to the application of the provisions of Articles 65-3 through 65-5 of the New Act in the case where the provisions of the preceding two paragraphs apply, the phrase "through Article 65-9" in Article 65-3, paragraph (1), Article 65-4, paragraph (1) and Article 65-5, paragraph (1) of the New Act is deemed to be replaced with "through Article 65-9, or Articles 65-7 through 65-9 of the Act on Special Measures Concerning Taxation prior to the amendment by the 1991 Amendment Act, which remain in force pursuant to the provisions of Article 15, paragraph (8) of the Supplementary Provisions of the 1991 Amendment Act".

⑪The provisions of Article 66 of the New Act apply to corporation tax pertaining to capital contributions prescribed in paragraph (1) of that Article that a corporation makes on or after January 1, 1992.

①The provisions of Article 66-5, paragraph (3) of the New Act apply to the amount of donations prescribed in that paragraph that a corporation expends on or after the Effective Date.

②The provisions of Article 66-5, paragraph (16) of the New Act apply to corporation tax for which the time limit or date specified in any of the items of that paragraph arrives on or after the Effective Date, and with regard to the period during which a reassessment or determination or a decision on imposition prescribed in that paragraph may be made in respect of corporation tax for which that time limit or date arrived before the Effective Date, the provisions then in force continue to govern.

③The provisions of Article 66-5, paragraphs (17) and (18) of the New Act apply to corporation tax for which the statutory due date for payment prescribed in Article 72, paragraph (1) of the Act on General Rules for National Taxes (Act No. 66 of 1962) arrives on or after the Effective Date, and with regard to the prescription of the right to collect national tax prescribed in that paragraph in respect of corporation tax for which that statutory due date for payment arrived before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 66-6, paragraph (5) of the New Act apply to corporation tax for the business year that includes the day on which two months have elapsed from the end of the business year of a foreign affiliated company prescribed in that paragraph that ends on or after the Effective Date, and with regard to corporation tax for the business year that includes the day on which two months have elapsed from the end of the business year of that foreign affiliated company that ended before the Effective Date, the provisions then in force continue to govern.

With regard to the inclusion in gross profit of the amount that a corporation has accounted for as a special account under Article 66-15, paragraph (1) of the Former Act, pursuant to the provisions of that paragraph, in a business year that began before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 70-4 of the New Act apply to gift tax on gifts of farmland, etc. prescribed in paragraph (1) of that Article made on or after January 1, 1992 (excluding gifts that take effect upon the death of the donor; the same applies in the following paragraph), and the provisions then in force continue to govern gifts of farmland, etc. prescribed in Article 70-4, paragraph (1) of the Former Act made before that date.

②The provisions of Article 70-5 of the New Act apply to inheritance tax on inheritance or bequest (including a gift that takes effect upon the death of the donor; hereinafter the same applies in this Article) resulting from the death in the case where, on or after January 1, 1992, a donor of farmland, etc. prescribed in Article 70-4, paragraph (1) of the New Act pertaining to gift tax to which the provisions of that paragraph apply dies, or in the case where, on or after that date, a donor of farmland, etc. prescribed in Article 70-4, paragraph (1) of the Former Act pertaining to gift tax to which the provisions of that paragraph apply (hereinafter referred to as a "donor of farmland, etc. under the Former Act" in this paragraph) dies, and the provisions then in force continue to govern inheritance tax on inheritance or bequest resulting from the death in the case where a donor of farmland, etc. under the Former Act died before that date.

③The provisions of Article 70-6 of the New Act apply to inheritance tax on inheritance or bequest in the case where the property acquired, as prescribed in paragraph (1) of that Article, by inheritance or bequest on or after January 1, 1992 includes farmland, pasture land or quasi-farmland prescribed in that paragraph.

④In the case specified by Cabinet Order as the case where, among the property that a farming heir prescribed in Article 70-6, paragraph (1) of the New Act acquired, as prescribed in that paragraph, by inheritance or bequest during the period from January 1, 1992 to December 31, 1992, farmland or pasture land prescribed in Article 70-4, paragraph (2), item (i) or (ii) of the New Act (hereinafter referred to as "farmland, etc." in this paragraph) that fell under specified farmland, etc. in an urbanization promotion area prescribed in item (iii) of that paragraph (hereinafter referred to as "specified farmland, etc. in an urbanization promotion area" in this Article) at the time of that acquisition has, by that date, come to fall under the farmland, etc. listed in any of the following items due to a decision on or change to a city plan under the provisions of the City Planning Act (Act No. 100 of 1968), the provisions of Article 70-6 of the New Act may be applied to the inheritance tax pertaining to that farming heir, upon the request of that farming heir, by deeming that farmland, etc. to have fallen under the farmland, etc. listed in that item at the time of that acquisition:

⑤With regard to inheritance tax on inheritance or bequest in the case where the property acquired, as prescribed in Article 70-6, paragraph (1) of the Former Act, before January 1, 1992 includes farmland, pasture land or quasi-farmland prescribed in that paragraph, the provisions of that Article remain in force. In this case, the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's former Japanese name) in paragraph (10) of that Article is deemed to be replaced with "財務省令" (Order of the Ministry of Finance).

⑥With regard to special farmland, etc. prescribed in Article 70-6, paragraph (1) of the Former Act to which the provisions of that paragraph, which remain in force pursuant to the provisions of the preceding paragraph, apply, and which falls under specified farmland, etc. in an urbanization promotion area on April 1, 1997 (limited to that pertaining to an inheritance that commenced during the period from January 1, 1991 to December 31, 1991), if the farming heir prescribed in that paragraph has, pursuant to the provisions of Cabinet Order, obtained the approval of the district director having jurisdiction over the place for tax payment with regard to the expectation that the farming heir will, during the period from April 1, 2004 to March 31, 2007, make a conversion of all or part of that specified farmland, etc. in an urbanization promotion area that satisfies the requirements listed in any of the following items, then, with regard to the application of the proviso to that paragraph and paragraph (7) of that Article to that farming heir, the conversion pertaining to that approval is deemed not to fall under a transfer, etc. prescribed in those provisions. In this case, if the conversion pertaining to that approval has been made for all of that special farmland, etc., that farming heir is deemed not to fall under the case listed in paragraph (1), item (ii) of that Article.

⑦The district director referred to in the preceding paragraph may refuse to grant the approval referred to in that paragraph if, when an application for that approval has been filed, there are grounds for finding that the construction work pertaining to the requirements listed in the items of that paragraph will not be commenced by March 31, 2007.

⑧In the case referred to in paragraph (6), with regard to the application of the provisions of Article 70-6, paragraphs (7) and (9) of the Former Act, which remain in force pursuant to the provisions of paragraph (5), when the approval of the district director referred to in paragraph (6) has been obtained, the following applies:

⑨In the case where a farming heir prescribed in paragraph (6) who has obtained the approval prescribed in that paragraph holds special farmland, etc. referred to in that paragraph (excluding specified farmland, etc. in an urbanization promotion area for which that approval has been obtained; hereinafter the same applies in this paragraph), if the farming heir has made a transfer, etc. prescribed in Article 70-6, paragraph (1), item (i) of the Former Act (excluding a transfer by expropriation or exchange, etc. prescribed in that item and any other transfer or establishment specified by Cabinet Order) of an area of that special farmland, etc. exceeding 20 percent of the area of that special farmland, etc., or has discontinued the agricultural management pertaining to that special farmland, etc., the provisions of the proviso to Article 70-6, paragraph (1) of the Former Act, which remains in force pursuant to the provisions of paragraph (5), apply to that special farmland, etc. by deeming it to fall under the case listed in any of the items of that paragraph; provided, however, that this does not apply to specified farmland, etc. in an urbanization promotion area pertaining to that approval.

⑩A farming heir prescribed in paragraph (6) who has obtained the approval prescribed in that paragraph must, until the tax payment grace period deadline, submit to the district director having jurisdiction over the place for tax payment, pursuant to the provisions of Cabinet Order, a written notification stating that the farming heir continues to satisfy the requirements listed in the items of that paragraph, by the day on which each three-year period elapses, counting from the day following the day on which that approval was obtained.

⑪If the written notification referred to in the preceding paragraph is not submitted by the time limit prescribed in that paragraph, then, with regard to the inheritance tax prescribed in paragraph (6), notwithstanding the provisions of that paragraph, the day on which two months have elapsed from the day following that time limit (or, if the farming heir pertaining to that inheritance tax dies after that time limit and on or before that day, the day on which six months have elapsed from the day following the day on which an heir of that farming heir came to know of the commencement of the succession due to the death of that farming heir) is the time limit pertaining to the tax payment grace period under the provisions of Article 70-6, paragraph (7) of the Former Act, which remains in force pursuant to the provisions of paragraph (5).

⑫Even if the copy of the certificate referred to in paragraph (6), item (ii)(d) or the written notification referred to in paragraph (10) has not been submitted by the deadline for filing or the time limit prescribed in paragraph (10), if the district director prescribed in those provisions finds that there were unavoidable circumstances for the failure to submit it within those time limits, and the copy of the certificate or the written notification has been submitted to that district director pursuant to the provisions of Cabinet Order, the copy of the certificate or the written notification is deemed to have been submitted within those time limits with regard to the application of the provisions of paragraph (8), item (ii) or the preceding paragraph.

⑬If a farming heir to whom the provisions of Article 70-6, paragraph (1) of the Former Act, which remain in force pursuant to the provisions of paragraph (5), apply has, during the period from January 1, 1992 to December 31, 1994, made a transfer referred to in item (i) of that paragraph of specified farmland, etc. in an urbanization promotion area to which the provisions of that paragraph apply (limited to that pertaining to an inheritance that commenced before January 1, 1985) to the State, a local government, the Housing and Urban Development Corporation or any other corporation specified by Cabinet Order, the provisions of the proviso to that paragraph and paragraph (7) of that Article apply to that transfer by deeming it to be a transfer by expropriation or exchange, etc. prescribed in that item.

⑭Beyond what is provided for in the preceding paragraphs, matters concerning the application of the provisions of Article 70-5 of the New Act to inheritance tax on inheritance or bequest resulting from the death in the case where a donor of farmland, etc. under the Former Act prescribed in paragraph (2) dies on or after January 1, 1992, and other necessary matters concerning the application of the provisions of the preceding paragraphs, are specified by Cabinet Order.

⑮The provisions of Article 70-7 of the New Act (limited to the part pertaining to the ratio prescribed in paragraph (1) of that Article and the part pertaining to paragraphs (6) and (7) of that Article) apply to inheritance tax pertaining to permission for payment in installments 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, except as provided in paragraphs (17) and (18), the provisions then in force continue to govern inheritance tax for which permission for payment in installments under those provisions was granted before the Effective Date.

⑯The provisions of Article 70-7 of the New Act (excluding the part pertaining to the ratio prescribed in paragraph (1) of that Article and the part pertaining to paragraphs (6) and (7) of that Article) apply to inheritance tax on property acquired by inheritance or bequest on or after the date on which the Forest Act Amendment Act comes into effect, and the provisions then in force continue to govern inheritance tax on property acquired by inheritance or bequest before that date.

⑰In the case where there is an amount of inheritance tax for which permission for payment in installments was granted before the Effective Date and for which the ratio of the value of standing timber located within the district for which a forest operation plan prescribed in Article 70-7, paragraph (1) of the Former Act has been established to the total value of the property that formed the basis for calculating that amount of inheritance tax is three-tenths or more and less than four-tenths, if the person who was granted that permission files an application, pursuant to the provisions of Cabinet Order, with regard to the installment payments pertaining to the payment in installments whose due date for payment arrives on or after the Effective Date, by the first 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, the day on which four months have elapsed from the Effective Date; the same applies in the following paragraph), the district director may change those installment payments in accordance with the provisions of Article 70-7, paragraph (1) or (2) of the New Act.

⑱In the case prescribed in the preceding paragraph, if a person who was granted permission for payment in installments before the Effective Date has submitted the documents prescribed in Article 70-7, paragraph (5) of the New Act to the district director having jurisdiction over the place for tax payment by the due date for payment of the installment payment pertaining to the payment in installments that first arrives on or after the Effective Date, the portion of the interest tax pertaining to the amount of inheritance tax for which the due date for payment of an installment payment pertaining to the payment in installments arrives on or after the Effective Date that corresponds to the period on or after the Effective Date is to be calculated in accordance with the provisions of paragraph (3) of that Article.

①The 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, and the provisions then in force continue to govern 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 77-3, item (i) of the Former Act.

②The 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 through exchange and consolidation prescribed in that paragraph on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of transfer of ownership of land that the member acquired through exchange and consolidation prescribed in Article 77-4, paragraph (2) of the Former Act before the Effective Date.

③The provisions of Article 78-2 of the New Act apply to registration and license tax on the registration of transfer of ownership of land referred to in that Article for which a production forestry cooperative or agricultural production corporation prescribed in that Article receives a capital contribution prescribed in that Article on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of transfer of ownership of land referred to in that Article for which a production forestry cooperative or agricultural production corporation prescribed in Article 78-2 of the Former Act received a capital contribution prescribed in that Article before the Effective Date.

④With regard to the matters listed in the items of Article 81, paragraph (2) of the Former Act pertaining to the approval prescribed in that paragraph that was given before the Effective Date, and the matters listed in the items of Article 81, paragraph (2) of the Former Act pertaining to approvals given during the period from the Effective Date to March 31, 1993 (limited to the approval referred to in Article 8, paragraph (1) of the Act on Temporary Measures for Facilitating Industrial Structural Transformation (Act No. 24 of 1987) pertaining to an approved tie-up business operator prescribed in that paragraph that uses specified equipment prescribed in Article 4, paragraph (2) of that Act (limited to that specified by Order of the Ministry of Finance) for its business), the provisions of that paragraph remain in force. In this case, with regard to the application of the provisions of that paragraph to the matters listed in the items of that paragraph pertaining to that approval given on or after the Effective Date, the phrase "March 31, 1991" in that paragraph is deemed to be replaced with "March 31, 1993".

The provisions of Article 93 of the New Act apply to securities transaction tax on transfers of fractional shares prescribed in paragraph (1) of that Article that a person other than a securities company prescribed in that paragraph makes, on or after the Effective Date, to a corporation prescribed in that paragraph.

①The provisions of Article 5, paragraph (4) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation as amended by the provisions of the preceding Article (referred to as the "1988 Amendment Act as Amended" in the following paragraph) apply to income tax for 1991 and subsequent years, and with regard to income tax for 1990 and earlier years, the provisions then in force continue to govern.

②The provisions of Article 12, paragraph (5) of the Supplementary Provisions of the 1988 Amendment Act as Amended apply to corporation tax of a corporation for business years ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a corporation for business years that ended before the Effective Date.