The provisions of Article 58, paragraph (1) of the New Act apply to corporation tax for business years of a corporation ending on or after the Effective Date, and with regard to corporation tax for business years of a corporation that ended before the Effective Date, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of that paragraph in the case where a corporation has revenue from overseas transactions involving technology, etc. prescribed in that paragraph in a business year that began before the Effective Date and ends on or after the Effective Date, the phrase "7 percent of that revenue (for revenue from the transactions listed in item (iii) of the following paragraph" in that paragraph is deemed to be replaced with "8 percent of that revenue within the period from the first day of that business year to March 31, 1994 (for revenue from the transactions listed in item (iii) of the following paragraph, 16 percent) and the amount equivalent to 7 percent of that revenue within the period from April 1 of that year to the end of the business year (for revenue from the transactions listed in that item", the phrase "the total of the amounts equivalent to" is deemed to be replaced with "the total of the amount equivalent to", and the phrase "35 percent" is deemed to be replaced with "40 percent".

①The provisions of Article 62-3 of the New Act apply to corporation tax on a transfer, etc. of land prescribed in paragraph (1) of that Article made by a corporation on or after January 1, 1994, and the provisions then in force continue to govern corporation tax on a transfer, etc. of land prescribed in Article 62-3, paragraph (1) of the Former Act made by a corporation before that date.

②With regard to a transfer for a determined site for constructing a superior residential area, etc. prescribed in Article 62-3, paragraph (5) of the New Act pertaining to a transfer of land, etc. listed in paragraph (4), item (vii) of that Article or a transfer of land, etc. listed in item (x) of that paragraph (limited to one pertaining to the development of residential land where the area of the single block of residential land referred to in (a) of that item is less than 1,000 square meters) that a corporation made during the period from January 1, 1994 to March 31, 1994 and that pertains to a business year that ended on or before that date, even in the case where a corporation tax return prescribed in paragraph (10) of that Article has been filed without the documents prescribed in that paragraph attached, if the corporation submits those documents to the district director with jurisdiction over its place for tax payment by the day on which two months have elapsed from the Effective Date, the provisions of paragraph (5) of that Article may be applied, notwithstanding the provisions of paragraph (10) of that Article.

③The provisions of Article 65-3, paragraph (1), item (v) of the New Act apply to corporation tax on a transfer of land, etc. prescribed in that paragraph made by a corporation on or after the Effective Date.

④The provisions of Article 65-4, paragraph (1), item (x) of the New Act apply to corporation tax on a transfer of land, etc. prescribed in that paragraph made by a corporation on or after the Effective Date.

The provisions of Article 66-10, paragraph (1), item (x) of the New Act apply to fixed assets specified in that item that a corporation acquires or manufactures on or after the Effective Date.

The provisions of Article 66-13, paragraph (1) of the New Act apply to the special amount of loss prescribed in that paragraph of a corporation for business years beginning on or after the Effective Date, and the provisions then in force continue to govern the special amount of loss prescribed in Article 66-13, paragraph (1) of the Former Act of a corporation for business years that began before the Effective Date.

With regard to a claim for a refund of corporation tax under the provisions of Article 81, paragraph (1) of the Corporation Tax Act pertaining to the amount of loss prescribed in Article 2, item (xx) of that Act incurred in a business year that ended during the period from November 25, 1993 to the day before the Effective Date of a corporation that falls under a specified small and medium sized enterprise prescribed in Article 66-14 of the New Act, the corporation may, notwithstanding the provisions of that paragraph, make that claim for a refund by the day on which three months have elapsed from the Effective Date.

①The provisions of Article 69-3, paragraphs (1) through (3) of the New Act apply to inheritance tax on small-scale residential land, etc. prescribed in paragraph (1) of that Article acquired through inheritance or bequest (including a gift that takes effect upon the death of the donor; the same applies hereinafter in this paragraph) on or after January 1, 1994, and the provisions then in force continue to govern inheritance tax on small-scale residential land, etc. prescribed in Article 69-3, paragraph (1) of the Former Act acquired through inheritance or bequest before that date; provided, however, that if all persons who acquired that small-scale residential land, etc. through inheritance or bequest during the period from that date to the Effective Date choose to calculate, for that small-scale residential land, etc., the value to be included in the taxable value for inheritance tax prescribed in paragraph (1) or (2) of that Article pursuant to those provisions, the provisions of that Article may be applied.

②The provisions of Article 70-3 of the New Act apply to gift tax on property acquired through a gift (excluding a gift that takes effect upon the death of the donor; the same applies hereinafter in this paragraph) on or after January 1, 1994, and the provisions then in force continue to govern gift tax on property acquired through a gift before that date.

The provisions of Chapter IV-2 of the New Act apply to land value tax on land, etc. held by an individual or corporation on the taxation date of each year from 1994 onward, and the provisions then in force continue to govern land value tax on land, etc. held by an individual or corporation on the taxation date of each year up to 1993.

①The provisions of Article 76, paragraph (1) of the New Act apply to registration and license tax on the registration of transfer of ownership of land sold by the State as 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 sold by the State as prescribed in Article 76, paragraph (1) of the Former Act before the Effective Date.

②The provisions of Article 77-2, paragraph (2) of the New Act apply to registration and license tax on the registration of the creation of a superficies right in the case where a forest development corporation prescribed in that paragraph has a superficies right created for it on or after the Effective Date over land pertaining to a shared-profit forest cultivation contract prescribed in that paragraph, and the provisions then in force continue to govern registration and license tax on the registration of the creation of a superficies right in the case where a forest development corporation prescribed in Article 77-2, paragraph (2) of the Former Act had a superficies right created for it before the Effective Date over land pertaining to a shared-profit forest cultivation contract prescribed in that paragraph.

③The provisions of Article 77-5 of the New Act apply to registration and license tax on the registration of preservation of ownership of land prescribed in that Article that an individual receives on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of preservation of ownership of land prescribed in Article 77-5 of the Former Act that an individual received before the Effective Date.

⑤The provisions of Article 79 of the New Act apply to registration and license tax on the registration of preservation of ownership of, or the registration of the creation of a mortgage on, an ocean-going ship prescribed in paragraph (1) of that Article that is newly built on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on those registrations for an ocean-going ship prescribed in Article 79, paragraph (1) of the Former Act that was newly built before the Effective Date.

⑥The provisions of Article 81, item (iii) of the New Act apply to registration and license tax on the registration of the matters listed in that item that pertain to a recommendation or instruction, or a certification or approval, prescribed in that Article that is given on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of the matters listed in Article 81, item (iii) of the Former Act that pertain to a recommendation or instruction, or a certification or approval, prescribed in that Article that was given before the Effective Date.

⑦The provisions of Article 82-2 of the New Act apply to registration and license tax on the registration of preservation of ownership of land prescribed in that Article that a corporation prescribed in that Article acquires on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of preservation of ownership of land prescribed in Article 82-2 of the Former Act that a corporation prescribed in that Article acquired before the Effective Date.

⑧The provisions of Article 83, paragraph (1) of the New Act apply to registration and license tax on the registration of transfer of ownership of land to be used for specified private urban development projects, etc. prescribed in that paragraph, carried out on or after the Effective Date with a loan of funds prescribed in that paragraph, and the provisions then in force continue to govern registration and license tax on the registration of transfer of ownership of land to be used for specified private urban development projects, etc. prescribed in Article 83, paragraph (1) of the Former Act, carried out before the Effective Date with a loan of funds prescribed in that paragraph.

⑨If a registration of real property prescribed in Article 84-3 of the New Act is one obtained during the period from April 1, 1994 through March 31, 1996, the provisions of that Article apply with the phrase "50 percent" in that Article deemed to be replaced with "40 percent".

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

The provisions of Article 10, paragraph (17) 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, apply to corporation tax for business years of a corporation ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax for business years of a corporation that ended before the Effective Date.

The provisions of Article 19 and Article 20, paragraphs (2) and (3) 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, apply to corporation tax for business years of a corporation ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax for business years of a corporation that ended before the Effective Date.