Supplementary Provisions, Article 114Transitional Measures Concerning Special Provisions on Taxation of the Interest on Liabilities Payable to a Foreign Controlling Shareholder
第百十四条(国外支配株主等に係る負債の利子等の課税の特例に関する経過措置)
The provisions of Article 66-5 of the New Act on Special Measures Concerning Taxation 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. In this case, with regard to the application of the provisions of that Article for a business year of a corporation that began before the Effective Date and ends on or after the Effective Date, the phrase "to a fund provider, etc. interest, etc. on liabilities" in paragraph (1) of that Article is deemed to be replaced with "to a fund provider, etc. (excluding persons specified by Cabinet Order; the same applies hereinafter in this Article) interest, etc. on liabilities (excluding those specified by Cabinet Order; the same applies hereinafter in this Article)", and the phrase "liabilities to the foreign controlling shareholder, etc. and the fund provider, etc." with "liabilities to the foreign controlling shareholder, etc. and the fund provider, etc. (excluding liabilities specified by Cabinet Order; the same applies hereinafter in this Article)".
新租税特別措置法第六十六条の五の規定は、法人の施行日以後に終了する事業年度分の法人税について適用し、法人の施行日前に終了した事業年度分の法人税については、なお従前の例による。この場合において、法人の施行日前に開始し、かつ、施行日以後に終了する事業年度における同条の規定の適用については、同条第一項中「資金供与者等に負債の利子等」とあるのは「資金供与者等(政令で定める者を除く。以下この条において同じ。)に負債の利子等(政令で定めるものを除く。以下この条において同じ。)」と、「国外支配株主等及び資金供与者等に対する負債」とあるのは「国外支配株主等及び資金供与者等に対する負債(政令で定める負債を除く。以下この条において同じ。)」とする。