Supplementary Provisions, Article 126Transitional Measures Concerning Special Provisions on Taxation of Interest, etc. on Liabilities Payable to Specified Foreign Beneficiaries, etc. Related to Specified Trusts
第百二十六条（特定信託に係る特定国外受益者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 68-3-6 of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation that is the trustee of a specified trust for calculation periods ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a corporation that is the trustee of a specified trust for calculation periods that ended before the Effective Date. In this case, with regard to the application of the provisions of that Article for a calculation period of a corporation that is the trustee of a specified trust 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 specified foreign beneficiary, etc. and the fund provider, etc." with "liabilities to the specified foreign beneficiary, 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六十八条の三の六の規定は、特定信託の受託者である法人の施行日以後に終了する計算期間分の法人税について適用し、特定信託の受託者である法人の施行日前に終了した計算期間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、特定信託の受託者である法人の施行日前に開始し、かつ、施行日以後に終了する計算期間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、「特定国外受益者等及び資金供与者等に対する負債」とあるのは「特定国外受益者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。