①The provisions of Article 68-9 of the New Act on Special Measures Concerning Taxation apply to corporation tax for consolidated business years in which a consolidated corporation's consolidated parent corporation business year (meaning a consolidated parent corporation business year prescribed in Article 15-2, paragraph (1) of the Corporation Tax Act; the same applies hereinafter up to Article 149 of the Supplementary Provisions) begins on or after the Effective Date, and the provisions then in force continue to govern corporation tax for consolidated business years in which a consolidated corporation's consolidated parent corporation business year began before the Effective Date.

②Necessary transitional measures for the enforcement of the provisions of Article 68-9, paragraph (3) or (7) of the New Act on Special Measures Concerning Taxation in the case where the amount of experimental research expenses (meaning the amount of experimental research expenses prescribed in paragraph (1) of that Article; the same applies hereinafter in this paragraph) that is included in deductible expenses in calculating the amount of consolidated income for the consolidated business year of a consolidated parent corporation, or of a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation at the end of the consolidated business year for which that consolidated parent corporation seeks to apply the provisions of Article 68-9, paragraph (3) or (7) of the New Act on Special Measures Concerning Taxation, or the amount of experimental research expenses that is included in deductible expenses in calculating the amount of consolidated income for the previous consolidated business year of that consolidated parent corporation, or of a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation at the end of the previous consolidated business year of that consolidated parent corporation prescribed in paragraph (3) or (7) of that Article (hereinafter referred to as the "previous consolidated business year" in this paragraph), includes an amount that was included in deductible expenses as a depreciation allowance for equipment for development research prescribed in Article 68-20-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation, are specified by Cabinet Order.