①The provisions of Article 42-10, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the depreciation limit (meaning the limit of the amount to be included in deductible expenses as depreciation allowance; the same applies hereinafter in this paragraph and paragraph (1) of the following Article) for specified machinery and equipment, etc. prescribed in that paragraph that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and with regard to the depreciation limit for specified machinery and equipment, etc. prescribed in Article 42-10, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, or manufactured or constructed, before the Effective Date, the provisions then in force continue to govern.

②In the case where a consolidated subsidiary corporation has had its approval under Article 4-2 of the Corporation Tax Act revoked pursuant to the provisions of Article 4-5, paragraph (1) of that Act, with regard to the amount equivalent to the amount pertaining to that consolidated subsidiary corporation, out of the amount deducted from the amount of corporation tax on consolidated income pursuant to the provisions of Article 68-14, paragraph (2) or (3) of the Former Act on Special Measures Concerning Taxation in any consolidated business year that began before the Effective Date, out of the consolidated business years of that consolidated subsidiary corporation beginning within five years before the revocation date prescribed in Article 42-10, paragraph (5) of the Former Act on Special Measures Concerning Taxation, the provisions then in force continue to govern.

①The provisions of Article 42-11, paragraphs (1) and (2) of the New Act on Special Measures Concerning Taxation apply to the depreciation limit for specified machinery and equipment, etc. prescribed in paragraph (1) of that Article that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and to the amount deducted, for that specified machinery and equipment, etc., from the corporation tax before adjustment (meaning the corporation tax before adjustment prescribed in paragraph (2) of that Article) on income for the business year that includes the day on which that specified machinery and equipment, etc. is used for the specified international strategic business prescribed in paragraph (1) of that Article, in that business year, and with regard to the depreciation limit for specified machinery and equipment, etc. prescribed in Article 42-11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, or manufactured or constructed, before the Effective Date, and the amount deducted, for that specified machinery and equipment, etc., from the corporation tax before adjustment (meaning the corporation tax before adjustment prescribed in paragraph (2) of that Article) on income for the business year that includes the day on which that specified machinery and equipment, etc. was used for the specified international strategic business prescribed in that paragraph, in that business year, the provisions then in force continue to govern.

②In the case where a consolidated subsidiary corporation has had its approval under Article 4-2 of the Corporation Tax Act revoked pursuant to the provisions of Article 4-5, paragraph (1) of that Act, with regard to the amount equivalent to the amount pertaining to that consolidated subsidiary corporation, out of the amount deducted from the amount of corporation tax on consolidated income pursuant to the provisions of Article 68-15, paragraph (2) or (3) of the Former Act on Special Measures Concerning Taxation in any consolidated business year that began before the Effective Date, out of the consolidated business years of that consolidated subsidiary corporation beginning within five years before the revocation date prescribed in Article 42-11, paragraph (5) of the Former Act on Special Measures Concerning Taxation, the provisions then in force continue to govern.

With regard to the application of the provisions of Article 42-12-2, paragraph (3) of the New Act on Special Measures Concerning Taxation in a business year of a corporation that began before the Effective Date, the phrase "and Part III, Chapter II" in that paragraph is deemed to be replaced with "(including the cases where Articles 72 and 74 of that Act are applied mutatis mutandis pursuant to Article 145, paragraph (1) of the Corporation Tax Act prior to the amendment by the provisions of Article 3 of the Act Partially Amending the Income Tax Act, etc. (Act No. 10 of 2014) in the case where the provisions then in force continue to govern pursuant to the provisions of Article 25 of the Supplementary Provisions of that Act)"; the phrase ", that Act" with ", the Corporation Tax Act"; and the words ", the phrase ',' in Article 144 of that Act is deemed to be replaced with ', the phrase “amount of corporation tax” is deemed to be replaced with “amount of corporation tax (where there is an amount to be deducted pursuant to the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation, the amount remaining after deducting that amount)”,'; the phrase 'amount of corporation tax on' in Article 144-2, paragraph (1) of that Act is deemed to be replaced with 'amount of corporation tax (where there is an amount to be deducted pursuant to the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation, the amount remaining after deducting that amount; the same applies in the following paragraph and paragraph (3)) on'; the phrase 'the provisions of' in Article 144-4, paragraph (1), item (iii) of that Act is deemed to be replaced with 'the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation and of'; the phrase 'the preceding Section' in item (iv) of that paragraph and paragraph (2), item (ii) of that Article is deemed to be replaced with 'the preceding Section and Article 42-12-2, paragraph (1) of the Act on Special Measures Concerning Taxation'; the phrase 'the provisions of' in Article 144-6, paragraph (1), item (iii) of that Act is deemed to be replaced with 'the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation and of'; and the phrase 'the preceding Section' in item (iv) of that paragraph and paragraph (2), item (ii) of that Article is deemed to be replaced with 'the preceding Section and Article 42-12-2, paragraph (1) of the Act on Special Measures Concerning Taxation'" are deemed to be deleted.

①With regard to specified productivity-improving equipment, etc. prescribed in Article 42-12-5, paragraph (2) or (8) of the Former Act on Special Measures Concerning Taxation for which a corporation made an acquisition, etc. (meaning an acquisition, etc. prescribed in paragraph (1) of that Article; the same applies hereinafter in this paragraph) before the Effective Date, and specified productivity-improving equipment, etc. prescribed in paragraph (1) or (7) of that Article for which a corporation made an acquisition, etc. before April 1, 2017, the provisions then in force continue to govern.

②With regard to the inclusion in gross profit of the amount of the reserve for special depreciation that a corporation set aside pursuant to the provisions of Article 42-12-5, paragraph (5) of the Former Act on Special Measures Concerning Taxation in a business year that began before the Effective Date, the provisions then in force continue to govern.

①With regard to production equipment for specified processed agricultural products prescribed in Article 44-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 44-5, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified telecommunications equipment prescribed in Article 44-5, paragraph (1) of the New Act on Special Measures Concerning Taxation for which a corporation makes an acquisition, etc. (meaning an acquisition, or manufacture or construction; the same applies hereinafter in this paragraph and the following paragraph) on or after the date specified in Article 1, item (xvi) of the Supplementary Provisions, and with regard to specified reliability-enhancing equipment prescribed in Article 44-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation for which a corporation made an acquisition, etc. before that date, the provisions then in force continue to govern.

③With regard to disaster countermeasure core broadcasting equipment, etc. prescribed in Article 44-5, paragraph (2) of the Former Act on Special Measures Concerning Taxation for which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

④The provisions of Article 46 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 with regard to corporation tax of a corporation for business years that ended before the Effective Date, the provisions then in force continue to govern.

⑤With regard to the application of the provisions of Article 46 of the New Act on Special Measures Concerning Taxation in a business year of a corporation that began before the Effective Date and ends on or after the Effective Date, the phrase "period (hereinafter referred to as the 'designated period' in this paragraph)" in paragraph (1) of that Article is deemed to be replaced with "period"; the phrase ", which are specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, within the designated period of that business year" with ", within that business year"; and the phrase "meaning the amount" with "meaning the amount (or, for those that do not fall under assets specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, the amount calculated by multiplying that amount by the number of months in the period from the first day of that business year to March 31, 2016, and dividing the result by the number of months in that business year)".

⑥The number of months referred to in Article 46, paragraph (1) of the New Act on Special Measures Concerning Taxation as applied following the deemed replacement of terms pursuant to the provisions of the preceding paragraph is calculated in accordance with the calendar, and a fraction of less than one month is counted as one month.

⑦The provisions of Article 47, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to rental housing for the elderly with services prescribed in that paragraph that a corporation acquires or newly builds on or after the Effective Date.

⑧With regard to rental housing for the elderly with services prescribed in Article 47, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or newly built before the Effective Date, the provisions of that Article remain in force. In this case, the phrase "Article 68-34, paragraph (1)" in paragraph (2) of that Article is deemed to be replaced with "Article 68-34, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 10 of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016), which remains in force pursuant to the provisions of Article 115, paragraph (8) of the Supplementary Provisions of that Act".

⑨The provisions of Article 48 of the New Act on Special Measures Concerning Taxation apply to warehouse buildings, etc. prescribed in Article 48, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires or constructs on or after the date specified in Article 1, item (xv) of the Supplementary Provisions.

⑩With regard to buildings for warehouse use and their associated facilities, or structures, prescribed in Article 48, paragraph (1) of the Former Act on Special Measures Concerning Taxation that, on or before March 31, 2017, were acquired or constructed by a corporation that, before the date specified in Article 1, item (xv) of the Supplementary Provisions, obtained the certification referred to in Article 4, paragraph (1) of the Act on Advancement of Integration and Streamlining of Distribution Business prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016) (hereinafter referred to as the "Former Distribution Efficiency Act" in this paragraph), or by a corporation that, before that date, obtained the confirmation prescribed in Article 7, paragraph (1) of the Former Distribution Efficiency Act, the provisions of that Article remain in force. In this case, the phrase ", the Act on Advancement of Integration and Streamlining of Distribution Business" in that paragraph is deemed to be replaced with ", the Act on Advancement of Integration and Streamlining of Distribution Business prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016; hereinafter referred to as the 'Distribution Efficiency Act Amendment Act' in this paragraph) (hereinafter referred to as the 'Former Distribution Efficiency Act' in this paragraph)"; the phrase "or that Act" with "or the Former Distribution Efficiency Act"; the phrase "that Act stated in the certified comprehensive streamlining plan prescribed in Article 5, paragraph (2) of the Act on Advancement of Integration and Streamlining of Distribution Business" with "the Former Distribution Efficiency Act stated in the comprehensive streamlining plan prescribed in Article 2 of the Supplementary Provisions of the Distribution Efficiency Act Amendment Act"; and the phrase "Article 68-36, paragraph (1)" in paragraph (2) of that Article with "Article 68-36, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 10 of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016), which remains in force pursuant to the provisions of Article 115, paragraph (10) of the Supplementary Provisions of that Act".