①The provisions of Article 55 of the New Act on Special Measures Concerning Taxation (excluding paragraph (4)) apply to specified shares, etc. referred to in paragraph (1) of that Article that a corporation acquires on or after the Effective Date, and with regard to specified shares, etc. referred to in Article 55, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 58, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to the inclusion in gross profit of the amount of the reserve for exploration or the reserve for overseas exploration that a corporation sets aside pursuant to the provisions of paragraph (1) or (2) of that Article in a business year beginning on or after the Effective Date (including the reserve for exploration or the reserve for overseas exploration set aside pursuant to the provisions of Article 68-61, paragraph (1) or (2) of the New Act on Special Measures Concerning Taxation in a consolidated business year beginning on or after the Effective Date), and the provisions then in force continue to govern the inclusion in gross profit of the amount of the reserve for exploration or the reserve for overseas exploration that a corporation set aside pursuant to the provisions of Article 58, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation in a business year that began before the Effective Date (including the reserve for exploration or the reserve for overseas exploration set aside pursuant to the provisions of Article 68-61, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation in a consolidated business year that began before the Effective Date).

With regard to corporation tax for the applicable business years prescribed in Article 61, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to the designation prescribed in that paragraph, of a corporation that received that designation before the Effective Date, and corporation tax for the business year that includes the date of revocation prescribed in paragraph (5) of that Article, the provisions then in force continue to govern.

The provisions of Article 61-3, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to specified agricultural machinery, etc. prescribed in paragraph (1) of that Article that a corporation acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern specified agricultural machinery, etc. prescribed in Article 61-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, manufactured or constructed before the Effective Date.

①The provisions of Article 64, paragraph (6) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (9) of that Article and Article 64-2, paragraph (14) and Article 65, paragraph (12) of the New Act on Special Measures Concerning Taxation) apply to substitute assets prescribed in Article 64, paragraph (1) of the New Act on Special Measures Concerning Taxation and assets acquired by exchange prescribed in Article 65, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires (including manufacture and construction; the same applies hereinafter in this paragraph and paragraph (4)) on or after the Effective Date, and the provisions then in force continue to govern substitute assets prescribed in Article 64, paragraph (1) of the Former Act on Special Measures Concerning Taxation and assets acquired by exchange prescribed in Article 65, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date.

②The provisions of Article 65, paragraph (1) (limited to the part concerning item (iv)) and paragraph (7) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (iv) of the New Act on Special Measures Concerning Taxation made by a corporation on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and the provisions then in force continue to govern corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation made by a corporation before that date.

③The provisions of Article 65, paragraph (8) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (v) of the New Act on Special Measures Concerning Taxation made by a corporation on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and the provisions then in force continue to govern corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (v) of the Former Act on Special Measures Concerning Taxation made by a corporation before that date.

④The provisions of Article 65-7, paragraph (7) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (10) of that Article and Article 65-8, paragraph (16) of the New Act on Special Measures Concerning Taxation) apply to assets listed in the right-hand column of the items of the table in Article 65-7, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires on or after the Effective Date, and the provisions then in force continue to govern assets listed in the right-hand column of the items of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date.

①The provisions of Article 66-4, paragraphs (6) and (7) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years beginning on or after April 1, 2017.

②The provisions of Article 66-4, paragraphs (8), (9), (11) and (12) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years beginning on or after April 1, 2017, and the provisions then in force continue to govern corporation tax of a corporation for business years that began before that date.

③The provisions of Article 66-4-3, paragraphs (4) and (5) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a foreign corporation for business years beginning on or after April 1, 2017.

④The provisions of Article 66-4-3, paragraphs (6), (7) and (14) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a foreign corporation for business years beginning on or after April 1, 2017, and the provisions then in force continue to govern corporation tax of a foreign corporation for business years that began before that date.

⑤The provisions of Article 66-4-4 of the New Act on Special Measures Concerning Taxation apply to the country-by-country report prescribed in paragraph (1) of that Article pertaining to an ultimate parent fiscal year (meaning the ultimate parent fiscal year prescribed in paragraph (4), item (vii) of that Article; the same applies in the following paragraph) beginning on or after the Effective Date.

⑥The provisions of Article 66-4-5 of the New Act on Special Measures Concerning Taxation apply to the business overview report items prescribed in paragraph (1) of that Article pertaining to an ultimate parent fiscal year beginning on or after the Effective Date.