Supplementary Provisions, Article 47Transitional Measures Concerning Special Provisions on Taxation of Interest Received by a Foreign Financial Institution, etc. from Bond Transactions with Repurchase/Resale Agreements, etc.
第四十七条（外国金融機関等の債券現先取引等に係る利子の課税の特例に関する経過措置）
The provisions of Article 42-2, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to the interest received prescribed in that paragraph that a specified foreign corporation prescribed in that paragraph receives with respect to a specified bond transaction with a repurchase/resale agreement involving book-entry government bonds, etc. prescribed in that paragraph that it commences on or after the Effective Date, and the provisions then in force continue to govern the interest received prescribed in that paragraph that a specified foreign corporation prescribed in Article 42-2, paragraph (3) of the Former Act on Special Measures Concerning Taxation receives with respect to a specified bond transaction with a repurchase/resale agreement involving book-entry government bonds prescribed in that paragraph that it commenced before the Effective Date.
新租税特別措置法第四十二条の二第三項の規定は、同項に規定する特定外国法人が施行日以後に開始する同項に規定する振替国債等に係る特定債券現先取引につき支払を受ける同項に規定する支払を受ける利子について適用し、旧租税特別措置法第四十二条の二第三項に規定する特定外国法人が施行日前に開始した同項に規定する振替国債に係る特定債券現先取引につき支払を受ける同項に規定する支払を受ける利子については、なお従前の例による。
The provisions of Article 42-2, paragraph (5) of the New Act on Special Measures Concerning Taxation apply to the interest received prescribed in paragraph (5) of that Article that a specified foreign corporation prescribed in that paragraph that is the trustee of a qualified foreign securities investment trust prescribed in that paragraph receives with respect to a specified bond transaction with a repurchase/resale agreement involving book-entry government bonds, etc. prescribed in paragraph (3) of that Article that it commences on or after the Effective Date.
新租税特別措置法第四十二条の二第五項の規定は、同項に規定する適格外国証券投資信託の受託者である同項に規定する特定外国法人が施行日以後に開始する同条第三項に規定する振替国債等に係る特定債券現先取引につき支払を受ける同条第五項に規定する支払を受ける利子について適用する。