①The provisions of Article 56, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning the specified insurance policy prescribed in that paragraph) apply to shares, etc. prescribed in that paragraph for which a corporation makes the acquisition prescribed in that paragraph on or after the Effective Date, and the provisions then in force continue to govern shares, etc. prescribed in Article 56, paragraph (1) of the Former Act on Special Measures Concerning Taxation for which a corporation made the acquisition prescribed in that paragraph before the Effective Date.

②The provisions of Article 56 of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (ii) of the table in paragraph (1)) apply to shares, etc. prescribed in that paragraph for which a corporation makes the acquisition prescribed in that paragraph on or after the date specified in Article 1, item (xiii) of the Supplementary Provisions.

③The provisions of Article 56, paragraph (3) of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (vii)) apply to a specified insurance policy prescribed in paragraph (1) of that Article that a corporation concludes on or after the Effective Date.

④With regard to the application of the provisions of Article 56, paragraphs (1) and (3) of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date specified in Article 1, item (xiii) of the Supplementary Provisions, the phrase "a corporation that files a blue return and that falls under the corporation listed in the first column of an item of the following table" in paragraph (1) of that Article is deemed to be replaced with "a small and medium sized enterprise prescribed in Article 42-4, paragraph (19), item (vii) (excluding one that falls under an excluded business operator prescribed in item (viii) of that paragraph or a group tax sharing excluded business operator prescribed in item (viii)-2 of that paragraph) that files a blue return and that has obtained, during the period from the effective date of the Act Partially Amending the Act on Strengthening Industrial Competitiveness, etc., and Other Matters (Act No. 70 of 2021) to March 31, 2027, the certification referred to in Article 17, paragraph (1) of the Act on Strengthening the Management of Small and Medium-Sized Enterprises, etc. for a management capacity improvement plan prescribed in that paragraph (limited to one that contains the matters listed in paragraph (4), item (ii) of that Article; hereinafter referred to as a 'management capacity improvement plan' in this paragraph)", and the phrase "a measure listed in the second column of an item of the table in" in paragraph (3), item (vii) of that Article with "business succession, etc. prescribed in".

①The provisions of Article 61, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to corporation tax for each business year of a domestic corporation prescribed in Article 2, paragraph (2), item (i)-2 of the Act on Special Measures Concerning Taxation that receives the designation referred to in that paragraph on or after the Effective Date (excluding one that, before the Effective Date, submitted to the Minister in charge of National Strategic Special Zones prescribed in Article 7, paragraph (1), item (i) of the National Strategic Special Zones Act (Act No. 107 of 2013) a plan specified by Order of the Ministry of Finance as a plan concerning the implementation of a specified business prescribed in Article 27-3 of that Act that is set forth in the certified zone plan referred to in that Article pertaining to the designation referred to in Article 61, paragraph (1) of the New Act on Special Measures Concerning Taxation (hereinafter referred to as a "transitional domestic corporation" in this Article)), and the provisions then in force continue to govern corporation tax for each business year of a domestic corporation prescribed in Article 2, paragraph (2), item (i)-2 of the Act on Special Measures Concerning Taxation that received the designation referred to in Article 61, paragraph (1) of the Former Act on Special Measures Concerning Taxation before the Effective Date (including a transitional domestic corporation).

②The provisions of Article 61, paragraph (5) of the New Act on Special Measures Concerning Taxation apply to an amount included in deductible expenses pursuant to the provisions of paragraph (1) of that Article in a business year of application prescribed in Article 61, paragraph (5) of the New Act on Special Measures Concerning Taxation of a domestic corporation prescribed in Article 2, paragraph (2), item (i)-2 of the Act on Special Measures Concerning Taxation (excluding a transitional domestic corporation) that receives the designation referred to in Article 61, paragraph (1) of the New Act on Special Measures Concerning Taxation on or after the Effective Date, and the provisions then in force continue to govern an amount included in deductible expenses, in a business year of application prescribed in Article 61, paragraph (5) of the Former Act on Special Measures Concerning Taxation of a domestic corporation prescribed in that item (including a transitional domestic corporation) that received the designation referred to in paragraph (1) of that Article before the Effective Date, pursuant to the provisions of paragraph (1) of that Article.

The provisions of Article 65-3, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part pertaining to item (iii)) apply in the case where land, etc. prescribed in that paragraph held by a corporation is purchased on or after the date specified in Article 1, item (x) of the Supplementary Provisions, and the provisions then in force continue to govern the case where land, etc. prescribed in Article 65-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation held by a corporation was purchased before that date.

The provisions of Article 66-10, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to assets for experimental research prescribed in that paragraph that a research and development partnership prescribed in that paragraph acquires or manufactures on or after the Effective Date, and the provisions then in force continue to govern assets for experimental research prescribed in Article 66-10, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a research and development partnership prescribed in that paragraph acquired or manufactured before the Effective Date.

The provisions of Article 66-11, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to the premiums prescribed in that paragraph that a corporation which, after the cancellation on or after October 1, 2024 of a mutual aid contract prescribed in that paragraph that it had concluded, has concluded a mutual aid contract prescribed in that paragraph pays for that mutual aid contract.

①The provisions of Article 70, paragraphs (3) and (4) of the New Act on Special Measures Concerning Taxation apply to inheritance tax on property expended on or after the date specified in Article 1, item (ix) of the Supplementary Provisions.

②In the case where a person who has acquired property by inheritance or bequest (including a gift that takes effect upon the death of the donor) has expended money belonging to that property in order to make it trust property of a specified charitable trust prescribed in Article 70, paragraph (3) of the Former Act on Special Measures Concerning Taxation (excluding one that has received transition authorization), the provisions of that paragraph and paragraph (4) of that Article remain in force. In this case, the phrase "a charitable trust prescribed in Article 1 of the Act on Charitable Trust (Act No. 62 of 1922) for which it has been certified, as provided by Cabinet Order, that the trust property at the time of the termination of the trust does not vest in the settlor of the trust relating to that trust property and that the trust satisfies the requirements specified by Cabinet Order with regard to the implementation of its trust affairs" in paragraph (3) of that Article is deemed to be replaced with "a specified charitable trust prescribed in Article 54, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2024)".

③Where the specified charitable trust referred to in the preceding paragraph that has accepted money to which the provisions of Article 70, paragraph (3) of the Former Act on Special Measures Concerning Taxation, which remain in force pursuant to the provisions of the preceding paragraph, have been applied has received transition authorization, on and after the date of that transition authorization, the provisions of paragraph (4) of that Article apply by deeming that money to be property to which the provisions of Article 70, paragraph (3) of the New Act on Special Measures Concerning Taxation have been applied.

④The provisions of Article 70-2 of the New Act on Special Measures Concerning Taxation apply to gift tax on funds for housing acquisition, etc. (meaning funds for housing acquisition, etc. prescribed in Article 70-2, paragraph (2), item (v) of the Act on Special Measures Concerning Taxation; hereinafter the same applies in this Article) that a specified donee (meaning a specified donee prescribed in Article 70-2, paragraph (2), item (i) of the Act on Special Measures Concerning Taxation; hereinafter the same applies in this paragraph and the following paragraph) acquires by gift (excluding a gift that takes effect upon the death of the donor; hereinafter the same applies) on or after January 1, 2024, and the provisions then in force continue to govern gift tax on funds for housing acquisition, etc. that a specified donee acquired by gift before that date.

⑤Where a specified donee, using funds for housing acquisition, etc. that the specified donee acquires by gift on or after January 1, 2024, newly constructs a dwelling house (meaning a dwelling house prescribed in Article 70-2, paragraph (2), item (ii) of the Act on Special Measures Concerning Taxation; hereinafter the same applies in this paragraph) or acquires a dwelling house that has not been used since its construction, if those dwelling houses fall under a house for residential use specified by Cabinet Order as contributing significantly to the rational use of energy prescribed in Article 70-2, paragraph (2), item (vi), (a) of the Former Act on Special Measures Concerning Taxation and satisfy any of the following requirements, the provisions of that Article apply by deeming those dwelling houses to be houses for residential use that satisfy the requirements listed in Article 70-2, paragraph (2), item (vi), (a), 1. of the New Act on Special Measures Concerning Taxation:

⑥The provisions of Article 70-2 of the New Act on Special Measures Concerning Taxation do not apply to funds for housing acquisition, etc. that any of the following persons acquires by gift on or after January 1, 2024:

①The provisions then in force continue to govern registration and license tax on registrations of the matters listed in the items of Article 80, paragraph (3) of the Former Act on Special Measures Concerning Taxation pertaining to a certification prescribed in that paragraph that was made before the Effective Date.

②The provisions then in force continue to govern registration and license tax on registrations of the matters listed in the items of Article 80, paragraph (4) of the Former Act on Special Measures Concerning Taxation pertaining to a certification prescribed in that paragraph that was made before the Effective Date.

③The provisions then in force continue to govern registration and license tax on registrations of transfer of ownership of the real property referred to in Article 81, paragraph (1) of the Former Act on Special Measures Concerning Taxation, or registrations of preservation of ownership of the buildings referred to in paragraph (2) of that Article, pertaining to the certification referred to in paragraph (1) of that Article received before the Effective Date by a certified specified private-sector business operator for improving the economic vitality of central urban districts prescribed in that paragraph.

With regard to the application of penal provisions to acts committed before this Act (or, for the provisions set forth in the items of Article 1 of the Supplementary Provisions, those provisions; hereinafter the same applies in this Article) comes into effect, and to acts committed after this Act comes into effect in the cases where the provisions then in force continue to govern pursuant to the provisions of these Supplementary Provisions and in the cases where provisions remain in force pursuant to the provisions of these Supplementary Provisions, the provisions then in force continue to govern.

Beyond what is provided for in these Supplementary Provisions, transitional measures necessary in connection with the enforcement of this Act are specified by Cabinet Order.