①The provisions of Article 40-4 of the New Act on Special Measures Concerning Taxation apply to the amount of applicable income prescribed in paragraph (1) of that Article and the taxable amount prescribed in that paragraph pertaining to that amount of applicable income, the partially applicable amount prescribed in paragraph (8) of that Article and the partially taxable amount prescribed in that paragraph pertaining to that partially applicable amount, and the partially applicable amount for a financial subsidiary, etc. prescribed in paragraph (10) of that Article and the partially taxable amount for a financial subsidiary, etc. prescribed in that paragraph pertaining to that partially applicable amount for a financial subsidiary, etc., for a business year of a foreign affiliated company prescribed in paragraph (2), item (i) of that Article beginning on or after the Effective Date, and the provisions then in force continue to govern the amount of applicable income prescribed in Article 40-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation and the taxable amount prescribed in that paragraph pertaining to that amount of applicable income, the partially applicable amount prescribed in paragraph (6) of that Article and the partially taxable amount prescribed in that paragraph pertaining to that partially applicable amount, and the partially applicable amount for a financial subsidiary, etc. prescribed in paragraph (8) of that Article and the partially taxable amount for a financial subsidiary, etc. prescribed in that paragraph pertaining to that partially applicable amount for a financial subsidiary, etc., for a business year of a foreign affiliated company prescribed in paragraph (2), item (i) of that Article that began before the Effective Date.

②The provisions of Article 40-7 of the New Act on Special Measures Concerning Taxation apply to the amount of applicable income prescribed in paragraph (1) of that Article and the taxable amount prescribed in that paragraph pertaining to that amount of applicable income, the partially applicable amount prescribed in paragraph (8) of that Article and the partially taxable amount prescribed in that paragraph pertaining to that partially applicable amount, and the partially applicable amount for a financial affiliated corporation prescribed in paragraph (10) of that Article and the partially taxable amount for a financial affiliated corporation prescribed in that paragraph pertaining to that partially applicable amount for a financial affiliated corporation, for a business year of a foreign affiliated corporation prescribed in paragraph (1) of that Article beginning on or after the Effective Date, and the provisions then in force continue to govern the amount of applicable income prescribed in Article 40-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation and the taxable amount prescribed in that paragraph pertaining to that amount of applicable income, the partially applicable amount prescribed in paragraph (6) of that Article and the partially taxable amount prescribed in that paragraph pertaining to that partially applicable amount, and the partially applicable amount for a financial affiliated corporation prescribed in paragraph (8) of that Article and the partially taxable amount for a financial affiliated corporation prescribed in that paragraph pertaining to that partially applicable amount for a financial affiliated corporation, for a business year of a foreign affiliated corporation prescribed in paragraph (1) of that Article that began before the Effective Date.

The provisions of Articles 41 through 41-2-2 of the New Act on Special Measures Concerning Taxation apply in the case where an individual, on or after January 1, 2026, uses for the individual's own residence, as prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation, a residential house prescribed in that paragraph (including a special residential house prescribed in paragraph (16) of that Article that is deemed to be a residential house prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (16) of that Article), an existing house (including a special existing house prescribed in paragraph (17) of that Article that is deemed to be an existing house prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (17) of that Article, and a house requiring seismic retrofitting prescribed in paragraph (35) of that Article that is deemed to be an existing house prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (35) of that Article), a house that has undergone extension, reconstruction, etc. (including a house that has undergone special extension, reconstruction, etc. prescribed in paragraph (17) of that Article that is deemed to be a house that has undergone extension, reconstruction, etc. prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (17) of that Article, and limited to the part pertaining to that extension, reconstruction, etc. or that special extension, reconstruction, etc.), or a certified house, etc. prescribed in paragraph (6) of that Article (including a special certified house, etc. prescribed in paragraph (18) of that Article that is deemed to be a certified house, etc. prescribed in paragraph (6) of that Article pursuant to the provisions of paragraph (18) of that Article), and the provisions then in force continue to govern the case where an individual, before that date, used for the individual's own residence, as prescribed in Article 41, paragraph (1) of the Former Act on Special Measures Concerning Taxation, a residential house prescribed in that paragraph (including a special residential house prescribed in paragraph (20) of that Article that is deemed to be a residential house prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (20) of that Article), an existing house (including a house requiring seismic retrofitting prescribed in paragraph (35) of that Article that is deemed to be an existing house prescribed in paragraph (1) of that Article pursuant to the provisions of paragraph (35) of that Article), a house that has undergone extension, reconstruction, etc. (limited to the part pertaining to that extension, reconstruction, etc.), or a certified house, etc. prescribed in paragraph (10) of that Article (including a special certified house, etc. prescribed in paragraph (21) of that Article that is deemed to be a certified house, etc. prescribed in paragraph (10) of that Article pursuant to the provisions of paragraph (21) of that Article).

The provisions of Article 41-19-3, paragraphs (10) through (16) of the New Act on Special Measures Concerning Taxation apply in the case where a specified individual or individual prescribed in paragraph (1) of that Article, or a special eligible individual prescribed in paragraph (7) of that Article, carries out special eligible renovation work to make a home suitable for elderly persons, etc. prescribed in paragraph (10) of that Article, special eligible general insulation renovation work, etc. prescribed in paragraph (11) of that Article, special eligible multi-generational cohabitation renovation work, etc. prescribed in paragraph (12) of that Article, special eligible housing earthquake-resistance renovation or special eligible durability improvement renovation work, etc. prescribed in paragraph (13) of that Article, or special covered child-rearing renovation work, etc. prescribed in paragraph (16) of that Article on a house used for one's residence prescribed in paragraph (1) of that Article that is owned by that specified individual, individual or special eligible individual, and uses that house for the residence of that specified individual, individual or special eligible individual on or after January 1, 2026.

The provisions of Article 41-21 of the New Act on Special Measures Concerning Taxation apply to domestic source income prescribed in paragraph (1) of that Article pertaining to a nonresident referred to in that paragraph that the nonresident comes to have on or after the Effective Date, or domestic source income prescribed in that paragraph pertaining to a foreign corporation referred to in that paragraph that the foreign corporation is to receive on or after the Effective Date, and the provisions then in force continue to govern domestic source income prescribed in Article 41-21, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to a nonresident referred to in that paragraph that the nonresident came to have before the Effective Date, or domestic source income prescribed in that paragraph pertaining to a foreign corporation referred to in that paragraph that the foreign corporation is to receive before the Effective Date.

Unless otherwise provided, the provisions of Chapter III of the New Act on Special Measures Concerning Taxation apply to corporation tax for business years of a corporation (including an association or foundation without juridical personality prescribed in Article 2, paragraph (2), item (ii) of the Act on Special Measures Concerning Taxation; hereinafter the same applies up to Article 62 of the Supplementary Provisions) beginning on or after the Effective Date, and the provisions then in force continue to govern corporation tax for business years of a corporation that began before the Effective Date.

①The provisions of Article 42-4 of the New Act on Special Measures Concerning Taxation (excluding paragraph (7)) apply to corporation tax for business years of a corporation beginning on or after the Effective Date (excluding eligible business years prescribed in paragraph (8), item (ii) of that Article of a group tax sharing corporation referred to in item (iii) of that paragraph) and to corporation tax for eligible business years prescribed in Article 42-4, paragraph (8), item (ii) of the New Act on Special Measures Concerning Taxation of a group tax sharing corporation referred to in item (iii) of that paragraph that end at the end of a business year, beginning on or after the Effective Date, of the group tax sharing parent corporation prescribed in Article 2, paragraph (2), item (x)-4 of the Act on Special Measures Concerning Taxation (hereinafter referred to as the "group tax sharing parent corporation" up to Article 58 of the Supplementary Provisions) pertaining to that group tax sharing corporation, and the provisions then in force continue to govern corporation tax for business years of a corporation that began before the Effective Date (excluding eligible business years prescribed in paragraph (8), item (ii) of Article 42-4 of the Former Act on Special Measures Concerning Taxation of a group tax sharing corporation referred to in item (iii) of that paragraph) and corporation tax for eligible business years prescribed in item (ii) of that paragraph of a group tax sharing corporation referred to in Article 42-4, paragraph (8), item (iii) of the Former Act on Special Measures Concerning Taxation that end at the end of a business year, beginning before the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation.

②The provisions of Article 42-4, paragraph (7) of the New Act on Special Measures Concerning Taxation apply to the amount that could not be fully deducted prescribed in paragraph (19), item (x) of that Article that arises in a business year of a corporation beginning on or after the Effective Date (excluding an eligible business year prescribed in paragraph (8), item (ii) of that Article of a group tax sharing corporation referred to in item (iii) of that paragraph), and to the amount set forth in item (xiii), (a) of that paragraph that arises in an eligible business year prescribed in item (ii) of that paragraph of a group tax sharing corporation referred to in paragraph (8), item (iii) of that Article that ends at the end of a business year, beginning on or after the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation.

③The provisions then in force continue to govern the amount of special experimental research expenses prescribed in Article 42-4, paragraph (7) of the Former Act on Special Measures Concerning Taxation for a business year of a corporation that began before the Effective Date (excluding an eligible business year prescribed in paragraph (8), item (ii) of that Article as applied mutatis mutandis pursuant to paragraph (18) of that Article of a group tax sharing corporation referred to in paragraph (8), item (iii) of that Article as applied mutatis mutandis pursuant to paragraph (18) of that Article (hereinafter referred to as an "eligible business year" in this paragraph)), and the amount of special experimental research expenses prescribed in paragraph (7) of that Article for an eligible business year of a group tax sharing corporation referred to in paragraph (8), item (iii) of that Article as applied mutatis mutandis pursuant to paragraph (18) of that Article that ends at the end of a business year, beginning before the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation.

④With regard to the application of the provisions of Article 42-4, paragraph (8) (limited to the part concerning items (vi) and (vii)), paragraph (14) and paragraph (19) 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 "paragraph (2) of the following Article or Article 42-5, paragraph (3), item (ii)" in paragraph (8), item (vi), (b) and item (vii) and paragraph (14) of that Article is deemed to be replaced with "paragraph (2) of the following Article", and the phrase "through Article 42-5" in paragraph (19), item (ii), (a) of that Article with ", the following Article".

⑤The provisions of Article 42-4-2 of the New Act on Special Measures Concerning Taxation apply to corporation tax for business years of a corporation beginning on or after the Effective Date (excluding eligible business years prescribed in Article 42-4, paragraph (8), item (ii) of the New Act on Special Measures Concerning Taxation as applied mutatis mutandis pursuant to Article 42-4-2, paragraph (2) of the New Act on Special Measures Concerning Taxation of a group tax sharing corporation referred to in Article 42-4, paragraph (8), item (iii) of the New Act on Special Measures Concerning Taxation as applied mutatis mutandis pursuant to paragraph (2) of that Article (hereinafter referred to as "eligible business years" in this paragraph)) and to corporation tax for eligible business years of a group tax sharing corporation referred to in Article 42-4, paragraph (8), item (iii) of the New Act on Special Measures Concerning Taxation as applied mutatis mutandis pursuant to Article 42-4-2, paragraph (2) of the New Act on Special Measures Concerning Taxation that end at the end of a business year, beginning on or after the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation.

⑥With regard to the application of the provisions of Article 42-4-2, paragraph (2) 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 "paragraph (2) of the following Article or Article 42-5, paragraph (3), item (ii)" in the middle column of the row for paragraph (14) of the preceding Article in the table in that paragraph is deemed to be replaced with "(excluding the amount to be deducted from that amount of corporation tax before adjustment pursuant to the provisions of this paragraph as applied mutatis mutandis pursuant to paragraph (2) of the following Article) from", and the phrase "Article 42-5, paragraph (3), item (ii)" in the right-hand column of that row with "from".

The provisions of Article 42-10, paragraphs (1) and (2) of the New Act on Special Measures Concerning Taxation apply to specified machinery and equipment, etc. prescribed in paragraph (1) of that Article that a corporation acquires, manufactures or constructs on or after the Effective Date (excluding those stated as of March 31, 2019 in the business implementation plan prescribed in that paragraph pertaining to the confirmation specified by Order of the Ministry of Finance prescribed in item (i) of that paragraph obtained on or before that date (hereinafter referred to as "transitional specified machinery and equipment, etc." in this Article)), and the provisions then in force continue to govern specified machinery and equipment, etc. prescribed in Article 42-10, paragraph (1) of the Former Act on Special Measures Concerning Taxation (including transitional specified machinery and equipment, etc.) that a corporation acquired, manufactured or constructed before the Effective Date.

The provisions of Article 42-12 of the New Act on Special Measures Concerning Taxation apply to the specified buildings, etc. prescribed in paragraph (1) of that Article that are stated in the certified plan for developing specified business facilities in areas for improving regional vitality, etc. prescribed in those provisions pertaining to the certification and that are acquired, etc. (meaning acquisition, etc. prescribed in paragraph (1) of that Article) by a corporation that obtains, on or after the Effective Date, the certification prescribed in that paragraph or paragraph (2) of that Article for a plan for developing specified business facilities in areas for improving regional vitality, etc. prescribed in paragraph (1) of that Article, and the provisions then in force continue to govern the specified buildings, etc. prescribed in Article 42-11-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that are stated in the certified plan for developing specified business facilities in areas for improving regional vitality, etc. prescribed in those provisions pertaining to the certification and that are acquired or constructed by a corporation that obtained, before the Effective Date, the certification prescribed in that paragraph or paragraph (2) of that Article for a plan for developing specified business facilities in areas for improving regional vitality, etc. prescribed in paragraph (1) of that Article.