Supplementary Provisions, Article 11

With respect to an association or foundation that is not a corporation, that has a provision for a representative or administrator and that conducts a profit-making business, and a fishery production cooperative and a forestry cooperative that are not special corporations under Article 72-22, paragraph (4) of the New Act, the provisions of the New Act apply to enterprise tax for business years of those associations or foundations that are not corporations, or of those corporations, beginning on or after April 1, 1957, and to enterprise tax on liquidation income from dissolution or merger on or after that date, and with respect to enterprise tax for business years of those corporations that began before that date and enterprise tax on liquidation income from dissolution or merger before that date, the provisions then in force continue to govern.