Supplementary Provisions, Article 15

In the case where, for an individual who was subject to Article 72-17, paragraph (3) or (4) of the Former Act in calculating business income for individual enterprise tax for fiscal year 1961 or before and who still has an amount deductible from income under those provisions, Article 72-17, paragraph (3) or (4) of the New Act is applied in calculating business income for individual enterprise tax for fiscal year 1962 and after, the individual is deemed to have filed a return under Article 72-55 of the New Act in the year in which the loss arose and to have continuously filed that return for each year from the following year through 1961 or before.