Supplementary Provisions, Article 5Application of Provisions on Municipal Inhabitant Tax

①Except as otherwise provided, the provisions of the New Act relating to corporate municipal inhabitant tax apply from corporate municipal inhabitant tax for the business year that includes the Effective Date and corporate municipal inhabitant tax relating to corporation tax amounts on liquidation income arising from dissolution or merger on or after that date (including corporate municipal inhabitant tax relating to corporation tax amounts for business years in liquidation of corporations on which corporation tax on liquidation income is imposed and corporation tax amounts to be paid by reason of partial distribution of residual assets; the same applies hereinafter), and for corporate municipal inhabitant tax for each business year up to the business year immediately preceding the business year that includes that date and corporate municipal inhabitant tax relating to corporation tax amounts on liquidation income arising from dissolution or merger before that date, the provisions then in force continue to govern.

②Where the business year of a corporation that includes the Effective Date exceeds six months, and the due date for filing and payment under Article 321-8, paragraphs (1) and (3) (limited to the portion relating to Article 19 or 20 of the Corporation Tax Act (Act No. 28 of 1947)) of the Former Act relating to the corporate municipal inhabitant tax for that business year of the corporation is before that date, the provisions then in force continue to govern the corporate municipal inhabitant tax that the corporation filed and paid, or should have filed and paid, under those provisions.

③Where the business year of a corporation that includes the Effective Date exceeds six months, and the due date for filing and payment under Article 321-8, paragraph (1) of the New Act (limited to the portion relating to a corporation tax return to be submitted under Article 71, paragraph (1) of the Corporation Tax Act (Act No. 34 of 1965) (excluding one stating the matters set out in the items of Article 72, paragraph (1) of that Act)) relating to the corporate municipal inhabitant tax for that business year of the corporation is on or after that date, then in applying Article 314-6, paragraph (1) of the New Act to the municipal inhabitant tax of the corporation, the phrase "8.4/100" in that paragraph is deemed to be replaced with "8.1/100", and "10.1/100" with "9.7/100".

④The provisions of Article 295, paragraph (1), Article 314-2, paragraph (1) and Article 314-8, paragraph (3) of the New Act apply from individual municipal inhabitant tax for fiscal year 1965, and for individual municipal inhabitant tax up to fiscal year 1964, the provisions then in force continue to govern.