①Except as otherwise specially provided, the provisions of the New Act relating to fixed assets tax apply from fixed assets tax for fiscal year 1976, and the provisions then in force continue to govern fixed assets tax up to fiscal year 1975.

②The provisions of Article 349-3, paragraph (4) of the New Act apply, from fixed assets tax for fiscal year 1976, to machinery and facilities, etc. prescribed in that paragraph that were newly installed on or after January 2, 1975.

③The provisions of Article 349-3, paragraph (5) of the New Act apply, from fixed assets tax for fiscal year 1976, to machinery and other equipment prescribed in that paragraph that were newly installed on or after January 2, 1975.

④The provisions of Article 349-3, paragraph (4) of the Former Act (limited to the part relating to machinery and facilities, etc. other than machinery and equipment for joint use by persons engaged in agriculture, forestry or fisheries or by small and medium-sized enterprises) remain in force with respect to fixed assets tax imposed on machinery and facilities, etc. prescribed in that paragraph that were newly installed up to January 1, 1975. In this case, the phrase "Enterprise Rationalization Promotion Act" in that paragraph is deemed to be replaced with "Enterprise Rationalization Promotion Act prior to amendment by Article 24 of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 5 of 1976; hereinafter in this paragraph referred to as 'Act No. 5 of 1976')", the phrase "Act on Special Measures Concerning Taxation" with "Act on Special Measures Concerning Taxation prior to amendment by Act No. 5 of 1976", and the phrase "1/2" with "7/12 (1/2 for those to which the provisions of Article 5, paragraph (2) of the Enterprise Rationalization Promotion Act prior to amendment by Article 24 of the Supplementary Provisions of Act No. 5 of 1976 apply)".

⑤The provisions of Article 349-3, paragraph (7) of the New Act apply, from fixed assets tax for fiscal year 1976, to machinery and equipment prescribed in that paragraph that were newly installed on or after January 2, 1975.

⑥The provisions of Article 349-3, paragraph (5) of the Former Act remain in force with respect to fixed assets tax imposed on machinery and equipment prescribed in that paragraph that were newly installed up to January 1, 1975. In this case, the phrase "1/2" in that paragraph is deemed to be replaced with "7/12".

⑦The provisions of Article 349-3, paragraph (10) of the New Act apply, from fixed assets tax for fiscal year 1976, to aircraft prescribed in that paragraph on which fixed assets tax comes to be imposed in fiscal year 1976 or any later fiscal year.

⑧The provisions of Article 349-3, paragraph (8) of the Former Act remain in force with respect to fixed assets tax imposed on aircraft prescribed in that paragraph on which fixed assets tax came to be imposed in fiscal year 1975 or any earlier fiscal year. In this case, the phrase "aircraft to which the provisions of the preceding paragraph apply" in that paragraph is deemed to be replaced with "aircraft operating exclusively on international routes".

⑨The provisions of Article 349-3, paragraphs (10) and (12) of the Former Act remain in force with respect to fixed assets tax imposed on fixed assets prescribed in those provisions that were acquired up to January 1, 1975 (excluding fixed assets to which the provisions of Article 349-3, paragraph (11) or (12) of the Local Tax Act as amended by the provisions of Article 1 of the Act Partially Amending the Local Tax Act, etc. (Act No. 12 of 1979) apply). In this case, the phrase "1/3" in Article 349-3, paragraphs (10) and (12) of the Former Act is deemed to be replaced with "2/3", and the phrase "2/3" with "5/6".

⑩The provisions of Article 349-3, paragraph (21) of the New Act apply, from fixed assets tax for fiscal year 1976, to houses and depreciable assets prescribed in that paragraph that were constructed or installed on or after January 2, 1975.

⑪The provisions of Article 349-3, paragraph (20) of the Former Act remain in force with respect to fixed assets tax for fiscal year 1976 and fiscal year 1977 imposed on houses and depreciable assets prescribed in that paragraph that were constructed or installed up to January 1, 1975. In this case, the phrase "1/2" in that paragraph is deemed to be replaced with "7/12", and the phrase "2/3" with "3/4".

⑫The provisions of Article 15, paragraph (2) of the Supplementary Provisions of the New Act apply, from fixed assets tax for fiscal year 1976, to automatic train stop devices prescribed in that paragraph that were newly installed on or after January 2, 1975.

⑬The provisions of Article 15, paragraph (2) of the Supplementary Provisions of the Former Act remain in force with respect to fixed assets tax imposed on automatic train stop devices prescribed in that paragraph that were newly installed up to January 1, 1975. In this case, the phrase "1/2" in that paragraph is deemed to be replaced with "7/12".

⑭The provisions of Article 15, paragraph (5) of the Supplementary Provisions of the Former Act remain in force with respect to fixed assets tax imposed on depreciable assets prescribed in that paragraph that were newly installed up to January 1, 1975.

⑮The provisions of Article 15, paragraph (8) of the Supplementary Provisions of the New Act apply, from fixed assets tax for fiscal year 1976, to computers prescribed in that paragraph that were acquired on or after January 2, 1975.

⑯The provisions of Article 15, paragraph (9) of the Supplementary Provisions of the Former Act remain in force with respect to fixed assets tax imposed on computers prescribed in that paragraph that were acquired up to January 1, 1975. In this case, the phrase "2/3" in that paragraph is deemed to be replaced with "3/4 (5/6 for those computers specified by Order of the Ministry of Home Affairs)".

⑰The provisions of Article 15, paragraph (10) of the Supplementary Provisions of the New Act apply, from fixed assets tax for fiscal year 1976, to houses and depreciable assets prescribed in that paragraph that were acquired on or after January 2, 1975.

⑱The provisions of Article 15, paragraph (11) of the Supplementary Provisions of the Former Act remain in force with respect to fixed assets tax imposed on houses and depreciable assets prescribed in that paragraph that were acquired up to January 1, 1975. In this case, the phrase "1/2" in that paragraph is deemed to be replaced with "7/12".

⑲With regard to fixed assets tax for each fiscal year from fiscal year 1976 through fiscal year 1978 imposed on machinery and other equipment prescribed in Article 15, paragraph (12) of the Supplementary Provisions of the New Act, the phrase "1/6" in that paragraph is deemed to be replaced with "1/6 (1/12 for those machinery and other equipment newly installed up to January 1, 1975)".

⑳The provisions of Article 16, paragraph (2) of the Supplementary Provisions of the New Act (limited to the part relating to medium-to-high-rise fire-resistant buildings with five or more stories above ground) apply, from fixed assets tax for fiscal year 1976, to medium-to-high-rise fire-resistant buildings prescribed in that paragraph that were newly built on or after January 2, 1975.

（二十一）The provisions of Article 16, paragraph (2) of the Supplementary Provisions of the Former Act (limited to the part relating to medium-to-high-rise fire-resistant buildings with five or more stories above ground) remain in force with respect to fixed assets tax imposed on medium-to-high-rise fire-resistant buildings prescribed in that paragraph that were newly built up to January 1, 1975. In this case, the phrase "the provisions of the following paragraph" in that paragraph is deemed to be replaced with "the provisions of Article 16, paragraph (3) of the Supplementary Provisions of the Local Tax Act prior to amendment by the Act Partially Amending the Local Tax Act (Act No. 6 of 1977), which remains in force pursuant to the provisions of Article 10, paragraph (7) of the Supplementary Provisions of that Act".

Only for fixed assets tax for fiscal year 1976, with regard to fixed assets tax imposed on land to which the provisions of Article 18, paragraph (1) or Article 19, paragraph (1) of the Supplementary Provisions of the New Act apply, a mayor of a municipality may, for the amounts specified in the items of Article 28, paragraph (1) of the Supplementary Provisions of the New Act registered in the land tax ledgers, etc. pursuant to that paragraph and the comparison-based tax base amount under that paragraph, and the amounts specified in the items of paragraph (2) of that Article registered in the land tax ledgers, etc. pursuant to that paragraph, substitute notification of those amounts to the owner of that land for the inspection of the fixed assets tax ledger under the provisions of Article 415 of the New Act. In this case, with regard to the application of Article 417, paragraph (1) and Article 432, paragraph (1) of the New Act, as applied with terms replaced pursuant to Article 22, paragraph (1) of the Supplementary Provisions of the New Act, to the comparison-based tax base amount of that land under Article 28, paragraph (1) of the Supplementary Provisions of the New Act, the phrase "after the day on which the fixed assets tax ledger was made available for public inspection pursuant to the provisions of Article 415, paragraph (1), the fact that the price, etc. of the fixed assets (including the comparison-based tax base amount under Article 28, paragraph (1) of the Supplementary Provisions; hereinafter the same in this paragraph) has not been registered, or the registered price, etc." in Article 417, paragraph (1) of the New Act as applied with terms replaced pursuant to Article 22, paragraph (1) of the Supplementary Provisions of the New Act is deemed to be replaced with "after the day on which notification of the comparison-based tax base amount under Article 28, paragraph (1) of the Supplementary Provisions was given pursuant to the provisions of Article 8 of the Supplementary Provisions of the Act Partially Amending the Local Tax Act, etc. (Act No. 7 of 1976), the comparison-based tax base amount under that paragraph relating to that notification", the phrase "price or the comparison-based tax base amount under that paragraph" with "the comparison-based tax base amount under that paragraph", and the phrase "price, etc." with "the comparison-based tax base amount under that paragraph", and the phrase "during the period from the first day of the inspection period under Article 415, paragraph (1) (including the case under Article 419, paragraph (3)) until 10 days after the last day thereof, or Article 417, paragraph (1)" in Article 432, paragraph (1) of the New Act with "the day on which notification of the comparison-based tax base amount under Article 28, paragraph (1) of the Supplementary Provisions was received pursuant to the provisions of Article 8 of the Supplementary Provisions of the Act Partially Amending the Local Tax Act, etc., or Article 417, paragraph (1) as applied with terms replaced pursuant to the provisions of Article 8 of the Supplementary Provisions of that Act".

The provisions of the New Act relating to light motor vehicle tax apply from light motor vehicle tax for fiscal year 1976, and the provisions then in force continue to govern light motor vehicle tax up to fiscal year 1975.

The provisions of Article 489 of the New Act apply to electricity tax to be imposed on electricity used on or after June 1, 1976 (for electricity tax subject to special collection, that relating to charges to be collected on or after that date), and the provisions then in force continue to govern electricity tax imposed on electricity used before that date (for electricity tax subject to special collection, that relating to charges collected, or that should have been collected, before that date).