This Act comes into effect as of April 1, 1978; provided, however, that the provisions amending Article 489, paragraph (1) and Article 490-2, paragraph (2) come into effect on June 1 of the same year, and the provisions amending Article 114-3, paragraph (1) come into effect on October 1 of the same year.

①The provisions of Article 52, paragraphs (1) and (4) of the Local Tax Act after the amendment (hereinafter referred to as the "New Act") apply to corporate prefectural inhabitant tax for business years ending on or after April 1, 1978 (hereinafter referred to as the "Effective Date") or for the period under Article 53, paragraph (5) of the New Act, and the provisions then in force continue to govern corporate prefectural inhabitant tax for business years that ended before the Effective Date or for the period under that paragraph.

②In the case where the deadline for filing the return under Article 53, paragraph (1) of the New Act for a business year of a corporation ending on or after the Effective Date (limited to that relating to the return under Article 71, paragraph (1) of the Corporation Tax Act (Act No. 34 of 1965) (including the case where Article 72, paragraph (1) of that Act applies and the case where these provisions are applied mutatis mutandis pursuant to Article 145, paragraph (1) of that Act)) falls before the Effective Date, notwithstanding the provisions of the preceding paragraph, the provisions then in force continue to govern prefectural inhabitant tax that the corporation paid, or should have paid, as the prefectural inhabitant tax relating to that return.

①The provisions of Article 72-14, paragraph (1) of the New Act (limited to the part relating to Article 55 of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957)) apply to specified shares, etc. prescribed in Article 55, paragraph (1) of the Act on Special Measures Concerning Taxation that a corporation acquires on or after the Effective Date (including specified shares, etc. prescribed in Article 55, paragraph (1) of the Act on Special Measures Concerning Taxation prior to amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Fund for Smooth Management of National Tax Revenue (Act No. 11 of 1978; hereinafter referred to as "Act No. 11 of 1978") to which the provisions of Article 15, paragraph (2) of the Supplementary Provisions of Act No. 11 of 1978 apply (hereinafter in this paragraph referred to as "specified shares, etc. under the special measure")), and the provisions then in force continue to govern specified shares, etc. prescribed in Article 55, paragraph (1) of the Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date (excluding specified shares, etc. under the special measure).

②The provisions of Article 9, paragraph (1) of the Supplementary Provisions of the New Act apply to corporate enterprise tax on liquidation income arising from merger on or after the Effective Date, and the provisions then in force continue to govern corporate enterprise tax on liquidation income arising from merger before the Effective Date.

①Except as provided in paragraphs (2) through (4), the provisions of the New Act relating to real property acquisition tax apply to real property acquisition tax to be imposed on the acquisition of real property on or after the Effective Date, and the provisions then in force continue to govern real property acquisition tax imposed on the acquisition of real property before the Effective Date.

②In the case where the date specified by Cabinet Order as the date on which the contract referred to in Article 73-2, paragraph (12) of the New Act took effect (hereinafter in this paragraph and Article 10, paragraph (3) of the Supplementary Provisions referred to as the "contract effective date") falls before the Effective Date, if a person who is to acquire under that contract land that is a planned site for reserved land prescribed in Article 73-2, paragraph (12) of the New Act has, in accordance with an Order of the Ministry of Home Affairs, applied to the prefectural governor within six months after the Effective Date to the effect that the person wishes to be subject to the provisions of that paragraph, the provisions of that paragraph apply on the assumption that the contract effective date of that contract is the Effective Date.

③The provisions of Article 73-27-6 of the New Act apply to real property acquisition tax relating to the acquisition of land prescribed in paragraph (1) of that Article carried out on or after April 1, 1973, and the provisions of Article 11-3 of the Supplementary Provisions of the New Act apply to real property acquisition tax relating to the acquisition of land prescribed in that Article.

④The provisions of Article 12, paragraphs (1) through (3) of the Supplementary Provisions of the New Act apply to real property acquisition tax on farmland, pasture land and quasi-farmland prescribed in Article 12, paragraph (1) of the Supplementary Provisions of the New Act (hereinafter in this paragraph referred to as "farmland, etc.") that, on or after the Effective Date, is subject to the provisions of the main clause of Article 70-4, paragraph (1) of the Act on Special Measures Concerning Taxation, in the case where a right is created by loan for use prescribed in Article 70-4, paragraph (3) of the Act on Special Measures Concerning Taxation over that farmland, etc., and the provisions then in force continue to govern real property acquisition tax on farmland, etc. that, before the Effective Date, was subject to the provisions of the main clause of Article 70-4, paragraph (1) of the Act on Special Measures Concerning Taxation prior to amendment by Act No. 11 of 1978, in the case where a right was created by loan for use prescribed in item (i) of that paragraph over that farmland, etc.

The provisions of Article 114-3, paragraph (1) of the New Act apply to consumption tax on meals, drinks, etc. to be imposed on lodging at an inn and eating and drinking accompanying it on or after October 1, 1978, and the provisions then in force continue to govern consumption tax on meals, drinks, etc. to be imposed on lodging at an inn and eating and drinking accompanying it before that date.

①The provisions of Article 312, paragraphs (1), (2) and (5) of the New Act apply to corporate municipal inhabitant tax for business years ending on or after the Effective Date or for the period under Article 321-8, paragraph (5) of the New Act, and the provisions then in force continue to govern corporate municipal inhabitant tax for business years that ended before the Effective Date or for the period under that paragraph.

②In the case where the deadline for filing the return under Article 321-8, paragraph (1) of the New Act for a business year of a corporation ending on or after the Effective Date (limited to that relating to the return under Article 71, paragraph (1) of the Corporation Tax Act (including the case where Article 72, paragraph (1) of that Act applies and the case where these provisions are applied mutatis mutandis pursuant to Article 145, paragraph (1) of that Act)) falls before the Effective Date, notwithstanding the provisions of the preceding paragraph, the provisions then in force continue to govern municipal inhabitant tax that the corporation paid, or should have paid, as the municipal inhabitant tax relating to that return.

①Except as otherwise specially provided, the provisions of the New Act relating to fixed assets tax apply from fixed assets tax for fiscal year 1978, and the provisions then in force continue to govern fixed assets tax up to fiscal year 1977.

②The provisions of Article 349-3, paragraph (10) of the New Act apply from fixed assets tax to be imposed on aircraft prescribed in that paragraph on which fixed assets tax comes to be imposed in fiscal year 1978.

③The provisions of Article 349-3, paragraph (10) of the Local Tax Act prior to the amendment (hereinafter referred to as 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 1977. 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".

④The 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, 1977. In this case, the phrase "paragraph (14) or (18)" in that paragraph is deemed to be replaced with "paragraph (13) or (17)".

⑤The provisions of Article 15, paragraph (9) of the Supplementary Provisions of the Former Act (limited to the portion concerning fixed assets tax) remain in force with respect to fixed assets tax imposed on the fixed assets prescribed in that paragraph that are acquired during the period up to January 1, 1977.