Supplementary Provisions, Article 16Transitional Measures Concerning Specified International Expositions

①The provisions of Article 40, paragraph (2) of the Supplementary Provisions of the New Act apply to corporate prefectural inhabitant tax or corporate municipal inhabitant tax for business years ending on or after the Effective Date or for the period under Article 53, paragraph (4) or Article 321-8, paragraph (4) of the New Act, and with regard to corporate prefectural inhabitant tax or corporate municipal inhabitant tax for business years that ended before the Effective Date or for those periods, the provisions then in force continue to govern.

②The provisions of Article 40, paragraph (3) of the Supplementary Provisions of the New Act apply to corporate enterprise tax for business years ending on or after the Effective Date and corporate enterprise tax on liquidation income due to dissolution or merger on or after the Effective Date, and with regard to corporate enterprise tax for business years that ended before the Effective Date and enterprise tax on liquidation income due to dissolution or merger before the Effective Date, the provisions then in force continue to govern.