This Act comes into effect on April 1, 1994; provided, however, that the provisions listed in the following items come into effect on the dates specified in those items:

①Except as provided in the following paragraph, the provisions of the Local Tax Act as amended by the provisions of Article 1 (hereinafter referred to as the "New Act") relating to individual prefectural inhabitant tax apply to individual prefectural inhabitant tax for fiscal years beginning with fiscal year 1994, and with regard to individual prefectural inhabitant tax for fiscal years up to and including fiscal year 1993, the provisions then in force continue to govern.

②The provisions of Article 24-5, paragraph (1) of the New Act apply to individual prefectural inhabitant tax for fiscal years beginning with fiscal year 1995, and with regard to individual prefectural inhabitant tax for fiscal years up to and including fiscal year 1994, the provisions then in force continue to govern.

③The provisions of Article 52, paragraph (1) of the New Act apply to corporate prefectural inhabitant tax for business years ending on or after April 1, 1994 (hereinafter referred to as the "Effective Date") or for the period under Article 53, paragraph (4) of the New Act, and with regard to corporate prefectural inhabitant tax for business years that ended before the Effective Date or for the period under that paragraph, the provisions then in force continue to govern.

④Notwithstanding the provisions of the preceding paragraph, 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 a return that a corporation obliged to submit a return relating to corporation tax pursuant to 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) is to submit by the deadline for filing that return pursuant to Article 53, paragraph (1) of the New Act) falls before the Effective Date, the provisions then in force continue to govern with regard to the prefectural inhabitant tax that the corporation paid, or should have paid, in relation to that return.

⑤The provisions of Article 53, paragraphs (15) through (18) and (20) of the New Act apply to the amount to be refunded relating to the implementation of a tax treaty prescribed in Article 53, paragraph (15) of the New Act that arises in connection with a reassessment under Article 55, paragraph (1) or (3) of the New Act made on or after the Effective Date (excluding a reassessment made on the basis of a request for reassessment made before the Effective Date).

The provisions of Article 72-23-4 of the New Act apply to the amount to be refunded relating to the implementation of a tax treaty prescribed in Article 72-23-4, paragraph (1) of the New Act that arises in connection with a reassessment under Article 72-39, paragraph (1) or (3) or Article 72-41, paragraph (1) or (3) of the New Act made on or after the Effective Date (excluding a reassessment made on the basis of a request for reassessment made before the Effective Date).

①Except as otherwise specially provided, the provisions of the New Act concerning real property acquisition tax apply to real property acquisition tax to be imposed on acquisitions of real property on or after the Effective Date, and for real property acquisition tax imposed on acquisitions of real property before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 11-5, paragraphs (1) and (2) of the Supplementary Provisions of the New Act apply to real property acquisition tax to be imposed on the acquisition of real property on or after January 1, 1994.

③The provisions of Article 11-5, paragraph (3) of the Supplementary Provisions of the New Act apply to real property acquisition tax to be imposed on the acquisition of real property or the acquisition of land prescribed in Article 73-14, paragraph (8), (10) or (13), or Article 73-27-2, paragraph (1) of the New Act, Article 11, paragraph (2) or (15) of the Supplementary Provisions of the New Act, or Article 11-4, paragraph (5) or (7) of the Supplementary Provisions of the New Act on or after January 1, 1994.

④The provisions of Article 11-4, paragraph (1) of the Supplementary Provisions of the Local Tax Act prior to amendment by the provisions of Article 1 (hereinafter referred to as the "Former Act") remain in force with regard to real property acquisition tax imposed on the acquisition of land prescribed in Article 11-4, paragraph (1) of the Supplementary Provisions of the Former Act (limited to acquisitions made before the Effective Date), in the case where farmland in an urbanization promotion area prescribed in that paragraph is transferred on or after the Effective Date and the price registered in the fixed assets tax ledger prescribed in Article 11-4, paragraph (1), item (i) of the Supplementary Provisions of the Former Act (or, where that price has not been registered, the price determined by the prefectural governor in accordance with the fixed asset valuation standards under Article 388, paragraph (1) of the New Act) includes the price of land valued as building land prescribed in Article 11-5, paragraph (1) of the Supplementary Provisions of the New Act. In this case, in Article 11-4, paragraph (1), item (i) of the Supplementary Provisions of the Former Act, "registered price" is deemed to be replaced with "registered price (the amount obtained by adding, to the amount equivalent to the price of the portion of that price other than the portion of land valued as building land prescribed in Article 11-5, paragraph (1) of the Supplementary Provisions, an amount equivalent to two-thirds of the price of the portion of land valued as building land (or one-half, where the transferred land was transferred between April 1, 1994 and December 31, 1994))", and "determined price" is deemed to be replaced with "determined price (the amount obtained by adding, to the amount equivalent to the price of the portion of that price other than the portion of land valued as building land prescribed in Article 11-5, paragraph (1) of the Supplementary Provisions, an amount equivalent to two-thirds of the price of the portion of land valued as building land (or one-half, where the transferred land was transferred between April 1, 1994 and December 31, 1994))".

⑤In the case where, between April 1, 1994 and March 31, 1996, real property prescribed in Article 16, paragraph (1) of the Act on Special Measures for the Ogasawara Islands Development (Act No. 79 of 1969) is transferred, and the price registered in the fixed assets tax ledger prescribed in that paragraph (or, where that price has not been registered, the price determined by the Governor of Tokyo in accordance with the fixed asset valuation standards under Article 388, paragraph (1) of the New Act) includes the price of land valued as building land prescribed in Article 11-5, paragraph (1) of the Supplementary Provisions of the New Act, with regard to the application of Article 16, paragraph (1) of the Act on Special Measures for the Ogasawara Islands Development, in that paragraph, "registered price" is deemed to be replaced with "registered price (the amount obtained by adding, to the amount equivalent to the price of the portion of that price other than the portion of land valued as building land prescribed in Article 11-5, paragraph (1) of the Supplementary Provisions of the Local Tax Act (Act No. 226 of 1950), an amount equivalent to two-thirds of the price of the portion of land valued as building land (or one-half, where the transferred real property was transferred between April 1, 1994 and December 31, 1994))", "the Local Tax Act (Act No. 226 of 1950)" is deemed to be replaced with "that Act", and "determined price" is deemed to be replaced with "determined price (the amount obtained by adding, to the amount equivalent to the price of the portion of that price other than the portion of land valued as building land prescribed in Article 11-5, paragraph (1) of the Supplementary Provisions of that Act, an amount equivalent to two-thirds of the price of the portion of land valued as building land (or one-half, where the transferred real property was transferred between April 1, 1994 and December 31, 1994))".

The provisions of Article 12-3 of the Supplementary Provisions of the New Act apply to automobile tax for fiscal years beginning with fiscal year 1994, and with regard to automobile tax for fiscal years up to and including fiscal year 1993, the provisions then in force continue to govern.