①Except as provided in the following paragraph, the provisions of the New Act relating to individual municipal inhabitant tax apply to individual municipal inhabitant tax for fiscal years beginning with fiscal year 1994, and with regard to individual municipal inhabitant tax for fiscal years up to and including fiscal year 1993, the provisions then in force continue to govern.

②The provisions of Article 295, paragraph (1) of the New Act apply to individual municipal inhabitant tax for fiscal years beginning with fiscal year 1995, and with regard to individual municipal inhabitant tax for fiscal years up to and including fiscal year 1994, the provisions then in force continue to govern.

③The provisions of Article 312, paragraph (1) 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 (4) of the New Act, and with regard to corporate municipal 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 321-8, 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 (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 321-8, paragraph (1) of the New Act) falls before the Effective Date, the provisions then in force continue to govern with regard to the municipal inhabitant tax that the corporation paid, or should have paid, in relation to that return.

⑤The provisions of Article 321-8, paragraphs (11) through (15) of the New Act apply to the amount to be refunded relating to the implementation of a tax treaty prescribed in Article 321-8, paragraph (11) of the New Act that arises in connection with a reassessment under Article 321-11, 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 relating to fixed assets tax apply to fixed assets tax for fiscal years beginning with fiscal year 1994, and with regard to fixed assets tax for fiscal years up to and including fiscal year 1993, the provisions then in force continue to govern.

②The provisions of Article 349-3, paragraph (8) of the New Act apply to fixed assets tax for fiscal years beginning with fiscal year 1994 imposed on aircraft prescribed in that paragraph on which fixed assets tax comes to be imposed in a fiscal year beginning with fiscal year 1994, and with regard to fixed assets tax imposed on aircraft prescribed in Article 349-3, paragraph (8) of the Former Act on which fixed assets tax came to be imposed in fiscal year 1993 or an earlier fiscal year, the provisions then in force continue to govern.

③With regard to fixed assets tax imposed on fixed assets prescribed in Article 349-3, paragraph (24) of the Former Act that were acquired before January 2, 1993, the provisions then in force continue to govern.

④The provisions of Article 349-3, paragraph (34) of the New Act apply to fixed assets tax for fiscal years beginning with fiscal year 1994 imposed on track facilities prescribed in that paragraph that are laid on or after January 2, 1993, and with regard to fixed assets tax imposed on track facilities prescribed in Article 349-3, paragraph (34) of the Former Act that were laid on or before January 1, 1993, the provisions then in force continue to govern.

⑤With regard to fixed assets tax imposed on machinery and equipment prescribed in Article 15, paragraph (27) of the Supplementary Provisions of the Former Act that were acquired between April 1, 1991 and March 31, 1993, the provisions then in force continue to govern.

⑥With regard to fixed assets tax imposed on telecommunications circuit facilities prescribed in Article 15, paragraph (31) of the Supplementary Provisions of the Former Act that were newly installed between April 1, 1991 and March 31, 1993, the provisions then in force continue to govern.

⑦With regard to fixed assets tax imposed on machinery and other equipment prescribed in Article 15, paragraph (34) of the Supplementary Provisions of the Former Act that were acquired between April 1, 1992 and December 31, 1995, the provisions of that paragraph remain in force. In this case, with regard to the application of that paragraph to machinery and other equipment prescribed in that paragraph that were acquired between the Effective Date and December 31, 1995, in that paragraph, "from April 1, 1992 (for machinery and other equipment relating to trichloroethane, August 10, 1992) to March 31, 1994" is deemed to be replaced with "from April 1, 1994 to December 31, 1995", and "two-thirds of the amount" is deemed to be replaced with "three-fourths of the amount (for such machinery and other equipment to which Article 16-2, paragraph (10) of the Supplementary Provisions of the Local Tax Act as amended by the Act Partially Amending the Local Tax Act, etc. (Act No. 12 of 1996) applies, three-fourths of the amount that is to be the tax base pursuant to that paragraph)".

⑧With regard to fixed assets tax imposed on dwellings prescribed in Article 16, paragraph (6) of the Supplementary Provisions of the Former Act that were newly built between January 2, 1992 and January 1, 1994, the provisions then in force continue to govern.

For fixed assets tax for fiscal year 1994 only, with regard to fixed assets tax imposed on land to which Article 19, paragraph (1) of the Supplementary Provisions of the New Act applies, the mayor of the municipality may, with respect to the amounts determined in each item of Article 28, paragraph (1) of the Supplementary Provisions of the New Act and the comparison-based tax base amount under that paragraph, which have been registered in the land tax ledger, etc. pursuant to the provisions of that paragraph, and the amounts determined in each item of Article 28, paragraph (2) of the Supplementary Provisions of the New Act registered in the land tax ledger, etc. pursuant to the provisions of that paragraph, substitute notification of those amounts to the owner of the land for the inspection of the fixed assets tax ledger under 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, concerning the comparison-based tax base amount under Article 28, paragraph (1) of the Supplementary Provisions of the New Act for that land, 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, "that, on or after the day on which the fixed assets tax ledger was made available for inspection pursuant to the provisions of Article 415, paragraph (1), the price, etc. of the fixed asset (including the comparison-based tax base amount under Article 28, paragraph (1) of the Supplementary Provisions; the same applies hereinafter in this paragraph) has not been registered, or the registered price, etc." is deemed to be replaced with "on or 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 Article 8 of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Government Finance Act (Act No. 15 of 1994), the comparison-based tax base amount under that paragraph pertaining to that notification", "price or the comparison-based tax base amount under that paragraph" is deemed to be replaced with "the comparison-based tax base amount under that paragraph", and "the price, etc." is deemed to be replaced with "the comparison-based tax base amount under that paragraph", and in Article 432, paragraph (1) of the New Act, "during the period from the first day of the inspection period under Article 415, paragraph (1) (including the case under Article 419, paragraph (3)) to 10 days after the last day thereof, or Article 417, paragraph (1)" is deemed to be replaced 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 Article 8 of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Government Finance Act (Act No. 15 of 1994), or Article 417, paragraph (1) as applied with terms replaced pursuant to Article 8 of the Supplementary Provisions of that Act".