①Where a business operator prescribed in Article 72-88, paragraph (1) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 and the second sentence of Article 9-6, paragraph (1) of the Supplementary Provisions of the 2019 New Local Tax Act submits a return pursuant to the provisions of Article 72-88, paragraph (1) of the 2019 New Local Tax Act as so replaced for a taxable period ending on or after the Partial Effective Date, if the amount on which the calculation of the amount of consumption tax prescribed in that paragraph for that taxable period is based includes the amount of consumption tax pertaining to the taxable transfer, etc. of assets subject to transitional measures prescribed in Article 4, paragraph (2) of the Supplementary Provisions, the taxable transfer, etc. of assets subject to the 2019 transitional measures prescribed in paragraph (2) of the preceding Article, the taxable purchase, etc. subject to transitional measures prescribed in Article 4, paragraph (3) of the Supplementary Provisions, or the taxable purchase, etc. subject to the 2019 transitional measures prescribed in paragraph (3) of the preceding Article, and the amount set forth in item (ii) does not exceed the amount set forth in item (i), then, for the application of the provisions of Article 72-88, paragraph (1) of the 2019 New Local Tax Act as so replaced to that business operator, the phrase "that amount of consumption tax, the amount of the transfer levy calculated with it as the tax base" in that paragraph is deemed to be replaced with "the remainder obtained by deducting the amount set forth in Article 11, paragraph (1), item (ii), (a) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Allocation Tax Act to Carry Out a Drastic Reform of the Tax System for Securing Stable Financial Resources for Social Security, etc. (Act No. 69 of 2012) from the amount set forth in item (i), (a) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the remainder obtained by deducting the amount set forth in item (ii), (b) of that paragraph from the amount set forth in item (i), (b) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), and the remainder obtained by deducting the amount set forth in item (ii), (c) of that paragraph from the amount set forth in item (i), (c) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the transfer levy amount obtained by deducting the amount set forth in item (ii) of that paragraph from the amount set forth in item (i) of that paragraph".

②Where a business operator prescribed in Article 72-88, paragraph (1) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 and the second sentence of Article 9-6, paragraph (1) of the Supplementary Provisions of the 2019 New Local Tax Act submits a return pursuant to the provisions of Article 45, paragraph (1) of the Consumption Tax Act for a taxable period ending on or after the Partial Effective Date, if the amount on which the calculation of the amount of consumption tax prescribed in Article 45, paragraph (1), item (iv) of the Consumption Tax Act for that taxable period is based includes the amount of consumption tax pertaining to the taxable transfer, etc. of assets subject to transitional measures prescribed in Article 4, paragraph (2) of the Supplementary Provisions, the taxable transfer, etc. of assets subject to the 2019 transitional measures prescribed in paragraph (2) of the preceding Article, the taxable purchase, etc. subject to transitional measures prescribed in Article 4, paragraph (3) of the Supplementary Provisions, or the taxable purchase, etc. subject to the 2019 transitional measures prescribed in paragraph (3) of the preceding Article, and the amount set forth in item (ii) of the preceding paragraph exceeds the amount set forth in item (i) of that paragraph, the provisions of Article 72-88, paragraph (2) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 of the Supplementary Provisions of the 2019 New Local Tax Act apply, deeming that business operator to be a business operator prescribed in Article 72-88, paragraph (2) of the 2019 New Local Tax Act as so replaced. In this case, the phrase "the shortfall referred to in that paragraph, the amount obtained by multiplying that shortfall by 22/78" in that paragraph is deemed to be replaced with "the remainder obtained by deducting the amount set forth in Article 11, paragraph (1), item (ii), (a) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Allocation Tax Act to Carry Out a Drastic Reform of the Tax System for Securing Stable Financial Resources for Social Security, etc. (Act No. 69 of 2012) from the amount set forth in item (i), (a) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the remainder obtained by deducting the amount set forth in item (ii), (b) of that paragraph from the amount set forth in item (i), (b) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), and the remainder obtained by deducting the amount set forth in item (ii), (c) of that paragraph from the amount set forth in item (i), (c) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the amount that could not be fully deducted when deducting the amount set forth in item (ii) of that paragraph from the amount set forth in item (i) of that paragraph".

③Where a business operator prescribed in Article 72-88, paragraph (2) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 of the Supplementary Provisions of the 2019 New Local Tax Act (limited to a person who is obligated to submit a return for consumption tax pursuant to the provisions of Article 45, paragraph (1) of the Consumption Tax Act) submits a return pursuant to the provisions of Article 72-88, paragraph (2) of the 2019 New Local Tax Act as so replaced for a taxable period ending on or after the Partial Effective Date, if the amount on which the calculation of the shortfall prescribed in that paragraph for that taxable period is based includes the amount of consumption tax pertaining to the taxable transfer, etc. of assets subject to transitional measures prescribed in Article 4, paragraph (2) of the Supplementary Provisions, the taxable transfer, etc. of assets subject to the 2019 transitional measures prescribed in paragraph (2) of the preceding Article, the taxable purchase, etc. subject to transitional measures prescribed in Article 4, paragraph (3) of the Supplementary Provisions, or the taxable purchase, etc. subject to the 2019 transitional measures prescribed in paragraph (3) of the preceding Article, and the amount set forth in paragraph (1), item (ii) exceeds the amount set forth in item (i) of that paragraph, then, for the application of the provisions of Article 72-88, paragraph (2) of the 2019 New Local Tax Act as so replaced to that business operator, the phrase "the shortfall referred to in that paragraph, the amount obtained by multiplying that shortfall by 22/78" in that paragraph is deemed to be replaced with "the remainder obtained by deducting the amount set forth in Article 11, paragraph (1), item (ii), (a) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Allocation Tax Act to Carry Out a Drastic Reform of the Tax System for Securing Stable Financial Resources for Social Security, etc. (Act No. 69 of 2012) from the amount set forth in item (i), (a) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the remainder obtained by deducting the amount set forth in item (ii), (b) of that paragraph from the amount set forth in item (i), (b) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), and the remainder obtained by deducting the amount set forth in item (ii), (c) of that paragraph from the amount set forth in item (i), (c) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the amount that could not be fully deducted when deducting the amount set forth in item (ii) of that paragraph from the amount set forth in item (i) of that paragraph".

④Where a business operator prescribed in Article 72-88, paragraph (2) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 of the Supplementary Provisions of the 2019 New Local Tax Act (limited to a person who is obligated to submit a return for consumption tax pursuant to the provisions of Article 45, paragraph (1) of the Consumption Tax Act) submits a return pursuant to the provisions of Article 45, paragraph (1) of the Consumption Tax Act for a taxable period ending on or after the Partial Effective Date, if the amount on which the calculation of the shortfall prescribed in Article 45, paragraph (1), item (v) of the Consumption Tax Act for that taxable period is based includes the amount of consumption tax pertaining to the taxable transfer, etc. of assets subject to transitional measures prescribed in Article 4, paragraph (2) of the Supplementary Provisions, the taxable transfer, etc. of assets subject to the 2019 transitional measures prescribed in paragraph (2) of the preceding Article, the taxable purchase, etc. subject to transitional measures prescribed in Article 4, paragraph (3) of the Supplementary Provisions, or the taxable purchase, etc. subject to the 2019 transitional measures prescribed in paragraph (3) of the preceding Article, and the amount set forth in paragraph (1), item (ii) does not exceed the amount set forth in item (i) of that paragraph, the provisions of Article 72-88, paragraph (1) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 and the second sentence of Article 9-6, paragraph (1) of the Supplementary Provisions of the 2019 New Local Tax Act apply, deeming that business operator to be a business operator prescribed in Article 72-88, paragraph (1) of the 2019 New Local Tax Act as so replaced. In this case, the phrase "that amount of consumption tax, the amount of the transfer levy calculated with it as the tax base" in that paragraph is deemed to be replaced with "the remainder obtained by deducting the amount set forth in Article 11, paragraph (1), item (ii), (a) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Allocation Tax Act to Carry Out a Drastic Reform of the Tax System for Securing Stable Financial Resources for Social Security, etc. (Act No. 69 of 2012) from the amount set forth in item (i), (a) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the remainder obtained by deducting the amount set forth in item (ii), (b) of that paragraph from the amount set forth in item (i), (b) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), and the remainder obtained by deducting the amount set forth in item (ii), (c) of that paragraph from the amount set forth in item (i), (c) of that paragraph (or, where there is an amount that could not be fully deducted, that amount that could not be fully deducted), the transfer levy amount obtained by deducting the amount set forth in item (ii) of that paragraph from the amount set forth in item (i) of that paragraph".

⑤Where a business operator prescribed in Article 72-88, paragraph (2) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 of the Supplementary Provisions of the 2019 New Local Tax Act (limited to a person who intends to submit a return for consumption tax pursuant to the provisions of Article 46, paragraph (1) of the Consumption Tax Act) submits a return pursuant to the provisions of Article 72-88, paragraph (2) of the 2019 New Local Tax Act as so replaced for a taxable period ending on or after the Partial Effective Date, if the amount on which the calculation of the shortfall prescribed in that paragraph for that taxable period is based includes the amount of consumption tax pertaining to the taxable purchase, etc. subject to transitional measures prescribed in Article 4, paragraph (3) of the Supplementary Provisions or the taxable purchase, etc. subject to the 2019 transitional measures prescribed in paragraph (3) of the preceding Article, then, for the application of the provisions of Article 72-88, paragraph (2) of the 2019 New Local Tax Act as so replaced to that business operator, the phrase "the shortfall referred to in that paragraph, the amount obtained by multiplying that shortfall by 22/78" in that paragraph is deemed to be replaced with "the amount set forth in Article 11, paragraph (1), item (ii), (a) of the Supplementary Provisions of the Act Partially Amending the Local Tax Act and the Local Allocation Tax Act to Carry Out a Drastic Reform of the Tax System for Securing Stable Financial Resources for Social Security, etc. (Act No. 69 of 2012), the amount set forth in (b) of that item and the amount set forth in (c) of that item, the amount set forth in that item".

⑥In the case referred to in paragraph (1) or (2), where a business operator prescribed in Article 72-88, paragraph (1) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 and the second sentence of Article 9-6, paragraph (1) of the Supplementary Provisions of the 2019 New Local Tax Act is subject to the application of the provisions of Article 39, paragraph (1) of the Supplementary Provisions of the 2016 Income Tax Act, etc. Amendment Act with regard to the computation of tax on taxable purchases, etc. for the applicable period, the provisions of Article 72-88, paragraph (1) of the 2019 New Local Tax Act as so replaced apply to that business operator, notwithstanding the provisions of paragraph (1) or (2).

⑦In the cases referred to in paragraphs (3) through (5), where a business operator prescribed in Article 72-88, paragraph (2) of the 2019 New Local Tax Act as replaced pursuant to the provisions of the second sentence of Article 9-5 of the Supplementary Provisions of the 2019 New Local Tax Act is subject to the application of the provisions of Article 39, paragraph (1) of the Supplementary Provisions of the 2016 Income Tax Act, etc. Amendment Act with regard to the computation of tax on taxable purchases, etc. for the applicable period, the provisions of Article 72-88, paragraph (2) of the 2019 New Local Tax Act as so replaced apply to that business operator, notwithstanding the provisions of paragraphs (3) through (5).

⑧In addition to what is provided for in the preceding paragraphs, the technical replacement of terms necessary for the application of the provisions of Chapter II, Section 3 and Articles 9-4 through 9-16 of the Supplementary Provisions of the 2019 New Local Tax Act in the case where those provisions apply, and other necessary matters, are specified by Cabinet Order.