①Except as otherwise provided, the provisions of the New Act relating to fixed assets tax apply to fixed assets tax for fiscal 2018 and subsequent fiscal years, and the provisions then in force continue to govern fixed assets tax for fiscal years through fiscal 2017.

②With regard to fixed assets tax imposed on facilities or equipment prescribed in Article 15, paragraph (2) of the Supplementary Provisions of the Former Act that are acquired during the period from April 1, 2016 through March 31, 2018, the provisions then in force continue to govern.

③With regard to fixed assets tax imposed on a rainwater storage and infiltration facility prescribed in Article 15, paragraph (8) of the Supplementary Provisions of the Former Act that is acquired during the period from April 1, 2012 through March 31, 2018, the provisions then in force continue to govern.

④With regard to fixed assets tax imposed on an agreed evacuation house prescribed in Article 15, paragraph (29) of the Supplementary Provisions of the Former Act (limited to the agreed evacuation area prescribed in that paragraph) pertaining to a management agreement prescribed in that paragraph that is concluded during the period from April 1, 2015 through March 31, 2018, the provisions then in force continue to govern.

⑤With regard to fixed assets tax imposed on a depreciable asset prescribed in Article 15, paragraph (30) of the Supplementary Provisions of the Former Act pertaining to a management agreement prescribed in that paragraph that is concluded during the period from April 1, 2015 through March 31, 2018, the provisions then in force continue to govern.

⑥With regard to fixed assets tax imposed on specified renewable energy power generation equipment prescribed in Article 15, paragraph (32) of the Supplementary Provisions of the Former Act that is newly acquired during the period from April 1, 2016 through March 31, 2018, the provisions then in force continue to govern.

⑦With regard to fixed assets tax imposed on a depreciable asset prescribed in Article 15, paragraph (40) of the Supplementary Provisions of the Former Act that is improved during the period from April 1, 2015 through March 31, 2018, the provisions then in force continue to govern.

⑧With regard to fixed assets tax imposed on rental housing prescribed in Article 15-8, paragraph (1) of the Supplementary Provisions of the Former Act that is newly constructed during the period from April 1, 2015 through March 31, 2018, the provisions then in force continue to govern.

⑨With regard to fixed assets tax imposed on former farmland prescribed in Article 15-8, paragraph (2) of the Supplementary Provisions of the Former Act, out of land used as the site of rental housing prescribed in that paragraph that is newly constructed during the period from April 1, 2015 through March 31, 2018, the provisions then in force continue to govern.

⑩The provisions of Article 19-2, Article 19-2-2, and Article 22, paragraphs (2) through (11) of the Supplementary Provisions of the New Act apply to fixed assets tax for fiscal 2019 and subsequent fiscal years, and the provisions then in force continue to govern fixed assets tax for fiscal years through fiscal 2018.

⑪With regard to fixed assets tax imposed on a house prescribed in Article 56-2, paragraph (1) of the Supplementary Provisions of the Former Act that is acquired during the period from May 2, 2011 through March 31, 2018, the provisions of that Article remain in force.

⑫With regard to the application of the provisions of the entry for Article 15, paragraphs (13), (19), (22), (23), (26), (42), (44), (45) and (48), Article 15-2, paragraph (2) and Article 15-3 in the table in Article 17-2, paragraph (5) of the Supplementary Provisions of the New Act, and the entry for Article 15, paragraphs (13), (19), (22), (23), (26), (42), (44), (45) and (48), Article 15-2, paragraph (2) and Article 15-3 in the table in paragraph (6) of that Article, during the period from the Effective Date through the day before the date of enforcement of the provisions set forth in Article 1, item (xiii) of the Supplementary Provisions, the phrase "(44), (45) and (48)" in those provisions is deemed to be replaced with "(44) and (45)".

With regard to fixed assets tax imposed on machinery and equipment, etc. prescribed in Article 15, paragraph (43) of the Supplementary Provisions of the Local Tax Act prior to amendment by the provisions of Article 2 (hereinafter referred to in this Article as "machinery and equipment, etc.") that small and medium-sized business operators, etc. prescribed in that paragraph (hereinafter referred to in this Article as "small and medium-sized business operators, etc.") acquired (meaning the acquisition prescribed in that paragraph; the same applies hereinafter in this Article) during the period from April 1, 2017 through March 31, 2019 (hereinafter referred to in this Article as the "application period") (including, where small and medium-sized business operators, etc. took delivery during the application period by a lease transaction of machinery and equipment, etc. that fall under the equipment for improving management capability, etc. prescribed in that paragraph and that were acquired within the application period by a person who conducts a business of delivering and allowing the use of machinery and equipment, etc. under a contract pertaining to a lease transaction prescribed in that paragraph (hereinafter referred to in this Article as a "lease transaction"), that machinery and equipment, etc.), the provisions then in force continue to govern.

①A municipality may, as provided by Municipal Ordinance, decline to apply the provisions of Article 18-3 (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2)) and Article 25-3 (including as applied mutatis mutandis pursuant to Article 27-4-2, paragraph (2)) of the Supplementary Provisions of the New Act with regard to fixed assets tax and city planning tax for each fiscal year from fiscal 2018 through fiscal 2020.

②In the case of the preceding paragraph, with regard to fixed assets tax for each fiscal year on building land, etc. set forth in Article 18, paragraph (6), items (i) through (iii) of the Supplementary Provisions of the New Act that fall under the building land, etc. set forth in the left-hand column of the table in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act as of the assessment date for each fiscal year from fiscal 2018 through fiscal 2020 (excluding building land, etc. to which the provisions of the following paragraph apply) and that fell under the building land, etc. set forth in the right-hand column of that table respectively as of the assessment date for the previous fiscal year of each such fiscal year (hereinafter referred to in this paragraph as "change-of-use building land, etc."), the provisions of Article 17 and Article 18 of the Supplementary Provisions of the New Act (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2) of the Supplementary Provisions of the New Act) apply by deeming that the change-of-use building land, etc. was respectively the building land, etc. set forth in the left-hand column of that table as of the assessment date for the previous fiscal year of each such fiscal year.

③In the case of paragraph (1), among building land, etc. set forth in Article 18, paragraph (6), item (ii) of the Supplementary Provisions of the New Act that fall under the building land, etc. set forth in the left-hand column of the table in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act as of the assessment date for fiscal 2018 (hereinafter referred to in this paragraph as "fiscal 2018 building land, etc."), building land, etc. set forth in Article 18, paragraph (6), item (iii) of the Supplementary Provisions of the New Act that fall under the building land, etc. set forth in the left-hand column of that table as of the assessment date for fiscal 2019 (hereinafter referred to in this paragraph as "fiscal 2019 building land, etc."), or building land, etc. set forth in Article 18, paragraph (6), item (iv) of the Supplementary Provisions of the New Act that fall under the building land, etc. set forth in the left-hand column of that table as of the assessment date for fiscal 2020 (hereinafter referred to in this paragraph as "fiscal 2020 building land, etc."), with regard to fixed assets tax for fiscal 2018 in the case of fiscal 2018 building land, etc., for fiscal 2019 in the case of fiscal 2019 building land, etc., and for fiscal 2020 in the case of fiscal 2020 building land, etc., pertaining to those the similar land of which (meaning the similar land prescribed in Article 17, item (vii) of the Supplementary Provisions of the New Act; the same applies hereinafter in this paragraph) fell under the building land, etc. set forth in the right-hand column of that table as of the assessment date for fiscal 2017 in the case of fiscal 2018 building land, etc., for fiscal 2018 in the case of fiscal 2019 building land, etc., and for fiscal 2019 in the case of fiscal 2020 building land, etc. (hereinafter referred to in this paragraph as the "assessment date for the previous fiscal year"), the provisions of Article 17 and Article 18 (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2) of the Supplementary Provisions of the New Act) of the Supplementary Provisions of the New Act apply by deeming that the similar land was, as of the assessment date for the previous fiscal year, respectively the building land, etc. set forth in the left-hand column of that table.

④In the case of paragraph (1), with regard to the application of the provisions of Article 17 and Article 18 (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2) of the Supplementary Provisions of the New Act) of the Supplementary Provisions of the New Act and the preceding two paragraphs to fixed assets tax for each fiscal year pertaining to building land, etc. that has two or more of the part that is small-scale residential land prescribed in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act (hereinafter referred to in this paragraph as the "part that is small-scale residential land"), the part that is general residential land prescribed in paragraph (1) of that Article (hereinafter referred to in this paragraph as the "part that is general residential land"), and the part that is non-residential building land, etc. prescribed in paragraph (1) of that Article (hereinafter referred to in this paragraph as the "part that is non-residential building land, etc.") as of the assessment date for each fiscal year from fiscal 2018 through fiscal 2020, the part that is small-scale residential land, the part that is general residential land, or the part that is non-residential building land, etc. is deemed to be a separate piece of building land, etc.

⑤The provisions of the preceding three paragraphs apply mutatis mutandis to city planning tax for each fiscal year from fiscal 2018 through fiscal 2020. In this case, the phrase "Article 18, paragraph (6), items (i) through (iii) of the Supplementary Provisions of the New Act" in paragraph (2) is deemed to be replaced with "Article 18, paragraph (6), items (i) through (iii) of the Supplementary Provisions of the New Act as replaced pursuant to Article 25, paragraph (6) or Article 27-4-2, paragraph (2) of the Supplementary Provisions of the New Act", the phrase "Article 18 of the Supplementary Provisions of the New Act (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2) of the Supplementary Provisions of the New Act)" with "Article 25 or Article 27-4-2 of the Supplementary Provisions of the New Act", in paragraph (3) the phrase "Article 18, paragraph (6), item (ii) of the Supplementary Provisions of the New Act" with "Article 18, paragraph (6), item (ii) of the Supplementary Provisions of the New Act as replaced pursuant to Article 25, paragraph (6) or Article 27-4-2, paragraph (2) of the Supplementary Provisions of the New Act", the phrase "Article 18, paragraph (6), item (iii) of the Supplementary Provisions of the New Act" with "Article 18, paragraph (6), item (iii) of the Supplementary Provisions of the New Act as replaced pursuant to Article 25, paragraph (6) or Article 27-4-2, paragraph (2) of the Supplementary Provisions of the New Act", the phrase "Article 18 (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2) of the Supplementary Provisions of the New Act)" with "Article 25 or Article 27-4-2", and in the preceding paragraph the phrase "and Article 18 (including as applied mutatis mutandis pursuant to Article 21-2, paragraph (2) of the Supplementary Provisions of the New Act)" with ", Article 25 and Article 27-4-2".