Supplementary Provisions, Article 28Transitional Measures Concerning Business Office Tax

①The provisions of Article 701-62, paragraphs (1) and (2) of the New Act apply to business office tax for which the deadline for filing the return prescribed in Article 701-58, paragraph (1) of the Local Tax Act falls on or after the Item 2 Effective Date, and the provisions then in force continue to govern business office tax for which that deadline for filing fell before the Item 2 Effective Date.

②The provisions of Article 33, paragraph (5) of the Supplementary Provisions of the New Act apply to business office tax to be imposed on the businesses of corporations for business years ending on or after the date of enforcement of the provisions set forth in Article 1, item (vii) of the Supplementary Provisions and on the businesses of individuals for calendar years 2024 and thereafter (excluding businesses of individuals discontinued before that date), and the provisions then in force continue to govern business office tax imposed on the businesses of corporations for business years that ended before that date, on the businesses of individuals for calendar years before 2024, and on the businesses of individuals for calendar year 2024 that were discontinued before that date.