Supplementary Provisions, Article 12Transitional Provisions Concerning Tax Exemption for Income from Manufacture, etc. of New Important Products by Corporations
第十二条（法人の新規重要物産の製造等による所得の免税に関する経過規定）
The provisions of Article 58-4 of the Former Act remain in force with regard to the exemption from corporation tax under the provisions of paragraph (1) of that Article for a corporation that commenced the business of manufacturing or mining a new important product prescribed in that paragraph, or expanded the facilities therefor, within the period specified by Cabinet Order prescribed in that paragraph.
旧法第五十八条の四の規定は、同条第一項に規定する新規重要物産につき同項に規定する政令で定める期間内にその製造若しくは採掘の事業を開始し、又はその設備を増設した法人の同項の規定による法人税の免除については、なおその効力を有する。
With regard to the application of the provisions of Article 58 of the New Act to a corporation to which the provisions of Article 58-4, paragraph (1) of the Former Act, which remain in force pursuant to the provisions of the preceding paragraph, apply in a business year of the corporation ending on or after the Effective Date, the phrase "revenue within the designated period" in paragraph (1) of that Article is deemed to be replaced with "revenue within the designated period (excluding revenue relating to the application of the provisions of Article 58-4, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation, which remain in force pursuant to the provisions of Article 12, paragraph (1) of the Supplementary Provisions of that Act; the same applies hereinafter in this Article)".