Supplementary Provisions, Article 5Transitional Measures Concerning Special Provisions on Taxation Where Deemed Corporate Taxation Has Been Elected
第五条（みなし法人課税を選択した場合の課税の特例に関する経過措置）
A resident prescribed in Article 25-2, paragraph (1) of the New Act may, with regard to income tax for 1973, at that resident's election, receive the application of the provisions of Article 25-2 of the New Act from a month in the middle of 1973 (limited to a month in or after July of that year; referred to as the "selected starting month" in this Article). In this case, the phrase "for that year" in paragraph (2), item (i) of that Article is deemed to be replaced with "in the period from the selected starting month prescribed in Article 5, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1973) to December 31, 1973 (referred to as the 'designated period' in item (i) of the following paragraph)", and the phrase "for that year" in paragraph (3), item (i), (a) and (b) of that Article is deemed to be replaced with "in the designated period".
新法第二十五条の二第一項に規定する居住者は、昭和四十八年分の所得税につき、その者の選択により、昭和四十八年の中途の月（同年七月以降の月に限る。以下この条において「選択開始月」という。）から新法第二十五条の二の規定の適用を受けることができる。この場合において、同条第二項第一号中「その年分の」とあるのは「租税特別措置法の一部を改正する法律（昭和四十八年法律第十六号）附則第五条第一項に規定する選択開始月から昭和四十八年十二月三十一日までの期間（次項第一号において「指定期間」という。）における」と、同条第三項第一号イ及びロ中「その年分の」とあるのは「指定期間における」とする。
A resident who seeks the application of the provisions of the preceding paragraph must submit, by the last day of the month preceding the selected starting month, a document equivalent to the document referred to in Article 25-2, paragraph (4) of the New Act to the district director having jurisdiction over the place for tax payment. In this case, that document is deemed to be the document referred to in that paragraph with regard to income tax for 1974 and subsequent years.
Details of the calculation of the amount of income tax for 1973 of a person who has made the election referred to in paragraph (1), and other necessary matters concerning the application of the provisions of that paragraph, are specified by Cabinet Order.