This Act comes into effect on April 1, 1980; provided, however, that the provisions set forth in the following items come into effect on the dates specified respectively in those items:

The provisions of Chapter II of the Act on Special Measures Concerning Taxation as amended (hereinafter referred to as the "New Act") apply to income tax for 1980 and subsequent years, except as otherwise provided, and with regard to income tax for 1979 and prior years, the provisions then in force continue to govern.

With regard to interest income prescribed in Article 3, paragraph (1) or Article 3-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment (hereinafter referred to as the "Former Act") which is to be paid by March 31, 1980, the provisions then in force continue to govern.

①The provisions of Article 4-2 of the New Act apply to asset-building savings prescribed in paragraph (1) of that Article for which a deposit, trust, purchase or payment (hereinafter referred to as "placement" in this Article) is made on or after the Effective Date of this Act (hereinafter referred to as the "Effective Date"), and with regard to asset-building savings prescribed in Article 4-2, paragraph (1) of the Former Act for which placement was made before the Effective Date, the provisions then in force continue to govern.

②Where a worker prescribed in Article 4-2, paragraph (1) of the Former Act holds asset-building savings prescribed in that paragraph for which the worker made placement before the Effective Date and which satisfy the requirements prescribed in that Article at the time the New Act comes into effect, the provisions of Article 4-2 of the New Act apply to those asset-building savings, deeming that the worker made placement on the Effective Date in accordance with the requirements of that Article.

With regard to dividend income prescribed in Article 8-2, paragraph (1), Article 8-3, paragraph (1) and Article 8-4, paragraph (1) of the Former Act which is to be paid by March 31, 1980, the provisions then in force continue to govern.

①With regard to the amount deemed to be the amount of distribution of surplus prescribed in Article 9 of the Former Act which a resident or a domestic corporation receives as a result of the merger of a forestry cooperative referred to in Article 9 of the Former Act that sought, before the Effective Date, the certification referred to in Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives (Act No. 56 of 1963) pursuant to the provisions of Article 2 of that Act and received that certification, the provisions then in force continue to govern.

②With regard to the amount, out of the total of the amount of money and the value of assets other than money which a resident or a domestic corporation receives as a result of the merger of a forestry cooperative filing a blue return that is specified by Cabinet Order and that sought, during the period from the Effective Date to March 31, 1983, the certification referred to in Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives pursuant to the provisions of Article 2 of that Act and received that certification, which is deemed to be the amount of distribution of surplus pursuant to the provisions of Article 25, paragraph (1), item (iv) of the Income Tax Act (Act No. 33 of 1965), the provisions of Article 9 of the Former Act remain in force. In this case, the phrase "a forestry cooperative (excluding one in liquidation) that" in that Article is deemed to be replaced with "a forestry cooperative (excluding one in liquidation) that is specified by Cabinet Order referred to in Article 6, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 9 of 1980; hereinafter referred to as the "1980 Amendment Act") and that", and the phrase "of Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives (Act No. 56 of 1963)" is deemed to be replaced with "of Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives (Act No. 56 of 1963), which it sought pursuant to the provisions of Article 2 of that Act, and the".

①The provisions of items (i) through (vii) of the table in Article 11, paragraph (1) of the New Act apply to depreciable assets listed in those provisions of which an individual makes an acquisition, etc. (meaning acquisition, manufacture or construction; the same applies hereinafter in this Article) on or after the Effective Date and which the individual puts to use for the individual's business, and with regard to cases where an individual put depreciable assets listed in items (i) through (vii) of the table in Article 11, paragraph (1) of the Former Act of which the individual made an acquisition, etc. before the Effective Date to use for the individual's business, the provisions then in force continue to govern.

②The provisions of item (viii) of the table in Article 11, paragraph (1) of the New Act apply to depreciable assets listed in that item pertaining to an upgrading project plan that receives the certification prescribed in that item on or after the Effective Date, and with regard to depreciable assets listed in item (viii) of the table in Article 11, paragraph (1) of the Former Act pertaining to an upgrading project plan that received the certification prescribed in that item before the Effective Date, the provisions then in force continue to govern.

③With regard to pollution control facilities prescribed in Article 12, paragraph (1) of the Former Act in the case where an individual made an acquisition, etc. of those pollution control facilities before the Effective Date and put them to use for the individual's business, the provisions then in force continue to govern.

④With regard to the application of the provisions of Articles 12 through 13-2, Article 16, Article 16-2, Article 28-3, Article 33-6 and Article 37-3 of the New Act in the case where the provisions of the preceding paragraph apply, the phrase "the preceding Article" in Article 12, paragraph (1) of the New Act is deemed to be replaced with "the preceding Article or Article 7, paragraph (3) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 9 of 1980; hereinafter referred to as the "1980 Amendment Act")"; the phrase "or the preceding Article" in Article 12-2, paragraph (1) of the New Act is deemed to be replaced with ", the preceding Article or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or the preceding Article" in paragraph (2) of that Article is deemed to be replaced with ", the preceding Article or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "the preceding three Articles" in Article 12-3, paragraph (1) of the New Act is deemed to be replaced with "the preceding three Articles or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or Articles 14 through 16" in Article 13, paragraph (1) of the New Act is deemed to be replaced with ", Articles 14 through 16 or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or the following Article through Article 16" in Article 13-2, paragraph (1) of the New Act is deemed to be replaced with ", the following Article through Article 16 or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "through Article 12-3" in Article 16, paragraph (1) of the New Act is deemed to be replaced with "through Article 12-3 or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "through the preceding Article" in Article 16-2, paragraph (2) of the New Act is deemed to be replaced with "through the preceding Article or Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; and the phrase "through Article 16" in Article 28-3, paragraph (11), Article 33-6, paragraph (2) and Article 37-3, paragraph (2) of the New Act is deemed to be replaced with "through Article 16 and Article 7, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act".

⑤The provisions of Article 12, paragraph (1) of the New Act apply where an individual puts industrial machinery, etc. prescribed in that paragraph of which the individual makes an acquisition, etc. on or after the Effective Date to use for the individual's business, and with regard to cases where an individual put industrial machinery, etc. prescribed in Article 12-2, paragraph (1) of the Former Act of which the individual made an acquisition, etc. before the Effective Date to use for the individual's business, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 12, paragraph (1) of the New Act to industrial machinery, etc. prescribed in that paragraph of which an acquisition, etc. is made within a district listed in item (iv) or (v) of the table in that paragraph during the period from the Effective Date to March 31, 1981, the phrase "20 percent" in item (iv) of that table is deemed to be replaced with "one-third", the phrase "14 percent" in that item with "one-fifth", the phrase "27 percent" in item (v) of that table with "one-half", and the phrase "16 percent" in that item with "one-quarter".

⑥The provisions of Article 12-2, paragraph (1) of the New Act apply where an individual puts machinery and equipment prescribed in that paragraph which the individual acquires or manufactures on or after the Effective Date to use for the individual's business, and with regard to cases where an individual put machinery and equipment prescribed in Article 12-3, paragraph (1) of the Former Act which the individual acquired or manufactured before the Effective Date to use for the individual's business, the provisions then in force continue to govern.

⑦With regard to cases where there is a shortfall amount prescribed in Article 11, paragraph (2) of the Former Act, or in Article 11, paragraph (2) of the Former Act as read with the replacement of terms pursuant to the provisions of Article 12-2, paragraph (2), Article 12-3, paragraph (3) and Article 12-4, paragraph (2) of the Former Act, which arose in calculating the amount of real estate income or the amount of business income of an individual for any year of 1979 or before, the provisions then in force continue to govern.

⑧With regard to the application of the provisions of Article 11, paragraph (2) of the New Act, and of Article 11, paragraph (2) of the New Act as read with the replacement of terms pursuant to the provisions of Article 12, paragraph (2), Article 12-2, paragraph (3) and Article 12-3, paragraph (2) of the New Act, in the case where there is a shortfall amount prescribed in those provisions arising in calculating the amount of real estate income or the amount of business income of an individual for 1980, the phrase "for the following year" in Article 11, paragraph (2) of the New Act (including as applied mutatis mutandis pursuant to Article 12, paragraph (2), Article 12-2, paragraph (3) and Article 12-3, paragraph (2) of the New Act) is deemed to be replaced with "in each of the two years beginning with the following year", and the phrase "shortfall amount" with "shortfall amount (if any portion of that amount has already been included in necessary expenses pursuant to the provisions of this paragraph, the amount remaining after deducting that portion)".

⑨The provisions of Article 13, paragraph (1) of the New Act apply to machinery and equipment, and factory buildings and their associated facilities, prescribed in that paragraph of which an individual makes an acquisition, etc. on or after the Effective Date, and with regard to machinery and equipment, and factory buildings and their associated facilities, prescribed in Article 13, paragraph (1) of the Former Act of which an individual made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑩The provisions of Article 13-2, paragraph (1) of the New Act apply to depreciable assets listed in the items of that paragraph that are held by members of commercial and industrial associations, etc., specified associations or fishery cooperatives, etc. prescribed in those items which receive, on or after the Effective Date, the approval or certification referred to in those items for a small and medium sized enterprise structural improvement plan, structural improvement project plan or small and medium sized fishery structural improvement plan prescribed in those items, and with regard to depreciable assets listed in the items of Article 13-2, paragraph (1) of the Former Act that are held by members of commercial and industrial associations, etc., specified associations or fishery cooperatives, etc. prescribed in those items which received, before the Effective Date, the approval or certification referred to in those items for a small and medium sized enterprise structural improvement plan, structural improvement project plan or small and medium sized fishery structural improvement plan prescribed in those items, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 13-2, paragraph (1) of the New Act to depreciable assets listed in the items of that paragraph that are held by members of commercial and industrial associations, etc., specified associations or fishery cooperatives, etc. prescribed in those items which receive, during the period from the Effective Date to February 28, 1981, the approval or certification referred to in those items for a small and medium sized enterprise structural improvement plan, structural improvement project plan or small and medium sized fishery structural improvement plan prescribed in those items, the phrase "32 percent" in that paragraph is deemed to be replaced with "two-fifths".

⑪The provisions of Article 14 of the New Act apply to rental housing prescribed in paragraph (1) of that Article and facility buildings prescribed in paragraph (2) of that Article which an individual acquires or newly constructs on or after the Effective Date, and with regard to rental housing prescribed in Article 14, paragraph (1) of the Former Act and facility buildings prescribed in paragraph (2) of that Article which an individual acquired or newly constructed before the Effective Date, the provisions then in force continue to govern.

⑫The provisions of Article 15, paragraph (1) of the New Act apply to specified stockpiling facilities, etc. prescribed in that paragraph which an individual acquires or constructs on or after the Effective Date, and with regard to specified stockpiling facilities, etc. prescribed in Article 15, paragraph (1) of the Former Act which an individual acquired or constructed before the Effective Date, the provisions then in force continue to govern.

⑬With regard to cases where there is a shortfall amount prescribed in Article 13, paragraph (2) of the Former Act, or in Article 13, paragraph (2) of the Former Act as read with the replacement of terms pursuant to the provisions of Article 13-2, paragraph (3), Article 14, paragraph (3) and Article 15, paragraph (2) of the Former Act, which arose in calculating the amount of real estate income or the amount of business income of an individual for any year of 1979 or before, the provisions then in force continue to govern.

⑭With regard to the application of the provisions of Article 13, paragraph (2) of the New Act, and of Article 13, paragraph (2) of the New Act as read with the replacement of terms pursuant to the provisions of Article 13-2, paragraph (3), Article 14, paragraph (3) and Article 15, paragraph (2) of the New Act, in the case where there is a shortfall amount prescribed in those provisions arising in calculating the amount of real estate income or the amount of business income of an individual for 1980, in Article 13, paragraph (2) of the New Act (including as applied mutatis mutandis pursuant to Article 14, paragraph (3) and Article 15, paragraph (2) of the New Act), the phrase "for the following year" is deemed to be replaced with "in each of the two years beginning with the following year", the phrase "in the year following that year" with "in any of the two years beginning with that following year,", the phrase "in the case where it receives the application, that following year" with "for the year in which it receives the application, that year", and the phrase "shortfall amount" with "shortfall amount (if any portion of that amount has already been included in necessary expenses pursuant to the provisions of this paragraph, the amount remaining after deducting that portion)"; and in Article 13, paragraph (2) of the New Act as read with the replacement of terms pursuant to Article 13-2, paragraph (3) of the New Act, the phrase "for the following year" is deemed to be replaced with "in each of the two years beginning with the following year", the phrase "in the year following that year" with "in any of the two years beginning with that following year,", the phrase "in the case where it receives the application, that following year" with "for the year in which it receives the application, that year", and the phrase "shortfall amount" with "shortfall amount (if any portion of that amount has already been included in necessary expenses pursuant to the provisions of this paragraph, the amount remaining after deducting that portion, and, for a year in which the provisions of Article 13, paragraph (2) apply to the depreciable assets, the amount obtained by adding to it an amount equivalent to the shortfall amount prescribed in that paragraph for that year)".

⑮The provisions of Article 16, paragraph (2) of the New Act apply to ventilation tunnels or drainage tunnels prescribed in that paragraph which an individual acquires on or after the Effective Date, and with regard to ventilation tunnels or drainage tunnels prescribed in Article 16, paragraph (2) of the Former Act which an individual acquired before the Effective Date, the provisions then in force continue to govern.

⑯The provisions of Article 17 of the New Act apply to depreciable assets prescribed in that Article of which an individual makes an acquisition, etc. on or after the Effective Date, and with regard to depreciable assets prescribed in Article 17 of the Former Act of which an individual made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

With regard to the application of the provisions of Article 20, paragraph (1) of the New Act to income tax for 1980 in the case where the gross revenue pertaining to the business income of an individual for 1979 includes revenue from overseas transactions prescribed in that paragraph, the phrase "classified, the total of the amounts calculated by multiplying the respective revenues by the ratios listed in those items, by the number of months in the designated period within the period during which the individual carried on business in that year" in that paragraph is deemed to be replaced with "classified, the amount obtained by adding to the total of an amount equivalent to 17/1,000 of the amount calculated by multiplying the revenue from transactions listed in item (i) of the following paragraph by the number of months in the period from January 1, 1980 to March 31, 1980 within the period during which the individual carried on business in that year (hereinafter referred to as the "designated period for the former reserve rate" in this paragraph) and dividing the result by the number of months in the period during which the individual carried on business (hereinafter referred to as the "number of months of that year" in this paragraph), and an amount equivalent to 13.6/1,000 of the amount calculated by multiplying the revenue from those transactions by the number of months obtained by deducting the number of months in the designated period for the former reserve rate from the number of months of that year and dividing the result by the number of months of that year, the total of an amount equivalent to 23/1,000 of the amount calculated by multiplying the revenue from transactions listed in items (ii) through (viii) of the following paragraph by the number of months in the designated period for the former reserve rate and dividing the result by the number of months of that year, and an amount equivalent to 18.4/1,000 of the amount calculated by multiplying the revenue from those transactions by the number of months obtained by deducting the number of months in the designated period for the former reserve rate from the number of months of that year and dividing the result by the number of months of that year, by the number of months of that year".

With regard to the application of the provisions of Article 21, paragraph (1) of the New Act in the case where the gross revenue pertaining to the business income of an individual for 1980 includes revenue from overseas transactions involving technology, etc. prescribed in that paragraph, the phrase "28 percent of that revenue (for revenue from transactions listed in item (iii) of the following paragraph" in that paragraph is deemed to be replaced with "35 percent of that revenue within the period from January 1, 1980 to March 31, 1980 (10 percent for revenue from transactions listed in item (iii) of the following paragraph, and 20 percent for revenue from transactions listed in item (iv) of that paragraph) and an amount equivalent to 28 percent of that revenue within the period from April 1, 1980 to December 31, 1980 (for revenue from transactions listed in item (iii) of that paragraph", the phrase "the total of the amounts" with "the total of the amount and the amount", and the phrase "40 percent" with "50 percent".

With regard to the amount of net loss prescribed in Article 28-5, paragraph (1) of the Former Act incurred in 1978 or 1979 by a resident who falls under the category of certified small and medium sized enterprise prescribed in that paragraph, the provisions then in force continue to govern.

With regard to economic benefits in the case where a salary income earner, etc. prescribed in Article 29, paragraph (1) of the Former Act acquired by transfer, by December 31, 1980, housing, etc. prescribed in that paragraph held by an employer prescribed in that paragraph, for consideration at a low price on the basis of the earner's status as an employee, the provisions then in force continue to govern.

With regard to the collection and payment of income tax pursuant to the provisions of Article 183, paragraph (1) of the Income Tax Act on pensions prescribed in Article 29-3 of the Former Act which a resident is to receive by December 31, 1980, and to the salary income earner's return for deduction for Dependents, etc. prescribed in Article 194, paragraph (4) of that Act, the provisions then in force continue to govern.

①The provisions of Article 41, paragraph (1) and Article 41-2, paragraphs (1) and (2) of the New Act apply to income tax for 1981 and subsequent years in the case where a resident has, on or after January 1, 1981, used a house prescribed in Article 41, paragraph (1) of the New Act as the resident's residence in the manner prescribed in that paragraph, and with regard to income tax for 1980 and prior years in the case where a resident used a house prescribed in Article 41, paragraph (1) of the Former Act as the resident's residence on or before December 31, 1980 in the manner prescribed in that paragraph, the provisions then in force continue to govern.

②With regard to income tax for 1981 or 1982 of a resident who receives the application of the provisions of Article 41, paragraph (1) or Article 41-2, paragraphs (1) and (2) of the Former Act for income tax for 1979 or 1980, the provisions of Article 41, paragraph (1) and Article 41-2, paragraphs (1) and (2) of the Former Act govern, with the phrase "the amount of income tax" in Article 41, paragraph (1) of the Former Act deemed to be replaced with "for a year for which the total income amount under Article 2, paragraph (1), item (xxx) of the Income Tax Act for that year pertaining to income tax for that year (referred to as the "total income amount" in the following Article) is 8,000,000 yen or less, the amount of income tax for that year", the phrase "a statement to the effect that the resident seeks to receive" in Article 41-2, paragraph (1) of the Former Act deemed to be replaced with "a statement to the effect that the resident seeks to receive, the estimated amount of the total income amount for that year", and the phrase "must submit" in paragraph (2) of that Article deemed to be replaced with "must submit, and may not submit if, as of that date, the estimated amount of the total income amount of the resident for that year exceeds 8,000,000 yen".

With regard to income tax for 1980 and prior years pertaining to housing savings contracts prescribed in Article 41-3, paragraph (1) of the Former Act concluded by December 31, 1980, the provisions then in force continue to govern.

With regard to income tax pertaining to discount bonds prescribed in Article 41-12 of the Former Act which were issued by March 31, 1980, the provisions then in force continue to govern.

The provisions of Chapter III of the New Act apply to corporation tax for business years of a corporation (including an association or foundation without juridical personality prescribed in Article 2, item (viii) of the Corporation Tax Act (Act No. 34 of 1965); the same applies hereinafter) commencing on or after the Effective Date, except as otherwise provided, and with regard to corporation tax for business years of a corporation that commenced before the Effective Date, the provisions then in force continue to govern.

①The provisions of items (i) through (viii) of the table in Article 43, paragraph (1) of the New Act apply to depreciable assets listed in those provisions of which a corporation makes an acquisition, etc. (meaning acquisition, manufacture or construction; the same applies hereinafter in this Article) on or after the Effective Date and which it puts to use for its business, and with regard to cases where a corporation put depreciable assets listed in items (i) through (viii) of the table in Article 43, paragraph (1) of the Former Act of which it made an acquisition, etc. before the Effective Date to use for its business, the provisions then in force continue to govern.

②The provisions of item (ix) of the table in Article 43, paragraph (1) of the New Act apply to depreciable assets listed in that item pertaining to an upgrading project plan or a promotion plan that receives the certification prescribed in that item on or after the Effective Date, and with regard to depreciable assets listed in item (ix) of the table in Article 43, paragraph (1) of the Former Act pertaining to an upgrading project plan that received the certification prescribed in that item before the Effective Date, the provisions then in force continue to govern.

③With regard to pollution control facilities prescribed in Article 44, paragraph (1) of the Former Act in the case where a corporation made an acquisition, etc. of those pollution control facilities before the Effective Date and put them to use for its business, the provisions then in force continue to govern.

④With regard to the application of the provisions of Article 42-4, Articles 45 through 46, Articles 49 through 51-2, Article 52-2, Article 52-3, Articles 64 through 65, Article 65-7, Article 65-8 and Article 67-4 of the New Act in the case where the provisions of the preceding paragraph apply, the phrase "or Article 51-2" in Article 42-4, paragraph (1) of the New Act is deemed to be replaced with ", Article 51-2 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or the provisions of that Article" in Article 45, paragraph (1) of the New Act is deemed to be replaced with "or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act, or those provisions"; the phrase "or the preceding Article" in Article 45-2, paragraph (1) of the New Act is deemed to be replaced with ", the preceding Article or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or paragraph (1)" in paragraph (3) of that Article is deemed to be replaced with ", paragraph (1) or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or the preceding Article" in Article 45-3, paragraph (1) of the New Act is deemed to be replaced with ", the preceding Article or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or Article 51" in Article 45-4, paragraph (1) and Article 46, paragraph (1) of the New Act is deemed to be replaced with ", Article 51 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or Articles 45 through 45-3" in Article 49, paragraph (1) of the New Act is deemed to be replaced with ", Articles 45 through 45-3 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or Article 45" in Article 50, paragraph (1) of the New Act is deemed to be replaced with ", Article 45 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or Articles 47 through 49" in Article 51, paragraph (2) of the New Act is deemed to be replaced with ", Articles 47 through 49 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; the phrase "or Article 45 through the preceding Article" in Article 51-2, paragraph (2) of the New Act is deemed to be replaced with ", Article 45 through the preceding Article or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; in Article 52-2 and Article 52-3 of the New Act, the phrase "or Articles 45 through 51" is deemed to be replaced with ", Articles 45 through 51 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act", and the phrase "Articles 45-4 through 49" with "Articles 45-4 through 49 or Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act"; and the phrase "and Articles 47 through 51" in Article 64, paragraph (6) of the New Act (including as applied mutatis mutandis pursuant to Article 64-2, paragraph (6) and Article 65, paragraph (6) of the New Act), Article 65-7, paragraph (7) of the New Act (including as applied mutatis mutandis pursuant to Article 65-8, paragraph (7) of the New Act) and Article 67-4, paragraph (6) of the New Act is deemed to be replaced with ", Articles 47 through 51 and Article 17, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act".

⑤The provisions of Article 45, paragraph (1) of the New Act apply where a corporation puts industrial machinery, etc. prescribed in that paragraph of which it makes an acquisition, etc. on or after the Effective Date to use for its business, and with regard to cases where a corporation put industrial machinery, etc. prescribed in Article 45, paragraph (1) of the Former Act of which it made an acquisition, etc. before the Effective Date to use for its business, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 45, paragraph (1) of the New Act to industrial machinery, etc. prescribed in that paragraph of which an acquisition, etc. is made within a district listed in item (iv) or (v) of the table in that paragraph during the period from the Effective Date to March 31, 1981, the phrase "20 percent" in item (iv) of that table is deemed to be replaced with "one-third", the phrase "14 percent" in that item with "one-fifth", the phrase "27 percent" in item (v) of that table with "one-half", and the phrase "16 percent" in that item with "one-quarter".

⑥The provisions of Article 45-2, paragraph (1) of the New Act apply where a corporation puts machinery and equipment prescribed in that paragraph which it acquires or manufactures on or after the Effective Date to use for its business, and with regard to cases where a corporation put machinery and equipment prescribed in Article 45-2, paragraph (1) of the Former Act which it acquired or manufactured before the Effective Date to use for its business, the provisions then in force continue to govern.

⑦The provisions of Article 45-4, paragraph (1) of the New Act apply to depreciable assets listed in the items of that paragraph that are held by members of commercial and industrial associations, etc., specified associations or fishery cooperatives, etc. prescribed in those items which receive, on or after the Effective Date, the approval or certification referred to in those items for a small and medium sized enterprise structural improvement plan, structural improvement project plan or small and medium sized fishery structural improvement plan prescribed in those items, and with regard to depreciable assets listed in the items of Article 45-4, paragraph (1) of the Former Act that are held by members of commercial and industrial associations, etc., specified associations or fishery cooperatives, etc. prescribed in those items which received, before the Effective Date, the approval or certification referred to in those items for a small and medium sized enterprise structural improvement plan, structural improvement project plan or small and medium sized fishery structural improvement plan prescribed in those items, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 45-4, paragraph (1) of the New Act to depreciable assets listed in the items of that paragraph that are held by members of commercial and industrial associations, etc., specified associations or fishery cooperatives, etc. prescribed in those items which receive, during the period from the Effective Date to February 28, 1981, the approval or certification referred to in those items for a small and medium sized enterprise structural improvement plan, structural improvement project plan or small and medium sized fishery structural improvement plan prescribed in those items, the phrase "32 percent" in that paragraph is deemed to be replaced with "two-fifths".

⑧The provisions of Article 46, paragraph (1) of the New Act apply to machinery and equipment, and factory buildings and their associated facilities, prescribed in that paragraph of which a corporation makes an acquisition, etc. on or after the Effective Date, and with regard to machinery and equipment, and factory buildings and their associated facilities, prescribed in Article 46, paragraph (1) of the Former Act of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑨The provisions of Article 47 of the New Act apply to rental housing prescribed in paragraph (1) of that Article and facility buildings prescribed in paragraph (2) of that Article which a corporation acquires or newly constructs on or after the Effective Date, and with regard to rental housing prescribed in Article 47, paragraph (1) of the Former Act and facility buildings prescribed in paragraph (2) of that Article which a corporation acquired or newly constructed before the Effective Date, the provisions then in force continue to govern.

⑩The provisions of Article 48, paragraph (1) of the New Act apply to specified stockpiling facilities, etc. prescribed in that paragraph which a corporation acquires or constructs on or after the Effective Date, and with regard to specified stockpiling facilities, etc. prescribed in Article 48, paragraph (1) of the Former Act which a corporation acquired or constructed before the Effective Date (excluding the assets specified in the following paragraph), the provisions then in force continue to govern.

⑪With regard to assets listed in item (iv) of the table in Article 48, paragraph (1) of the Former Act which a corporation listed in item (iv) of that table acquires or constructs through the execution of the construction work covered by the authorization prescribed in Article 6, paragraph (2) of the Automobile Terminal Business Act (Act No. 136 of 1959), in the case where the corporation has received that authorization, during the period from the Effective Date to December 31, 1980, for a general automobile terminal prescribed in Article 2, paragraph (3) of that Act for which it obtained a license under the provisions of Article 3, item (ii) of that Act before the Effective Date, the provisions then in force continue to govern.

⑫The provisions of Article 49, paragraph (2) of the New Act apply to ventilation tunnels or drainage tunnels prescribed in that paragraph which a corporation acquires on or after the Effective Date, and with regard to ventilation tunnels or drainage tunnels prescribed in Article 49, paragraph (2) of the Former Act which a corporation acquired before the Effective Date, the provisions then in force continue to govern.

⑬The provisions of Article 50, paragraph (1) of the New Act apply to structures prescribed in that paragraph which a corporation acquires (including by improvement) or constructs on or after the Effective Date, and with regard to structures prescribed in Article 50, paragraph (1) of the Former Act which a corporation so acquired or constructed before the Effective Date, the provisions then in force continue to govern.

⑭The provisions of Article 50, paragraph (2) of the New Act apply where a corporation expends planting expenses prescribed in that paragraph on or after the Effective Date, and with regard to cases where a corporation expended planting expenses prescribed in Article 50, paragraph (2) of the Former Act before the Effective Date, the provisions then in force continue to govern.

⑮The provisions of Article 51 of the New Act apply to joint-use facilities specified in a business plan for which a specified association prescribed in paragraph (1) of that Article receives, on or after the Effective Date, the approval, etc. of a business plan prescribed in Article 56-2, paragraph (1) of the New Act, and with regard to joint-use facilities specified in a business plan for which a specified association prescribed in Article 51, paragraph (1) of the Former Act received, before the Effective Date, the approval, etc. of a business plan prescribed in Article 56-2, paragraph (1) of the Former Act, the provisions then in force continue to govern.

⑯The provisions of Article 52-2, paragraph (2) of the New Act apply to a shortfall in relation to the special depreciation limit prescribed in that paragraph arising in each business year commencing on or after the Effective Date, and with regard to a shortfall in relation to the special depreciation limit prescribed in Article 52-2, paragraph (2) of the Former Act that arose in each business year commencing before the Effective Date, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 52-2, paragraph (2) of the New Act in the case where there is a shortfall in relation to the special depreciation limit prescribed in that paragraph arising in each business year commencing during the period from the Effective Date to March 31, 1981, the phrase "one year" in that paragraph is deemed to be replaced with "two years".

⑰The provisions of Article 52-3, paragraph (2) of the New Act apply where, in each business year commencing on or after the Effective Date, the amount included in deductible expenses pursuant to the provisions of paragraph (1) of that Article is less than the special depreciation limit referred to in that paragraph, and with regard to cases where, in each business year commencing before the Effective Date, the amount included in deductible expenses pursuant to the provisions of Article 52-3, paragraph (1) of the Former Act was less than the special depreciation limit referred to in that paragraph, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of Article 52-3, paragraph (2) of the New Act where, in each business year commencing during the period from the Effective Date to March 31, 1981, the amount included in deductible expenses pursuant to the provisions of paragraph (1) of that Article is less than the special depreciation limit referred to in that paragraph, the phrase "one year" in paragraph (2) of that Article is deemed to be replaced with "two years".

⑱The provisions of Article 52-4 of the New Act apply to depreciable assets prescribed in that Article of which a corporation makes an acquisition, etc. on or after the Effective Date, and with regard to depreciable assets prescribed in Article 52-4 of the Former Act of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 54 of the New Act apply to the amount of the reserve for overseas market development by small and medium sized enterprises, etc. set aside in a business year of a corporation ending on or after the Effective Date, and with regard to the amount of the reserve for overseas market development by small and medium sized enterprises, etc. set aside in a business year of a corporation that ended before the Effective Date, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of that Article for a business year of a corporation prescribed in paragraph (1) of that Article which commenced before the Effective Date and ends on or after the Effective Date, the phrase "the amount calculated by dividing" in that paragraph is deemed to be replaced with "the amount calculated by dividing (for a business year which commenced before the Effective Date of the 1980 Amendment Act and ends on or after that date, the amount obtained by adding to the total of an amount equivalent to 8.2/1,000 (17/1,000 for a corporation whose amount of capital or amount of contribution at the end of that business year is 100 million yen or less, or a corporation without capital or contribution (hereinafter referred to as a "small or medium-sized corporation" in this paragraph)) of the amount calculated by multiplying the revenue from transactions listed in item (i) of the following paragraph by the number of months in the period from the first day of that business year to March 31, 1980 (hereinafter referred to as the "designated period for the former reserve rate" in this paragraph) and dividing the result by the number of months in that base year, and an amount equivalent to 6.6/1,000 (13.6/1,000 for a small or medium-sized corporation) of the amount calculated by multiplying the revenue from those transactions by the number of months obtained by deducting the number of months in the designated period for the former reserve rate from the number of months in that business year and dividing the result by the number of months in that base year, the total of an amount equivalent to 11.2/1,000 (23/1,000 for a small or medium-sized corporation) of the amount calculated by multiplying the revenue from transactions listed in items (ii) through (viii) of the following paragraph by the number of months in the designated period for the former reserve rate and dividing the result by the number of months in that base year, and an amount equivalent to 9/1,000 (18.4/1,000 for a small or medium-sized corporation) of the amount calculated by multiplying the revenue from those transactions by the number of months obtained by deducting the number of months in the designated period for the former reserve rate from the number of months in that business year and dividing the result by the number of months in that base year)".

②With regard to corporation tax for a business year which commenced before the Effective Date and ends on or after the Effective Date of a corporation whose amount of capital or amount of contribution at the end of that business year exceeds 500 million yen and is 1 billion yen or less, the provisions of Article 54 of the Former Act govern, with the phrase "March 31, 1981" in paragraph (1) of that Article deemed to be replaced with "March 31, 1980".

③With regard to the inclusion in gross profit of the amount of the reserve for overseas market development by small and medium sized enterprises, etc. referred to in Article 54, paragraph (1) of the Former Act which was set aside pursuant to the provisions of the preceding paragraph, the provisions of paragraphs (6) through (9) and paragraphs (12) through (14) of that Article govern.

④The provisions of Articles 55 and 56 of the New Act apply to specified shares, etc. prescribed in Article 55, paragraph (1) and Article 56, paragraph (1) of the New Act which a corporation acquires on or after the Effective Date, and with regard to specified shares, etc. prescribed in Article 55, paragraph (1) and Article 56, paragraph (1) of the Former Act which a corporation acquired before the Effective Date, and to specified overseas construction work prescribed in Article 55, paragraph (2) of the Former Act pertaining to a specified overseas construction contract prescribed in that paragraph which was concluded before the Effective Date, the provisions then in force continue to govern, except in the case specified in the following paragraph.

⑤Where a corporation acquired specified shares, etc. prescribed in Article 55, paragraph (1) of the Former Act before the Effective Date and comes to fall under any of the cases listed in the items of Article 55, paragraph (4) of the New Act on or after the Effective Date, the provisions of that paragraph govern.

⑥The provisions of Article 56-4, paragraph (1) of the New Act apply to railway facility expenditure (meaning the amount expended for the acquisition or construction of specified railway facilities prescribed in paragraph (2) of that Article) pertaining to construction work specified on or after the Effective Date by Cabinet Order prescribed in that paragraph, and with regard to that railway facility expenditure pertaining to construction work specified before the Effective Date by Cabinet Order prescribed in Article 56-4, paragraph (2) of the Former Act, the provisions then in force continue to govern.

⑦The provisions of Article 56-5, paragraph (1) of the New Act apply to power generation facility expenditure (meaning the amount expended for the acquisition or construction of specified power generation facilities prescribed in paragraph (2) of that Article) pertaining to construction work specified on or after the Effective Date by Cabinet Order prescribed in that paragraph, and with regard to that power generation facility expenditure pertaining to construction work specified before the Effective Date by Cabinet Order prescribed in Article 56-5, paragraph (2) of the Former Act, the provisions then in force continue to govern.

⑧The provisions of Article 56-6, paragraph (1) of the New Act apply to supply facility expenditure (meaning the amount expended for the acquisition or construction of specified supply facilities prescribed in paragraph (2) of that Article) pertaining to construction work specified on or after the Effective Date by Cabinet Order prescribed in that paragraph, and with regard to that supply facility expenditure pertaining to construction work specified before the Effective Date by Cabinet Order prescribed in Article 56-6, paragraph (2) of the Former Act, the provisions then in force continue to govern.

⑨With regard to the application of the provisions of Article 56-7 of the New Act for each business year commencing during the period from the Effective Date to March 31, 1981 of a corporation prescribed in Article 56-7, paragraph (1) of the New Act which holds the reserve for planned afforestation referred to in Article 56-7, paragraph (1) of the Former Act at the end of the business year immediately preceding the first business year commencing on or after the Effective Date, the phrase "288,000 yen" in paragraph (1), item (ii) of that Article is deemed to be replaced with "336,000 yen".

The provisions of Article 58 of the New Act apply to corporation tax on income for business years of a corporation ending on or after the Effective Date, and with regard to corporation tax on income for business years of a corporation that ended before the Effective Date, the provisions then in force continue to govern. In this case, with regard to the application of the provisions of paragraph (1) of that Article in the case where a corporation has revenue from overseas transactions involving technology, etc. prescribed in that paragraph in a business year which commenced before the Effective Date and ends on or after the Effective Date, the phrase "28 percent of that revenue (for revenue from transactions listed in item (iii) of the following paragraph" in that paragraph is deemed to be replaced with "35 percent of that revenue within the period from the first day of that business year to March 31, 1980 (10 percent for revenue from transactions listed in item (iii) of the following paragraph, and 20 percent for revenue from transactions listed in item (iv) of that paragraph) and an amount equivalent to 28 percent of that revenue within the period from April 1, 1980 to the end of that business year (for revenue from transactions listed in item (iii) of that paragraph", the phrase "the total of the amounts" with "the total of the amount and the amount", and the phrase "40 percent" with "50 percent".

①With regard to corporation tax in the case where a forestry cooperative referred to in Article 66, paragraph (1), item (i) of the Former Act which sought, before the Effective Date, the certification referred to in Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives pursuant to the provisions of Article 2 of that Act carries out a merger upon receiving that certification, the provisions then in force continue to govern.

②With regard to corporation tax in the case where a small and medium sized fishery operator prescribed in Article 66, paragraph (1), item (ii) of the Former Act carries out a merger in accordance with a small and medium sized fishery structural improvement plan which received, before the Effective Date, the certification referred to in Article 5, paragraph (1) of the Act on Special Measures for Fishery Reconstruction and Consolidation (Act No. 43 of 1976), the provisions then in force continue to govern.

③With regard to corporation tax in the case where a corporation prescribed in Article 66, paragraph (1), item (iii) of the Former Act which received the certification prescribed in that item before the Effective Date carries out a merger, the provisions then in force continue to govern.

④With regard to corporation tax in the case where a forestry cooperative filing a blue return that is specified by Cabinet Order seeks, during the period from the Effective Date to March 31, 1983, the certification referred to in Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives pursuant to the provisions of Article 2 of that Act and carries out a merger upon receiving that certification, the provisions of Articles 66 and 66-2 of the Former Act remain in force. In this case, the phrase "a forestry cooperative that" in Article 66, paragraph (1), item (i) of the Former Act is deemed to be replaced with "a forestry cooperative that is specified by Cabinet Order referred to in Article 20, paragraph (4) of the Supplementary Provisions of the 1980 Amendment Act and that", and the phrase "of Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives" with "of Article 4, paragraph (2) of the Act on Promotion of Merger of Forestry Cooperatives, which it sought pursuant to the provisions of Article 2 of that Act, and the".

⑤With regard to corporation tax in the case where a small and medium sized fishery operator prescribed in Article 66, paragraph (1), item (ii) of the Former Act that is specified by Cabinet Order carries out a merger, during the period from the Effective Date to March 31, 1982, in accordance with a small and medium sized fishery structural improvement plan which received the certification referred to in Article 5, paragraph (1) of the Act on Special Measures for Fishery Reconstruction and Consolidation, the provisions of Article 66 of the Former Act govern, with the phrase "March 31, 1980" in that item deemed to be replaced with "March 31, 1982", the phrase "small and medium sized fishery operator" deemed to be replaced with "small and medium sized fishery operator (limited to one specified by Cabinet Order referred to in Article 20, paragraph (5) of the Supplementary Provisions of the 1980 Amendment Act)", and the phrase "Article 10, paragraph (1) of that Act" deemed to be replaced with "Article 10, paragraph (1) of the Act on Special Measures for Fishery Reconstruction and Consolidation".

⑥With regard to corporation tax in the case where a corporation prescribed in Article 66, paragraph (1), item (iii) of the Former Act that is specified by Cabinet Order receives the certification prescribed in that item and carries out a merger during the period from the Effective Date to March 31, 1982, the provisions of that Article govern, with the phrase "a corporation that conducts wholesale business and" in that item deemed to be replaced with "a corporation that conducts wholesale business and that, among those specified by Cabinet Order referred to in Article 20, paragraph (6) of the Supplementary Provisions of the 1980 Amendment Act,", the phrase "March 31, 1980" deemed to be replaced with "March 31, 1982", and the phrase "that Act" deemed to be replaced with "the Wholesale Market Act".

⑦With regard to the application of the provisions of Articles 61 and 63 of the New Act in the case where the provisions of paragraph (4) apply, the phrase "a business year in which it exceeds 25 million yen" in Article 61, paragraph (1) of the New Act is deemed to be replaced with "a business year in which it exceeds 25 million yen (excluding, where the corporation falls under the category of a merging corporation that received the certification prescribed in item (i) of Article 66, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the 1980 Amendment Act, which is to remain in force pursuant to the provisions of Article 20, paragraph (4) of the Supplementary Provisions of the 1980 Amendment Act, and carried out the merger prescribed in that paragraph, a business year that falls under any of the business years ending within five years from the first day of the business year that includes the date of that merger)", and the phrase "through a merger" in Article 63, paragraph (1), item (iv) of the New Act is deemed to be replaced with "through a merger (excluding a merger which receives the application of the provisions of Article 66, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the 1980 Amendment Act, which is to remain in force pursuant to the provisions of Article 20, paragraph (4) of the Supplementary Provisions of the 1980 Amendment Act)".

⑧With regard to the application of the provisions of Article 63 of the New Act in the case where the provisions of paragraph (5) or (6) apply, the phrase "through a merger" in paragraph (1), item (iv) of that Article is deemed to be replaced with "through a merger (excluding a merger which receives the application of the provisions of Article 20, paragraph (5) or (6) of the Supplementary Provisions of the 1980 Amendment Act)".

①With regard to corporation tax in the case where a corporation falling under the category of small and medium sized enterprise prescribed in Article 66-3, paragraph (1), item (i) of the Former Act made a capital contribution in kind in accordance with a small and medium sized enterprise structural improvement plan which received the approval prescribed in that item before the Effective Date, the provisions then in force continue to govern.

②With regard to corporation tax in the case where a corporation prescribed in Article 66-3, paragraph (1), item (ii) of the Former Act which received the approval prescribed in that item before the Effective Date made a capital contribution in kind of the assets pertaining to that approval, the provisions then in force continue to govern.

③Where a corporation falling under the category of small and medium sized enterprise prescribed in Article 66-3, paragraph (1), item (i) of the Former Act that is specified by Cabinet Order makes a capital contribution in kind, during the period from the Effective Date to March 31, 1981, in accordance with a small and medium sized enterprise structural improvement plan which received the approval prescribed in that item, the provisions of that Article govern, with the phrase "small and medium sized enterprise" in that item deemed to be replaced with "small and medium sized enterprise (limited to one specified by Cabinet Order referred to in Article 21, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act)", and the phrase "Article 4, paragraph (1) of that Act" deemed to be replaced with "Article 4, paragraph (1) of the Small and Medium Sized Enterprise Modernization Promotion Act".

④With regard to the application of the provisions of Article 63 of the New Act in the case where the provisions of the preceding paragraph apply (limited to the case of making a capital contribution in kind before April 1, 1982 in accordance with the small and medium sized enterprise structural improvement plan prescribed in that paragraph), the phrase "Article 66-3" in paragraph (4) of that Article is deemed to be replaced with "Article 66-3 (including Article 21, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act)".

⑤With regard to the application of the provisions of Article 63 of the Act on Special Measures Concerning Taxation as amended by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 8 of 1982) in the case where the provisions of paragraph (3) apply (limited to the case of making a capital contribution in kind, during the period from April 1, 1982 to the day before the date specified in Article 1, item (i) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 11 of 1983; referred to as the "1983 Amendment Act" in the following paragraph), in accordance with the small and medium sized enterprise structural improvement plan prescribed in that paragraph), the phrase "or Articles 65-7 through 65-10" in paragraph (4) of that Article is deemed to be replaced with ", Articles 65-7 through 65-10 or Article 21, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act".

⑥With regard to the application of the provisions of Article 63 of the Act on Special Measures Concerning Taxation as amended by the 1983 Amendment Act in the case where the provisions of paragraph (3) apply (limited to the case of making a capital contribution in kind, on or after the date specified in Article 1, item (i) of the Supplementary Provisions of the 1983 Amendment Act, in accordance with the small and medium sized enterprise structural improvement plan prescribed in that paragraph), the phrase "the provisions through Article 66" in paragraph (4) of that Article is deemed to be replaced with "the provisions through Article 66 (including the provisions of Article 21, paragraph (3) of the Supplementary Provisions of the 1980 Amendment Act)".

With regard to the amount of loss prescribed in Article 68-2 of the Former Act incurred in each business year listed in the items of that Article of a corporation listed in those items, the provisions then in force continue to govern.

①The provisions of Article 70-7 of the New Act apply to inheritance tax pertaining to permission for payment in installments granted on or after the Effective Date pursuant to the provisions of Article 38, paragraph (1) or Article 43, paragraph (5) of the Inheritance Tax Act (Act No. 73 of 1950), and with regard to inheritance tax for which permission for payment in installments was granted before the Effective Date pursuant to those provisions, the provisions then in force continue to govern, except as specified in the following paragraph and paragraph (3).

②Where there is an amount of inheritance tax pertaining to permission for payment in installments granted before the Effective Date in which the ratio of the value of standing timber prescribed in Article 70-7, paragraph (1) of the New Act to the total value of the property that formed the basis for calculating that amount of inheritance tax is 4/10 or more and less than 5/10, the district director may, upon an application made in the manner specified by Cabinet Order, by the first due date for payment arriving on or after the Effective Date (or, if the period from the Effective Date to that due date for payment is less than four months, by the day on which four months have elapsed from the Effective Date; the same applies in the following paragraph), by the person who received that permission for payment in installments, change the installment payments for the payment in installments whose due dates for payment arrive on or after the Effective Date in accordance with the provisions of paragraph (1) of that Article.

③In the case prescribed in the preceding paragraph, if a person who received permission for payment in installments before the Effective Date has submitted the documents prescribed in Article 70-7, paragraph (4) of the New Act to the district director with jurisdiction over the place for tax payment by the due date for payment of the first installment payment for the payment in installments arriving on or after the Effective Date, the portion of the interest tax on the amount of inheritance tax for which the due date for payment of an installment payment for the payment in installments arrives on or after the Effective Date that corresponds to the period on or after the Effective Date is to be calculated in accordance with the provisions of paragraph (2) of that Article.

④With regard to inheritance tax pertaining to national government bonds, local government bonds or corporate bonds prescribed in Article 71, paragraph (1) of the Former Act (hereinafter referred to as "refunding government bonds, etc." in this paragraph) acquired before the Effective Date by inheritance or bequest (including a gift that takes effect upon the death of the donor; hereinafter the same applies in this paragraph), or inheritance tax pertaining to refunding government bonds, etc. acquired by inheritance or bequest from a person who holds refunding government bonds, etc. on the Effective Date, the provisions then in force continue to govern.

①With regard to registration and license tax on the registration of preservation of ownership or registration of transfer of ownership of a house prescribed in Article 75-2 of the Former Act which a founder of a public medical institution or a social welfare corporation prescribed in that Article newly built or acquired before the Effective Date, the provisions then in force continue to govern.

②With regard to registration and license tax on the registration of preservation of ownership or registration of transfer of ownership of land which was sold or transferred without compensation by the State, as prescribed in Article 76 of the Former Act, before the Effective Date, the provisions then in force continue to govern.

③The provisions of Article 77 of the New Act apply to registration and license tax on the registration of transfer of ownership of land prescribed in that Article acquired through an exchange prescribed in that Article carried out on or after the Effective Date, and with regard to registration and license tax on that registration for land prescribed in Article 77 of the Former Act acquired through an exchange prescribed in that Article carried out before the Effective Date, the provisions then in force continue to govern.

④The provisions of Article 77-3 of the New Act apply to registration and license tax on the registration of the transfer or creation of ownership or a right of lease of farmland, pasture land or land suitable for development into farmland prescribed in that Article which a corporation prescribed in that Article purchases or borrows on or after the Effective Date, and with regard to registration and license tax on those registrations for farmland, pasture land or land suitable for development into farmland prescribed in Article 77-3 of the Former Act which a corporation prescribed in that Article purchased or borrowed before the Effective Date, the provisions then in force continue to govern.

⑤The provisions of Article 77-4 of the New Act apply to registration and license tax on the registration of transfer of ownership of agricultural land, etc. or quasi-farmland prescribed in those provisions acquired through consultation, conciliation or mediation prescribed in paragraph (1) of that Article or through exchange and consolidation prescribed in paragraph (2) of that Article carried out on or after the Effective Date, and with regard to registration and license tax on that registration for agricultural land, etc. or quasi-farmland prescribed in those provisions acquired through consultation, conciliation or mediation prescribed in Article 77-4, paragraph (1) of the Former Act or through exchange and consolidation prescribed in paragraph (2) of that Article carried out before the Effective Date, the provisions then in force continue to govern.

⑥With regard to registration and license tax on the registration of transfer of ownership of forest land acquired through an exchange prescribed in Article 78 of the Former Act carried out before the Effective Date, the provisions then in force continue to govern.

⑧The provisions of Article 78-4, paragraph (3), item (ii) of the New Act apply to registration and license tax on the registration or recording of the creation of a mortgage which the Forestry Credit Fund receives on or after the Effective Date to secure claims pertaining to the business listed in that item, and with regard to registration and license tax on that registration or recording received before the Effective Date to secure claims pertaining to the business listed in Article 78-4, paragraph (3), item (ii) of the Former Act, the provisions then in force continue to govern.

⑨The provisions of Article 81, item (iii) of the New Act apply to registration and license tax on the registration of matters listed in that item pertaining to a recommendation or instruction, or a certification or approval, prescribed in that Article which is given on or after the Effective Date, and with regard to registration and license tax on the registration of matters listed in Article 81, item (iii) of the Former Act pertaining to a recommendation or instruction, or a certification or approval, prescribed in that Article which was given before the Effective Date, the provisions then in force continue to govern.

⑩The provisions of Article 81-2, paragraph (1) of the New Act apply to registration and license tax on the registration of transfer of rights to real property acquired through a merger in the case where a forestry cooperative that receives the certification prescribed in that paragraph on or after the Effective Date carries out the merger, and with regard to registration and license tax on that registration for real property acquired through a merger in the case where a forestry cooperative that received the certification prescribed in Article 81-2, paragraph (1) of the Former Act before the Effective Date carried out the merger, the provisions then in force continue to govern.

⑪With regard to registration and license tax on the registration of an increase of capital which a company prescribed in Article 82, paragraph (1) of the Former Act made before the Effective Date, or of the matters listed in item (ii) of that paragraph concerning land or houses prescribed in that item which the company acquired before the Effective Date, the provisions then in force continue to govern.

⑫With regard to registration and license tax on the registration of an increase of capital prescribed in Article 84 of the Former Act which a company prescribed in that Article made before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 95 of the New Act apply to travel tax on the passenger fares of aircraft prescribed in paragraph (1) of that Article for flights which the passengers of that aircraft board on or after May 1, 1980, and which are received from those passengers on or after the Effective Date.

①The provisions of Article 5, paragraph (6) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Fund for Smooth Management of National Tax Revenue as amended by the provisions of Article 27 of the Supplementary Provisions (hereinafter referred to as the "1978 Amendment Act as Amended" in this Article) apply where an individual puts depreciable assets prescribed in paragraph (2) of that Article to use for the individual's business on or after the Effective Date, and with regard to cases where an individual put those depreciable assets to use for the individual's business before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 14, paragraph (6) of the Supplementary Provisions of the 1978 Amendment Act as Amended apply where a corporation puts depreciable assets prescribed in paragraph (2) of that Article to use for its business on or after the Effective Date, and with regard to cases where a corporation put those depreciable assets to use for its business before the Effective Date, the provisions then in force continue to govern.

③The provisions of Article 18, paragraph (6) of the Supplementary Provisions of the 1978 Amendment Act as Amended apply to corporation tax in the case where a corporation receives the application of the provisions of paragraph (4) of that Article on or after the Effective Date, and with regard to corporation tax in the case where a corporation received the application of the provisions of that paragraph before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 6, paragraph (3) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation as amended by the provisions of Article 28 of the Supplementary Provisions (hereinafter referred to as the "1979 Amendment Act as Amended" in this Article) apply where an individual puts depreciable assets prescribed in paragraph (1) of that Article to use for the individual's business on or after the Effective Date, and with regard to cases where an individual put those depreciable assets to use for the individual's business before the Effective Date, the provisions then in force continue to govern.

②With regard to cases where an individual put industrial machinery, etc. prescribed in Article 6, paragraph (4) of the Supplementary Provisions of the 1979 Amendment Act as Amended of which the individual made an acquisition, etc. (meaning acquisition, manufacture or construction; the same applies in paragraph (4)) before the Effective Date to use for the individual's business, the provisions then in force continue to govern.

③The provisions of Article 16, paragraph (3) of the Supplementary Provisions of the 1979 Amendment Act as Amended apply where a corporation puts depreciable assets prescribed in paragraph (1) of that Article to use for its business on or after the Effective Date, and with regard to cases where a corporation put those depreciable assets to use for its business before the Effective Date, the provisions then in force continue to govern.

④With regard to cases where a corporation put industrial machinery, etc. prescribed in Article 16, paragraph (4) of the Supplementary Provisions of the 1979 Amendment Act as Amended of which it made an acquisition, etc. before the Effective Date to use for its business, the provisions then in force continue to govern.

⑤The provisions of Article 20, paragraph (4) of the Supplementary Provisions of the 1979 Amendment Act as Amended apply to corporation tax in the case where a corporation receives the application of the provisions of paragraph (1) or (2) of that Article on or after the Effective Date, and with regard to corporation tax in the case where a corporation received the application of the provisions of paragraph (1) or (2) of that Article before the Effective Date, the provisions then in force continue to govern.