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 the provisions then in force continue to govern 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. In this case, with regard to the application of the provisions of that Article to a corporation prescribed in paragraph (1) of that Article whose amount of capital or amount of contributions exceeds 100 million yen at the end of the business year that began before the Effective Date and ends on or after the Effective Date, the phrase "amount calculated by dividing" in that paragraph is deemed to be replaced with "amount calculated by dividing (for a business year that began before the date of enforcement of the 1987 Amendment Act and ends on or after that date, the amount obtained by adding, to the sum of the amount equivalent to 2.52/1,000 of the amount calculated by multiplying the revenue pertaining to the transactions set forth in item (i) of the following paragraph by the number of months in the period from the date of commencement of that business year to March 31, 1987 (hereinafter referred to as the 'designated period for the former reserve rate' in this paragraph) and dividing the product by the number of months in that base year and the amount equivalent to 1.76/1,000 of the amount calculated by multiplying the revenue pertaining to 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 product by the number of months in that base year, the sum of the amount equivalent to 3.48/1,000 of the amount calculated by multiplying the revenue pertaining to the transactions set forth 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 product by the number of months in that base year and the amount equivalent to 2.44/1,000 of the amount calculated by multiplying the revenue pertaining to 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 product by the number of months in that base year)".

②The provisions then in force continue to govern the inclusion in gross profit of the amount of the program reserve set aside pursuant to the provisions of Article 56-5, paragraph (1) of the Former Act by a corporation set forth in the left-hand column of the table in that paragraph in a business year that began before the Effective Date.

The provisions of Article 66-14, paragraph (1) of the New Act apply to the amount of loss due to equipment disposal prescribed in that paragraph pertaining to the disposition of equipment that a corporation carries out on or after the date of enforcement of the Act on Temporary Measures for Facilitating Industrial Structural Transformation, or to the amount of loss due to equipment disposal prescribed in that paragraph pertaining to the disposition of equipment that a corporation carries out on or after the date of enforcement of the Act on Temporary Measures for Stabilizing the Management of Specified Shipbuilding Businesses, and the provisions then in force continue to govern the amount of loss due to equipment disposal prescribed in Article 66-14, paragraph (1) of the Former Act pertaining to the disposition of equipment that a corporation carried out before the Effective Date.

①The provisions of Article 70-7, paragraph (3) of the New Act apply to the portion of interest tax, pertaining to an amount of inheritance tax for which the due date for payment of an installment payment under deferred payment arrives on or after the Effective Date, that corresponds to the period on or after the Effective Date, and the provisions then in force continue to govern the portion of interest tax pertaining to that amount of inheritance tax that corresponds to the period before the Effective Date and interest tax pertaining to an amount of inheritance tax for which that due date for payment arrived before the Effective Date.

②The provisions of Article 70-8 of the New Act apply to interest tax pertaining to the amount of inheritance tax on land located within a district prescribed in paragraph (1) of that Article that has been acquired through inheritance or bequest (including a gift that takes effect upon the death of the donor; the same applies hereinafter in this paragraph) on or after the Effective Date, and the provisions then in force continue to govern interest tax pertaining to the amount of inheritance tax on land located within a district prescribed in that paragraph that was acquired through inheritance or bequest before the Effective Date.

①The provisions of Article 77-3 of the New Act apply to registration and license tax on the registration of transfer of ownership of land prescribed in those provisions that is acquired on or after the Effective Date through consultation, conciliation or mediation prescribed in item (i) of that Article or through a project for promoting the establishment of use rights, etc. prescribed in item (ii) of that Article, and the provisions then in force continue to govern registration and license tax on the registration of transfer of ownership of land prescribed in those provisions that was acquired before the Effective Date through consultation, conciliation or mediation prescribed in Article 77-3, item (i) of the Former Act or through a project for promoting the establishment of use rights, etc. prescribed in item (ii) of that Article.

②The provisions of Article 77-4, paragraph (2) of the New Act apply to registration and license tax on the registration of transfer of ownership of land that a member of an agricultural and residential land cooperative prescribed in that paragraph acquires on or after the Effective Date through exchange and consolidation prescribed in that paragraph, and the provisions then in force continue to govern registration and license tax on the registration of transfer of ownership of land that the member acquired before the Effective Date through exchange and consolidation prescribed in Article 77-4, paragraph (2) of the Former Act.

③The provisions of Article 78-2 of the New Act apply to registration and license tax on the registration of the transfer or creation of ownership, superficies rights, farming rights or rights of lease of land referred to in that Article that a production forestry cooperative or agricultural production corporation prescribed in that Article receives as the contribution prescribed in that Article on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on those registrations for land referred to in that Article that a production forestry cooperative or agricultural production corporation prescribed in Article 78-2 of the Former Act received as the contribution prescribed in that Article before the Effective Date.

④The provisions then in force continue to govern registration and license tax on the registration of the matters set forth in the items of Article 81, paragraph (2) of the Former Act pertaining to the approval prescribed in that paragraph.

⑤With regard to the application of the provisions of Article 71, paragraph (2) of the New Act in the case of a registration prescribed in the preceding paragraph for which the provisions then in force continue to govern pursuant to the provisions of that paragraph, the phrase "Article 81" is deemed to be replaced with "Article 81 (including Article 12, paragraph (4) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 14 of 1987))".

①The provisions of Article 3, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation as amended by the provisions of the preceding Article (referred to as the "1986 Amendment Act as Amended" in the following paragraph) apply to income tax for 1987 and subsequent years, and the provisions then in force continue to govern income tax for 1986 and prior years.

②The provisions of Article 12 of the Supplementary Provisions of the 1986 Amendment Act as Amended apply to corporation tax for business years of a corporation ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax for business years of a corporation that ended before the Effective Date.