①The provisions of items (i) through (iv) of the table in Article 43, paragraph (1) of the New Act apply to depreciable assets listed in the middle column of those provisions that a corporation makes an acquisition, etc. (meaning acquisition, manufacture or construction; the same applies hereinafter in this Article) of on or after the Effective Date, and with regard to depreciable assets listed in the middle column of the provisions of items (i) through (iv) of the table in Article 43, paragraph (1) of the Former Act that a corporation made an acquisition, etc. of before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 43-2, paragraph (1) of the New Act apply to specified facilities prescribed in that paragraph that a corporation acquires or constructs on or after the Effective Date, and with regard to specified facilities prescribed in Article 43-2, paragraph (1) of the Former Act that a corporation acquired or constructed before the Effective Date, the provisions then in force continue to govern.

③The provisions of items (i) and (ii) of the table in Article 44, paragraph (1) of the New Act apply to depreciable assets listed in the middle column of those provisions that a corporation makes an acquisition, etc. of on or after the Effective Date, and with regard to depreciable assets listed in the middle column of the items of the table in Article 44, paragraph (1) of the Former Act that a corporation made an acquisition, etc. of before the Effective Date, the provisions then in force continue to govern.

④The provisions of item (iii) of the table in Article 44, paragraph (1) of the New Act apply to depreciable assets listed in the middle column of that item that a corporation makes an acquisition, etc. of on or after the Effective Date.

⑤The provisions of Article 44-2, paragraph (1) of the New Act apply to high-technology industrial equipment prescribed in that paragraph that a corporation makes an acquisition, etc. of on or after the Effective Date, and with regard to high-technology industrial equipment prescribed in Article 44-2, paragraph (1) of the Former Act that a corporation made an acquisition, etc. of before the Effective Date, the provisions then in force continue to govern.

⑥The provisions of Article 44-3, paragraph (1) of the New Act apply to specified business assets prescribed in that paragraph that a corporation makes an acquisition, etc. of on or after the Effective Date, and with regard to specified business assets prescribed in Article 44-3, paragraph (1) of the Former Act that a corporation made an acquisition, etc. of before the Effective Date, the provisions then in force continue to govern.

⑦The provisions of item (v) of the table in Article 44-7, paragraph (1) of the New Act apply to depreciable assets listed in the middle column of that item that a corporation makes an acquisition, etc. of on or after the Effective Date, and with regard to depreciable assets listed in the middle column of item (v) of the table in Article 44-7, paragraph (1) of the Former Act that a corporation made an acquisition, etc. of before the Effective Date, the provisions then in force continue to govern.

⑧The provisions of Article 44-8, paragraph (1) of the New Act apply to industrial business facilities prescribed in that paragraph that a corporation acquires or constructs on or after the Effective Date, and with regard to industrial business facilities prescribed in Article 44-8, paragraph (1) of the Former Act that a corporation acquired or constructed before the Effective Date, the provisions then in force continue to govern.

⑨The provisions of items (i), (ii) and (vii) of the table in Article 45, paragraph (1) of the New Act apply to depreciable assets listed in the third column of those provisions that a corporation makes an acquisition, etc. of on or after the Effective Date, and with regard to depreciable assets listed in the third column of the provisions of items (i), (ii) and (vii) of the table in Article 45, paragraph (1) of the Former Act that a corporation made an acquisition, etc. of before the Effective Date, the provisions then in force continue to govern.

⑩The provisions of Article 46-3, paragraph (1) of the New Act (limited to the part relating to item (ii) of that paragraph) apply to depreciable assets specified in that item held by a corporation referred to in that item that receives the certification prescribed in that item for a forestry management improvement plan prescribed in that item on or after the date on which the Act Partially Amending the Act on Assistance with Forestry Improvement Funds and the Act on Temporary Measures for Financing Forestry and Related Industry Promotion Funds comes into effect, and with regard to depreciable assets specified in Article 46-3, paragraph (1), item (ii) of the Former Act held by a corporation referred to in that item that received the certification prescribed in that item for a rationalization plan prescribed in that item before that date, the provisions then in force continue to govern.

⑪The provisions of Article 47, paragraph (1) of the New Act apply to good-quality rental housing prescribed in that paragraph that a corporation acquires or newly builds on or after the Effective Date, and with regard to good-quality rental housing prescribed in Article 47, paragraph (1) of the Former Act that a corporation acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑫The provisions of Article 47, paragraph (2) of the New Act apply to specified redevelopment buildings, etc. prescribed in that paragraph that a corporation acquires or newly builds on or after the Effective Date, and with regard to specified redevelopment buildings, etc. prescribed in Article 47, paragraph (2) of the Former Act that a corporation acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑬The provisions of Article 47, paragraph (3), item (i) of the New Act apply to buildings listed in that item that a corporation acquires or newly builds on or after the Effective Date, and with regard to buildings listed in Article 47, paragraph (3), item (i) of the Former Act that a corporation acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑭The provisions of Article 47, paragraph (3), item (v) of the New Act apply to buildings listed in that item that a corporation acquires or newly builds on or after the date on which the Act Partially Amending the Act on Emergency Measures for the Promotion of Superior Residential Land Development in Metropolitan Areas comes into effect, and with regard to buildings listed in Article 47, paragraph (3), item (v) of the Former Act that a corporation acquired or newly built before that date, the provisions then in force continue to govern.

⑮The provisions of Article 47, paragraph (3), item (vii) of the New Act apply to buildings listed in that item that a corporation acquires or newly builds on or after the date on which the Act Partially Amending the Act on Improvement of Areas Along Trunk Roads, etc. comes into effect.

⑯The provisions of Article 48, paragraph (1) of the New Act apply to warehouse buildings, etc. prescribed in that paragraph that a corporation acquires or constructs on or after the Effective Date, and with regard to warehouse buildings, etc. prescribed in Article 48, paragraph (1) of the Former Act that a corporation acquired or constructed before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 55 of the New Act apply to specified shares, etc. prescribed in paragraph (1) of that Article that a corporation acquires on or after the Effective Date, and with regard to specified shares, etc. prescribed in Article 55, paragraph (1) of the Former Act that a corporation acquired before the Effective Date, except in the case provided for in the following paragraph, the provisions then in force continue to govern.

②In the case where a corporation has acquired specified shares, etc. prescribed in Article 55, paragraph (1) of the Former Act before the Effective Date, if it 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 same rules as in the provisions of that paragraph apply.

③The provisions of Article 55-3, paragraph (1) of the New Act apply to specified shares, etc. prescribed in that paragraph that a corporation acquires on or after the Effective Date, and with regard to specified shares, etc. prescribed in Article 55-3, paragraph (1) of the Former Act that a corporation acquired before the Effective Date, the provisions then in force continue to govern.

④The provisions of Article 55-4, paragraph (1) of the New Act apply to specified shares prescribed in that paragraph that a corporation acquires on or after the Effective Date, and with regard to specified shares prescribed in Article 55-4, paragraph (1) of the Former Act that a corporation acquired before the Effective Date, the provisions then in force continue to govern.

⑤In the case where a corporation prescribed in Article 57, paragraph (1) or (2) of the Former Act has, in the business year beginning first on or after the Effective Date (excluding the case where that business year is a business year that includes the day of dissolution (excluding dissolution due to a merger); hereinafter referred to as the "business year of the amendment" through paragraph (9)), the amount of the reserve for liability for securities transactions or the amount of the reserve for liability for commodity transactions prescribed in paragraph (3) of that Article as of the end of the business year immediately preceding the business year of the amendment (meaning the amount obtained by deducting the amount included in gross profit pursuant to the provisions of that paragraph or paragraph (4) of that Article in that immediately preceding business year, and adding the amount included in deductible expenses pursuant to the provisions of paragraph (1) or (2) of that Article in that immediately preceding business year), the amount equivalent to the amount calculated, for each business year from the business year of the amendment to the business year that includes the day before the day on which five years have elapsed from the first day of the business year of the amendment, by multiplying that amount of the reserve for liability for securities transactions or amount of the reserve for liability for commodity transactions by the number of months in that business year and dividing the result by 60 (or, where that amount exceeds the remaining transaction liability reserve as of the end of that business year (meaning the amount of the reserve for liability for securities transactions or the amount of the reserve for liability for commodity transactions after deducting from it the amount included, or required to be included, in gross profit pursuant to the provisions of the following paragraph by that day, or the amount included in gross profit pursuant to the provisions of this paragraph in business years that ended before that day; the same applies hereinafter through paragraph (9)), that remaining transaction liability reserve), out of that amount of the reserve for liability for securities transactions or amount of the reserve for liability for commodity transactions, is included in gross profit in calculating the amount of income for each of those business years.

⑥In the case where the corporation prescribed in the preceding paragraph comes to fall under any of the cases listed in the following items, the amount equivalent to the amount specified in each of those items is included in gross profit in calculating the amount of income for the business year that includes the day on which it came to so fall:

⑦With regard to the remaining transaction liability reserve in the case where the corporation prescribed in paragraph (5) has had its approval for filing blue returns revoked or has submitted a written notification to the effect that it will discontinue filing returns using blue returns, the same rules as in the provisions of Article 57, paragraph (6) of the Former Act apply. In this case, the phrase "has set aside a reserve for liability for securities transactions referred to in paragraph (1) or a reserve for liability for commodity transactions referred to in paragraph (2)" in that paragraph is deemed to be replaced with "has the remaining transaction liability reserve prescribed in Article 13, paragraph (5) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 17 of 1996; hereinafter referred to as the "1996 Amendment Act") (hereinafter referred to as the "remaining transaction liability reserve" in this paragraph)", the phrase "the amount of the reserve for liability for securities transactions or the amount of the reserve for liability for commodity transactions as of" is deemed to be replaced with "the remaining transaction liability reserve as of", the phrase "that amount of the reserve for liability for securities transactions or amount of the reserve for liability for commodity transactions" is deemed to be replaced with "that remaining transaction liability reserve", and the phrase "the preceding three paragraphs and paragraph (9)" is deemed to be replaced with "Article 13, paragraphs (5) and (6) of the Supplementary Provisions of the 1996 Amendment Act".

⑧The number of months referred to in paragraph (5) is calculated according to the calendar, and any fraction of less than one month is counted as one month.

⑨The treatment of the remaining transaction liability reserve in the case where the corporation prescribed in paragraph (5) has carried out a merger in any business year from the business year of the amendment onward, and other necessary matters concerning the application of the provisions of that paragraph and paragraph (6), are specified by Cabinet Order.

⑩The amount of the reserve for abnormal risks pertaining to nuclear damage liability insurance referred to in Article 57-6, paragraph (1) of the Former Act that has been set aside pursuant to the provisions of that paragraph is deemed to be the amount of the reserve for abnormal risks pertaining to nuclear insurance referred to in Article 57-6, paragraph (1) of the New Act set aside pursuant to the provisions of that paragraph at the time when it was set aside, and the provisions of that Article apply.

⑪The provisions of Article 57-7 of the New Act apply to corporation tax for business years of Kansai International Airport Company, Ltd. ending on or after the date on which the Act Partially Amending the Kansai International Airport Company, Ltd. Act comes into effect, and with regard to corporation tax for business years of that company that ended before that date, the provisions then in force continue to govern.

⑫With regard to the inclusion in gross profit of the amount of the reserve for promoting the use of recycled resources that a corporation prescribed in Article 57-8, paragraph (1) of the Former Act set aside pursuant to the provisions of that paragraph in a business year beginning before the Effective Date, the provisions then in force continue to govern.