Supplementary Provisions, Article 11Transitional Measures Concerning Special Provisions on Taxation on Income Pertaining to Specified Foreign Subsidiaries, etc. of Residents
第十一条（居住者の特定外国子会社等に係る所得の課税の特例に関する経過措置）
The provisions of Article 40-4 of the New Act on Special Measures Concerning Taxation apply to the amount of applicable retained income prescribed in paragraph (1) of that Article of a foreign corporation that falls under a specified foreign subsidiary, etc. prescribed in that paragraph as of the end of its business year ending on or after the Effective Date, and the provisions then in force continue to govern the amount of applicable retained income prescribed in Article 40-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation of a foreign corporation that fell under a specified foreign subsidiary, etc. prescribed in that paragraph as of the end of its business year that ended before the Effective Date.
新租税特別措置法第四十条の四の規定は、その施行日以後に終了する事業年度の終了の日において同条第一項に規定する特定外国子会社等に該当する外国法人の同項に規定する適用対象留保金額について適用し、その施行日前に終了した事業年度の終了の日において旧租税特別措置法第四十条の四第一項に規定する特定外国子会社等に該当した外国法人の同項に規定する適用対象留保金額については、なお従前の例による。