This Act comes into effect as of April 1, 1999; provided, however, that the provisions set forth in the following items come into effect as of the day specified in the relevant item.

Unless otherwise provided for, the provisions of Chapter II of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 (hereinafter referred to as "the New Act on Special Measures Concerning Taxation") apply to income tax for 1999 and subsequent years, and the provisions then in force continue to govern income tax for 1998 and prior years.

The provisions of Article 5-2 of the New Act on Special Measures Concerning Taxation apply to interest on bulk-registered government bonds prescribed in paragraph (1) of that Article that is received by a nonresident or a foreign corporation and the first day of whose calculation period is on or after September 1, 1999.

The provisions of Article 8, paragraph (1), item (i) of the New Act on Special Measures Concerning Taxation apply to interest listed in that item that is received by a financial institution prescribed in that paragraph or a securities company, etc. prescribed in paragraph (2) of that Article and the first day of whose calculation period is on or after January 1, 2001, and the provisions then in force continue to govern such interest the first day of whose calculation period is before January 1, 2001.

①The provisions then in force continue to govern income from a transfer of shares made by an individual who, before the date on which this Act comes into effect (hereinafter referred to as "the Effective Date"), transferred shares of a listed company, etc. prescribed in Article 9-5, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 (hereinafter referred to as "the Former Act on Special Measures Concerning Taxation") in response to a takeover bid prescribed in that paragraph relating to a cancellation of shares using profits, in the case prescribed in paragraph (3) of that Article.

②With regard to income from a transfer of shares in the case where an individual prescribed in Article 9-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation has, during the period from the Effective Date to December 31, 2002, transferred shares of a listed company, etc. prescribed in that paragraph in response to a takeover bid prescribed in that paragraph relating to a cancellation of shares using profits, the provisions of paragraph (3) of that Article remain in force. In this case, the phrase "the provisions of paragraph (1)" in that paragraph is deemed to be replaced with "the provisions of Article 9-4, paragraph (1) of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)", and the phrase "Article 37-11" is deemed to be replaced with "Article 37-11 of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 15, paragraph (2) of the Supplementary Provisions of that Act".

③The provisions then in force continue to govern income from a transfer of shares in the case where an individual has, before the Effective Date, transferred shares in response to a takeover bid prescribed in Article 9-7, paragraph (3) of the Former Act on Special Measures Concerning Taxation relating to a purchase of shares by a resolution prescribed in that paragraph.

④With regard to income from a transfer of shares in the case where an individual has, during the period from the Effective Date until the close of the ordinary general meeting concerning the next account settlement period prescribed in Article 24, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Commercial Code, etc. and Other Matters (Act No. 79 of 2001) of a stock company prescribed in that paragraph, transferred shares in response to a takeover bid prescribed in Article 9-7, paragraph (3) of the Former Act on Special Measures Concerning Taxation relating to a purchase of shares by that stock company by a resolution under Article 3-2, paragraph (4) of the Act on Special Provisions of the Commercial Code concerning Procedures for Cancellation of Shares (Act No. 55 of 1997) prior to its repeal by that Act, the provisions of that paragraph remain in force. In this case, the phrase "Article 37-11" in that paragraph is deemed to be replaced with "Article 37-11 of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 15, paragraph (2) of the Supplementary Provisions of that Act".

①The provisions of Article 10 of the New Act on Special Measures Concerning Taxation apply to the amount of experimental research expenses prescribed in paragraph (3), item (i) of that Article and the amount of special experimental research expenses prescribed in item (iv) of that paragraph that are included in necessary expenses in calculating the amount of business income of an individual for 2000 and subsequent years, and the provisions then in force continue to govern the amount of experimental research expenses prescribed in Article 10, paragraph (7), item (i) of the Former Act on Special Measures Concerning Taxation that is included in necessary expenses in calculating the amount of business income for 1999 and prior years, assets for basic technology development research prescribed in item (ii) of that paragraph that were put to use for an individual's business on or before March 31, 1999, and the amount of special experimental research expenses prescribed in item (iii) of that paragraph that is included in necessary expenses in calculating the amount of business income for that year and prior years.

②With regard to the application of the provisions of Article 28-3, paragraph (11), Article 33-6, paragraph (2), Article 37-3, paragraph (3) (including as applied mutatis mutandis pursuant to Article 37-5, paragraph (2) of the New Act on Special Measures Concerning Taxation) and Article 37-9-2, paragraph (5) of the New Act on Special Measures Concerning Taxation concerning the acquisition of the assets for basic technology development research referred to in the preceding paragraph in the case where the provisions of Article 10, paragraphs (2) through (4) of the Former Act on Special Measures Concerning Taxation apply to those assets, the phrase "the provisions of ... through ..." in Article 28-3, paragraph (11) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "the provisions of ... through ..., and of Article 10, paragraphs (2) through (4) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999) (hereinafter referred to as 'the 1999 Former Act')", and the phrase "the provisions of ... through ..." in Article 33-6, paragraph (2), Article 37-3, paragraph (3) and Article 37-9-2, paragraph (5) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "the provisions of ... through ..., and of Article 10, paragraphs (2) through (4) of the 1999 Former Act".

The provisions of Article 10-2 of the New Act on Special Measures Concerning Taxation apply to equipment for promoting the reform of the energy supply and demand structure prescribed in paragraph (1) of that Article that an individual acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern equipment for promoting the reform of the energy supply and demand structure prescribed in Article 10-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired, manufactured or constructed before the Effective Date.

①The provisions of Article 10-4 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (1), item (vi) of that Article) apply to business base strengthening equipment prescribed in that paragraph that an individual listed in that item acquires, manufactures or leases on or after the date on which the Act on Promotion of Introduction of Sustainable Agricultural Production Practices comes into effect, and the provisions then in force continue to govern business base strengthening equipment prescribed in that paragraph that an individual listed in Article 10-4, paragraph (1), item (vi) of the Former Act on Special Measures Concerning Taxation acquired, manufactured or leased before that date.

②The provisions of Article 10-4 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (1), item (vii) of that Article) apply to business base strengthening equipment prescribed in that paragraph that an individual listed in that item acquires, manufactures or leases on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, and the provisions then in force continue to govern business base strengthening equipment prescribed in that paragraph that an individual listed in Article 10-4, paragraph (1), item (vii) of the Former Act on Special Measures Concerning Taxation acquired, manufactured or leased before that date.

The provisions of Article 10-7 of the New Act on Special Measures Concerning Taxation apply to specified machinery and equipment, etc. prescribed in paragraph (1) of that Article that an individual acquires, manufactures or leases on or after the Effective Date, and the provisions then in force continue to govern specified machinery and equipment, etc. prescribed in Article 10-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired, manufactured or leased before the Effective Date.

①The provisions of Article 11, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified equipment, etc. prescribed in that paragraph that an individual makes an acquisition, etc. (meaning an acquisition, manufacture or construction; the same applies hereinafter in this Article) of on or after the Effective Date, and the provisions then in force continue to govern specified equipment, etc. prescribed in Article 11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made an acquisition, etc. of before the Effective Date.

②The provisions of Article 11-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to earthquake disaster prevention assets prescribed in that paragraph that an individual makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern earthquake disaster prevention assets prescribed in Article 11-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made an acquisition, etc. of before the Effective Date.

③The provisions of Article 11-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to equipment for business innovation prescribed in that paragraph that an individual acquires or manufactures on or after the Effective Date, and the provisions then in force continue to govern equipment for business innovation prescribed in Article 11-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured before the Effective Date.

④The provisions of Article 11-5, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (i) of the table in that paragraph) apply to specified telecommunications equipment, etc. prescribed in that paragraph that an individual makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern specified telecommunications equipment prescribed in Article 11-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning item (i) of the table in that paragraph) that an individual made an acquisition, etc. of before the Effective Date.

⑤The provisions then in force continue to govern specified telecommunications equipment prescribed in Article 11-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning item (ii) of the table in that paragraph) that an individual made an acquisition, etc. of on or before March 31, 1999.

⑥The provisions of Article 12, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to industrial machinery, etc. prescribed in that paragraph that an individual makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern industrial machinery, etc. prescribed in Article 12, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made an acquisition, etc. of before the Effective Date.

⑦The provisions of Article 12-2, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to medical equipment, etc. prescribed in that paragraph that an individual acquires or manufactures on or after the Effective Date, and the provisions then in force continue to govern medical equipment, etc. prescribed in Article 12-2, paragraph (2) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured before the Effective Date.

⑧With regard to the application of the provisions of Article 13-2, paragraph (1) of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, the phrase "27 percent (or 16 percent, if the machinery and equipment, etc. are fishing vessels specified in item (i))" in that paragraph is deemed to be replaced with "16 percent".

⑨With regard to depreciable assets specified in Article 13-2, paragraph (1), item (i) of the Former Act on Special Measures Concerning Taxation that are held by an individual who is a member of a commercial and industrial association, etc. referred to in that item that obtained, before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, the approval referred to in that item for a small and medium sized enterprise structural improvement plan prescribed in that item, the provisions of that Article (limited to the part concerning that item) remain in force. In this case, the phrase "March 31, 1999" in that item is deemed to be replaced with "the day before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999) comes into effect", and the phrase "that Act" is deemed to be replaced with "the Act on Promotion of Modernization of Small and Medium Sized Enterprises".

⑩With regard to the application of the provisions of the preceding paragraph on or after the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises comes into effect, the phrase "'March 31, 1999'" in that paragraph is deemed to be replaced with "'Article 2 of the Act on Promotion of Modernization of Small and Medium Sized Enterprises (Act No. 64 of 1963)' is deemed to be replaced with 'Article 2 of the Act on Promotion of Modernization of Small and Medium Sized Enterprises (Act No. 64 of 1963; hereinafter referred to as "the Former Small and Medium Enterprise Modernization Promotion Act") prior to its repeal pursuant to the provisions of Article 2 of the Supplementary Provisions of the Act on Supporting Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999)', and the phrase 'March 31, 1999'", the phrase "'the day before the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999) comes into effect'" is deemed to be replaced with "'the day before the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises comes into effect'", and the phrase "'the Act on Promotion of Modernization of Small and Medium Sized Enterprises'" is deemed to be replaced with "'the Former Small and Medium Enterprise Modernization Promotion Act', and the phrase 'Article 4, paragraph (1) of the Act on Promotion of Modernization of Small and Medium Sized Enterprises' is deemed to be replaced with 'Article 4, paragraph (1) of the Former Small and Medium Enterprise Modernization Promotion Act'".

⑪With regard to depreciable assets held by an individual who is a member of a commercial and industrial association, etc. referred to in Article 20, paragraph (1) of the Act on Special Measures for Okinawa Promotion and Development (Act No. 131 of 1971) that obtains, during the period from the Effective Date to December 31, 2001, the approval under that paragraph or paragraph (2) of that Article for a structural improvement plan prescribed in paragraph (1) of that Article, which are specified in Article 13-2, paragraph (1), item (i) of the Former Act on Special Measures Concerning Taxation, the provisions of that Article (limited to the part concerning that item) remain in force.

⑫The provisions then in force continue to govern depreciable assets specified in Article 13-2, paragraph (1), item (ii) of the Former Act on Special Measures Concerning Taxation that are held in 1999 by an individual who is a member of a specified association or a specified commercial and industrial association, etc. referred to in that item that obtained the approval referred to in that item for a structural improvement project plan or a structural improvement facilitation plan prescribed in that item.

⑬The provisions of Article 14, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to specified redevelopment buildings, etc. prescribed in that paragraph that an individual acquires or newly builds on or after the Effective Date, and the provisions then in force continue to govern specified redevelopment buildings, etc. prescribed in Article 14, paragraph (3) of the Former Act on Special Measures Concerning Taxation that an individual acquired or newly built before the Effective Date.

⑭The provisions then in force continue to govern ventilation tunnels or drainage tunnels prescribed in Article 16, paragraph (2) of the Former Act on Special Measures Concerning Taxation that an individual acquired before the Effective Date.

⑮The provisions of Article 18, paragraph (1), item (ii) of the New Act on Special Measures Concerning Taxation apply to contributions specified in that item that an individual pays on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, and the provisions then in force continue to govern contributions specified in Article 18, paragraph (1), item (ii), (iii) or (viii) of the Former Act on Special Measures Concerning Taxation that an individual paid before that date.

With regard to the application of the provisions of Article 21, paragraph (1) of the New Act on Special Measures Concerning Taxation concerning income tax for 1999, the phrase "included in gross revenue" in that paragraph is deemed to be replaced with "included in gross revenue from overseas transactions involving technology, etc. prescribed in Article 21, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), or", the phrase "12 percent of that revenue" is deemed to be replaced with "6 percent (or 12 percent, for revenue from transactions listed in item (ii) of that paragraph) of the revenue from transactions listed in the items of paragraph (2) of that Article during the period from January 1, 1999 to March 31, 1999, and an amount equivalent to 12 percent of the revenue from overseas transactions involving technology, etc. during the period from April 1, 1999 to December 31, 1999", and the phrase "amount (where that amount" is deemed to be replaced with "amount, the total of those amounts (where that total".

①The provisions then in force continue to govern capital gains, etc. from shares, etc. prescribed in Article 29-2, paragraph (5) of the Former Act on Special Measures Concerning Taxation arising from a transfer of shares, etc. prescribed in that paragraph of specified shares or succeeded specified shares prescribed in that paragraph that a person eligible for the special provisions or a successor eligible for the special provisions prescribed in that paragraph made before the Effective Date.

②With regard to income from a transfer of specified shares or succeeded specified shares prescribed in Article 29-2, paragraph (4) of the New Act on Special Measures Concerning Taxation in the case where a person eligible for the special provisions or a successor eligible for the special provisions prescribed in that paragraph transfers those shares within the period from the Effective Date to December 31, 2002, the provisions of Article 29-2, paragraph (5) of the Former Act on Special Measures Concerning Taxation remain in force. In this case, the phrase "Article 37-11, paragraph (1)" in paragraph (5) of that Article is deemed to be replaced with "Article 37-11, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 15, paragraph (2) of the Supplementary Provisions of that Act".

The provisions of Article 30-2 of the New Act on Special Measures Concerning Taxation apply to the cutting or transfer prescribed in paragraph (1) of that Article of forested land held by an individual that the individual carries out on or after the Effective Date, and the provisions then in force continue to govern the cutting or transfer prescribed in Article 30-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation of forested land held by an individual that the individual carried out before the Effective Date.

①The provisions of Article 31, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to a transfer of land, etc. or buildings, etc. prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 1999, and the provisions then in force continue to govern a transfer of land, etc. or buildings, etc. prescribed in Article 31, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made before that date.

②The provisions of Article 31-2 of the New Act on Special Measures Concerning Taxation apply to a transfer falling under a transfer for a superior residential area, etc. prescribed in paragraph (1) of that Article or a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article that an individual makes on or after January 1, 1999, and the provisions then in force continue to govern a transfer falling under a transfer for a superior residential area, etc. prescribed in Article 31-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation or a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article that an individual made before that date.

③The provisions of Article 34-2, paragraph (2), item (iii) of the New Act on Special Measures Concerning Taxation apply to a transfer of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 1999, and the provisions then in force continue to govern a transfer of land, etc. prescribed in Article 34-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made before that date.

④The provisions of Article 34-2, paragraph (2), item (xviii) of the New Act on Special Measures Concerning Taxation apply to a transfer of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after the Effective Date.

⑤The provisions then in force continue to govern a transfer of assets listed in the left-hand column of item (xix) of the table in Article 37, paragraph (1) of the Former Act on Special Measures Concerning Taxation or in the left-hand column of item (xx) of that table that was made before the Effective Date by an individual listed in (a) of the left-hand column of item (xix) of that table, or in (a) or (c) of the left-hand column of item (xx) of that table.

⑥With regard to a transfer of assets listed in the left-hand column of item (xix) of the table in Article 37, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual listed in (a) of that column makes during the period from the Effective Date to the day on which three years have elapsed from the date on which the individual obtained the approval referred to in (a) of that column, the provisions of that Article through Article 37-4 (limited to the part concerning (a) of that column) remain in force. In this case, the phrase "Article 31 or" in that paragraph is deemed to be replaced with "Article 31 of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999; hereinafter referred to as 'the 1999 Amendment Act') (hereinafter referred to as 'the 1999 New Act') (including as applied pursuant to the provisions of Article 31-2 of the 1999 New Act) or"; the phrase "until March 31, 1999" in (a) of that column is deemed to be replaced with "until the day before the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999) comes into effect"; the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) in Article 37, paragraphs (4) and (5) of the Former Act on Special Measures Concerning Taxation is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name); the phrase "Article 31, paragraph (1)" in paragraph (6) of that Article is deemed to be replaced with "Article 31, paragraph (1) of the 1999 New Act"; the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) in paragraphs (7) and (8) of that Article is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name); and the phrase "the provisions of Article 10, paragraphs (2) through (4), Articles 10-2 through 10-5, Articles 10-7 through 12-3 and Articles 13-3 through 16" in Article 37-3, paragraph (3) of the Former Act on Special Measures Concerning Taxation is deemed to be replaced with "the provisions listed in the items of Article 19 of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 15 of 2002) (excluding the provisions of Article 13, paragraph (1) and Article 13-2 of that Act)".

⑦With regard to the application of the provisions of the preceding paragraph on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, the phrase 'comes into effect";' in that paragraph is deemed to be replaced with 'comes into effect"; the phrase "Act on Temporary Measures for Facilitating Adaptation to Structural Changes in the Economy through Entry into New Fields, etc. by Specified Small and Medium Sized Enterprises" is deemed to be replaced with "Act on Temporary Measures for Facilitating Adaptation to Structural Changes in the Economy through Entry into New Fields, etc. by Specified Small and Medium Sized Enterprises (Act No. 93 of 1993) prior to its repeal pursuant to the provisions of Article 2 of the Supplementary Provisions of that Act";'.

⑧With regard to the application of the provisions of Article 31-3, Articles 34 through 34-3, Article 35, Article 36-2, Article 36-5, Article 36-6, Article 37-5 and Article 37-6 of the New Act on Special Measures Concerning Taxation in the case where the provisions of paragraph (6) apply, the phrase "the provisions of Article 37-9-2" in Article 31-3, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "the provisions of Article 37-9-2, or the provisions of Article 37 or Article 37-4 of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remain in force pursuant to the provisions of Article 14, paragraph (6) of the Supplementary Provisions of that Act (hereinafter referred to as 'the 1999 Former Act')"; the phrase "or Article 37-9-2" in Article 34, paragraph (1), Article 34-2, paragraph (1) and Article 34-3, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "or Article 37-9-2, or Article 37 or Article 37-4 of the 1999 Former Act"; the phrase "the provisions of Article 37-9-2" in Article 35, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "the provisions of Article 37-9-2, or the provisions of Article 37 or Article 37-4 of the 1999 Former Act"; the phrase "or Article 37-9-2" in Article 36-2, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "or Article 37-9-2, or Article 37 or Article 37-4 of the 1999 Former Act"; the phrase "or Article 37" in Article 37-5, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "or Article 37, or Article 37 of the 1999 Former Act"; and the phrase "又は" (or) in the items of Article 37-6, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "若しくは" (or, joining a smaller group of alternatives), and the phrase "of the provisions" is deemed to be replaced with "or of Article 37 or Article 37-4 of the 1999 Former Act, of the provisions".

⑨The provisions of item (xxii) of the table in Article 37, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to a transfer of assets listed in the left-hand column of that item that an individual makes on or after the Effective Date, and the provisions then in force continue to govern a transfer of assets listed in the left-hand column of item (xxii) of the table in Article 37, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made before the Effective Date.

⑩The provisions of Article 37-7, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to an exchange or transfer of land, etc. prescribed in that paragraph that an individual makes on or after January 1, 1999, and the provisions then in force continue to govern an exchange or transfer of land, etc. prescribed in Article 37-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made before that date.

①The provisions then in force continue to govern income from transfers of shares, etc. arising from a transfer of listed shares, etc. prescribed in Article 37-11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a resident or a nonresident having a permanent establishment in Japan prescribed in that paragraph made before the Effective Date (with "income from transfers of shares, etc." meaning income from transfers of shares, etc. prescribed in that paragraph; the same applies in the following paragraph).

②With regard to income from transfers of shares, etc. arising from a transfer of listed shares, etc. prescribed in Article 37-11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a resident or a nonresident having a permanent establishment in Japan prescribed in that paragraph makes during the period from the Effective Date to December 31, 2002, the provisions of that Article remain in force. In this case, the phrase "paragraph (3) of the preceding Article" in paragraph (1) of that Article is deemed to be replaced with "Article 37-10, paragraph (3) of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 15 of 2002) (hereinafter referred to as 'the 2002 New Act')", the phrase "Article 2, paragraph (11)" is deemed to be replaced with "Article 2, paragraph (14)", the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name), the phrase "of the preceding Article" is deemed to be replaced with "of Article 37-10 of the 2002 New Act", and the phrase "Article 230-8-2, paragraph (2) or Article 19, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Commercial Code, etc. (Act No. 74 of 1981), concerning fractional shares or shares constituting less than one unit prescribed in those provisions" is deemed to be replaced with "Article 220-6, paragraph (1) of that Act (including as applied mutatis mutandis pursuant to Article 221, paragraph (6) of that Act), concerning fractional shares prescribed in Article 220-6, paragraph (1) or Article 221, paragraph (6) of that Act or shares numbering less than one share unit"; the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) in paragraph (4) of that Article is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name), and the phrase "convertible bonds or bonds with subscription warrants" is deemed to be replaced with "bonds with share options prescribed in Article 37-10, paragraph (3), item (iii) of the 2002 New Act, or convertible bonds or bonds with subscription warrants for which the provisions then in force continue to govern pursuant to the provisions of Article 7, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Commercial Code, etc. (Act No. 128 of 2001)"; the phrase "March 31, 2000" in paragraph (5) of that Article is deemed to be replaced with "December 31, 2002"; and the phrase "Act on Special Measures Concerning Taxation" in paragraph (8) of that Article is deemed to be replaced with "Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 (Partial Amendment of the Act on Special Measures Concerning Taxation) of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 15, paragraph (2) (Transitional Measures Concerning Elective Separate Withholding Taxation on Capital Gains, etc. on Listed Shares, etc.) of the Supplementary Provisions of that Act".

The provisions of Article 37-13-2 of the New Act on Special Measures Concerning Taxation apply to a transfer through the conveyance of specified subsidiary shares prescribed in paragraph (1) of that Article that an individual makes on or after the date on which the Act Partially Amending the Commercial Code, etc. (Act No. 125 of 1999) comes into effect.

①The provisions then in force continue to govern income from a transfer of government bonds prescribed in Article 37-16, paragraph (1), item (ii) of the Former Act on Special Measures Concerning Taxation that were issued before the Effective Date, and the reports prescribed in paragraph (3) of that Article concerning the payment of the consideration for that transfer.

②The provisions of Article 37-16 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (1), item (iii) of that Article) apply to income from a transfer of public and corporate bonds prescribed in that item that an individual makes on or after the date specified in the proviso to Article 1 of the Supplementary Provisions of the Urban Development Corporation Act.

①With regard to the application of the provisions of Article 41 and Article 41-2 of the New Act on Special Measures Concerning Taxation in the case where a resident has, on or before December 31, 1998, put a dwelling house or an existing house prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation, or a house on which extension or remodeling, etc. has been carried out (limited to the part relating to that extension or remodeling, etc.; the same applies hereinafter in this Article), to use as the resident's residence as provided in that paragraph, the phrase "loans (including loans specified by Cabinet Order as loans borrowed from those persons to be appropriated as funds required for the acquisition of land to be used as the site of the house relating to that acquisition, etc. of a house, or of rights existing on that land (hereinafter referred to as 'land, etc.' in this paragraph), made together with that acquisition, etc. of a house) and" in Article 41, paragraph (1), item (i) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "loans (", and the phrase "out of" is deemed to be replaced with "included) that are"; the phrase "that acquisition, etc. of a house (including an acquisition of land, etc. to be used as the site of the house relating to that acquisition, etc. of a house, made together with that acquisition, etc. of a house, which is specified by Cabinet Order)" in item (ii) of that paragraph is deemed to be replaced with "that acquisition, etc. of a house"; the phrase "acquisition (including an acquisition of land, etc. that was used as the site of that existing house, made together with the acquisition of that existing house, which is specified by Cabinet Order)" in item (iii) of that paragraph is deemed to be replaced with "acquisition"; and the phrase "loans (including loans specified by Cabinet Order as loans borrowed from the employer of that person to be appropriated as funds required for the acquisition of land, etc. to be used as the site of the house relating to that acquisition, etc. of a house, made together with that acquisition, etc. of a house)" in item (iv) of that paragraph is deemed to be replaced with "loans", and the phrase "that acquisition, etc. of a house (including an acquisition of land, etc. to be used as the site of the house relating to that acquisition, etc. of a house, made together with that acquisition, etc. of a house, which is specified by Cabinet Order)" is deemed to be replaced with "that acquisition, etc. of a house".

②In the case where a resident has made a housing acquisition, etc. prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation (hereinafter referred to as a "housing acquisition, etc." in this Article) and has put the dwelling house or existing house, or the house on which extension or remodeling, etc. has been carried out, prescribed in that paragraph, for which that housing acquisition, etc. was made, to use as the resident's residence as provided in that paragraph during the period from January 1, 1999 to March 31, 1999, if, in each year of the six years from that year (limited to years in which the resident continues to use it as the resident's residence from the date on which it was put to that use until December 31 of that year (or, for the year that includes the date on which the resident died or the year that includes the date on which the dwelling house or existing house, or the house on which extension or remodeling, etc. has been carried out, prescribed in that paragraph, for which that housing acquisition, etc. was made, ceased to be usable as a residence due to a disaster, until that date; the same applies hereinafter in this paragraph); hereinafter referred to as a "special applicable year" in this Article), the resident has an amount of housing loans, etc. prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation relating to that housing acquisition, etc. (hereinafter referred to as "special applicable housing loans, etc." in this Article), the resident may, by the resident's choice, apply the provisions of Article 41 and Article 41-2-2 of the New Act on Special Measures Concerning Taxation with the amount of the special tax credit for housing loans, etc. prescribed in that paragraph for that special applicable year being, notwithstanding the provisions of Article 41, paragraph (2) and Article 41-2 of the New Act on Special Measures Concerning Taxation, the amount specified in each of the following items according to the category of cases listed in those items (with any fraction of less than 100 yen in that amount being discarded).

③If the resident referred to in the preceding paragraph has, in a special applicable year, an amount of special applicable housing loans, etc. (limited to those to which the provisions of Article 41 or Article 41-2-2 of the New Act on Special Measures Concerning Taxation apply pursuant to the provisions of that paragraph; the same applies hereinafter in this paragraph) and an amount of housing loans, etc. prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation relating to a housing acquisition, etc. other than the housing acquisition, etc. relating to that amount of special applicable housing loans, etc. (hereinafter referred to as an "other home acquisition, etc." in this paragraph) (limited to those relating to the applicable years prescribed in that paragraph relating to the dwelling house or existing house, or the house on which extension or remodeling, etc. has been carried out, prescribed in that paragraph, for which that other home acquisition, etc. was made; hereinafter referred to as "other housing loans, etc." in this paragraph), the amount of the special tax credit for housing loans, etc. referred to in the preceding paragraph for that special applicable year is, notwithstanding the provisions of the items of that paragraph, the amount calculated, as specified by Cabinet Order in accordance with the provisions of Article 41-2, for that amount of special applicable housing loans, etc. and that amount of other housing loans, etc.

④If the resident referred to in paragraph (2) has made two or more housing acquisitions, etc. and has put the dwelling houses or existing houses, or houses on which extension or remodeling, etc. has been carried out, referred to in that paragraph, for which those housing acquisitions, etc. were made, to use as the resident's residence as provided in that paragraph during the period from January 1, 1999 to March 31, 1999, the choice prescribed in that paragraph must be made for all of the amounts of special applicable housing loans, etc. relating to those housing acquisitions, etc.

⑤If the resident referred to in paragraph (2) has made a housing acquisition, etc. other than the housing acquisition, etc. relating to the amount of special applicable housing loans, etc. (limited to those to which the provisions of Article 41 or Article 41-2-2 of the New Act on Special Measures Concerning Taxation apply pursuant to the provisions of that paragraph) (hereinafter referred to as an "other home acquisition, etc." in this paragraph) and has put the dwelling house or existing house, or the house on which extension or remodeling, etc. has been carried out, prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation, for which that other home acquisition, etc. was made, to use as the resident's residence as provided in that paragraph during the period from April 1, 1999 to December 31, 1999, and the resident has, in a special applicable year, an amount of housing loans, etc. prescribed in that paragraph relating to that other home acquisition, etc. (hereinafter referred to as "other housing loans, etc. for moving in during 1999" in this paragraph), the provisions of paragraph (2) through the preceding paragraph apply by deeming that amount of other housing loans, etc. for moving in during 1999 to be an amount of special applicable housing loans, etc.

⑥With regard to the application of the provisions of Article 41 or Article 41-2-2 of the New Act on Special Measures Concerning Taxation in the case where those provisions apply pursuant to the provisions of paragraph (2), the phrase "each of the six years (or 15 years, if the year that includes that date (hereinafter referred to as the 'date of residence' in this paragraph, the following paragraph and the following Article) is 1999 or 2000 or if the date of residence falls within the period from January 1, 2001 to June 30, 2001 (referred to as the 'first half of 2001' in the following paragraph and the following Article), or 10 years, if the date of residence falls within the period from July 1, 2001 to December 31, 2001 (referred to as the 'second half of 2001' in the following paragraph and the following Article) or if the year that includes the date of residence is any year from 2002 to 2008) (that date of residence" in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "each of the six years (that date"; the phrase "(hereinafter referred to as the 'date of residence' in this paragraph and paragraph (5)) falls" in Article 41-2-2, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "falls", the phrase "within four years (or within 13 years, if the year in which the date of residence falls is 1999 or 2000 or if the date of residence falls within the first half of 2001 prescribed in paragraph (1) of that Article (hereinafter referred to as the 'first half of 2001' in this paragraph and paragraph (5)), or within eight years, if the date of residence falls within the second half of 2001 prescribed in paragraph (1) of that Article (hereinafter referred to as the 'second half of 2001' in this paragraph and paragraph (5)) or if the year in which the date of residence falls is any year from 2002 to 2008)" is deemed to be replaced with "within four years", the phrase "paragraph (1) of that Article" is deemed to be replaced with "that paragraph", the phrase "a resident, that date of residence" is deemed to be replaced with "a resident, that date", and the phrase "within five years (or within 14 years, if the year in which that date of residence falls is 1999 or 2000 or if that date of residence falls within the first half of 2001, or within nine years, if that date of residence falls within the second half of 2001 or if the year in which that date of residence falls is any year from 2002 to 2008)" is deemed to be replaced with "within five years"; and the phrase ", the date of residence" in paragraph (5) of that Article is deemed to be replaced with ", the date of putting to use as a residence prescribed in Article 41, paragraph (1)", the phrase "within four years (or within 13 years, if the year in which the date of residence falls is 1999 or 2000 or if the date of residence falls within the first half of 2001, or within eight years, if the date of residence falls within the second half of 2001 or if the year in which the date of residence falls is any year from 2002 to 2008)" is deemed to be replaced with "within four years", the phrase "Article 41, paragraph (1)" is deemed to be replaced with "that paragraph", and the phrase "from that date of residence" is deemed to be replaced with "from the date of that putting to use as a residence".

⑦Special provisions on the provisions of paragraph (10) of Article 41 of the New Act on Special Measures Concerning Taxation in the case where the provisions of that Article apply pursuant to the provisions of paragraph (2), and other matters necessary for the application of the provisions of paragraph (2) through the preceding paragraph, are specified by Cabinet Order.

①In the case where a resident has received the application of the provisions of Article 41-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation with regard to a transfer of transferred assets prescribed in paragraph (3), item (i) of that Article that the resident made on or before December 31, 1998, the provisions then in force continue to govern the acquisition of replacement assets prescribed in paragraph (4) of that Article relating to that application.

②The provisions then in force continue to govern the amount of loss on transfer of residential property relating to replacement assets prescribed in Article 41-5, paragraph (5) of the Former Act on Special Measures Concerning Taxation that relate to a transfer of transferred assets prescribed in paragraph (3), item (i) of that Article that a resident made on or before December 31, 1998.

③The provisions then in force continue to govern the filing of an amended return under the provisions of Article 41-5, paragraph (10) of the Former Act on Special Measures Concerning Taxation by a person prescribed in that paragraph who made, on or before December 31, 1998, a transfer of transferred assets prescribed in paragraph (3), item (i) of that Article, and the payment of the amount of tax to be paid as a result of the filing of that amended return.

The provisions then in force continue to govern redemption gains prescribed in Article 41-12, paragraph (7) of the Former Act on Special Measures Concerning Taxation that a foreign corporation receives with respect to discount bonds prescribed in that paragraph that were issued before the Effective Date.

①With regard to the application of the provisions of Article 6 of the Act on Measures to Reduce the Burden of Income Tax and Corporation Tax to Be Taken Promptly in Response to Changes in the Economy and Society, etc. (Act No. 8 of 1999; hereinafter referred to as "the Income Tax and Corporation Tax Burden Reduction Act") in the case where the provisions of Articles 6 through 9, Article 14 or Article 18 of the Supplementary Provisions apply, the phrase "provisions, and" in Article 2, item (iii) of the Income Tax and Corporation Tax Burden Reduction Act is deemed to be replaced with "provisions, the provisions of Articles 6 through 9, Article 14 and Article 18 of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), and".

②With regard to the application of the provisions of Article 12 of the Income Tax and Corporation Tax Burden Reduction Act in the case where the provisions of Article 18 of the Supplementary Provisions apply, the phrase "the provisions" in paragraph (2) of that Article is deemed to be replaced with "the provisions (including, where the provisions of Article 18 of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999) apply, those provisions)", and the phrase "item (ii) of that Article" is deemed to be replaced with "Article 190, item (ii) of the Income Tax Act".

Unless otherwise provided for, the provisions of Chapter III of the New Act on Special Measures Concerning Taxation apply to corporation tax 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) for business years beginning on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a corporation for business years that began before the Effective Date.

①The provisions of Article 42-5 of the New Act on Special Measures Concerning Taxation apply to equipment, etc. for promoting the reform of the energy supply and demand structure prescribed in paragraph (1) of that Article that a corporation acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern equipment, etc. for promoting the reform of the energy supply and demand structure prescribed in Article 42-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, manufactured or constructed before the Effective Date.

②With regard to the application of the provisions of Articles 42-4 through 42-12 of the New Act on Special Measures Concerning Taxation in the case where a corporation prescribed in Article 42-5, paragraph (2) of the Former Act on Special Measures Concerning Taxation, for which the provisions then in force continue to govern pursuant to the provisions of the preceding paragraph, has acquired, manufactured or constructed equipment, etc. for promoting reform of the energy supply and demand structure prescribed in paragraph (1) of that Article, the phrase "Article 68-2" in Article 42-4, paragraph (1), Article 42-5, paragraph (2), Article 42-6, paragraph (2), Article 42-7, paragraph (2), Article 42-8, paragraph (2), Article 42-9, paragraph (1), Article 42-10, paragraph (1), Article 42-11, paragraph (1) and Article 42-12, paragraph (2) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "Article 68-2 and Article 23, paragraph (1) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999)".

①Except for those specified in the following paragraph and paragraph (3), the provisions of Article 42-7 of the New Act on Special Measures Concerning Taxation apply to business base strengthening equipment prescribed in paragraph (1) of that Article that a corporation acquires, manufactures or leases on or after the Effective Date, and the provisions then in force continue to govern business base strengthening equipment prescribed in Article 42-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, manufactured or leased before the Effective Date.

②The provisions of Article 42-7 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (1), item (vi) of that Article) apply to business base strengthening equipment prescribed in that paragraph that a corporation listed in that item acquires, manufactures or leases on or after the date on which the Act on Promotion of Introduction of Sustainable Agricultural Production Practices comes into effect, and the provisions then in force continue to govern business base strengthening equipment prescribed in that paragraph that a corporation listed in Article 42-7, paragraph (1), item (vi) of the Former Act on Special Measures Concerning Taxation acquired, manufactured or leased before that date.

③The provisions of Article 42-7 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (1), item (vii) of that Article) apply to business base strengthening equipment prescribed in that paragraph that a corporation listed in that item acquires, manufactures or leases on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, and the provisions then in force continue to govern business base strengthening equipment prescribed in that paragraph that a corporation listed in Article 42-7, paragraph (1), item (vii) of the Former Act on Special Measures Concerning Taxation acquired, manufactured or leased before that date.

The provisions of Article 42-12 of the New Act on Special Measures Concerning Taxation apply to specified machinery and equipment, etc. prescribed in paragraph (1) of that Article that a corporation acquires, manufactures or leases on or after the Effective Date, and the provisions then in force continue to govern specified machinery and equipment, etc. prescribed in Article 42-12, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, manufactured or leased before the Effective Date.

①The provisions of Article 43, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified equipment, etc. prescribed in that paragraph that a corporation makes an acquisition, etc. (meaning an acquisition, manufacture or construction; the same applies hereinafter in this Article) of on or after the Effective Date, and the provisions then in force continue to govern specified equipment, etc. prescribed in Article 43, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made an acquisition, etc. of before the Effective Date.

②The provisions of Article 43-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified core private facilities prescribed in that paragraph that a corporation acquires or constructs on or after the Effective Date, and the provisions then in force continue to govern specified core private facilities prescribed in Article 43-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or constructed before the Effective Date.

③The provisions of Article 44, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to earthquake disaster prevention assets prescribed in that paragraph that a corporation makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern earthquake disaster prevention assets prescribed in Article 44, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made an acquisition, etc. of before the Effective Date.

④The provisions of Article 44-4, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to equipment for business innovation prescribed in that paragraph that a corporation acquires or manufactures on or after the Effective Date, and the provisions then in force continue to govern equipment for business innovation prescribed in Article 44-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date.

⑤The provisions of Article 44-6, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning items (ii) and (iii) of the table in that paragraph) apply to specified telecommunications equipment, etc. prescribed in that paragraph that a corporation makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern specified telecommunications equipment prescribed in Article 44-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning items (ii) and (iv) of the table in that paragraph) that a corporation made an acquisition, etc. of before the Effective Date.

⑥The provisions then in force continue to govern specified telecommunications equipment prescribed in Article 44-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning item (iii) of the table in that paragraph) that a corporation made an acquisition, etc. of on or before March 31, 1999.

⑦The provisions then in force continue to govern specified telecommunications equipment prescribed in Article 44-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning item (v) of the table in that paragraph) that a corporation made an acquisition, etc. of on or before May 31, 1999.

⑧The provisions of Article 44-7, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to commercial facilities, etc. prescribed in that paragraph that a corporation makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern commercial facilities, etc. prescribed in Article 44-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made an acquisition, etc. of before the Effective Date.

⑨The provisions of Article 45, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to industrial machinery, etc. prescribed in that paragraph that a corporation makes an acquisition, etc. of on or after the Effective Date, and the provisions then in force continue to govern industrial machinery, etc. prescribed in Article 45, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made an acquisition, etc. of before the Effective Date.

⑩The provisions of Article 45-2, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to medical equipment, etc. prescribed in that paragraph that a corporation acquires or manufactures on or after the Effective Date, and the provisions then in force continue to govern medical equipment, etc. prescribed in Article 45-2, paragraph (2) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date.

⑪With regard to the application of the provisions of Article 46, paragraph (1) of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, the phrase "27 percent (or 16 percent, if those assets are fishing vessels specified in item (i))" in that paragraph is deemed to be replaced with "16 percent".

⑫With regard to depreciable assets specified in Article 46, paragraph (1), item (i) of the Former Act on Special Measures Concerning Taxation that are held by a corporation that is a member of a commercial and industrial association, etc. referred to in that item that obtained, before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, the approval referred to in that item for a small and medium sized enterprise structural improvement plan prescribed in that item, the provisions of that Article (limited to the part concerning that item) remain in force. In this case, the phrase "March 31, 1999" in that item is deemed to be replaced with "the day before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999) comes into effect", and the phrase "that Act" is deemed to be replaced with "the Act on Promotion of Modernization of Small and Medium Sized Enterprises".

⑬With regard to the application of the provisions of the preceding paragraph on or after the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises comes into effect, the phrase "'March 31, 1999' in that item is deemed to be replaced with 'the day before the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999)" in that paragraph is deemed to be replaced with "'Article 2 of the Act on Promotion of Modernization of Small and Medium Sized Enterprises' is deemed to be replaced with 'Article 2 of the Act on Promotion of Modernization of Small and Medium Sized Enterprises (Act No. 64 of 1963; hereinafter referred to as "the Former Small and Medium Enterprise Modernization Promotion Act") prior to its repeal pursuant to the provisions of Article 2 of the Supplementary Provisions of the Act on Supporting Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999)', and 'March 31, 1999' is deemed to be replaced with 'the day before the date on which the Act on Supporting Business Innovation of Small and Medium Sized Enterprises", and the phrase "'the Act on Promotion of Modernization of Small and Medium Sized Enterprises'" is deemed to be replaced with "'the Former Small and Medium Enterprise Modernization Promotion Act', and 'Article 4, paragraph (1) of the Act on Promotion of Modernization of Small and Medium Sized Enterprises' is deemed to be replaced with 'Article 4, paragraph (1) of the Former Small and Medium Enterprise Modernization Promotion Act'".

⑭With regard to depreciable assets held by a corporation that is a member of a commercial and industrial association, etc. referred to in Article 20, paragraph (1) of the Act on Special Measures for Okinawa Promotion and Development that obtains, during the period from the Effective Date to December 31, 2001, the approval under that paragraph or paragraph (2) of that Article for a structural improvement plan prescribed in paragraph (1) of that Article, which are specified in Article 46, paragraph (1), item (i) of the Former Act on Special Measures Concerning Taxation, the provisions of that Article (limited to the part concerning that item) remain in force.

⑮With regard to the application of the provisions of Articles 52-2 and 52-3 of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001) in the case where the provisions of paragraph (12) apply, the phrase "or Articles 44-9 through 48" in Article 52-2, paragraph (1) of that Act is deemed to be replaced with "or Articles 44-9 through 48, or Article 46 of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 26, paragraph (12) of the Supplementary Provisions of that Act".

⑯The provisions then in force continue to govern depreciable assets specified in Article 46, paragraph (1), item (ii) of the Former Act on Special Measures Concerning Taxation that are held, in a business year ending on or before June 30, 1999, by a corporation that is a member of a specified association or a specified commercial and industrial association, etc. referred to in that item that obtained the approval referred to in that item for a structural improvement project plan or a structural improvement facilitation plan prescribed in that item.

⑰The provisions of Article 47, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to specified redevelopment buildings, etc. prescribed in that paragraph that a corporation acquires or newly builds on or after the Effective Date, and the provisions then in force continue to govern specified redevelopment buildings, etc. prescribed in Article 47, paragraph (3) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or newly built before the Effective Date.

⑱The provisions of Article 50, paragraph (1) of the New Act on Special Measures Concerning Taxation apply in the case where a corporation pays planting expenses prescribed in that paragraph on or after the Effective Date, and the provisions then in force continue to govern the case where a corporation paid planting expenses prescribed in Article 50, paragraph (1) of the Former Act on Special Measures Concerning Taxation before the Effective Date.

⑲The provisions of Article 52, paragraph (1), item (ii) of the New Act on Special Measures Concerning Taxation apply to contributions specified in that item that a corporation pays on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, and the provisions then in force continue to govern contributions specified in Article 52, paragraph (1), item (ii), (iii) or (viii) of the Former Act on Special Measures Concerning Taxation that a corporation paid before that date.

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

②With regard to shares or equity prescribed in Article 16, paragraph (4) of the Act on Special Measures for Okinawa Promotion and Development that a domestic corporation prescribed in that paragraph acquires during the period from the Effective Date to March 31, 2002, the provisions of Article 55 of the Former Act on Special Measures Concerning Taxation remain in force. In this case, the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) in paragraph (8) of that Article is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name).

③With regard to the calculation of the amount of income for business years beginning on or after the Effective Date of a corporation prescribed in Article 55-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation that holds an amount of reserve for abandonment of offshore oil and gas fields that it set aside pursuant to the provisions of that paragraph in a business year that began before the Effective Date, the provisions of that Article remain in force. In this case, the phrase "March 31, 2000" in that paragraph is deemed to be replaced with "March 31, 2005", the phrase "Article 55-6, paragraph (1)" in paragraph (7) of that Article is deemed to be replaced with "Article 55-6, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 27, paragraph (3) of the Supplementary Provisions of that Act", and the phrase "March 31, 2000" in paragraph (8) of that Article is deemed to be replaced with "March 31, 2005".

④The provisions then in force continue to govern the inclusion in gross profit of the amount of reserve for gas calorific value conversion that a corporation specified by Order of the Ministry of Finance as a large-scale business operator prescribed in Article 56-2, paragraph (1) of the New Act on Special Measures Concerning Taxation set aside, in a business year that began before the Effective Date, pursuant to the provisions of Article 56-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation.

⑤The provisions of Article 56-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a corporation for business years that ended before the Effective Date. In this case, with regard to the application of the provisions of that paragraph in a business year of a corporation that began before the Effective Date and ends on or after the Effective Date, the phrase "130,000 yen" in that paragraph is deemed to be replaced with "150,000 yen".

⑥With regard to the amount of reserve for drought that a corporation prescribed in Article 57-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation set aside pursuant to the provisions of that paragraph in a business year that began before the Effective Date, and the amount of reserve for drought that it sets aside in each business year beginning during the period from the Effective Date to March 31, 2002, the provisions of that Article remain in force. In this case, the phrase "Article 2, paragraph (1), item (vii)" in that paragraph is deemed to be replaced with "Article 2, paragraph (1), item (ix)", the phrase "whichever is lower" is deemed to be replaced with "whichever is lower (or, for a business year beginning during the period from April 1, 1999 to March 31, 2000, the amount equivalent to 75 percent of that lower amount; for a business year beginning during the period from April 1, 2000 to March 31, 2001, the amount equivalent to 50 percent of that lower amount; and for a business year beginning during the period from April 1, 2001 to March 31, 2002, the amount equivalent to 25 percent of that lower amount)", and the phrase "Article 57-2, paragraph (1)" in paragraph (8) of that Article is deemed to be replaced with "Article 57-2, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remains in force pursuant to the provisions of Article 27, paragraph (6) of the Supplementary Provisions of that Act".

The provisions of Article 58 of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a corporation for business years that ended before the Effective Date. In this case, with regard to the application of the provisions of paragraph (1) of that Article in a business year of a corporation that began before the Effective Date and ends on or after the Effective Date, the phrase "included in gross revenue" in that paragraph is deemed to be replaced with "included in gross revenue from overseas transactions involving technology, etc. prescribed in Article 58, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), or", the phrase "12 percent of that revenue" is deemed to be replaced with "6 percent (or 12 percent, for revenue from transactions listed in item (ii) of that paragraph) of the revenue from transactions listed in the items of paragraph (2) of that Article during the period from the first day of that business year to March 31, 1999, and an amount equivalent to 12 percent of the revenue from overseas transactions involving technology, etc. during the period from April 1, 1999 to the end of that business year", and the phrase "amount (where that amount" is deemed to be replaced with "amount, the total of those amounts (where that total".

①The provisions of Article 65-4, paragraph (1), item (iii) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of land, etc. prescribed in that paragraph that a corporation makes on or after January 1, 1999, and the provisions then in force continue to govern corporation tax on a transfer of land, etc. prescribed in Article 65-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made before that date.

②The provisions of Article 65-4, paragraph (1), item (xviii) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of land, etc. prescribed in that paragraph that a corporation makes on or after the Effective Date.

③The provisions then in force continue to govern corporation tax on a transfer of assets listed in the left-hand column of item (xx) of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation or in the left-hand column of item (xxi) of that table that was made before the Effective Date by a corporation listed in (a) of the left-hand column of item (xx) of that table, or in (a) or (c) of the left-hand column of item (xxi) of that table.

④With regard to corporation tax on a transfer of assets listed in the left-hand column of item (xx) of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation listed in (a) of that column makes during the period from the Effective Date to the day on which three years have elapsed from the date on which the corporation obtained the approval referred to in (a) of that column, the provisions of that Article through Article 65-9 (limited to the part concerning (a) of that column) remain in force. In this case, the phrase "until March 31, 1999" in (a) of that column is deemed to be replaced with "until the day before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises (Act No. 18 of 1999) comes into effect"; the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) in Article 65-7, paragraphs (5) and (6) of the Former Act on Special Measures Concerning Taxation is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name); the phrase "the provisions of Article 42-4, paragraphs (2) through (4), Article 42-9 and Article 42-10, and the provisions of Articles 42-5 through 42-8, Articles 42-12 through 45-2 and Articles 46-3 through 50, and the provisions of Article 52-3, paragraph (1) relating to those provisions" in paragraph (7) of that Article is deemed to be replaced with "the provisions listed in the items of Article 53, paragraph (1) of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 15 of 2002) (excluding the provisions of Article 46 and Article 46-2, paragraph (1) of that Act and the provisions of Article 52-3 of that Act relating to those provisions)"; and the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) in Article 65-8, paragraph (7) of the Former Act on Special Measures Concerning Taxation is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name).

⑤With regard to the application of the provisions of the preceding paragraph on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, the phrase 'comes into effect";' in that paragraph is deemed to be replaced with 'comes into effect"; the phrase "Act on Temporary Measures for Facilitating Adaptation to Structural Changes in the Economy through Entry into New Fields, etc. by Specified Small and Medium Sized Enterprises" is deemed to be replaced with "Act on Temporary Measures for Facilitating Adaptation to Structural Changes in the Economy through Entry into New Fields, etc. by Specified Small and Medium Sized Enterprises (Act No. 93 of 1993) prior to its repeal pursuant to the provisions of Article 2 of the Supplementary Provisions of that Act";'.

⑥With regard to the application of the provisions of Article 62-3, Articles 65-3 through 65-5 and Article 65-10 of the New Act on Special Measures Concerning Taxation in the case where the provisions of paragraph (4) apply, the phrase "or Article 64" in Article 62-3, paragraph (9) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with ", Article 64", the phrase "the provisions of Article 66" is deemed to be replaced with "the provisions of Article 66, or the provisions of Articles 65-7 through 65-9 of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation and the Act on Temporary Special Provisions of Acts Related to National Tax, in Relation to Victims, etc. of Hanshin-Awaji Earthquake (Act No. 9 of 1999), which remain in force pursuant to the provisions of Article 29, paragraph (4) of the Supplementary Provisions of that Act (hereinafter referred to as 'the 1999 Former Act')", and the phrase "or the provisions of Article 65-14, paragraph (4)" is deemed to be replaced with "or the provisions of Article 65-14, paragraph (4), or the provisions of Article 65-7, paragraph (4) of the 1999 Former Act (including as applied mutatis mutandis pursuant to Article 65-8, paragraph (6) of the 1999 Former Act) or Article 65-8, paragraph (3) or (4) of the 1999 Former Act"; the phrase "through Article 65-9" in Article 65-3, paragraph (1), Article 65-4, paragraph (1) and Article 65-5, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "through Article 65-9, or Articles 65-7 through 65-9 of the 1999 Former Act"; and the phrase "or the preceding three Articles" in the items of Article 65-10, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "or the preceding three Articles, or Articles 65-7 through 65-9 of the 1999 Former Act".

⑦The provisions of item (xxiii) of the table in Article 65-7, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets listed in the left-hand column of that item that a corporation makes on or after the Effective Date, and the provisions then in force continue to govern corporation tax on a transfer of assets listed in the left-hand column of item (xxiii) of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made before the Effective Date.

⑧The provisions of Article 65-11, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to corporation tax on an exchange or transfer of land, etc. prescribed in that paragraph that a corporation makes on or after January 1, 1999, and the provisions then in force continue to govern corporation tax on an exchange or transfer of land, etc. prescribed in Article 65-11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made before that date.

The provisions of Article 66-10, paragraph (1), item (ii) of the New Act on Special Measures Concerning Taxation apply to fixed assets specified in that item that an association, etc. or a specified association, etc. listed in that item acquires or manufactures on or after the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect, and the provisions then in force continue to govern fixed assets specified in those provisions that a commercial and industrial association, etc. listed in Article 66-10, paragraph (1), item (ii) of the Former Act on Special Measures Concerning Taxation, a specified association or a specified commercial and industrial association, etc. listed in item (iii) of that paragraph, or an association, etc. listed in item (viii) of that paragraph acquired or manufactured before that date.

The provisions of Article 66-12, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the amount of loss due to equipment disposal referred to in that paragraph relating to a disposal of equipment that a corporation carries out on or after the Effective Date, and the provisions then in force continue to govern the amount of loss due to equipment disposal prescribed in Article 66-12, paragraph (1) of the Former Act on Special Measures Concerning Taxation relating to a disposal of equipment that a corporation carried out before the Effective Date.

①The provisions of Article 66-14 of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (i) of that Article) apply to the amount of loss prescribed in that Article incurred in a business year of a corporation ending on or after the Effective Date.

②The provisions then in force continue to govern the amount of loss prescribed in Article 66-14 of the Former Act on Special Measures Concerning Taxation incurred in a business year of a corporation ending before the date on which the Act on Support for Business Innovation of Small and Medium Sized Enterprises comes into effect.

The provisions of Articles 67-9-2 through 67-9-4 of the New Act on Special Measures Concerning Taxation apply to corporation tax on a conveyance or transfer prescribed in those provisions that a corporation makes on or after the date on which the Act Partially Amending the Commercial Code, etc. (Act No. 125 of 1999) comes into effect.

The provisions of Article 67-12, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer prescribed in that paragraph that a corporation makes on or after the Effective Date, and the provisions then in force continue to govern corporation tax on a transfer prescribed in Article 67-12, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation made before the Effective Date.

①The provisions of Article 68, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to interest prescribed in that paragraph that is received by a foreign corporation and the first day of whose calculation period is on or after September 1, 1999.

②The provisions then in force continue to govern redemption gains prescribed in Article 68, paragraph (2) of the Former Act on Special Measures Concerning Taxation that a foreign corporation receives with respect to discount bonds prescribed in that paragraph that were issued before the Effective Date.

①The provisions of Article 69-3 of the New Act on Special Measures Concerning Taxation apply to inheritance tax on small-scale residential land, etc. prescribed in paragraph (1) of that Article 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 January 1, 1999, and the provisions then in force continue to govern inheritance tax on small-scale residential land, etc. prescribed in Article 69-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquired through inheritance or bequest before that date.

②The provisions of Article 70-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to gift tax on property acquired through a gift (excluding a gift that takes effect upon the death of the donor; the same applies hereinafter in this paragraph) on or after January 1, 1999, and the provisions then in force continue to govern gift tax on property acquired through a gift before that date.

①The provisions of Article 77 of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of transfer or creation of ownership of farmland, grassland for pasture or quasi-farmland prescribed in that Article, or of superficies rights, farming rights or rights of lease existing on that farmland or grassland for pasture, acquired through a gift prescribed in that Article made on or after January 1, 2000, and the provisions then in force continue to govern registration and license tax on the registration of transfer or creation of ownership of farmland, grassland for pasture or quasi-farmland prescribed in Article 77 of the Former Act on Special Measures Concerning Taxation, or of superficies rights, farming rights or rights of lease existing on that farmland or grassland for pasture, acquired through a gift prescribed in that Article made before that date.

②With regard to the registration of transfer of ownership of land in the case where a person engaged in agriculture prescribed in the left-hand column of item (iii) of the table in Article 77-3 of the Former Act on Special Measures Concerning Taxation has, by March 31, 2001, acquired land prescribed in that column through a project for promoting the transfer of ownership, etc. of agricultural and forest land prescribed in that column and has used that land for the agriculture of that person, the provisions of that Article remain in force. In this case, the phrase "March 31, 1999" in that Article is deemed to be replaced with "March 31, 2001", and the phrase "大蔵省令" (Order of the Ministry of Finance, under the Ministry's name before 2001) is deemed to be replaced with "財務省令" (Order of the Ministry of Finance, under its present name).

③The provisions then in force continue to govern registration and license tax on the registration of preservation of ownership prescribed in Article 79, paragraph (3) of the Former Act on Special Measures Concerning Taxation and the registration of creation of a mortgage prescribed in paragraph (4) of that Article concerning international ships prescribed in paragraph (3) of that Article that were newly built before the Effective Date.

④The provisions of Article 80, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of the matters listed in the items of that paragraph relating to an approval prescribed in that paragraph (limited to an approval under the provisions of the Business Innovation Act prescribed in that paragraph) given on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of the matters listed in the items of Article 80, paragraph (1) of the Former Act on Special Measures Concerning Taxation relating to an approval prescribed in that paragraph (limited to an approval under the provisions of the Act on Temporary Measures for Facilitating Business Innovation by Specified Business Operators (Act No. 61 of 1995)) given before the Effective Date.

⑤The provisions of Article 83-7 of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of transfer of a pledge or mortgage in the case where a specific purpose company prescribed in that Article acquires a nominative monetary claim prescribed in that Article on or after the Effective Date.

⑥The provisions of Article 84-4 of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of real property prescribed in that Article that is received on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of real property prescribed in Article 84-4 of the Former Act on Special Measures Concerning Taxation that was received before the Effective Date.

①The provisions then in force continue to govern tobacco tax that was imposed, or should have been imposed, before May 1, 1999.

②In the case where a specified seller prescribed in Article 11, paragraph (2) of the Tobacco Tax Act (Act No. 72 of 1984) or a wholesale seller prescribed in Article 27, paragraph (2) of that Act has, during the period from April 1, 1999 to April 30, 1999, brought manufactured tobacco that was taken out of a bonded area before May 1, 1999 into a place approved by the Commissioner of the National Tax Agency as specified by Cabinet Order, the provisions of that Act and of the Act on Special Measures for Securing Necessary Financial Resources Incidental to Transfer of Debts to General Account (Act No. 137 of 1998) apply to that manufactured tobacco by deeming that specified seller or wholesale seller to be the manufacturer of manufactured tobacco for that manufactured tobacco, deeming that approved place to be the manufacturing site of that manufactured tobacco, and deeming that bringing in to be a return of that manufactured tobacco to the manufacturing site.

③If an application for the approval referred to in the preceding paragraph has been filed, and there are circumstances in which the place relating to that application is found to be inappropriate for securing tobacco tax and special tobacco tax, the Commissioner of the National Tax Agency may decline to grant that approval.

④The provisions then in force continue to govern the application of penal provisions to acts committed before May 1, 1999, and to acts committed on or after that date concerning tobacco tax that continues to be governed by the provisions then in force pursuant to the provisions of paragraph (1).

①The provisions then in force continue to govern aviation fuel tax that was imposed, or should have been imposed, before July 1, 1999 (hereinafter referred to as the "designated day" in this Article).

②If, at the time when an aircraft that is an aircraft on an Okinawa route prescribed in Article 90-8, paragraph (1) of the New Act on Special Measures Concerning Taxation first navigates on or after the designated day, there is aviation fuel present in that aircraft on which aviation fuel tax was imposed, or should have been imposed, at the tax rate prescribed in Article 90-8, paragraph (1) of the Former Act on Special Measures Concerning Taxation, that aviation fuel is deemed to have been unloaded from that aircraft at that time at the place where that aircraft is present, and aviation fuel on which aviation fuel tax should be imposed at the tax rate prescribed in Article 90-8, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to have been loaded onto that aircraft. In this case, necessary matters concerning the application of the provisions of the Aviation Fuel Tax Act (Act No. 7 of 1972) to that aviation fuel are specified by Cabinet Order.

③If, at the time when an aircraft that is a general domestic aircraft prescribed in Article 90-8, paragraph (2) of the New Act on Special Measures Concerning Taxation first navigates on or after the designated day, there is aviation fuel present in that aircraft on which aviation fuel tax was imposed, or should have been imposed, at the tax rate prescribed in Article 90-8, paragraph (1) of the Former Act on Special Measures Concerning Taxation, that aviation fuel is deemed to have been unloaded from that aircraft at that time at the place where that aircraft is present, and aviation fuel on which aviation fuel tax should be imposed at the tax rate prescribed in Article 11 of the Aviation Fuel Tax Act is deemed to have been loaded onto that aircraft. In this case, necessary matters concerning the application of the provisions of that Act to that aviation fuel are specified by Cabinet Order.

④If, at the time when an aircraft that is an aircraft on a specified remote island route prescribed in Article 90-9, paragraph (1) of the New Act on Special Measures Concerning Taxation first navigates on or after the designated day, there is aviation fuel present in that aircraft on which aviation fuel tax was imposed, or should have been imposed, at the tax rate prescribed in Article 90-8, paragraph (1) of the Former Act on Special Measures Concerning Taxation, that aviation fuel is deemed to have been unloaded from that aircraft at that time at the place where that aircraft is present, and aviation fuel on which aviation fuel tax should be imposed at the tax rate prescribed in Article 90-9, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to have been loaded onto that aircraft. In this case, necessary matters concerning the application of the provisions of the Aviation Fuel Tax Act to that aviation fuel are specified by Cabinet Order.

⑤The provisions then in force continue to govern the application of penal provisions to acts committed before the designated day, and to acts committed on or after the designated day concerning aviation fuel tax for which the provisions then in force continue to govern pursuant to the provisions of paragraph (1).

①The provisions then in force continue to govern aviation fuel tax that was imposed, or should have been imposed, before the Effective Date.

②If, at the time when an aircraft that is an aircraft on a specified remote island route prescribed in Article 90-9, paragraph (1) of the New Act on Special Measures Concerning Taxation first navigates on or after the Effective Date, there is aviation fuel present in that aircraft on which aviation fuel tax was imposed, or should have been imposed, at the tax rate prescribed in Article 11 of the Aviation Fuel Tax Act or the tax rate prescribed in Article 90-8, paragraph (1) of the Former Act on Special Measures Concerning Taxation, that aviation fuel is deemed to have been unloaded from that aircraft at that time at the place where that aircraft is present, and aviation fuel on which aviation fuel tax should be imposed at the tax rate prescribed in Article 90-9, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to have been loaded onto that aircraft. In this case, necessary matters concerning the application of the provisions of the Aviation Fuel Tax Act to that aviation fuel are specified by Cabinet Order.

③The provisions then in force continue to govern the application of penal provisions to acts committed before the Effective Date, and to acts committed on or after the Effective Date concerning aviation fuel tax that continues to be governed by the provisions then in force pursuant to the provisions of paragraph (1).

①The provisions of Chapter VII of the New Act on Special Measures Concerning Taxation apply to the portion of interest tax, etc. prescribed in Article 96 of the New Act on Special Measures Concerning Taxation that corresponds to the period on or after January 1, 2000, and the provisions then in force continue to govern the portion of that interest tax, etc. that corresponds to the period before that date.

②With regard to the portion of interest tax corresponding to the period on or after January 1, 2000 that pertains to an amount of inheritance tax for which the district director granted permission for payment in installments pursuant to the provisions of Article 38, paragraph (1) or Article 43, paragraph (5) of the Inheritance Tax Act (Act No. 73 of 1950) before that date (limited to an amount to which the provisions of Article 18, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 10 of 1993; hereinafter referred to as the "1993 Amendment Act" in this paragraph), Article 19, paragraph (18) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1991; hereinafter referred to as the "1991 Amendment Act" in this paragraph) or Article 76, paragraph (3) of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 109 of 1988; hereinafter referred to as the "1988 Amendment Act" in this paragraph) apply), the district director is to calculate it in accordance with the provisions of Article 93, paragraph (2) of the New Act on Special Measures Concerning Taxation, notwithstanding the provisions of Article 18, paragraph (2) of the Supplementary Provisions of the 1993 Amendment Act, Article 19, paragraph (18) of the Supplementary Provisions of the 1991 Amendment Act and Article 76, paragraph (3) of the Supplementary Provisions of the 1988 Amendment Act.