This Act comes into effect as of April 1, 2001; provided, however, that the provisions listed in the following items come into effect as of the day specified in each of those items:

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 2001 and subsequent years, and with regard to income tax for 2000 and earlier years, the provisions then in force continue to govern.

With regard to dividends and similar income listed in Article 8-5, paragraph (1), item (i) 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") that an individual is to receive before April 1, 2001, the provisions then in force continue to govern.

The provisions of Article 9 of the New Act on Special Measures Concerning Taxation apply to an individual's dividend income prescribed in Article 2, paragraph (1), item (vii) of the New Act on Special Measures Concerning Taxation for 2002 and subsequent years, and with regard to an individual's dividend income for 2001 and earlier years, the provisions then in force continue to govern.

①With regard to the amount of deemed dividends prescribed in Article 9-5, paragraph (3) of the Former Act on Special Measures Concerning Taxation in the case where a listed company, etc. prescribed in that paragraph retired shares using profits before April 1, 2001, the provisions then in force continue to govern.

②With regard to the amount that is deemed to be the amount of dividends of profit prescribed in Article 9-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to a retirement of shares carried out by a stock company before April 1, 2001, and that is deemed to have been delivered by that stock company to its shareholders at the time of that retirement, the provisions then in force continue to govern.

With regard to the amount deemed to be the amount of distribution of surplus prescribed in Article 9-8 of the Former Act on Special Measures Concerning Taxation in the case where a domestic corporation received money or other assets through a merger listed in any of the items of that Article that was carried out before April 1, 2001, the provisions then in force continue to govern.

The provisions of Article 10-4 of the New Act on Special Measures Concerning Taxation apply to business base strengthening equipment prescribed in paragraph (1) of that Article that an individual acquires or manufactures, or leases, on or after the date on which this Act comes into effect (hereinafter referred to as "the Effective Date"), and with regard to business base strengthening equipment prescribed in Article 10-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured, or leased, before the Effective Date, the provisions then in force continue to govern.

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

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

③With regard to technological innovation equipment prescribed in Article 11-3, paragraph (2) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

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

⑤The provisions of Article 12, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to industrial machinery, etc. prescribed in that paragraph of which an individual makes an acquisition, etc. on or after the Effective Date, and with regard to industrial machinery, etc. prescribed in Article 12, paragraph (1) of the Former Act on Special Measures Concerning Taxation (excluding the part concerning items (vi) through (viii) of the table in that paragraph) of which an individual made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑥With regard to industrial machinery, etc. prescribed in Article 12, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning items (vi) through (viii) of the table in that paragraph) of which an individual makes an acquisition, etc. by November 12, 2001, the provisions of that Article (limited to the part concerning those items) remain in force.

⑦With regard to the application of the provisions of Article 37-3 of the Act on Special Measures Concerning Taxation prior to the amendment by 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" in this paragraph) (hereinafter referred to as "the 1999 Former Act" in this paragraph), which remain in force pursuant to the provisions of Article 14, paragraph (6) of the Supplementary Provisions of the 1999 Amendment Act, and the provisions of Article 37-3 of the Act on Special Measures Concerning Taxation prior to the amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 132 of 1999; hereinafter referred to as the "1999 Measures Amendment Act" in this paragraph) (hereinafter referred to as "the 1999 Former Measures Act" in this paragraph), which remain in force pursuant to the provisions of Article 3, paragraph (2) of the Supplementary Provisions of the 1999 Measures Amendment Act, in the case where the provisions of the preceding paragraph apply, the phrase "through Article 16" in Article 37-3, paragraph (3) of the 1999 Former Act, which remains in force pursuant to the provisions of Article 14, paragraph (6) of the Supplementary Provisions of the 1999 Amendment Act, and in Article 37-3, paragraph (3) of the 1999 Former Measures Act, which remains in force pursuant to the provisions of Article 3, paragraph (2) of the Supplementary Provisions of the 1999 Measures Amendment Act, is deemed to be replaced with "through Article 16, and Article 12, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001) (limited to the part concerning items (vi) through (viii) of the table in that paragraph), which remains in force pursuant to the provisions of Article 8, paragraph (6) of the Supplementary Provisions of that Act".

⑧The 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 with regard to 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, the provisions then in force continue to govern.

⑨With regard to specified information and communications equipment prescribed in Article 12-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

⑩The provisions of Article 13, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to equipment for persons with disabilities, etc. prescribed in that paragraph that an individual acquires or manufactures on or after the Effective Date, and with regard to equipment for persons with disabilities, etc. prescribed in Article 13, paragraph (3) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

⑪The provisions of Article 14-2, paragraph (1) 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 with regard to specified redevelopment buildings, etc. prescribed in Article 14, paragraph (2) of the Former Act on Special Measures Concerning Taxation that an individual acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑫The provisions of Article 14-2, paragraph (2), item (i) of the New Act on Special Measures Concerning Taxation apply to buildings listed in that item that an individual acquires or newly builds on or after the Effective Date, and with regard to buildings listed in Article 14, paragraph (3), item (i) of the Former Act on Special Measures Concerning Taxation that an individual acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑬With regard to buildings listed in Article 14, paragraph (3), item (iii) of the Former Act on Special Measures Concerning Taxation that an individual acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑭With regard to contributions specified in Article 18, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation that an individual paid before the Effective Date, the provisions then in force continue to govern.

The provisions of Articles 20-2 and 21 of the New Act on Special Measures Concerning Taxation apply to income tax for 2002 and subsequent years, and with regard to income tax for 2001 and earlier years, the provisions then in force continue to govern.

The provisions of Article 28-2, paragraph (1), item (v) of the New Act on Special Measures Concerning Taxation apply to contributions listed in that item that an individual pays on or after the Effective Date, and with regard to contributions listed in Article 28-2, paragraph (1), item (v) of the Former Act on Special Measures Concerning Taxation that an individual paid before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 33, paragraph (3), item (ii) of the New Act on Special Measures Concerning Taxation apply to compensation that an individual acquires in connection with a disposition referred to in that item that is made on or after the Effective Date.

②The provisions of Article 33-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to transfers of land, etc. prescribed in that paragraph that an individual makes on or after January 1, 2001, and with regard to transfers of land, etc. prescribed in Article 33-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual made before that date, the provisions then in force continue to govern.

③The provisions of Article 34-2, paragraph (2), item (xxi) of the New Act on Special Measures Concerning Taxation apply to transfers of land, etc. prescribed in paragraph (1) of that Article that an individual makes on or after January 1, 2001.

④The provisions of Article 37 of the New Act on Special Measures Concerning Taxation (limited to the part concerning items (iv) and (ix) of the table in paragraph (1) of that Article) apply to transfers of assets listed in the left-hand column of items (iv) and (ix) of that table that an individual makes on or after the Effective Date, and with regard to transfers of assets listed in the left-hand column of items (iv) and (ix) 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, the provisions then in force continue to govern.

⑤With regard to transfers of assets listed in the left-hand column of items (xi) and (xx) 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, the provisions then in force continue to govern.

The provisions of Article 37-10, paragraph (4) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to Article 37-12, paragraph (4) of the New Act on Special Measures Concerning Taxation) apply to the amounts listed in the items of Article 37-10, paragraph (4) of the New Act on Special Measures Concerning Taxation that are delivered due to the events prescribed in those items that occur on or after April 1, 2001, and with regard to the amounts listed in the items of Article 37-10, paragraph (4) of the Former Act on Special Measures Concerning Taxation that are received due to the events prescribed in those items that occurred before that date, the provisions then in force continue to govern.

The provisions of Article 40, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to delinquent tax pertaining to a revocation prescribed in that paragraph that is made on or after the Effective Date.

The provisions of Article 40-5, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the facts listed in the items of that paragraph that occur on or after April 1, 2001 with regard to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph, and with regard to the facts listed in the items of Article 40-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation that occurred before that date with regard to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph, the provisions then in force continue to govern.

With 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) in the case where the provisions of Article 4, Article 5, paragraph (1), Article 7, Article 11 or Article 12 of the Supplementary Provisions apply, the phrase "provisions, and" in Article 2, item (iii) of that Act is deemed to be replaced with "provisions, the provisions of Article 4, Article 5, paragraph (1), Article 7, Article 11 and Article 12 of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001), and".

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 with regard to corporation tax of a corporation for business years that began before the Effective Date, the provisions then in force continue to govern.

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

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

②The provisions of Article 43-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to research facilities prescribed in that paragraph of which a corporation makes an acquisition, etc. on or after the Effective Date, and with regard to research facilities prescribed in Article 43-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

③The 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 with regard to 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, the provisions then in force continue to govern.

④The 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 of which a corporation makes an acquisition, etc. on or after the Effective Date, and with regard to earthquake disaster prevention assets prescribed in Article 44, paragraph (1) of the Former Act on Special Measures Concerning Taxation of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑤With regard to high-technology industrial equipment prescribed in Article 44-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑥With regard to technological innovation equipment prescribed in Article 44-4, paragraph (2) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

⑦The provisions of Article 44-6, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified telecommunications equipment, etc. prescribed in that paragraph of which a corporation makes an acquisition, etc. on or after the Effective Date, and with regard to specified telecommunications equipment, etc. prescribed in Article 44-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑧The provisions of Article 45, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to industrial machinery, etc. prescribed in that paragraph of which a corporation makes an acquisition, etc. on or after the Effective Date, and with regard to industrial machinery, etc. prescribed in Article 45, paragraph (1) of the Former Act on Special Measures Concerning Taxation (excluding the part concerning items (vi) through (viii) of the table in that paragraph) of which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

⑨With regard to industrial machinery, etc. prescribed in Article 45, paragraph (1) of the Former Act on Special Measures Concerning Taxation (limited to the part concerning items (vi) through (viii) of the table in that paragraph) of which a corporation makes an acquisition, etc. by November 12, 2001, the provisions of that Article (limited to the part concerning those items) remain in force.

⑩With regard to the application of the provisions of Articles 52-2 and 52-3 of the New Act on Special Measures Concerning Taxation, the provisions of Article 65-7 of the Act on Special Measures Concerning Taxation prior to the amendment by 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" in this paragraph) (hereinafter referred to as "the 1999 Former Act" in this paragraph), which remain in force pursuant to the provisions of Article 29, paragraph (4) of the Supplementary Provisions of the 1999 Amendment Act (including as applied mutatis mutandis pursuant to Article 65-8, paragraph (7) of the 1999 Former Act, which remains in force pursuant to the provisions of Article 29, paragraph (4) of the Supplementary Provisions of the 1999 Amendment Act), and the provisions of Article 65-7 of the Act on Special Measures Concerning Taxation prior to the amendment by the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 132 of 1999; hereinafter referred to as the "1999 Measures Amendment Act" in this paragraph) (hereinafter referred to as "the 1999 Former Measures Act" in this paragraph), which remain in force pursuant to the provisions of Article 5, paragraph (2) of the Supplementary Provisions of the 1999 Measures Amendment Act (including as applied mutatis mutandis pursuant to Article 65-8, paragraph (7) of the 1999 Former Measures Act, which remains in force pursuant to the provisions of Article 5, paragraph (2) of the Supplementary Provisions of the 1999 Measures Amendment Act), in the case where the provisions of the preceding paragraph apply, the phrase "or Articles 43 through 48" in Article 52-2, paragraph (1) of the New Act on Special Measures Concerning Taxation is deemed to be replaced with "or Articles 43 through 48, or Article 45, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001) (limited to the part concerning items (vi) through (viii) of the table in that paragraph), which remains in force pursuant to the provisions of Article 18, paragraph (9) of the Supplementary Provisions of that Act", and the phrase "through Article 50" in Article 65-7, paragraph (7) of the 1999 Former Act, which remains in force pursuant to the provisions of Article 29, paragraph (4) of the Supplementary Provisions of the 1999 Amendment Act, and in Article 65-7, paragraph (7) of the 1999 Former Measures Act, which remains in force pursuant to the provisions of Article 5, paragraph (2) of the Supplementary Provisions of the 1999 Measures Amendment Act, is deemed to be replaced with "through Article 50, and Article 45, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001) (limited to the part concerning items (vi) through (viii) of the table in that paragraph), which remains in force pursuant to the provisions of Article 18, paragraph (9) of the Supplementary Provisions of that Act".

⑪With regard to specified information and communications equipment prescribed in Article 45-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

⑫The provisions of Article 45-3, paragraph (1) 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 with regard to 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, the provisions then in force continue to govern.

⑬The provisions of Article 45-3, paragraph (3) of the New Act on Special Measures Concerning Taxation apply where a corporation receives a transfer of specified medical buildings prescribed in that paragraph through a qualified merger, qualified company split, qualified capital contribution in kind or qualified post-formation acquisition of assets prescribed in that paragraph that is carried out on or after April 1, 2001.

⑭The provisions of Article 46-2, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to equipment for persons with disabilities, etc. prescribed in that paragraph that a corporation acquires or manufactures on or after the Effective Date, and with regard to equipment for persons with disabilities, etc. prescribed in Article 46-2, paragraph (2) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

⑮The provisions of Article 47, paragraph (2) of the New Act on Special Measures Concerning Taxation apply where a corporation receives a transfer of good-quality rental housing prescribed in that paragraph through a qualified merger, qualified company split, qualified capital contribution in kind or qualified post-formation acquisition of assets prescribed in that paragraph that is carried out on or after April 1, 2001.

⑯The provisions of Article 47-2, paragraph (1) 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 with regard to specified redevelopment buildings, etc. prescribed in Article 47, paragraph (2) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑰The provisions of Article 47-2, paragraph (2) of the New Act on Special Measures Concerning Taxation apply where a corporation receives a transfer of specified redevelopment buildings, etc. prescribed in that paragraph through a qualified merger, etc. prescribed in that paragraph that is carried out on or after April 1, 2001.

⑱The provisions of Article 47-2, paragraph (3), item (i) of the New Act on Special Measures Concerning Taxation apply to buildings listed in that item that a corporation acquires or newly builds on or after the Effective Date, and with regard to buildings listed in Article 47, paragraph (3), item (i) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑲With regard to buildings listed in Article 47, paragraph (3), item (iii) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or newly built before the Effective Date, the provisions then in force continue to govern.

⑳The provisions of Article 48, paragraph (2) of the New Act on Special Measures Concerning Taxation apply where a corporation receives a transfer of warehouse buildings, etc. prescribed in that paragraph through a qualified merger, etc. prescribed in that paragraph that is carried out on or after April 1, 2001.

（二十一）The provisions of Article 50, paragraph (1) of the New Act on Special Measures Concerning Taxation apply where a corporation pays planting expenses prescribed in that paragraph on or after the Effective Date, and with regard to cases 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, the provisions then in force continue to govern.

（二十二）With regard to contributions specified in Article 52, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation that a corporation paid before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 52-2, paragraph (4) of the New Act on Special Measures Concerning Taxation apply where a corporation receives a transfer of an asset subject to special depreciation prescribed in that paragraph through a qualified merger, etc. prescribed in that paragraph that is carried out on or after April 1, 2001.

①The provisions of Article 52-3 of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years beginning on or after April 1, 2001, and with regard to corporation tax of a corporation for business years that began before that date, the provisions then in force continue to govern, except in the cases provided for in the following paragraph through paragraph (22); provided, however, that the provisions of the second sentence of paragraph (15), paragraph (16), the second sentence of paragraph (17), paragraph (19), the second sentence of paragraph (20), paragraph (22), the second sentence of paragraph (23) and paragraph (25) of that Article apply to corporation tax of a merging corporation, successor corporation in a company split, corporation receiving a capital contribution in kind or transferee corporation in a post-formation acquisition prescribed in those provisions for business years ending on or after that date.

②Where the amount included in deductible expenses pursuant to the provisions of Article 52-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation in each business year that began before April 1, 2001 is less than the special depreciation limit referred to in that paragraph, if a corporation, in each business year that ends within one year after the day following the end of the business year in which the provisions of that paragraph were applied (limited to business years beginning on or after April 1, 2001, and limited to the case where the corporation has continuously filed blue returns up to each of those business years), sets aside an amount not exceeding the amount of the shortfall (where any part of that amount has already been included in deductible expenses pursuant to the provisions of paragraph (2) of that Article or the provisions of this paragraph, the amount obtained by deducting that amount) as a reserve for special depreciation through accounting as an expense or loss, the amount so set aside is included in deductible expenses in calculating the amount of income for that business year.

③Where, as of the end of each business year ending on or after April 1, 2001 of a corporation to which the provisions of Article 52-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation or the provisions of the preceding paragraph have been applied, there is an amount of the reserve for special depreciation carried forward from the preceding business year (where there is an amount that has been, or has come to be required to be, included in gross profit pursuant to the provisions of paragraph (5) of that Article or the following paragraph by that day, or an amount included in gross profit pursuant to the provisions of paragraph (4) of that Article or the provisions of this paragraph by the end of the preceding business year, the amount obtained by deducting those amounts; the same applies hereinafter in this Article), then, with regard to that amount of the reserve for special depreciation, for each of the amounts into which it is divided by the business year in which it was set aside, the amount equivalent to the amount calculated by multiplying the amount included in deductible expenses pursuant to the provisions of Article 52-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation or the provisions of the preceding paragraph in calculating the amount of income for the business year in which that divided amount was set aside by the number of months in each of those business years and dividing the result by 84 (where the calculated amount exceeds that divided amount, that divided amount) is included in gross profit in calculating the amount of income for each of those business years, respectively.

④If a corporation prescribed in the preceding paragraph comes to fall under any of the cases listed in the following items on or after April 1, 2001 (excluding the case where it has transferred all of its depreciable assets (meaning depreciable assets prescribed in Article 2, paragraph (2), item (xxv) of the New Act on Special Measures Concerning Taxation; the same applies hereinafter in this Article) through a qualified merger, qualified company split, qualified capital contribution in kind or qualified post-formation acquisition of assets (meaning a qualified merger, qualified company split, qualified capital contribution in kind or qualified post-formation acquisition of assets prescribed in item (xi), (xiv), (xvii) or (xviii) of that paragraph, respectively; the same applies hereinafter in this Article)), the amount equivalent to the amount specified in the relevant item is included in gross profit in calculating the amount of income for the business year that includes the day on which it came to fall under that case (in the case listed in item (ii), the business year that includes the day before the date of the merger or company split by split-off (meaning a company split by split-off prescribed in item (xii) of that paragraph; the same applies hereinafter in this paragraph)). In this case, in the case listed in item (iii), the amounts into which the amount of the reserve for special depreciation prescribed in that item is divided by the business year in which it was set aside are to be included in gross profit in order, starting from the one set aside in the earliest business year.

⑤The number of months referred to in paragraph (3) is calculated according to the calendar, and a fraction of less than one month is counted as one month.

⑥The provisions of paragraph (2) apply only if a written statement of the shortfall prescribed in paragraph (2) is attached to the final return prescribed in Article 2, item (xxxi) of the Corporation Tax Act for each business year on or after the business year in which the provisions of Article 52-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation were applied, and the tax return, etc. prescribed in Article 2, paragraph (2), item (xxvii) of the New Act on Special Measures Concerning Taxation for the business year for which the application of the provisions of paragraph (2) is sought contains a statement regarding the inclusion in deductible expenses of the amount set aside as a reserve for special depreciation and has attached to it a written statement concerning the calculation of the amount so set aside.

⑦Where a corporation that may apply the provisions of Article 42-5, paragraph (1), Article 42-6, paragraph (1), Article 42-7, paragraph (1), Article 42-8, paragraph (1), Article 42-12, paragraph (1) or Articles 43 through 48 of the Former Act on Special Measures Concerning Taxation (hereinafter referred to as the "former provisions on special depreciation" in this paragraph) in the business year ending first on or after April 1, 2001 transfers depreciable assets prescribed in the former provisions on special depreciation (hereinafter referred to as an "asset subject to the former special depreciation" in this Article) through a qualified company split by spin-off (meaning a qualified company split by spin-off prescribed in Article 2, paragraph (2), item (xvi) of the New Act on Special Measures Concerning Taxation), qualified capital contribution in kind or qualified post-formation acquisition of assets (hereinafter referred to as a "qualified company split by spin-off, etc." in this Article) carried out on or after that date, if, in lieu of applying the former provisions on special depreciation, it sets aside an amount not exceeding the special depreciation limit prescribed in the former provisions on special depreciation as a reserve for special depreciation, treating the time immediately before that qualified company split by spin-off, etc. as the end of that business year, the amount so set aside is included in deductible expenses in calculating the amount of income for that business year.

⑧Where the amount included in deductible expenses pursuant to the provisions of Article 52-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation in each business year that began before April 1, 2001 is less than the special depreciation limit referred to in that paragraph, and a corporation transfers an asset subject to the former special depreciation through a qualified company split by spin-off, etc. carried out on or after April 1, 2001 in each business year that ends within one year after the day following the end of the business year in which the provisions of that paragraph were applied (limited to the case where the corporation has continuously filed blue returns up to each of those business years), if the corporation, treating the time immediately before that qualified company split by spin-off, etc. as the end of that business year, sets aside an amount not exceeding the amount of the shortfall (where any part of that amount has already been included in deductible expenses pursuant to the provisions of paragraph (2) of that Article or this paragraph, the amount obtained by deducting that amount) as a reserve for special depreciation, the amount so set aside is included in deductible expenses in calculating the amount of income for that business year.

⑨Where, in the business year in which a corporation applies the provisions of the preceding two paragraphs, the amount set aside as a reserve for special depreciation pertains to the provisions of Article 45-2, paragraph (3), Article 46, Article 46-2, paragraph (1) or Articles 46-3 through 48 of the Former Act on Special Measures Concerning Taxation, the portion of the amount so set aside up to the special depreciation limit prescribed in those provisions is deemed to have been set aside first under the provisions of paragraph (7).

⑩The provisions of paragraphs (7) and (8) apply only if the corporation prescribed in those provisions submits a document stating the amount of the reserve for special depreciation under those provisions and other matters specified by Order of the Ministry of Finance to the district director having jurisdiction over its place for tax payment within two months after the date of the qualified company split by spin-off, etc.

⑪Where a corporation that has set aside a reserve for special depreciation under Article 52-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation or paragraph (2) transfers depreciable assets to a merging corporation through a qualified merger carried out on or after April 1, 2001, the amount of the reserve for special depreciation immediately before that qualified merger is to be taken over by that merging corporation. In this case, the amount of the reserve for special depreciation taken over by that merging corporation is deemed to be the amount of the reserve for special depreciation held by that merging corporation as of the date of that qualified merger.

⑫With regard to the application of the provisions of paragraph (3) for the business year of the merging corporation prescribed in the preceding paragraph that includes the date of that qualified merger, the amount of the reserve for special depreciation carried forward from the preceding business year prescribed in that paragraph is to include the amount of the reserve for special depreciation deemed to be held by that merging corporation pursuant to the provisions of the preceding paragraph. In this case, where that merging corporation is the corporation surviving the merger, with regard to the amount of the reserve for special depreciation deemed to be held by it, the phrase "the number of months in each of those business years" in paragraph (3) is deemed to be replaced with "the number of months in the period from the date of that qualified merger to the end of the business year that includes that date".

⑬Where a corporation that has set aside a reserve for special depreciation under Article 52-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation or paragraph (2), (7) or (8) falls under a case specified by Cabinet Order as a case where it has transferred an asset subject to the former special depreciation to a successor corporation in a company split through a qualified company split (including the case where it has transferred all of its depreciable assets through that qualified company split), the amount calculated pursuant to the provisions of Cabinet Order as pertaining to the asset subject to the former special depreciation so transferred, out of the amount of the reserve for special depreciation immediately before that qualified company split (where it has transferred all of its depreciable assets through that qualified company split, the amount of the reserve for special depreciation immediately before that qualified company split), is to be taken over by that successor corporation in a company split. In this case, the amount of the reserve for special depreciation taken over by that successor corporation in a company split is deemed to be the amount of the reserve for special depreciation held by that successor corporation in a company split as of the date of that qualified company split.

⑭In the case referred to in the preceding paragraph, where the qualified company split referred to in that paragraph is a company split by spin-off (meaning a company split by spin-off prescribed in Article 2, paragraph (2), item (xiii) of the New Act on Special Measures Concerning Taxation), with regard to the business year of the corporation that has set aside the reserve for special depreciation referred to in the preceding paragraph that includes the date of that qualified company split (excluding that business year where that date is the first day of the business year of that corporation), the provisions of paragraph (3) apply by deeming the day before the date of that qualified company split to be the end of that business year. In this case, the phrase "the number of months in each of those business years" in that paragraph is deemed to be replaced with "the number of months in the period from the first day of that business year to the day before the date of that qualified company split".

⑮With regard to the application of the provisions of paragraph (3) for the business year of the successor corporation in a company split prescribed in paragraph (13) that includes the date of that qualified company split, the amount of the reserve for special depreciation carried forward from the preceding business year prescribed in paragraph (3) is to include the amount of the reserve for special depreciation deemed to be held by that successor corporation in a company split pursuant to the provisions of paragraph (13). In this case, where that successor corporation in a company split is not a corporation incorporated through that qualified company split, with regard to the amount of the reserve for special depreciation deemed to be held by that successor corporation in a company split, the phrase "the number of months in each of those business years" in paragraph (3) is deemed to be replaced with "the number of months in the period from the date of that qualified company split to the end of the business year that includes that date".

⑯Where a corporation that has set aside a reserve for special depreciation under Article 52-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation or paragraph (2), (7) or (8) falls under a case specified by Cabinet Order as a case where it has transferred an asset subject to the former special depreciation to a corporation receiving a capital contribution in kind (meaning a corporation receiving a capital contribution in kind prescribed in Article 2, paragraph (2), item (viii) of the New Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph) through a qualified capital contribution in kind carried out on or after April 1, 2001 (including the case where it has transferred all of its depreciable assets through that qualified capital contribution in kind), the amount calculated pursuant to the provisions of Cabinet Order as pertaining to the asset subject to the former special depreciation so transferred, out of the amount of the reserve for special depreciation immediately before that qualified capital contribution in kind (where it has transferred all of its depreciable assets through that qualified capital contribution in kind, the amount of the reserve for special depreciation immediately before that qualified capital contribution in kind), is to be taken over by that corporation receiving a capital contribution in kind. In this case, the amount of the reserve for special depreciation taken over by that corporation receiving a capital contribution in kind is deemed to be the amount of the reserve for special depreciation held by that corporation receiving a capital contribution in kind as of the date of that qualified capital contribution in kind.

⑰In the case referred to in the preceding paragraph, with regard to the business year of the corporation that has set aside the reserve for special depreciation referred to in that paragraph that includes the date of that qualified capital contribution in kind (excluding that business year where that date is the first day of the business year of that corporation), the provisions of paragraph (3) apply by deeming the day before the date of that qualified capital contribution in kind to be the end of that business year. In this case, the phrase "the number of months in each of those business years" in that paragraph is deemed to be replaced with "the number of months in the period from the first day of that business year to the day before the date of that qualified capital contribution in kind".

⑱With regard to the application of the provisions of paragraph (3) for the business year of the corporation receiving a capital contribution in kind prescribed in paragraph (16) that includes the date of that qualified capital contribution in kind, the amount of the reserve for special depreciation carried forward from the preceding business year prescribed in paragraph (3) is to include the amount of the reserve for special depreciation deemed to be held by that corporation receiving a capital contribution in kind pursuant to the provisions of paragraph (16). In this case, where that corporation receiving a capital contribution in kind is not a corporation incorporated through that qualified capital contribution in kind, with regard to the amount of the reserve for special depreciation deemed to be held by that corporation receiving a capital contribution in kind, the phrase "the number of months in each of those business years" in paragraph (3) is deemed to be replaced with "the number of months in the period from the date of that qualified capital contribution in kind to the end of the business year that includes that date".

⑲Where a corporation that has set aside a reserve for special depreciation under Article 52-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation or paragraph (2), (7) or (8) falls under a case specified by Cabinet Order as a case where it has transferred an asset subject to the former special depreciation to a transferee corporation in a post-formation acquisition (meaning a transferee corporation in a post-formation acquisition prescribed in Article 2, paragraph (2), item (x) of the New Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph) through a qualified post-formation acquisition of assets carried out on or after April 1, 2001 (including the case where it has transferred all of its depreciable assets through that qualified post-formation acquisition of assets), the amount calculated pursuant to the provisions of Cabinet Order as pertaining to the asset subject to the former special depreciation so transferred, out of the amount of the reserve for special depreciation immediately before that qualified post-formation acquisition of assets (where it has transferred all of its depreciable assets through that qualified post-formation acquisition of assets, the amount of the reserve for special depreciation immediately before that qualified post-formation acquisition of assets), is to be taken over by that transferee corporation in a post-formation acquisition. In this case, the amount of the reserve for special depreciation taken over by that transferee corporation in a post-formation acquisition is deemed to be the amount of the reserve for special depreciation held by that transferee corporation in a post-formation acquisition as of the date of that qualified post-formation acquisition of assets.

⑳In the case referred to in the preceding paragraph, with regard to the business year of the corporation that has set aside the reserve for special depreciation referred to in that paragraph that includes the date of that qualified post-formation acquisition of assets (excluding that business year where that date is the first day of the business year of that corporation), the provisions of paragraph (3) apply by deeming the day before the date of that qualified post-formation acquisition of assets to be the end of that business year. In this case, the phrase "the number of months in each of those business years" in that paragraph is deemed to be replaced with "the number of months in the period from the first day of that business year to the day before the date of that qualified post-formation acquisition of assets".

（二十一）With regard to the application of the provisions of paragraph (3) for the business year of the transferee corporation in a post-formation acquisition prescribed in paragraph (19) that includes the date of that qualified post-formation acquisition of assets, the amount of the reserve for special depreciation carried forward from the preceding business year prescribed in paragraph (3) is to include the amount of the reserve for special depreciation deemed to be held by that transferee corporation in a post-formation acquisition pursuant to the provisions of paragraph (19). In this case, with regard to the amount of the reserve for special depreciation deemed to be held by that transferee corporation in a post-formation acquisition, the phrase "the number of months in each of those business years" in paragraph (3) is deemed to be replaced with "the number of months in the period from the date of that qualified post-formation acquisition of assets to the end of the business year that includes that date".

（二十二）Beyond what is provided for in paragraphs (5), (6) and (10), necessary matters concerning the application of the provisions of paragraphs (2) through (4), paragraphs (7) through (9) and paragraph (11) through the preceding paragraph are specified by Cabinet Order.

①The provisions of Articles 55 through 56-2, Article 56-4, Articles 57-3 through 57-9, Article 58-2 and Article 61-2 of the New Act on Special Measures Concerning Taxation apply to the case where a merger, company split, capital contribution in kind or post-formation acquisition of assets (meaning a post-formation acquisition of assets prescribed in Article 2, item (xii)-6 of the Corporation Tax Act; the same applies hereinafter) is carried out on or after April 1, 2001, and the provisions then in force continue to govern the case where a merger, capital contribution in kind or post-formation acquisition of assets was carried out before that date.

②In the case where a corporation prescribed in Article 56-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation has carried out a merger (limited to one in which that corporation becomes the merged corporation (meaning a merged corporation prescribed in Article 2, paragraph (2), item (iii) of the New Act on Special Measures Concerning Taxation; the same applies hereinafter in this Article)) during the period from April 1, 2001 to the first day of the first business year beginning on or after that date, with regard to the application of the provisions of Article 56-3 of the Former Act on Special Measures Concerning Taxation for the business year that includes the day before the date of that merger, the phrase "excluding the business year that includes the date of dissolution (excluding dissolution due to a merger) and each business year during liquidation" in paragraph (1) of that Article is deemed to be replaced with "limited to the business year that includes the day before the date of the relevant qualified merger (meaning a qualified merger prescribed in Article 2, item (xii)-8 of the Corporation Tax Act; the same applies hereinafter in this Article) in the case where that corporation carries out a qualified merger in which it becomes the merged corporation", the phrase "exchange" in item (i) of that paragraph is deemed to be replaced with "exchange, a company split by spin-off prescribed in Article 2, item (xii)-10 of the Corporation Tax Act (excluding a qualified company split by spin-off prescribed in item (xii)-13 of that Article)", the phrase "is a merging corporation" in paragraph (4) of that Article is deemed to be replaced with "is a merging corporation in a qualified merger or a merger (limited to a merger carried out before April 1, 2001)", the phrase "that merger" is deemed to be replaced with "that qualified merger or merger", the phrase "business year" in paragraph (5) of that Article is deemed to be replaced with "business year (in the case referred to in item (ii), where the corporation has dissolved due to a merger (excluding a qualified merger), the business year that includes the day before the date of that merger)", the phrase "has dissolved: the" in item (ii) of that paragraph is deemed to be replaced with "has dissolved (excluding the case where it has dissolved due to a qualified merger): that", the phrase "amount (excluding the amount succeeded to by the merging corporation in the case of dissolution due to a merger)" is deemed to be replaced with "amount", the phrase "Article 55, paragraphs (9) and (10) and the first sentence of paragraph (11)" in paragraph (8) of that Article is deemed to be replaced with "Article 55, paragraphs (10) and (11) and the first sentence of paragraph (12)", the phrase "merged" is deemed to be replaced with "became the merged corporation in a qualified merger that was carried out", the phrase "paragraph (10) of that Article" is deemed to be replaced with "paragraph (11) of that Article", the phrase "Article 56-3, paragraph (1)" is deemed to be replaced with "Article 56-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)", and the phrase "the first sentence of paragraph (11) of that Article" is deemed to be replaced with "the first sentence of paragraph (12) of that Article".

③With regard to the application of the provisions of the preceding paragraph in the case where the date of the merger prescribed in that paragraph is on or after the first day of the first business year beginning on or after April 1, 2001 of the merging corporation in that merger, the phrase "the phrase 'Article 56-3, paragraph (1)' is deemed to be replaced with 'Article 56-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)', and the phrase 'the first sentence of paragraph (11) of that Article' is deemed to be replaced with 'the first sentence of paragraph (12) of that Article'" in that paragraph is deemed to be replaced with "the phrase 'Article 56-3, paragraph (1)' is deemed to be replaced with 'Article 56-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)', the phrase 'the first sentence of paragraph (11) of that Article' is deemed to be replaced with 'the first sentence of paragraph (12) of that Article', and the phrase 'Article 56-3, paragraphs (1) and (3)' is deemed to be replaced with 'Article 56-3, paragraph (3) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001), which remains in force pursuant to the provisions of Article 21, paragraph (4) of the Supplementary Provisions of that Act'".

④In the case where a corporation prescribed in Article 56-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation has an amount of reserve for planned afforestation prescribed in item (ii) of that paragraph at the end of the business year immediately preceding the first business year beginning on or after April 1, 2001, the provisions of paragraphs (2) through (6) and paragraph (8) of that Article remain in force. In this case, the phrase "is a merging corporation" in paragraph (4) of that Article is deemed to be replaced with "is a merging corporation in a qualified merger (meaning a qualified merger prescribed in Article 2, item (xii)-8 of the Corporation Tax Act; the same applies hereinafter in this Article) or a merger (limited to one carried out before April 1, 2001)", the phrase "that merger" is deemed to be replaced with "that qualified merger or merger", the phrase "business year" in paragraph (5) of that Article is deemed to be replaced with "business year (in the case referred to in item (ii), where the corporation has dissolved due to a merger (excluding a qualified merger), the business year that includes the day before the date of that merger)", the phrase "has dissolved: the" in item (ii) of that paragraph is deemed to be replaced with "has dissolved (excluding the case where it has dissolved due to a qualified merger): that", the phrase "amount (excluding the amount succeeded to by the merging corporation in the case of dissolution due to a merger)" is deemed to be replaced with "amount", the phrase "Article 55, paragraphs (9) and (10) and the first sentence of paragraph (11)" in paragraph (8) of that Article is deemed to be replaced with "Article 55, paragraphs (10) and (11) and the first sentence of paragraph (12)", the phrase "merged" is deemed to be replaced with "became the merged corporation in a qualified merger that was carried out", the phrase "paragraph (10) of that Article" is deemed to be replaced with "paragraph (11) of that Article", the phrase "Article 56-3, paragraph (1)" is deemed to be replaced with "Article 56-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)", the phrase "the first sentence of paragraph (11) of that Article" is deemed to be replaced with "the first sentence of paragraph (12) of that Article", and the phrase "Article 56-3, paragraphs (1) and (3)" is deemed to be replaced with "Article 56-3, paragraph (3) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001), which remains in force pursuant to the provisions of Article 21, paragraph (4) of the Supplementary Provisions of that Act".

⑤With regard to the application of the provisions of the preceding paragraph in the case where the corporation referred to in that paragraph has carried out a merger in which it becomes the merged corporation, and the first day of the business year of the merging corporation that includes the date of that merger is before April 1, 2001, the phrase "the phrase 'Article 56-3, paragraph (1)' is deemed to be replaced with 'Article 56-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)', the phrase 'the first sentence of paragraph (11) of that Article' is deemed to be replaced with 'the first sentence of paragraph (12) of that Article', and the phrase 'Article 56-3, paragraphs (1) and (3)' is deemed to be replaced with 'Article 56-3, paragraph (3) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001), which remains in force pursuant to the provisions of Article 21, paragraph (4) of the Supplementary Provisions of that Act'" in that paragraph is deemed to be replaced with "the phrase 'Article 56-3, paragraph (1)' is deemed to be replaced with 'Article 56-3, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)', and the phrase 'the first sentence of paragraph (11) of that Article' is deemed to be replaced with 'the first sentence of paragraph (12) of that Article'".

⑥In the case where a corporation listed in item (i) (limited to the part pertaining to (a) of that item) or item (ii) of the table in Article 57, paragraph (1) of the Former Act on Special Measures Concerning Taxation has carried out a merger (limited to one in which that corporation becomes the merged corporation) during the period from April 1, 2001 to the first day of the first business year beginning on or after that date, with regard to the application of the provisions of that Article for the business year that includes the day before the date of that merger, the phrase "dissolution (excluding dissolution due to a merger)" in paragraph (1) of that Article is deemed to be replaced with "dissolution", the phrase "each business year during liquidation" is deemed to be replaced with "each business year during liquidation and the business year that includes the day before the date of a merger (excluding a qualified merger prescribed in Article 2, item (xii)-8 of the Corporation Tax Act)", the phrase "cases listed" in paragraph (3) of that Article is deemed to be replaced with "cases listed (excluding the case where a qualified merger (meaning a qualified merger prescribed in Article 2, item (xii)-8 of the Corporation Tax Act; the same applies hereinafter in this Article) in which that corporation is the merging corporation has been carried out)", the phrase "business year that includes" is deemed to be replaced with "business year (in the case referred to in item (ii), where the corporation has dissolved due to a merger (excluding a qualified merger), the business year that includes the day before the date of that merger) that includes", the phrase "has dissolved: the" in item (ii) of that paragraph is deemed to be replaced with "has dissolved (excluding the case where it has dissolved due to a qualified merger): that", the phrase "amount (excluding the amount succeeded to by the merging corporation in the case of dissolution due to a merger)" is deemed to be replaced with "amount", the phrase "Article 55, paragraphs (9) through (11)" in paragraph (7) of that Article is deemed to be replaced with "Article 55, paragraphs (10) through (12)", the phrase "merged" is deemed to be replaced with "became the merged corporation in a qualified merger that was carried out", the phrase "paragraph (11) of that Article" is deemed to be replaced with "paragraph (12) of that Article", and the phrase "'Article 57, paragraph (2)'" is deemed to be replaced with "'Article 57, paragraph (2) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)'".

⑦With regard to the application of the provisions of the preceding paragraph in the case where the date of the merger prescribed in that paragraph is on or after the first day of the first business year beginning on or after April 1, 2001 of the merging corporation in that merger, the phrase "the phrase 'paragraph (11) of that Article' is deemed to be replaced with 'paragraph (12) of that Article', and the phrase '"Article 57, paragraph (2)"' is deemed to be replaced with '"Article 57, paragraph (2) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001)"'" in that paragraph is deemed to be replaced with "and the phrase 'paragraph (11) of that Article' is deemed to be replaced with 'paragraph (12) of that Article'".

①Beyond what is provided for in the following paragraph through paragraph (8), the provisions of Articles 64 through 65-4 and Articles 65-7 through 66 of the New Act on Special Measures Concerning Taxation apply to the case where a merger, company split, capital contribution in kind or post-formation acquisition of assets is carried out on or after April 1, 2001, and the provisions then in force continue to govern the case where a merger, capital contribution in kind or post-formation acquisition of assets was carried out before that date.

②The provisions of Article 64, paragraph (2), item (ii) of the New Act on Special Measures Concerning Taxation apply to compensation that a corporation acquires in connection with a disposition referred to in that item that is made on or after the Effective Date.

③The provisions of Article 65, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to assets that a corporation acquires on or after January 1, 2001 through a replotting disposition, etc. prescribed in that paragraph.

④The provisions of Article 65-3, paragraph (1), item (iv) 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.

⑤The provisions of Article 65-4, paragraph (1), item (xxi) 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, 2001.

⑥The provisions of Article 65-5, paragraph (1), item (iv) 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 date on which the Act Partially Amending the Act on Temporary Measures concerning Financing for the Promotion of the Strengthening, etc. of the Forestry Management Base (Act No. 108 of 2001) comes into effect.

⑦The provisions of Articles 65-7 through 65-9 of the New Act on Special Measures Concerning Taxation (limited to the part pertaining to items (iv) and (ix) 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 those items 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 items (iv) and (ix) 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 then in force continue to govern corporation tax on a transfer of assets listed in the left-hand column of items (xi) and (xxi) 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.

The provisions of Article 66-8, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the facts listed in the items of that paragraph that arise on or after April 1, 2001 with respect to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph, and the provisions then in force continue to govern the facts listed in the items of Article 66-8, paragraph (1) of the Former Act on Special Measures Concerning Taxation that arose before that date with respect to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph.

The provisions then in force continue to govern fixed assets specified in Article 66-10, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation that a manufacturing cooperative, etc. listed in that item acquired or manufactured before the Effective Date.

The provisions of Article 66-11, paragraph (1), item (v) of the New Act on Special Measures Concerning Taxation apply to contributions listed in that item that a corporation pays on or after the Effective Date, and the provisions then in force continue to govern contributions listed in Article 66-11, paragraph (1), item (v) of the Former Act on Special Measures Concerning Taxation that a corporation paid before the Effective Date.

The provisions of Article 66-11-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to donations prescribed in that paragraph that a corporation makes on or after October 1, 2001.

①Beyond what is provided for in the following paragraph through paragraph (6), the provisions of Articles 66-12 and 66-13 of the New Act on Special Measures Concerning Taxation apply to the case where a merger, company split or capital contribution in kind is carried out on or after April 1, 2001, and the provisions then in force continue to govern the case where a merger or capital contribution in kind was carried out before that date.

②The provisions then in force continue to govern the loss from equipment disposal prescribed in Article 66-12, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to a disposal of equipment that a corporation carried out before April 1, 2001.

③The provisions of Article 57, paragraph (5) of the Corporation Tax Act as applied with the replacement of terms pursuant to the provisions of Article 66-12, paragraph (5) of the New Act on Special Measures Concerning Taxation (referred to as the "Corporation Tax Act as Reworded" in the following paragraph) apply, in the case where there are a loss from equipment disposal, etc. (meaning a loss from equipment disposal, etc. prescribed in Article 66-12, paragraph (1) of the New Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph) arising in a business year beginning on or after April 1, 2001 of a corporation that becomes a merging corporation, a successor corporation in a company split or a corporation receiving a capital contribution in kind prescribed in that paragraph in relation to a qualified merger, etc. prescribed in that paragraph, and an amount deemed, pursuant to the provisions of Article 57, paragraph (2) of the Corporation Tax Act as applied with the replacement of terms pursuant to the provisions of Article 66-12, paragraph (4) of the New Act on Special Measures Concerning Taxation, to be a loss from equipment disposal, etc. that arose in each business year of the merging corporation, etc. prescribed in that paragraph (referred to as a "deemed loss from equipment disposal, etc." in this paragraph and the following paragraph), to that deemed loss from equipment disposal, etc., and the provisions then in force continue to govern a loss from equipment disposal, etc. prescribed in Article 66-12, paragraph (2) of the Former Act on Special Measures Concerning Taxation that arose in a business year of a corporation that began before that date.

④Necessary matters concerning the application of the provisions of Article 57, paragraph (5) of the Corporation Tax Act as Reworded in the case where the corporation prescribed in the preceding paragraph carries out a qualified merger, etc. prescribed in Article 66-12, paragraph (4) of the New Act on Special Measures Concerning Taxation in a business year beginning on or after April 1, 2001, and that corporation has a deemed loss from equipment disposal, etc., are specified by Cabinet Order.

⑤The provisions of Article 57, paragraph (5) of the Corporation Tax Act as applied with the replacement of terms pursuant to the provisions of Article 66-13, paragraph (7) of the New Act on Special Measures Concerning Taxation (referred to as the "Corporation Tax Act as Reworded" in the following paragraph) apply, in the case where there are a special deficit amount (meaning a special deficit amount prescribed in Article 66-13, paragraph (1) or (2) of the New Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph) arising in a business year beginning on or after April 1, 2001 of a corporation that becomes a merging corporation, a successor corporation in a company split or a corporation receiving a capital contribution in kind prescribed in that paragraph in relation to a qualified merger, etc. prescribed in that paragraph, and an amount deemed, pursuant to the provisions of Article 57, paragraph (2) of the Corporation Tax Act as applied with the replacement of terms pursuant to the provisions of Article 66-13, paragraph (6) of the New Act on Special Measures Concerning Taxation, to be a special deficit amount that arose in each business year of the merging corporation, etc. prescribed in that paragraph (referred to as a "deemed special loss amount" in this paragraph and the following paragraph), to that deemed special loss amount, and the provisions then in force continue to govern a special deficit amount prescribed in Article 66-13, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation that arose in a business year of a corporation that began before that date.

⑥Necessary matters concerning the application of the provisions of Article 57, paragraph (5) of the Corporation Tax Act as Reworded in the case where the corporation prescribed in the preceding paragraph carries out a qualified merger, etc. prescribed in Article 66-13, paragraph (6) of the New Act on Special Measures Concerning Taxation in a business year beginning on or after April 1, 2001, and that corporation has a deemed special loss amount, are specified by Cabinet Order.

The provisions of Article 67-4 of the New Act on Special Measures Concerning Taxation apply to the case where a merger, company split, capital contribution in kind or post-formation acquisition of assets is carried out on or after April 1, 2001, and the provisions then in force continue to govern the case where a merger, capital contribution in kind or post-formation acquisition of assets was carried out before that date.

The provisions then in force continue to govern the amount deemed to be the amount of a distribution of surplus prescribed in Article 67-7 of the Former Act on Special Measures Concerning Taxation in the case where a domestic corporation has received a delivery of money or other assets through a merger listed in any of the items of that Article that was carried out before April 1, 2001.

The provisions then in force continue to govern the amount of the portion corresponding to the shares not cancelled prescribed in Article 67-8, paragraph (1) of the Former Act on Special Measures Concerning Taxation in the case where a listed company, etc. prescribed in that paragraph has cancelled shares using profits before April 1, 2001.

The provisions of Article 68-3-9, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the facts listed in the items of that paragraph that arise on or after April 1, 2001 with respect to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph, and the provisions then in force continue to govern the facts listed in the items of Article 68-3-9, paragraph (1) of the Former Act on Special Measures Concerning Taxation that arose before that date with respect to a specified foreign subsidiary, etc. or a foreign affiliated company prescribed in that paragraph.

①The provisions of Article 69-4 of the New Act on Special Measures Concerning Taxation apply to inheritance tax on small-scale residential land, etc. prescribed in Article 69-4, paragraph (1) of the New Act on Special Measures Concerning Taxation acquired by inheritance or bequest (including a gift that takes effect upon the death of the donor; the same applies hereinafter in this Article) on or after January 1, 2001, and the provisions then in force continue to govern inheritance tax on small-scale residential land, etc. prescribed in Article 69-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquired by inheritance or bequest before that date.

②The provisions of Article 70, paragraph (10) of the New Act on Special Measures Concerning Taxation apply to inheritance tax on property acquired by inheritance or bequest on or after October 1, 2001.

③The provisions of Article 70-3 of the New Act on Special Measures Concerning Taxation (including as applied pursuant to the provisions of Article 69, paragraph (4) of the New Act on Special Measures Concerning Taxation) apply to gift tax on funds for housing acquisition prescribed in Article 70-3, paragraph (1) of the New Act on Special Measures Concerning Taxation or funds for housing extension or reconstruction prescribed in paragraph (5) of that Article that are acquired by gift (excluding a gift that takes effect upon the death of the donor; the same applies hereinafter in this Article) on or after January 1, 2001.

④With regard to gift tax in the case where an individual to whom the provisions of Article 70-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation applied has acquired property by gift within four years from the year following the year that includes the day on which the individual acquired by gift the funds for housing acquisition prescribed in that paragraph to which that application pertains (limited to the case where the individual acquired that property on or after January 1, 2001), the provisions of that Article remain in force. In this case, the phrase "the provisions of Article 21-7 of the Inheritance Tax Act" in paragraph (2), item (i) of that Article is deemed to be replaced with "the provisions of Article 21-7 of the Inheritance Tax Act (including the provisions of Article 70-2 of the Act on Special Measures Concerning Taxation as amended by Article 1 of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 7 of 2001))".

⑤The provisions of Article 70-4 of the New Act on Special Measures Concerning Taxation apply to gift tax on farmland, etc. in the case where, on or after the Effective Date, all or part of the farmland, etc. prescribed in paragraph (1) of that Article to which the provisions of that paragraph apply is lent based on the creation of a superficies right, etc. prescribed in paragraph (15) of that Article.

⑥The provisions of paragraphs (15) through (18) of Article 70-4, Article 70-5, paragraph (1) and Article 70-6, paragraph (25) of the New Act on Special Measures Concerning Taxation apply to the following persons by deeming them to be donees prescribed in Article 70-4, paragraph (1) of the New Act on Special Measures Concerning Taxation. In this case, necessary matters concerning the application of those provisions in relation to those donees are specified by Cabinet Order.

⑦The provisions of Article 70-5, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to inheritance tax on an inheritance or bequest arising from the death of a donor of farmland, etc. prescribed in Article 70-4, paragraph (1) of the New Act on Special Measures Concerning Taxation pertaining to gift tax to which the provisions of that paragraph apply, in the case where that donor dies on or after the Effective Date, and the provisions then in force continue to govern inheritance tax on an inheritance or bequest arising from the death of a donor of farmland, etc. prescribed in Article 70-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to gift tax to which the provisions of that paragraph apply, in the case where that donor died before the Effective Date.

⑧The provisions of Article 70-6 of the New Act on Special Measures Concerning Taxation apply to inheritance tax on special farmland, etc. in the case where, on or after the Effective Date, all or part of the special farmland, etc. prescribed in paragraph (1) of that Article to which the provisions of that paragraph apply is lent based on the creation of a superficies right, etc. prescribed in paragraph (20) of that Article.

⑨The provisions of paragraphs (20) through (24) of Article 70-6 of the New Act on Special Measures Concerning Taxation apply to the following persons by deeming them to be farming heirs prescribed in paragraph (1) of that Article. In this case, necessary matters concerning the application of those provisions in relation to those farming heirs are specified by Cabinet Order.

①The provisions of Article 77 of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of the transfer or creation of the ownership of farmland, pasture land or quasi-farmland prescribed in that Article, or of a superficies right, farming right or right of lease existing on that farmland or pasture land, acquired by a gift prescribed in that Article that is made on or after January 1, 2002, and the provisions then in force continue to govern registration and license tax on the registration of the transfer or creation of the ownership of farmland, pasture land or quasi-farmland prescribed in Article 77 of the Former Act on Special Measures Concerning Taxation, or of a superficies right, farming right or right of lease existing on that farmland or pasture land, acquired by a gift prescribed in that Article that was made before that date.

②The provisions of Article 78-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of transfer of rights concerning real property acquired through a business transfer prescribed in that paragraph on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of transfer of rights concerning real property acquired through a business transfer prescribed in Article 78-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that was carried out before the Effective Date.

③The provisions of Article 80 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 paragraph (1) of that Article pertaining to a recommendation, instruction, certification or approval prescribed in that paragraph, or of the matters listed in the items of paragraph (2) of that Article pertaining to a certification prescribed in that paragraph, that is made 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 pertaining to a recommendation, instruction, certification or approval prescribed in that paragraph, or of the matters listed in the items of paragraph (2) of that Article pertaining to a certification prescribed in that paragraph, that was made before the Effective Date.

④The provisions of Article 83, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of preservation of ownership of land used for a public construction project prescribed in Article 83, paragraph (2) of the New Act on Special Measures Concerning Taxation that is carried out under a license referred to in Article 2, paragraph (1) of the Act on Reclamation of Publicly-owned Water Surface (Act No. 57 of 1921) obtained on or after the Effective Date.

⑤With regard to registration and license tax on the registration of preservation of ownership of land used for a public construction project prescribed in Article 83, paragraph (2) of the Former Act on Special Measures Concerning Taxation that is carried out under a license referred to in Article 2, paragraph (1) of the Act on Reclamation of Publicly-owned Water Surface obtained before the Effective Date, the provisions of that paragraph remain in force. In this case, the phrase "has acquired the ownership of" in that paragraph is deemed to be replaced with "has obtained that license pertaining to", the phrase "after that acquisition" is deemed to be replaced with "after the acquisition of that land pertaining to that license", and the phrase "3/1,000" is deemed to be replaced with "1/1,000".

⑥The provisions of Article 83-6, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of transfer of ownership of real property that a certified core support organization prescribed in that paragraph acquires on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of transfer of ownership of real property that a certified core support organization prescribed in Article 83-6, paragraph (2) of the Former Act on Special Measures Concerning Taxation acquired before the Effective Date.

⑦The provisions of Article 83-7, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of transfer of rights to real property that a specific purpose company prescribed in that paragraph acquires on or after the Effective Date, and the provisions then in force continue to govern registration and license tax on the registration of transfer of rights to real property that a specific purpose company prescribed in Article 83-7 of the Former Act on Special Measures Concerning Taxation acquired before the Effective Date.

⑧In the case where a corporation prescribed in Article 84, paragraph (1) of the Former Act on Special Measures Concerning Taxation has acquired, by March 31, 2007, the ownership of, or a superficies right on, land prescribed in that paragraph from the Japan Railway Construction, Transport and Technology Agency, the provisions of that paragraph remain in force. In this case, the phrase "Japan Railway Construction Public Corporation" in that paragraph is deemed to be replaced with "Japan Railway Construction, Transport and Technology Agency", the phrase "March 31, 2001" is deemed to be replaced with "March 31, 2007", and the phrase "creation of a superficies right" is deemed to be replaced with "creation or transfer of a superficies right".

①Except for what is provided for in the following paragraph and paragraph (3), the provisions then in force continue to govern liquor tax imposed, or that should have been imposed, before May 1, 2001 (hereinafter referred to as the "designated day" in this Article) on synthetic sake prescribed in Article 3, item (iv) of the Liquor Tax Act (Act No. 6 of 1953) (referred to as "synthetic sake" in the following paragraph), mirin prescribed in item (vi) of that Article (hereinafter referred to as "mirin" in this Article) and other miscellaneous liquor prescribed in Article 4, paragraph (1) of that Act (limited to that listed in Article 22, paragraph (1), item (x), (c), 1. of that Act; hereinafter referred to as "mirin-like miscellaneous liquor" in this Article).

②With respect to synthetic sake, mirin and mirin-like miscellaneous liquor shipped out of a liquor manufacturing site before the designated day (limited to those for which the amount of liquor tax calculated by applying the tax rate prescribed in Article 87-3 of the New Act on Special Measures Concerning Taxation (hereinafter referred to as the "tax rate under the new Act" in this Article) would exceed the amount of liquor tax calculated by applying the tax rate prescribed in Article 22, paragraph (1) of the Liquor Tax Act (for mirin and mirin-like miscellaneous liquor with an extract content (meaning the extract content prescribed in Article 3, item (ii) of that Act; the same applies in paragraph (5)) of less than 16 degrees, the tax rate prescribed in Article 87-3 of the Former Act on Special Measures Concerning Taxation); hereinafter referred to as "specified synthetic sake, etc." in this Article) that pertain to a notification or approval under Article 28, paragraph (3) of the Liquor Tax Act (including as applied mutatis mutandis pursuant to Article 29, paragraph (3) of that Act; the same applies hereinafter in this paragraph) (limited to those for which the day listed in the relevant item of Article 28, paragraph (3) of that Act pertaining to that notification or approval arrives on or after the designated day), in the case where the documents prescribed in that paragraph have not been submitted by the day listed in the relevant item of that paragraph, the tax rate of liquor tax on those specified synthetic sake, etc. is the tax rate under the new Act.

④In the case where, on the designated day, a liquor manufacturer or seller possesses specified synthetic sake, etc. at a place other than a liquor manufacturing site or a bonded area, and the quantity thereof (where possessed at two or more places, the total quantity) is 100 liters or more, liquor tax is imposed on those specified synthetic sake, etc. by deeming that person, as a liquor manufacturer, to have shipped them out of that person's liquor manufacturing site on the designated day.

⑤In the case referred to in the preceding paragraph, the amount of liquor tax under the preceding paragraph is the amount equivalent to the difference between the amount of liquor tax calculated by applying the tax rate under the new Act and the amount of liquor tax calculated by applying the tax rate prescribed in Article 22, paragraph (1) of the Liquor Tax Act (for mirin and mirin-like miscellaneous liquor with an extract content of less than 16 degrees, the tax rate prescribed in Article 87-3 of the Former Act on Special Measures Concerning Taxation).

⑥A person prescribed in paragraph (4) must, for each storage place of the liquor in that person's possession that falls under the provisions of that paragraph, submit a return stating the following matters to the district director having jurisdiction over the location of that storage place within one month from the designated day, as provided for by Cabinet Order:

⑦A person who has submitted a return under the preceding paragraph must pay to the State, by October 31, 2001, liquor tax equivalent to the total amount of liquor tax listed in item (ii) of that paragraph that is stated in that return.

⑧The provisions of the preceding paragraph apply mutatis mutandis to a person prescribed in that paragraph who is required to submit a return under paragraph (6) and who, with respect to liquor tax pertaining to that return, has submitted a tax return filed after the due date or an amended return form prescribed in the Act on General Rules for National Taxes (Act No. 66 of 1962) before the due date for payment under the preceding paragraph pertaining to the return under that paragraph, or who has received a reassessment or determination prescribed in that Act for which the time limit for payment under Article 35, paragraph (2), item (ii) of that Act arrives before the due date for payment under the preceding paragraph.

⑨In the cases listed in the following items, when the liquor manufacturer prescribed in each of those items (meaning a liquor manufacturer as defined in Article 7, paragraph (1) of the Liquor Tax Act; the same applies hereinafter in this paragraph) has, as provided for by Cabinet Order, received confirmation from the district director having jurisdiction over the location of the liquor manufacturing site pertaining to the return or bringing-in of that liquor that liquor tax under paragraph (4) was imposed, or should be imposed, on that liquor, the amount equivalent to that amount of liquor tax is, in accordance with the provisions of Article 30 of that Act, deducted from the amount of liquor tax pertaining to that person or refunded to that person, together with the deduction or refund pertaining to the amount equivalent to the amount of liquor tax that the liquor manufacturer paid, or is to pay, for that liquor (in the case falling under item (ii), the amount of liquor tax that was paid, or is to be paid, upon shipment from the other liquor manufacturing site prescribed in that item, or that was paid, or is to be paid, or was collected, or is to be collected, upon taking out from a bonded area):

⑩The provisions of Article 48 of the Liquor Tax Act (excluding item (ii)) apply mutatis mutandis to a person who is required to submit a return under paragraph (6).

⑪A person who has failed to submit a return under paragraph (6) (including as applied mutatis mutandis pursuant to the preceding paragraph) is punished by a fine of 200,000 yen or less.

⑫If the representative of a corporation, or an agent, employee or other worker of a corporation or individual, has committed the violation referred to in the preceding paragraph with regard to the business or property of that corporation or individual, not only is the offender punished, but the corporation or individual is also subject to the fine referred to in that paragraph.

⑬The provisions then in force continue to govern the application of penal provisions to conduct engaged in before the designated day and to conduct engaged in on or after the designated day with respect to liquor tax that continues to be governed by the provisions then in force pursuant to the provisions of paragraph (1).

The provisions then in force continue to govern inheritance tax in the case where, before the Effective Date, a farming heir prescribed in Article 19, paragraph (6) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 16 of 1991) prior to the amendment by Article 4 has received approval from the district director prescribed in that paragraph to the effect that the farming heir is expected to make, with respect to land that falls under the specified farmland, etc. in urbanization promotion areas prescribed in that paragraph, a conversion that meets the requirements listed in the items of that paragraph.

The provisions of Article 36, paragraphs (6) through (9) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation (Act No. 55 of 1995) as amended by Article 5 apply to gift tax on farmland, etc. in the case where, on or after the Effective Date, with regard to all or part of the farmland, etc. prescribed in paragraph (6) of that Article to which the provisions of paragraph (3) of that Article apply, the right based on a loan for use prescribed in paragraph (6) of that Article is extinguished and that farmland, etc. is lent based on the creation of a superficies right, etc. prescribed in that paragraph.

The provisions of Article 20, paragraph (4) of the Supplementary Provisions of the Act Partially Amending the Act on Special Measures Concerning Taxation, etc. (Act No. 13 of 2000) as amended by Article 7 apply to registration and license tax on the registration of the matters prescribed in that paragraph pertaining to a certification prescribed in that paragraph that is made 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 prescribed in Article 20, paragraph (4) of the Supplementary Provisions of that Act prior to the amendment by Article 7 pertaining to a certification prescribed in that paragraph that was made before the Effective Date.

Beyond what is provided for in Article 2 through the preceding Article of the Supplementary Provisions, the transitional measures necessary for the enforcement of this Act are specified by Cabinet Order.