Supplementary Provisions, Article 35Transitional Measures Concerning Special Provisions on Taxation on Interest on Loans Received by Foreign Banks, etc.
第三十五条（外国銀行等の受ける貸付金の利子に係る課税の特例に関する経過措置）
The provisions then in force continue to govern domestic source income prescribed in Article 42-2-2 of the Former Act on Special Measures Concerning Taxation that a foreign corporation prescribed in that Article is to receive before July 1, 2004.
旧租税特別措置法第四十二条の二の二に規定する外国法人が平成十六年七月一日前に支払を受けるべき同条に規定する国内源泉所得については、なお従前の例による。
Notwithstanding the provisions of the preceding paragraph, if a foreign corporation prescribed in Article 42-2-2 of the Former Act on Special Measures Concerning Taxation has, before July 1, 2004, presented a certificate prescribed in Article 180, paragraph (1) of the Income Tax Act as replaced by the provisions of that Article to a person paying the domestic source income prescribed in that Article, as provided in that paragraph as replaced by the provisions of Article 42-2-2 of the Former Act on Special Measures Concerning Taxation, the provisions of Article 180 of the Income Tax Act apply to that domestic source income that the foreign corporation is to receive on or after that date while that certificate remains in effect, deeming that the foreign corporation has presented that certificate to the person making that payment as provided in that paragraph.
前項の規定にかかわらず、旧租税特別措置法第四十二条の二の二に規定する外国法人が平成十六年七月一日前に同条の規定により読み替えられた所得税法第百八十条第一項に規定する証明書を旧租税特別措置法第四十二条の二の二の規定により読み替えられた同項の定めるところにより同条に規定する国内源泉所得の支払をする者に提示した場合には、当該外国法人が同日以後その証明書が効力を有している間に支払を受けるべき当該国内源泉所得については、当該外国法人が当該証明書を同項の定めるところにより当該支払をする者に提示したものとみなして、所得税法第百八十条の規定を適用する。