①The provisions of Article 69-5, Article 70-6-4 or Article 70-8-2 of the New Act on Special Measures Concerning Taxation apply to inheritance tax pertaining to forest (meaning standing trees, or land or rights existing on land; the same applies hereinafter in this Article) acquired on or after the Effective Date through inheritance or bequest (including a gift that takes effect upon the death of the donor; the same applies hereinafter).

②With regard to inheritance tax pertaining to forest existing within the area for which a forest operation plan referred to in Article 11, paragraph (4) of the Former Forest Act has been established, which received before the enforcement of this Act the certification referred to in Article 11, paragraph (4) of the Forest Act (Act No. 249 of 1951) before the amendment by the Act Partially Amending the Forest Act (Act No. 20 of 2011) (hereinafter referred to as the "Former Forest Act" in this paragraph and the following paragraph) (including the cases where it is applied mutatis mutandis pursuant to Article 12, paragraph (3) of the Former Forest Act with the replacement of terms), the provisions of Article 69-5 or Article 70-8-2 of the Former Act on Special Measures Concerning Taxation remain in force during the period of that forest operation plan (meaning the period of five years constituting one term prescribed in Article 11, paragraph (1) of the Former Forest Act pertaining to that certification; the same applies in the following paragraph).

③In the case referred to in the preceding paragraph (limited to the part concerning Article 69-5 of the Former Act on Special Measures Concerning Taxation) (limited to the case where a certified forest owner, etc. prescribed in Article 12, paragraph (1) of the Former Forest Act pertaining to the forest operation plan referred to in that paragraph has died and the period of that forest operation plan expires by the due date for filing the inheritance tax return prescribed in Article 27, paragraph (1) of the Inheritance Tax Act pertaining to the inheritance that commenced upon that death (hereinafter referred to as the "return due date" in this paragraph and the following paragraph)), if an individual who acquired the forest referred to in the preceding paragraph from that certified forest owner, etc. through inheritance or bequest has, by that return due date, received the certification of the mayor of the municipality, etc. prescribed in Article 69-5, paragraph (2), item (i) of the New Act on Special Measures Concerning Taxation for a forest management plan prescribed in that item pertaining to that forest (limited to one whose period is continuous with that of that forest operation plan), the provisions of Article 69-5 of the Former Act on Special Measures Concerning Taxation remain in force with regard to inheritance tax pertaining to the forest so acquired.

④The provisions of Article 69-5 of the New Act on Special Measures Concerning Taxation apply mutatis mutandis to the case where a specified planned forest heir, etc. (meaning a specified planned forest heir, etc. referred to in paragraph (8) of Article 69-5 of the Former Act on Special Measures Concerning Taxation who acquired the specified donated forest subject to a forest operation plan referred to in that paragraph by gift (excluding a gift that takes effect upon the death of the donor; the same applies hereinafter) from a specified donor prescribed in paragraph (2), item (ii) of that Article who is the decedent, and who submitted the documents referred to in that paragraph to the district director having jurisdiction over the place for tax payment within the period referred to in that paragraph) has, with regard to that specified donated forest subject to a forest operation plan, continuously carried out forest operations, from the expiration of the period of the forest operation plan referred to in paragraph (2) until the return due date pertaining to the inheritance that commences upon the death of that specified donor, based on a forest management plan prescribed in Article 69-5, paragraph (2), item (i) of the New Act on Special Measures Concerning Taxation that has received the certification of the mayor of the municipality, etc. prescribed in that item.

⑤The provisions of Article 70-2 of the New Act on Special Measures Concerning Taxation apply to gift tax pertaining to funds for housing acquisition, etc. prescribed in paragraph (2), item (v) of that Article that a specified donee prescribed in paragraph (2), item (i) of that Article acquires by gift on or after January 1, 2012, and the provisions then in force continue to govern gift tax pertaining to funds for housing acquisition, etc. prescribed in paragraph (2), item (v) of Article 70-2 of the Former Act on Special Measures Concerning Taxation that a specified donee prescribed in paragraph (2), item (i) of that Article (referred to as a "specified donee" in the following paragraph) acquired by gift before that date.

⑥The provisions of Article 70-2 of the New Act on Special Measures Concerning Taxation do not apply to funds for housing acquisition, etc. prescribed in paragraph (2), item (v) of that Article that a specified donee who has received the application of the provisions of Article 70-2, paragraph (1) of the Act on Special Measures Concerning Taxation before the amendment by Article 18 of the Act Partially Amending the Income Tax Act, etc. (Act No. 6 of 2010) or of Article 70-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquires by gift on or after January 1, 2012.