Supplementary Provisions, Article 62Transitional Measures Concerning Special Provisions on Taxation in the Event of Receiving Shares of a Foreign Parent Corporation Due to a Merger, etc.
第六十二条（合併等により外国親法人株式の交付を受ける場合の課税の特例に関する経過措置）
The provisions of Article 37-14-3 of the New Act on Special Measures Concerning Taxation apply in the case where a nonresident receives, on or after January 1, 2017, shares of a foreign parent corporation of a merging corporation prescribed in paragraph (1) of that Article, shares of a foreign parent corporation of a successor corporation in a company split prescribed in paragraph (2) of that Article, or shares of a foreign corporation fully controlling the parent in a share exchange prescribed in paragraph (3) of that Article.
新租税特別措置法第三十七条の十四の三の規定は、非居住者が平成二十九年一月一日以後に同条第一項に規定する外国合併親法人株式、同条第二項に規定する外国分割承継親法人株式又は同条第三項に規定する外国株式交換完全支配親法人株式の交付を受ける場合について適用する。
In the case where a nonresident receives, on or before December 31, 2016, shares of a foreign parent corporation of a merging corporation prescribed in Article 37-14-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation, shares of a foreign parent corporation of a successor corporation in a company split prescribed in paragraph (2) of that Article, or shares of a foreign corporation fully controlling the parent in a share exchange prescribed in paragraph (3) of that Article, the provisions of that Article remain in force. In this case, in paragraph (7) of that Article, the phrase "Income Tax Act" is deemed to be replaced with "Income Tax Act prior to the amendment by Article 1 of the Act Partially Amending the Income Tax Act, etc. (Act No. 10 of 2014)"; the phrase "the phrase 'excluding)' in paragraph (1) is deemed to be replaced with 'excluding; and of that nonresident, Article 164, paragraph (1), item (iv), (a) of that Act'" is deemed to be replaced with "the phrase 'excluding)' in paragraph (1) is deemed to be replaced with 'excluding; and of that nonresident, Article 164, paragraph (1), item (iv), (a) of the Income Tax Act prior to the amendment by Article 1 of the Act Partially Amending the Income Tax Act, etc. (Act No. 10 of 2014) (referred to as the "Former Income Tax Act" in the following paragraph)'"; and the phrase "the phrase 'excluding)' in paragraph (2) is deemed to be replaced with 'excluding; and of that nonresident, Article 164, paragraph (1), item (iv), (a) of that Act'" is deemed to be replaced with "the phrase 'excluding)' in paragraph (2) is deemed to be replaced with 'excluding; and of that nonresident, Article 164, paragraph (1), item (iv), (a) of the Former Income Tax Act'".
非居住者が平成二十八年十二月三十一日以前に旧租税特別措置法第三十七条の十四の三第一項に規定する外国合併親法人株式、同条第二項に規定する外国分割承継親法人株式又は同条第三項に規定する外国株式交換完全支配親法人株式の交付を受ける場合については、同条の規定は、なおその効力を有する。この場合において、同条第七項中「所得税法」とあるのは「所得税法等の一部を改正する法律（平成二十六年法律第十号）第一条の規定による改正前の所得税法」と、「第一項中「除く。）」とあるのは「除き、当該非居住者の同法第百六十四条第一項第四号イ」とあるのは「第一項中「除く。）」とあるのは「除き、当該非居住者の所得税法等の一部を改正する法律（平成二十六年法律第十号）第一条の規定による改正前の所得税法（次項において「旧所得税法」という。）第百六十四条第一項第四号イ」と、「第二項中「除く。）」とあるのは「除き、当該非居住者の同法第百六十四条第一項第四号イ」とあるのは「第二項中「除く。）」とあるのは「除き、当該非居住者の旧所得税法第百六十四条第一項第四号イ」とする。