This Act comes into effect on April 1, 2016; provided, however, that the provisions set forth in the following items come into effect on the dates specified in those items:

Except as otherwise provided, the provisions of Chapter II of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 10 (hereinafter referred to as the "New Act on Special Measures Concerning Taxation") apply to income tax for 2016 and subsequent years, and with regard to income tax for 2015 and prior years, the provisions then in force continue to govern.

The provisions of Article 4, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to an application for special tax-exempt savings prescribed in that paragraph that is submitted on or after the Effective Date, and with regard to an application for special tax-exempt savings prescribed in Article 4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that was submitted before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 10-2 of the New Act on Special Measures Concerning Taxation apply to equipment, etc. for promoting the reduction of energy-related environmental load prescribed in paragraph (1) of that Article that an individual acquires, or manufactures or constructs, on or after the Effective Date, and with regard to equipment, etc. for promoting the reduction of energy-related environmental load prescribed in Article 10-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation and specified equipment, etc. for promoting the reduction of energy-related environmental load prescribed in paragraph (6) of that Article that an individual acquired, or manufactured or constructed, before the Effective Date, the provisions then in force continue to govern.

②With regard to the application of the provisions of Article 10-2 of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date on which the Act Partially Amending the Act on Special Measures Concerning Procurement of Renewable Energy Electricity by Electricity Utilities, etc. (Act No. 59 of 2016) comes into effect, the phrase "Article 2, paragraph (5)" in paragraph (1), item (i) of that Article is deemed to be replaced with "Article 3, paragraph (2)".

The provisions of Article 10-5 of the New Act on Special Measures Concerning Taxation apply to income tax for 2017 and subsequent years, and with regard to income tax for 2016 and prior years, the provisions then in force continue to govern.

The provisions of Article 10-5-3 of the New Act on Special Measures Concerning Taxation apply to income tax for 2017 and subsequent years, and with regard to income tax for 2016 and prior years, the provisions then in force continue to govern.

With regard to specified productivity-improving equipment, etc. prescribed in Article 10-5-4, paragraph (3) or (6) of the Former Act on Special Measures Concerning Taxation for which an individual made an acquisition, etc. (meaning an acquisition, etc. prescribed in Article 10-5-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation; the same applies hereinafter in this Article) before the Effective Date, and specified productivity-improving equipment, etc. prescribed in paragraph (1) or (5) of that Article for which an individual made an acquisition, etc. before April 1, 2017, the provisions then in force continue to govern.

①With regard to production equipment for specified processed agricultural products prescribed in Article 11-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

②With regard to the application of the provisions of Article 13 of the New Act on Special Measures Concerning Taxation to income tax for 2016, the phrase "period (hereinafter referred to as the 'designated period' in this paragraph)" in paragraph (1) of that Article is deemed to be replaced with "period"; the phrase "which are specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, within the designated period of that year" with ", within that year"; and the phrase "equivalent amount" with "equivalent amount (or, for assets that do not fall under the assets specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, the amount calculated by multiplying that amount by the number of months in the period from January 1, 2016 to March 31 of that year (or, if the individual dies, or transfers or discontinues the whole of the business, before that date, the date of the death, or of the transfer or discontinuance of the whole of the business) and dividing the result by 12)".

③The number of months referred to in Article 13, paragraph (1) of the New Act on Special Measures Concerning Taxation as applied following the deemed replacement of terms pursuant to the provisions of the preceding paragraph is calculated in accordance with the calendar, and a fraction of less than one month is counted as one month.

④The provisions of Article 14, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to rental housing for the elderly with services prescribed in that paragraph that an individual acquires or newly builds on or after the Effective Date.

⑤With regard to rental housing for the elderly with services prescribed in Article 14, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired or newly built before the Effective Date, the provisions of that Article remain in force.

⑥The provisions of Article 15 of the New Act on Special Measures Concerning Taxation apply to warehouse buildings, etc. prescribed in Article 15, paragraph (1) of the New Act on Special Measures Concerning Taxation that an individual acquires or constructs on or after the date specified in Article 1, item (xv) of the Supplementary Provisions.

⑦With regard to buildings for warehouse use and their associated facilities, or structures, prescribed in Article 15, paragraph (1) of the Former Act on Special Measures Concerning Taxation that, on or before March 31, 2017, were acquired or constructed by an individual who, before the date specified in Article 1, item (xv) of the Supplementary Provisions, obtained the certification referred to in Article 4, paragraph (1) of the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 85 of 2005) prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016) (hereinafter referred to as the "Former Distribution Efficiency Act" in this paragraph), or by an individual who, before that date, obtained the confirmation prescribed in Article 7, paragraph (1) of the Former Distribution Efficiency Act, the provisions of that Article remain in force. In this case, the phrase "Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 85 of 2005)" in that paragraph is deemed to be replaced with "Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 85 of 2005) prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016; hereinafter referred to as the 'Distribution Efficiency Act Amendment Act' in this paragraph) (hereinafter referred to as the 'Former Distribution Efficiency Act' in this paragraph)"; the phrase "or that Act" with "or the Former Distribution Efficiency Act"; and the phrase "that Act stated in the certified comprehensive streamlining plan prescribed in Article 5, paragraph (2) of the Act on Advancement of Integration and Streamlining of Distribution Business" with "the Former Distribution Efficiency Act stated in the comprehensive streamlining plan prescribed in Article 2 of the Supplementary Provisions of the Distribution Efficiency Act Amendment Act".

①The provisions of Article 20, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to income tax for 2017 and subsequent years, and with regard to income tax for 2016 and prior years, the provisions then in force continue to govern.

②The provisions of Article 20-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to income tax for 2017 and subsequent years, and with regard to income tax for 2016 and prior years, the provisions then in force continue to govern.

The provisions of Article 22, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to the inclusion in gross revenue pertaining to business income of the amount of the reserve for exploration that an individual sets aside pursuant to the provisions of paragraph (1) of that Article in 2017 or a subsequent year, and with regard to the inclusion in gross revenue pertaining to business income of the amount of the reserve for exploration that an individual set aside pursuant to the provisions of Article 22, paragraph (1) of the Former Act on Special Measures Concerning Taxation in 2016 or a prior year, the provisions then in force continue to govern.

The provisions of Article 24-3, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to specified agricultural machinery, etc. prescribed in paragraph (1) of that Article that an individual acquires, or manufactures or constructs, on or after the Effective Date, and with regard to specified agricultural machinery, etc. prescribed in Article 24-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired, or manufactured or constructed, before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 28-3, paragraph (9), item (ii) of the New Act on Special Measures Concerning Taxation apply to income tax for which the due date for filing the amended return prescribed in paragraph (7) of that Article arrives on or after January 1, 2017.

②The provisions of Article 28-3, paragraph (11) of the New Act on Special Measures Concerning Taxation apply to the assets referred to in paragraph (2) of that Article for which an individual makes the acquisition prescribed in that paragraph or the improvement prescribed in that paragraph on or after the Effective Date, and with regard to the assets referred to in Article 28-3, paragraph (2) of the Former Act on Special Measures Concerning Taxation for which an individual made the acquisition prescribed in that paragraph or the improvement prescribed in that paragraph before the Effective Date, the provisions then in force continue to govern.

With regard to the exercise of specified foreign share options prescribed in Article 29-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a director, etc. or an heir succeeding to the rights prescribed in that paragraph carried out before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 30-2, paragraph (7), item (ii) of the New Act on Special Measures Concerning Taxation apply to income tax for which the due date for filing the amended return prescribed in paragraph (5) of that Article arrives on or after January 1, 2017.

①The provisions of Article 31-2, paragraph (9), item (ii) of the New Act on Special Measures Concerning Taxation apply to income tax for which the due date for filing the amended return prescribed in paragraph (7) of that Article arrives on or after January 1, 2017.

②The provisions of Article 33-3, paragraphs (2) and (3) of the New Act on Special Measures Concerning Taxation apply to a transfer of assets prescribed in Article 33-3, paragraph (2) of the New Act on Special Measures Concerning Taxation that an individual makes on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and with regard to a transfer of assets prescribed in Article 33-3, paragraph (2) 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 33-3, paragraph (5) of the New Act on Special Measures Concerning Taxation apply to a transfer of assets prescribed in Article 33-3, paragraph (4) of the New Act on Special Measures Concerning Taxation that an individual makes on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and with regard to a transfer of assets prescribed in Article 33-3, paragraph (4) of the Former Act on Special Measures Concerning Taxation that an individual made before that date, the provisions then in force continue to govern.

④The provisions of Article 33-5, paragraph (3), item (ii) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to Article 35, paragraph (10), Article 36-3, paragraph (5), Article 37-2, paragraph (4) and Article 37-8, paragraph (3) of the New Act on Special Measures Concerning Taxation) apply to income tax for which the due date for filing the amended return prescribed in Article 33-5, paragraph (1), Article 35, paragraph (8), Article 36-3, paragraphs (1) through (3), Article 37-2, paragraph (1) or (2) or Article 37-8, paragraph (1) of the New Act on Special Measures Concerning Taxation arrives on or after January 1, 2017.

⑤The provisions of Article 33-6, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to substitute assets, etc. prescribed in Article 33-6, paragraph (1) of the New Act on Special Measures Concerning Taxation for which an individual makes an acquisition (including manufacture and construction; the same applies hereinafter in this Article) on or after the Effective Date, and with regard to substitute assets, etc. prescribed in Article 33-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation for which an individual made an acquisition before the Effective Date, the provisions then in force continue to govern.

⑥The provisions of Article 37-3, paragraph (3) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to Article 37-5, paragraph (2) of the New Act on Special Measures Concerning Taxation) apply to assets listed in the right-hand column of the items of the table in Article 37, paragraph (1) of the New Act on Special Measures Concerning Taxation for which an individual makes an acquisition on or after the Effective Date, and with regard to assets listed in the right-hand column of the items of the table in Article 37, paragraph (1) of the Former Act on Special Measures Concerning Taxation for which an individual made an acquisition before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 37-11-3, paragraph (4) of the New Act on Special Measures Concerning Taxation apply in the case where the submission prescribed in paragraph (3), item (i) of that Article of a written notification for opening a specified account prescribed in that item is made on or after the Effective Date, and with regard to the case where the submission prescribed in Article 37-11-3, paragraph (3), item (i) of the Former Act on Special Measures Concerning Taxation of a written notification for opening a specified account prescribed in that item was made before the Effective Date, the provisions then in force continue to govern.

With regard to the shares prescribed in Article 37-13, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation that an individual acquired through payment before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 37-14, paragraph (6) of the New Act on Special Measures Concerning Taxation apply in the case where the submission prescribed in that paragraph of the documents specified in the items of that paragraph is made on or after the Effective Date, and with regard to the case where the submission prescribed in Article 37-14, paragraph (6) of the Former Act on Special Measures Concerning Taxation of the written application referred to in that paragraph was made before the Effective Date, the provisions then in force continue to govern.

②A resident or nonresident with a permanent establishment referred to in Article 37-14, paragraph (5), item (i) of the New Act on Special Measures Concerning Taxation who, as of October 1, 2017, has opened a tax-exempt account prescribed in that item in which a tax-exempt management account for 2017 prescribed in item (ii) of that paragraph has been established, and who, as of that date, has notified the head of the business office (meaning the business office prescribed in item (i) of that paragraph) of the financial instruments business operator, etc. prescribed in that item at which that tax-exempt account has been opened of the person's individual number prescribed in Article 2, paragraph (5) of the Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures, is deemed to have submitted, on that date, to the head of the business office of that financial instruments business operator, etc., the written application specified in Article 37-14, paragraph (6), item (ii) of the New Act on Special Measures Concerning Taxation as falling under the case listed in that item.

③If there has been a submission, by the resident or nonresident with a permanent establishment referred to in the preceding paragraph to the head of the business office of the financial instruments business operator, etc. referred to in that paragraph, by September 30, 2017, of a document stating that the person will not receive the application of the provisions of that paragraph and other matters specified by Order of the Ministry of Finance, the provisions of that paragraph do not apply to that resident or nonresident with a permanent establishment.

④The head of the business office of the financial instruments business operator, etc. referred to in paragraph (2) must notify a person to whom the provisions of that paragraph have applied or a person to whom the provisions of that paragraph are expected to apply, by October 15, 2017, that the provisions of that paragraph have applied or that the provisions of that paragraph are expected to apply.

⑤With regard to a written notification of opening of a tax-exempt account prescribed in Article 37-14, paragraph (5), item (i) of the Act on Special Measures Concerning Taxation for which the submission prescribed in that item was made to the head of the business office of the financial instruments business operator, etc., during the period from April 1, 2021 to December 31 of that year, by a resident or nonresident with a permanent establishment referred to in that item who, as of April 1, 2021, has opened a tax-exempt account prescribed in that item in which a tax-exempt management account for 2017 prescribed in item (iii) of that paragraph has been established and who, before that date, has not notified the head of the business office (meaning the business office prescribed in Article 37-14, paragraph (1) of the Act on Special Measures Concerning Taxation; the same applies hereinafter in this paragraph and the following paragraph) of the financial instruments business operator, etc. prescribed in that paragraph at which that tax-exempt account has been opened of the person's individual number prescribed in Article 2, paragraph (5) of the Act on the Use of Numbers to Identify a Specific Individual in Administrative Procedures (hereinafter referred to as the "individual number" in this paragraph and the following paragraph), the head of the business office of that financial instruments business operator, etc. may accept it, notwithstanding the provisions of paragraph (9) of that Article; provided, however, that this does not apply to a written notification of opening of a tax-exempt account in which a name, date of birth, domicile prescribed in paragraph (8) of that Article and individual number different from those of which notice was given under that paragraph are stated.

⑥A resident or nonresident with a permanent establishment referred to in Article 37-14, paragraph (5), item (i) of the Act on Special Measures Concerning Taxation who, as of December 31, 2021, has opened a tax-exempt account prescribed in that item in which a tax-exempt management account for 2017 prescribed in item (iii) of that paragraph has been established, and who, as of that date, has not notified the head of the business office of the financial instruments business operator, etc. prescribed in paragraph (1) of that Article at which that tax-exempt account has been opened of the person's individual number, is deemed to have made, on January 1, 2022, to the head of the business office of that financial instruments business operator, etc., the submission prescribed in paragraph (16) of that Article of a written notification of closure of a tax-exempt account prescribed in that paragraph, and the provisions of paragraphs (17) and (18) of that Article apply.

⑦The provisions of Article 37-14-2, paragraph (12) of the New Act on Special Measures Concerning Taxation apply in the case where the submission prescribed in that paragraph of the written application referred to in that paragraph is made on or after the Effective Date, and with regard to the case where the submission prescribed in Article 37-14-2, paragraph (12) of the Former Act on Special Measures Concerning Taxation of the written application referred to in that paragraph was made before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 40-3-2, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (iv)) apply to gifts referred to in that paragraph made on or after the Effective Date.

①The provisions of Article 40-3-3, paragraphs (3) and (4) of the New Act on Special Measures Concerning Taxation apply to income tax of a nonresident for 2018 and subsequent years.

②The provisions of Article 40-3-3, paragraphs (5) through (8) of the New Act on Special Measures Concerning Taxation apply to income tax of a nonresident for 2018 and subsequent years, and with regard to income tax of a nonresident for 2017 and prior years, the provisions then in force continue to govern.

①The provisions of Articles 41 through 41-3 of the New Act on Special Measures Concerning Taxation (limited to the part concerning an individual who makes a housing acquisition, etc. prescribed in Article 41, paragraph (1) of the New Act on Special Measures Concerning Taxation or new construction, etc. of a certified house prescribed in paragraph (10) of that Article) apply in the case where an individual makes that housing acquisition, etc. or that new construction, etc. of a certified house on or after the Effective Date, and with regard to the case where an individual made a housing acquisition, etc. prescribed in Article 41, paragraph (1) of the Former Act on Special Measures Concerning Taxation or new construction, etc. of a certified house prescribed in paragraph (10) of that Article before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 41-3, paragraph (3), item (ii) of the New Act on Special Measures Concerning Taxation (limited to the part concerning an amended return under the provisions of paragraph (1) of that Article) apply to income tax for which the due date for filing the amended return prescribed in paragraph (1) of that Article arrives on or after January 1, 2017.

①The provisions of Article 41-3-2 of the New Act on Special Measures Concerning Taxation (limited to the part concerning an individual who carries out housing renovation work, etc. prescribed in paragraph (1) or (5) of that Article) apply in the case where an individual carries out that housing renovation work, etc. on or after the Effective Date, and with regard to the case where an individual carried out housing renovation work, etc. prescribed in Article 41-3-2, paragraph (1) or (5) of the Former Act on Special Measures Concerning Taxation before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 41-3-2 of the New Act on Special Measures Concerning Taxation (limited to the part concerning the amount of housing loans, etc. for specified renovation work, etc. prescribed in paragraph (1) of that Article, specified renovation work, etc. for multi-generational cohabitation prescribed in paragraph (2), item (iii) of that Article and housing renovation work, etc. prescribed in paragraph (8) of that Article) apply in the case where an individual, on or after the Effective Date, uses a house on which the individual has carried out housing renovation work, etc. prescribed in paragraph (1), (5) or (8) of that Article (limited to the part pertaining to that housing renovation work, etc.; the same applies hereinafter in this paragraph) as the individual's residence as provided in paragraph (1), (5) or (8) of that Article, and with regard to the case where an individual, before the Effective Date, used a house on which the individual had carried out housing renovation work, etc. prescribed in Article 41-3-2, paragraph (1) or (5) of the Former Act on Special Measures Concerning Taxation as the individual's residence as provided in paragraph (1) or (5) of that Article, the provisions then in force continue to govern.

The provisions of Article 41-5, paragraph (16), item (ii) of the New Act on Special Measures Concerning Taxation apply to income tax for which the due date for filing the amended return prescribed in paragraph (13) or (14) of that Article arrives on or after January 1, 2017.

The provisions of Article 41-14 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (1), items (i) and (ii)) apply to futures transactions prescribed in that paragraph that an individual carries out on or after October 1, 2016, and with regard to futures transactions prescribed in Article 41-14, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual carried out before that date, the provisions then in force continue to govern.

The provisions of Article 41-19-2 of the New Act on Special Measures Concerning Taxation apply in the case where an individual carries out a seismic retrofit of a house prescribed in paragraph (1) of that Article on or after the Effective Date, and with regard to the case where an individual carried out a seismic retrofit of a house prescribed in Article 41-19-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 41-19-3 of the New Act on Special Measures Concerning Taxation (limited to the part concerning a specified individual prescribed in paragraph (1) of that Article who carries out renovation work to make a home suitable for elderly persons, etc. prescribed in that paragraph or an individual who carries out general heat insulation renovation work, etc. prescribed in paragraph (3) of that Article) apply in the case where an individual carries out that renovation work to make a home suitable for elderly persons, etc. or that general heat insulation renovation work, etc. on or after the Effective Date, and with regard to the case where an individual carried out renovation work to make a home suitable for elderly persons, etc. prescribed in Article 41-19-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation or general heat insulation renovation work, etc. prescribed in paragraph (3) of that Article before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 41-19-4 of the New Act on Special Measures Concerning Taxation (limited to the part concerning an individual who newly constructs or acquires a certified house prescribed in paragraph (1) of that Article) apply in the case where an individual newly constructs or acquires that certified house on or after the Effective Date, and with regard to the case where an individual newly constructed or acquired a certified house prescribed in Article 41-19-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 41-19-4, paragraph (16), item (ii) of the New Act on Special Measures Concerning Taxation (limited to the part concerning an amended return under the provisions of paragraph (14) of that Article) apply to income tax for which the due date for filing the amended return prescribed in paragraph (14) of that Article arrives on or after January 1, 2017.

①The provisions of Article 41-19-5, paragraphs (3) and (4) of the New Act on Special Measures Concerning Taxation apply to income tax of a resident for 2018 and subsequent years.

②The provisions of Article 41-19-5, paragraphs (5), (6) and (13) of the New Act on Special Measures Concerning Taxation apply to income tax of a resident for 2018 and subsequent years, and with regard to income tax of a resident for 2017 and prior years, the provisions then in force continue to govern.

The provisions of Article 42-2, paragraph (2), item (i) of the New Act on Special Measures Concerning Taxation apply to specified interest prescribed in Article 42-2, paragraph (1) of the New Act on Special Measures Concerning Taxation that a foreign financial institution, etc. prescribed in paragraph (2) of that Article is to receive on or after the application start date (meaning the application start date prescribed in Article 56, paragraph (1) of the Supplementary Provisions; the same applies hereinafter in this Article), and with regard to specified interest prescribed in Article 42-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a foreign financial institution, etc. prescribed in paragraph (2) of that Article is to receive before the application start date, the provisions then in force continue to govern.

Except as otherwise provided, the provisions of Chapter III of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years beginning on or after the Effective Date and corporation tax of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation for consolidated 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 and corporation tax of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation for consolidated business years that began before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 42-5 of the New Act on Special Measures Concerning Taxation apply to equipment, etc. for promoting the reduction of energy-related environmental load prescribed in paragraph (1) of that Article that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and with regard to equipment, etc. for promoting the reduction of energy-related environmental load prescribed in Article 42-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation and specified equipment, etc. for promoting the reduction of energy-related environmental load prescribed in paragraph (6) of that Article that a corporation acquired, or manufactured or constructed, before the Effective Date, the provisions then in force continue to govern.

②With regard to the application of the provisions of Article 42-5 of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date on which the Act Partially Amending the Act on Special Measures Concerning Procurement of Renewable Energy Electricity by Electricity Utilities, etc. (Act No. 59 of 2016) comes into effect, the phrase "Article 2, paragraph (5)" in paragraph (1), item (i) of that Article is deemed to be replaced with "Article 3, paragraph (2)".

With regard to the inclusion in gross profit of the amount of the reserve for special depreciation that a corporation set aside pursuant to the provisions of Article 42-6, paragraph (5) of the Former Act on Special Measures Concerning Taxation in a business year that began before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 42-10, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the depreciation limit (meaning the limit of the amount to be included in deductible expenses as depreciation allowance; the same applies hereinafter in this paragraph and paragraph (1) of the following Article) for specified machinery and equipment, etc. prescribed in that paragraph that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and with regard to the depreciation limit for specified machinery and equipment, etc. prescribed in Article 42-10, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, or manufactured or constructed, before the Effective Date, the provisions then in force continue to govern.

②In the case where a consolidated subsidiary corporation has had its approval under Article 4-2 of the Corporation Tax Act revoked pursuant to the provisions of Article 4-5, paragraph (1) of that Act, with regard to the amount equivalent to the amount pertaining to that consolidated subsidiary corporation, out of the amount deducted from the amount of corporation tax on consolidated income pursuant to the provisions of Article 68-14, paragraph (2) or (3) of the Former Act on Special Measures Concerning Taxation in any consolidated business year that began before the Effective Date, out of the consolidated business years of that consolidated subsidiary corporation beginning within five years before the revocation date prescribed in Article 42-10, paragraph (5) of the Former Act on Special Measures Concerning Taxation, the provisions then in force continue to govern.

①The provisions of Article 42-11, paragraphs (1) and (2) of the New Act on Special Measures Concerning Taxation apply to the depreciation limit for specified machinery and equipment, etc. prescribed in paragraph (1) of that Article that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and to the amount deducted, for that specified machinery and equipment, etc., from the corporation tax before adjustment (meaning the corporation tax before adjustment prescribed in paragraph (2) of that Article) on income for the business year that includes the day on which that specified machinery and equipment, etc. is used for the specified international strategic business prescribed in paragraph (1) of that Article, in that business year, and with regard to the depreciation limit for specified machinery and equipment, etc. prescribed in Article 42-11, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, or manufactured or constructed, before the Effective Date, and the amount deducted, for that specified machinery and equipment, etc., from the corporation tax before adjustment (meaning the corporation tax before adjustment prescribed in paragraph (2) of that Article) on income for the business year that includes the day on which that specified machinery and equipment, etc. was used for the specified international strategic business prescribed in that paragraph, in that business year, the provisions then in force continue to govern.

②In the case where a consolidated subsidiary corporation has had its approval under Article 4-2 of the Corporation Tax Act revoked pursuant to the provisions of Article 4-5, paragraph (1) of that Act, with regard to the amount equivalent to the amount pertaining to that consolidated subsidiary corporation, out of the amount deducted from the amount of corporation tax on consolidated income pursuant to the provisions of Article 68-15, paragraph (2) or (3) of the Former Act on Special Measures Concerning Taxation in any consolidated business year that began before the Effective Date, out of the consolidated business years of that consolidated subsidiary corporation beginning within five years before the revocation date prescribed in Article 42-11, paragraph (5) of the Former Act on Special Measures Concerning Taxation, the provisions then in force continue to govern.

With regard to the application of the provisions of Article 42-12-2, paragraph (3) of the New Act on Special Measures Concerning Taxation in a business year of a corporation that began before the Effective Date, the phrase "and Part III, Chapter II" in that paragraph is deemed to be replaced with "(including the cases where Articles 72 and 74 of that Act are applied mutatis mutandis pursuant to Article 145, paragraph (1) of the Corporation Tax Act prior to the amendment by the provisions of Article 3 of the Act Partially Amending the Income Tax Act, etc. (Act No. 10 of 2014) in the case where the provisions then in force continue to govern pursuant to the provisions of Article 25 of the Supplementary Provisions of that Act)"; the phrase ", that Act" with ", the Corporation Tax Act"; and the words ", the phrase ',' in Article 144 of that Act is deemed to be replaced with ', the phrase “amount of corporation tax” is deemed to be replaced with “amount of corporation tax (where there is an amount to be deducted pursuant to the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation, the amount remaining after deducting that amount)”,'; the phrase 'amount of corporation tax on' in Article 144-2, paragraph (1) of that Act is deemed to be replaced with 'amount of corporation tax (where there is an amount to be deducted pursuant to the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation, the amount remaining after deducting that amount; the same applies in the following paragraph and paragraph (3)) on'; the phrase 'the provisions of' in Article 144-4, paragraph (1), item (iii) of that Act is deemed to be replaced with 'the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation and of'; the phrase 'the preceding Section' in item (iv) of that paragraph and paragraph (2), item (ii) of that Article is deemed to be replaced with 'the preceding Section and Article 42-12-2, paragraph (1) of the Act on Special Measures Concerning Taxation'; the phrase 'the provisions of' in Article 144-6, paragraph (1), item (iii) of that Act is deemed to be replaced with 'the provisions of Article 42-12-2, paragraph (1) (Special Corporation Tax Credit Where a Donation Is Made in Connection with a Donation-Utilizing Project of a Certified Local Government) of the Act on Special Measures Concerning Taxation and of'; and the phrase 'the preceding Section' in item (iv) of that paragraph and paragraph (2), item (ii) of that Article is deemed to be replaced with 'the preceding Section and Article 42-12-2, paragraph (1) of the Act on Special Measures Concerning Taxation'" are deemed to be deleted.

①With regard to specified productivity-improving equipment, etc. prescribed in Article 42-12-5, paragraph (2) or (8) of the Former Act on Special Measures Concerning Taxation for which a corporation made an acquisition, etc. (meaning an acquisition, etc. prescribed in paragraph (1) of that Article; the same applies hereinafter in this paragraph) before the Effective Date, and specified productivity-improving equipment, etc. prescribed in paragraph (1) or (7) of that Article for which a corporation made an acquisition, etc. before April 1, 2017, the provisions then in force continue to govern.

②With regard to the inclusion in gross profit of the amount of the reserve for special depreciation that a corporation set aside pursuant to the provisions of Article 42-12-5, paragraph (5) of the Former Act on Special Measures Concerning Taxation in a business year that began before the Effective Date, the provisions then in force continue to govern.

①With regard to production equipment for specified processed agricultural products prescribed in Article 44-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 44-5, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified telecommunications equipment prescribed in Article 44-5, paragraph (1) of the New Act on Special Measures Concerning Taxation for which a corporation makes an acquisition, etc. (meaning an acquisition, or manufacture or construction; the same applies hereinafter in this paragraph and the following paragraph) on or after the date specified in Article 1, item (xvi) of the Supplementary Provisions, and with regard to specified reliability-enhancing equipment prescribed in Article 44-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation for which a corporation made an acquisition, etc. before that date, the provisions then in force continue to govern.

③With regard to disaster countermeasure core broadcasting equipment, etc. prescribed in Article 44-5, paragraph (2) of the Former Act on Special Measures Concerning Taxation for which a corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

④The provisions of Article 46 of the New Act on Special Measures Concerning Taxation apply to corporation tax of a corporation for business years ending on or after the Effective Date, and with regard to corporation tax of a corporation for business years that ended before the Effective Date, the provisions then in force continue to govern.

⑤With regard to the application of the provisions of Article 46 of the New Act on Special Measures Concerning Taxation in a business year of a corporation that began before the Effective Date and ends on or after the Effective Date, the phrase "period (hereinafter referred to as the 'designated period' in this paragraph)" in paragraph (1) of that Article is deemed to be replaced with "period"; the phrase ", which are specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, within the designated period of that business year" with ", within that business year"; and the phrase "meaning the amount" with "meaning the amount (or, for those that do not fall under assets specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, the amount calculated by multiplying that amount by the number of months in the period from the first day of that business year to March 31, 2016, and dividing the result by the number of months in that business year)".

⑥The number of months referred to in Article 46, paragraph (1) of the New Act on Special Measures Concerning Taxation as applied following the deemed replacement of terms pursuant to the provisions of the preceding paragraph is calculated in accordance with the calendar, and a fraction of less than one month is counted as one month.

⑦The provisions of Article 47, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to rental housing for the elderly with services prescribed in that paragraph that a corporation acquires or newly builds on or after the Effective Date.

⑧With regard to rental housing for the elderly with services prescribed in Article 47, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or newly built before the Effective Date, the provisions of that Article remain in force. In this case, the phrase "Article 68-34, paragraph (1)" in paragraph (2) of that Article is deemed to be replaced with "Article 68-34, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 10 of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016), which remains in force pursuant to the provisions of Article 115, paragraph (8) of the Supplementary Provisions of that Act".

⑨The provisions of Article 48 of the New Act on Special Measures Concerning Taxation apply to warehouse buildings, etc. prescribed in Article 48, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires or constructs on or after the date specified in Article 1, item (xv) of the Supplementary Provisions.

⑩With regard to buildings for warehouse use and their associated facilities, or structures, prescribed in Article 48, paragraph (1) of the Former Act on Special Measures Concerning Taxation that, on or before March 31, 2017, were acquired or constructed by a corporation that, before the date specified in Article 1, item (xv) of the Supplementary Provisions, obtained the certification referred to in Article 4, paragraph (1) of the Act on Advancement of Integration and Streamlining of Distribution Business prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016) (hereinafter referred to as the "Former Distribution Efficiency Act" in this paragraph), or by a corporation that, before that date, obtained the confirmation prescribed in Article 7, paragraph (1) of the Former Distribution Efficiency Act, the provisions of that Article remain in force. In this case, the phrase ", the Act on Advancement of Integration and Streamlining of Distribution Business" in that paragraph is deemed to be replaced with ", the Act on Advancement of Integration and Streamlining of Distribution Business prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016; hereinafter referred to as the 'Distribution Efficiency Act Amendment Act' in this paragraph) (hereinafter referred to as the 'Former Distribution Efficiency Act' in this paragraph)"; the phrase "or that Act" with "or the Former Distribution Efficiency Act"; the phrase "that Act stated in the certified comprehensive streamlining plan prescribed in Article 5, paragraph (2) of the Act on Advancement of Integration and Streamlining of Distribution Business" with "the Former Distribution Efficiency Act stated in the comprehensive streamlining plan prescribed in Article 2 of the Supplementary Provisions of the Distribution Efficiency Act Amendment Act"; and the phrase "Article 68-36, paragraph (1)" in paragraph (2) of that Article with "Article 68-36, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by the provisions of Article 10 of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016), which remains in force pursuant to the provisions of Article 115, paragraph (10) of the Supplementary Provisions of that Act".

①The provisions of Article 55 of the New Act on Special Measures Concerning Taxation (excluding paragraph (4)) apply to specified shares, etc. referred to in paragraph (1) of that Article that a corporation acquires on or after the Effective Date, and with regard to specified shares, etc. referred to in Article 55, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date, the provisions then in force continue to govern.

The provisions of Article 58, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to the inclusion in gross profit of the amount of the reserve for exploration or the reserve for overseas exploration that a corporation sets aside pursuant to the provisions of paragraph (1) or (2) of that Article in a business year beginning on or after the Effective Date (including the reserve for exploration or the reserve for overseas exploration set aside pursuant to the provisions of Article 68-61, paragraph (1) or (2) of the New Act on Special Measures Concerning Taxation in a consolidated business year beginning on or after the Effective Date), and the provisions then in force continue to govern the inclusion in gross profit of the amount of the reserve for exploration or the reserve for overseas exploration that a corporation set aside pursuant to the provisions of Article 58, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation in a business year that began before the Effective Date (including the reserve for exploration or the reserve for overseas exploration set aside pursuant to the provisions of Article 68-61, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation in a consolidated business year that began before the Effective Date).

With regard to corporation tax for the applicable business years prescribed in Article 61, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to the designation prescribed in that paragraph, of a corporation that received that designation before the Effective Date, and corporation tax for the business year that includes the date of revocation prescribed in paragraph (5) of that Article, the provisions then in force continue to govern.

The provisions of Article 61-3, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to specified agricultural machinery, etc. prescribed in paragraph (1) of that Article that a corporation acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern specified agricultural machinery, etc. prescribed in Article 61-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, manufactured or constructed before the Effective Date.

①The provisions of Article 64, paragraph (6) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (9) of that Article and Article 64-2, paragraph (14) and Article 65, paragraph (12) of the New Act on Special Measures Concerning Taxation) apply to substitute assets prescribed in Article 64, paragraph (1) of the New Act on Special Measures Concerning Taxation and assets acquired by exchange prescribed in Article 65, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires (including manufacture and construction; the same applies hereinafter in this paragraph and paragraph (4)) on or after the Effective Date, and the provisions then in force continue to govern substitute assets prescribed in Article 64, paragraph (1) of the Former Act on Special Measures Concerning Taxation and assets acquired by exchange prescribed in Article 65, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date.

②The provisions of Article 65, paragraph (1) (limited to the part concerning item (iv)) and paragraph (7) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (iv) of the New Act on Special Measures Concerning Taxation made by a corporation on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and the provisions then in force continue to govern corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation made by a corporation before that date.

③The provisions of Article 65, paragraph (8) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (v) of the New Act on Special Measures Concerning Taxation made by a corporation on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and the provisions then in force continue to govern corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (v) of the Former Act on Special Measures Concerning Taxation made by a corporation before that date.

④The provisions of Article 65-7, paragraph (7) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (10) of that Article and Article 65-8, paragraph (16) of the New Act on Special Measures Concerning Taxation) apply to assets listed in the right-hand column of the items of the table in Article 65-7, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires on or after the Effective Date, and the provisions then in force continue to govern assets listed in the right-hand column of the items of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired before the Effective Date.

①The provisions of Article 66-4, paragraphs (6) and (7) 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, 2017.

②The provisions of Article 66-4, paragraphs (8), (9), (11) and (12) 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, 2017, and the provisions then in force continue to govern corporation tax of a corporation for business years that began before that date.

③The provisions of Article 66-4-3, paragraphs (4) and (5) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a foreign corporation for business years beginning on or after April 1, 2017.

④The provisions of Article 66-4-3, paragraphs (6), (7) and (14) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a foreign corporation for business years beginning on or after April 1, 2017, and the provisions then in force continue to govern corporation tax of a foreign corporation for business years that began before that date.

⑤The provisions of Article 66-4-4 of the New Act on Special Measures Concerning Taxation apply to the country-by-country report prescribed in paragraph (1) of that Article pertaining to an ultimate parent fiscal year (meaning the ultimate parent fiscal year prescribed in paragraph (4), item (vii) of that Article; the same applies in the following paragraph) beginning on or after the Effective Date.

⑥The provisions of Article 66-4-5 of the New Act on Special Measures Concerning Taxation apply to the business overview report items prescribed in paragraph (1) of that Article pertaining to an ultimate parent fiscal year beginning on or after the Effective Date.

The provisions of Article 66-6, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to the amount of applicable income prescribed in paragraph (1) of that Article for a business year, beginning on or after the Effective Date, of a specified foreign subsidiary, etc. prescribed in that paragraph, and the provisions then in force continue to govern the amount of applicable income prescribed in Article 66-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation for a business year, beginning before the Effective Date, of a specified foreign subsidiary, etc. prescribed in that paragraph.

The provisions of Article 67-4, paragraph (12) of the New Act on Special Measures Concerning Taxation apply to fixed assets that a corporation acquires or improves as prescribed in paragraph (2) of that Article on or after the Effective Date, and the provisions then in force continue to govern fixed assets that a corporation acquired or improved as prescribed in Article 67-4, paragraph (2) of the Former Act on Special Measures Concerning Taxation before the Effective Date.

The provisions of Article 67-5, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to low-value depreciable assets prescribed in that paragraph that a small and medium sized enterprise, etc. prescribed in that paragraph acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern low-value depreciable assets prescribed in that paragraph that a small and medium sized enterprise, etc. prescribed in Article 67-5, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquired, manufactured or constructed before the Effective Date.

The provisions of Article 67-5-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply in the case where the fact prescribed in that paragraph occurs on or after the Effective Date, and the provisions then in force continue to govern the case where the fact prescribed in Article 67-5-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation occurred before the Effective Date.

①The provisions of Article 67-18, paragraphs (3) and (4) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a domestic corporation for business years beginning on or after April 1, 2017.

②The provisions of Article 67-18, paragraphs (5), (6) and (13) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a domestic corporation for business years beginning on or after April 1, 2017, and the provisions then in force continue to govern corporation tax of a domestic corporation for business years that began before that date.

With regard to a merger listed in Article 68-2, item (i) of the Former Act on Special Measures Concerning Taxation that was carried out before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 68-3-4, paragraph (3) of the New Act on Special Measures Concerning Taxation apply in the case where a foreign corporation that has a permanent establishment ceases to have a permanent establishment in a business year beginning on or after the Effective Date.

②The provisions of Article 68-3-4, paragraph (4) of the New Act on Special Measures Concerning Taxation apply in the case where a foreign corporation that does not have a permanent establishment comes to have a permanent establishment on or after the Effective Date.

①The provisions of Article 68-10 of the New Act on Special Measures Concerning Taxation apply to equipment, etc. for promoting the reduction of energy-related environmental load prescribed in paragraph (1) of that Article that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern equipment, etc. for promoting the reduction of energy-related environmental load prescribed in Article 68-10, paragraph (1) of the Former Act on Special Measures Concerning Taxation and specified equipment, etc. for promoting the reduction of energy-related environmental load prescribed in paragraph (6) of that Article that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired, manufactured or constructed before the Effective Date.

②With regard to the application of the provisions of Article 68-10 of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date on which the Act Partially Amending the Act on Special Measures Concerning Procurement of Renewable Energy Electricity by Electricity Utilities, etc. (Act No. 59 of 2016) comes into effect, the phrase "the items of Article 42-5, paragraph (1)" in paragraph (1) of that Article is deemed to be replaced with "the items of Article 42-5, paragraph (1) as replaced and read pursuant to the provisions of Article 86, paragraph (2) of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016)".

With regard to the inclusion in gross profit of the amount of the reserve for special depreciation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation set aside pursuant to the provisions of Article 68-11, paragraph (5) of the Former Act on Special Measures Concerning Taxation in a consolidated business year that began before the Effective Date, the provisions then in force continue to govern.

①The provisions of Article 68-14, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to the depreciation limit for specified machinery and equipment, etc. (meaning the limit of the amount to be included in deductible expenses as depreciation allowance; the same applies hereinafter in this paragraph and paragraph (1) of the following Article) prescribed in that paragraph that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern the depreciation limit for specified machinery and equipment, etc. prescribed in Article 68-14, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired, manufactured or constructed before the Effective Date.

②In the case where a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation has had its approval under Article 4-2 of the Corporation Tax Act revoked pursuant to the provisions of Article 4-5, paragraph (1) of that Act, with regard to the amount equivalent to the amount pertaining to that consolidated parent corporation or its consolidated subsidiary corporation, out of the amount deducted from the amount of corporation tax on consolidated income, in any of the consolidated business years of that consolidated parent corporation or its consolidated subsidiary corporation beginning within five years before the revocation date prescribed in Article 68-14, paragraph (5) of the Former Act on Special Measures Concerning Taxation that began before the Effective Date, pursuant to the provisions of paragraph (2) or (3) of that Article, the provisions then in force continue to govern.

①The provisions of Article 68-14-2, paragraphs (1) and (2) of the New Act on Special Measures Concerning Taxation apply to the depreciation limit for specified machinery and equipment, etc. prescribed in paragraph (1) of that Article that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires, manufactures or constructs on or after the Effective Date, and to the amount deducted, for that specified machinery and equipment, etc., from the consolidated tax before adjustment (meaning the consolidated tax before adjustment prescribed in paragraph (2) of that Article) on consolidated income for the consolidated business year that includes the day on which that specified machinery and equipment, etc. is used for the specified international strategic business prescribed in paragraph (1) of that Article, in that consolidated business year, and the provisions then in force continue to govern the depreciation limit for specified machinery and equipment, etc. prescribed in Article 68-15, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired, manufactured or constructed before the Effective Date, and the amount deducted, for that specified machinery and equipment, etc., from the consolidated tax before adjustment (meaning the consolidated tax before adjustment prescribed in paragraph (2) of that Article) on consolidated income for the consolidated business year that includes the day on which that specified machinery and equipment, etc. was used for the specified international strategic business prescribed in that paragraph, in that consolidated business year.

②In the case where a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation has had its approval under Article 4-2 of the Corporation Tax Act revoked pursuant to the provisions of Article 4-5, paragraph (1) of that Act, with regard to the amount equivalent to the amount pertaining to that consolidated parent corporation or its consolidated subsidiary corporation, out of the amount deducted from the amount of corporation tax on consolidated income, in any of the consolidated business years of that consolidated parent corporation or its consolidated subsidiary corporation beginning within five years before the revocation date prescribed in Article 68-15, paragraph (5) of the Former Act on Special Measures Concerning Taxation that began before the Effective Date, pursuant to the provisions of paragraph (2) or (3) of that Article, the provisions then in force continue to govern.

The provisions of Article 68-15-2 of the New Act on Special Measures Concerning Taxation apply to corporation tax for consolidated business years for which the consolidated corporation's consolidated parent corporation business year (meaning the consolidated parent corporation business year prescribed in Article 15-2, paragraph (1) of the Corporation Tax Act; the same applies hereinafter) begins on or after the Effective Date, and the provisions then in force continue to govern corporation tax for consolidated business years for which the consolidated corporation's consolidated parent corporation business year began before the Effective Date.

With regard to the application of the provisions of Article 68-15-3, paragraph (4) of the New Act on Special Measures Concerning Taxation in a consolidated business year for which the consolidated parent corporation business year of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation ended before April 1, 2018, the phrase "10.3 percent" in that paragraph is deemed to be replaced with "4.4 percent".

The provisions of Article 68-15-5 of the New Act on Special Measures Concerning Taxation apply to corporation tax for consolidated business years for which the consolidated corporation's consolidated parent corporation business year begins on or after the Effective Date, and the provisions then in force continue to govern corporation tax for consolidated business years for which the consolidated corporation's consolidated parent corporation business year began before the Effective Date.

①With regard to the specified productivity-enhancing equipment, etc. prescribed in Article 68-15-6, paragraph (2) or (8) of the Former Act on Special Measures Concerning Taxation for which a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation made an acquisition, etc. (meaning an acquisition, etc. prescribed in paragraph (1) of that Article; the same applies hereinafter in this paragraph) before the Effective Date, and the specified productivity-enhancing equipment, etc. prescribed in paragraph (1) or (7) of that Article for which a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation made an acquisition, etc. before April 1, 2017, the provisions then in force continue to govern.

②With regard to the inclusion in gross profit of the amount of the reserve for special depreciation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation set aside pursuant to the provisions of Article 68-15-6, paragraph (5) of the Former Act on Special Measures Concerning Taxation in a consolidated business year that began before the Effective Date, the provisions then in force continue to govern.

①With regard to the production equipment for specified processed agricultural products prescribed in Article 68-25, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired or manufactured before the Effective Date, the provisions then in force continue to govern.

②The provisions of Article 68-26, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified telecommunications equipment prescribed in Article 68-26, paragraph (1) of the New Act on Special Measures Concerning Taxation for which a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation makes an acquisition, etc. (meaning an acquisition, manufacture or construction; the same applies hereinafter in this paragraph and the following paragraph) on or after the date specified in Article 1, item (xvi) of the Supplementary Provisions, and the provisions then in force continue to govern specified reliability-enhancing equipment prescribed in Article 68-26, paragraph (1) of the Former Act on Special Measures Concerning Taxation for which a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation made an acquisition, etc. before that date.

③With regard to the disaster countermeasure core broadcasting equipment, etc. prescribed in Article 68-26, paragraph (2) of the Former Act on Special Measures Concerning Taxation for which a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation made an acquisition, etc. before the Effective Date, the provisions then in force continue to govern.

④The provisions of Article 68-31 of the New Act on Special Measures Concerning Taxation apply to corporation tax of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation for consolidated business years ending on or after the Effective Date, and the provisions then in force continue to govern corporation tax of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation for consolidated business years that ended before the Effective Date.

⑤With regard to the application of the provisions of Article 68-31 of the New Act on Special Measures Concerning Taxation in a consolidated business year of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that began before the Effective Date and ends on or after the Effective Date, the phrase "period (hereinafter referred to as the 'designated period' in this paragraph)" in paragraph (1) of that Article is deemed to be replaced with "period"; the phrase ", which are specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, within the designated period of that consolidated business year" with ", within that consolidated business year"; and the phrase "meaning the amount" with "meaning the amount (or, for those that do not fall under assets specified by Cabinet Order as being located at a place of business where persons with disabilities engage in work, the amount calculated by multiplying that amount by the number of months in the period from the first day of that consolidated business year to March 31, 2016, and dividing the result by the number of months in that consolidated business year)".

⑥The number of months referred to in Article 68-31, paragraph (1) of the New Act on Special Measures Concerning Taxation as applied following the deemed replacement of terms pursuant to the provisions of the preceding paragraph is calculated in accordance with the calendar, and a fraction of less than one month is counted as one month.

⑦The provisions of Article 68-34, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to rental housing for the elderly with services prescribed in that paragraph that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires or newly builds on or after the Effective Date.

⑧With regard to rental housing for the elderly with services prescribed in Article 68-34, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired or newly built before the Effective Date, the provisions of that Article remain in force. In this case, the phrase "Article 47, paragraph (1)" in paragraph (2) of that Article is deemed to be replaced with "Article 47, paragraph (1) of the Act on Special Measures Concerning Taxation before the amendment by Article 10 of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016), which remains in force pursuant to the provisions of Article 92, paragraph (8) of the Supplementary Provisions of that Act".

⑨The provisions of Article 68-36 of the New Act on Special Measures Concerning Taxation apply to warehouse buildings, etc. prescribed in Article 68-36, paragraph (1) of the New Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires or constructs on or after the date specified in Article 1, item (xv) of the Supplementary Provisions.

⑩With regard to buildings for warehouse use and their associated facilities, or structures, prescribed in Article 68-36, paragraph (1) of the Former Act on Special Measures Concerning Taxation that, on or before March 31, 2017, were acquired or constructed by a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that, before the date specified in Article 1, item (xv) of the Supplementary Provisions, obtained the certification referred to in Article 4, paragraph (1) of the Act on Advancement of Integration and Streamlining of Distribution Business prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016) (hereinafter referred to as the "Former Distribution Efficiency Act" in this paragraph), or that, before that date, obtained the confirmation prescribed in Article 7, paragraph (1) of the Former Distribution Efficiency Act, the provisions of that Article remain in force. In this case, the phrase ", the Act on Advancement of Integration and Streamlining of Distribution Business" in that paragraph is deemed to be replaced with ", the Act on Advancement of Integration and Streamlining of Distribution Business prior to the amendment by the Act Partially Amending the Act on Advancement of Integration and Streamlining of Distribution Business (Act No. 36 of 2016; hereinafter referred to as the 'Distribution Efficiency Act Amendment Act' in this paragraph) (hereinafter referred to as the 'Former Distribution Efficiency Act' in this paragraph)"; the phrase "or that Act" with "or the Former Distribution Efficiency Act"; the phrase "that Act stated in the certified comprehensive streamlining plan prescribed in Article 5, paragraph (2) of the Act on Advancement of Integration and Streamlining of Distribution Business" with "the Former Distribution Efficiency Act stated in the comprehensive streamlining plan prescribed in Article 2 of the Supplementary Provisions of the Distribution Efficiency Act Amendment Act"; and the phrase "Article 48, paragraph (1)" in paragraph (2) of that Article with "Article 48, paragraph (1) of the Act on Special Measures Concerning Taxation before the amendment by Article 10 of the Act Partially Amending the Income Tax Act, etc. (Act No. 15 of 2016), which remains in force pursuant to the provisions of Article 92, paragraph (10) of the Supplementary Provisions of that Act".

①The provisions of Article 68-43 of the New Act on Special Measures Concerning Taxation (excluding paragraph (4)) apply to specified shares, etc. referred to in paragraph (1) of that Article that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires on or after the Effective Date, and the provisions then in force continue to govern specified shares, etc. referred to in Article 68-43, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired before the Effective Date.

The provisions of Article 68-61, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to the inclusion in gross profit of the amount of the reserve for exploration or the reserve for overseas exploration that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation sets aside pursuant to the provisions of paragraph (1) or (2) of that Article in a consolidated business year beginning on or after the Effective Date (including the reserve for exploration or the reserve for overseas exploration set aside pursuant to the provisions of Article 58, paragraph (1) or (2) of the New Act on Special Measures Concerning Taxation in a business year that does not fall under a consolidated business year beginning on or after the Effective Date), and the provisions then in force continue to govern the inclusion in gross profit of the amount of the reserve for exploration or the reserve for overseas exploration that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation set aside pursuant to the provisions of Article 68-61, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation in a consolidated business year that began before the Effective Date (including the reserve for exploration or the reserve for overseas exploration set aside pursuant to the provisions of Article 58, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation in a business year that does not fall under a consolidated business year beginning before the Effective Date).

With regard to corporation tax for the applicable consolidated business years prescribed in Article 68-63-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation pertaining to the designation prescribed in that paragraph, of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that received that designation before the Effective Date, and corporation tax for the consolidated business year that includes the date of revocation prescribed in paragraph (5) of that Article, the provisions then in force continue to govern.

The provisions of Article 68-65, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to specified agricultural machinery, etc. prescribed in paragraph (1) of that Article that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern specified agricultural machinery, etc. prescribed in Article 68-65, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired, manufactured or constructed before the Effective Date.

①The provisions of Article 68-70, paragraph (5) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (8) of that Article and Article 68-71, paragraph (15) and Article 68-72, paragraph (12) of the New Act on Special Measures Concerning Taxation) apply to substitute assets prescribed in Article 68-70, paragraph (1) of the New Act on Special Measures Concerning Taxation and assets acquired by exchange prescribed in Article 68-72, paragraph (1) of the New Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires (including manufacture and construction; the same applies hereinafter in this paragraph and paragraph (4)) on or after the Effective Date, and the provisions then in force continue to govern substitute assets prescribed in Article 68-70, paragraph (1) of the Former Act on Special Measures Concerning Taxation and assets acquired by exchange prescribed in Article 68-72, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired before the Effective Date.

②The provisions of Article 68-72, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning Article 65, paragraph (1), item (iv) of the New Act on Special Measures Concerning Taxation) and Article 68-72, paragraph (7) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (iv) of the New Act on Special Measures Concerning Taxation made by a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and the provisions then in force continue to govern corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (iv) of the Former Act on Special Measures Concerning Taxation made by a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation before that date.

③The provisions of Article 68-72, paragraph (8) of the New Act on Special Measures Concerning Taxation apply to corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (v) of the New Act on Special Measures Concerning Taxation made by a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation on or after the date specified in Article 1, item (xiv) of the Supplementary Provisions, and the provisions then in force continue to govern corporation tax on a transfer of assets prescribed in Article 65, paragraph (1), item (v) of the Former Act on Special Measures Concerning Taxation made by a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation before that date.

④The provisions of Article 68-78, paragraph (7) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (10) of that Article and Article 68-79, paragraph (17) of the New Act on Special Measures Concerning Taxation) apply to assets listed in the right-hand column of the items of the table in Article 68-78, paragraph (1) of the New Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires on or after the Effective Date, and the provisions then in force continue to govern assets listed in the right-hand column of the items of the table in Article 68-78, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired before the Effective Date.

①The provisions of Article 68-88, paragraphs (6) and (7) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a consolidated corporation for consolidated business years beginning on or after April 1, 2017.

②The provisions of Article 68-88, paragraphs (8), (9), (11) and (12) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a consolidated corporation for consolidated business years beginning on or after April 1, 2017, and the provisions then in force continue to govern corporation tax of a consolidated corporation for consolidated business years that began before that date.

The provisions of Article 68-90, paragraph (3) of the New Act on Special Measures Concerning Taxation apply to the amount of applicable income prescribed in paragraph (1) of that Article for a business year, beginning on or after the Effective Date, of a specified foreign subsidiary, etc. prescribed in that paragraph, and the provisions then in force continue to govern the amount of applicable income prescribed in Article 68-90, paragraph (1) of the Former Act on Special Measures Concerning Taxation for a business year, beginning before the Effective Date, of a specified foreign subsidiary, etc. prescribed in that paragraph.

The provisions of Article 68-102, paragraph (13) of the New Act on Special Measures Concerning Taxation apply to fixed assets that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquires or improves as prescribed in paragraph (2) of that Article on or after the Effective Date, and the provisions then in force continue to govern fixed assets that a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation acquired or improved as prescribed in Article 68-102, paragraph (2) of the Former Act on Special Measures Concerning Taxation before the Effective Date.

The provisions of Article 68-102-2, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to low-value depreciable assets prescribed in that paragraph that a small or medium-sized consolidated parent corporation or its small or medium-sized consolidated subsidiary corporation prescribed in that paragraph acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern low-value depreciable assets prescribed in that paragraph that a small or medium-sized consolidated parent corporation prescribed in Article 68-102-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation or a consolidated subsidiary corporation having a consolidated full controlling interest with that small or medium-sized consolidated parent corporation acquired, manufactured or constructed before the Effective Date.

The provisions of Article 68-102-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply in the case where the fact prescribed in that paragraph occurs on or after the Effective Date, and the provisions then in force continue to govern the case where the fact prescribed in Article 68-102-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation occurred before the Effective Date.

①The provisions of Article 68-107-2, paragraphs (3) and (4) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a consolidated corporation for consolidated business years beginning on or after April 1, 2017.

②The provisions of Article 68-107-2, paragraphs (5), (6) and (13) of the New Act on Special Measures Concerning Taxation apply to corporation tax of a consolidated corporation for consolidated business years beginning on or after April 1, 2017, and the provisions then in force continue to govern corporation tax of a consolidated corporation for consolidated business years that began before that date.

①The provisions of Article 69-3, paragraph (4) of the New Act on Special Measures Concerning Taxation apply to inheritance tax for which the filing deadline for an amended return prescribed in paragraph (1) of that Article arrives on or after January 1, 2017.

②The provisions of Article 69-3, paragraph (4) of the New Act on Special Measures Concerning Taxation as applied mutatis mutandis pursuant to Article 70, paragraph (9) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (10) of that Article) apply to inheritance tax for which the filing deadline for an amended return prescribed in Article 70, paragraph (6) of the New Act on Special Measures Concerning Taxation (including as applied mutatis mutandis pursuant to paragraph (10) of that Article) arrives on or after January 1, 2017.

③The provisions of Article 70-2, paragraph (6) of the New Act on Special Measures Concerning Taxation apply to gift tax for which the filing deadline for an amended return prescribed in paragraph (4) of that Article arrives on or after January 1, 2017.

④The provisions of Article 70-3, paragraph (6) of the New Act on Special Measures Concerning Taxation apply to gift tax for which the filing deadline for an amended return prescribed in paragraph (4) of that Article arrives on or after January 1, 2017.

⑤The provisions of Article 70-4 of the New Act on Special Measures Concerning Taxation apply to gift tax on farmland, etc. prescribed in paragraph (1) of that Article acquired by gift (excluding a gift that takes effect upon the death of the donor; the same applies hereinafter) on or after the Effective Date, and the provisions then in force continue to govern gift tax on farmland, etc. prescribed in Article 70-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquired by gift before the Effective Date.

⑥The following persons are deemed to be donees prescribed in Article 70-4, paragraph (1) of the New Act on Special Measures Concerning Taxation, and the provisions of the proviso to that paragraph (limited to the part concerning item (i)) and paragraph (4) of that Article apply to them. In this case, necessary matters concerning the application of those provisions with regard to those donees are specified by Cabinet Order.

⑦The provisions of the proviso to Article 70-4, paragraph (1) (limited to the part concerning item (i)) and paragraph (4) of the New Act on Special Measures Concerning Taxation as applied pursuant to the provisions of the preceding paragraph apply in the case where a superficies right referred to in Article 269-2, paragraph (1) of the Civil Code (Act No. 89 of 1896) is created on or after the Effective Date, and the provisions then in force continue to govern the case where a superficies right referred to in that paragraph was created before the Effective Date.

⑧The provisions of Article 70-4-2, paragraph (2) of the New Act on Special Measures Concerning Taxation apply in the case where a specified loan prescribed in paragraph (1) of that Article is made on or after the Effective Date, and the provisions then in force continue to govern the case where a specified loan prescribed in Article 70-4-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation was made before the Effective Date.

⑨The provisions of Article 70-6 of the New Act on Special Measures Concerning Taxation apply to inheritance tax on special farmland, etc. prescribed in paragraph (1) of that Article acquired by inheritance or bequest (including a gift that takes effect upon the death of the donor; the same applies hereinafter) on or after the Effective Date, and the provisions then in force continue to govern inheritance tax on special farmland, etc. prescribed in Article 70-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquired by inheritance or bequest before the Effective Date.

⑩The following persons are deemed to be farming heirs prescribed in Article 70-6, paragraph (1) of the New Act on Special Measures Concerning Taxation, and the provisions of the proviso to that paragraph (limited to the part concerning item (i)) and paragraph (7) of that Article apply to them. In this case, necessary matters concerning the application of those provisions with regard to those farming heirs are specified by Cabinet Order.

⑪The provisions of the proviso to Article 70-6, paragraph (1) (limited to the part concerning item (i)) and paragraph (7) of the New Act on Special Measures Concerning Taxation as applied pursuant to the provisions of the preceding paragraph apply in the case where a superficies right referred to in Article 269-2, paragraph (1) of the Civil Code is created on or after the Effective Date, and the provisions then in force continue to govern the case where a superficies right referred to in that paragraph was created before the Effective Date.

①The provisions of Article 80, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to registration and license tax on the registration of the matters listed in the items of that paragraph pertaining to the certification prescribed in that paragraph that is granted 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 the certification prescribed in that paragraph that was granted before the Effective Date.