①The provisions of Article 43, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (iii) of the table in that paragraph) apply to depreciable assets listed in the middle column of that item that a corporation acquires or manufactures on or after the Effective Date.

②The provisions of Article 43-3 of the New Act on Special Measures Concerning Taxation apply to corporation tax for business years of a corporation ending on or after the Effective Date.

③With regard to depreciable assets that would fall under substitute assets for disaster-damaged assets, etc. of a corporation prescribed in the provisions of Article 43-3, paragraph (1) of the New Act on Special Measures Concerning Taxation (or, for a consolidated business year, the provisions of Article 68-18, paragraph (1) of the New Act on Special Measures Concerning Taxation) if those provisions were applied for a business year of that corporation that ended within one year before the Effective Date (where that business year falls under a consolidated business year, that consolidated business year; referred to as a "business year, etc. ended within one year" in the following paragraph) (excluding those to which the provisions listed in the items of Article 53, paragraph (1) of the New Act on Special Measures Concerning Taxation or other provisions specifying special provisions concerning depreciable assets that are specified by Cabinet Order apply; referred to as "special disaster substitute assets, etc." in this paragraph), the following provisions apply:

④The provisions of the preceding paragraph apply, for item (i) or item (iii) of that paragraph, only in the case where, for each business year from the business year, etc. ended within one year of the corporation referred to in those items up to the business year immediately preceding the transitional business year (where that business year falls under a consolidated business year, the consolidated business year immediately preceding the transitional business year), the corporation has continuously filed a final return prescribed in Article 2, item (xxxi) of the Corporation Tax Act (where any of those business years falls under a consolidated business year, a consolidated final return prescribed in item (xxxii) of that Article filed by that corporation or the consolidated parent corporation pertaining to that corporation) (limited, where the provisions of Article 52-2, paragraph (1) of the New Act on Special Measures Concerning Taxation are applied by deeming pursuant to the provisions of item (i) of that paragraph, to the case where a written statement concerning the calculation of the limit of the amount to be included in deductible expenses as the depreciation allowance pertaining to the special disaster substitute assets, etc. prescribed in that item (hereinafter referred to as the "depreciation limit") is attached to the tax return, etc. for that transitional business year, and, where the provisions of Article 52-3, paragraph (2) of the New Act on Special Measures Concerning Taxation are applied by deeming pursuant to the provisions of item (iii) of the preceding paragraph, to the case where the tax return, etc. for that transitional business year contains a statement of the inclusion in deductible expenses of the amount set aside as a reserve for special depreciation and has a written statement concerning the calculation of the amount so set aside attached to it, respectively), and, for item (ii) or item (iv) of the preceding paragraph, only in the case where, for each business year that ended during the period from the first day of the business year, etc. ended within one year of the corporation that transferred the special disaster substitute assets, etc. prescribed in those items up to the day preceding the day of that qualified merger, etc. (for a qualified in-kind distribution that falls under a distribution of all residual assets, the day on which the residual assets pertaining to that qualified in-kind distribution are determined) (where any of those business years falls under a consolidated business year, that consolidated business year), the corporation has continuously filed a final return prescribed in Article 2, item (xxxi) of the Corporation Tax Act (where any of those business years falls under a consolidated business year, a consolidated final return prescribed in item (xxxii) of that Article filed by that corporation or the consolidated parent corporation pertaining to that corporation), and, for each business year from the business year that includes the day of that qualified merger, etc. of the corporation referred to in item (ii) or item (iv) of that paragraph up to the transitional business year (where any of those business years falls under a consolidated business year, that consolidated business year), the corporation has continuously filed a final return prescribed in item (xxxi) of that Article (where any of those business years falls under a consolidated business year, a consolidated final return prescribed in item (xxxii) of that Article filed by that corporation or the consolidated parent corporation pertaining to that corporation).

⑤With regard to the application of the provisions of Article 43-3 of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to March 31, 2019, the phrase "small and medium sized enterprise (excluding one that falls under an excluded business operator)" in paragraph (2) of that Article is deemed to be replaced with "small and medium sized enterprise".

⑥The provisions of Article 47 of the New Act on Special Measures Concerning Taxation apply to machinery, etc. for promoting business restructuring prescribed in Article 47, paragraph (1) of the New Act on Special Measures Concerning Taxation that a corporation acquires, or manufactures or constructs, on or after the date specified in Article 1, item (xi) of the Supplementary Provisions.

⑦With 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 on or before March 31, 2017, 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 Article 12 of the Act Partially Amending the Income Tax Act, etc., and Other Matters (Act No. 4 of 2017), which remains in force pursuant to the provisions of Article 82, paragraph (8) of the Supplementary Provisions of that Act".

⑧The provisions of Article 47-2 of the New Act on Special Measures Concerning Taxation (limited to the part concerning paragraph (3), item (ii)) apply to specified urban renaissance buildings, etc. prescribed in paragraph (1) of that Article that a corporation acquires or newly builds on or after the Effective Date.

⑨With regard to buildings and structures listed in Article 47-2, paragraph (3), item (ii) of the Former Act on Special Measures Concerning Taxation and structures listed in item (iii) of that paragraph (including those specified by Order of the Ministry of Finance prescribed in that item that are installed together with those structures; the same applies hereinafter in this paragraph) that a corporation acquired or newly built before the Effective Date, the provisions of that Article (limited to the part concerning buildings and structures listed in paragraph (3), item (ii) and structures listed in item (iii) of that paragraph) remain in force. In this case, the phrase "Article 68-35, paragraph (1)" in paragraph (2) of that Article is deemed to be replaced with "Article 68-35, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 12 of the Act Partially Amending the Income Tax Act, etc., and Other Matters (Act No. 4 of 2017), which remains in force pursuant to the provisions of Article 82, paragraph (10) of the Supplementary Provisions of that Act".