Supplementary Provisions, Article 70Transitional Measures Concerning the Reserve for Losses on Investment in New Business Development Operators of Consolidated Corporations
第七十条（連結法人の新事業開拓事業者投資損失準備金に関する経過措置）
With regard to the shares prescribed in Article 68-43-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation of a new business development operator prescribed in that paragraph that constitute the partnership property of an investment limited partnership and that are held, in each consolidated business year ending on or after the Effective Date, by a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that has concluded an investment limited partnership contract prescribed in that paragraph pertaining to an investment limited partnership prescribed in that paragraph (hereinafter referred to as an "investment limited partnership" in this Article) pertaining to the certification of a plan prescribed in that paragraph obtained before the Effective Date, the provisions of Article 68-43-2 of the Former Act on Special Measures Concerning Taxation remain in force. In such a case, the phrase "Article 2, paragraph (6)" in paragraph (1) of that Article is deemed to be replaced with "Article 2, paragraph (7)", and the phrase "Article 2, paragraph (5)" with "Article 2, paragraph (6)", the phrase "Article 55-2, paragraph (1)" in paragraph (2) of that Article with "Article 55-2, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 11 of the Act Partially Amending the Income Tax Act, etc. (Act No. 6 of 2019), which remains in force pursuant to the provisions of Article 53 of the Supplementary Provisions of that Act (referred to as the "Former Act on Special Measures Concerning Taxation Kept in Force" in paragraphs (8) and (10))", the phrase "Article 55-2, paragraph (6)" in paragraph (8) of that Article with "Article 55-2, paragraph (6) of the Former Act on Special Measures Concerning Taxation Kept in Force", and the phrase "Article 55-2, paragraph (8)" in paragraph (10) of that Article with "Article 55-2, paragraph (8) of the Former Act on Special Measures Concerning Taxation Kept in Force".
連結親法人又は当該連結親法人による連結完全支配関係にある連結子法人で、施行日前に受けた旧租税特別措置法第六十八条の四十三の二第一項に規定する計画の認定に係る同項に規定する投資事業有限責任組合（以下この条において「投資事業有限責任組合」という。）に係る同項に規定する投資事業有限責任組合契約を締結しているものが施行日以後に終了する各連結事業年度において有している当該投資事業有限責任組合の組合財産である同項に規定する新事業開拓事業者の同項に規定する株式については、旧租税特別措置法第六十八条の四十三の二の規定は、なおその効力を有する。この場合において、同条第一項中「第二条第六項」とあるのは「第二条第七項」と、「第二条第五項」とあるのは「第二条第六項」と、同条第二項中「第五十五条の二第一項」とあるのは「所得税法等の一部を改正する法律（平成三十一年法律第六号）附則第五十三条の規定によりなおその効力を有するものとされる同法第十一条の規定による改正前の租税特別措置法（第八項及び第十項において「旧効力措置法」という。）第五十五条の二第一項」と、同条第八項中「第五十五条の二第六項」とあるのは「旧効力措置法第五十五条の二第六項」と、同条第十項中「第五十五条の二第八項」とあるのは「旧効力措置法第五十五条の二第八項」とする。