Supplementary Provisions, Article 88Transitional Measures Concerning Special Provisions on Taxation in the Case of Replacement of Specified Assets, etc.
第八十八条（特定の資産の買換えの場合等の課税の特例に関する経過措置）
The provisions of Articles 65-7 through 65-9 of the New Act on Special Measures Concerning Taxation (limited to the part concerning items (ii), (v) and (vi) of the table in Article 65-7, paragraph (1) of the New Act on Special Measures Concerning Taxation) apply, in the case where a corporation makes a transfer of assets listed in the left-hand column of item (ii), (v) or (vi) of that table on or after the Effective Date and acquires (including construction and manufacture; hereinafter the same applies in this Article) assets listed in the right-hand column of those items on or after the Effective Date, to those assets and to the special account or special account during the year under Article 65-8, paragraph (1) or (2) of the New Act on Special Measures Concerning Taxation pertaining to those assets, and, except where the provisions of paragraph (3) apply, the provisions then in force continue to govern assets listed in the right-hand column of item (ii), (vi) or (vii) of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that were acquired before the Effective Date or are acquired on or after the Effective Date in the case where a corporation made a transfer of assets listed in the left-hand column of those items before the Effective Date, the special account or special account during the year under Article 65-8, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation pertaining to those assets, and assets listed in the right-hand column of those items that were acquired before the Effective Date in the case where a corporation makes a transfer of assets listed in the left-hand column of those items on or after the Effective Date.
新租税特別措置法第六十五条の七から第六十五条の九まで（新租税特別措置法第六十五条の七第一項の表の第二号、第五号及び第六号に係る部分に限る。）の規定は、法人が施行日以後に同表の第二号、第五号又は第六号の上欄に掲げる資産の譲渡をして、施行日以後にこれらの号の下欄に掲げる資産の取得（建設及び製作を含む。以下この条において同じ。）をする場合の当該資産及び当該資産に係る新租税特別措置法第六十五条の八第一項又は第二項の特別勘定又は期中特別勘定について適用し、法人が施行日前に旧租税特別措置法第六十五条の七第一項の表の第二号、第六号又は第七号の上欄に掲げる資産の譲渡をした場合における施行日前に取得をしたこれらの号の下欄に掲げる資産又は施行日以後に取得をするこれらの号の下欄に掲げる資産及びこれらの資産に係る旧租税特別措置法第六十五条の八第一項又は第二項の特別勘定又は期中特別勘定並びに法人が施行日以後にこれらの号の上欄に掲げる資産の譲渡をする場合における施行日前に取得をしたこれらの号の下欄に掲げる資産については、第三項の規定の適用がある場合を除き、なお従前の例による。
The provisions then in force continue to govern assets listed in the right-hand column of item (iv) of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that were acquired before the Effective Date or are acquired on or after the Effective Date in the case where a corporation made a transfer of assets listed in the left-hand column of that item before the Effective Date, and the special account or special account during the year under Article 65-8, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation pertaining to those assets.
法人が施行日前に旧租税特別措置法第六十五条の七第一項の表の第四号の上欄に掲げる資産の譲渡をした場合における施行日前に取得をした同号の下欄に掲げる資産又は施行日以後に取得をする同欄に掲げる資産及びこれらの資産に係る旧租税特別措置法第六十五条の八第一項又は第二項の特別勘定又は期中特別勘定については、なお従前の例による。
With regard to assets listed in the right-hand column of item (vii) of the table in Article 65-7, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquires during the period from the Effective Date to September 30, 2022 (limited to those specified by Cabinet Order among the vehicles and transport equipment used for railway business in Japan prescribed in that column, which the corporation acquires based on a contract concluded before the Effective Date), the provisions of Articles 65-7 through 65-9 of the Act on Special Measures Concerning Taxation (excluding Article 65-7, paragraph (14) of that Act (including as applied mutatis mutandis pursuant to Article 65-8, paragraph (18) of that Act)) apply by deeming those assets to be assets listed in the right-hand column of item (iv) of the table in Article 65-7, paragraph (1) of the Act on Special Measures Concerning Taxation.
法人が施行日から令和四年九月三十日までの間に取得をする旧租税特別措置法第六十五条の七第一項の表の第七号の下欄に掲げる資産（同欄に規定する国内にある鉄道事業の用に供される車両及び運搬具のうち政令で定めるもので当該法人が施行日前に締結した契約に基づき取得をするものに限る。）については、租税特別措置法第六十五条の七第一項の表の第四号の下欄に掲げる資産とみなして、同条から同法第六十五条の九まで（同法第六十五条の七第十四項（同法第六十五条の八第十八項において準用する場合を含む。）を除く。）の規定を適用する。