①The provisions of Article 68-16, paragraph (1) of the New Act on Special Measures Concerning Taxation (limited to the part concerning item (i) of the table in that paragraph) apply to specified equipment, etc. prescribed in that paragraph 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 acquisition, or manufacture or construction; the same applies hereinafter in this Article) on or after the Effective Date, and the provisions then in force continue to govern specified equipment, etc. prescribed in Article 68-16, 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 the Effective Date.

②The provisions then in force continue to govern buildings, etc. conforming to earthquake-resistance standards prescribed in Article 68-17, 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 constructed on or before the day on which the five years prescribed in that paragraph elapse.

③The provisions then in force continue to govern information distribution facilitation 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 the Effective Date.

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

⑤With regard to assets for employer-led childcare facilities prescribed in Article 68-34, 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 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 prior to the amendment by Article 15 of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2020), which remains in force pursuant to Article 86, paragraph (4) of the Supplementary Provisions of that Act".

①With regard to the calculation of the amount of consolidated income prescribed in Article 2, paragraph (2), item (xxii) of the Former Act on Special Measures Concerning Taxation for each consolidated business year beginning on or after the Effective Date of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that has, at the end of the consolidated business year that includes the day before the Effective Date, an amount of the reserve for prevention of mining pollution from metal mining, etc. prescribed in Article 68-44, paragraph (2) of the Former Act on Special Measures Concerning Taxation (including a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation that receives, on or after the Effective Date, a transfer of a specified facility prescribed in paragraph (1) of that Article (limited to one whose use commenced on or before March 31, 2020)), the provisions of Article 68-44 of the Former Act on Special Measures Concerning Taxation remain in force. In this case, the phrase "March 31, 2020" in paragraph (1) of that Article is deemed to be replaced with "March 30, 2023"; the phrase "Article 55-2, paragraph (1)" with "Article 55-2, paragraph (1) of the Act on Special Measures Concerning Taxation prior to the amendment by Article 15 of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2020), which remains in force pursuant to Article 87, paragraph (1) of the Supplementary Provisions of that Act (hereinafter referred to as the 'Former Act on Special Measures Concerning Taxation Kept in Force' in this Article)"; the phrase "in that Act" with "in the Act on Special Measures for Pollution Caused by the Metal Mining Industry, etc"; the phrase "Japan Oil, Gas and Metals National Corporation" with "Japan Organization for Metals and Energy Security"; and the phrase "80 percent" with "80 percent (70 percent where that consolidated business year begins during the period from April 1, 2020 to March 31, 2021, 60 percent where it begins during the period from April 1, 2021 to March 31, 2022, and 50 percent where it begins during the period from April 1, 2022 to March 30, 2023)"; the phrase "Article 55-2, paragraph (1)" in paragraphs (2) and (3) of that Article is deemed to be replaced with "Article 55-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation Kept in Force"; the phrase "Japan Oil, Gas and Metals National Corporation" in paragraph (6) of that Article is deemed to be replaced with "Japan Organization for Metals and Energy Security", and the phrase "80 percent" with "80 percent (70 percent where that consolidated business year begins during the period from April 1, 2020 to March 31, 2021, 60 percent where it begins during the period from April 1, 2021 to March 31, 2022, and 50 percent where it begins during the period from April 1, 2022 to March 30, 2023)"; and the phrase "Article 55-2, paragraph (1)" in the provisions of paragraphs (8) through (10) of that Article is deemed to be replaced with "Article 55-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation Kept in Force".

②The provisions of Article 68-46, paragraphs (1) and (6) of the New Act on Special Measures Concerning Taxation apply to corporation tax for consolidated business years of a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation beginning on or after the Effective Date, and the provisions then in force continue to govern corporation tax for consolidated business years 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.

①The provisions of Articles 68-78 through 68-80 of the New Act on Special Measures Concerning Taxation (limited to the parts concerning items (ii), (v), and (vi) of the table in Article 68-78, paragraph (1) of the New Act on Special Measures Concerning Taxation) apply to assets in the case where a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation transfers, on or after the Effective Date, assets listed in the left-hand column of item (ii), (v), or (vi) of that table and acquires (including construction and manufacture; the same applies hereinafter in this Article), on or after the Effective Date, assets listed in the right-hand column of those items, and to the special account or the special account during the year under Article 68-79, paragraph (1) or (3) 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 68-78, 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 consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation transferred, before the Effective Date, assets listed in the left-hand column of those items, and the special account or the special account during the year under Article 68-79, paragraph (1) or (3) 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 consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation transfers, on or after the Effective Date, assets listed in the left-hand column of those items.

②The provisions then in force continue to govern assets listed in the right-hand column of item (iv) of the table in Article 68-78, paragraph (1) of the Former Act on Special Measures Concerning Taxation that were acquired before the Effective Date, or assets listed in that column that are acquired on or after the Effective Date, in the case where a consolidated parent corporation or a consolidated subsidiary corporation having a consolidated full controlling interest with that consolidated parent corporation transferred, before the Effective Date, assets listed in the left-hand column of that item, and the special account or the special account during the year under Article 68-79, paragraph (1) or (3) of the Former Act on Special Measures Concerning Taxation pertaining to those assets.

③With regard to assets listed in the right-hand column of item (vii) 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 acquires during the period from the Effective Date to September 30, 2022 (limited to vehicles and transport equipment used for railway business in Japan prescribed in that column that are specified by Cabinet Order and that the consolidated parent corporation or its consolidated subsidiary corporation acquires based on a contract concluded before the Effective Date), the provisions of Article 68-78 through Article 68-80 of the Act on Special Measures Concerning Taxation (excluding Article 68-78, paragraph (14) of that Act (including as applied mutatis mutandis pursuant to Article 68-79, paragraph (19) 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 68-78, paragraph (1) of the Act on Special Measures Concerning Taxation.

The provisions of Article 68-88, paragraphs (28) and (31) of the New Act on Special Measures Concerning Taxation apply to corporation tax or local corporation tax for which the deadline or date specified in any of the items of paragraph (28) of that Article arrives on or after the Effective Date, and the provisions then in force continue to govern corporation tax or local corporation tax for which the deadline or date specified in any of the items of Article 68-88, paragraph (28) of the Former Act on Special Measures Concerning Taxation arrived before the Effective Date. In this case, with regard to the application of the provisions of Article 68-88, paragraphs (28) and (31) of the New Act on Special Measures Concerning Taxation in a consolidated business year of a consolidated corporation that began before the Effective Date (limited to one for which the deadline or date specified in any of the items of Article 68-88, paragraph (28) of the New Act on Special Measures Concerning Taxation arrives on or after the Effective Date), the phrase "seven years" in paragraph (28) of that Article is deemed to be replaced with "six years"; the phrase "and paragraph (4), and" with "through paragraph (5), and"; the phrase "Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation (" with "Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 (Transitional Measures Concerning Special Provisions on Taxation on Transactions with Foreign Affiliates of Consolidated Corporations) of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2020; hereinafter referred to as the '2020 Income Tax Act Amendment' in this Article) ("; the phrase "and of Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation" with "and of Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the 2020 Income Tax Act Amendment"; the phrase "Article 68-88, paragraph (28) of that Act' and" with "Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the 2020 Income Tax Act Amendment', and the phrase 'or the preceding two paragraphs' in paragraph (5) of that Article is deemed to be replaced with 'or the preceding two paragraphs, or Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the 2020 Income Tax Act Amendment' and"; the phrase "Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation'" with "Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the 2020 Income Tax Act Amendment'"; the phrase "(the Act on Special Measures Concerning Taxation" with "(the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2020; hereinafter referred to as the '2020 Income Tax Act Amendment' in this paragraph and paragraph (3))"; and the phrase ", the Act on Special Measures Concerning Taxation" with ", the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the 2020 Income Tax Act Amendment"; and the phrase "the Act on General Rules for National Taxes as applied with the replacement of terms pursuant to paragraph (28)" in paragraph (31) of that Article is deemed to be replaced with "the Act on General Rules for National Taxes as applied with the replacement of terms pursuant to paragraph (28) as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2020)"; the phrase "the Act on Special Measures Concerning Taxation" with "the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 (Transitional Measures Concerning Special Provisions on Taxation on Transactions with Foreign Affiliates of Consolidated Corporations) of the Supplementary Provisions of the Act Partially Amending the Income Tax Act, etc. (Act No. 8 of 2020; hereinafter referred to as the '2020 Income Tax Act Amendment' in this paragraph)"; and the phrase "Article 68-88, paragraph (28) of that Act" with "Article 68-88, paragraph (28) of the Act on Special Measures Concerning Taxation as applied with the replacement of terms pursuant to Article 103 of the Supplementary Provisions of the 2020 Income Tax Act Amendment".

With regard to the application of the provisions of Article 68-91, paragraph (9) and Article 68-93-3, paragraph (9) of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to the day before the date specified in Article 1, item (ix) of the Supplementary Provisions, the phrase ", Article 68-15-6, paragraph (7), or Article 68-15-6-2, paragraph (7)" in those provisions is deemed to be replaced with "or Article 68-15-6, paragraph (7)".