The provisions of Article 41-19-3, paragraphs (1) through (6) of the New Act on Special Measures Concerning Taxation apply in the case where a specified individual or an individual prescribed in paragraph (1) of that Article carries out, on a house used for one's residence prescribed in that paragraph that is owned by that specified individual or individual, covered renovation work to make a home suitable for elderly persons, etc. prescribed in that paragraph, covered general heat insulation renovation work, etc. prescribed in paragraph (2) of that Article, covered renovation work for multi-generational cohabitation, etc. prescribed in paragraph (3) of that Article, or covered seismic retrofitting of a house or covered durability improvement renovation work, etc. prescribed in paragraph (4) of that Article, and uses that house used for one's residence as the residence of that specified individual or individual on or after January 1, 2022, and the provisions then in force continue to govern the case where a specified individual or an individual prescribed in Article 41-19-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation carried out, on a house used for one's residence prescribed in that paragraph that is owned by that specified individual or individual, renovation work to make a home suitable for elderly persons, etc. referred to in that paragraph, covered general heat insulation renovation work, etc. prescribed in paragraph (3) of that Article, renovation work for multi-generational cohabitation, etc. referred to in paragraph (5) of that Article, or covered seismic retrofitting of a house or covered durability improvement renovation work, etc. prescribed in paragraph (6) of that Article, and used that house used for one's residence as the residence of that specified individual or individual before that date.

The provisions of Article 41-19-4 of the New Act on Special Measures Concerning Taxation apply in the case where an individual newly constructs a certified house, etc. (meaning a certified house, etc. prescribed in paragraph (1) of that Article; the same applies hereinafter in this Article) or makes an acquisition prescribed in that paragraph of a certified house, etc. that has not been used since its construction, and uses that certified house, etc. for the individual's own residential use on or after January 1, 2022, and the provisions then in force continue to govern the case where an individual newly constructed a certified house (meaning a certified house prescribed in Article 41-19-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation; the same applies hereinafter in this Article) or made an acquisition prescribed in Article 41-19-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation of a certified house that had not been used since its construction, and used that certified house for the individual's own residential use before that date.

The provisions then in force continue to govern domestic source income prescribed in Article 41-23, paragraph (1) of the Former Act on Special Measures Concerning Taxation of a nonresident referred to in that paragraph and royalties prescribed in paragraph (3) of that Article of a foreign corporation referred to in that paragraph.

Unless otherwise provided for, the provisions of Chapter III of the New Act on Special Measures Concerning Taxation apply to corporation tax for business years of corporations (including associations or foundations without juridical personality prescribed in Article 2, paragraph (2), item (ii) of the Act on Special Measures Concerning Taxation; the same applies hereinafter up to Article 47 of the Supplementary Provisions) beginning on or after the Effective Date, and the provisions then in force continue to govern corporation tax for business years of corporations that began before the Effective Date.

①The provisions of Article 42-9, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to industrial machinery, etc. prescribed in that paragraph that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and the provisions then in force continue to govern industrial machinery, etc. prescribed in Article 42-9, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, or manufactured or constructed, before the Effective Date.

②Each area listed in the following items is deemed, during the period specified in the respective item, to be an area listed in the second column of items (i) through (iv), respectively, of the table in Article 42-9, paragraph (1) of the New Act on Special Measures Concerning Taxation (referred to as the "new table" in the following paragraph and paragraph (4)), and the provisions of that Article (limited to the parts concerning those items) apply. In this case, the phrase "a corporation that falls under the category of business operators listed in the first column of the respective items of the following table" in paragraph (1) of that Article is deemed to be replaced with "a corporation"; the phrase "the second column of the respective items" is deemed to be replaced with "the second column of the respective items of the following table"; the phrase "depreciable assets that are specified by Cabinet Order as contributing to the promotion of that area" is deemed to be replaced with "depreciable assets"; and the phrase "when used" is deemed to be replaced with "when used (limited, in the case where they are used for the business listed in the third column of item (iii) of that table within the area listed in the second column of that item, to the case where a corporation that has received the certification prescribed in that paragraph, in the case where the provisions then in force continue to govern, pursuant to the provisions of Article 5, paragraph (2) of the Supplementary Provisions of the Okinawa Promotion Act, etc. Amendment Act, an industrial upgrading and business innovation measures implementation plan prescribed in Article 35-3, paragraph (1) of the Act on Special Measures for the Promotion and Development of Okinawa prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures for the Promotion and Development of Okinawa, etc. (Act No. 7 of 2022; hereinafter referred to as the "Okinawa Promotion Act, etc. Amendment Act" in this paragraph), uses them for that business)".

③A business belonging to the former specified economic and financial revitalization industry is deemed, during the transitional period for the former economic and financial revitalization plan, to be a business listed in the third column of item (v) of the new table, and the provisions of Article 42-9 of the New Act on Special Measures Concerning Taxation (limited to the part concerning that item) apply. In this case, the phrase "a corporation that falls under the category of business operators listed in the first column of the respective items of the following table" in paragraph (1) of that Article is deemed to be replaced with "a corporation"; the phrase "the second column of the respective items" is deemed to be replaced with "the second column of the respective items of the following table"; and the phrase "depreciable assets that are specified by Cabinet Order as contributing to the promotion of that area" is deemed to be replaced with "depreciable assets".

④The provisions of Article 42-9, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to corporation tax for business years of corporations ending on or after the Effective Date (limited to business years ending on or after the day on which the corporation came to fall under the category of business operators listed in the first column of the respective items of the new table (hereinafter referred to as the "applicable business year" in this paragraph)), and the provisions then in force continue to govern corporation tax for business years of corporations that ended before the Effective Date (including business years ending on or after the Effective Date (excluding applicable business years)).

The provisions of Article 42-11-3, paragraphs (1) and (2) of the New Act on Special Measures Concerning Taxation apply to specified buildings, etc. prescribed in paragraph (1) of that Article that relate to the certification prescribed in those provisions and that a corporation which received that certification on or after March 31, 2020 acquires or constructs on or after the Effective Date, and the provisions then in force continue to govern specified buildings, etc. prescribed in paragraph (1) of that Article that relate to the certification prescribed in Article 42-11-3, paragraph (1) or (2) of the Former Act on Special Measures Concerning Taxation and that a corporation which received that certification on or after March 31, 2020 acquired or constructed before the Effective Date, and specified buildings, etc. prescribed in paragraph (1) of that Article that relate to the certification prescribed in that paragraph or paragraph (2) of that Article and that a corporation which received that certification before March 31, 2020 acquired or constructed.

The provisions of Article 42-12-6, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to certified specified advanced information and communications technology utilization equipment prescribed in paragraph (1) of that Article that a corporation uses for business on or after the Effective Date, and the provisions then in force continue to govern certified specified advanced information and communications technology utilization equipment prescribed in Article 42-12-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation used for business before the Effective Date.

①The provisions of Article 45, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to industrial machinery, etc. prescribed in that paragraph that a corporation acquires, or manufactures or constructs, on or after the Effective Date, and the provisions then in force continue to govern industrial machinery, etc. prescribed in Article 45, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired, or manufactured or constructed, before the Effective Date.

②Each area listed in the following items is deemed, during the period specified in the respective item, to be an area listed in the second column of item (i) or item (ii), respectively, of the table in Article 45, paragraph (1) of the New Act on Special Measures Concerning Taxation (referred to as the "new table" in the following paragraph), and the provisions of that Article (limited to the parts concerning those items) apply. In this case, the phrase "a corporation that falls under the category of business operators listed in the first column of the respective items of the following table" in paragraph (1) of that Article is deemed to be replaced with "a corporation"; the phrase "the second column of the respective items" is deemed to be replaced with "the second column of the respective items of the following table"; the phrase "depreciable assets that are specified by Cabinet Order as contributing to the promotion of that area" is deemed to be replaced with "depreciable assets"; and the phrase "excluding them)" is deemed to be replaced with "excluding them, and, in the case where they are used for the business listed in the third column of item (i) of that table within the area listed in the second column of that item, limited to the case where a corporation that has received the certification prescribed in that paragraph, in the case where the provisions then in force continue to govern, pursuant to the provisions of Article 5, paragraph (2) of the Supplementary Provisions of the Okinawa Promotion Act, etc. Amendment Act, an industrial upgrading and business innovation measures implementation plan prescribed in Article 35-3, paragraph (1) of the Act on Special Measures for the Promotion and Development of Okinawa prior to the amendment by the provisions of Article 1 of the Act Partially Amending the Act on Special Measures for the Promotion and Development of Okinawa, etc. (Act No. 7 of 2022; hereinafter referred to as the "Okinawa Promotion Act, etc. Amendment Act" in this paragraph), uses them for that business)".

③A business belonging to the former specified economic and financial revitalization industry is deemed, during the transitional period for the former economic and financial revitalization plan, to be a business listed in the third column of item (iii) of the new table, and the provisions of Article 45 of the New Act on Special Measures Concerning Taxation (limited to the part concerning that item) apply. In this case, the phrase "a corporation that falls under the category of business operators listed in the first column of the respective items of the following table" in paragraph (1) of that Article is deemed to be replaced with "a corporation"; the phrase "the second column of the respective items" is deemed to be replaced with "the second column of the respective items of the following table"; and the phrase "depreciable assets that are specified by Cabinet Order as contributing to the promotion of that area" is deemed to be replaced with "depreciable assets".

④With regard to the application of the provisions of Article 46-2, paragraph (2) of the New Act on Special Measures Concerning Taxation, if a corporation has received, through a qualified merger referred to in that paragraph, a transfer of export business assets prescribed in Article 68-34, paragraph (1) of the Act on Special Measures Concerning Taxation Before the 2020 Amendment as amended by the provisions of Article 12 (hereinafter referred to as the "Act on Special Measures Concerning Taxation Before the 2020 Amendment, as Amended in 2022") to which the provisions of that paragraph are applied, those export business assets are deemed to be export business assets prescribed in Article 46-2, paragraph (1) of the New Act on Special Measures Concerning Taxation to which the provisions of that paragraph are applied. In this case, the period of use prescribed in Article 68-34, paragraph (1) of the Act on Special Measures Concerning Taxation Before the 2020 Amendment, as Amended in 2022 is deemed to be the period of use referred to in Article 46-2, paragraph (2) of the New Act on Special Measures Concerning Taxation.

⑤The provisions of Article 48, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to warehouse buildings, etc. prescribed in that paragraph that a corporation acquires or constructs on or after the Effective Date, and the provisions then in force continue to govern warehouse buildings, etc. prescribed in Article 48, paragraph (1) of the Former Act on Special Measures Concerning Taxation that a corporation acquired or constructed before the Effective Date.