The provisions of Article 24-3, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified agricultural machinery, etc. prescribed in that paragraph that an individual acquires, manufactures or constructs on or after the Effective Date, and the provisions then in force continue to govern specified agricultural machinery, etc. prescribed in Article 24-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation that an individual acquired, manufactured or constructed before the Effective Date.

The provisions of Article 29-2 of the New Act on Special Measures Concerning Taxation (limited to the part pertaining to paragraph (1), item (i)) apply to shares pertaining to specified share options prescribed in that paragraph that are granted to a director, etc. or a specified engaged person prescribed in that paragraph under a contract set forth in that paragraph concluded based on a grant resolution prescribed in that paragraph adopted on or after the Effective Date, and the provisions then in force continue to govern shares pertaining to specified share options prescribed in Article 29-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that are granted to a director, etc. or a specified engaged person prescribed in that paragraph under a contract set forth in that paragraph concluded based on a grant resolution prescribed in that paragraph adopted before the Effective Date.

①The provisions then in force continue to govern a transfer of land, etc. listed in Article 31-2, paragraph (2), item (xii) of the Former Act on Special Measures Concerning Taxation carried out by an individual before the Effective Date.

②The provisions of Article 31-2, paragraph (2) of the New Act on Special Measures Concerning Taxation (limited to the part pertaining to item (xiii)) apply to a transfer that falls under a transfer for a superior residential area, etc. prescribed in paragraph (1) of that Article or a transfer that falls under a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article, carried out by an individual on or after the Effective Date, and the provisions then in force continue to govern a transfer that falls under a transfer for a superior residential area, etc. prescribed in Article 31-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation or a transfer that falls under a transfer for a determined site for constructing a superior residential area, etc. prescribed in paragraph (3) of that Article, carried out by an individual before the Effective Date.

③The provisions of Article 35 of the New Act on Special Measures Concerning Taxation apply to a covered transfer prescribed in paragraph (3) of that Article carried out by an individual on or after January 1, 2024, and the provisions then in force continue to govern a covered transfer prescribed in Article 35, paragraph (3) of the Former Act on Special Measures Concerning Taxation carried out by an individual before that date.

④The provisions of Article 35-3, paragraph (2), item (ii) of the New Act on Special Measures Concerning Taxation apply to a transfer of low-use or unused land, etc. prescribed in paragraph (1) of that Article carried out by an individual on or after January 1, 2023, and the provisions then in force continue to govern a transfer of low-use or unused land, etc. prescribed in Article 35-3, paragraph (1) of the Former Act on Special Measures Concerning Taxation carried out by an individual before that date.

⑤The provisions then in force continue to govern a transfer of assets listed in the left-hand column of item (i) of the table in Article 37, paragraph (1) of the Former Act on Special Measures Concerning Taxation carried out by an individual before the Effective Date.

⑥The provisions of Articles 37 through 37-4 of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 10 (excluding the amending provisions listed in Article 1, item (iv), (d) of the Supplementary Provisions) (hereinafter referred to as the "Act on Special Measures Concerning Taxation as Amended in 2023" in this paragraph) (limited to the part pertaining to items (i), (iii) and (iv) of the table in Article 37, paragraph (1) of the Act on Special Measures Concerning Taxation as Amended in 2023) apply to the transfer in the case where an individual transfers assets listed in the left-hand column of item (i), (iii) or (iv) of that table on or after the Effective Date and that individual acquires (including constructing and manufacturing; the same applies hereinafter in this Article) assets listed in the right-hand column of those items on or after the Effective Date, and the provisions then in force continue to govern those transfers in the case where an individual transferred assets listed in the left-hand column of item (ii), (iv) or (v) of the table in Article 37, paragraph (1) of the Former Act on Special Measures Concerning Taxation before the Effective Date and in the case where an individual transfers assets listed in the left-hand column of those items on or after the Effective Date and that individual acquired assets listed in the right-hand column of those items before the Effective Date.

⑦The provisions of Articles 37 and 37-4 of the Act on Special Measures Concerning Taxation as amended by the provisions of Article 10 (limited to the amending provisions listed in Article 1, item (iv), (d) of the Supplementary Provisions; the same applies hereinafter in this paragraph) (hereinafter referred to as the "Act on Special Measures Concerning Taxation as Amended in 2024" in this paragraph) (limited to the part pertaining to the notification under Article 37, paragraph (1) of the Act on Special Measures Concerning Taxation as Amended in 2024) apply to the transfer in the case where an individual transfers assets listed in the left-hand column of any item of the table in that paragraph on or after April 1, 2024 and that individual acquires assets listed in the right-hand column of that item on or after that date, and the provisions then in force continue to govern those transfers in the case where an individual transferred assets listed in the left-hand column of any item of the table in Article 37, paragraph (1) of the Act on Special Measures Concerning Taxation before the amendment by the provisions of Article 10 before that date and in the case where an individual transfers assets listed in the left-hand column of any item of that table on or after that date and that individual acquired assets listed in the right-hand column of that item before that date.

⑧The provisions of Article 37-5, paragraph (2) of the New Act on Special Measures Concerning Taxation apply by deeming the approval of the district director referred to in Article 37, paragraph (4) of the Former Act on Special Measures Concerning Taxation that was received before the Effective Date pursuant to the provisions of that paragraph as applied mutatis mutandis pursuant to Article 37-5, paragraph (2) of the Former Act on Special Measures Concerning Taxation to be the approval of the district director referred to in Article 37-5, paragraph (2) of the New Act on Special Measures Concerning Taxation received pursuant to the provisions of that paragraph, and the date certified before the Effective Date by the district director referred to in Article 37, paragraph (4) of the Former Act on Special Measures Concerning Taxation pursuant to the provisions of that paragraph as applied mutatis mutandis pursuant to Article 37-5, paragraph (2) of the Former Act on Special Measures Concerning Taxation to be the date certified by the district director referred to in Article 37-5, paragraph (2) of the New Act on Special Measures Concerning Taxation pursuant to the provisions of that paragraph, respectively.

The provisions of Article 37-13-4, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to a partial share exchange carried out on or after October 1, 2023, and the provisions then in force continue to govern a partial share exchange carried out before that date.

①If a resident or a nonresident who has a permanent establishment as set forth in Article 37-14, paragraph (5), item (i) of the New Act on Special Measures Concerning Taxation has set up, in the tax-exempt account prescribed in that item that the person has opened as of December 31, 2023 at the business office of the financial instruments business operator, etc. set forth in that item, a tax-exempt management account for that year prescribed in Article 37-14, paragraph (5), item (iii) of the Act on Special Measures Concerning Taxation or a cumulative investment account prescribed in Article 37-14, paragraph (5), item (v) of the New Act on Special Measures Concerning Taxation, that resident or nonresident who has a permanent establishment (excluding a person who has, on that date, submitted, as prescribed in Article 37-14, paragraph (16) of the Act on Special Measures Concerning Taxation, a written notification of closure of a tax-exempt account prescribed in that paragraph to the head of the business office of that financial instruments business operator, etc., and any other person specified by Cabinet Order) is deemed to have concluded a specified tax-exempt cumulative investment contract prescribed in Article 37-14, paragraph (5), item (vi) of the New Act on Special Measures Concerning Taxation with that financial instruments business operator, etc. on January 1, 2024, and the provisions of Articles 9-8 and 37-14 of the New Act on Special Measures Concerning Taxation apply.

②If the head of the business office of a financial instruments business operator, etc. set forth in Article 37-14, paragraph (27) of the New Act on Special Measures Concerning Taxation has received approval under the provisions of Article 37-14, paragraph (27) of the Former Act on Special Measures Concerning Taxation before the Effective Date, that approval is deemed to be the approval of the competent district director prescribed in Article 37-14, paragraph (30) of the New Act on Special Measures Concerning Taxation received on the Effective Date, and the provisions of that paragraph apply.

①The provisions of Article 40-4, paragraphs (5), (11) and (12) of the New Act on Special Measures Concerning Taxation apply where the taxable amount prescribed in Article 40-4, paragraph (1) of the Act on Special Measures Concerning Taxation, the partially taxable amount prescribed in paragraph (6) of that Article and the partially taxable amount for a financial subsidiary, etc. prescribed in paragraph (8) of that Article are calculated for 2024 and each subsequent year for a resident listed in the items of paragraph (1) of that Article, and the provisions then in force continue to govern the calculation of the taxable amount prescribed in that paragraph, the partially taxable amount prescribed in paragraph (6) of that Article and the partially taxable amount for a financial subsidiary, etc. prescribed in paragraph (8) of that Article for 2023 and each prior year for a resident listed in the items of paragraph (1) of that Article.

②The provisions of Article 40-7, paragraph (5) and paragraphs (11) through (13) of the New Act on Special Measures Concerning Taxation apply where the taxable amount prescribed in Article 40-7, paragraph (1) of the Act on Special Measures Concerning Taxation, the partially taxable amount prescribed in paragraph (6) of that Article and the partially taxable amount for a financial affiliated corporation prescribed in paragraph (8) of that Article are calculated for 2024 and each subsequent year for a resident who is a specially-related shareholder, etc. prescribed in paragraph (1) of that Article, and the provisions then in force continue to govern the calculation of the taxable amount prescribed in that paragraph, the partially taxable amount prescribed in paragraph (6) of that Article and the partially taxable amount for a financial affiliated corporation prescribed in paragraph (8) of that Article for 2023 and each prior year for a resident who is a specially-related shareholder, etc. prescribed in paragraph (1) of that Article.

The provisions of Article 41-19 of the New Act on Special Measures Concerning Taxation apply to income tax for 2025 and subsequent years.

①The provisions of Article 42-2-2, paragraph (2) of the New Act on Special Measures Concerning Taxation apply to statements and similar reports prescribed in paragraph (1) of that Article that are to be submitted on or after the Effective Date, and the provisions then in force continue to govern statements and similar reports prescribed in Article 42-2-2, paragraph (1) of the Former Act on Special Measures Concerning Taxation that were to be submitted before the Effective Date.

②With regard to the application of the provisions of Article 42-2-2, paragraph (3) of the New Act on Special Measures Concerning Taxation during the period from the Effective Date to September 30, 2023, the phrase "competent district director (Article 8-4, paragraph (9)," in that paragraph is deemed to be replaced with "competent district director (".

The provisions of Article 42-4 of the New Act on Special Measures Concerning Taxation apply to corporation tax for business years of a corporation (including an association or foundation 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 46 of the Supplementary Provisions) beginning on or after the Effective Date (excluding the eligible business years prescribed in Article 42-4, paragraph (8), item (ii) of the Act on Special Measures Concerning Taxation (hereinafter referred to as "eligible business years" in this Article) of a group tax sharing corporation set forth in Article 42-4, paragraph (8), item (iii) of the New Act on Special Measures Concerning Taxation) and to corporation tax for eligible business years of a group tax sharing corporation set forth in Article 42-4, paragraph (8), item (iii) of the New Act on Special Measures Concerning Taxation that end on the date of the end of a business year, beginning on or after the Effective Date, of the group tax sharing parent corporation prescribed in Article 2, paragraph (2), item (x)-4 of the Act on Special Measures Concerning Taxation (hereinafter referred to as the "group tax sharing parent corporation" in this Article and Article 43, paragraph (5) of the Supplementary Provisions) pertaining to that group tax sharing corporation, and the provisions then in force continue to govern corporation tax for business years of a corporation beginning before the Effective Date (excluding eligible business years of a group tax sharing corporation set forth in Article 42-4, paragraph (8), item (iii) of the Former Act on Special Measures Concerning Taxation) and corporation tax for eligible business years of a group tax sharing corporation set forth in Article 42-4, paragraph (8), item (iii) of the Former Act on Special Measures Concerning Taxation that end on the date of the end of a business year, beginning before the Effective Date, of the group tax sharing parent corporation pertaining to that group tax sharing corporation.

The provisions of Article 42-6, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified machinery and equipment, etc. prescribed in that paragraph that a small and medium sized enterprise, etc. prescribed in that paragraph acquires or manufactures on or after the Effective Date, and the provisions then in force continue to govern specified machinery and equipment, etc. prescribed in that paragraph that a small and medium sized enterprise, etc. prescribed in Article 42-6, paragraph (1) of the Former Act on Special Measures Concerning Taxation acquired or manufactured before the Effective Date.

The provisions of Article 42-12-4, paragraph (1) of the New Act on Special Measures Concerning Taxation apply to specified management improvement equipment, etc. prescribed in that paragraph that a small and medium sized enterprise, etc. prescribed in that paragraph provides for use in a designated business prescribed in that paragraph on or after the Effective Date, and the provisions then in force continue to govern specified management improvement equipment, etc. prescribed in that paragraph that a small and medium sized enterprise, etc. prescribed in Article 42-12-4, paragraph (1) of the Former Act on Special Measures Concerning Taxation provided for use in a designated business prescribed in that paragraph before the Effective Date.