①With regard to the calculation of the amount of consolidated income for a consolidated business year (limited to a consolidated business year that begins on or before March 31, 2023) of a consolidated corporation that ends on or after the Effective Date, in Article 81-3, paragraph (1) of the New Corporation Tax Act, the phrase "(Calculation of the Amount of Income for Each Business Year)" is deemed to be replaced with "(Calculation of the Amount of Income for Each Business Year) and the provisions of Article 63 (Business Year for Vesting Proceeds and Expenses Pertaining to Long-Term Installment Sales, etc.) of the Corporation Tax Act prior to the amendment by the provisions of Article 2 of the Act Partially Amending the Income Tax Act, etc. (Act No. 7 of 2018), which remain in force pursuant to the provisions of Article 28, paragraph (1) (Transitional Measures Concerning the Business Year for Vesting Proceeds and Expenses Pertaining to Long-Term Installment Sales, etc.) of the Supplementary Provisions of that Act".

②The amount that would be the amount of gross profit or the amount of deductible expenses if the amount of income for the business year were calculated pursuant to the provisions of Article 28, paragraph (2) or (3) of the Supplementary Provisions by deeming the period of a consolidated business year of a consolidated corporation to be a business year referred to in Article 22, paragraph (1) of the New Corporation Tax Act is to be included in the individual amount of gross profit or the individual amount of deductible expenses prescribed in Article 81-3, paragraph (1) of the New Corporation Tax Act.