Supplementary Provisions, Article 15Transitional Measures Concerning Instalment Sales or Similar Transactions

①Where an individual to whom Article 17, paragraph (2) (Timing of Attribution of Revenue and Expenses Relating to Instalment Sales under the Transitional Rules) of the Supplementary Provisions of the Amending Act applies has, in any year among the years on or after the year in which the individual made an instalment sale under the transitional rules prescribed in that paragraph (hereinafter in this Article referred to as the "instalment sale under the transitional rules"), filed a final return prescribed in Article 17, paragraph (4) of the Supplementary Provisions of the Amending Act (hereinafter in this Article referred to as the "final return") to which there is no attached detailed statement of the amounts, among the revenue and expenses relating to the instalment sale under the transitional rules, that are to be included in gross revenue and necessary expenses in calculating the amount of business income for that year, the revenue and expenses relating to instalment sales under the transitional rules made in each year preceding the year in which the attachment was not made, and earlier years (excluding those to be included in gross revenue and necessary expenses in calculating the amount of business income for each such year) are to be included in gross revenue and necessary expenses in calculating the amount of business income for the year in which the attachment was not made.

②Where an individual to whom Article 17, paragraph (2) of the Supplementary Provisions of the Amending Act applies with respect to the revenue and expenses relating to an instalment sale under the transitional rules has died, and the heir who succeeded to that individual's business has, in each year on or after the year that includes the date of death (excluding each year on or after the year in which the heir came to fall under the case prescribed in item (ii) of the following paragraph), calculated that individual's revenue and expenses for that year relating to that instalment sale under the transitional rules by the method of calculation prescribed in Article 17, paragraph (2) of the Supplementary Provisions of the Amending Act, and filed a final return to which a detailed statement of that calculation is attached, that revenue and those expenses are to be included in gross revenue and necessary expenses in calculating the amount of business income for each such year. In this case, with regard to the application of that paragraph when calculating the revenue and expenses of that heir relating to that instalment sale under the transitional rules of that individual for the year that includes that individual's date of death, the phrase "the amount specified" in that paragraph is deemed to be replaced with "the amount calculated by dividing the amount specified by 12 and multiplying the quotient by the number of months in the period from the date of death to December 31 of the year that includes that date".

③Where an individual to whom Article 17, paragraph (2) of the Supplementary Provisions of the Amending Act applies with respect to the revenue and expenses relating to an instalment sale under the transitional rules has died, and the heir who succeeded to that individual's business prescribed in the preceding paragraph has come to fall under any of the following cases in any year on or after the year that includes the date of death, the revenue and expenses of that individual relating to that instalment sale under the transitional rules (excluding those included in gross revenue or necessary expenses in calculating the amount of business income of that individual for each year, or the amount of business income of that heir for each year preceding the year in which the heir came to fall under that case, and earlier years) are to be included in gross revenue and necessary expenses in calculating the amount of business income for the year in which the heir came to fall under that case.