Supplementary Provisions, Article 14-2Transitional Measures Concerning Payment Reports

With regard to the application of Article 225, paragraph (1) (Payment Reports and Notice of Payment) of the Income Tax Act as amended by the provisions of Article 1 (Partial Amendment of the Income Tax Act) of the 2014 Amendment Act, in the case where there is domestic source income set forth in Article 161, paragraph (1), item (iv) or item (viii) (Domestic Source Income) of the Income Tax Act as so amended, the payment of which is finalized or made during the period from April 1 to December 31, 2016, the phrase "or the domestic source income set forth in Article 161, paragraph (1), item (iv)" in Article 225, paragraph (1) of the Income Tax Act as so amended is deemed to be replaced with "or the domestic source income set forth in Article 161, paragraph (1), item (iv) (limited to that which falls under what is set forth in Article 161, item (i)-2 of the Income Tax Act as it stood prior to amendment by the provisions of Article 1 (Partial Amendment of the Income Tax Act) of the Act Partially Amending the Income Tax Act, etc. (Act No. 10 of 2014) (referred to as the "Former Income Tax Act" in item (viii)))", and the phrase "Article 161, paragraph (1), item (iv) or item (vi)" in item (viii) of Article 225, paragraph (1) of the Income Tax Act as so amended is deemed to be replaced with "Article 161, paragraph (1), item (iv) (limited to that which falls under what is set forth in Article 161, item (i)-2 of the Former Income Tax Act), item (vi), item (vii), item (viii) (limited to that which falls under what is set forth in Article 161, item (iv) of the Former Income Tax Act), or item (ix)".