Except as otherwise provided, the provisions of the amended Regulation for Enforcement of the Income Tax Act (hereinafter referred to as the "New Regulation") apply to income tax for 2007 and subsequent years, and the provisions then in force continue to govern income tax for 2006 and earlier years.

The provisions of Article 16, paragraph (1) (Records of Securities Pertaining to Public and Corporate Bonds or Similar Interest, etc.) of the New Regulation apply to interest and similar income on public and corporate bonds or similar interest that a Domestic Corporation or Foreign Corporation prescribed in Article 11, paragraph (4) (Exemption from Taxation for Public Corporations, etc. and Public Interest Trusts, etc.) of the Income Tax Act as amended 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. 6 of 2007; hereinafter referred to as the "Amending Act") (hereinafter referred to as the "New Act"), or the trustee of a public interest trust or participant protection trust, is to receive on or after the date prescribed in Article 1, item (viii) of the Supplementary Provisions (Effective Date), as prescribed in that paragraph, and the provisions then in force continue to govern interest and similar income on public and corporate bonds or similar interest that a Domestic Corporation or Foreign Corporation prescribed in Article 11, paragraph (4) (Exemption from Taxation for Public Corporations, etc. and Public Interest Trusts, etc.) of the Income Tax Act prior to amendment by the provisions of Article 1 of the Amending Act (hereinafter referred to as the "Former Act"), or the trustee of a public interest trust or participant protection trust, is to receive before that date, as prescribed in that paragraph.

The matters specified by Ministry of Finance Order as prescribed in Article 12, paragraph (3) of the Supplementary Provisions (Transitional Measures Concerning the Method of Depreciation, etc. of Depreciable Assets) of the Cabinet Order Partially Amending the Order for Enforcement of the Income Tax Act (Cabinet Order No. 82 of 2007; hereinafter referred to as the "Amending Order") are the following matters:

In the case where the provisions then in force continue to govern pursuant to the provisions of Article 88, paragraph (3) of the Supplementary Provisions (Transitional Measures Accompanying the Partial Amendment of the Workers' Property Accumulation Promotion Act) of the Act Partially Amending the Employment Insurance Act, etc. (Act No. 30 of 2007), with respect to the property accumulation savings utilization benefit prescribed in Article 8-2, item (iii) (Workers' Property Accumulation Subsidies, etc.) of the Workers' Property Accumulation Promotion Act (Act No. 92 of 1971) prior to amendment by the provisions of Article 87 (Partial Amendment of the Workers' Property Accumulation Promotion Act) of the Supplementary Provisions of that Act that is received from the employer prescribed in that item, the provisions of Article 86, paragraph (2), item (ii) (Payment Reports on Life Insurance Proceeds, etc.) of the Regulation for Enforcement of the Income Tax Act prior to amendment (hereinafter referred to as the "Former Regulation") remain in force. In this case, in Article 86, paragraph (2), item (ii) of the Former Regulation, "Article 351, paragraph (1), item (ix) of the Order" is deemed to be replaced with "Article 351, paragraph (1), item (ix) of the Order prior to amendment by the Cabinet Order Partially Amending the Order for Enforcement of the Income Tax Act (Cabinet Order No. 82 of 2007), which remains in force pursuant to the provisions of Article 24, paragraph (2) of the Supplementary Provisions of that Cabinet Order".

With regard to the application of the provisions of Article 96 (Trust Accounting Statements) of the New Regulation to the statement prescribed in Article 227 of the New Act that is submitted on or after the date prescribed in Article 1, item (v) of the Supplementary Provisions (Effective Date) (hereinafter referred to as the "Effective Date of the Trust Act") and that pertains to a business year starting before the Effective Date of the Trust Act of a trust company prescribed in Article 227 (Trust Accounting Statements) of the New Act (hereinafter referred to as the "trust company") (or, in the case of a trustee other than a trust company, a statement submitted during the period from the Effective Date of the Trust Act to before January 1, 2009), in Article 96, paragraph (1), item (i) of the New Regulation, "residence (or, for a person who has no residence in Japan, the domicile abroad)" is deemed to be replaced with "residence", in item (iii) of that paragraph, "the breakdown of assets and liabilities and the amounts of assets and liabilities" is deemed to be replaced with "the types and current amounts of property", and in item (iv) of that paragraph, "assets" is deemed to be replaced with "property", and "revenue and expenses attributable to trust property" is deemed to be replaced with "income and expenditure relating to the trust".

①The forms specified in Appended Table III (1), Appended Table III (2), Appended Table III (4), Appended Table IV (2), Appended Table IV (3), Appended Table V (3), Appended Table V (4), Appended Table V (5) and Appended Table VIII (2) of the New Regulation apply to the statements, paper-based notices and reports prescribed in Article 220 (Procedures for Payment of Income Tax Pertaining to Withholding), Article 224, paragraph (2) (Notice by a Person Receiving Dividends, etc.), Article 225, paragraph (1) (Payment Reports and Notices of Payment) or Article 228, paragraph (1) (Reports on Dividend Income, etc. Received by the Person of Record) of the New Act that are attached or submitted pursuant to those provisions on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern the statements, paper-based notices and reports prescribed in Article 220 (Procedures for Payment of Income Tax Pertaining to Withholding), Article 224, paragraph (2) (Notice by a Person Receiving Dividends, etc.), Article 225, paragraph (1) (Payment Reports and Notices of Payment) or Article 228, paragraph (1) (Reports on Dividend Income, etc. Received by the Person of Record) of the Former Act that were attached or submitted pursuant to those provisions before the Effective Date of the Trust Act.

②The form specified in Appended Table V (6) of the New Regulation as amended by the provisions amending Appended Table V (6) (limited to the part that changes Note 2 (10) of the Remarks to that table to Note 2 (11), and the part that changes Note 2 (9) of the Remarks to that table to Note 2 (10), Note 2 (8) to Note 2 (9) and Note 2 (7) to Note 2 (8), and adds the following after Note 2 (6) of the Remarks to that table) applies to the written notice prescribed in Article 225, paragraph (2) of the New Act that is delivered pursuant to Article 225, paragraph (2) of the New Act or the proviso to paragraph (3) of that Article on or after January 1, 2008, and the provisions then in force continue to govern the written notice prescribed in Article 225, paragraph (2) of the Former Act that was delivered pursuant to that paragraph before that date.

③The forms specified in Appended Table V (7) and Appended Table V (29) of the New Regulation as amended by the provisions amending Appended Table V (7) (excluding the part pertaining to Note 2 (2) of the Remarks to that table and the part pertaining to Note 2 (3) of the Remarks to that table) and the provisions amending Appended Table V (29) (excluding the part pertaining to Note 2 (2) of the Remarks to that table) apply to the reports and written notices prescribed in Article 225, paragraph (1) or (2) of the New Act that are submitted or delivered pursuant to Article 225, paragraph (1) or (2) of the New Act on or after the Effective Date of the Trust Act, and the provisions then in force continue to govern the reports and written notices prescribed in Article 225, paragraph (1) or (2) of the Former Act that were submitted or delivered pursuant to Article 225, paragraph (1) or (2) of the Former Act before the Effective Date of the Trust Act.

④The forms specified in Appended Table V (7) and Appended Table V (29) of the New Regulation as amended by the provisions amending Appended Table V (7) (limited to the part pertaining to Note 2 (2) of the Remarks to that table and the part pertaining to Note 2 (3) of the Remarks to that table) and the provisions amending Appended Table V (29) (limited to the part pertaining to Note 2 (2) of the Remarks to that table) apply to the reports and written notices prescribed in Article 225, paragraph (1) or (2) of the New Act that are submitted or delivered pursuant to Article 225, paragraph (1) or (2) of the New Act on or after May 1, 2007, and the provisions then in force continue to govern the reports and written notices prescribed in Article 225, paragraph (1) or (2) of the Former Act that were submitted or delivered pursuant to Article 225, paragraph (1) or (2) of the Former Act before that date.

⑤The forms specified in Appended Table VI (1) through Appended Table VI (3) of the New Regulation apply to the Withholding receipts prescribed in Article 226, paragraphs (1) through (3) (Withholding Receipts) of the New Act that are submitted pursuant to those provisions, or delivered pursuant to those provisions or the proviso to paragraph (4) of that Article, on or after January 1, 2008, and the provisions then in force continue to govern the Withholding receipts prescribed in Article 226, paragraphs (1) through (3) (Withholding Receipts) of the Former Act that were submitted or delivered pursuant to those provisions before that date.

⑥The form specified in Appended Table VII (1) of the New Regulation applies to the statement prescribed in Article 227 (Trust Accounting Statements) of the New Act pertaining to a business year of a trust company that starts on or after the Effective Date of the Trust Act (or, in the case of a trustee other than a trust company, the statement prescribed in that Article that is submitted on or after January 1, 2009), and the provisions then in force continue to govern the statement prescribed in Article 227 (Statements Concerning Trusts) of the Former Act pertaining to a business year that started before the Effective Date of the Trust Act (or, in the case of a trustee other than a trust company, the statement prescribed in that Article that is submitted before January 1, 2009).

⑦The forms specified in Appended Table VII (2) and Appended Table VIII (3) of the New Regulation apply to the statements and reports prescribed in Article 227-2 (Statement Concerning Partner Income from Limited Liability Partnerships, etc.) or Article 228, paragraph (2) of the New Act that are submitted pursuant to those provisions on or after January 1, 2008, and the provisions then in force continue to govern the statement prescribed in Article 227-2 (Statement Concerning Partner Income from Limited Liability Partnerships, etc.) of the Former Act that was submitted pursuant to that Article before that date.

⑧For the time being, the forms prescribed in the preceding paragraphs may be replaced by the statements, paper-based notices, reports, written notices or Withholding receipts specified in the corresponding provisions of the Former Regulation, with entries made in them in accordance with Appended Table III (1), Appended Table III (2), Appended Table III (4), Appended Table IV (2), Appended Table IV (3), Appended Table V (3) through Appended Table V (7), Appended Table V (29), Appended Table VI (1) through Appended Table VI (3), Appended Table VII (1), Appended Table VII (2) or Appended Table VIII (2) of the New Regulation.