Supplementary Provisions (Act No. 68 of 2012), Article 4 — Consumption Tax Act — japanlaw

1 article

Supplementary Provisions, Article 4Transitional Measures Concerning Special Provisions on Exemption from Tax Liability of Specified Newly Founded Corporations

第四条（特定新規設立法人の納税義務の免除の特例に関する経過措置）

The provisions of Article 12-3 of the New Consumption Tax Act apply to a newly founded corporation prescribed in paragraph (1) of that Article that is established on or after the Effective Date and comes to fall under a specified newly founded corporation prescribed in that paragraph.

新消費税法第十二条の三の規定は、施行日以後に設立される同条第一項に規定する新規設立法人で、同項に規定する特定新規設立法人に該当することとなるものについて適用する。

Cited by1

Supplementary Provisions, Article 13, paragraph (2)
Transitional Measures Concerning Interim Returns, etc. for Taxable Transfers, etc. of Assets
“Article 2 through the preceding Article”

Defined terms4

newly founded corporation
新規設立法人（しんきせつりつほうじん）
In Article 12-3, a corporation with no base period (基準期間) for its business year, other than a newly established corporation (新設法人) under Article 12-2 and a social welfare corporation (社会福祉法人) or other corporation a Cabinet Order (政令) specifies that was set up solely to make the transfers, etc. of assets listed in Appended Table 2.
Article 12-3, paragraph (1)See it in the glossary
specified newly founded corporation
特定新規設立法人（とくていしんきせつりつほうじん）
In Article 12-3, paragraphs (1) and (3), a newly founded corporation (新規設立法人) that on the first day of its business year without a base period meets the specified requirement (特定要件) — more than 50% of its shares or contributions held, directly or indirectly, by another person, or other control by another person a Cabinet Order (政令) sets — where that person or a corporation specially related to it had taxable sales of more than 500 million yen, or total revenue of more than 5 billion yen, in the period corresponding to the new corporation's base period; it is not exempted from consumption tax for its business years without a base period.
Article 12-3, paragraph (1)See it in the glossary
New Consumption Tax Act
新消費税法（しんしょうひぜいほう）
This Act as amended by Article 2 of Act No. 68 of 2012.
Supplementary Provisions, Article 2, paragraph (1)See it in the glossary
the Effective Date
施行日（しこうび）
The date Act No. 68 of 2012, the amending Act these supplementary provisions (附則) belong to, comes into effect.
Supplementary Provisions, Article 2, paragraph (1)See it in the glossary

This version

as amended by Science Council of Japan Act (Act No. 70 of 2025)日本学術会議法

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