Supplementary Provisions, Article 5Transitional Measures Concerning Ratio Equivalent to the Taxable Sales Ratio

Where a business operator that makes transfers, etc. of assets in social welfare businesses, etc. (excluding a business operator exempted from the obligation to pay consumption tax pursuant to Article 9, paragraph (1), main clause of the New Act) was unable, due to unavoidable circumstances, to obtain the approval under Article 30, paragraph (3), item (ii) of the New Act by the last day of the taxable period that includes the Effective Date, and obtains that approval by the deadline for filing the return under Article 45, paragraph (1) of the New Act for the taxable period that includes the Effective Date, Article 30, paragraph (3) of the New Act applies on the premise that the business operator is deemed to have obtained that approval during that taxable period.