Supplementary Provisions, Article 7Transitional Measures Concerning Tax Rates, etc. in the Case of Receiving Special Provisions on the Time of Transfers on Deferred Payment Terms of Assets That Give Rise to Timber Income or Capital Gains of Individual Business Operators

①Where an individual business operator under Article 36, paragraph (1) of the Order for Enforcement of the Consumption Tax Act has been subject to the application of that paragraph with respect to a transfer on deferred payment terms prescribed in that paragraph made before the Effective Date, if there is an installment of that transfer on deferred payment terms whose payment due date arrives on or after the Effective Date, the consumption tax on the taxable transfer, etc. of assets for the portion relating to that installment is at the rate prescribed in Article 29 of the Former Act.

②The provisions of Article 5, paragraph (5) of the Supplementary Provisions apply mutatis mutandis to the case where the provisions of the preceding paragraph apply.