I hereby promulgate the Law for Partial Amendments to the Income Tax Law and Others.
Signed:HIROHITO, Seal of the Emperor
This nineteenth day of the fifth month of the twenty-fourth year of Showa (May 19, 1949)
Prime Minister YOSHIDA Shigeru
Law for Partial Amendments to the Income Tax Law and Others
1.
In Art.55, Par.2 of the Income Tax Law (Law No.27 of 1947), Art.42, Par.2 of the Corporation Tax Law (Law No.28 of 1947), Art.13-(2), Par.2 of the Securities Transfer Tax Law (Law No.7 of 1937), Art.58, Par.2 of the Estate Tax Law (Law No.87 of 1947), Art.11-(2), Par.2 of the Travelling Tax Law (Law No.43 of 1940), and Art.28, Par.2 of the Transaction Tax Law (Law No.108 of 1948), "100 yen" shall read "1,000 yen."
2
In Art.55, Par.3 of the Income Tax Law, Art.42, Par, 3 of the Corporation Tax Law, Art.13-(2), Par.3 of the Securities Transfer Tax Law, Art.58, Par.3, of the Estate Tax Law, Art.11-(2), Par.3 of the Travelling Tax Law, and Art.28, Par.3 of the Transaction Tax Law, "10 yen" shall read "100 yen."
Supplementary Provision:
The present Law shall come into force as from the day of its promulgation.