(1) Where the head of the tax office having jurisdiction over the place of tax payment or the commissioner of the competent regional tax office deems that a domestic corporation is likely to evade corporate tax in the business year due to the grounds prescribed by Presidential Decree (hereafter in this Article, referred to as "grounds for occasional imposition"), he or she may occasionally impose corporate tax on the domestic corporation (hereinafter referred to as "occasional imposition"). In such cases, the corporation shall also file a report on income for each business year under Article 60.
(2) For purposes of paragraph (1), the period from the start date of the business year to the date on which the grounds for occasional imposition arise, shall be the period for occasional imposition; provided, the grounds for occasional imposition have arisen before the deadline for filing a report on the tax base, etc. under Article 60 for the immediately previous business year (excluding where a report on the tax base for the immediately previous year is filed), the period for occasional imposition shall be the period from the start date of the immediately previous business year until the day the grounds for occasional imposition have arisen.
(3) Matters necessary for occasional imposition under paragraph (1) shall be prescribed by Presidential Decree.[This Article Wholly Amended on Dec. 30, 2010]