The main text is read a page at a time: a chapter to a page, and a long chapter in runs of articles. The whole main text, and the supplementary provisions and appended tables this amendment changes. Those it leaves untouched are on the page for the text in force.
Article 42-10第四十二条の十
Special Depreciation or Special Corporation Tax Credit Where Machinery, etc. Is Acquired in a National Strategic Special Zone（国家戦略特別区域において機械等を取得した場合の特別償却又は法人税額の特別控除）
Article 42-10, paragraph (1)
If a corporation that files a blue return and that is specified, in a certified zone plan prescribed in Article 11, paragraph (1) of the National Strategic Special Zones Act (hereinafter referred to as a "certified zone plan" in this paragraph), as the implementing entity prescribed in Article 8, paragraph (2), item (ii) of that Act for a specified business (meaning a specified business prescribed in Article 27-2 of that Act; the same applies hereinafter in this paragraph and the following paragraph) (hereinafter referred to as an "implementing corporation" through paragraph (3)), within the period from the date specified in Article 1, item (i) of the Supplementary Provisions of that Act to March 31, 2028 (referred to as the "designated period" in the following paragraph), acquires, within the National Strategic Special Zone prescribed in Article 2, paragraph (1) of that Act pertaining to that certified zone plan (hereinafter referred to as the "National Strategic Special Zone" in this paragraph and the following paragraph), machinery and equipment, furniture and fixtures (limited to those specified by Order of the Ministry of Finance as being used exclusively for development research (meaning experimental research specified by Cabinet Order as pertaining to the manufacture of new products or the invention of new technologies)), buildings and their associated facilities, and structures (limited to those of a scale specified by Cabinet Order; hereinafter referred to as "specified machinery and equipment, etc." in this Article) stated in the business implementation plan of the implementing corporation pertaining to that National Strategic Special Zone (meaning a plan specified by Order of the Ministry of Finance as a plan concerning the implementation of a specified business set forth in a certified zone plan; the same applies hereinafter in this paragraph and the following paragraph) that have not been put to use for business since their manufacture or construction, or manufactures or constructs specified machinery and equipment, etc. stated in that business implementation plan, and puts them to use for the specified business of the implementing corporation (excluding where those other than buildings and their associated facilities to be put to use for a specified business specified by Order of the Ministry of Finance as one whose continuous implementation is ensured are put to use for lending; the same applies in the following paragraph), the depreciation limit of the specified machinery and equipment, etc. for the business year that includes the date on which they were put to use for the specified business (excluding the business year that includes the date of dissolution (other than dissolution due to a merger) and business years during liquidation; referred to as the "business year of commencement of use" in the following paragraph) is, notwithstanding the provisions of Article 31, paragraph (1) or (2) of the Corporation Tax Act, the sum of the ordinary depreciation limit of the specified machinery and equipment, etc. and its special depreciation limit (meaning the amount specified in each of the following items according to the category of specified machinery and equipment, etc. listed in that item).
specified machinery and equipment, etc. acquired, manufactured or constructed during the period from April 1, 2026 to March 31, 2028 (excluding specified machinery and equipment, etc. stated, as of March 31, 2026, in a business implementation plan pertaining to a confirmation received on or before that date that is specified by Order of the Ministry of Finance as a confirmation concerning the appropriate and reliable implementation of a specified business): the amount equivalent to 40 percent (20 percent for buildings and their associated facilities, and structures) of its acquisition cost;
specified machinery and equipment, etc. other than those listed in the preceding item: the amount equivalent to 45 percent (23 percent for buildings and their associated facilities, and structures) of its acquisition cost.
If an implementing corporation, within the designated period, acquires, within the National Strategic Special Zone, specified machinery and equipment, etc. stated in the business implementation plan of the implementing corporation pertaining to that National Strategic Special Zone that have not been put to use for business since their manufacture or construction, or manufactures or constructs specified machinery and equipment, etc. stated in that business implementation plan, and puts them to use for the specified business of the implementing corporation, and the provisions of the preceding paragraph are not applied to the specified machinery and equipment, etc., the sum of the amounts calculated by multiplying the acquisition cost of the specified machinery and equipment, etc. put to use for the specified business by the rate specified in each of the following items according to the category of specified machinery and equipment, etc. listed in that item (hereinafter referred to as the "maximum tax credit" in this paragraph) is deducted from the corporation tax before adjustment on the income for the business year of commencement of use (meaning the corporation tax before adjustment prescribed in Article 42-4, paragraph (19), item (ii); the same applies hereinafter in this paragraph). In this case, if the maximum tax credit of the implementing corporation for the business year of commencement of use exceeds the amount equivalent to 20 percent of the corporation tax before adjustment of the implementing corporation on the income for that business year of commencement of use, the amount to be deducted is limited to the amount equivalent to that 20 percent.
specified machinery and equipment, etc. listed in item (i) of the preceding paragraph: 12 percent (6 percent for buildings and their associated facilities, and structures);
specified machinery and equipment, etc. listed in item (ii) of the preceding paragraph: 14 percent (7 percent for buildings and their associated facilities, and structures).
The provisions of paragraph (1) do not apply to specified machinery and equipment, etc. acquired by an implementing corporation through a lease transaction without transfer of ownership.
The provisions of paragraph (1) apply only if the final return, etc. has a written statement attached thereto concerning the calculation of the depreciation limit of the specified machinery and equipment, etc.
The provisions of paragraph (2) apply only if a document stating the acquisition cost of the specified machinery and equipment, etc., the amount to be deducted, and the details of the calculation of that amount, which are subject to the deduction under that paragraph, is attached to the final return, etc. (including an amended return form or written request for reassessment, if one is filed to increase the amount to be deducted pursuant to the provisions of that paragraph). In this case, the acquisition cost of the specified machinery and equipment, etc. serving as the basis for the calculation of the amount to be deducted pursuant to that paragraph is limited to the acquisition cost of the specified machinery and equipment, etc. stated in the document attached to the final return, etc.
The provisions of Article 42-4, paragraphs (23) and (24) apply mutatis mutandis where the provisions of paragraph (2) are applied. In this case, the phrase "paragraphs (1), (4), (7) and (14)" in paragraph (23) of that Article is deemed to be replaced with "Article 42-10, paragraph (2)".
Beyond what is provided for in paragraph (3) through the preceding paragraph, necessary matters concerning the application of the provisions of paragraph (1) or (2) are specified by Cabinet Order.
Special Depreciation or Special Corporation Tax Credit Where Machinery, etc. Is Acquired in an International Strategic Comprehensive Special Zone（国際戦略総合特別区域において機械等を取得した場合の特別償却又は法人税額の特別控除）
Article 42-11, paragraph (1)
If a corporation that files a blue return and that falls under a designated corporation prescribed in Article 26, paragraph (1) of the Act on Comprehensive Special Zones (hereinafter referred to as a "designated corporation" through paragraph (3)), within the period from the date of enforcement of that Act to March 31, 2028 (referred to as the "designated period" in the following paragraph), acquires, within an International Strategic Comprehensive Special Zone prescribed in Article 2, paragraph (1) of that Act (hereinafter referred to as an "International Strategic Comprehensive Special Zone" in this paragraph and the following paragraph), machinery and equipment, furniture and fixtures (limited to those specified by Order of the Ministry of Finance as being used exclusively for development research (meaning experimental research specified by Cabinet Order as pertaining to the manufacture of new products or the invention of new technologies)), buildings and their associated facilities, and structures (limited to those of a scale specified by Cabinet Order; hereinafter referred to as "specified machinery and equipment, etc." in this Article) stated in a plan of the designated corporation, specified by Order of the Ministry of Finance, that conforms to the certified International Strategic Comprehensive Special Zone plan prescribed in Article 15, paragraph (1) of that Act pertaining to that International Strategic Comprehensive Special Zone (hereinafter referred to as a "designated corporation business implementation plan" in this paragraph and the following paragraph) that have not been put to use for business since their manufacture or construction, or manufactures or constructs specified machinery and equipment, etc. stated in that designated corporation business implementation plan, and puts them to use for the business of the designated corporation listed in Article 2, paragraph (2), item (ii), (a) or (b) of that Act (hereinafter referred to as a "specified international strategic business" in this paragraph and the following paragraph) (excluding where they are put to use for lending; the same applies in the following paragraph), the depreciation limit of the specified machinery and equipment, etc. for the business year that includes the date on which they were put to use for the specified international strategic business (excluding the business year that includes the date of dissolution (other than dissolution due to a merger) and business years during liquidation; referred to as the "business year of commencement of use" in the following paragraph) is, notwithstanding the provisions of Article 31, paragraph (1) or (2) of the Corporation Tax Act, the sum of the ordinary depreciation limit of the specified machinery and equipment, etc. and its special depreciation limit (meaning the amount specified in each of the following items according to the category of specified machinery and equipment, etc. listed in that item).
specified machinery and equipment, etc. acquired, manufactured or constructed during the period from April 1, 2024 to March 31, 2028 (excluding specified machinery and equipment, etc. stated, as of March 31, 2024, in a designated corporation business implementation plan pertaining to a designation under the provisions of Article 26, paragraph (1) of the Act on Comprehensive Special Zones received on or before that date): the amount equivalent to 30 percent (15 percent for buildings and their associated facilities, and structures) of its acquisition cost;
specified machinery and equipment, etc. other than those listed in the preceding item: the amount equivalent to 34 percent (17 percent for buildings and their associated facilities, and structures) of its acquisition cost.
If a designated corporation, within the designated period, acquires, within an International Strategic Comprehensive Special Zone, specified machinery and equipment, etc. stated in the designated corporation business implementation plan of the designated corporation pertaining to that International Strategic Comprehensive Special Zone that have not been put to use for business since their manufacture or construction, or manufactures or constructs specified machinery and equipment, etc. stated in that designated corporation business implementation plan, and puts them to use for the specified international strategic business of the designated corporation, and the provisions of the preceding paragraph are not applied to the specified machinery and equipment, etc., the sum of the amounts calculated by multiplying the acquisition cost of the specified machinery and equipment, etc. put to use for the specified international strategic business by the rate specified in each of the following items according to the category of specified machinery and equipment, etc. listed in that item (hereinafter referred to as the "maximum tax credit" in this paragraph) is deducted from the corporation tax before adjustment on the income for the business year of commencement of use (meaning the corporation tax before adjustment prescribed in Article 42-4, paragraph (19), item (ii); the same applies hereinafter in this paragraph). In this case, if the maximum tax credit of the designated corporation for the business year of commencement of use exceeds the amount equivalent to 20 percent of the corporation tax before adjustment of the designated corporation on the income for that business year of commencement of use, the amount to be deducted is limited to the amount equivalent to that 20 percent.
specified machinery and equipment, etc. listed in item (i) of the preceding paragraph: 8 percent (4 percent for buildings and their associated facilities, and structures);
前項第一号に掲げる特定機械装置等 百分の八（建物及びその附属設備並びに構築物については、百分の四）
Article 42-11, paragraph (2), item (ii)
specified machinery and equipment, etc. listed in item (ii) of the preceding paragraph: 10 percent (5 percent for buildings and their associated facilities, and structures).
前項第二号に掲げる特定機械装置等 百分の十（建物及びその附属設備並びに構築物については、百分の五）
Article 42-11, paragraph (3)
The provisions of paragraph (1) do not apply to specified machinery and equipment, etc. acquired by a designated corporation through a lease transaction without transfer of ownership.
The provisions of paragraphs (1) and (2) do not apply for a business year for which any of the following provisions are applied:
第一項及び第二項の規定は、次に掲げる規定の適用を受ける事業年度については、適用しない。
Article 42-11, paragraph (4), item (i)
the provisions of paragraph (1) or (2) of the preceding Article;
前条第一項又は第二項の規定
Article 42-11, paragraph (4), item (ii)
the provisions of Article 52-2, paragraph (1) or (4) pertaining to the provisions of paragraph (1) of the preceding Article;
前条第一項の規定に係る第五十二条の二第一項又は第四項の規定
Article 42-11, paragraph (4), item (iii)
the provisions of Article 52-3, paragraphs (1) through (3), (11) or (12) pertaining to the provisions of paragraph (1) of the preceding Article.
前条第一項の規定に係る第五十二条の三第一項から第三項まで、第十一項又は第十二項の規定
Article 42-11, paragraph (5)
The provisions of paragraph (1) apply only if the final return, etc. has a written statement attached thereto concerning the calculation of the depreciation limit of the specified machinery and equipment, etc.
The provisions of paragraph (2) apply only if a document stating the acquisition cost of the specified machinery and equipment, etc., the amount to be deducted, and the details of the calculation of that amount, which are subject to the deduction under that paragraph, is attached to the final return, etc. (including an amended return form or written request for reassessment, if one is filed to increase the amount to be deducted pursuant to the provisions of that paragraph). In this case, the acquisition cost of the specified machinery and equipment, etc. serving as the basis for the calculation of the amount to be deducted pursuant to that paragraph is limited to the acquisition cost of the specified machinery and equipment, etc. stated in the document attached to the final return, etc.
The provisions of Article 42-4, paragraphs (23) and (24) apply mutatis mutandis where the provisions of paragraph (2) are applied. In this case, the phrase "paragraphs (1), (4), (7) and (14)" in paragraph (23) of that Article is deemed to be replaced with "Article 42-11, paragraph (2)".
Beyond what is provided for in paragraph (3) through the preceding paragraph, necessary matters concerning the application of the provisions of paragraph (1) or (2) are specified by Cabinet Order.