①If 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).

②If 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.

③The 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.

④The provisions of paragraphs (1) and (2) do not apply for a business year for which any of the following provisions are applied:

⑤The provisions of paragraph (1) apply only if the tax return, etc. has a written statement attached thereto concerning the calculation of the depreciation limit of the specified machinery and equipment, etc.

⑥The 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 tax return, etc. (including an amended return 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 tax return, etc.

⑦The 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)".

⑧Beyond 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.