①If 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).

②If 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.

③The 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.

④The 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.

⑤The 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.

⑥The 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)".

⑦Beyond 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.