[Tax Preferential Measure main contents]
Tax Preferential Measure
Taxation for Promotion of Manufacturing Industry Aggregation (Kyoto Prefecture)
The company which constructs, expands, moves or renovates a factory, plant or other facilities in *Manufacturing Industry Aggregation Promotion District can have up to a 50% reduction on real estate tax by creating employment.
|Areas Covered||*Manufacturing Industry Aggregation Site|
|Eligible Company||Manufacturing, software, information technology service|
|Eligible Facility||Factories and research facilities or laboratories that are newly constructed or renovated|
|Prerequisite||Equipment acquisition cost (except for the land):
Over 2.7 million yen for plant
Over 50 million yen for research facility or laboratory
|Number of regularly employed people within the Prefecture||5 people or more at the site and the total number of people in all work sites within the Prefecture increases|
|Reduction Condition||Up to a 50% reduction of real estate tax on land and housing (unequal taxation) *Sales, Headquarter Divisions are in eligible.|
|Applicable Term||April 1, 2012-March 31, 2017|
*Manufacturing Industry Aggregation Promotion District
A district which the prefectural governor designs after the application of local mayors to be developed as a site of manufacturing industry.