A Practical Guide to Tax Treatment of Special Measures For Strengthening International Compatitive Power
I. Abilition of the Export Income Special Deduction System and the Export Income Special Deduction Exceptional Rule System / 1
1. Export income special deduction system / 1
2. Export income special deduction exceptional rule system / 1
3. Transitory measures / 2
II. Additional Depreciation System in Case of Overseas Transactions,Etc.(Extension and Enlargement of the Export Special Depreciation System) / 2
1. The old export special depreciation system / 3
2. The new additional depreciation system / 3
3. Simplification of the precedure of computation / 3
4. Business terms of application / 4
5. Overseas transactions,etc.in the preceding business term or the business term before the preceding one constitutes the basis / 4
6. Overseas transactions,etc. / 5
(1) Overseas transactions / 5
(2) Overseas transactions in technology,etc. / 7
(3) Foreign means of payment / 8
7. Computation of the amount of additional depreciation / 8
(1) The basic ratio of overseas transactions / 9
(2) The amount of receipts from overseas transactions,etc. / 12
(3) The total amount of receipts / 14
(4) The limit-amount of depreciation in case additional depreciation is effected on account of overseas transactions,etc. / 14
8. Entry in the final returns,etc.and export certificate,etc. / 17
9. Transitory measures / 20
III. Special Deduction System for Income from Overseas Transactions in Technology,etc. / 22
1. The old special deduction system for technological export income / 22
2. Outline of the nes special deduction system for income from overseas transactions in technology,etc. / 22
3. Business terms of application / 23
4. Transactions of application / 23
5. Consulting business / 23
6. Computation of the amount of deduction / 25
(1) The amount of deduction(Art.58 paras.1 and 2 of the Law) / 25
(2) The amount of receipts from transactions / 26
(3) The amount of income in the business term concerned / 27
(4) The amount of income from overseas transportation transactions / 28
7. Entry in final returns,etc.and export certificate,etc. / 30
8. Transitory measures / 31
Related Text of the Special Taxation Measures Law(incorporating latest amendment of March 31,1964)(From Article 54 to Supplementary Provisions) / 32
Related Text of the Special Taxation Measures Law Enforcement Order(incorporating latest amendment of March 31,1964)(From Article 6-(5)to Article 12) / 59
