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Tax Preferential Measure

Taxation for Promotion of Manufacturing Industry Aggregation (Kyoto Prefecture)

The company which constructs, expands, moves or renovates factory, plant or other facilities in *Manufacturing Industry Aggregation Promotion District can have 50 % reduction on real estate tax by creating the employment.

Objective Area *Manufacturing Industry Aggregation Site
Objective Company Manufacturing, software, information technology, service
Objective Facility Plant and research facility or laboratory
Prerequisite Equipment acquisition cost (except for the land):
Over 2.5 million yen for plant
Over 50 million yen for research facility or laboratory
Number of regularly employed people 5 people or more at the site
Reduction Condition 50 % reduction of real estate tax (unequal taxation)
Applicable Term April 1, 2007-March 31, 2012

*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.