|Policy status:||In Force|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief|
|Policy Target:||Industry>Industrial subsectors>Cross-industry, Buildings>Building Type>Residential, Buildings>Building Type>Non-residential|
|Agency:||Ministry of Economy, Trade and Industry (METI)|
“Green investment tax reduction” system was established after the abolishment of the previous energy efficiency related preferential tax system in 2012. Business operators who purchase the target equipment during the period from April 1, 2013 to March 31, 2016 are eligible for special depreciation of 30% against standard purchase prices or 7% tax deduction (only small and medium enterprises). Business operators who purchase equipment which is covered by both the green investment tax reduction and the energy reform tax system can select either of the tax systems to be applied to said equipment but cannot take the benefits of both systems.
date effective: 1975 (revised 2013;2006)
Last modified: Thu, 19 Oct 2017 14:38:46 CEST