○[Tax Reform for Fiscal Year 2009] Establishment of the Small and Medium Enterprise Management Enhancement Tax System will allow immediate depreciation even after the abolition of the Productivity Enhancement Equipment Investment Promotion Tax System!
In order to encourage “aggressive investment” by small and medium-sized enterprises (SMEs), the additional measures (immediate depreciation, etc.) of the SME Investment Promotion Tax Law will be reorganized and the SME Management Enhancement Tax Law will be established. Eligible equipment will be expanded to include certain fixtures and equipment attached to buildings (applicable for two years). Equipment subject to special exceptions for fixed asset tax will also be expanded in the same way, with restrictions on regional industries, to strongly support productivity improvement of a wide range of SMEs, including those in the service industry.