PART Recent Trends and Developments in Government Policies in Education, Science and Culture
Chapter 5. Promotion of Private Educational Institutions
2 Financial Aid of the Government to Private Educational Institutions
(5) Favorable Measures Regarding Taxation
The Government has implemented various taxation measures favorable
to school corporations. All school corporations are exempt from corporation tax
and other taxes. Those corporations or persons who have made donations to school
corporations are entitled to 1>e either totally exempt from tax for their donations
or partially exempt from tax through gaining a certain proportion (or a certain
sum) of income deduction.
Private educational institutions are encouraged to make better
use of these favorable taxation measures.
Chapter5 2 (5)
Recent Trends and Developments in Government Policies in Education, Science and Culture