Japan Prime Minister Sanae Takaichi highlighted plans to offer companies tax credits of up to 50% for research and development in strategic technologies, including artificial intelligence (AI).
Takaichi said certification under the strengthened tax system is expected to begin in fiscal 2027. The measure is part of the amended Industrial Technology Enhancement Act and is intended to encourage investment in advanced technologies.
"We look forward to its active utilization by Japanese companies venturing into bold domestic investments," she stated.
https://breakingthenews.net/Article/Takaichi:-Japan-to-boost-tax-support-for-AI/66968787
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