Article 25-7 (Tax Credit for Investment by Domestic Corporations in Culture Industry Specialized Companies)

Where a domestic corporation, as prescribed by Presidential Decree, invests in a culture industry specialized company pursuant to the 「Act on Promotion of Culture Industry and the like」 (hereinafter referred to as "culture industry specialized company" in this Article) that produces audiovisual content (hereinafter referred to as "audiovisual content" in this Article) falling under any of the subparagraphs of Article 25-6 (1) 1, as prescribed by Presidential Decree, by December 31, 2028, an amount equivalent to 3 percent of the amount calculated by multiplying the amount under subparagraph 1 by the ratio under subparagraph 2 shall be deducted from the corporate tax for the business year in which the earlier of the first broadcast, screening, or provision of the audiovisual content or the liquidation date of the culture industry specialized company falls. <Amended by 2025.12.23> 1. The amount invested by the domestic corporation in the culture industry specialized company. 2. The ratio obtained by dividing the costs incurred domestically and internationally for the production of the audiovisual content, as prescribed by Presidential Decree, by the total investment amount of the culture industry specialized company.

When applying the provisions of paragraph ①, the method for calculating the amount of the tax credit and other necessary matters shall be prescribed by Presidential Decree.