Article 8-3 (Tax Credit for Contributions for Win-Win Cooperation)

Where a domestic corporation makes contributions falling under any of the following subparagraphs for win-win cooperation as defined by Article 2, Item 3 of the 「Act on Promotion of Win-Win Cooperation between Large Enterprises and Small and Medium Enterprises」 or Article 2, Item 19 of the 「Special Act on Support for Farmers, Fishermen, etc. upon Conclusion of Free Trade Agreements」, by December 31, 2028, an amount equivalent to 10 percent of the contributed amount shall be deducted from the corporate tax for the business year in which the date of contribution falls. Provided that, if the contributed amount is used to support special relationships as prescribed by a Presidential Decree, such amount shall not be subject to deduction. <Amended by Act No. 12163, Dec. 31, 2011, Act No. 12278, Jan. 1, 2014, Act No. 13954, Mar. 29, 2016, Act No. 14470, Dec. 20, 2016, Act No. 16837, Dec. 31, 2019, Act No. 18619, Dec. 28, 2021, Act No. 19121, Dec. 31, 2022, Act No. 19876, Dec. 23, 2025> 1. Contributions to the Korea Credit Guarantee Fund established under the 「Credit Guarantee Fund Act」 (hereinafter referred to as the "Credit Guarantee Fund" in this Article) or the Korea Technology Finance Corporation established under the 「Korea Technology Finance Corporation Act」 (hereinafter referred to as the "Korea Technology Finance Corporation" in this Article) for the purpose of providing guarantees or loans to small and medium enterprises, such as consignees, as defined by Article 2, Item 6 of the 「Act on Promotion of Win-Win Cooperation between Large Enterprises and Small and Medium Enterprises」 (hereinafter referred to as "cooperating small and medium enterprises" in this Article), as prescribed by a Presidential Decree. 2. Contributions to the Korea Win-Win Cooperation Foundation between Large Enterprises, Small and Medium Enterprises, and Farmers/Fishermen established under the 「Act on Promotion of Win-Win Cooperation between Large Enterprises and Small and Medium Enterprises」 (including the Rural Win-Win Cooperation Fund established under the 「Special Act on Support for Farmers, Fishermen, etc. upon Conclusion of Free Trade Agreements」, hereinafter referred to as the "Cooperation Foundation" in this Article). 3. Contributions to an in-house welfare fund established by small and medium enterprises as defined by Article 2, Item 1 of the 「Act on Promotion of Win-Win Cooperation between Large Enterprises and Small and Medium Enterprises」 (hereinafter referred to as "cooperative small and medium enterprises" in this paragraph) under Article 50 of the 「Framework Act on Welfare of Employees」, or to a joint welfare fund for employees established jointly by cooperative small and medium enterprises under Article 86-2 of the 「Framework Act on Welfare of Employees」. Provided that contributions to an in-house welfare fund established by the domestic corporation itself or a joint welfare fund for employees jointly established by the domestic corporation shall be excluded. 4. Contributions to joint business support funds under Article 106, Paragraph 8 of the 「Small and Medium Enterprise Cooperatives Act」.

Where a domestic resident invests in facilities prescribed by a Presidential Decree (excluding gratuitous lease under Paragraph 2) installed in consignee enterprises, which are parties to consignment transactions under the 「Act on Promotion of Win-Win Cooperation between Large Enterprises and Small and Medium Enterprises」, by December 31, 2028 (excluding investments in used goods and investments through leasing as prescribed by a Presidential Decree), an amount equivalent to 1 percent (3 percent for medium-sized enterprises, 7 percent for small and medium enterprises) of the investment amount shall be deducted from income tax (only income tax on business income) or corporate tax. In this case, the provisions of Article 24, Paragraphs 1, 2, and 5 shall apply mutatis mutandis to the method of tax credit. <Newly Added by Act No. 16205, Dec. 24, 2018, Act No. 16837, Dec. 31, 2019, Act No. 17834, Dec. 29, 2020, Act No. 19121, Dec. 31, 2022, Act No. 19876, Dec. 23, 2025>

Where a domestic corporation contributes to the Trade Insurance Fund established under Article 30 of the 「Trade Insurance Act」 for the purpose of providing guarantees or loans to cooperating small and medium enterprises or medium-sized enterprises prescribed by a Presidential Decree (hereinafter referred to as "cooperating medium-sized enterprises" in this Article), by December 31, 2028, an amount equivalent to the contributed amount multiplied by the ratio specified in each of the following subparagraphs shall be deducted from the corporate tax for the business year in which the date of contribution falls. Provided that, if the contributed amount is used to support special relationships as prescribed by a Presidential Decree, such amount shall not be subject to deduction. <Newly Added by Act No. 19876, Dec. 23, 2025> 1. Contributions for guarantees or loans to cooperating small and medium enterprises: 10 percent 2. Contributions for guarantees or loans to cooperating medium-sized enterprises: 5 percent

If the Credit Guarantee Fund, the Korea Technology Finance Corporation, or the Trade Insurance Fund uses contributions received under Paragraphs 1 and 5 for purposes other than those specified in the relevant paragraphs, the domestic corporation shall pay, as corporate tax, an amount equivalent to the tax credit deducted under the relevant paragraphs when filing the tax return for the business year. <Amended by Act No. 13954, Mar. 29, 2016, Act No. 14470, Dec. 20, 2016, Act No. 16205, Dec. 24, 2018, Act No. 19121, Dec. 31, 2022, Act No. 19876, Dec. 23, 2025>

A domestic corporation that intends to apply the provisions of Paragraphs 1 through 5 shall file a tax credit application as prescribed by a Presidential Decree. <Amended by Act No. 14470, Dec. 20, 2016, Act No. 16205, Dec. 24, 2018, Act No. 19121, Dec. 31, 2022, Act No. 19876, Dec. 23, 2025>