Enforcement Rules of the Income Basic Tax Act Article 15-1

The ceiling on the amount of tax credited in accordance with Paragraph 1, Article 13 of the Act is calculated as follows:The Ceiling on the Amount of Tax Credited = (the Amount of Income Basic Tax Calculated in accordance with Paragraph 1, Article 13 of the Act – the Amount of Income Tax Payable in accordance with the Income Tax Act) × [the Income in accordance with Subparagraph 1, Paragraph 1, Article 12 of the Act] ÷ [ the sum of Amount in accordance with Subparagraphs 1 to 6, Paragraph 1, Article 12 of the Act]