Corporate Contribution through Corporate Version of Furusato Tax System

Chugoku Bank (President: Masanori Kato, Okayama City) is actively promoting the corporate version of the furusato tax system by facilitating matchmaking between local governments and corporations. The bank aims to enhance regional revitalization through public-private partnership initiatives and support for local regeneration projects.

Through information provided by the bank, Shigeyamagumi Co., Ltd. (President: Yuji Kawada, Bizen City) has expressed support for the regional regeneration plans of Setouchi City, Tsuyama City, and Wake Town, and has made donations accordingly. This contribution is being announced.

The bank will continue to contribute to regional development and the advancement of regional revitalization through various public-private collaborative initiatives.

1. Donating Company

Company Name: Shigeyamagumi Co., Ltd.

Headquarters: 253 Higashikataage, Bizen City, Okayama Prefecture

Representative: Yuji Kawada

Business Activities: Construction

2. Recipient Local Governments

Local Government: Setouchi City (Okayama Prefecture, Mayor: Kenta Kuroishi)

Supported Project: A city that harnesses the flow of a new era

Local Government: Tsuyama City (Okayama Prefecture, Mayor: Satoshi Mitsui)

Supported Project: Comprehensive industrial support through the Tsuyama Industrial Support Center

Local Government: Wake Town (Okayama Prefecture, Mayor: Keiho Ota)

Supported Project: Building a town that supports a 'creating lifestyle'

About the Corporate Version of Furusato Tax

Introduced in fiscal year 2016, the corporate version of the furusato tax allows corporations to receive tax deductions from corporate taxes when they donate to local government-led regional revitalization projects certified by the national government.

By utilizing this system, local governments can secure funding for their revitalization initiatives, while donor companies can contribute to regional development, build partnerships with local authorities, and potentially develop new businesses leveraging regional resources.

Chugoku Bank Corporation

Phone: 086-223-3111

Public Relations Center: Okajima (Ext. 2255)