1 Exemption for the full inclusion
(1) Specified CFCs : ETR of a CFC ≧27%
(2) Other CFCs : ETR of a CFC ≧20%
2  Exemption for the passive income inclusion
(1) ETR of a CFC ≧20%
(2) Either passive income≦JPY 20 million or passive income per profits before tax ratio ≦ 5%