noun
Act on Special Measures Concerning Taxation
A specific Japanese law; used in legal, tax, and policy contexts.
租税特別措置法に基づく優遇措置が適用される。
Preferential treatment based on the Act on Special Measures Concerning Taxation is applied.
Compound of 租税 (taxation), 特別 (special), 措置 (measures), and 法 (law).