Among expenses incurred by a domestic corporation, none of the following amounts shall be included in deductible expenses for purposes of calculating the amount of income of each business year: <Amended on Dec. 24, 2018>
1. An amount prescribed by Presidential Decree, such as expenses incurred in acquiring and managing the assets prescribed by Presidential Decree, which are deemed to have no direct connection to the business of the corporation;
2. Expenditures prescribed by Presidential Decree, other than the amount prescribed in subparagraph 1, which are deemed to have no direct connection to the business of the relevant corporation.[This Article Wholly Amended on Dec. 30, 2010]