Local Tax Act

The tax base of fixed assets tax for a base year imposed on land or houses located on the assessment date for the base year (hereinafter referred to as "base-year land or house") is the price of the land or house on the assessment date for the base year (hereinafter referred to as "base-year price") that has been registered in the land tax ledger or supplementary land tax ledger (hereinafter referred to as "land tax ledgers, etc.") or the house tax ledger or supplementary house tax ledger (hereinafter referred to as "house tax ledger, etc.").

The tax base of fixed assets tax for the second year imposed on base-year land or house is the price that formed the basis of the tax base of fixed assets tax for the base year for that land or house and that has been registered in the land tax ledgers, etc. or the house tax ledger, etc.; provided, however, that if, due to the circumstances set out in the following items existing with respect to the base-year land or house on the assessment date for fixed assets tax for the second year, the mayor of the municipality finds that it is inappropriate to use the price that formed the basis of the tax base of fixed assets tax for the base year, or that doing so would significantly upset the balance in the imposition of fixed assets tax throughout the municipality, the tax base of fixed assets tax for the second year imposed on that land or house is the price based on comparison with the base-year price of land or houses similar to that land or house, which has been registered in the land tax ledgers, etc. or the house tax ledger, etc.

Special circumstances such as a change of land category, the reconstruction or damage of a house, or other similar circumstances

Abolition, establishment, division or merger of municipalities, or boundary change

The tax base of fixed assets tax for the third year imposed on base-year land or house is the price that formed the basis of the tax base of fixed assets tax for the base year for that land or house (where, due to the circumstances set out in the proviso to the preceding paragraph having existed in the second year, there is a price that was made the tax base of fixed assets tax for the second year imposed on that land or house under the proviso to that paragraph, that price; the same applies hereinafter in this paragraph) and that has been registered in the land tax ledgers, etc. or the house tax ledger, etc.; provided, however, that if, due to the circumstances set out in the items of the preceding paragraph existing with respect to the base-year land or house on the assessment date for fixed assets tax for the third year, the mayor of the municipality finds that it is inappropriate to use the price that formed the basis of the tax base of fixed assets tax for the base year, or that doing so would significantly upset the balance in the imposition of fixed assets tax throughout the municipality, the tax base of fixed assets tax for the third year imposed on that land or house is the price based on comparison with the base-year price of land or houses similar to that land or house, which has been registered in the land tax ledgers, etc. or the house tax ledger, etc.

The tax base of fixed assets tax for the second year imposed on land or houses on which fixed assets tax is to be newly imposed in the second year (hereinafter referred to as "land or house for the second year") is the price based on comparison with the base-year price of land or houses similar to that land or house, which has been registered in the land tax ledgers, etc. or the house tax ledger, etc.

The tax base of fixed assets tax for the third year imposed on land or house for the second year is the price that formed the basis of the tax base of fixed assets tax for the second year for that land or house and that has been registered in the land tax ledgers, etc. or the house tax ledger, etc.; provided, however, that if, due to the circumstances set out in the items of paragraph (2) existing with respect to the land or house for the second year on the assessment date for fixed assets tax for the third year, the mayor of the municipality finds that it is inappropriate to use the price that formed the basis of the tax base of fixed assets tax for the second year, or that doing so would significantly upset the balance in the imposition of fixed assets tax throughout the municipality, the tax base of fixed assets tax for the third year imposed on that land or house is the price based on comparison with the base-year price of land or houses similar to that land or house, which has been registered in the land tax ledgers, etc. or the house tax ledger, etc.

The tax base of fixed assets tax for the third year imposed on land or houses on which fixed assets tax is to be newly imposed in the third year (hereinafter referred to as "land or house for the third year") is the price based on comparison with the base-year price of land or houses similar to that land or house, which has been registered in the land tax ledgers, etc. or the house tax ledger, etc.

The tax base of fixed assets tax imposed on depreciable assets is the price of the depreciable asset on the assessment date that has been registered in the depreciable assets tax ledger.