Article 349-3-4Special Provisions on Tax Base of Fixed Assets Tax for Depreciable Assets Replacing Those Lost, etc. Due to Earthquake or Other Disaster, etc.
第三百四十九条の三の四（震災等により滅失等した償却資産に代わる償却資産等に対する固定資産税の課税標準の特例）
If the owner of a depreciable asset that was lost or damaged by an earthquake or other disaster (including, where that depreciable asset is property in co-ownership, a person holding a share therein) or another person specified by Cabinet Order, within an area specified by Cabinet Order, during the period from the date on which that earthquake or other disaster occurred until the day on which four years elapse counting from March 31 of the year following the disaster year, acquires (including the acquisition of a share of co-ownership; the same applies hereinafter in this Article) a depreciable asset that the mayor of the municipality (for a depreciable asset subject to the application of Article 389, the Minister for Internal Affairs and Communications or the prefectural governor who determines the price, etc. of that depreciable asset) finds to replace the depreciable asset that was lost or damaged, or makes improvements to the damaged depreciable asset, the tax base for fixed assets tax imposed on the depreciable asset so acquired or improved (for a depreciable asset that has been improved, the part of that depreciable asset that has been improved; and where the depreciable asset that was lost or damaged or the depreciable asset that has been acquired or improved is property in co-ownership, the part of that depreciable asset specified by Cabinet Order as replacing the depreciable asset that was lost or damaged) is, notwithstanding Article 349-2, as provided by Cabinet Order, one-half of the price that is to be the tax base for fixed assets tax pertaining to that depreciable asset (for a depreciable asset subject to the application of Article 349-3, one-half of the amount that is made the tax base under that Article), only for the fixed assets tax for the four fiscal years from the fiscal year in which fixed assets tax is first imposed after the day on which that depreciable asset was acquired or improved.
震災等により滅失し、又は損壊した償却資産の所有者（当該償却資産が共有物である場合には、その持分を有する者を含む。）その他の政令で定める者が、政令で定める区域内において当該震災等の発生した日から被災年の翌年の三月三十一日から起算して四年を経過する日までの間に、当該滅失し、若しくは損壊した償却資産に代わるものと市町村長（第三百八十九条の規定の適用を受ける償却資産にあつては、当該償却資産の価格等を決定する総務大臣又は道府県知事）が認める償却資産の取得（共有持分の取得を含む。以下この条において同じ。）又は当該損壊した償却資産の改良を行つた場合における当該取得又は改良が行われた償却資産（改良が行われた償却資産にあつては、当該償却資産の当該改良が行われた部分とし、当該滅失し、若しくは損壊した償却資産又は当該取得若しくは改良が行われた償却資産が共有物である場合には、当該償却資産のうち滅失し、又は損壊した償却資産に代わるものとして政令で定める部分とする。）に対して課する固定資産税の課税標準は、第三百四十九条の二の規定にかかわらず、当該償却資産の取得又は改良が行われた日後最初に固定資産税を課することとなつた年度から四年度分の固定資産税に限り、政令で定めるところにより、当該償却資産に係る固定資産税の課税標準となるべき価格の二分の一の額（第三百四十九条の三の規定の適用を受ける償却資産にあつては、同条の規定により課税標準とされる額の二分の一の額）とする。
Read this with the articles around it
pricemachine translation
「価格」
For land or a building (家屋), its price on the assessment date (賦課期日) of the base year (基準年度) registered in the land or building tax ledgers (土地課税台帳等, 家屋課税台帳等), or the price set by comparison with it under the provisos and paragraphs of Article 349 that Article 349-3, paragraph 9 lists; for depreciable assets (償却資産), its price on the assessment date registered in the depreciable assets tax ledger (償却資産課税台帳).
Defined inArticle 349-3, paragraph (9)
disaster yearmachine translation
「被災年」
The calendar year in which the earthquake, storm or flood, fire or other disaster (震災等) occurred.
Short name set inArticle 349-3-3, paragraph (1)· applies only in this subsection
earthquake or other disastermachine translation
「震災等」
An earthquake, storm or flood damage (風水害), fire or other disaster.
Short name set inArticle 349-3-3, paragraph (1)· applies only in this subsection
ownermachine translation
「所有者」
In Article 702, paragraph 1 on city planning tax (都市計画税), the person who is treated as, or deemed to be, the owner of the land or house for fixed assets tax (固定資産税) under Article 343 (other than its paragraphs 3, 9 and 10).
Defined inArticle 702, paragraph (2)