Supplementary Provisions, Article 15-6, paragraph (1)

With regard to the fixed assets tax imposed on a dwelling specified by Cabinet Order that wasA municipality is to reduce, for fixed assets tax imposed on dwellings newly built during the period from April 1, 20222029 to March 31, 2031 (meaning, for a building held in unit ownership, a buildinghouse having an exclusively-owned area specified by Cabinet Order among the exclusively-owned areas used for residence prescribed in Article 2, paragraph (3) of the Act on Building Unit Ownership (hereinafter in this Article through Article 15-9-3 of the Supplementary Provisions referred to as "exclusively-owned areasarea"), and for a house other than a building held in unit ownership, a house specified by Cabinet Order among the houses used for residence; hereinafter the same applies hereinafter in this Article through Article 15-8, Article 15-9, paragraph (1) and Article 15-9-2, paragraph (1) of the Supplementary Provisions) (excluding, where, in relation to a notification under Article 88, paragraph (1) of the Act on Special Measures concerning Urban Reconstruction concerning the new construction of a dwelling, a person who received a recommendation under Article 88, paragraph (3) of that Act (hereinafter in this paragraph referred to as a "recommendation") has been publicly announced under ) (excluding the following dwellings (excluding a dwelling for which, at the time of the building confirmation for that dwelling, the entire land on which the dwelling was to be built was outside the areas listed in item (i), (a) through (e), or, within an urbanization control area prescribed in Article 887, paragraph (5)(1) of that Act as not having complied with the recommendation, a dwelling newly built without complying with the recommendation (limited to one of which the whole or a part of the land used as its site is included in the area prescribed in Article 88, paragraph (5) of that Act); the City Planning Act (referred to as the "urbanization control area" in item (ii)), outside the areas listed in item (ii), (a) or (b)); hereinafter the same applies hereinafter in this Article), a municipality is to reduce and the following Article) that are specified by Cabinet Order, except where the provisions of the following paragraph, paragraph (1) or (2) of the following Article or Article 15-8 of the Supplementary Provisions applies, limited to theapply, solely for fixed assets tax for three fiscal years counting from the fiscal year forin which fixed assets tax comes to beis newly imposed on that dwelling, an amount equivalent to one-half of the fixed assets tax amount for that dwelling (for a dwelling held in unit ownership (meaning a dwelling that is a building held in unit ownership; hereinafter the same applies hereinafter in this Article through Article 15-8 of the Supplementary Provisions), the totalsum of the amounts calculated for each unit owner, as provided by Cabinet Order, as the tax amount relatingpertaining to the part to which this paragraph applies, and; for a dwelling other than a dwelling held in unit ownership (limited to a dwelling having a part other than the part used for residence or another dwellingand other dwellings specified by Cabinet Order), the amount calculated, as provided by Cabinet Order, as the tax amount relatingpertaining to the part to which this paragraph applies) from the fixed assets tax amount for that dwelling.