Supplementary Provisions, Article 15-6, paragraph (2)

With regard to the A municipality is to reduce, for fixed assets tax imposed on a dwellingdwellings specified by Cabinet Order that is aare medium- and high-rise fireproof buildingbuildings (meaning a buildingbuildings whose specified principal structural parts prescribed in Article 2, item (ix)-2, (a) of the Building Standards Act are of fireproof structure, or a buildingconstruction, or buildings falling under either (a) or (b) of item (ix)-3 of that Article, having that have three or more stories above ground (meaning the number of stories above ground calculated as provided by Cabinet Order); the same applies in paragraph (2) of the following Article) newly built during the period from April 1, 20242029 to March 31, 2031, a municipality is to reduce, except whereexcept where the provisions of 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 five 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, 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.