Supplementary Provisions, Article 11Special Provisions on the Tax Base of Real Property Acquisition Tax

①With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of land within an agricultural land area prescribed in Article 8, paragraph (2), item (i) of the Act on Establishment of Agricultural Promotion Regions, where that land is acquired based on an agricultural land utilization accumulation, etc. promotion plan for which public notice was given pursuant to Article 18, paragraph (7) of the Act on the Promotion of Farmland Intermediary Management Services, or an agricultural land utilization accumulation, etc. promotion plan (limited to the part relating to the act listed in Article 17-25, paragraph (2), item (i) of that Act) for which public notice was given pursuant to Article 17-26 of the Act on Special Measures for the Reconstruction and Revitalization of Fukushima (Act No. 25 of 2012), only where the acquisition is made during the period from the date of enforcement of the Act Partially Amending the Act on Promotion of Improvement of Agricultural Management Foundation, etc. (Act No. 56 of 2022) to March 31, 2027, an amount equivalent to one-third of the price of that land (where the acquisition is an acquisition by exchange for other land, the larger of the amount equivalent to that one-third and the amount equivalent to the price of the land lost through that exchange as registered in the fixed assets tax ledger (where the price of the land lost through that exchange is not registered in the fixed assets tax ledger, the price determined by the prefectural governor in accordance with the fixed asset valuation standards, as provided by Cabinet Order)) is to be deducted from the price.

②With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of a house, where a person who received relocation compensation for a house that had been built on land used for the purpose of a project for improving a high-standard levee prescribed in Article 6, paragraph (2) of the River Act (Act No. 167 of 1964) (including as applied mutatis mutandis pursuant to Article 100, paragraph (1) of that Act; the same applies hereinafter in this paragraph) (hereinafter in this paragraph referred to as the "previous house") acquires, on that land, within two years from the date of the public notice under Article 6, paragraph (4) of that Act (including as applied mutatis mutandis pursuant to Article 100, paragraph (1) of that Act) of the high-standard levee special zone prescribed in Article 6, paragraph (2) of that Act with regard to that land, a house that the prefectural governor approves as replacing the previous house, only where that acquisition is made on or before March 31, 2028, an amount equivalent to the price of the previous house as registered in the fixed assets tax ledger (where the price of the previous house is not registered in the fixed assets tax ledger, the price determined by the prefectural governor in accordance with the fixed asset valuation standards, as provided by Cabinet Order) is to be deducted from the price.

③With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property (meaning building land or a building prescribed in Article 2, item (i) of the Real Estate Brokerage Act (Act No. 176 of 1952); the same applies hereinafter in this paragraph through paragraph (5) and in paragraph (12)) specified by Cabinet Order, among the specified assets prescribed in Article 2, paragraph (1) of the Act on the Securitization of Assets, by a specific purpose company prescribed in Article 2, paragraph (3) of that Act (limited to one that has made the notification under Article 4, paragraph (1) of that Act) that is specified by Cabinet Order, based on the asset securitization plan prescribed in Article 2, paragraph (4) of that Act, only where the acquisition is made during the period from the day following the date of enforcement of the Act Partially Amending the Local Tax Act, etc. to Develop the Tax System in Response to the Current Severe Economic Conditions and Employment Situation (Act No. 83 of 2011; hereinafter referred to as the "2011 Local Tax Act, etc. Amendment Act") to March 31, 2027, an amount equivalent to three-fifths of the price of that real property is to be deducted from the price.

④Where a trust company, etc. prescribed in Article 3 of the Act on Investment Trusts and Investment Corporations, through undertaking an investment trust specified by Cabinet Order among the investment trusts prescribed in Article 2, paragraph (3) of that Act, acquires, in accordance with the investment trust agreement prescribed in Article 4, paragraph (1) or Article 49, paragraph (1) of that Act, real property specified by Cabinet Order among the specified assets prescribed in Article 2, paragraph (1) of that Act (referred to as "specified assets" in the following paragraph), then with regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of that real property, only where the acquisition is made during the period from the day following the date of enforcement of the 2011 Local Tax Act, etc. Amendment Act to March 31, 2027, an amount equivalent to three-fifths of the price of that real property is to be deducted from the price.

⑤Where an investment corporation prescribed in Article 2, paragraph (12) of the Act on Investment Trusts and Investment Corporations (limited to one that has received the registration under Article 187 of that Act) that is specified by Cabinet Order acquires, in accordance with the articles of incorporation prescribed in Article 67, paragraph (1) of that Act, real property specified by Cabinet Order among the specified assets, then with regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of that real property, only where the acquisition is made during the period from the day following the date of enforcement of the 2011 Local Tax Act, etc. Amendment Act to March 31, 2027, an amount equivalent to three-fifths of the price of that real property is to be deducted from the price.

⑥With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of a house specified by Cabinet Order, where a selected business operator prescribed in Article 2, paragraph (5) of the Act on Promotion of Private Finance Initiative acquires that house through a selected project prescribed in Article 2, paragraph (4) of that Act that is specified by Cabinet Order and carried out in accordance with the business contract prescribed in Article 5, paragraph (2), item (v) of that Act (limited to one for which a person listed in Article 2, paragraph (3), item (i) or (ii) of that Act has certified that it is carried out as the affairs or business of that person under the provisions of an Act), for use as public facilities, etc. prescribed in Article 2, paragraph (1) of that Act (excluding the rental housing listed in item (iii) of that paragraph (excluding public housing) and the facilities listed in item (v) of that paragraph), only where the acquisition is made on or before March 31, 2030, an amount equivalent to one-half of the price of that house is to be deducted from the price.

⑦With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property, where a certified business operator prescribed in Article 23 of the Act on Special Measures concerning Urban Reconstruction (Act No. 22 of 2002) acquires, based on the certified plan prescribed in Article 24, paragraph (1) of that Act and within the project area relating to that certified plan, real property to be used for the certified project prescribed in Article 25 of that Act (for a project of which the whole or a part of the project area is within the area of a special ward, limited to one that satisfies the requirements specified by Cabinet Order), only where the acquisition is made during the period from April 1, 2023 to March 31, 2029, an amount equivalent to the ratio determined by Prefectural Ordinance within the range of one-tenth or more and three-tenths or less, taking one-fifth of the price of that real property into consideration, is to be deducted from the price; provided, however, that where the acquisition is made within the area of a specified urban regeneration emergency development area prescribed in Article 2, paragraph (5) of that Act, an amount equivalent to the ratio determined by Prefectural Ordinance within the range of two-fifths or more and three-fifths or less, taking one-half of the price of that real property into consideration, is to be deducted from the price.

⑧With regard to the application of Article 73-14, paragraph (1) in the case where a dwelling that is a certified long-life quality housing prescribed in Article 11, paragraph (1) of the Act on the Promotion of Long-Life Quality Housing (Act No. 87 of 2008) is newly built on or before March 31, 2031, in Article 73-14, paragraph (1), the phrase "the dwelling has been constructed" is deemed to be replaced with "the dwelling that is a certified long-life quality housing prescribed in Article 11, paragraph (1) of the Act on the Promotion of Long-Life Quality Housing (Act No. 87 of 2008) has been newly built", the phrase "In calculating the tax base of real property acquisition tax imposed on the acquisition of a dwelling" is deemed to be replaced with "In calculating the tax base of real property acquisition tax imposed on the acquisition of a dwelling, only where that acquisition is made on or before March 31, 2031", and the phrase "12,000,000 yen" is deemed to be replaced with "13,000,000 yen".

⑨With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property, where an incorporated public interest association or an incorporated public interest foundation acquires real property specified by Cabinet Order to be used for a facility specified by Cabinet Order for performances of Important Intangible Cultural Property prescribed in Article 71, paragraph (1) of the Act on Protection of Cultural Properties, only where the acquisition is made on or before March 31, 2027, an amount equivalent to one-half of the price of that real property is to be deducted from the price.

⑩With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of a facility, where a person, upon receiving a loan of agricultural modernization funds prescribed in Article 2, paragraph (3) of the Act on Financing for Agricultural Modernization (Act No. 202 of 1961) that are specified by Cabinet Order, a loan of the funds listed in the right-hand column of item 8 or 9 of Appended Table 1 of the Japan Finance Corporation Act (Act No. 57 of 2007), or a loan of funds based on Article 19, paragraph (1), item (iv) of the Okinawa Development Finance Corporation Act, acquires a facility specified by Cabinet Order for joint use for the modernization or rationalization of agriculture, forestry and fisheries management, only where the acquisition is made during the period from April 1, 2017 to March 31, 2027, the amount obtained by multiplying the price by the ratio of the amount of the loan received to the acquisition cost of that facility (where that ratio exceeds one-half, one-half) is to be deducted from the price.

⑪With regard to the application of Article 73-14, paragraph (1) in the case where a rental dwelling (meaning a house of which the whole or a part is used exclusively as a residence as a rental house) specified by Cabinet Order that is housing for the elderly with services prescribed in Article 5, paragraph (1) of the Act on Securement of Stable Supply of Elderly Persons' Housing (Act No. 26 of 2001) and has received the registration under Article 7, paragraph (1) of that Act is newly built on or before March 31, 2027, in Article 73-14, paragraph (1), the phrase "the dwelling has been constructed" is deemed to be replaced with "the rental dwelling (meaning a house of which the whole or a part is used exclusively as a residence as a rental house) specified by Cabinet Order that is housing for the elderly with services prescribed in Article 5, paragraph (1) of the Act on Securement of Stable Supply of Elderly Persons' Housing (Act No. 26 of 2001) and has received the registration under Article 7, paragraph (1) of that Act has been newly built", the phrase "including the purchase of a newly constructed dwelling that has not yet been used for residence by any person; limited to those specified by Cabinet Order" is deemed to be replaced with "including the purchase of a newly constructed dwelling that has not yet been used for residence by any person", and the phrase "per dwelling unit (for an apartment house, dormitory, or other dwelling used for residence by many persons that is similar thereto (hereinafter in the provisions on real property acquisition tax referred to as an 'apartment house, etc.'), per one independently partitioned part used for residence, as specified by Cabinet Order)" is deemed to be replaced with "only where that acquisition is made on or before March 31, 2027, per one independently partitioned part used for residence, as specified by Cabinet Order".

⑫With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property, where a small-scale specified joint real estate venture operator prescribed in Article 2, paragraph (7) of the Act on Specified Joint Real Estate Ventures (Act No. 77 of 1994) (referred to as a "small-scale specified joint real estate venture operator" in item (i)), a special business operator prescribed in Article 2, paragraph (9) of that Act (hereinafter in this paragraph referred to as a "special business operator"), or a qualified special investor-only business operator prescribed in Article 2, paragraph (11) of that Act that is specified by Order of the Ministry of Internal Affairs and Communications (referred to as a "specified qualified special investor-only business operator" in item (ii)) acquires real property that is the subject of a real estate transaction relating to a specified joint real estate venture contract prescribed in Article 2, paragraph (3) of that Act (limited to those specified by Cabinet Order among the contracts listed in item (ii) of that paragraph), being the real property specified in each of the following items in accordance with the category of persons listed in that item, only where the acquisition is made during the period from April 1, 2019 to March 31, 2027, an amount equivalent to one-half of the price of that real property is to be deducted from the price.

⑬With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property, where a small and medium-sized business operator prescribed in Article 10, paragraph (8), item (vi) of the Act on Special Measures Concerning Taxation or a small and medium-sized enterprise prescribed in Article 42-4, paragraph (19), item (vii) of that Act acquires real property specified by Cabinet Order through the taking over of the business prescribed in Article 2, paragraph (10), item (vii) of the Act on Strengthening the Management of Small and Medium-Sized Enterprises, etc. (Act No. 18 of 1999) that it carries out in accordance with the certified management capability improvement plan prescribed in Article 18, paragraph (2) of that Act (limited to a plan in which the taking over of the business prescribed in Article 2, paragraph (10), item (vii) of that Act is stated as a matter listed in Article 17, paragraph (2), item (iii) of that Act), only where the acquisition is made on or before March 31, 2028, an amount equivalent to one-sixth of the price of that real property is to be deducted from the price.

⑮With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of land, where the Japan Railway Construction, Transport and Technology Agency, an incorporated administrative agency, acquires that land through the operations prescribed in Article 7, paragraph (1), item (i) of the Supplementary Provisions of the Act on Treatment of Debt, etc. of JNR Settlement Corporation, only where the acquisition is made on or before March 31, 2027, an amount equivalent to two-thirds of the price of that land is to be deducted from the price.

⑯With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property, where a certified medical institution establisher prescribed in Article 13-6 of the Act on Promotion of Comprehensive Securing of Medical and Long-Term Care in Communities (Act No. 64 of 1989) acquires real property specified by Cabinet Order through a project for the reorganization of medical institutions prescribed in Article 13, paragraph (1) of that Act that is stated in the certified reorganization plan prescribed in Article 13-6 of that Act, only where the acquisition is made on or before March 31, 2028, an amount equivalent to one-half of the price of that real property is to be deducted from the price.

⑰With regard to the calculation of the tax base of real property acquisition tax imposed on the acquisition of real property, where the establisher or administrator of a clinic (meaning a clinic prescribed in Article 1-5, paragraph (2) of the Medical Care Act; the same applies hereinafter in this paragraph) acquires real property specified by Cabinet Order to be used for a clinic in an area specified by Cabinet Order among the areas listed in Article 30-4, paragraph (2), item (xi), (a), (2) of that Act, only where the acquisition is made on or before March 31, 2028, an amount equivalent to one-half of the price of that real property is to be deducted from the price.