Supplementary Provisions, Article 15-9-3Reduction of Fixed Assets Tax on Condominiums Where Large-Scale Repairs, etc. Have Been Carried Out

①For fixed assets tax imposed on the building held in unit ownership pertaining to a condominium for which 20 years or more have elapsed since it was newly built (meaning a condominium prescribed in Article 2, item (i) of the Act on Advancement of Proper Condominium Management (Act No. 149 of 2000) that has exclusively-owned areas, among those used for human habitation, specified by Cabinet Order; the same applies hereinafter in this paragraph) and which is either a condominium pertaining to a manager, etc. who has received advice or guidance under Article 5-2, paragraph (1) of that Act (meaning the manager, etc. of the management association prescribed in that paragraph; the same applies in paragraphs (3) and (4)) or a certified management plan condominium prescribed in Article 5-20, paragraph (1) of that Act that is specified by Cabinet Order, and in which large-scale work specified by Order of the Ministry of Internal Affairs and Communications, including repair or remodeling of the exterior walls of the condominium building, was carried out during the period from April 1, 2023 to March 31, 2027 (limited to the building in which the work was carried out; referred to as a "specified condominium" in this Article), a municipality is to reduce, except where Article 15-9, paragraph (1) of the Supplementary Provisions or paragraph (1) of the preceding Article applies or where the specified condominium has already been subject to the application of this paragraph, only for the fiscal year whose assessment date is January 1 of the year following the year in which the day on which the work was completed falls (if the day on which the work was completed is January 1, that day), an amount equivalent to a ratio, determined by a Municipal Ordinance within the range of not less than one-sixth and not more than one-half, having regard to one-third, of the fixed assets tax amount for the building held in unit ownership pertaining to that specified condominium (being the sum total of the amounts calculated for each unit owner, as provided by Cabinet Order, as the tax amount for the part to which this paragraph applies) from the fixed assets tax amount for the building held in unit ownership pertaining to that specified condominium.

②The preceding paragraph applies only where, within three months from the day on which the work prescribed in that paragraph pertaining to the specified condominium was completed, a return to the effect that that paragraph should apply to the building held in unit ownership pertaining to that specified condominium, with the documents specified by Order of the Ministry of Internal Affairs and Communications attached, has been filed by the person liable for fixed assets tax on the building held in unit ownership pertaining to that specified condominium.

③With regard to a building held in unit ownership pertaining to a specified condominium, even where the return under the preceding paragraph has not been filed, if the manager, etc. has submitted the documents referred to in that paragraph within the period prescribed in that paragraph and the specified condominium is found to satisfy the requirements prescribed in paragraph (1), the mayor of the municipality may apply paragraph (1) notwithstanding the preceding paragraph.

④Where the return is filed by the person liable for tax referred to in paragraph (2) after the period prescribed in that paragraph has elapsed, or where the documents referred to in that paragraph are submitted by the manager, etc. after that period has elapsed, and the mayor of the municipality finds that there were unavoidable grounds for the return or those documents not having been filed or submitted within that period, the mayor may apply paragraph (1) to the building held in unit ownership pertaining to the specified condominium to which that return or those documents pertain.