Article 743Determination, etc. of the Price, etc. of Large-Scale Depreciable Assets
第七百四十三条（大規模の償却資産の価格等の決定等）
For depreciable assets designated pursuant to the provisions of paragraph (1) or (3) of the preceding Article, the prefectural governor must, in and after the year following the year that includes the day of designation, after conducting a valuation at market value as of January 1 each year, determine the price, etc., and notify the person liable for tax and the mayor of the municipality where the depreciable assets are located of the determined price, etc. and the amount that is to be the tax base of fixed assets tax imposed by the prefecture, by March 31 each year; provided, however, that in the case of a disaster or other special circumstances, the notification may be made on or after April 1.
If the prefectural governor discovers that there is a material error in the price, etc. determined pursuant to the provisions of the preceding paragraph, the governor must immediately correct that price, etc., and notify the person liable for tax and the mayor of the municipality where the depreciable assets are located of the corrected price, etc. and the amount that is to be the tax base of fixed assets tax imposed by the prefecture, without delay.
道府県知事は、前項の規定によつて決定した価格等に重大な錯誤があることを発見した場合においては、直ちに、当該価格等を修正し、遅滞なく、修正した価格等及び道府県が課する固定資産税の課税標準となるべき金額を納税義務者及び当該償却資産の所在地の市町村長に通知しなければならない。
When the prefectural governor has determined the price, etc. of depreciable assets pursuant to the provisions of paragraph (1), the governor must prepare a summary report of the results as provided by Order of the Ministry of Internal Affairs and Communications and send it to the Minister for Internal Affairs and Communications during April each year; provided, however, that where the notification was made on or after April 1 pursuant to the proviso to that paragraph, it must be sent within one month from the date of that notification.
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