Supplementary Provisions, Article 23Special Provisions on Application of the Tax-Exemption Threshold and on Statements in Tax Notices

Solely for fixed assets tax for each fiscal year on land to which Article 18, Article 19, paragraph (1) or Article 19-4 of the Supplementary Provisions applies or on farmland in an urbanization promotion area to which Article 19-3 of the Supplementary Provisions applies (excluding farmland in an urbanization promotion area to which Article 19-4 of the Supplementary Provisions applies; the same applies hereinafter in this Article), the amount that is to be the tax base of fixed assets tax prescribed in Article 351 and the value of land prescribed in Article 364, paragraph (2) are to be, for building land, etc. to which Article 18 of the Supplementary Provisions applies (hereinafter referred to as "building land, etc. subject to adjustment"), farmland to which Article 19, paragraph (1) of the Supplementary Provisions applies (hereinafter referred to as "farmland subject to adjustment") or farmland in an urbanization promotion area to which Article 19-4 of the Supplementary Provisions applies (hereinafter referred to as "farmland in an urbanization promotion area subject to adjustment"), the amount that is to be the tax base of fixed assets tax for the relevant fiscal year prescribed in those provisions, and for farmland in an urbanization promotion area to which Article 19-3 of the Supplementary Provisions applies, the amount that is to be the tax base for that fiscal year prescribed in paragraph (1) of that Article (including as applied mutatis mutandis in paragraph (3) of that Article).