Supplementary Provisions, Article 29-7Special Provisions on Taxation of Fixed Assets Tax and City Planning Tax Imposed on Farmland in an Urbanization Promotion Area

①The provisions of Article 19-3, Article 19-4, Article 21-2, Article 23 (limited to the portion pertaining to farmland in an urbanization promotion area to which Article 19-3 of the Supplementary Provisions applies), Article 24 (limited to the portion pertaining to farmland in an urbanization promotion area to which Article 19-3 of the Supplementary Provisions applies), Article 27, Article 27-2, Article 27-4-2, Article 27-5 (limited to the portion pertaining to farmland in an urbanization promotion area to which Article 19-3 of the Supplementary Provisions applies), Article 28 (limited to the portion pertaining to farmland in an urbanization promotion area to which Article 19-3 of the Supplementary Provisions applies) and Article 29 through Article 29-5 of the Supplementary Provisions do not apply, for the time being, to farmland in an urbanization promotion area other than farmland in an urbanization promotion area that, on the assessment date for each fiscal year from fiscal 1994 onward, is located within the area of the Tokyo Metropolis (limited to the area where special wards exist), within the area of a designated city located within the National Capital Region prescribed in Article 2, paragraph (1) of the Metropolitan Area Readjustment Act, the Kinki Region prescribed in Article 2, paragraph (1) of the Kinki Area Adjustment Act or the Chubu Region prescribed in Article 2, paragraph (1) of the Chubu Area Development and Improvement Act, or within the area of any other city whose area is wholly or partly within the existing urban area prescribed in Article 2, paragraph (3) of the Metropolitan Area Readjustment Act or the suburban development zone prescribed in paragraph (4) of that Article, the built-up city area prescribed in Article 2, paragraph (3) of the Kinki Area Adjustment Act or the suburban development area prescribed in paragraph (4) of that Article, or the urban development area prescribed in Article 2, paragraph (3) of the Chubu Area Development and Improvement Act.

②The amount of fixed assets tax on farmland in an urbanization promotion area to which the provisions of the preceding paragraph apply is the amount of tax in the case where one-third of the price that is to be the tax base of fixed assets tax on that farmland in an urbanization promotion area is taken as the amount that is to be the tax base.

③The amount of city planning tax on farmland in an urbanization promotion area to which the provisions of paragraph (1) apply is the amount of tax in the case where two-thirds of the price that is to be the tax base of fixed assets tax on that farmland in an urbanization promotion area is taken as the amount that is to be the tax base.

④With regard to the application of Article 19, Article 23, Article 26, Article 27-5 and Article 28 of the Supplementary Provisions to farmland in an urbanization promotion area to which the provisions of the preceding two paragraphs apply, the phrase "the fixed assets tax amount for that fiscal year for that farmland" in Article 19, paragraph (1) of the Supplementary Provisions is deemed to be replaced with "the fixed assets tax amount for that fiscal year for that farmland as calculated pursuant to Article 29-7, paragraph (2) of the Supplementary Provisions"; in Article 23 of the Supplementary Provisions, the phrase "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" is deemed to be replaced with "farmland in an urbanization promotion area to which Article 29-7, paragraph (2) of the Supplementary Provisions applies (excluding farmland in an urbanization promotion area to which Article 19, paragraph (1) of the Supplementary Provisions as applied with terms replaced pursuant to Article 29-7, paragraph (4) of the Supplementary Provisions", and the phrase "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" is deemed to be replaced with "for farmland in an urbanization promotion area to which Article 29-7, paragraph (2) of the Supplementary Provisions applies, the amount that is to be the tax base for that fiscal year prescribed in that paragraph"; the phrase "the city planning tax amount for that fiscal year on that farmland" in Article 26, paragraph (1) of the Supplementary Provisions is deemed to be replaced with "the city planning tax amount for that fiscal year on that farmland as calculated pursuant to Article 29-7, paragraph (3) of the Supplementary Provisions"; in Article 27-5, paragraph (2) of the Supplementary Provisions, the phrase "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" is deemed to be replaced with "farmland in an urbanization promotion area to which Article 29-7, paragraph (2) of the Supplementary Provisions applies (excluding farmland in an urbanization promotion area to which Article 19, paragraph (1) of the Supplementary Provisions as applied with terms replaced pursuant to Article 29-7, paragraph (4) of the Supplementary Provisions", and the phrase "Article 19-3, paragraph (1) of the Supplementary Provisions" is deemed to be replaced with "Article 29-7, paragraph (2) of the Supplementary Provisions"; and in Article 28, paragraph (3) of the Supplementary Provisions, the phrase "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" is deemed to be replaced with "farmland in an urbanization promotion area to which Article 29-7, paragraph (2) of the Supplementary Provisions applies (excluding farmland in an urbanization promotion area to which Article 19, paragraph (1) of the Supplementary Provisions as applied with terms replaced pursuant to Article 29-7, paragraph (4) of the Supplementary Provisions", and the phrase "Article 19-3, paragraph (1) of the Supplementary Provisions" is deemed to be replaced with "Article 29-7, paragraph (2) of the Supplementary Provisions".

⑤Matters necessary for the application of the provisions of Article 19-3, Article 19-4, Article 27, Article 27-2 and Article 29-5 of the Supplementary Provisions to the calculation of the amount of fixed assets tax and city planning tax imposed on farmland in an urbanization promotion area to which the provisions of paragraph (1) have applied, where that farmland in an urbanization promotion area has come not to be subject to the provisions of that paragraph on the assessment date for each fiscal year from fiscal 1995 onward, are specified by Cabinet Order.

⑥The provisions of Article 29-2 and Article 29-3 of the Supplementary Provisions apply mutatis mutandis where farmland in an urbanization promotion area to which the provisions of paragraph (1) did not apply on the assessment date for the relevant fiscal year comes to satisfy, during the period from the day following that date until the last day of that year, the requirements for being subject to the provisions of that paragraph.