Supplementary Provisions, Article 15Transitional Measures concerning Fixed Assets Tax and City Planning Tax Imposed on Change-of-Use Building Land, etc. and Similar Change-of-Use Building Land, etc.

①A municipality may, as provided by Municipal Ordinance, refrain from applying Articles 18-3 and 25-3 of the Supplementary Provisions of the New Act to fixed assets tax and city planning tax for each of fiscal years 2006 through 2008.

②In the case of the preceding paragraph, with respect to fixed assets tax for each fiscal year of fiscal years 2006 through 2008 on building land, etc. listed in Article 18, paragraph (7), items (i) through (iii) of the Supplementary Provisions of the New Act that fall, as of the assessment date for each of those fiscal years, under the building land, etc. listed in the left-hand column of the table in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act (excluding building land, etc. subject to the application of the following paragraph) and that, as of the assessment date for the fiscal year preceding each of those fiscal years, fell under the building land, etc. listed in the right-hand column of that table respectively (hereinafter in this paragraph referred to as "change-of-use building land, etc."), the provisions of Articles 17 and 18 of the Supplementary Provisions of the New Act apply by deeming that the change-of-use building land, etc. was, as of the assessment date for the fiscal year preceding each of those fiscal years, building land, etc. listed in the left-hand column of that table respectively.

③In the case of paragraph (1), with respect to the fixed assets tax for fiscal year 2006 in the case of fiscal 2006 building land, etc., for fiscal year 2007 in the case of fiscal 2007 building land, etc., and for fiscal year 2008 in the case of fiscal 2008 building land, etc. on those, among the building land, etc. listed in Article 18, paragraph (7), item (ii) of the Supplementary Provisions of the New Act that falls, as of the assessment date for fiscal year 2006, under the building land, etc. listed in the left-hand column of the table in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act (hereinafter in this paragraph referred to as "fiscal 2006 building land, etc."), the building land, etc. listed in item (iii) of that paragraph that falls, as of the assessment date for fiscal year 2007, under the building land, etc. listed in the left-hand column of that table (hereinafter in this paragraph referred to as "fiscal 2007 building land, etc."), or the building land, etc. listed in Article 18, paragraph (7), item (iv) of the Supplementary Provisions of the New Act that falls, as of the assessment date for fiscal year 2008, under the building land, etc. listed in the left-hand column of that table (hereinafter in this paragraph referred to as "fiscal 2008 building land, etc."), whose similar land (meaning similar land prescribed in Article 17, item (vii) of the Supplementary Provisions of the New Act; the same applies hereinafter) fell, as of the assessment date for fiscal year 2005 in the case of fiscal 2006 building land, etc., fiscal year 2006 in the case of fiscal 2007 building land, etc., or fiscal year 2007 in the case of fiscal 2008 building land, etc. (hereinafter in this paragraph referred to as "assessment date for the previous fiscal year"), under the building land, etc. listed in the right-hand column of that table respectively, Articles 17 and 18 of the Supplementary Provisions of the New Act apply by deeming that the similar land was, as of the assessment date for the previous fiscal year, building land, etc. listed in the left-hand column of that table respectively.

④In the case of paragraph (1), in the application of Articles 17 and 18 of the Supplementary Provisions of the New Act and the preceding two paragraphs to fixed assets tax for each fiscal year of fiscal years 2006 through 2008 on building land, etc. that has, as of the assessment date for that fiscal year, two or more of the part that is small-scale residential land prescribed in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act (hereinafter in this paragraph referred to as "part that is small-scale residential land"), the part that is general residential land prescribed in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act (hereinafter in this paragraph referred to as "part that is general residential land") and the part that is non-residential building land, etc. prescribed in Article 18-3, paragraph (1) of the Supplementary Provisions of the New Act (hereinafter in this paragraph referred to as "part that is non-residential building land, etc."), each of the part that is small-scale residential land, the part that is general residential land and the part that is non-residential building land, etc. is deemed to be a single piece of building land, etc.

⑤The provisions of the preceding three paragraphs apply mutatis mutandis to city planning tax for each fiscal year of fiscal years 2006 through 2008. In this case, in paragraph (2), the phrase "Article 18, paragraph (7), items (i) through (iii) of the Supplementary Provisions" is deemed to be replaced with "Article 18, paragraph (7), items (i) through (iii) of the Supplementary Provisions of the New Act as replaced pursuant to Article 25, paragraph (7) of the Supplementary Provisions" and the phrase "and 18" is deemed to be replaced with "and 25"; in paragraph (3), the phrase "Article 18, paragraph (7), item (ii) of the Supplementary Provisions" is deemed to be replaced with "Article 18, paragraph (7), item (ii) of the Supplementary Provisions of the New Act as replaced pursuant to Article 25, paragraph (7) of the Supplementary Provisions", the phrase "item (iii) of that paragraph" is deemed to be replaced with "Article 18, paragraph (7), item (iii) of the Supplementary Provisions of the New Act as replaced pursuant to Article 25, paragraph (7) of the Supplementary Provisions of the New Act", and the phrase "and 18" is deemed to be replaced with "and 25"; and in the preceding paragraph, the phrase "and 18" is deemed to be replaced with "and 25".