Supplementary Provisions, Article 7

①Limited to fixed assets tax or city planning tax for fiscal year 2007, a municipality may, in the case where it is unable, by the deadline for delivery of the tax notice under Article 364, paragraph (2) of the New Act, to make the revision or determination of the price, etc. under Article 17-3, paragraph (1) of the Supplementary Provisions of the New Act with respect to fixed assets tax or city planning tax imposed on railway and tramway land (meaning railway and tramway land prescribed in Article 17-3, paragraph (1) of the Supplementary Provisions of the New Act; the same applies hereinafter in this Article), collect the fixed assets tax or city planning tax on that railway and tramway land in each payment period, within the limit of the amount obtained by dividing the amount equivalent to the fixed assets tax amount or city planning tax amount on that railway and tramway land that is provisionally calculated on the basis of the price already determined for that railway and tramway land or the price calculated in accordance with the fixed asset valuation standards under Article 388, paragraph (1) of the Former Act that applied on the day before the Effective Date (where that railway and tramway land is land subject to the application of Article 17-2, paragraph (1) of the Supplementary Provisions of the Former Act, the fixed asset valuation standards under Article 388, paragraph (1) of the Former Act that applied on that day and the revision standards under Article 17-2, paragraph (1) of the Supplementary Provisions of the Former Act; the same applies in paragraph (3), item (i)) (hereinafter in this Article referred to as "provisionally calculated tax") by the number of payment periods of that fiscal year.

②After imposing fixed assets tax or city planning tax pursuant to the provisions of the preceding paragraph, when the mayor of the municipality has calculated the amount of fixed assets tax or city planning tax for fiscal year 2007 on that railway and tramway land (hereinafter in this Article referred to as "final computation"), the mayor must, without delay, notify the taxpayer to that effect. In this case, if the fixed assets tax amount or city planning tax amount already imposed is less than the fixed assets tax amount or city planning tax amount for that fiscal year on that railway and tramway land (hereinafter in this Article referred to as "finally computed tax amount"), the tax deficiency is to be collected in the payment periods on or after the day on which the final computation is made, and if the fixed assets tax amount or city planning tax amount already collected exceeds the finally computed tax amount, the overpaid amount must be refunded, or appropriated to unpaid local government levies of that person liable for tax, in accordance with the rules of Article 17 or Article 17-2 of the New Act.

③When the mayor of the municipality collects fixed assets tax or city planning tax pursuant to the provisions of paragraph (1), the mayor must state the following matters in the tax notice delivered to the taxpayer of that fixed assets tax or city planning tax, or attach a document stating them:

④Where the mayor of the municipality collects fixed assets tax pursuant to the provisions of paragraph (1), the mayor must, in the tax details statement under Article 364, paragraph (3) of the New Act delivered to the taxpayer of that fixed assets tax, state which of the land stated in that tax details statement is the railway and tramway land relating to the fixed assets tax collected pursuant to the provisions of paragraph (1), or attach a document stating so.

⑤In the case of delinquent tax collection procedures for fixed assets tax or city planning tax collected pursuant to the provisions of paragraph (1), realization of property may not be carried out until the day on which the notification under paragraph (2) is made for that railway and tramway land.