With regard to land, etc. (meaning land, etc. prescribed in Article 2, item (i) of the Land-holding Tax Act; the same applies hereinafter in this Chapter) held by an individual or a corporation (including an association or foundation without juridical personality prescribed in item (vii) of that Article) as of the taxation date (meaning the taxation date prescribed in item (iv) of that Article; the same applies hereinafter in this Chapter) of each year from 1998 onward, land value tax is not imposed for the time being, notwithstanding the provisions of that Act.

With regard to land, etc. (limited to land, etc. acquired from the former JNR Settlement Corporation or the Japan Railway Construction, Transport and Technology Agency) held by a corporation specified by Cabinet Order, being a corporation established by the JNR Settlement Corporation prior to its dissolution under the provisions of Article 2 of the Supplementary Provisions of the Act on Treatment of Debt, etc. of JNR Settlement Corporation (Act No. 136 of 1998) (referred to as the "former JNR Settlement Corporation" in this Article) in order to ensure the fair and appropriate implementation of the disposal of land that it carried out as its business under Article 26, paragraph (1), item (ii) of the JNR Settlement Corporation Act (Act No. 90 of 1986) prior to its repeal under the provisions of Article 9 of the Supplementary Provisions of that Act, or a corporation established by the Japan Railway Construction, Transport and Technology Agency in order to ensure the fair and appropriate implementation of the disposal of land that it carries out as its business under Article 13, paragraph (1), item (ii) of the Act on Treatment of Debt, etc. of JNR Settlement Corporation, the provisions of the Land-holding Tax Act apply by deeming that land, etc. to be held by the Japan Railway Construction, Transport and Technology Agency, for as long as the Japan Railway Construction, Transport and Technology Agency holds all of the total number of issued shares or the total amount of capital contributions of that corporation.

①Land value tax is not imposed on land, etc. used for a building prescribed in Article 2, item (ix) of the Land-holding Tax Act that is used, as of the taxation date, as a national facility, etc. (meaning a facility specified by Order of the Ministry of Finance that the national government or a local government places with particular consideration for the convenience of the public) (or, in the case where part of that building is also used for purposes other than that national facility, etc., the part specified by Cabinet Order as the part corresponding to that national facility, etc.).

②With regard to the application of the provisions of Chapter II of the Land-holding Tax Act in the case where the provisions of the preceding paragraph apply, the phrase "through Article 8" in Article 16 of that Act is deemed to be replaced with "through Article 8 and Article 71-3, paragraph (1) (Tax Exemption for Land, etc. Where a Building Is Used as a National Facility, etc.) of the Act on Special Measures Concerning Taxation (Act No. 26 of 1957)".

①Land value tax is not imposed on a business cooperative, a small business cooperative or a federation of cooperatives whose members are only those cooperatives (referred to as a "business cooperative, etc." in this paragraph) with regard to land, etc. that it holds as of the taxation date and that satisfies any of the following requirements (excluding land, etc. for which the repayment of the funds relating to the loan prescribed in item (i) or the installment payments prescribed in that item or item (ii) have been completed), and that is specified by Order of the Ministry of Finance as land, etc. scheduled to be transferred to the members or affiliated members of that business cooperative, etc. (referred to as "land for consolidation projects, etc." in the following paragraph):

②Land value tax is not imposed on land, etc. on which a land lease right, etc. prescribed in Article 2, item (ii) of the Land-holding Tax Act (excluding a superficies right under Article 269-2, paragraph (1) of the Civil Code and other rights specified by Cabinet Order; referred to as a "land lease right, etc." hereinafter in this Chapter) has been created as of the taxation date in order to make it land for consolidation projects, etc. to which the provisions of the preceding paragraph apply.

③With regard to the application of the provisions of Chapter II of the Land-holding Tax Act in the case where the provisions of the preceding two paragraphs apply, the phrase "through Article 8" in Article 16 of that Act is deemed to be replaced with "through Article 8, and Article 71-4, paragraphs (1) and (2) (Tax Exemption for Land, etc. Held by Business Cooperatives, etc. for the Consolidation, etc. of Small and Medium-Sized Enterprises) of the Act on Special Measures Concerning Taxation".

①Land value tax is not imposed on land, etc. used, as of the taxation date, for an urban planning parking lot (meaning a parking lot listed in Article 11, paragraph (1), item (i) of the City Planning Act that is specified in a city plan prescribed in Article 4, paragraph (1) of that Act) that falls under an off-street parking lot prescribed in Article 2, item (ii) of the Parking Lot Act (limited to one specified by Cabinet Order; referred to as a "specified urban planning parking lot" hereinafter in this Article) (excluding, in the case where that land, etc. is also used for purposes other than the specified urban planning parking lot, the part of that land, etc. specified by Cabinet Order as the part used for purposes other than that specified urban planning parking lot, and limited, in the case where the building used as that specified urban planning parking lot is leased, to land, etc. used for a building specified by Cabinet Order that is used exclusively as that specified urban planning parking lot).

②With regard to the application of the provisions of Chapter II of the Land-holding Tax Act in the case where the provisions of the preceding paragraph apply, the phrase "through Article 8" in Article 16 of that Act is deemed to be replaced with "through Article 8 and Article 71-5, paragraph (1) (Tax Exemption for Land, etc. Used for Specified Urban Planning Parking Lots) of the Act on Special Measures Concerning Taxation".

①Land value tax is not imposed on the Organization for Promoting Urban Development prescribed in Article 3, paragraph (1) of the Act on Special Measures Concerning the Promotion of Urban Development by Private Sectors (limited to one that is an incorporated public interest association or an incorporated public interest foundation) with regard to land, etc. that it holds as of the taxation date (limited to land, etc. that the Organization for Promoting Urban Development acquired during the period from January 1, 1996 to March 31, 1999 as prospective project land prescribed in Article 14, paragraph (2), item (i) of the Supplementary Provisions of that Act and for which the period from the day of its acquisition to that taxation date does not exceed 10 years, and other land, etc. specified by Cabinet Order).

②With regard to the application of the provisions of Chapter II of the Land-holding Tax Act in the case where the provisions of the preceding paragraph apply, the phrase "through Article 8" in Article 16 of that Act is deemed to be replaced with "through Article 8 and Article 71-6, paragraph (1) (Tax Exemption for Land, etc. Held by the Organization for Promoting Urban Development) of the Act on Special Measures Concerning Taxation".

①With regard to land, etc. relating to a project listed below for the development of a single tract of housing land that is carried out within a city planning area prescribed in Article 4, paragraph (2) of the City Planning Act (referred to as a "city planning area" in this paragraph and the following paragraph) mainly for the purpose of use for housing construction (limited to a project for which it has been certified, pursuant to the provisions of Cabinet Order, that the development of that housing land contributes to the supply of superior housing land and that the supply of that housing land is carried out through the sale of land, etc. in lots or the creation of a land lease right prescribed in Article 2, item (i) of the Act on Land and Building Leases (Act No. 90 of 1991) to which the provisions of Article 22, paragraph (1) of that Act apply (referred to as a "fixed-term land lease right" hereinafter in this Article)), which is held as of the taxation date by a person specified by Cabinet Order as a person who implements that project (referred to as a "superior housing land developer" in this paragraph and paragraph (3)) (or, in the case where the housing land to be developed includes housing land to be sold in lots to persons from whom land, etc. was purchased for use in that project and other housing land specified by Cabinet Order (referred to as "priority sale housing lots, etc." in this paragraph), excluding the part specified by Cabinet Order as the part corresponding to those priority sale housing lots, etc.; referred to as "planned supply land" in this paragraph and paragraph (3)), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Article 71-2 through the preceding Article, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act for that superior housing land developer is the amount equivalent to one-fifth of the value of the land, etc. that is that planned supply land:

②With regard to land, etc. relating to a project listed below for the construction of housing that is carried out within a city planning area (limited to a project for which it has been certified, pursuant to the provisions of Cabinet Order, that the construction of that housing contributes to the supply of superior housing and that the supply of the land to be used for that housing is carried out through the sale of land, etc. in lots or the creation of a fixed-term land lease right), which is held as of the taxation date by a person who implements that project (referred to as a "superior housing construction business operator" in this paragraph and the following paragraph) (or, in the case where the housing to be constructed includes housing to be sold in lots to persons from whom land, etc. was purchased for use in that project and other persons specified by Cabinet Order (referred to as "priority sale housing" in this paragraph), excluding the part specified by Cabinet Order as the part used for that priority sale housing; referred to as "land planned for housing for sale" in this paragraph and the following paragraph), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Article 71-2 through the preceding Article, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act for that superior housing construction business operator is the amount equivalent to one-fifth of the value of the land, etc. that is that land planned for housing for sale:

③With regard to land, etc. on which a land lease right, etc. has been created, as of the taxation date, by a superior housing land developer or a superior housing construction business operator in order to make it planned supply land or land planned for housing for sale to which the provisions of the preceding two paragraphs apply (excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Article 71-2 through the preceding Article), the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to one-fifth of the value of that land, etc.

④With regard to the application of the provisions of the Land-holding Tax Act in the case where the provisions of the preceding three paragraphs apply, the phrase "the preceding Article" in Article 18, paragraph (1), item (ii) of that Act and the phrase "Article 17" in Article 29 of that Act are deemed to be replaced with "Article 71-7, paragraphs (1) through (3) (Special Provisions on Calculation of Taxable Value for Planned Supply Land, etc. Relating to Superior Housing Land Development Projects, etc.) of the Act on Special Measures Concerning Taxation", the phrase "one half" in those provisions is deemed to be replaced with "one-fifth", and the phrase "Article 17" in Article 33 of that Act is deemed to be replaced with "Article 17 and Article 71-7, paragraphs (1) through (3) (Special Provisions on Calculation of Taxable Value for Planned Supply Land, etc. Relating to Superior Housing Land Development Projects, etc.) of the Act on Special Measures Concerning Taxation".

⑤The provisions of paragraphs (1) through (3) apply only in the case where the return under the provisions of Article 25, paragraph (1) of the Land-holding Tax Act relating to the taxation date for which the application of those provisions is sought (including a return filed after the due date prescribed in Article 18, paragraph (2) of the Act on General Rules for National Taxes relating to that return and an amended return prescribed in Article 19, paragraph (3) of that Act relating to those returns; referred to as a "land value tax return" in the following paragraph and Article 71-17, paragraphs (2) and (3)) contains a statement that the application of the provisions of paragraphs (1) through (3) is sought, and documents specified by Order of the Ministry of Finance as documents certifying that any of those provisions applies are attached to that return.

⑥Even in the case where no land value tax return has been filed or a land value tax return without the statement or attachment referred to in the preceding paragraph has been filed, if the district director finds that there were unavoidable circumstances for the failure to file it or the absence of that statement or attachment, the district director may apply the provisions of paragraphs (1) through (3) only in the case where a document containing that statement and the documents specified by Order of the Ministry of Finance referred to in that paragraph have been submitted.

①With regard to land, etc. held as of the taxation date by a passenger railway company prescribed in Article 1, paragraph (1) of the Act on Passenger Railway Companies and Japan Freight Railway Company (Act No. 88 of 1986) (referred to as a "passenger railway company" in this paragraph and the following paragraph) (excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of the preceding Article; the same applies in this paragraph and the following paragraph), the value to be included in the taxable value of land value tax prescribed in Article 16 of the Land-holding Tax Act for that passenger railway company relating to the taxation date of each year from 1992 to 2001 is the amount equivalent to one half of the value of that land, etc.

②With regard to land, etc. that falls under any of the following items as of the taxation date, the value to be included in the taxable value of land value tax prescribed in Article 16 of the Land-holding Tax Act relating to the taxation date of each year from 1992 to 2001 is the amount equivalent to one half of the value of that land, etc.:

③With regard to the application of the provisions of the Land-holding Tax Act in the case where the provisions of the preceding two paragraphs apply, the phrase "the preceding Article" in Article 18, paragraph (1), item (ii) of that Act and the phrase "Article 17" in Article 29 of that Act are deemed to be replaced with "Article 71-8, paragraph (1) or (2) (Special Provisions on Calculation of Taxable Value for Land, etc. Held by Passenger Railway Companies) of the Act on Special Measures Concerning Taxation", and the phrase "Article 17" in Article 33 of that Act is deemed to be replaced with "Article 17 and Article 71-8, paragraph (1) or (2) (Special Provisions on Calculation of Taxable Value for Land, etc. Held by Passenger Railway Companies) of the Act on Special Measures Concerning Taxation".

④The provisions of paragraphs (5) and (6) of the preceding Article apply mutatis mutandis where the provisions of paragraph (2) are applied.

①With regard to land, etc. used for a factory or other business establishment employing persons with a disability for which, as of the taxation date, the ratio of employees with disabilities is 25 percent or more and the number of employees with disabilities is the number specified by Cabinet Order or more (excluding, in the case where that land, etc. is also used for purposes other than that business establishment, the part of that land, etc. specified by Cabinet Order as the part used for purposes other than that business establishment, and limited, in the case where the buildings, etc. used as that business establishment are leased, to land, etc. used for buildings, etc. specified by Cabinet Order that are used exclusively as that business establishment), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 71-7, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to one half of the value of that land, etc.

②In this Article, the meanings of the terms listed in the following items are as prescribed respectively in those items:

③The provisions of paragraph (3) of the preceding Article apply mutatis mutandis in the case where the provisions of paragraph (1) apply. In this case, the phrase "Article 71-8, paragraph (1) or (2) (Special Provisions on Calculation of Taxable Value for Land, etc. Held by Passenger Railway Companies) of the Act on Special Measures Concerning Taxation" in paragraph (3) of that Article is deemed to be replaced with "Article 71-9, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Business Establishments Employing Persons with Disabilities) of the Act on Special Measures Concerning Taxation".

④The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to land, etc. used, as of the taxation date, for a market specified by Cabinet Order that is opened for the wholesale of timber (referred to as a "timber market" in this paragraph) or for a timber storage place of a person engaged in the business of sawing or other processing of timber or a person engaged in the business of the wholesale of timber who is specified by Cabinet Order as a person contributing to the stabilization of the supply and demand and the price of timber through transactions in a timber market (referred to as a "timber market, etc." in this paragraph) (excluding, in the case where that land, etc. is also used for purposes other than the timber market, etc., the part of that land, etc. specified by Cabinet Order as the part used for purposes other than that timber market, etc., and limited, in the case where the buildings, etc. used as that timber market, etc. are leased, to land, etc. used for buildings, etc. specified by Cabinet Order that are used exclusively as that timber market, etc.), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 71-7, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to one half of the value of that land, etc.

②The provisions of Article 71-8, paragraph (3) apply mutatis mutandis in the case where the provisions of the preceding paragraph apply. In this case, the phrase "Article 71-8, paragraph (1) or (2) (Special Provisions on Calculation of Taxable Value for Land, etc. Held by Passenger Railway Companies) of the Act on Special Measures Concerning Taxation" in paragraph (3) of that Article is deemed to be replaced with "Article 71-10, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Timber Markets, etc.) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to the part specified by Cabinet Order as the part used for a vestibule or balcony of a special evacuation stairway (meaning a stairway specified by Cabinet Order as a stairway having a special structure for evacuation) installed in a building specified by Cabinet Order to which the provisions of Article 35 of the Building Standards Act apply, out of land, etc. used for that building as of the taxation date, excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 71-7, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to one half of the value of that land, etc.

②The provisions of Article 71-8, paragraph (3) apply mutatis mutandis in the case where the provisions of the preceding paragraph apply. In this case, the phrase "Article 71-8, paragraph (1) or (2) (Special Provisions on Calculation of Taxable Value for Land, etc. Held by Passenger Railway Companies) of the Act on Special Measures Concerning Taxation" in paragraph (3) of that Article is deemed to be replaced with "Article 71-11, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Vestibules, etc. of Special Evacuation Stairways) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to land, etc. used, as of the taxation date, for an off-street parking lot prescribed in Article 2, item (ii) of the Parking Lot Act (limited to one specified by Cabinet Order out of those that fall under a parking lot relating to a notification under the provisions of Article 12 of that Act) that is a parking facility prescribed in Article 20, paragraph (1) or (2) or Article 20-2, paragraph (1) of that Act that has been installed as prescribed by a Prefectural or Municipal Ordinance based on those provisions (limited to the part specified by Cabinet Order as the part necessary to conform to the standards set by that Prefectural or Municipal Ordinance) (referred to as a "specified mandatory attached parking facility" in this paragraph) (excluding, in the case where that land, etc. is also used for purposes other than the specified mandatory attached parking facility, the part of that land, etc. specified by Cabinet Order as the part used for purposes other than that specified mandatory attached parking facility), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 71-7, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to one half of the value of that land, etc.

②The provisions of Article 71-8, paragraph (3) apply mutatis mutandis in the case where the provisions of the preceding paragraph apply. In this case, the phrase "Article 71-8, paragraph (1) or (2) (Special Provisions on Calculation of Taxable Value for Land, etc. Held by Passenger Railway Companies) of the Act on Special Measures Concerning Taxation" in paragraph (3) of that Article is deemed to be replaced with "Article 71-12, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Specified Mandatory Attached Parking Facilities) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to land, etc. used, as of the taxation date, for environmental facilities prescribed in Article 4, paragraph (1), item (i) of the Factory Location Act (Act No. 24 of 1959) (excluding land, etc. that falls under the land, etc. listed in item (i) of Appended Table 2 of the Land-holding Tax Act), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 17 of that Act and the provisions of Article 71-7 through the preceding Article, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to two-thirds of the value of that land, etc.

②With regard to the application of the provisions of the Land-holding Tax Act in the case where the provisions of the preceding paragraph apply, the phrase "the preceding Article" in Article 18, paragraph (1), item (ii) of that Act and the phrase "Article 17" in Article 29 of that Act are deemed to be replaced with "Article 71-13, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Environmental Facilities) of the Act on Special Measures Concerning Taxation", the phrase "one half" in those provisions is deemed to be replaced with "two-thirds", and the phrase "Article 17" in Article 33 of that Act is deemed to be replaced with "Article 17 and Article 71-13, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Environmental Facilities) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to land, etc. that falls under any of the following items as of the taxation date, excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 17 of that Act and the provisions of Articles 71-7 through 71-12, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to two-thirds of the value of that land, etc.:

②The provisions of paragraph (2) of the preceding Article apply mutatis mutandis in the case where the provisions of the preceding paragraph apply. In this case, the phrase "Article 71-13, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Environmental Facilities) of the Act on Special Measures Concerning Taxation" in paragraph (2) of that Article is deemed to be replaced with "Article 71-14, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Relating to Public Open Spaces, etc.) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to land, etc. that falls under land, etc. relating to the part (referred to as "specified district facilities, etc. under a district plan" in this paragraph), out of land, etc. used, as of the taxation date, for district facilities prescribed in Article 12-5, paragraph (2), item (i) of the City Planning Act or other facilities specified by Cabinet Order located within the area of a district plan listed in Article 12-4, paragraph (1), item (i) of that Act that is specified in a city plan prescribed in Article 4, paragraph (1) of that Act (limited to the area of a district development plan listed in Article 12-5, paragraph (2), item (i) of that Act (limited to one specified by Cabinet Order), where that district development plan has been established), on which walls of buildings or other things specified by Cabinet Order may not be constructed in violation of a restriction on the position of walls prescribed in paragraph (7), item (ii) of that Article that is set in that district development plan and that has been established as a restriction under Article 68-2, paragraph (1) of the Building Standards Act by a Prefectural or Municipal Ordinance based on the provisions of that paragraph (excluding, in the case where that land, etc. is also used for purposes other than the specified district facilities, etc. under a district plan, the part of that land, etc. specified by Cabinet Order as the part used for purposes other than those specified district facilities, etc. under a district plan), excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 17 of that Act and the provisions of Articles 71-7 through 71-12, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to two-thirds of the value of that land, etc.

②The provisions of Article 71-13, paragraph (2) apply mutatis mutandis in the case where the provisions of the preceding paragraph apply. In this case, the phrase "Article 71-13, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Environmental Facilities) of the Act on Special Measures Concerning Taxation" in paragraph (2) of that Article is deemed to be replaced with "Article 71-15, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Specified District Facilities, etc.) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to land, etc. specified by Cabinet Order as land, etc. used exclusively for specified broadcasting facilities (meaning radio equipment prescribed in Article 2, item (iv) of the Radio Act (Act No. 131 of 1950) that is specified by Cabinet Order and relates to a broadcasting station prescribed in Article 2, item (xx) of the Broadcasting Act held by a basic broadcaster prescribed in Article 2, item (xxiii) of the Broadcasting Act (Act No. 132 of 1950) (excluding the Japan Broadcasting Corporation and The Open University of Japan prescribed in Article 3 of the Act on the Open University of Japan (Act No. 156 of 2002)) or by a basic broadcasting station provider prescribed in Article 2, item (xxiv) of the Broadcasting Act), out of land, etc. used for those specified broadcasting facilities as of the taxation date, excluding land, etc. that is exempt from land value tax under the provisions of Articles 6 through 8 and Article 3, paragraph (2) of the Supplementary Provisions of the Land-holding Tax Act and the provisions of Articles 71-2 through 71-6, and land, etc. that falls under the provisions of Article 17 of that Act and the provisions of Articles 71-7 through 71-12, the value to be included in the taxable value of land value tax prescribed in Article 16 of that Act is the amount equivalent to two-thirds of the value of that land, etc.

②The provisions of Article 71-13, paragraph (2) apply mutatis mutandis in the case where the provisions of the preceding paragraph apply. In this case, the phrase "Article 71-13, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Environmental Facilities) of the Act on Special Measures Concerning Taxation" in paragraph (2) of that Article is deemed to be replaced with "Article 71-16, paragraph (1) (Special Provisions on Calculation of Taxable Value for Land, etc. Used for Specified Broadcasting Facilities) of the Act on Special Measures Concerning Taxation".

③The provisions of Article 71-7, paragraphs (5) and (6) apply mutatis mutandis where the provisions of paragraph (1) are applied.

①With regard to an agricultural cooperative, forestry cooperative or fishery cooperative that is the merging corporation prescribed in Article 2, item (xii) of the Corporation Tax Act in a merger carried out upon receiving the certification of a merger management plan or a merger and business management plan prescribed in the provisions of Article 2, paragraph (1) or paragraph (2) of the Supplementary Provisions of the Act on Promotion of Merger of Agricultural Cooperatives (Act No. 48 of 1961), Article 2 of the Act on Promotion of Merger of Forestry Cooperatives (Act No. 56 of 1963), or Article 2 or paragraph (2) of the Supplementary Provisions of the Act on Promotion of Merger of Fishery Cooperatives (Act No. 78 of 1967), pursuant to those provisions (hereinafter referred to as an "agricultural cooperative, etc." in this paragraph), the amount of basic deduction prescribed in Article 18, paragraph (2) of the Land-holding Tax Act for the land value tax relating to the taxation date in each year from 1992 onward that falls within the period from the date of the merger to the day on which five years have elapsed from that date may, at the choice of that agricultural cooperative, etc., be the total of the lesser of the amounts listed in the following items, as calculated for each of the agricultural cooperatives, etc. before the merger relating to that merger on the assumption that the merger had not taken place:

②The provisions of the preceding paragraph apply only in the case where the land value tax return relating to the taxation date for which the application of the provisions of that paragraph is sought contains a statement to the effect that the application of the provisions of that paragraph is sought, and a document stating details of the land, etc. held immediately before the merger referred to in item (ii) of that paragraph and other matters, and any other documents specified by Order of the Ministry of Finance, are attached to that return.

③Even in the case where no land value tax return has been submitted, or in the case where a land value tax return without the statement or attachment referred to in the preceding paragraph has been submitted, if the district director finds that there were unavoidable circumstances for the failure to submit the return or to include the statement or attachment, the district director may apply the provisions of paragraph (1), but only in the case where a document containing that statement and the documents specified by Order of the Ministry of Finance referred to in that paragraph have been submitted.