What is property tax?

Property tax is a tax amount calculated according to the asset value of land, houses, and depreciable assets (these are collectively referred to as "fixed assets"), and the owner pays to the municipality where the fixed assets are located. Tax.

Assets subject to property tax are as follows.

• Land: Fields, fields, residential land, mineral springs, ponds, forests, pastures, wilderness, and other land
• Houses… Houses, shops, factories, warehouses, offices, and other buildings
• Depreciable assets: Business assets other than land and houses, such as structures, machines, equipment, ships, aircraft, vehicles, vehicles, tools, fixtures, fixtures, etc., that are subject to depreciation under corporate tax or income tax (automobile tax・Excluding those subject to light vehicle tax)

On January 1st of each year (called the “levy date”), people who own fixed assets in Inagi City are taxed. Specifically:

• Land: A person who is registered as the owner in the land register or a person who is registered in the land supplement tax ledger
• House: A person who is registered as the owner in the registry, or a person who is registered in the house replenishment tax ledger
• Depreciable assets: Person registered as the owner in the depreciable asset tax ledger

The price of a fixed asset is the value evaluated according to the "fixed asset evaluation standards" established by the government, etc., and is registered in the fixed asset tax ledger after the mayor of the municipality determines the price, etc.

All land and houses are revalued every three years. This year is called the base year, and 2021 is the base year. The price determined in the base year is, in principle, left unchanged for three years over the second year, the following year, and the third year, the year after next.
However, for houses that have undergone new construction or extension/renovation after revaluation, land that has changed its current use or parcels, land that has changed in shape or quality, land that has fallen in price and it is not appropriate to keep the price unchanged, etc. Even in the second or third year, there will be a new evaluation and a new price determination.

Depreciable assets are valued annually based on declarations. The valuation method is based on fixed asset valuation standards, taking into account the decrease in value (depreciation) according to the number of years that have passed since the acquisition based on the acquisition price. The depreciation method is basically the same as the old declining balance method used for national taxes.

As a general rule, the tax base amount is the price (assessed value) of the fixed assets.

However, in the case of fixed assets that are subject to special exceptions to the tax base, the special rate (1/6 for small residential land (Note 1), general residential land (Note 2) and urbanized areas) In the case of agricultural land, the amount multiplied by 1/3, etc.) will be the standard taxable amount.

In addition, regarding the standard taxable amount of land, if it is taxed at a level less than the standard taxable amount (assessment value x special rate) derived from the original price, it will be based on the burden level (Note 3) , From 2014 onwards, the taxable base amount will be calculated by applying the burden adjustment measures according to (1) to (4) below.

(Note 1) Small-scale residential land = Land of 200 square meters or less per dwelling unit on residential site (Note 2) General residential land = Residential site exceeding 200 square meters per dwelling unit, 10 of the total floor area of ​​the house Land up to double (Note 3) Burden level = previous year's (comparative) tax base amount divided by current year's appraisal value x special rate (main tax base amount) (unit = %)

• Burden level… When 100% or more

The tax base amount for the current year is the assessed value for the current year x special rate (main tax base amount)

• Burden level… When less than 100%

The taxable base amount for the current year is the previous year's taxable base amount + (main taxable base amount x 5%) …[a]
however,
If the taxable base amount for the current fiscal year obtained in [a] exceeds 100% of the main taxable base amount If the taxable base amount for the current fiscal year obtained in [a] is less than 20% of the main taxable base amount 20% equivalent to

• Burden level: When over 70%

The tax base amount for the current fiscal year is the appraisal value for the current fiscal year x 70%.

• Burden level: 60% or more and 70% or less

The tax base amount for the current year is the tax base amount for the previous year (unchanged)

• Burden level… When less than 60%

The tax base amount for the current year is the tax base amount for the previous year + (appraisal value for the current year x 5%) …[b]
however,
If the taxable base amount for the current fiscal year obtained in [b] exceeds 60% of the assessed value for the current fiscal year, the amount equivalent to 60%. 20% equivalent to

• Burden level… When 100% or more

The tax base amount for the current year is the assessed value for the current year x special rate (main tax base amount)

• Burden level… When less than 100%

The taxable base amount for the current year is the previous year's taxable base amount + (main taxable base amount x 5%) …[c]
however,
If the tax base amount for the current fiscal year obtained in [c] exceeds 100% of the main tax base amount If the tax base amount for the current fiscal year obtained in [c] is less than 20% of the main tax base amount 20% equivalent to

The tax base amount for the current fiscal year is calculated by multiplying the previous year's tax base amount by the burden adjustment rate according to the following burden level categories, with the current year's assessed value as the upper limit.

• When the burden level is 90% or more: 1.025
• When the burden level is 80% or more and less than 90%: 1.05
• When the burden level is 70% or more and less than 80%: 1.075
• When the burden level is less than 70% … 1.1

Please also check this document.

In the fiscal 2012 tax system revision, in the burden adjustment measures for small residential land, general residential land, and agricultural land in urbanized areas, the exception of leaving the tax base amount unchanged from the previous year when the burden level is 80% or more was abolished. rice field. However, if the burden level is 90% or more, the exception will continue only until FY2013, and the exception will be abolished in FY2014.
About contents, please confirm page about "2012 tax system revision (revision of burden adjustment measures in residential land)".

Inagi City's property tax rate is the standard rate of 1.4% .

The total tax base amount (rounded down to the nearest 1,000 yen) x tax rate (1.4%) will be the tax amount (rounded down to the nearest 100 yen).

If the total tax base amount for each land, house, and depreciable property owned by the same person in Inagi City is less than the following amounts, the property tax for that property will not be levied.

• Land: 300,000 yen
• House... 200,000 yen
• Depreciable assets... 1.5 million yen