Fixed Asset Tax (Koteishisanzei)
Paying fixed asset taxes
Anyone who owns land, personal buildings, and/or depreciable property as of January 1st is required to pay fixed asset taxes (koteishisanzei). Below is a list of the types of property that are classified as fixed assets:
Land: rice fields, farm fields, residential land, mountain/forest area, pond/lake, farms, wild fields, etc.
Personal buildings: Houses, shops, factories, storage, offices, etc.
Depreciable property: Land or other facilities for commercial use
Additionally, the following properties are exempt from taxes:
Land with a value of less than \300,000
Personal buildings with a value of less than \200,000
Depreciable property with a value of less than \1,500,000
Taxes are calculated using the following formula:
Taxable value (of land, houses, depreciable property) × tax rate (1.4/100) = Fixed asset tax
Every April, the tax book is available to the public for inspection. Details for the dates of its inspection will be published ahead of time in the city newsletter, the Koho Kamogawa.
※ There is a refund system for advance full payments.
Land: rice fields, farm fields, residential land, mountain/forest area, pond/lake, farms, wild fields, etc.
Personal buildings: Houses, shops, factories, storage, offices, etc.
Depreciable property: Land or other facilities for commercial use
Additionally, the following properties are exempt from taxes:
Land with a value of less than \300,000
Personal buildings with a value of less than \200,000
Depreciable property with a value of less than \1,500,000
Taxes are calculated using the following formula:
Taxable value (of land, houses, depreciable property) × tax rate (1.4/100) = Fixed asset tax
Every April, the tax book is available to the public for inspection. Details for the dates of its inspection will be published ahead of time in the city newsletter, the Koho Kamogawa.
※ There is a refund system for advance full payments.