Depreciable Assets page

　In addition to land and houses, property taxes are subject to “depreciable assets”.
　1.What are depreciable assets?
　2.What is it for business use?
　3.What is the service life?
　4.If you have depreciable assets, you need to declare them!
　5.Valuation of depreciable assets
　6.About downloading of declaration and statement

　Depreciable assets are assets (excluding mining rights, fishing rights, patent rights and other intangible depreciable assets) that can be used for businesses other than land and houses, and whose depreciation or depreciation expenses are corporate tax. Of those that are included in deductibles or necessary expenses for the calculation of income under the provisions of the Act or Income Tax Law, those whose acquisition price is small and other than those specified by a Cabinet Order.

　In calculating income under the provisions of the Corporation Tax Law or the Income Tax Law, Article 133, Paragraph 1 or Article 133-2, Paragraph 1 of the Enforcement Order of the Corporation Tax Law or Article 138, Paragraph 1 or Article 139 of the Enforcement Order of the Income Tax Law All or part of the acquisition price shall be included in deductibles or necessary expenses according to the provisions of paragraph 1. For details, please see pages 3 and 17 of the "Guide to Declaration".

　"Business" generally refers to the continuation and repetition of actions for a certain purpose, and does not necessarily require the direct purpose of obtaining profit or profit itself.

　In addition, “providing for business use” includes not only those currently used for business use but also those that are idle and unused, but those that are considered to be so-called supplies correspond to inventories. , Not included in depreciable assets.

　In addition, welfare facilities, etc. provided by the company, etc. for use by employees are also included in “Assets for Business Use”.
　Specifically,
・Machinery, office equipment, etc. when operating factories, shops, offices, etc. in individuals or companies
・Exterior construction work such as asphalt pavement, planting, etc. when operating a real estate rental business (loan of parking lots and apartments, etc.)
・Kitchen items, registers, signboards, etc. when operating a restaurant business
Yes, there is.

　The “life useful life” used in the handling of depreciable assets refers to the number of years in which depreciable assets are expected to be able to increase the expected effect if depreciable assets are used for normal purposes. ("Ministry Ordinance on the useful life of depreciable assets").

　In addition, the useful life of depreciable assets is stipulated to be listed in Appendix 1, 2, 5 and 6 of the “Ministerial Ordinance on the useful life of depreciable assets”. (“Fixed Asset Valuation Standards Section 1, 8”)

The service life table can be downloaded from the following location.

・Appendix No. 1 (Overall) (PDF: 169KB)
・Schedule No. 1 (Building) (PDF: 74KB)
・Attachment No. 1 (equipment attached to building) (PDF: 53KB)
・Schedule No. 1 (Building) (PDF: 89KB)
・Schedule No. 1 (ship) (PDF: 50KB)
・Schedule No. 1 (Aircraft) (PDF: 42KB)
・Attachment No. 1 (vehicles and vehicles) (PDF: 66KB)
・Appendix No. 1 (Tool) (PDF: 50KB)
・Attachment No. 1 (equipment and equipment) (PDF: 90KB)
・Schedule No. 2 (PDF: 91KB)
・Schedule No. 5 (PDF: 36KB)
・Appendix No. 6 (PDF: 75KB)
Revision of the statutory useful life
In the fiscal 2008 tax reform, the statutory useful life was significantly revised, centered on machinery and equipment. Specifically, please see "about the handling of depreciable assets" (PDF: 135KB).

Please refer to the “New and Old Asset Classification Relationship Table” (PDF: 226KB) for the destination after the revision of the useful life related to “machine and equipment”.

　If you have depreciable assets that fall under 1 and 2 above, according to the provisions of Article 383 of the Local Tax Law, the ownership status of the assets as of January 1 (the due date) is determined for each ward where the assets are located. You will be required to make a report and report it to the Yokohama City Depreciable Asset Center by January 31.

　The form of the tax return (or postcard for requesting a tax return, etc.) will be sent by mail after December 15 every year.
　※For those who use electronic filing, pre-declaration data or messages are sent to the eLTAX message folder, which is not mail in principle.

　Please note that it is necessary to declare even if the valuation (tax standard amount) of the assets you have is expected to be less than 1.5 million yen.

　Please see "Information of Yokohama-shi depreciable assets center" for the location of Yokohama-shi depreciable assets center.

　If you are submitting the tax return by mail and wish to return the copy, be sure to attach a stamp to the reply envelope and enclose it.

　Please refer to the "Guide to Declaration" for details on how to file a declaration.

　In Yokohama-shi, we accept electronic report of city tax using eLTAX (L tax). There is such an advantage in electronic filing.

（１） You can easily proceed through the Internet from your office or home.

（２） Declarations to multiple local governments can be filed at once.
　　(However, it is limited to organizations that have started the electronic filing system service.)

（３） You can also file a tax return with commercially available tax and accounting software. (However, it is limited to eLTAX compatible software.)

Specifically, please see electronic report homepage of Motoichi or eLTAX homepage (outside site).

　For depreciable assets with certain requirements stipulated in the Local Tax Law, the exception of the standard tax amount will be applied and property tax will be reduced. Please refer to page 13 of the “Guide to Declaration” to determine what assets are applicable.

　If you have such assets, please submit the “Depreciable Asset Tax Standard Exception Assets registration form and Statement”.

　Property tax is not levied on depreciable assets that meet certain requirements stipulated in Article 348 of the Local Tax Law and Article 14 of the Supplementary Provisions of the Law. Please refer to page 12 of the “Guide to Declaration” to determine what assets are applicable.

　If you have such assets, please submit the Tax Exemption registration form.

　If you have any questions about how to write "Depreciable asset tax standard exception applicable asset registration form and statement" or "Tax-exempt registration form" or request form, please contact the Yokohama City Depreciable Asset Center.

　Depending on the situation, such as in the event of a disaster, you may be entitled to a reduction in property tax (depreciable assets).

　Property tax (depreciable assets) is subject to the reduction of property tax (depreciable assets) for fixed assets that require special reduction due to public interest or other reasons. (Example: Equipment damaged by a disaster, etc.)

　Specifically, please refer to Yokohama-shi city tax regulations (excerpt) (PDF: 194KB).

　When you receive reduction of taxes, please submit "reduction of taxes application".

　Please refer to Yokohama-shi depreciable assets center if there is unclear point such as how to write "reduction of taxes application" or request of style.

　Depreciable assets are calculated based on the tax return submitted, taking into account (evaluating) the decrease (depreciation) in value corresponding to the number of years elapsed since the acquisition, based on the acquisition price.
（１） Valuation of depreciable assets acquired during the previous year
　　　Valuation = Acquisition price x Depreciation residual rate for those acquired during the previous year
（２） Valuation of depreciable assets acquired prior to the previous year
　　　Valuation = Previous year’s valuation × Depreciation residual rate acquired prior to previous year
★For details on the handling of depreciable assets subject to the special provisions (immediate depreciation) of the Special Taxation Measures Law under property tax (depreciable assets), see the page on Immediate Depreciation.

　For those who have filed using the style of Motoichi in the previous fiscal year, we will send a report and a statement by type that printed the contents of the previous fiscal year around December 15 every year.

　When filling in the assets acquired during the previous year, if the column (line) of the statement by type is not enough, you can download the additional style from the homepage of Motoichi.

　Download from the page of "Download Forms and Guides for Declaration Forms"

　In Yokohama City, we conduct on-site surveys based on Article 408 of the Local Tax Law. In that case, we may ask you to prepare a fixed asset ledger and various other materials, so please cooperate.
●Request for on-site investigation
　In addition, we may ask you to file an additional tax return along with the investigation, but please note that in that case you may be taxed retroactively to the past year.