Handling of depreciable assets subject to special provisions (immediate depreciation) under the Special Taxation Measures Law in property tax (depreciable assets)

　In the case of corporate tax, if a small or medium-sized enterprise acquires a depreciable asset with an acquisition price of less than 300,000 yen between April 1, 2003 and March 31, 2018, the portion of the total acquisition price up to 3 million yen ※Special provisions (immediate amortization) that can deduct the entire acquisition price (Article 28-2, Article 67-5, Article 68-102-2 of the Special Taxation Measures Law).

　On the other hand, with regard to the taxation of property tax (depreciable assets), no special provisions in tax accounting under the Corporation Tax Law or the Income Tax Law and orders based on these (for example, the Special Taxation Measures Law) are permitted.

　Therefore, even if a small and medium-sized enterprise, etc., deducts the entire acquisition price in accordance with the provisions of the Special Taxation Measures Law, the taxation of property tax (depreciable assets) is imposed under the Special Taxation Measures Law, so the depreciable asset is subject to taxation (declaration).

（※） There is no upper limit for 3 million yen for small depreciable assets acquired and used for business use before March 31, 2006.

　Article 133 of the Tax Law Enforcement Order or Article 138 of the Income Tax Law Enforcement Order (Deduction of the acquisition price of small depreciable assets) or Article 133-2, Paragraph 1 of the Corporation Tax Law Enforcement Order or Article 139 of the Income Tax Law Enforcement Order In accordance with the provisions of Paragraph 1 (Deduction of lump-sum depreciable assets), depreciable assets in which all or part of the acquisition price is included in deductibles or necessary expenses are excluded from the Local Tax Law (Local Tax Law 4) are excluded from the Local Tax Law Article 49 Enforcement Order (Article 49 Enforcement Order) Article 49 Enforcement Order (Local Tax Law Article 49 Enforcement Ordinance (Article 34), Local Tax Law) are excluded from filing.
　However, it is necessary to note that even these assets are recorded by the business operator in the fixed asset account in tax accounting, so it is necessary to note that tax.