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

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

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

　Therefore, even if a SME, etc. deducts the entire acquisition price of the acquired depreciable assets pursuant to the provisions of the Special Taxation Measures Law, taxing property tax (depreciable assets) In addition, since special provisions under the provisions of the Special Taxation Measures Law are not permitted, the depreciable assets are subject to taxation (declaration).

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

　4 Article 133 of the Corporation 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 According to the provisions of Paragraph 1 (Deduction of lump-sum depreciable assets), all or part of the acquisition price is deducted from the Local Tax Law or deductible assets subject to local tax (Article 4) (Depreciable assets subject to local tax law or deductible assets subject to deduction or required expenses.
　However, it is necessary to note that even these assets are subject to taxation (declaration) if the business has recorded assets in the fixed asset account in tax accounting.