System for calculating the amount of property tax (land) for FY2024

The tax amount of property tax and city planning tax on residential land is determined according to the ratio (burden level) of the previous year's tax standard amount to the price (main rule tax standard amount).
If you specifically show the mechanism of tax calculation, it will be shown below.

The tax amount for residential land is calculated according to the following procedure.

（1） Judgment of classification of residential land…We judge which division of small residential land, general residential land or non-residential land corresponds to.

（2） Calculation of burden level…By the following formula, calculate the ratio (burden level) of the previous year's tax standard amount to the price (main rule tax standard amount).

2023 standard tax amount / 2024 price (main rule tax standard amount)

（3） Calculation of standard tax amount…Depending on the ratio obtained in (2) for each division of residential land determined in (1), apply to the table listed below, apply the burden adjustment measures, and calculate the standard tax amount for 2024.

（4） Calculation of tax amount…2024 tax amount = 2024 tax standard amount x tax rate (property tax 1.4%, city planning tax 0.3%)

If the tax amount rises as it is when the valuation of the land rises, the burden will increase, so this is a measure to gradually approach the tax burden based on the price (main rule tax standard amount) every year.
In order to balance taxation while preventing the tax amount from significantly changing (up), reduce the tax burden on land with a high burden level (the ratio of the previous year's standard tax amount to the price (main rule tax standard amount)) In addition, for land with a low burden level, the standard tax amount will be raised according to the burden level.

If you have any questions, please contact each ward office.