The term refers to suit the inhabitants’ tax and prefectural tax in the tax of Japan.
This tax and prefectural residence tax are collectively referred to as residence tax, and both are calculated based on a person’s income in the previous year. Procedures related to residence tax—from tax returns to tax payments—are administered by the city.
The fixed asset tax are levied every year on those who own land, buildings, or amortized assets (known as “fixed assets”) as of January 1. These taxes are calculated according to the value (fair current price) of the fixed asset.
The city planning tax is levied to cover the expenses associated with city planning projects and land readjustment programs. Tax notices about the fixed asset tax and city planning tax are mailed from the Municipal Taxation Office or Municipal Taxation Branch Office.
Taxes are usually paid in four installments during the year—in April, July, December, and February—by the deadline of the payment month (the last day of the month).