Regarding the Declaration of Depreciable Assets

What are depreciable assets?

Depreciable assets refer to assets other than land and buildings that can be used for business purposes, and whose depreciation amount or depreciation expense is included as a deductible expense or necessary cost in income calculation under the Corporate Tax Act or Income Tax Act. (Local Tax Act Article 341)

How to Declare Depreciable Assets

Those who own depreciable assets are required to report the details of the depreciable assets they own as of January 1 each year (type, name, quantity, acquisition date, acquisition cost, useful life, etc.) to the municipality where the depreciable assets are located by January 31. (Local Tax Act Article 383)
Please check the "Guide to Depreciable Asset Declaration" and submit the "Depreciable Asset Declaration Form (Form No. 26)", "Detailed Statement by Type (for Increased and All Assets)", and "Detailed Statement by Type (for Decreased Assets)" by the deadline.

• If you are filing a declaration for the first time or do not have the declaration form on hand, please contact us or download the declaration form from the link below.

• Depreciable Assets Declaration Form (PDF 448.0KB)
• Detailed Statement by Type (For Increased Assets and All Assets) (PDF 417.6KB)
• Detailed Statement by Type (For Decreased Assets) (PDF 407.7KB)
• Guide for Depreciable Asset Declaration (PDF 841.9KB)

• At the counter,we accept declarations by mail or electronically (eLTAX). Please submit your declaration by any of these methods.

[Submit at the Counter]

Inagi City Hall Main Office 1st Floor, Counter No. 7

Note: Applications are not accepted at the Hirao Branch Office or Wakabadai Branch Office.

[Submission by Mail]

2111 Higashi-Naganuma, Inagi City, Tokyo 206-8601

Inagi City Hall Department of Citizen Affairs Taxation Division Housing Section Depreciable Assets In Charge

[eLTAX Submission]

For details such as how to use, please see the "eLTAX Website" below.

• eLTAX Website(External Link)

eLTAX Help Desk
Phone: 0570-081459 9:00 AM to 5:00 PM (excluding Saturdays, Sundays, public holidays, and year-end/New Year holidays)

Points to Note When Filing a Declaration

• Since automobile tax or light vehicle tax is imposed on automobiles, light vehicles, and small special vehicles, these assets do not require declaration to avoid double taxation. For more details, please see the URL below.

• Issuance of Number Plates for Small Special Vehicles

• Assets that should be subject to Property Tax as buildings (such as indoor unit baths, toilets, plumbing, electrical, and gas work) do not require declaration. For details, please refer to page 5 of the "Depreciable Assets Declaration Guide."
• There is no need to declare intangible fixed assets (patent rights, software, etc.) or deferred assets. For details, please refer to page 2, "5. Assets Not Required to be Declared" in the "Depreciable Assets Declaration Guide."
• Even if an asset has been fully depreciated for tax accounting purposes after a considerable period since acquisition, if it is used for business purposes, a declaration is required. If the valuation amount calculated by multiplying the previous year's valuation by the remaining depreciation rate corresponding to the elapsed years falls below 5% of the acquisition cost, the amount equivalent to 5% of the acquisition cost will be treated as the valuation amount. (Fixed Asset Valuation Standards Chapter 3, Section 1, Item 10)

Property Tax (Depreciable Assets) Reduction System

• Based on the "Advanced Equipment Introduction Plan" certified by Inagi City, if small and medium-sized enterprises introduce new equipment that contributes to improved labor productivity within the applicable period, they can receive Property Tax incentives for that equipment. For details, please refer to the URL below or contact the Economic Affairs Section, Department of Industry, Culture, and Sports, Inagi City Hall.

• Certification of Advanced Equipment Introduction Plan Based on the Small and Medium-Sized Enterprise Management Enhancement Act

• For special measures regarding Property Tax under our town's special provisions, please see the URL below.

• Special Measures for Property Tax and Other Taxes under Our Town's Special Provisions

Contact Information

Inagi City Department of Citizen Affairs Taxation Division Housing Section Depreciable Assets In Charge

Phone: 042-378-2111 (Extensions 162, 163)