固定資産税(こていしさんぜい)

こていしさんぜい
noun
fixed-asset tax; property tax
formallegalmoneylaw
1. fixed-asset tax; property tax
A municipal tax charged every year on the owners of land, buildings, and business equipment, based on the assessed value as of January 1. Home owners pay it in installments after a tax notice arrives in spring.
固定資産税(こていしさんぜい)を払(はら)う。
I pay the property tax.
家(いえ)を買(か)うと固定資産税(こていしさんぜい)がかかる。
When you buy a house, you have to pay property tax.
毎年(まいとし)五月(ごがつ)ごろに固定資産税(こていしさんぜい)の納税通知書(のうぜいつうちしょ)が届(とど)く。
The property tax notice arrives around May every year.

Literally 固定(こてい) (fixed) + 資産(しさん) (assets) + 税(ぜい) (tax). Paid to the city, town, or village where the property is, not to the national government.

Common collocations

  • 固定資産税(こていしさんぜい)を納(おさ)める: to pay property tax
  • 固定資産税(こていしさんぜい)がかかる: property tax is charged
  • 固定資産税(こていしさんぜい)の評価額(ひょうかがく): the assessed value for property tax

Related words

  • 住民税(じゅうみんぜい): resident tax, the other main local tax
  • 都市計画税(としけいかくぜい): city planning tax, often billed together with it in urban areas