1A local tax levied on fixed assets such as land and buildings (property tax); it is typically paid annually by the owner based on assessed value.
新しい家を買うと、固定資産税の負担が増えることを忘れてはいけない。
When you buy a new house, don't forget that your property tax burden will increase.
固定資産税の納期限が近づいているので、市役所から通知が届いた。
The deadline for the property tax payment is approaching, so a notice arrived from the city office.
自治体は固定資産税の評価額を見直して、課税基準を更新した。
The municipality reviewed assessed values for property tax and updated the taxation standards.