noun
city planning tax
A Japanese municipal tax levied on land and buildings in urbanization promotion areas to fund city planning projects such as roads and parks.
都市計画税は、市街化区域内の土地や家屋に課税されます。
The city planning tax is levied on land and buildings within urbanization promotion areas.
Fixed asset tax is a broader property tax, while 都市計画税 is an additional tax specifically for city planning purposes.
Compound of 都市 (city), 計画 (planning), and 税 (tax).