Constructional improvements may be taxed annually according to their assessed values, and the maximum tax rate shall not exceed one per cent thereof.

The tax on constructional improvements shall be levied simultaneously with the land value tax, and the provisions of Article 172 shall apply mutatis mutandis.

Where constructional improvements are used as the owner’s dwelling house, they shall be exempted from taxation.

Agricultural improvements shall not be subject to taxation.

In localities where the value of land is generally less than 500 (silver) dollars per mow , all constructional improvements shall be exempted from taxation.

The entire tax on improvements on land shall be a local tax.