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In this paper, equity analysis of property tax burden between residential and non-residential building has been conducted. The equity of residential property tax burden has been improved after assessing a building with land as one parcel and applying a market value assessment method since 2005. However, the assessment method of non-residential building is the same as before. That is, the land is assessed by the market value, on the other hand the building assessed by reconstruction cost along with depreciation factors. It accrues an inequity tax burden problem between residential and non-residential building. Therefore, this paper proposed the market value assessment method for the non-residential building as one parcel in order to improve the equity among property tax bases.
