noun
A tax levied on the value of property owned by an individual or entity.
今年の財産税の納付期限は来月です。
The deadline for paying this year's property tax is next month.
固定資産税 is a specific type of property tax on fixed assets like land and buildings, while 財産税 can refer to property tax in a broader sense, including movable assets.
Compound of 財産 (property) + 税 (tax).