Annual property taxes (fixed asset and city taxes)
In Japan, real estate is subject to annual property taxes called kotei-shisan-zei (fixed asset tax, 固定資産税), and toshi-keikaku-zei (city tax, 都市計画税).
Tax bills are usually sent out around April or May each year, depending on the city, and are paid to the city where the property is located.
Tax rates:
Fixed asset tax: 1.4% of the taxable value
City planning tax: 0....
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