Property Tax Calculator for Japan
Property Details
Tax Calculation
Note: This property tax calculator provides an estimatation for residential property purchases in Japan. Tax based on typical rates and values, but the actual tax amounts may vary. This tool should not replace advice from a qualified tax professional. Please consult a local tax expert or government office to ensure accurate tax calculations for commercial properties, agricultural land, or properties with unique characteristics.
Additionally, this estimate does not include factors such as exemptions or deductions for first-time home buyers or specific types of residential buildings but may apply to your situation.
* if applies
* Real Estate Acquisition Tax: One-time tax levied when you acquire the property.
* Property Tax: Annual tax, and 1.4% of the assessed value of the property. The value is reassessed every three years.
* City Planning Tax: A municipal tax (or a metropolitan tax in Tokyo’s 23 wards) levied annually on individuals who own land or houses within “urban planning areas.” Urban planning areas are defined as “areas that are already urbanized or areas intended to be urbanized in a prioritized and planned manner within approximately 10 years.” The tax rate is capped at a maximum of 0.3% of the assessed property value.
This is a general estimate of residential property taxes. Please consult a CPA for a precise calculation.
Frequently asked questions
Japan requires property taxes to be paid within its country. Non-residents must appoint a tax representative to help handle payments on their behalf. This ensures that property tax obligations are met even if you are not physically present in Japan.
Yes. Property owners in Japan are required to pay taxes, including: 1) Real Estate Acquisition Tax (不動産取得税): A one-time fee when purchasing residential land or buildings or constructing a new property. 2) Fixed Assets Tax (固定資産税): An annual tax based on the value of the property. 3) City Planning Tax (都市計画税): This tax is applicable if your property is within a city area. The tax amount depends on the size, location, and value of the property.
Japan offers several payment options, such as: Direct deposit, Convenience store payments, Smartphone payments, Credit card payments, PayEasy. However, if you are not in Japan, you’ll need to appointment someone or an entity to be your tax representative.
Yes. Japan requires non-resident property owners to appoint a local representative to receive tax documents and make payments on their behalf. MailMate offers a tax representative service to ensure you never miss a deadline or payment.
Failure to pay property taxes on time can result in penalties, interest charges, and potential legal issues. Having a tax representative can help you avoid these complications.
To appoint MailMate as your tax representative, you must submit the 納税管理人の届出書 (Notification Form of Appointment of Tax Agent) to the local tax office of your property. You can book a call with MailMate for assistance in filling out the form: Book a call with MailMate
Real estate acquisition tax in Japan is a one-time payment made when purchasing residential land or buildings or constructing a new residential property.
Property tax in Japan is calculated at a rate of 1.4% of the property’s value as of January 1st of each year.
Manage your property taxes with ease by appointing MailMate as your tax representative. This service ensures that you receive and view all tax notifications from anywhere in the world.
Get a tax representative for your property in Japan
Manage your taxes comfortably by making MailMate your tax representative so you can receive and view all tax notifications from anywhere in the world.
