Japan Fixed Asset Tax Calculator
Property Details
Estimated Annual Tax
0 JPY
Frequently Asked Questions
What is the Fixed Asset Tax (Kotei Shisanzei)?
It is an annual local tax levied on land, houses, and depreciable assets (e.g., machinery, equipment) owned as of January 1st each year in Japan. It is calculated based on the assessed value of the property.
How is the assessed value determined?
The assessed value is determined by the municipal government based on various factors, including market prices, property size, age, and construction materials. It is reviewed every three years.
Are there any exemptions or reductions?
Yes, certain properties, especially residential land and newly built houses, may qualify for special reductions for a certain period. The specific rates and conditions vary by municipality.
