Property Taxes
When donating Property
- Gift tax (capital transfer tax)
- When property is donated to you, the tax owed when inherited land is used to invest in housing.
When making a contract
- Stamp duty
- This tax is generated when(not only the “property bargain”,but)
the loanis contracted.
The amount of the tax due depends on the property described in the contract.
When making a mortgage settlement contract.
- Stamp duty
- This duty must be paid when a "Money consumption: lending
and borrowing contract" loan is concluded.
The amount of money owed differs depending on the contracted amount.
- Registration and license tax
- This tax is owed when the property rights and purchase of the building
and land has been concluded. When you use the loan, the financial
institution arranges a mortgage.
The registration and license tax is owed to set the recording.
When purchasing property.
- Registration and license tax
- When you acquire the real estate such as land and buildings, you
will need a registration to clarify the property right. "The
display and preservation recording" for newly-built buildings
and land and "Property right transfer recording" for the
purchase of land and buildings are needed.
- Real property acquisition tax
- A tax paid to the administrative division when the real estate is newly acquired. You will need to declare it within a certain period after your purchase.
After you purchase the property
- Fixed asset tax
- A tax that must be paid by all people who own land and buildings
on January 1 of every year.
- City planning tax
- A tax placed on the land and building in urbanization promotion areas decided by the Town Planning and Zoning Act.