Aug 17, 2026 • Japan

Japan's fixed asset tax in 2026: 1.4% on assessed value, with home land cut to one-sixth — and a revaluation due in 2027

Japan's fixed asset tax is levied each year on the owner of land and buildings registered on 1 January, at a standard 1.4% of the municipal assessed value. Residential land up to 200m² per home is taxed on one-sixth of its value, and land and buildings are revalued every three years, next for fiscal 2027.

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