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Expenses and tax when purchasing a Japanese property

April 15,2015


When purchasing a Japanese property, you need roughly 5% to 6% of the selling price as expenses and taxes such as brokerage fee, acquisition tax, judicial scrivener fee, registration tax, stamp duty , consumption tax and adjustment of fixed tax.

The reason that we can’t determine the expenses with the selling price is that acquisition tax and registration tax are based on a different standard table which is called “ the fixed asset tax table standard”. In addition the fixed asset tax is imposed with both of land value and building value on the land, which deteriorates over time year by year.