Real-estate Acquisition Tax
Fudousan shutoku zei
The prefecture where the acquired land/house is located taxes you.
This will be taxed only once, not like the Fix Asset Tax.
Payment Amount / Payment Method
Amount of tax
Land and housing: Fixed asset valuation amount x correction rate x 3% Buildings other than residential houses: Fixed asset valuation amount x correction rate x 4%
The tax amount will be reduced if it is a newly built or a house is built on the land you own. Application to the prefecture is required.
A payment slip will be sent to your adress 3-4 months after you got them.