Tax
Tax
○Withholding Tax
Tenant or buyer need to pay withholding tax to tax office to deduct from payment.
・Individual
Rental : 20.42% ( 0% if own stay or family stay)
Sell : 0% (10.21 % if selling price is more than JPY100 million )
・Company
Rental : 20.42 %
Sell : 10.21 %
○Income Tax
・Individual
| Taxable income from Rental | Tax Rate |
| 1,000 ~ 1,950,000 | 5% |
| 1,950,001 ~ 3,300,000 | 10% |
| 3,300,001 ~ 6,950,000 | 20% |
| 6,950,001 ~ 9,000,000 | 23% |
| 9,000,001 ~ 18,000,000 | 33% |
| 18,000,001 ~ 40,000,000 | 40% |
| 40,000,001 ~ Above | 45% |
・Company : 15% or 23.4 % (depends on capital and income)
○Reconstruction Tax : 2.1% of income tax untill 2037
○Capital Gain Tax (Only for individual owner)
・0 ~ 5years : 15.315%
・5 years above : 30.63%
○Stamping fee : JPY20,000 ~ JPY100,000 depends on the SPA price
○Registration license Tax for mortgage : Mortgage amount * 0.4%
○Registration license Tax for Title transfer
・Land : Standard Rate of (Fixed Asset ) * 1.5%
・Building : Standard Rate of (Fixed Asset ) * 2%
○Real Estate acquisition Tax
・Land : Standard Rate of (Fixed Asset ) * 1.5%
・Building : Standard Rate of (Fixed Asset ) * 3% (only for Residential, others is 4%)
※ those rate will be end of March 2021
○City Planning Tax : Standard Rate of (Fixed Asset )* 0.3%
○Consumption Tax : 8% (rental from corporate tenant, agency fee etc )