Taxes on real estate (acquisition, keeping and disposition)
We have compiled a list of taxes on real estate in three phases: acquisition, keeping and disposition. For a detailed explanation of each tax, please refer to the links in the table.
（１）Tax on the acquisition of real estate by residents of Japan (In the case of gifts and inheritances, see separate column)
| Type of tax | Buying or building a new building | Buying a second-hand building |
| Income tax(the same applies to inhabitant tax) | Mortgage deduction for income tax (if you build or acquire a new house) | Mortgage deduction for income tax (if you acquire a second-hand house) |
| Registration tax | levied taxpayer | levied taxpayer |
| Real estate acquisition tax | levied taxpayer | levied taxpayer |
| Tax on gifts | If you receive a tax receipt for a gift, it will be taxed | If you receive a tax receipt for a gift, it will be taxed |
| Tax on inheritance | not levied | not levied |
| Stamp duty | levied taxpayer | levied taxpayer |
| Fixed asset tax and city planning tax | – | – |
| Consumption tax | levied taxpayer | levied taxpayer |
（２）Tax on the acquisition of real estate by gift or inheritance by a person resident in Japan
| Type of tax | Acquired by gift | Acquired by inheritance |
| Income tax(the same applies to inhabitant tax) | Not applicable | Not applicable |
| Registration tax | levied taxpayer | levied taxpayer |
| Real estate acquisition tax | levied taxpayer | not levied |
| Tax on gifts | levied taxpayer | not levied |
| Tax on inheritance | not levied | levied taxpayer |
| Stamp duty | – | – |
| Fixed asset tax and city planning tax | – | – |
| Consumption tax | – | – |
（３）Tax on the keeping or disposition of real estate by residents of Japan
| Type of tax | Keeping a building | Disposition of a building |
| Income tax(the same applies to inhabitant tax) |
（When operated as rental housing） |
Tax on income from the transfer of real estate |
| Registration tax | – | – |
| Real estate acquisition tax | – | – |
| Tax on gifts | – | – |
| Tax on inheritance | – | – |
| Stamp duty | – | levied taxpayer |
| Fixed asset tax and city planning tax | levied taxpayer | – |
| Consumption tax | – | levied taxpayer |
For further details, please consult a certified tax accountant.
