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Updated Information

Property Registration and License Tax

2024.10.20

When buying property or setting up a mortgage, Property Registration and License Tax(登録免許税)is charged during the property registration process. This tax is paid to make sure your ownership or mortgage rights are legally protected. The amount depends on the property’s value and type, and it’s usually based on the assessed value used for property taxes. In some cases, such as applying for a mortgage tax deduction, there may be tax reduction measures.

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