Property tax hike eyed for owners of Japan’s upper-floor high-rise condos

The government and the ruling coalition are considering raising the property tax burden on owners of upper-floor units in high-rise condominium buildings, sources said Monday.  Although fixed property tax rates will be left intact, the tax calculation formula will be revised so that owners of upper-floor units will pay more taxes than now while those of lower-floor units will pay less, the sources said.    Read the article…………..


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