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…………..


Related Articles

Rules are rules: Pets in flats (South Africa)

Pet ownership generally creates problems in sectional title schemes and HOA run estates as many will either have conduct rules

Condo dweller takes VAT issue to Supreme Court (Philippines)

A RESIDENT of a Makati City condominium on Monday asked the Supreme Court to void a Bureau of Internal Revenue

Enforcement of Strata Management Act to be announced soon (Malaysia)

The enforcement of the Strata Management Act 2013 (Act 757), which replaces the Building and Common Property (Maintenance and Management)