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The amount deducted is the taxpayer's entire contribution minus 2,000 yen and set amount. To receive the subtraction, the taxpayer files a final tax return. [4] The reasoning is that many young people move to urban areas, leaving fewer people to pay rural taxes. Taxpayers choose the receiving jurisdiction. [5]
Japan’s birth rate has hovered around 1.3 for years, far from the 2.1 needed to maintain a stable population, and just last week Japan’s Ministry of Internal Affairs and Communications said ...
Japan's housing industry is facing the reality that it is possible to have "too much of a good thing." ... Nearly 14% of Japan's homes are vacant, and the average in rural areas is closer to 20% ...
This is a list of countries, territories and regions by home ownership rate, which is the ratio of owner-occupied units to total residential units in a specified area, based on available data. [1] [better source needed]
Taxation in Japan is based primarily upon a national income tax (所得税 ( しょとくぜい )) and a (住民税 ( じゅうみんぜい )) based upon one's area of residence. [1] There are consumption taxes and excise taxes at the national level, an enterprise tax and a vehicle tax at the prefectural level and a property tax at the ...
The Land Tax Reform of 1873 was the first modern land law, and contributed to the economic growth of the Meiji period, destroying the old economic and social system and creating the new system. The law increased tax revenue and boosted farm productivity by issuing the title deeds to buy and sell land freely.
In the 1980s, a new home in Japan cost 5-8 times the annual income of the average Japanese, and 2-3 times that of an average American. [9] The typical loan term for Japanese homes was 20 years, with a 35% down payment, while in the United States it was 30 years and 25%, due to differing practices in their financial markets.
Disaster creeps closer to her home. 'My house is unsellable': This Pennsylvania woman bought cheap land from the state for $15,000 — but didn't know a previous owner sold it due to a landslide ...