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Apparently the law was amended in 2023 to exclude abandoned homes from this tax deduction, as well as giving local governments more power to step in and take ac
by freetime2 2y ago
Apparently the law was amended in 2023 to exclude abandoned homes from this tax deduction, as well as giving local governments more power to step in and take action on abandoned homes that present a risk to public safety. [1]
Probably still too early to say whether the change is having an impact, or how broadly it is being enforced.
[1] https://www.loc.gov/item/global-legal-monitor/2023-07-02/japan-abandoned-houses-to-be-excluded-from-reduced-taxes/ https://www.loc.gov/item/global-legal-monitor/2023-07-02/jap...