Please see the link below for an excellent article from Bloomberg that explains in general terms the structure of the Inheritence Tax process here in Japan. This type of preferential taxation treatment for Real Estate is helping underpin the market, especially with the ‘greying’ of Japan’s population. It is commonly speculated that a well know company CEO bought Tiffanys in Ginza as an inheritence tax measure.
If you have any questions, please contact the HJ Commercial team at:
HJ Commercial Team/