土地・建設産業 ( Land Economy and Construction Industries Bureau )

Land value appraisal for the public propose

♦Land Market Value Publication (Previously called the “Land price public notice system”)
- Implemented by the Land Appraisal Committee under the MLIT
- As of January 1 every year
See Land Market Value Publication

♦Publication of market values of standard sites by prefectural government
- To complement the Land Market Value Publication
- Implemented by prefectural governments.
- As of July 1 every year

♦Road Rating: valuation of inheritance tax
- For inheritance tax and gift tax assessment
- Implemented by the National Tax Agency
- The assessments are about 80% of the values of the Land Market Value Publication.
- As of January 1 every year

♦Land appraisal for fixed asset tax
- For fixed assets tax assessment
- Implemented by municipal governments
- The assessments are about 70% of the values of the Land Market Value Publication.
- As of January 1 in every 3 year

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