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Bill or law · Japan

富裕税法 (Wealth Tax Act, Law No. 174 of 1950)

Lapsed

Japan's only permanent net wealth tax: a yearly progressive tax on net worth over ¥5 million at 0.5%, rising to 1% above ¥10 million, 2% above ¥20 million and 3% above ¥50 million.

Overview

Detailed overview not yet written. Until it is, the summary above and the sourced records below are what the register holds about this bill.