September 30 deadline
Tokyo's FY2026 second installment period for fixed asset tax and city planning tax runs from September 1 through September 30. Later deadlines are December 28 for the third installment and March 1, 2027 for the fourth.
Headline rates do not equal the final bill
The standard fixed asset tax rate is 1.4% of the taxable base and the city planning tax rate is generally 0.3%. Residential land reductions, adjustment mechanisms and new-home relief can materially change the actual amount payable.
Overseas owners need a payment process
Owners living outside Japan should ensure that tax notices are received and deadlines monitored. Property taxes should be incorporated into annual cash-flow planning alongside management fees, repairs and insurance.