Japan Roadside Land Prices Up for 4th Year in Row

Tokyo, July 1 (Jiji Press)--Prices of land facing major roads in Japan as of Jan. 1 rose 2.7 pct from a year before on average, up for the fourth consecutive year, the National Tax Agency said Tuesday. Roadside land prices, used to calculate inheritance and gift taxes, logged their steepest increase since the current calculation method was introduced in 2010, reflecting a spike in demand for...

Japan Roadside Land Prices Up for 4th Year in Row
Tokyo, July 1 (Jiji Press)--Prices of land facing major roads in Japan as of Jan. 1 rose 2.7 pct from a year before on average, up for the fourth consecutive year, the National Tax Agency said Tuesday. Roadside land prices, used to calculate inheritance and gift taxes, logged their steepest increase since the current calculation method was introduced in 2010, reflecting a spike in demand for...