May 10, 2012

New energy efficiency program with tax breaks of up to $ 1 million yen

"Under the new system, homes with energy-efficiency standards that better existing criteria by 10 percent or more will be eligible for tax breaks.....the land ministry plans to add such standards as the production of electricity through photovoltaic power generation..Homes authorized by prefectural governments will be allowed 10-year income tax breaks of up to ¥1 million on top of those available for other housing. Registration and license taxes will also be cut to facilitate purchases of certified homes."

Source:Government to roll out new energy-efficiency system for homes
Thursday, April 26, 2012
Japan Times

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