noun
property tax; estate tax
Refers to taxes levied on property or assets. In Japan, this often points to fixed asset tax (固定資産税) or inheritance tax (相続税), depending on context.
資産税の申告期限が近づいている。
The deadline for filing property tax returns is approaching.
相続した土地に資産税がかかる。
Property tax is levied on inherited land.
Inheritance tax, which is sometimes included under the umbrella of 資産税 when discussing taxes on assets.
Compound of 資産 (assets, property) and 税 (tax).