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insurance-taxAnswered

Why is Japan's earthquake-insurance deduction more symbolic and structured than people assume?

MF
Mika Fujimoto
May 29, 2026 3,171 views 1 answer
Japanearthquake insurance deductionNTAtax relief

I pay for earthquake insurance in Japan and know there is a tax deduction, but I am not sure whether that means the tax system is really offsetting a large part of the cost. Please explain the deduction in a more realistic way.

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