According to the Local Tax Bureau of Taichung City Government, if a person has a land participating in the readjustment program of agricultural community but has not completed with inheritance registration, after the land allocation result has been announced, the land affairs agency will first issue a certificate of readjustment cost allocation under the name of the owner registered on the land registration book while after the inheritor completes the registration and then transfers the land, the name on the certificate shall be changed to the inheritor who has completed the inheritance registration. The readjustment cost shall then be deducted from the total amount of the increased land price.
The Bureau gave an example for description. Mr. Huang's father died on August 5th, 2004 and left three pieces of land in Tanzi District, Taichung City. Three brothers delayed the inheritance registration and on June 15th, 2006, the land was readjusted and the allocation result was announced. The land affairs agency used the name of Mr. Huang's father to issue the certificate of total readjustment cost. The inheritors, however, completed the registration and on August 1st, 2010, signed a contract to declare the added value of the three pieces of land in order to transfer it to Mr. Liao. At the same time, the inheritors claimed the readjustment cost shall be deducted from the total amount of increased land price but due to different names on the certificate and the owner of land registration copy, Mr. Huang and his two brothers shall first change the name on the certificate before declaring the deduction of the readjustment cost.
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