12~23 °CLand value increment tax refunds: 5-year monitoring period for repurchased property
Local Tax Bureau
(Taichung News) The Taichung City Government’s Local Tax Bureau noted that landowners who re-purchase land for self-use residential purposes and receive a refund of the land value increment tax must not transfer the land to others, rent it out, use it for business, or move their household registration from the land within five years of registration. If any of these actions occur, the refunded tax will be reclaimed. The Local Tax Bureau added that self-use residential land is defined as land ...
