Part IV Land Tax
Article 36
In localities where land values have been assessed according to law, the Municipal or County (City) Government shall forthwith set the basic tax rate pursuant to Article 169 of the Land Act, set the initial points of land value subject to progressive rates pursuant to Article 171 of the Land Act, set the multiples for vacant land tax pursuant to Article 173 of the Land Act, set the multiples for uncultivated land tax pursuant to Article 174 of the Land Act, set the amount of land value increment tax exemption pursuant to Article 180 of the Land Act, and set the tax rate for constructional improvements pursuant to Article 186 of the Land Act, and shall submit the collections of land value tax, land value increment tax and tax on constructional improvements through transfers to the Executive Yuan for approval.
Article 40
The rules for the assessment of land value and valuation of constructional improvements with respect to valuation subjects, valuation approaches, valuation procedures, format of valuation report and outsourcing of valuation work shall be prescribed by the Central Land Administration.
Article 41
For land purchased on the basis of standard land value pursuant to Articles 29, 33, 34, 89 or 157 of the Land Act, the improvements thereon shall be purchased simultaneously based on their assessed value, unless the owners of such improvements willingly relocate them elsewhere.
Article 42
When it becomes necessary to change the basic rate of land value tax, initial points of land value subject to progressive rates, multiples for vacant land tax, multiples for uncultivated land tax, amount of land increment value tax exemption, or tax rate for constructional improvements currently in force, the competent Municipal or County (City) Government shall follow the procedure set forth in Article 36 of this Act, and make public announcement of the changed rates before the start of a fiscal year.
Article 43
The “ land value tax leviable ” referred in Article 173 and Article 174 of the Land Act means the basic tax rate for vacant land and uncultivated land.
Article 46
The standards and procedures for reduction and exemption of land tax shall be prescribed by the Central Land Administration and the Central Finance Authority in the form of rules.
Article 47
When tax-exempt land becomes taxable land, land tax shall be levied starting from the following year.
Article 48
When taxable land becomes tax-exempt land, the land tax shall be remitted starting from the year the tax-exempt status is granted. However if the land has not been used on the basis of the reason for granting tax-exempt status, the land tax thereon shall not be remitted.