Land price tax will be levied in November. Affected by the announced 7.7% increase in land price, self-occupied residences will increase by 65 yuan per transaction.
The average land price tax for self-occupied residential buildings increased by 65 yuan compared with last year.
Quick Look
- The Taoyuan City Government’s Local Taxation Bureau sent out 962,000 land value tax payment certificates this year, with a tax collection amount of NT$10.46 billion, an increase of 11.7% compared to last year.
- It was announced that the land price will increase by 7.7%, and the land price tax for self-occupied residential buildings will increase by 65 yuan on average compared with last year.
- The payment deadline is November 30, and late payment fees will be levied if it is overdue.
AI-generated summary
Why It Matters
This year's announcement coincides with a two-year land price adjustment, with an adjustment amplitude of 7.7%. The land price tax tax period is from January 1 to December 31, 2015, and the owner of the land registered on August 31 is the taxpayer.
This year, affected by the announced 7.7% increase in land prices, the land price tax for self-occupied residences increased by 65 yuan per transaction. (Photo by reporter Xie Wuxiong)
[Reporter Xie Wuxiong/Taoyuan Report] This year’s land price tax was levied in November. The Taoyuan City Government’s Local Taxation Bureau sent out a total of 962,000 payment letters, and the tax amount was 10.46 billion yuan, an increase of 11.7% from last year. The local taxation bureau stated that since the land price announced this year coincides with a biannual adjustment, the increase was 7.7%, but the impact on self-occupied residences was less. According to statistics, the land price tax for self-occupied residences increased by an average of 65 yuan compared with last year.
The Local Taxation Bureau stated that the 2015 land price tax tax period is from January 1 to December 31, 2015, and the owner of the land registered on August 31 is the taxpayer; the payment deadline is until November 30. If the payment is overdue, a late payment fee of 1% will be levied on the overdue amount for every 3 days, up to a maximum of 10%.
In addition to paying with a payment slip at a tax collection financial institution (the post office does not collect the tax) or at a convenience store (with a tax amount of less than 30,000 yuan), the public can also use mobile devices or the APP of tax payment companies that offer mobile payment tools to pay tax by scanning the QR-Code mobile barcode on the payment slip, or go to the local tax online declaration website (website: https://net.tax.nat.gov.tw) to check and pay the tax online.
If the public has not received the payment note, they can apply to the local tax bureau or its branch for a reissue. They can also apply online on the bureau's website (URL: https://tytax.tycg.gov.tw/), or use a natural person certificate, a mobile natural person certificate (TW FidO) or a registered health insurance card to go to the official website of the bureau and click "Online Service" - "e-Trigger Cross-domain Tax Pass" to apply for a reissue of payment note.
Open Questions
- What is the average increase in land price tax for non-owner-occupied residences?
- Are there any differences in the specific procedures for reissuing payment certificates in each branch?
