In the first three quarters of this year, the overall combined real estate and land tax revenue amounted to approximately 76.03 billion yuan.
[Reporter Xu Yiping/Taipei Report] The vast majority of homeowners still make money by selling their houses. According to the latest tax data released by the Ministry of Finance, the amount of tax revenue in the first three quarters of this year was about 76.03 billion yuan, an annual decrease of only 4%. Among them, the tax revenue from profit-making enterprises in the first three quarters was about 37.48 billion yuan, an annual decrease of about 6%. The personal real estate and land integrated tax in the first three quarters was about 38.55 billion yuan, an annual decrease of only 1%. According to the analysis of real estate agents, the real estate market transactions are still relatively stable, and it is estimated that the overall tax revenue for the whole year will challenge 90 billion yuan.
Zeng Jingde, project manager of the Xinyi Housing Real Estate Enterprise Research Office, said that for homeowners who bought a house after 2016, if they experience the surge in inflation and construction costs after the epidemic in 2020, which will trigger a rise in house prices, and the two-stage rise in house prices driven by Qing’an 2.0 (New Qing’an) in 2023, they will basically see a considerable increase in house prices.
However, in September 2024, the seventh wave of central bank controls came into effect, and the real estate market entered a period of "volume and price reduction". Therefore, even if the overall housing market buying sentiment has shrunk to a considerable extent since 2025, homeowners who sold their houses after the first two waves of sharp price increases have made considerable profits, which in turn generates considerable real estate and land integrated taxes. Therefore, the amount of individual real estate and land integrated taxes this year is similar to last year. The overall tax revenue for the year may be slightly lower than last year, but there is still an opportunity to challenge 90 billion yuan.
According to statistics, the combined annual tax revenue of profit-making enterprises, real estate and land in the first three quarters was approximately 37.48 billion yuan, a 6% decrease from the same period last year. The metropolitan area with the largest annual decrease was Kaohsiung City, with an annual decrease of approximately 39%, followed by Taichung City with an annual decrease of 16%, while Taoyuan City showed an annual increase of 25%.
As for the combined personal real estate and land tax revenue in the first three quarters, it was about 38.55 billion yuan, a slight decrease of about 1% compared to the same period last year. The top tax payer in the first three quarters was New Taipei City with 10.22 billion yuan, but it was a decrease of about 3% year-on-year. Taipei City contributed 5.04 billion yuan in the first three quarters, with an annual increase of 22%, the highest among the six cities. On the other hand, Taoyuan City saw a 26% annual decrease, and Tainan City saw a 13% annual decrease.
Taipei City’s combined personal real estate and land tax increased by 22% annually in the first three quarters
Zeng Jingde said that after experiencing a sharp increase in housing prices, people may face a considerable tax burden when selling their houses. It is recommended that they should make more use of the 4 million tax exemption that is self-occupied and registered for six years. The National Taxation Bureau has also been publicizing common erroneous declaration cases. People should fully understand the conditions of self-occupied and registered for six consecutive years, and the fact of actual residence and other conditions.
