Kaohsiung City Taxation and Taxation Office reminds: Purchase of parking space land holding points will not automatically apply for the preferential tax rate for self-occupied residential land

If people obtain a parking space after purchasing a house, they should pay attention to whether the land holdings have increased and whether the new holdings have applied for self-use residential land, so as not to mistakenly believe that the preferential tax rate has been applied to the original house land, and the parking space land holdings will automatically enjoy the same preferential treatment. (File photo)

Many people think that since the land on which their houses are located is already subject to the preferential tax rate for self-occupied residential land, they will also enjoy the preferential treatment for new land holdings if they purchase parking spaces in the same building in the future. However, this is not actually the case. The Kaohsiung City Tax Collection Office reminds that new land holdings for houses and parking spaces are subject to different application matters, and land holdings for parking spaces will not automatically be subject to the preferential tax rate for self-occupied residential land.

The Kaohsiung City Tax Collection Office stated that it has recently received inquiries from the public. The land where the building where they originally lived was already levied land value tax at the preferential rate for self-occupied residential land. However, the next year when they purchased a parking space in the same building for their own parking, they found that the preferential tax rate was not also applied to the newly added land holding area.

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The Taxation Department explains that although the land on which people's original houses are located has met the requirements for self-occupied residential land, the additional land holding points purchased for parking spaces in the future will not automatically be included in the scope of application because the preferential tax rate is already applicable to the original land.

Therefore, if people purchase parking spaces in the same building and use the parking spaces for their own use, they must still submit a separate application for self-use residential land for the newly added land holdings. Only after the tax collection authority has reviewed and met the relevant regulations can the preferential land price tax rate be applied.

The Taxation Department reminds people that if they obtain a parking space after purchasing a house, they should pay attention to whether the land holdings have increased, and whether the new holdings have applied for self-use residential land, so as to avoid mistakenly thinking that the preferential tax rate has been applied to the original house land, and the parking space land holdings will also automatically enjoy the same preferential treatment.