Those who overdue to automatically make up the report and pay the real estate and land tax with added interest can be exempted from punishment

The Taipei National Taxation Bureau of the Ministry of Finance stated that the real estate tax was launched on January 1, 2015, and the real estate tax 2.0 was also officially implemented on July 1, 2011. Personal transactions fall within the scope of real estate tax Houses and land, regardless of whether there is a taxable amount or not, must complete the declaration form within 30 days from the day after the ownership transfer registration of the house or land is completed, and submit a copy of the contract and other relevant documents for declaration; if there is a taxable amount , the payment receipt should be attached together.
The bureau further stated that if an individual sells a house or land that falls within the scope of the unified taxation of real estate and land, if he fails to declare himself within 30 days from the day after the registration date of ownership transfer, he will then report it without being reported by others or by the tax collection agency or Investigators designated by the Ministry of Finance will automatically make up the report before the investigation, and those who have tax evasion and have paid the evaded tax and the added interest can be exempted from punishment.
The bureau gave an example, if Mr. Jia, a taxpayer in the jurisdiction, sold the property acquired during the transfer of 105 years on March 10, 2010, the property should be taxed according to the provisions of Article 4-4 and Article 14-5 of the Income Tax Law. One-of-a-kind tax, and within 30 days from the day after the registration date of ownership transfer (that is, before April 9 of the same year), you should fill out the declaration form yourself, attach a photocopy of the contract and other relevant documents, and apply to the State Taxation Bureau at the place of household registration. Mr. A was negligent for the time being and failed to file the tax declaration according to the time limit. However, on April 20 of the same year, before the investigation by the tax collection agency, he automatically made a supplementary report and added interest to pay the tax. After the audit by the tax collection agency, there was no Under-declaration of the tax amount may be exempted from the punishment stipulated in Article 108-2 of the Income Tax Law.
The bureau specially reminded that regardless of the income or loss of the transaction, the property and land integration tax should be declared within 30 days from the day after the registration of the ownership transfer is completed. The taxable amount should also be paid together with interest, and the penalty can be exempted.
(Contact person: Section Chief Huang of the Second Division of Legal Affairs Tel: 23113711 Ext. 1961)