Issued by: Yilan County Government Finance and Taxation Bureau Luodong Branch Updated Beijing time 111-08-04
According to Article 20 of the Detailed Rules for the Implementation of the Land Tax Law, the land value tax is based on August 31, that is to say, the land owner recorded in the land register on August 31 is the taxpayer of the land value tax for the whole year of the year, and even if the land is held for less than one year, he must still be responsible for paying the land value tax for the whole year. It is not just a matter of paying the land premium tax for the number of months remaining after the land is acquired.
The Finance and Taxation Bureau further explained that, for example, if Xiao Qiang acquired the land on September 1, 111 and went through the ownership registration, and the land owner in the land register on August 31 was still registered as the former owner Xiao Ming, Xiao Ming should be responsible for paying the land price tax for the whole year of 111; If Xiaoqiang obtains the ownership of the land before August 31, Xiaoqiang will pay the land price tax for the whole year of 111.
The Finance and Taxation Bureau reminds that if the land is transferred, it is agreed in the sales contract who will pay the land premium tax for the year, which is a private agreement between the two parties, and the tax liability will not be changed, and the tax authority must still take the owner of the land register of the land administration authority on August 31, the benchmark date of the tax liability, as the taxpayer of the land price tax of the current year.
If you want to know more about the relevant local tax laws and regulations, please call the Yilan County Government Finance and Taxation Bureau toll-free service telephone 0800-396969 or (03) 9325101 ext. 152~162, Luodong Branch toll-free service telephone 0800-232234 or (03) 9542226 ext. 201~208 for inquiries.
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