Taipei City Revenue Service

The value of a deed is the standard price assessed by the real estate assessment committee of local government. For real estate acquired at the court auction or bid from the government agency, if the transaction price (actual price) is higher than the standard price assessed by the real estate assessment committee of local government, the value of a deed shall be standard price, unless the taxpayer is willing to pay the tax in accordance with the actual price. On the other hand, if the transaction price (actual price) is lower than the standard price, the value of a deed shall be the actual price.