Jump to the content zone at the center

Deed Tax

I. Introduction
The ownership of real estate property acquired through purchase, the creation of a Dien, on a bestowal or a donation, exchange, partition or on possession is subject to the deed tax levy. The deed tax is assessed according to respective deeds at different rates. To show taxpayers how to save on deed tax, a brief introduction concerning reduction and exemption is provided below.

II. Tax rate: Assessing the deed tax based on the deed value times an applicable tax rate.
Classification Tax rate Remarks
1. Deed tax on a purchase and sale. 6%  
2. Deed tax on a bestowal or a donation. 6%  
3. Deed tax on a creation of a Dien. 4%  
4. Deed tax on an exchange. 2%  
5. Deed tax on a partition. 2% In the event that there is payment for the discrepancy in a deed on an exchange or deed on a partition is subject to the 6% of the deed tax.
6. Deed tax on a possession. 6%  
III. Precautions to avoid penalties:
  1. A taxpayer who fails to file a statement of deed tax within the 30 days period starting from the date of the deed goes into effect to a local tax collection authorities must pay a surcharge for every three days of delay equal to 1% of the amount of the tax; however, the total fine imposed shall not exceed NT15,000.
  2. A taxpayer who fails to pay the deed tax due in full on or before the deadline must pay a late penalty fee, calculated at 1% of the tax amount for every two days of delay. If the taxpayer fails to pay the tax and the surcharge for late penalty or the surcharge for late filing for 30 days or more after the prescribed period, the matter shall be referred to the court for enforcement.
  3. It is the duty of a taxpayer to truthfully declare all applicable deed tax, any untrue or under reporting, once it has been discovered by the competent tax collection office or upon information brought by another person shall, in addition to payment of the tax due, be penalized by imposition of an administrative fine equal to one to three times the amount of tax due.