The House Tax
Part 1 Introduction
The House Tax is levied on houses attached to land and other buildings that enhance the utility value of these houses. The House Tax shall be collected from the house owners as a form of asset tax. In addition to regularly configured housing structures, all other types of specially configured buildings intended for residential, business or industrial use, such as loft buildings or other irregularly shaped warehouses, fuel tanks or gas stations, are also subject to the House Tax.
Part 2 Calculation of the House Tax
I. The House Tax is not levied based on the building cost or market value, but rather on the assessed value of the standard price and applicable tax rate, which is calculated using the formula below:
Standard house price x Size (acreage) x (1 - Applicable depreciation rate x Years of depreciation) x Adjustment rate based on the level/class of street or road x Applicable tax rate = Payable house tax.
II. The specific house tax is classified by the following tax rates:
|
House Usage |
Statutory Tax Rate |
|
|
For residential purposes |
Used by the owner, his or her spouse or relatives of direct lineage of the household |
1.2% |
|
The house owner, his/her spouse, and his/her minor children own only one house in the whole country, and such house is thereby used for residential purposes by the owner, his/her spouse or relatives of direct lineage and the current value thereof is below a certain threshold. |
1% |
|
|
Leased for public welfare purposes by a landlord |
1.2% |
|
|
House with a declared rental income reaching the local prevailing rental standard specified or inherited jointly-owned residential properties |
1.5%~2.4% |
|
|
A house for sale, held by the builder with a Usage License specifying residential purposes, within two (2) years of the house tax becoming payable. |
2%~3.6% |
|
|
For other residential purposes |
2%~4.8% |
|
|
For non-residential purposes |
For a house used for doing business, or for operating a private hospital, a private clinic, or a professional office |
3%~5% |
|
For a house used as the premises of a non-profit civil organization |
1.5%~2.5% |
|
1. A house that serves both residential and non-residential purposes at the same time, shall have the actual tax levy calculated based on the actual area used for residential and non-residential purposes. However, for non-residential use, the tax shall be levied at no less than one-sixth of the total house area.
2.In the event of a change in the use of a house, the taxpayer shall report the change to the local competent tax authority at least forty days in advance of the commencement of the collection period for each taxable year. If the taxpayer fails to report the change in time, the new tax rate will become applicable from the next collection period after the taxpayer's report.
- Date：2018-08-29
- Department：Planning Service Division
- Update：2024-10-30
- Count Views：3481