Tax Base of Individual House and Land Transactions Income Tax

Abstract

Since January 1 2016 Individual House and Land Transactions Income Tax has been implemented in our country It levied transaction income tax on the combination of houses and land but still retained Land Value Increment Tax at the same time In the case of “free acquisition” using the current value of the house and the assessed present value of land as the original acquisition cost which is against Ability To Pay Principle However the fundamental problem is that using “at the time of inheritance or donation” as the time of acquisition which will cause “the price increase benefit during the donator or the deceased's acquisition of real estate until the donation or inheritance occurs” never be taxed About “Related Expenses” it will be determined according to 5% of the transaction price and it is contrary to Tax Estimation should be equivalent to the actual income of the taxpayer Furthermore Individual House and Land Transactions Income Tax is coexisting with The Land Value Increment Tax and that may cause the Double Taxation After the implementation of Real Price Registration System this thesis considers that the system is part of the cooperative obligation of Individual House and Land Transactions Income Tax Therefore this thesis analyzes Real Price Registration System and discuss the feasibility of combining two systems At last this thesis takes three actual judgments as cases analyzing the gap between the norms and the actual situation

Date of Award	2020
Original language	English
Supervisor	Wen-Chin Chen (Supervisor)