The Impact of Integrated Housing and Land Taxation on Giving Behavior

Abstract

The amendment to the Income Tax Act which introduces the tax system of Income Tax on the Consolidated Income from House and Land Transactions became effective from January 1 2016 to construct a fair and sound real estate tax system This study selected the number of land and housing ownership transfer by gift in the whole country New Taipei City Taipei City Taoyuan City Taichung City Tainan City Kaohsiung City and other counties/cities from January 2014 to December 2016 and examined the impact of the new income tax system on real estate gifts using paired sample t-test We found that the number of real estate gifts was not affected after the release of the new income tax policy However real estate gifts did show a significant decline since the new tax system took effect on January 1 2016 It indicates that the new income tax system has also dampened the amount of real estate gifts that have been climbing year after year since the estate and gift tax rates were reduced in 2009

Date of Award	2020
Original language	English
Supervisor	Hsuan-Chu Lin (Supervisor)