Land value increment tax is collected or
pre-collected on the total incremental
value at the time of the transfer of the
title of land, or the establishment of
pledge with land, which has previously
been set at a certain value.
Taxpayer:
1.
For
land transferred with
compensation, the original land
owner.
2.
For
land transferred without
compensation, the acquired title
owner.
3.
For
land with pledge established,
the pledger.
Main applicable laws and regulations:
Land Tax Act, Enforcement Rules of the
Land Tax Act, The Equalization of Land
Rights Act, The Agricultural Development
Act, Enforcement Rules of the
Equalization of Land Rights Act
