Property Taxation as a National Policy Tool in Taiwan

Property taxation in Tawain includes the house tax and the land tax. There are three types of land taxes: the Agriculture land tax (ALT), the land value tax (LVT), and the land value increment tax (LVIT). According to the law, landowners had to pay either the ALT or the LVT annually, according to whether their land was used for agricultural or nonagricultural purposes. The ALT, however, was suspended in 1987. The LVIT is a capital gains tax imposed on sellers of property when the title of the land is transferred.