The Equalization of Land Rights Act Article 17

A land value tax based on the declared land value shall be levied in the area where the land value has been assessed.In the event that a taxpayer is difficult to pay the land tax within the statutory period for tax payment upon the adjustment of the announced land value, an application may be filed with the competent tax collection authorities within the statutory period for tax payment for the deferral of the tax payment or for payment by installments; the period of such deferral and installment payments shall not exceed six months and one year, respectively.The Special Municipal Government and the County / City Government may stipulate the deferral or installment payment regulation referred to in the preceding Paragraph, as necessary in view of the socio- economic situation and the actual needs.