The Equalization of Land Rights Act Article 42-1

For the land compensated by cash due to zone expropriation, it shall be exempted from the liability of the land value increment tax as provided by Subparagraph 1 of the preceding Paragraph. But if its compensation is paid in cash due to the area of imputed land being less than the minimum unit area required for construction according to the provisions of Paragraph 3 of Article 54, then it shall be exempted from the liability of the land value increment tax too.The land of zone expropriation shall be exempted from the liability of the land value increment tax if its compensation is imputed to land-in-lieu-of cash as provided by Paragraphs 1 and 2 of Article 54. But for the first transfer of the ownership after receiving the imputed land, the calculation of its land value increments, for the levy of land value increment tax, shall be based on the actual imputed land value as its “original value of land”, and Subparagraph four of the preceding Paragraph shall, mutatis mutandis, apply.