The Enforcement Rules of the Land Tax Act Article 44

Landowners filing a declaration within the jurisdiction of the Act, for a sold self-use residential land with an area exceeding the limit specified under Paragraph 1 or Subparagraph 1, Paragraph 5, Article 34 of the Act shall calculate to the area limitation in accordance with the priority of applicability that the landowners selected; if not selected by the landowners, the applicable priority refers to the land value increment tax calculated according to Article 33 of the Act from high to low.For sold self-use residential land which has not been assessed in accordance with Paragraph 1, Article 34 which came into force on January 13, 2014, or Paragraph 5 of the same Article which came into force on September 23, 2021, the provisions of the preceding paragraph shall apply.