House Tax Act Article 6

The house tax rates set by the municipal and county (city) governments within the range of the tax rates stipulated under the preceding article shall be submitted to and approved by the local representative assembly and reported to the MOF for recordation.After July 1, 2024, for the municipal and county (city) governments having levied house tax in accordance with the provisions of Subparagraph 1 of Paragraph 1, Paragraph 2 and Paragraph 5 of the preceding article, and in compliance with the provisions of Paragraph 6 of the preceding article. If there is still a substantial net loss of tax revenue, before the amendment to the Act Governing the Allocation of Government Revenues and Expenditures to expand the scale of centrally coordinated tax distribution comes into effect, the loss for that period shall be made up by the central government, and shall not be subject to the provisions of Article 23 of the Budget Act about proceeds from public debt cannot be used for current expenditures.The calculation of the actual substantial net tax loss in the preceding paragraph shall be determined by the MOF in consultation with the municipal and county (city) governments.After July 1, 2024, if municipalities and county (city) governments levy house tax without setting differential tax rates in accordance with the provisions of Paragraph 2 of the preceding Article, the tax for that period shall be calculated based on the basis set by Paragraph 6 of the preceding Article.