Income Tax Act Article 24-5
Income or losses derived from transactions of house and land by a profit-seeking enterprise for the current year, where the amount of the income or losses shall be the total revenue minus the costs, expenses, and losses. However, the land value increment tax paid in accordance with the Land Tax Act shall be excluded from the expenses, unless such tax paid is prorated to the part of the total amount of land value increment not being deducted from the amount of the income.Income derived from transactions of house and land by a profit-seeking enterprise and calculated in accordance with the preceding Paragraph, after deduction of the total amount of land value increment calculated in accordance with the assessed present value provided in Paragraph 1, Article 30 of the Land Tax Act, shall not be added to the amount of income of the profit-seeking enterprise. The tax payable shall be computed separately in accordance with the following tax rates. If the enterprise has no fixed establishment within the territory of the Republic of China, its business agent or an entrusted agent shall be responsible for the filing of the income tax return and the payment of tax.1. For a profit-seeking enterprise having its head office within the territory of the Republic of China:(1) The transferred house and land that have been held for a period of no more than 2 years shall be taxed at 45%.(2) The transferred house and land that have been held for a period of more than 2 years but no more than 5 years shall be taxed at 35%.(3) The transferred house and land that have been held for a period of more than 5 years shall be taxed at 20%.(4) House and land that have been held for a period of no more than 5 years and are transferred because of any involuntary cause announced by the MOF shall be taxed at 20%.(5) A profit-seeking enterprise who sells house and land, where the house is built in partnership with a business entity and the share of land associated with the unit has been held for a period of no more than 5 years, shall be taxed at 20%.(6) House and the share of land associated with the house that are transferred for the first time after the completion of construction and have been held for a period of no more than 5 years, where the house and land are acquired through participation in urban renewal by providing land, legal buildings, other rights, or capital in accordance with the Urban Renewal Act or participation in reconstruction in accordance with the Statute for Expediting Reconstruction of Urban Unsafe and Old Buildings, shall be taxed at 20%.2. For a profit-seeking enterprise having its head office outside the territory of the Republic of China:(1) The transferred house and land that have been held for a period of no more than 2 years shall be taxed at 45%.(2) The transferred house and land that have been held for a period of more than 2 years shall be taxed at 35%The amount of losses derived from transactions of house and land by a profit-seeking enterprise for the current year calculated in accordance with Paragraph 1 shall be deducted first from the income derived from transactions of house and land computed at the same applicable tax rate for the current year. Only when such income is insufficient to be deducted, may the portion of losses which are not yet deducted be deducted from the income derived from transactions of house and land computed at the different applicable tax rate for the current year. If there is a balance of losses after the subtraction in the current year, the losses may be deducted from the income derived from transactions of house and land within ten years from the year after such losses are derived.A house and the share of land associated with the house that are transferred for the first time after the completion of construction shall be exempt from application of the preceding two Paragraphs. Income derived from such transactions of house and land by a profit-seeking enterprise calculated in accordance with Paragraph 1, after deduction of the total amount of land value increment calculated in accordance with the assessed present value provided in Paragraph 1, Article 30 of the Land Tax Act, shall be added to the amount of income of the profit-seeking enterprise. If the balance is a negative figure, the transaction income shall be counted as zero. The losses derived from transaction of house and land may be deducted from the income of the profit-seeking enterprise. However, the total amount of land value increment prescribed above shall not be deducted.In the course of an investigation or a recheck conducted by the tax authority, where a profit-seeking enterprise fails to present the account books and documents of evidence to prove the amount of his income derived from a transaction of house and land, the tax authority shall determine the amount of the transaction income based on the investigative information. When the investigative information of the cost or expense is not available, the tax authority may assess the cost, based on the assessed value of the house and the present value of the land at the time of acquisition (which shall be duly adjusted with the price index announced by the government), and may assess the expense, based on 3% of the transaction price, and such expense shall not exceed NT$300,000.A profit-seeking enterprise organized as a sole proprietorship or a partnership that has any income derived from transactions of house and land shall be subject to assessment of income tax in accordance with Articles 14-4 through 14-7 of this Act, and such income shall not be added to the amount of income of the profit-seeking enterprise. The preceding five Paragraphs shall not apply to a profit-seeking enterprise organized as a sole proprietorship or a partnership.
中文原文 所得稅法第24-5條
營利事業當年度房屋、土地交易所得或損失之計算，以其收入減除相關成本、費用或損失後之餘額為所得額。
但依土地稅法規定繳納之土地增值稅，除屬未自該房屋、土地交易所得額減除之土地漲價總數額部分之稅額外，不得列為成本費用。
營利事業依前項規定計算之房屋、土地交易所得，減除依土地稅法第三十條第一項規定公告土地現值計算之土地漲價總數額後之餘額，不併計營利事業所得額，按下列規定稅率分開計算應納稅額，合併報繳；其在中華民國境內無固定營業場所者，由營業代理人或其委託之代理人代為申報納稅：
一、總機構在中華民國境內之營利事業：
（一）持有房屋、土地之期間在二年以內者，稅率為百分之四十五。
（二）持有房屋、土地之期間超過二年，未逾五年者，稅率為百分之三十五。
（三）持有房屋、土地之期間超過五年者，稅率為百分之二十。
（四）因財政部公告之非自願性因素，交易持有期間在五年以下之房屋、土地者，稅率為百分之二十。
（五）營利事業以自有土地與營利事業合作興建房屋，自土地取得之日起算五年內完成並銷售該房屋、土地者，稅率為百分之二十。
（六）營利事業提供土地、合法建築物、他項權利或資金，依都市更新條例參與都市更新，或依都市危險及老舊建築物加速重建條例參與重建，於興建房屋完成後取得之房屋及其坐落基地第一次移轉且其持有期間在五年以下者，稅率為百分之二十。
二、總機構在中華民國境外之營利事業：
（一）持有房屋、土地之期間在二年以內者，稅率為百分之四十五。
（二）持有房屋、土地之期間超過二年者，稅率為百分之三十五。
營利事業依第一項規定計算之當年度房屋、土地交易損失，應先自當年度適用相同稅率之房屋、土地交易所得中減除，減除不足部分，得自當年度適用不同稅率之房屋、土地交易所得中減除，減除後尚有未減除餘額部分，得自交易年度之次年起十年內之房屋、土地交易所得減除。
營利事業交易其興建房屋完成後第一次移轉之房屋及其坐落基地，不適用前二項規定，其依第一項規定計算之房屋、土地交易所得額，減除依土地稅法第三十條第一項規定公告土地現值計算之土地漲價總數額後之餘額，計入營利事業所得額課稅，餘額為負數者，以零計算；其交易所得額為負者，得自營利事業所得額中減除，但不得減除土地漲價總數額。
稽徵機關進行調查或復查時，營利事業未提示有關房屋、土地交易所得額之帳簿、文據者，稽徵機關應依查得資料核定；成本或費用無查得資料者，得依原始取得時房屋評定現值及公告土地現值按政府發布之消費者物價指數調整後，核定其成本，其費用按成交價額百分之三計算，並以三十萬元為限。
獨資、合夥組織營利事業交易房屋、土地，應由獨資資本主或合夥組織合夥人就該房屋、土地交易所得額，依第十四條之四至第十四條之七規定課徵所得稅，不計入獨資、合夥組織營利事業之所得額，不適用前五項規定。
但依土地稅法規定繳納之土地增值稅，除屬未自該房屋、土地交易所得額減除之土地漲價總數額部分之稅額外，不得列為成本費用。
營利事業依前項規定計算之房屋、土地交易所得，減除依土地稅法第三十條第一項規定公告土地現值計算之土地漲價總數額後之餘額，不併計營利事業所得額，按下列規定稅率分開計算應納稅額，合併報繳；其在中華民國境內無固定營業場所者，由營業代理人或其委託之代理人代為申報納稅：
一、總機構在中華民國境內之營利事業：
（一）持有房屋、土地之期間在二年以內者，稅率為百分之四十五。
（二）持有房屋、土地之期間超過二年，未逾五年者，稅率為百分之三十五。
（三）持有房屋、土地之期間超過五年者，稅率為百分之二十。
（四）因財政部公告之非自願性因素，交易持有期間在五年以下之房屋、土地者，稅率為百分之二十。
（五）營利事業以自有土地與營利事業合作興建房屋，自土地取得之日起算五年內完成並銷售該房屋、土地者，稅率為百分之二十。
（六）營利事業提供土地、合法建築物、他項權利或資金，依都市更新條例參與都市更新，或依都市危險及老舊建築物加速重建條例參與重建，於興建房屋完成後取得之房屋及其坐落基地第一次移轉且其持有期間在五年以下者，稅率為百分之二十。
二、總機構在中華民國境外之營利事業：
（一）持有房屋、土地之期間在二年以內者，稅率為百分之四十五。
（二）持有房屋、土地之期間超過二年者，稅率為百分之三十五。
營利事業依第一項規定計算之當年度房屋、土地交易損失，應先自當年度適用相同稅率之房屋、土地交易所得中減除，減除不足部分，得自當年度適用不同稅率之房屋、土地交易所得中減除，減除後尚有未減除餘額部分，得自交易年度之次年起十年內之房屋、土地交易所得減除。
營利事業交易其興建房屋完成後第一次移轉之房屋及其坐落基地，不適用前二項規定，其依第一項規定計算之房屋、土地交易所得額，減除依土地稅法第三十條第一項規定公告土地現值計算之土地漲價總數額後之餘額，計入營利事業所得額課稅，餘額為負數者，以零計算；其交易所得額為負者，得自營利事業所得額中減除，但不得減除土地漲價總數額。
稽徵機關進行調查或復查時，營利事業未提示有關房屋、土地交易所得額之帳簿、文據者，稽徵機關應依查得資料核定；成本或費用無查得資料者，得依原始取得時房屋評定現值及公告土地現值按政府發布之消費者物價指數調整後，核定其成本，其費用按成交價額百分之三計算，並以三十萬元為限。
獨資、合夥組織營利事業交易房屋、土地，應由獨資資本主或合夥組織合夥人就該房屋、土地交易所得額，依第十四條之四至第十四條之七規定課徵所得稅，不計入獨資、合夥組織營利事業之所得額，不適用前五項規定。