Enforcement Rules of the Income Tax Act Article 25-2

Where the taxpayer applies for tax credits or tax refunds of the consolidated income tax paid in accordance with Article 17-2 of the Act due to repurchase of another building for self-use, the taxpayer shall submit the following certification documents to the tax authority having jurisdiction where the registered household is in the year the application for such deduction or tax return is filed:1. The copy of the contracts of the sale of one building and the purchase of the other for self-use and the copy of the certification of receiving and of paying the price of the buildings; or the copy of the contracts used to conduct registration of the transfer of the sold and of the purchased buildings for self-use with the land administration.2. The copy of the certificates of ownership of the sold and of the purchased buildings for self-use; or the transcripts of building transfer.3. The household certificates of the years in which the buildings were sold and purchased.Where the buildings for sale and repurchase are not in the same special municipality or county/city, the handling tax authority shall write and have the tax authority at the place where the building for sale and repurchase are located verify the relevant information before this matter can be handled; after deduction or tax return is approved, the taxpayer shall immediately inform the tax authority at the place where the building for sale or repurchase is located of the relevant information.The consolidated income tax amount for deduction or return stated in Paragraph 1 refers to the consolidated income tax amount increased due to addition of the property transaction income when the consolidated income for the same year is ascertained.