Estate and Gift Tax Act Article 58-1

After the implementation of the amendments to this Act on January 12, 2009, any actual annual revenue losses incurred by local governments as stipulated by the Act Governing the Allocation of Government Revenues and Expenditures shall be compensated by the central government until the provisions expanding the scale of centrally allocated tax revenues under the revised Act Governing the Allocation of Government Revenues and Expenditures come into effect. This compensation shall not be subject to the restriction in Article 23 of the Budget Act that the revenues from government bonds shall not be used for current expenditures.The actual revenue loss mentioned in the preceding paragraph shall be calculated as the difference between the average annual revenue from estate tax and gift tax of each local government for the three years prior to the implementation of the amendments on January 12, 2009, and the revenue from estate tax and gift tax for the current or subsequent years after the implementation, rounded to the nearest NT$10,000.