Enforcement Rules of the Estate and Gift Tax Act Article 49

Where the competent tax authority has approved the use of lands, buildings, or other objects for tax payment, the taxpayer shall submit relevant documents or properties to the competent tax authority within thirty (30) days of the receipt of the approval notice for processing of tax payment in kind.In case that the property for paying estate tax in kind is jointly owned by the heirs in common under the preceding paragraph, the following documents shall be presented:1.Inheritance registration and transfer registration application forms.2.A letter of consent to surrender the properties for estate tax payment signed by the heirs under the provisions of Paragraph 7, Article 30 of the Act; in the event of waiver of the right of inheritance, a certification from the court shall be attached for reference.3.The ownership certificate of the land or building, or the document of proof of other properties, or the property to be surrendered for tax payment.4.A letter of affidavit signed by the heirs under the provisions of Paragraph 7, Article 30 of the Act, stating that if the government should announce expropriation of the land surrendered for tax payment before the completion of the registration to transfer the land into national property, the compensation thus paid for the land price shall be collected by the National Property Administration, Ministry of Finance.5.Other required documents pursuant to relevant rules and regulations.In case that the property for payment in kind owned by the taxpayer is other than those assets listed under Paragraph 1, the following shall be submitted:1.The transfer registration application form.2.The ownership certificate of the land or building, or the document of proof of other properties, or the property to be surrendered for tax payment.3.Other required documents pursuant to relevant rules and regulations.