Act Governing the Closure of Private Educational Institutions at Senior High School or Higher Level Article 23

For the remaining property donated to the Fund, a central government agency, or a public school not set up by the local government after the dissolution and liquidation based on the decision of the school legal persons’s board of directors, the originally exempted land value increment tax on donated land pursuant to Article 28-1 of the Land Tax Act shall be made up and paid by the Fund, the central government agency, or the public school not set up by the local government when accepting the donated land.