Land Tax Act.

This Act, consisting of seven Chapters divided into 59 Articles, concerns the assessment of land value and related tax. The Act provides for the land value tax (Chapter 2), the agricultural land tax (Part 3) and land value increment tax (Chapter 4), the tax collection procedure (Chapter 5), and for offences and penalties (Chapter 6).
The land tax is classified into land value tax, agricultural land tax, and land value increment tax (art.1). The taxpayers of land value tax or agricultural land tax shall be: 1. The land title owner. 2. For land with Dien created, the Dien holder. 3. For bestowed land, the bestowee. 4. For land assigned for farming, the farmer. Non-urban land designated as agricultural land by law or not having an assessed value shall be subject to agricultural land tax.