|Eligibility||Laws & Regulations of Tax Reduction and Exemption or Tax Incentives|
|Small and medium enterprises||Act For Development Of Small And Medium Enterprises Article 33
Act For Development Of Small And Medium Enterprises Article 34
|Owner of Self-Operated Factory Land||Land Tax Act Article 35
When a landowner who has sold his/her land or has had his/her land requisitioned by the government acquires another parcel of land within two years following the completion of transfer registration or following the day the land value compensation was received, and the acquisition meets any of the following provisions, if the value of the acquired land is in excess of the balance of the original value of land sold or the compensated land value less the land value increment tax paid, the landowner may apply to the tax authority for refund of the portion of land value increment tax paid to make up the difference to be paid for the reacquisition of land:
2. After self-operated factory land has been sold or requisitioned, the original owner acquires another parcel of land for factory building in another industrial zone as designated by urban planning or on government-designated industrial land.
The provisions in the preceding paragraph applies if a landowner sells his/her land or has had his/her land requisitioned within two years after the registration of title transfer for the acquisition of another land is completed.
Land Tax Act Article 37
If the land value increment tax has been refunded to a landowner due to reacquisition, and the landowner transfers the reacquired land within five years from the day the transfer registration is completed for the reacquisition, said landowner shall be levied land value increment tax for subsequent transfer in addition to paying back the tax refunded; the preceding provision applies if the reacquired land is being used for purposes other than the original purpose.
|Companies engaging in acquisitions||Business Mergers And Acquisitions Act Article 39|
|Bridge bank||Deposit Insurance Act Article 37|
|Financial holding company or its subsidiary||Financial Holding Company Act Article 28|
|Transfer of assets according to securitization plan||Financial Asset Securitization Act Article 38|
|Financial institutions||The Financial Institutions Merger Act Article 13|
|Enterprises investing in the industries favorable for the development of new towns||New Town Development Act Article 24|