| Eligibility |
Laws & Regulations of Tax Reduction and Exemption or Tax Incentives |
| Documents exempt from stamp tax |
|
The following documents are exempted from the levy of stamp tax
|
| 3. |
Deeds or documents executed by government-owned or private enterprises internally and not involved in rights or obligations with third parties, including those issued for internal use between the head office and branches. |
| 4. |
Debit notes sent out for claim of payments or audit purposes. |
| 5. |
Duplicates or transcripts where a tax stamp has been affixed to the original document. |
| 6. |
Bus tickets, train tickets, boat tickets, air tickets and other tickets for carriage of passengers or cargoes. |
| 8. |
Receipts identifying payment of salaries or wages |
| 10. |
Receipts for taxes or donations to the government issued by collecting agencies. |
| 12. |
Receipts identifying tax returns. |
| 14. |
Receipts for donations issued by corporate entities organized for educational, cultural, public/social welfare, or charitable purposes. |
| 16. |
Contracts for the construction or repair of aircraft, ships or boats engaged in transnational transport. |
|
| Financial holding companies or its subsidiaries |
After being approved by the competent authority to convert into a financial holding company or a subsidiary of a financial holding company, a financial institution shall comply with the following provisions:
| 3. |
The stamp tax, deed tax, income tax and securities transfer tax arising from the transfer of business shall not be levied. |
|
| Companies or institutions implementing asset trust securitization plans |
For the asset transfer made in accordance with the asset trust securitization plan approved by or effectively registered with the competent authority pursuant to this Act, the taxation shall be dealt with as follows:
| 1. |
Except for the deed tax payable by the Trustee when it disposes of real estate, the stamp duty, deed tax and business tax imposed on the asset transfer shall be exempted. |
|
| Companies engaging in merger/consolidation and acquisition |
In carrying on a division or the acquisition of assets or shares by a company pursuant to Articles 27 through 30 of this Act, with the shares entitled with voting rights as the consideration to pay the company so merged/consolidated and acquired while such shares are at a value not less than sixty-five percent of the total consideration, or where a company is carrying on the merger/consolidation, the following shall apply:
| 1. |
Any and all deeds and certificates so created are exempted from stamp tax. |
|
| Financial institutions |
Where the merger of Financial Institutions is approved by the Competent Authority, the Surviving Institution or the Newly Incorporated Institution may, when applying for amendment registration of the real estate owned by the Extinguished Institution, its movable properties that require registration and all encumbrances, directly process the registration against the certificate issued by the Competent Authority, without paying registration fees, in the following manner:
| 1. |
The stamp tax and deed tax incurred by the merger shall be exempted. |
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