A resident wants to use industrial land as investment in kind, and a foreign investor wants to use the

If the resident is not conducting business:

– there are no benefits regarding the deduction of transfer income tax, and also the
transferee does not get any benefits regarding acquisition or registration tax.

If the resident is in manufacturing, mining, or construction business fulfilling conditions pursuant to the Special Tax Treatment Control Law.

– the transfer income tax is carried forward until transferring the real estate.
– the acquisition and registration tax are exempted.