According to National Taxation Bureau of the Northern Area (NTBNA), Ministry of Finance, the specifically selected goods and services tax shall be imposed, in accordance with the provisions of The Specifically Selected Goods and Services Tax Act, on the sale, manufacture, and import of specifically selected goods or the sale of specifically selected services within the territory of the Republic of China.
     The specifically selected goods regulated by this Act are the following:
1. Buildings and land: Any unit of a building and the share of land associated with the unit, or any urban land and industrial land in non-urban areas for which a construction permit may lawfully be issued, that has been held for a period of no more than 2 years.
2. Passenger cars: Any passenger car that, including the driver’s seat, has nine seats or less and a selling price or taxable value of not less than NT$3 million.
3. Yachts: Any yacht with a full length of not less than 30.48 meters.
4. Airplanes, helicopters, and ultra-light vehicles: Any airplane, helicopter, or ultra-light vehicle with a selling price or taxable value of not less than NT$3 million.
5. Turtle shells, hawksbill, coral, ivory, furs, and their products: Any of the aforesaid items that has a selling price or taxable value of not less than NT$500,000, excluding those that are not protected species under the Wildlife Conservation Act, or products made from them.
6. Furniture: Any item of furniture with a selling price or taxable value of not less than NT$500,000.
     As referred to in this Act, “specifically selected services” means any membership rights with a selling price of not less than NT$500,000, except when in the nature of a refundable deposit.
     The NTBNA would like to remind taxpayers that the tax rate for the specifically selected goods and services tax is 10 percent, provided that the tax rate for the buildings and land is 15 percent if the holding period is no more than 1 year. However, since January 1, 2016, the Specifically Selected Goods and Services Tax Act has ceased to apply on the sale contract to sell buildings and land. If there are any questions, please call the toll-free number 0800-000321, or directly contact the National Taxation Bureaus, regional taxation branches, or offices for further information.