CHAPTER Ⅰ GENERAL PROVISIONS Article 1 (Purpose) The purpose of this Ordinance is to provide for matters relating to the exemption from and unequal imposition of Seoul Metropolitan Government taxes under Articles 7 and 9 of the Local Tax Act.

CHAPTER Ⅱ TAX REDUCTION OR EXEMPTION FOR SUPPORTING SOCIAL WELFARE Article 2 (Tax Reduction or Exemption for Persons of Distinguished Service to the State, their Survivors, etc.) (1) Real estate in a self-support veterans' village for persons of distinguished service to the State under Article 88-4 of the Enforcement Decree of the Act on the Honorable Treatment and Support of Persons, etc. of Distinguished Service to the State shall be exempted from acquisition tax, registration tax, urban planning tax, and common facility tax, if the real estate has been acquired and owned by a person wounded while rendering distinguished service to the State and residing in the self-support veterans' village or by an organization comprised of such wounded veterans, and real estate in a self-support veterans' village for persons of distinguished service to the State shall be exempted from acquisition tax and registration tax, if it has been acquired by any survivor of a wounded veteran residing in the self-support veterans' village. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) If a person eligible for receiving a loan under the Act on the Honorable Treatment and Support of Persons, etc. of Distinguished Service to the State, the Act on the Honorable Treatment of Persons of Distinguished Service to the 5·18 Democratization Movement, or the Act on Assistance to the Persons Engaged in Special Military Mission and Establishment of their Organizations acquires a residential house and land appurtenant thereto with a net area of not more than 85 square meters with a loan under the relevant Act, such residential house and land (including the part exceeding the amount of the loan) shall be exempted from acquisition tax and registration tax. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(3) Any one of the following vehicles registered by a person in any of Wound GradesⅠ through Ⅶ set out in Table 3 to the Enforcement Decree of the Act on the Honorable Treatment and Support of Persons, etc. of Distinguished Service to the State, Physical Disability Grades Ⅰ through ⅩⅣ set out in Table 3 to the Enforcement Decree of the Act on Compensation to Persons Associated with the May 18th Democratization Movement and Similar Matters or Disability Grades set out in Table 1 to the Enforcement Decree of the Act on Assistance, etc. to Patients Suffering from Actual or Potential Aftereffects of Defoliants (hereinafter referred to as "person in any Wound Grade, etc.") in the name of him/her or his/her spouse, lineal ascendant or lineal descendant, a spouse of his/her lineal descendant, or his/her brother or sister (hereinafter referred to as "person of distinguished service to the State, etc.") stated in a household resident register under the Resident Registration Act (limited to cases where such registration is made jointly with him/her, when it is made in the name of any other person), and which is used for his/her own sake, shall be exempted from acquisition tax, registration tax and vehicle tax: Provided, That when another vehicle is acquired in addition to the vehicle already exempted from the said taxes, such another vehicle shall not be deemed to be registered for use in the name of a person of distinguished service to the State, etc., and when he/she or any other person who has filed such registration jointly with him/her transfers the ownership of the vehicle (excluding cases where the ownership of a vehicle held by a person eligible for joint registration with a person in any Wound Grade, etc. is transferred to the latter who is the other party to such joint registration and where the registration thereof is converted between those eligible for joint registration with a person in any Wound Grade, etc.) or establishes a new household without any unavoidable ground, including the death, marriage, emigration, revocation of a driving license, etc. within one year after such registration, the acquisition tax and the registration tax from which the vehicle is exempted shall be collected: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. Any of the following automobiles:
(a) An automobile of two thousand-cubic-centimeter displacement or less;
(b) An automobile with a capacity of not less than seven nor more than ten persons (excluding vehicles which fall within the category of automobiles on or before December 31, 2000 under the Automobile Management Act and any other similar vehicle);
(c) A truck which comes to be categorized as an automobile on or after January 1, 2006 in accordance with the vehicle classification standards under the Automobile Management Act (excluding those that have been categorized as an automobile on or before December 31, 2005);
2. An omnibus with a capacity of not more than 15 persons;
3. A truck, the loading capacity of which is not more than one ton;
4. A two-wheeled vehicle.
(4) Where acquisition tax, registration tax and vehicle tax are exempted under paragraph (3), if a vehicle falling within any subparagraph of paragraph (3) subject to the tax exemption falls under any of the following subparagraphs within 30 days after the registration of the vehicle, it shall be deemed that the relevant person does not own the said vehicle, irrespective of such registration:
1. A vehicle whose transfer to any person other than persons of distinguished service to the State, etc. or cancellation of registration is registered;
2. A vehicle for sale with respect to which the fact stated by a vehicle sales business operator provided for in the Automobile Management Act under Article 59 (2) of the same Act is verified: Provided, That this shall not apply if such vehicle is not sold and is returned or transferred to any person of distinguished service to the State, etc. and such transfer is registered;
3. A vehicle deemed to be irrecoverable or unusable by the head of the competent Gu due to destruction, demolition or breakdown caused by any natural disaster, fire, traffic accident, etc.;
4. A vehicle certified as having been scrapped in a vehicle scrapyard registered under the Automobile Management Act;
5. A vehicle exported after making a declaration of such exportation to the head of the competent customhouse.

Article 3 (Tax Reduction or Exemption for Vehicles for Persons with Disabilities) (1) Any one of the following vehicles registered by a person with a disability in any of Disability Grades Ⅰ through Ⅲ (Grades Ⅰ through Ⅳ, in cases of a visually disabled person) registered under the Welfare of Disabled Persons Act in the name of him/her or his/her spouse, lineal ascendant or lineal descendant, a spouse of his/her lineal descendant, or his/her brother or sister (hereinafter referred to as "person with a disability, etc.") stated in a household resident register under the Resident Registration Act (when it is registered in the name of any person other than the person with a disability, limited to registration filed jointly with the person with a disability), and which is used for his/her own sake, shall be exempted from acquisition tax, registration tax and vehicle tax: Provided, That when another vehicle is acquired in addition to the vehicle already exempted from the said taxes, such another vehicle shall not be deemed to be registered for use in the name of a person with a disability, etc., and when the person with a disability, etc. or any other person who has filed such registration jointly with him/her transfers the ownership of the vehicle (excluding cases where the ownership of a vehicle held by a person eligible for joint registration with the person with a disability, etc. is transferred to the latter who is the other party to such joint registration and where the registration thereof is converted between those eligible for joint registration with the person with a disability, etc.) or establishes a new household without any unavoidable ground including death, marriage, emigration, revocation of a driving license, etc. within one year after such registration, the acquisition tax and the registration tax from which the vehicle is exempted shall be collected: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. Any of the following automobiles:
(a) An automobile of two thousand-cubic-centimeter displacement or less;
(b) An automobile with a capacity of not less than seven nor more than ten persons (excluding vehicles which fall within the category of automobiles on or before December 31, 2000 under the Automobile Management Act and any other similar vehicle);
(c) A truck which falls within the category of an automobile on or after January 1, 2006 in accordance with the vehicle classification standards under the Automobile Management Act (excluding those that have been categorized as an automobile on or before December 31, 2005);
2. An omnibus with a capacity of not more than 15 persons;
3. A truck, the loading capacity of which is not more than one ton;
4. A two-wheeled vehicle.
(2) Where acquisition tax, registration tax and vehicle tax are exempted with regard to a vehicle for a person with a disability under paragraph (1), the provisions of Article 2 (4) shall apply mutatis mutandis to the ownership of a vehicle that has already been exempted from the taxes.

Article 4 (Tax Reduction or Exemption for Support of Childbirth and Raising of Children) (1) Acquisition tax and registration tax, the reduction or exemption of which is initially applied for with respect to any one of the following vehicles (including cases where the vehicle is transferred or the cancellation of its registration is registered within 30 days after acquiring and registering a new vehicle with a view to selling or scrapping the former) and which is acquired by a member of a family pursuant to Article 3 of the Framework Act on Healthy Families raising three or more children below 18 years of age (including adopted children, and children and adopted children of his/her spouse) registered in the family relationship register under the Act on the Registration, etc. of Family Relationship for the purpose of caring for such children (including cases where the existing vehicle is transferred or the cancellation of its registration is registered within 30 days after registering a new vehicle with a view to selling or scrapping the existing vehicle), shall be reduced by 50/100: <Amended by Ordinance No. 4889, Dec. 31, 2009; Ordinance No. 4945, Mar. 2, 2010>
1. Any of the following automobiles:
(a) An automobile of two thousand-cubic-centimeter displacement or less;
(b) An automobile with a capacity of not less than seven nor more than ten persons (excluding vehicles that fall within the category of automobiles on or before December 31, 2000 under the Automobile Management Act and any other similar vehicle);
(c) A truck that falls within the category of automobiles on or after January 1, 2006 in accordance with the vehicle classification standards under the Automobile Management Act (excluding those that have been categorized as an automobile on or before December 31, 2005);
2. An omnibus with a capacity of not more than 15 persons;
3. A truck, the loading capacity of which is not more than one ton;
4. A two-wheeled vehicle.
(2) When any person who is granted a reduction of or exemption from acquisition tax and registration tax pursuant to paragraph (1) transfers the ownership of the vehicle concerned without any unavoidable ground, such as death, marriage, emigration, revocation of his/her driving license, etc. within one year after the registration of the vehicle, the acquisition tax and the registration tax so reduced or exempted shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(3) If any such vehicle referred to in paragraph (1) falls within any of the following subparagraphs, it shall be deemed that the said vehicle is not owned, irrespective of its registration:
1. A vehicle for sale with respect to which the fact stated by a vehicle sales business operator provided for in the Automobile Management Act under Article 59 (2) of the same Act is verified: Provided, That this shall not apply if such vehicle is not sold and is returned to the owner;
2. A vehicle deemed to be irrecoverable or unusable by the head of the competent Gu due to destruction, demolition or breakdown caused by any natural disaster, fire, traffic accident, etc.;
3. A vehicle certified as having been scrapped in a vehicle scrapyard registered under the Automobile Management Act; or
4. A vehicle exported after making a declaration of such exportation to the head of the competent customhouse.

Article 5 (Tax Reduction or Exemption for Support for Hansen's Disease Patients' Colony) (1) Each residential house and land appurtenant thereto (limited to such with a net area of not more than 85 square meters) or real estate for a pen in a hansen's disease patients' colony which is acquired and owned by a hansen's disease patient residing therein shall be exempted from acquisition tax, registration tax, urban planning tax, and common facility tax. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Real estate that a hansen's disease patient residing in a hansen's disease patients' colony or the representative of that colony acquires from the State, a local government, the Korean Hansen Welfare Association, or a nonprofit business operator for the purpose of implementing any project for the rehabilitation of hansen's disease patients shall be exempted from acquisition tax and registration tax.

Article 6 (Tax Reduction or Exemption for Medical Services of Religious Organizations) Acquisition tax on real estate acquired by any religious organization (limited to an incorporated foundation) established under Article 32 of the Civil Act for use in medical services provided for in the Medical Service Act shall be reduced by 50/100, and urban planning tax and common facility tax on real estate which is directly used for medical services as of the date of tax assessment shall be reduced by 50/100: Provided, That when it is not used directly for medical services or the relevant construction work is not commenced without justifiable grounds within one year from the acquisition date thereof, or when it is not used directly for medical services for a period of not less than five years and is sold or used for any other purpose, the reduced acquisition tax shall be collected.

Article 7 (Tax Reduction or Exemption for Facilities for Welfare of the Aged) Real estate acquired for the purpose of establishment and operation of facilities for the welfare of the aged under Article 31 of the Welfare of the Aged Act shall be subject to the reduction of or exemption from acquisition tax and registration tax as follows: Provided, That when it is not used directly for facilities for the welfare of the aged or the relevant construction work is not commenced without justifiable grounds within one year from the acquisition date thereof, or when it is not used directly for such facilities for a period of not less than five years and is sold or used for any other purpose, the acquisition tax and the registration tax reduced or exempted shall be collected:
1. Facilities provided free of charge for the welfare of the aged shall be exempted from the acquisition tax and the registration tax; <Amended by Ordinance No. 4889, Dec. 31, 2009>
2. The acquisition tax and the registration tax on fee-charging facilities for welfare of the aged shall be reduced by 50/100.

CHAPTER Ⅲ TAX REDUCTION OR EXEMPTION FOR SUPPORT FOR LIFELONG EDUCATION FACILITIES, ETC. Article 8 (Tax Reduction or Exemption for Lifelong Education Facilities, etc.) Real estate acquired for the establishment and operation of any of the following lifelong education facilities, etc. shall be exempted from acquisition tax and registration tax, and real estate directly used for such lifelong education facilities as of the date of tax assessment (excluding the part of those facilities concurrently used for any other purpose) shall be exempted from urban planning tax and common facility tax: Provided, That when it is not used directly for such lifelong education facilities, etc. or the relevant construction work is not commenced without justifiable grounds within one year after the acquisition date thereof, or when it is not used directly for such lifelong education facilities, etc. for a period of not less than five years and is sold or used for any other purpose, the exempted acquisition tax and registration tax shall be collected:
1. Lifelong education facilities referred to in the Lifelong Education Act;
2. Museums and art galleries registered pursuant to Article 16 of the Museum and Art Gallery Support Act;
3. Libraries registered pursuant to Article 31 or 40 of the Libraries Act;
4. Science museums registered pursuant to Article 6 of the Science Museum Support Act; or
5. Public performance halls registered pursuant to Article 9 of the Public Performance Act.

Article 9 (Tax Reduction or Exemption for Educational Property of Private Schools) Every vehicle, machinery, aircraft, standing tree or ship acquired by a person establishing and operating a school under the Framework Act on Education for students' experiments and practical exercises shall be exempted from acquisition tax and registration tax: Provided, That when it is not used for an experiment and practical exercise in the school without justifiable grounds within one year after the acquisition date thereof, or when it is not used for such experiment and practical exercise for a period of at least five years and is sold or used for any other purpose, the exempted acquisition tax and registration tax shall be collected.

Article 10 (Tax Reduction or Exemption for Designated Cultural Heritage) A cultural heritage, etc. which falls within any of the following subparagraphs as of the date of tax assessment shall be exempted from urban planning tax:
1. Real estate designated as a cultural heritage under Articles 5 and 7 through 9 of the Cultural Heritage Protection Act and under the Seoul Metropolitan Government Ordinance on Cultural Heritage Protection;
2. A building equivalent to that referred to in subparagraph 1 and deemed necessary for the preservation of local culture and designated separately by the Mayor of the Seoul Metropolitan Government;
3. Real estate in a reservation zone designated under the Cultural Heritage Protection Act and the Seoul Metropolitan Government Ordinance on Cultural Heritage Protection.

Article 11 (Tax Reduction or Exemption for Recommended Facilities in Cultural Districts) (1) Acquisition tax and registration tax on any real estate acquired for use (including lease) as a recommended facility provided for in subparagraph 2 of Article 2 of the Seoul Metropolitan Government Ordinance on the Management and Development of Cultural Districts in the Insa-dong Cultural District designated under Article 8 of the Culture and Arts Promotion Act shall be reduced by 50/100, and urban planning tax on any building and land appurtenant thereto directly used as a recommended facility as of the date of tax assessment shall be reduced by 50/100 for a period of five years after the date on which an obligation to pay urban planning tax initially applies with effect on or after January 1, 2004.
(2) Acquisition tax and registration tax on any real estate acquired for use (including lease) as a Class Ⅰ recommended facility in the Daehangno Cultural District designated under Article 8 of the Culture and Arts Promotion Act in accordance with a management plan approved to be necessary for the conservation, development or promotion of cultural facilities and cultural districts pursuant to subparagraph 2 of Article 2 of the Seoul Metropolitan Government Ordinance on the Management and Development of Culture Districts shall be reduced by 50/100, and urban planning tax on any building and land appurtenant thereto directly used as a Class Ⅰ recommended facility as of the date of tax assessment shall be reduced by 50/100 for a period of five years after the date on which an obligation to pay urban planning tax initially applies with effect on or after May 4, 2006.
(3) For the purpose of paragraph (1) or (2), if real estate is not used as a recommended facility or Class Ⅰ recommended facility without justifiable grounds within one year after the acquisition date thereof, or not used as a recommended facility or Class Ⅰ recommended facility for a period of at least five years and is sold or used for any other purpose, the reduced acquisition tax and registration tax shall be collected.

CHAPTER Ⅳ TAX REDUCTION OR EXEMPTION FOR SUPPORT TO PUBLIC TRANSPORTATION, ETC. Article 12 (Tax Reduction or Exemption for Support to Transport Services) (1) If any person who has obtained a passenger transport service license under the Passenger Transport Service Act newly registers a vehicle acquired for direct use in a city bus transport service, shuttle bus transport service, intercity bus transport service, general transport service, or a privately-owned taxi transport service under Article 3 of the Enforcement Decree of the said Act, or registers the transfer of such vehicle, or registers the establishment of mortgage thereon by reason of installment purchase, etc., the said vehicle shall be exempted from registration tax.
(2) Acquisition tax on any natural gas bus acquired for use in a city bus transport service and a shuttle bus transport service under the Passenger Transport Service Act shall be exempted.

Article 13 (Tax Reduction or Exemption for Used Motor Vehicles, etc. for Export) A used motor vehicle, a used machine, a used ship, or a used aircraft shall be exempted from acquisition tax, if it is acquired for export by a person who engages in a foreign trading business under the Foreign Trade Act: Provided, That if such used motor vehicle, etc. is neither sold nor exported within one year from the date of acquisition without justifiable grounds, the exempted tax amount shall be collected additionally. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 14 (Tax Reduction or Exemption for Motor Vehicles for Non-Business Use with Capacity of between 7 and 10 Passengers and Motor Vehicles Previously Classified as Trucks but Re-Classified as Passenger Vehicles) (1) Vehicle tax on a motor vehicle for non-business use with a capacity of between seven and ten passengers shall be levied at the tax rate applicable to small general buses under Article 196-5 (1) 3 of the Local Tax Act, if it is a front-wheel-drive motor vehicle, the distance from its foremost part to the center of its steering wheel does not exceed 1/4 of the length of the vehicle, and it was registered or reported in accordance with the Automobile Management Act before December 31, 2007. <Amended by Ordinance No. 4889, Dec. 31, 2009; Ordinance No. 4945, Mar. 2, 2010>
(2) Registration tax and vehicle tax on a motor vehicle, the category of which was changed from a truck to a passenger car on January 1, 2006 (limited to motor vehicles registered or reported in accordance with the Automobile Management Act on or before December 31, 2006 and excluding those classified as passenger cars since before December 31, 2005; the same shall apply hereafter in this Article), shall be calculated at the tax rates applicable to trucks until December 31, 2010, notwithstanding Articles 132-2 and 196-5 (1) of the Local Tax Act. <Newly Inserted by Ordinance No. 4945, Mar. 2, 2010>
(3) A motor vehicle, the category of which is changed from a truck to a passenger car pursuant to the Automobile Management Act on January 1, 2006, shall be deemed to be a truck until December 31, 2010, and local education tax shall not be levied on such vehicle. <Newly Inserted by Ordinance No. 4945, Mar. 2, 2010>

Article 15 (Tax Reduction or Exemption for Motor Vehicles Participating in No-Driving Day Program) (1) Vehicle tax (vehicle tax after deduction, if an annual tax amount is paid in a lump sum) on the owner of a motor vehicle participating in the no-driving day program of the Seoul Metropolitan Government (hereinafter referred to as "vehicle participating in the no-driving day program") shall be reduced by 5/100. In such cases, a "vehicle participating in the no-driving day program" refers to a passenger car for non-business use that is not operated on Monday, Tuesday, Wednesday, Thursday or Friday and onto which a radio frequency identification tag issued by the Seoul Metropolitan Government is affixed. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) When a vehicle tax is reduced pursuant to paragraph (1), such reduction shall be made for the taxable period beginning on the day on which the vehicle eligible for such deduction is confirmed as a vehicle participating in the no-driving day program. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(3) Notwithstanding paragraphs (1) and (2), no reduction shall be made in any of the following cases for the taxable period beginning on the date of confirmation (limited to the relevant year), and the reduced amount of the vehicle tax, if any, shall be collected additionally:
1. If a vehicle participating in the no-driving day program does not observe the no-driving day program three times or more during the relevant year;
2. If a vehicle participating in the no-driving day program does not have a radio frequency identification tag affixed thereon or has a radio frequency identification tag damaged.

CHAPTER Ⅴ TAX REDUCTION OR EXEMPTION FOR SUPPORT TO BUILDING OF HOUSING FOR LOW INCOME BRACKET, ETC. Article 16 (Tax Reduction or Exemption for Residential Houses) (1) Each multi-dwelling complex (referring to an apartment house, a row house and a multi-household house, including appurtenant facilities and welfare facilities thereof, but excluding other welfare facilities sold in lots or leased to other persons; hereafter the same shall apply in this Article) in which five or more households are able to reside with a net area per household of not more than 60 square meters and which is constructed for the purpose of sale in lots by any public organization, housing construction business operator (referring to a person who has obtained a registration certificate for construction business or real estate sales business prior to the date of delivery of a written approval for the use of the building in question under Article 5 of the Value-Added Tax Act or obtained a specific number under Article 8 of the Enforcement Decree of the said Act; hereafter the same shall apply in this Chapter) or employer as provided for in Article 9 (1) 6 of the Housing Act, or which is converted into a rental house as provided for in Article 17 of this Ordinance because such multi-dwelling complex is not sold in lots after the construction thereof, shall be exempted from acquisition tax and registration tax: Provided, That if the preservation of such multi-dwelling complex is not registered within two months after a written approval for the use thereof is delivered, the said acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Each household that owns a single residence by acquiring a total floor area or net area of not more than 40 square meters (including a household that owns a single residence by selling (or giving as a gift) its former house within 30 days from the date of acquisition of a new house; hereafter the same shall apply in this Article) at the price of less than 100 million won shall be exempted from acquisition tax and registration tax: Provided, That if the transfer of the said house is not registered within two months (in cases of a person who acquires a house of which preservation has not been registered, two months from the date when the owner registers the preservation of such house; in cases where the person who sells a house is unable to file an ownership transfer registration due to a natural disaster, fire, traffic accident, etc., two months from the date when such transfer registration is possible), the exempted acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(3) The expression "household that owns a single residence" in paragraph (2) above means that a household consisting of a householder and his/her family members (excluding cohabitants) recorded in the resident register for each household under the Resident Registration Act (it shall be deemed that the householder's spouse and unmarried lineal descendants of less than 30 years old belong to his/her family, even if they are not recorded in the said resident register for each household) owns a single residence in the Republic of Korea as of the date of acquisition of such house (the date of registration thereof, in cases of registration tax). In such cases, a person supporting his/her lineal ascendant who is not less than 65 years old or who is a person of distinguished service to the State or a person with a disability as provided for in Article 2 (3) or 3 shall not be deemed to belong to the householder's family, even though he/she is recorded in the same resident register for each household. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(4) Acquisition tax and registration tax on a residential house shall be reduced in accordance with the following subparagraphs, if the residential house is provided under Article 28 of the Housing Act by a business entity as provided for in the aforesaid Article and is purchased and acquired directly first from the business entity on a first-come first-served basis or in any other manner on or after February 12, 2009 because the business entity failed to enter into a sales contract for the house by February 11, 2009, although the deadline specified on the public notice of invitation of purchasers under Article 8 (6) 13 of the Rule on Housing Supply for the housing complex to which the house belongs has passed (limited to residential houses regarding which the head of the competent Gu issues a letter of confirmation of an unsold residential house or confirms it as unsold; hereinafter referred to as "unsold house"): <Newly Inserted by Ordinance No. 4786, May 28, 2009; Ordinance No. 4889, Dec. 31, 2009>
1. Acquisition tax: 75/100 of the tax amount calculated at the tax rate under Article 112 (1) of the Local Tax Act shall be reduced; <Newly Inserted by Ordinance No. 4786, May 28, 2009>
2. Registration tax: 75/100 of the tax amount calculated at the tax rate under Article 131 (1) 3 (2) of the Local Tax Act shall be reduced; <Newly Inserted by Ordinance No. 4786, May 28, 2009>

Article 17 (Tax Reduction or Exemption for Rental Housing) (1) If any rental business operator under subparagraph 4 of Article 2 of the Rental Housing Act (including any person who is registered as a rental business operator within 30 days after the acquisition of rental housing; hereafter referred to as "rental business operator" in this Article) or the Government Employees Pension Corporation which performs rental services under Article 74 (1) 2 of the Enforcement Decree of the Public Officials Pension Act builds any multi-dwelling complex (referring to apartment houses, row houses and multi-household dwellings, including facilities appurtenant thereto as well as welfare facilities for rent, all the proceeds from rent of which are appropriated for the management of rental houses; hereafter the same shall apply in this Article) for the purpose of renting it, the reduction of or exemption from local taxes on such multi-dwelling complex shall be granted as follows: <Amended by Ordinance No. 4889, Dec. 31, 2009; Ordinance No. 4945, Mar. 2, 2010>
1. In the case of acquisition of a multi-dwelling complex with a net area of not more than 60 square meters per household, exemption from acquisition tax and registration tax shall be granted, and in the case of use of such multi-dwelling complex as a rental house provided for in Article 16 (1) 1 and 2 of the Rental Housing Act or a rental house for public officials provided for in Article 74 (1) 2 of the Enforcement Decree of the Public Officials Pension Act as of the date of tax assessment, exemption from urban planning tax and common facility tax shall be granted; <Amended by Ordinance No. 4889, Dec. 31, 2009; Ordinance No. 4945, Mar. 2, 2010>
2. In the case of acquisition of 20 or more rental houses (hereafter referred to as "long-term rental houses" in this Article) with a net area of not less than 60 square meters but not more than 149 square meters per household for long-term rent under Article 16 (1) 1 through 3 of the Rental Housing Act, or in cases where any rental business operator who holds 20 or more long-term rental houses acquires other long-term rental houses (in cases where he/she holds 20 or more long-term rental houses as a result of such acquisition, including any excess over 20), acquisition tax and registration tax shall be reduced as follows: <Amended by Ordinance No. 4889, Dec. 31, 2009>
(a) In the case of acquisition of long-term rental houses with a net area of more than 60 square meters but not more than 85 square meters per household, 50/100 of acquisition tax and registration tax shall be reduced; <Amended by Ordinance No. 4889, Dec. 31, 2009>
(b) In the case of acquisition of long-term rental houses with a net area of more than 85 square meters but not more than 149 square meters per household, 25/100 of acquisition tax and registration tax shall be reduced. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Where a rental business operator directly purchases a multi-dwelling complex (including land appurtenant thereto, but excluding multi-dwelling complexes within an area subject to reporting on housing transactions; the same shall apply hereafter in this paragraph) first from the owner (including a construction and lease business entity who sells housing units after the lapse of the obligatory rental period under the Rental Housing Act) with intent to rent it, such multi-dwelling complex shall be exempted from local taxes in accordance with the following subparagraphs: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. In the case of acquisition of a multi-dwelling complex with a net area of not more than 60 square meters per household, exemption from acquisition tax and registration tax shall be granted;
2. In the case of acquisition of 20 or more long-term rental houses or in cases where any rental business operator who holds 20 or more long-term rental houses acquires other long-term rental houses (in cases where he/she comes to hold 20 or more long-term rental houses as a result of such acquisition, including any excess over 20), acquisition tax and registration tax shall be reduced as follows:
(a) In the case of acquisition of long-term rental houses with a net area of more than 60 square meters but not more than 85 square meters per household, 50/100 of acquisition tax and registration tax shall be reduced;
(b) In the case of acquisition of long-term rental houses with a net area of more than 85 square meters but not more than 149 square meters per household, 25/100 of acquisition tax and registration tax shall be reduced.
(3) If the preservation or transfer registration of a multi-dwelling complex provided for in paragraphs (1) and (2) of this Article is not completed within two months (in the case of acquisition of a multi-dwelling complex the preservation registration of which is not completed, two months after the date when its owner completes its preservation registration; in cases where the ownership transfer registration of a multi-dwelling complex cannot be completed under the provisions of relevant Acts and subordinate statutes or due to any natural disaster, accident, fire or other similar reasons, two months after the date when such transfer registration is possible) after the date of acquisition of such multi-dwelling complex (the date of issuance of written approval for the use of a multi-dwelling complex, in the case of construction thereof), or if a multi-dwelling complex is used for any purpose other than lease or is sold within the obligatory rental period under Article 16 (1) of the Rental Housing Act and Article 13 (1) of the Enforcement Decree of the aforesaid Act for any reason other than those provided for in Article 16 (3) of the Rental Housing Act and Article 13 (2) of the Enforcement Decree of the aforesaid Act, the acquisition tax and the registration tax so reduced or exempted shall be collected additionally. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 18 (Tax Reduction or Exemption for Housing Redevelopment Projects, etc.) Real estate acquired for the operation of a housing redevelopment project and a residential environment improvement project under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents and provided for in any of the following subparagraphs shall be exempted from acquisition tax and registration tax: Provided, That if the said real estate is constructed in violation of the provisions of relevant Acts and subordinate statutes, the acquisition tax and the registration tax so exempted shall be collected additionally: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. Real estate acquired by a person designated as a project developer under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents for developing the sites for a housing redevelopment project under subparagraph 2 (b) of Article 2 of the said Act;
2. A residential building and land appurtenant thereto acquired by a project developer under subparagraph 1 according to the management and disposition plan for the project; <Amended by Ordinance No. 4889, Dec. 31, 2009>
3. A residential building with an exclusive area of not more than 85 square meters and land appurtenant thereto (including real estate worth of the settlement money, if the settlement money is required to be paid pursuant to the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents), acquired by a person who owns any other real estate as of the publication date of the designation of a rearrangement zone for a redevelopment project under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents from the project developer under subparagraph 1; <Amended by Ordinance No. 4889, Dec. 31, 2009>
4. A residential building and land appurtenant thereto acquired by a project developer under Article 7 (1) of the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents in order to implement the project for the improvement of dwelling conditions; <Amended by Ordinance No. 4889, Dec. 31, 2009>
5. A residential building and land appurtenant thereto acquired by a person who owns any other real estate as of the publication date of the designation of a rearrangement zone for a project for the improvement of dwelling conditions under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents as a result of the project for the improvement of dwelling conditions implemented without the designation as a project developer; <Amended by Ordinance No. 4889, Dec. 31, 2009>
6. A residential building with an exclusive area of not more than 85 square meters and land appurtenant thereto, acquired by a person who owns any other real estate as of the publication date of the designation of a rearrangement zone for a project for the improvement of dwelling conditions under the Act on the Maintenance and Improvement of Urban Areas and Dwelling Conditions for Residents from the project developer under subparagraph 4. <Amended by Ordinance No. 4889, Dec. 31, 2009>

CHAPTER Ⅵ TAX REDUCTION OR EXEMPTION FOR SUPPORT TO REGIONAL DEVELOPMENT, ETC. Article 19 (Tax Reduction or Exemption for Local Public Corporations, etc.) (1) Every real estate and railway vehicle acquired by a local public corporation or a local public authority established under the Local Public Enterprises Act for direct use for its own affairs shall be exempted from acquisition tax and registration tax; registration of the incorporation thereof and registration of the creation of partitioned superficies (limited to Seoul Metro) shall be exempted from registration tax; and real estate directly used for those affairs as of the date of tax assessment shall be exempted from urban planning tax and common facility tax: Provided, That this shall not apply to any private investment or contribution included in total assets, if any. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Every real estate acquired by a legal entity or any other organization in which a local government makes an investment (including a contribution) for direct use for its own affairs shall be exempted from acquisition tax and registration tax, and registration of the incorporation thereof shall be exempted from registration tax: Provided, That this shall not apply to any private investment or contribution included in total assets, if any. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(3) If the real estate in question is not used directly for the affairs provided for in paragraphs (1) and (2) without justifiable grounds within one year from the date of acquisition thereof, the acquisition tax and the registration tax from which the real estate is exempted shall be collected additionally. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 20 (Tax Reduction or Exemption for Local Medical Centers) Real estate directly used for medical services for local residents by a local medical center established under the Act on the Establishment and Management of Local Medical Centers shall be exempted from acquisition tax and registration tax; registration of the incorporation of the said center shall be exempted from registration tax; and real estate directly used for medical services for local residents as of the date of tax assessment shall be exempted from urban planning tax and common facility tax: Provided, That where such real estate is not used directly for medical services for local residents without justifiable grounds within one year after the acquisition, or where it is not used directly for such medical services for two years or more after such use and is sold or used for any other purposes, the exempted acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 21 (Tax Reduction or Exemption for Apartment-Type Factories and Cooperative Factories) (1) Real estate acquired to establish an apartment house-type factory under subparagraph 13 of Article 2 of the Industrial Cluster Development and Factory Establishment Act (excluding cases where real estate already used as an apartment-type factory is acquired by succession) shall be exempted from acquisition tax, and the real estate which is registered within two years after being so acquired shall be exempted from registration tax: Provided, That if the construction work of the apartment-type factory is not commenced without justifiable grounds within one year from the date of such acquisition, or the apartment house-type factory is sold or leased in lots or in whole for any use or purpose other than for business under Article 28-5 (1) 1 or 2 of the Industrial Cluster Development and Factory Establishment Act without justifiable grounds within five years after a written approval for the use thereof is issued, the exempted acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Real estate for an apartment house-type factory which a small or medium business operator as provided for in Article 2 of the Framework Act on Small and Medium Enterprises intending to carry on any business in the apartment house-type factory purchases or acquires in lots for the first time from the establisher thereof for the purpose of carrying on any business or venture business provided for in Article 28-5 (1) 1 and 2 of the Industrial Cluster Development and Factory Establishment Act shall be exempted from acquisition tax, and that real estate registered within two years after the date of such acquisition shall be exempted from registration tax: Provided, That if the said real estate is not used directly for that business or venture business without justifiable grounds within one year from the date of such acquisition or sold or used for any other purpose within five years therefrom, the exempted acquisition tax and registration tax shall be collected.
(3) Real estate for a cooperative factory acquired for the first time by a person who has obtained an approval for an action plan for cooperative movement in an industrial complex subject to the Industrial Cluster Development and Factory Establishment Act pursuant to Article 29 of the Promotion of Small and Medium Enterprises and Encouragement of Purchase of their Products Act (including any participating enterprise) for direct use for his/her business or for sale in lots or lease, shall be exempted from acquisition tax and registration tax: Provided, That if the said real estate is not used directly for that factory without justifiable grounds within one year from the date of such acquisition, or is transferred to another person for any use or purpose other than for the factory or used for any other purpose within five years therefrom, the exempted acquisition tax and registration tax shall be collected.

Article 22 (Tax Reduction or Exemption for Market Maintenance and Improvement Projects, etc.) (1) Real estate that a person intending to implement a market maintenance and improvement project under the Special Act on the Promotion of Traditional Marketplaces and Shopping Districts acquires for direct use in the project shall be exempted from acquisition tax, and that which is registered within two months after such acquisition shall be exempted from registration tax: Provided, That when approval for a project implementation plan is revoked under Article 38 of the Special Act on the Promotion of Traditional Marketplaces and Shopping Districts, when the real estate is not used directly for that project or is sold or used for any other purpose without justifiable grounds within three years after such acquisition, the exempted acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Real estate in such a market maintenance and improvement zone as designated under Article 37 of the Special Act on the Promotion of Traditional Marketplaces and Shopping Districts, acquired by any of the following persons for direct use for that project or due to the implementation thereof, shall be exempted from acquisition tax, and that real estate registered within two months after the date of such acquisition shall be exempted from registration tax: Provided, That if the said real estate is not used directly for the project or is sold or used for any other purpose without justifiable grounds within three years from the date of such acquisition, the exempted acquisition tax and registration tax shall be collected: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. A person who implements a market maintenance and improvement project;
2. A merchant who has run a store in any existing market for consecutive three or more years as of the date of authorization for the implementation of a market maintenance and improvement project and who acquires real estate for the first time (excluding a house) due to such implementation from any other person as provided for in subparagraph 1;
3. A person who owns real estate in any existing market as of the date of authorization for the implementation of a market maintenance and improvement project and who acquires any other real estate (excluding a house) for the first time due to such implementation from any other person as provided for in subparagraph 1.
(3) Buildings acquired by reason of the implementation of a subsidy grant project as part of a commercial infrastructure modernization project referred to in Article 20 of the Special Act on the Promotion of Traditional Marketplaces and Shopping Districts shall be exempted from acquisition tax and registration tax.

Article 23 (Tax Reduction or Exemption for the Seoul Business Agency) (1) Real estate acquired by the Seoul Business Agency, established pursuant to Article 63 of the Enforcement Decree of the Balanced Regional Development and Support for Local Small and Medium Enterprises Act, in order to use it for its own business affairs shall be exempted from acquisition tax and registration tax, and real estate directly used for those affairs as of the date of tax assessment shall be exempted from urban planning tax and common facility tax. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Registration of the incorporation of the Seoul Business Agency under paragraph (1) shall be exempted from registration tax. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 24 (Tax Reduction or Exemption for the Seoul Credit Guarantee Foundation) (1) Real estate (excluding real estate for lease) acquired by the Seoul Credit Guarantee Foundation established under the Regional Credit Guarantee Foundation Act for direct use for its business affairs as provided for in subparagraphs 1 through 7 of Article 17 of the said Act shall be exempted from acquisition tax and registration tax, and any other real estate directly used for such affairs as of the date of tax assessment shall be exempted from urban planning tax and common facility tax: Provided, That if the real estate is not used directly for the affairs without justifiable grounds within one year from the date of such acquisition, the exempted acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) Registration of the incorporation of the Seoul Credit Guarantee Foundation under paragraph (1) shall be exempted from registration tax. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 25 (Tax Reduction or Exemption for Supporting Inducement of Foreign Investment) An asset acquired by a foreign-invested enterprise in order to carry on its reported business shall be exempted from acquisition tax and registration tax by an amount calculated by multiplying the tax amount assessed for the asset by the foreign investment ratio (hereinafter referred to as "exemptible tax amount") for ten years beginning on the commencement date of business and then by a tax amount equivalent to 50/100 of the exemptible tax amount for the subsequent five years: Provided, That if such an enterprise becomes subject to additional collection under Article 121-5 (3) of the Restriction of Special Taxation Act, the acquisition tax and the registration tax so exempted shall be collected additionally. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 26 (Tax Reduction or Exemption for Land, etc. subject to Restrict on Private Rights) If any section of land, a building, a residential house has been included in a topographic drawing publicized pursuant to Article 32 of the National Land Planning and Utilization Act as part of the site for an urban planning facility under subparagraph 7 of Article 2 of the aforesaid Act, but the plan has not been implemented for ten years or longer, the section of such land, building, or residential house shall be exempted from urban planning tax. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 27 (Tax Reduction or Exemption for Urban Maintenance and Improvement Projects) (1) An existing building constructed without permission which is demolished under Article 2 of the Seoul Metropolitan Government Ordinance on the Maintenance and Improvement of Urban and Residential Environment shall be exempted from urban planning tax and common facility tax for the relevant year. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) If any existing building constructed without permission as provided for in paragraph (1) is demolished after urban planning tax and common facility tax thereon are imposed, a disposition of such imposition for the relevant year shall be revoked. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 28 (Tax Reduction or Exemption for Urban-Type Factories in Quasi-Industrial Areas) Acquisition tax and registration tax on any real estate acquired for constructing or extending an urban-type factory under Article 28 of the Industrial Cluster Development and Factory Establishment Act in a quasi-industrial area as provided for in Article 30 of the Enforcement Decree of the National Land Planning and Utilization Act shall be reduced by 50/100: Provided, That if the construction work of such urban-type factory is not commenced without justifiable grounds within one year from the date of such acquisition, or such real estate is sold or used for any purpose other than for the urban-type factory within five years from the said date, the reduced acquisition tax and registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 29 (Tax Reduction or Exemption for Industrial Complexes, etc.) An industrial building, a research facility, or a building for pilot production in an industrial complex designated pursuant to the Industrial Sites and Development Act, an investment promotion area under the Industrial Cluster Development and Factory Establishment Act, or a technopark developed pursuant to the Act on Special Cases concerning Support of Technoparks shall be exempted from acquisition tax and registration tax, if it is a building or the like acquired after reconstruction or renovation as specified in Article 224-2 of the Enforcement Decree of the Local Tax Act (hereafter referred to as "industrial building, etc." in this Article): Provided, That if such industrial building, etc. is not used directly for its original purpose without justifiable grounds within six months from the date of acquisition or if it is sold or otherwise disposed of (excluding cases where such building is repurchased by the institution responsible for the relevant industrial complex or technopark) or used for any other purpose without directly using it as an industrial building, etc. for not less than two years from the commencement of use thereof, the exempted acquisition tax and the registration tax shall be collected. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 30 (Tax Reduction or Exemption for Balanced Development Promotion District Projects) Acquisition tax and registration tax on any of the following buildings, the construction of which has been permitted in conformity with the Class Ⅰ district unit plan determined and publicized under Article 30 of the National Land Planning and Utilization Act according to a detailed project implementation plan as provided for in Article 13 (1) of the Seoul Metropolitan Government Ordinance on the Support for Balanced Regional Development in a balanced development promotion district designated under Article 5 of that Ordinance, shall be reduced by 50/100: Provided, That this shall not apply to any legal entity in which case five years have not elapsed from the date of its transfer to Seoul Special Metropolitan City through acquisition of such building, and if the building is used for any other purpose without justifiable grounds within five years from the date of such acquisition, the reduced acquisition tax and registration tax shall be collected: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. A building whose total floor area used as the head or main office of a company with two or more branches or sub-branches in the Republic of Korea as provided for in Article 169 of the Commercial Act is not less than 20,000 square meters; <Amended by Ordinance No. 4889, Dec. 31, 2009>
2. A building whose total floor area used as a department store, shopping center, discount store or specialty store, among large-scale stores as provided for in subparagraph 3 of Article 2 of the Distribution Industry Development Act, is not less than 30,000 square meters;
3. A building whose total floor area used as a private teaching facility as provided for in subparagraph 1 of Article 2 of the Act on the Establishment and Operation of Private Teaching Institutes and Extracurricular Lessons is not less than 3,000 square meters;
4. A building whose total floor area used as a movie theater as provided for in Article 36 (1) of the Promotion of the Motion Pictures and Video Products Act is not less than 3,000 square meters;
5. A building whose total floor area used as a general hospital, oriental hospital or any other hospital, among medical institutions as provided for in Article 3 (2) of the Medical Service Act, is not less than 3,000 square meters.

Article 31 (Tax Reduction or Exemption for the National Agricultural Cooperatives Federation, etc.) The expression "any real estate acquired for a direct use in distribution or any other business activity specified by Ordinance of the competent local government" in Article 266 (3) of the Local Tax Act shall be as follows: <Amended by Ordinance No. 4889, Dec. 31, 2009>
1. Land and buildings for purchase, sale, and other incidental business activities;
2. Land and buildings for storage, processing, foreign trade, and other incidental business activities;
3. Land and buildings for production and inspections;
4. Land and buildings for educational facilities for farmers and fishermen.

Article 32 (Reduction or Exemption of Property Tax Apportionable to Seoul Metropolitan Government) The reduction or exemption of a property tax apportionable to the Seoul Metropolitan Government under Article 6-2 of the Local Tax shall be made in accordance with ordinances on the reduction and exemption of Gu taxes of the autonomous Gu in which the property subject to the property tax is situated. <Amended by Ordinance No. 4889, Dec. 31, 2009>

CHAPTER Ⅶ SUPPLEMENTARY PROVISIONS Article 33 (Delegation of Administrative Affairs) Administrative affairs related to the reduction of or exemption from Seoul Metropolitan Government taxes (hereinafter referred to as "City taxes") under this Ordinance shall be delegated to the head of each Gu. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 34 (Exclusion from Tax Reduction or Exemption) Real estate under Article 112 (2) of the Local Tax Act shall be excluded from those eligible for tax reduction or exemption under this Ordinance. <Newly Inserted by Ordinance No. 4889, Dec. 31, 2009>

Article 35 (Application for Tax Reduction or Exemption, etc.) (1) Any person who intends to be granted a reduction of or exemption from City taxes under this Ordinance shall submit to the head of the Gu concerned an application for the reduction of or exemption from City taxes prepared in Form 1 annexed hereto, along with other documents verifying the grounds for such reduction or exemption: Provided, That in any case as stated in Chapter Ⅱ and in cases of vehicle tax, urban planning tax and common facility tax, even if such application is not submitted, the head of the Gu concerned may, ex officio, grant the reduction thereof or exemption therefrom when such grounds come to his/her awareness. <Amended by Ordinance No. 4889, Dec. 31, 2009>
(2) If an application is submitted to the head of the Gu concerned under paragraph (1), he/she shall investigate and determine whether to grant the reduction of or exemption from City taxes and inform the applicant concerned thereof in Form 2 annexed hereto. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 36 (Submission of Materials concerning Tax Reduction or Exemption) Any person who is granted a reduction of or exemption from City taxes under this Ordinance shall submit materials related to such reduction or exemption to the head of the Gu concerned. In such cases, the provisions of Article 295 of the Local Tax Act shall apply mutatis mutandis to the submission of such materials. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 37 (Tax Return on and Payment of Exempted or Reduced Amount of Tax) As to cases where an asset exempted from aquisition tax or registration tax pursuant to this Ordinance becomes taxable or subject to additional collection thereafter, Article 120 (3) or 150-2 (3) of the Local Tax Act shall apply mutatis mutandis, while Article 121 (1) or 151 of the Local Tax Act shall apply to cases where a person fails to file a tax return and pay the tax on the taxable asset or the tax amount. <Amended by Ordinance No. 4889, Dec. 31, 2009>

Article 38 (Exclusion from Double Reduction or Exemption) As to cases where two or more provisions regarding the reduction of or exemption from City taxes are applicable to one and the same asset, Article 294 of the Local Tax Act shall apply.

ADDENDA
Article 1 (Enforcement Date)
This Ordinance shall enter into force on January 1, 2007.
Article 2 (Time Limit for Application)
This Ordinance shall apply until December 31, 2009: Provided, That any City tax which becomes subject to the reduction, exemption or additional collection because grounds therefor occur under this Ordinance while it is in force, shall, even after the expiration of the time limit for application of this Ordinance, be subject to such reduction, exemption or additional collection under this Ordinance.
Article 3 (Special Cases concerning Tax Reduction or Exemption for Rental Housing in Housing Transaction Reporting Zones)
With respect to a multi-unit housing building for rent in a housing transaction reporting zone under Article 80-2 (1) of the Housing Act acquired by December 31, 2008 after a sales contract is concluded for the first time on or before August 31, 2005, exceptions to the main sentence of Article 18 (2) of this Ordinance shall not apply.
Article 4 (General Transitional Measures)
(1) Reduction of or exemption from any City tax subject to compulsory payment under Article 29 of the Local Tax Act before this Ordinance enters into force shall be governed by the provisions of the former Ordinance.
(2) If any City tax subject to exemption or reduction under the previous provisions is additionally collected, the said previous provisions shall apply.
Article 5 (Transitional Measures for Automobiles Owned by Persons of Distinguished Service to the State)
Even if a four-cylinder or less automobile acquired by a person of distinguished service to the State as provided for in the Act on the Honorable Treatment and Support of Persons, etc. of Distinguished Service to the State who falls under any of Wound Grades Ⅰ through Ⅵ in his/her name prior to December 31, 1991 exceeds 2,000 cubic centimeters in displacement, such four-cylinder or less automobile shall be deemed to be an automobile referred to in Article 2 (3) 1 of this Ordinance and shall be exempted from vehicle tax.
Article 6 (Transitional Measures for Forms)
At the time this Ordinance enters into force, any form prepared and used under the previous provisions shall continue to be used, and any part amended by this Ordinance shall be used after modification.
Article 7 Omitted.
ADDENDA <Ordinance No. 4611, Mar. 12, 2008>
Article 1 (Enforcement Date)
This Ordinance shall enter into force on the date of its promulgation: Provided, That the amended provisions of Articles 14 and 16 shall apply on or after January 1, 2008.
Article 2 (Applicability concerning Tax Reduction or Exemption for Housing Redevelopment Projects, etc.)
The amended provisions of Article 19 shall apply with respect to any maintenance district designated on or after the date when this Ordinance enters into force.
Article 3 Omitted.
ADDENDUM <Ordinance No. 4652, Jul. 30, 2008>
This Ordinance shall enter into force on the date of its promulgation: Provided, That the amended provisions of subparagraph 1 of Article 14 shall apply on or after January 1, 2008.
ADDENDA <Ordinance No. 4717, Dec. 30, 2008>
Article 1 (Enforcement Date)
This Ordinance shall enter into force on January 1, 2009.
Article 2 (Time Limit for Application)
This Ordinance shall apply until December 31, 2009: Provided, That any City tax which becomes subject to reduction, exemption or additional collection because grounds therefor occur under this Ordinance while it is in force, shall, even after the expiration of the time limit for application of this Ordinance, be subject to such reduction, exemption or additional collection under this Ordinance.
Article 3 (General Transitional Measures)
Any City tax which was or is to be imposed, reduced or exempted under the previous provisions at the time this Ordinance enters into force shall be governed by the previous provisions.
ADDENDA <Ordinance No. 4786, May 28, 2009>
Article 1 (Enforcement Date)
This Ordinance shall enter into force on the date of its promulgation.
Article 2 (Applicability)
The amended provisions of Article 18 (4) shall be applicable to acquisition taxes on the unsold housing units acquired on or before June 30, 2010 and to registration taxes on the unsold housing units registered on or before June 30, 2010.
ADDENDA <Ordinance No. 4889, Dec. 31, 2009>
Article 1 (Enforcement Date)
This Ordinance shall enter into force on January 1, 2010.
Article 2 (Time Limit on Application)
This Ordinance shall be applicable until December 31, 2010: Provided, That, as regards unsold housing units under Article 16 (4), this Ordinance shall be applicable to those acquired and registered on or before June 30, 2010.
Article 3 (General Transitional Measures)
City taxes that were or should have been imposed or exempted pursuant to previous provisions at the time this Ordinance enters into force shall be governed by the previous provisions.
ADDENDA <Ordinance No. 4945, Mar. 2, 2010>
Article 1 (Enforcement Date)
This Ordinance shall enter into force on the date of its promulgation.
Article 2 (Special Exceptions to Application to Motor Vehicles Previously Classified as Trucks but Re-Classified as Passenger Cars)
The amended provisions of Article 14 (2) and (3) shall apply to registration taxes taxable on or after January 1, 2010 at the rate applicable to trucks and to vehicle taxes on a daily basis, while local education taxes taxable in addition to vehicle taxes shall not be levied on such vehicles.