1. Transfer amount: About $NTD 34.92 million.
2. Transfer agency: Local Tax Bureau, Hsinchu County.
3. Case No.:90-1-120 and owed to 90 cases of administrative execution of the house tax and the land value tax.
4. Contents of the case:
When established in 2001, the branch received many former property tax cases, transferred from Hsinchu District Court-financial court, kept execution.
Including, Jiu-hua Villa is a well-known resort in Heng-shan Township, Hsinchu County. The Obligor: Xu Zheng-De, the landowner, has defaulted on the house tax and the land value tax since 1993. Afterwards, due to debt problems, rumors have absconded to China for many years. Although the branch have force him before court several times, it still failed.
5. Situation, difficulties and results of execution:
(1) Jiu-hua Villa was under miserable operation since it had owed taxes. Presently, the owner leased the land to a leisure-sport company. Since villa is a kind of resort hotel, there is a long-term lease contract that can't be handed over after the highest-bidding. Moreover the upset price of land is as high as 110.52 million dollars, it has failed to sell after many auctions by Hsinchu district court and Hsinchu branch over the years.
(2)The branch positively discussed executive strategies, to strive for the validity duration of the former cases. In addition to publicity, we also asked the mortgagee to assume immovables by way of debt mortgage for increasing the chance of highest-bidding.
(3) In the end of the fourth auction at September 21, 2016, the mortgagee raised funds and the three-sided to put in a bid. In order to prevent such co-owners from claiming the entitled to have a first right to buy, which affects the entire development plan. Ultimately, it was the bidding closed at 127.88 million dollars, which is still higher than the first reserve price. In addition to ending the case, the results not only improving treasury but promoting the development of a new tourism industry in Hsinchu. It may be described as a win-win result of the government and the public.