Land bestowed to a spouse may apply for non–taxable status of land value increment tax. But if the land is subsequently transferred and becomes subject to land value increment tax, the original decreed land value or the latest approved declared transfer value of the land prior to its first non-taxable status shall be used as its original land value for calculation of the total incremental value and imposition of land value increment tax.

If the transferor or the transferee of the land in the preceding paragraph has, during the ownership of land, paid expenses for improvement of land according to Subparagraph 2, Paragraph 1 of Article 31 herein or supplemental land value tax according to Paragraph 3 of the same article, the provisions in the same article on tax deduction or offset shall apply to the assessment of land value increment tax when the land title is transferred again. If the land in the preceding paragraph is reconsolidated, the provisions on tax reduction as provided in Paragraph 1 of Article 39-1 herein shall apply. Where the land is transferred again and the title owner applies for the application of tax rate on land value increment tax as provided in Article 34 herein, the period of land that was not used for business purposes or rented in the last year before its sale shall be combined in the assessment of tax.