The rules governing agricultural land grain tax payment and concurrent rice acquisition upon taxation shall be prescribed and promulgated by the Executive Yuan.
The criteria for paying agricultural land grain tax with in-lieu cash payment and the prices of rice acquired upon taxation are as follows:
1. The quantity for rice to be submitted as tax payment according to the annual taxable amount and tax rates indicated in the land tax registry for lands under categories other than farmland shall be converted into the equivalent cash amount according to the average market price of the rice of the Tsai Lai variety produced within major Tsai Lai rice producing hsiangs, townships, cities (districts) in the five (5)-day period from the 20th to the 16th day before the imposition of the agricultural land tax of the term by the county (city) concerned. For the agricultural land tax to be paid with in-lieu cash payment within the jurisdiction of the Penghu County of the Taiwan Province, the conversion price shall be the first-term price publicly posted by the Tainan County of the Taiwan Province.
2. The price for the rice acquisition upon taxation shall be set in accordance with the average market price of the rice of the Peng Lai variety and the average market price of the rice of the Tsai Lai variety produced within major producing hsiangs, townships, cities (districts) in the five (5)-day period from the 20th to the 16th day before the imposition of the agricultural land tax of the term by the county (city) concerned, and shall be submitted to the relevant price appraisal committee for rice acquisition upon taxation under the County (City) Council and the County (City) Government. The final decision on the acquisition price shall be rendered on the 14th day before the imposition of the agricultural land tax. Said designated acquisition price shall be more favorable than the market price. 
3. The rice market prices set forth under the preceding two subparagraphs shall be surveyed by the Executive Yuan Council of Agriculture in conjunction with the local county (city) government, county (city) council, farmers’ association, and rice chamber of commerce.
4. The price of the rice to be acquired upon taxation shall, after decided by the relevant price appraisal committee, be submitted to the Executive Yuan Council of Agriculture within three (3) days for promulgation. The criteria governing tax payment with an equivalent cash amount shall be promulgated on the following day of the completion of the rice market price survey by the County (City) Government.
5. For the criteria on tax payment with an equivalent cash amount and the price of rice acquisition upon taxation of a municipality, the current-term price publicly posted by an adjacent county shall apply. For lands under farmland category and counties (cities) where paddy rice production is relatively less or where actual rice trading prices during the market price survey period are sporadic, the current-term price publicly posted by an adjacent county shall be used for the calculation of in-lieu cash tax payment and the rice acquisition price upon taxation.
6. For rice market price survey, data reporting, and all other relevant matters, the various county (city) government regulations shall govern.