Where a beneficiary prescribed in Paragraph 3 of Article 3-4 of the ITA is not specified or not in existence yet, the tax shall be declared and paid according to a withholding rate of 20% for the income calculated in accordance with the pertinent regulations. However, when considering the amount of income arising from disposition of the house, land, the right to use a house, the presale house with its building location, shares, or capital in Article 4-4 of the ITA by the trustee which is calculated in accordance with Paragraph 3, Article 14-4 of the ITA, the tax shall then be declared and paid in accordance with the following withholding rate according to the holding period of the house, land, the right to use a house, the presale house with its building location, shares, or capital:
1. The withholding rate shall be 45% if the holding period is no more than 2 years. 
2. The withholding rate shall be 35% if the holding period is more than 2 years but no more than 5 years.
3. The withholding rate shall be 20% if the holding period is more than 5 years but no more than 10 years.
4. The withholding rate shall be 15% if the holding period is more than 10 years.
5. House and Land, of which the house is built in partnership with a business entity and the share of land associated with the unit has been held for a period of no more than 5 years shall be taxed at 20%.
6. House and the share of land associated with the house that are transferred for the first time after the completion of construction and have been held for a period of no more than 5 years, where the house and land are acquired through participation in urban renewal by providing land, legal buildings, other rights, or capital in accordance with the Urban Renewal Act or the participation in reconstruction in accordance with the Statute for Expediting Reconstruction of Urban Unsafe and Old Buildings shall be taxed at 20%.