If a foundation defined by the Foundations Act that receives land as a gift in accordance with Article 28-1 falls under any of the following circumstances, in addition to making up for the land value increment tax payable, it will also be fined up to twice the amount of the land value increment tax payable:
1. Failure to use the land according to the purpose of donation.
2. Violation of the established objectives of the foundation.
3. Failure to allocate all land revenues to the foundation.
4. Discovery by the tax authorities or verified reports that the donor has obtained benefits from the donated land in any manner.