(1) If a resident newly constructs or extends a building (in the case of an extension, limited to cases where the total floor area exceeds 85 square meters) and transfers the building within five years from the date of acquisition or extension, and declares the appraised value or the converted acquisition value of the building under Article 97 (1) 1 (b) as its acquisition value, an amount equal to 5/100 of the appraised value (in the case of an extension, limited to the extended portion) or the converted acquisition value (in the case of an extension, limited to the extended portion) of the building shall be added to the final amount of tax on capital gains?determined under subparagraph 2 of Article 93. <Amended on Dec. 31, 2019>
(2) Paragraph (1) shall also apply where there is no capital gains tax calculated under subparagraph 1 of Article 93.[This Article Newly Inserted by Act No. 15225, Dec. 19, 2017][Title Amended on Dec. 31, 2019]