Taiwan's tax authority is auctioning off seized homes in Yunlin and Chiayi at below-market prices — good for bargain hunters, bad for owners who fell behind on taxes.

• The Chiayi branch of the enforcement agency is selling 23 seized properties on September 1, plus stocks and trademark rights.
• All the properties are priced below what similar homes go for nearby.
• One standout is a brand-new three-storey house in Dounan finished in 2023, with an elevator and four en-suite bedrooms, now going for 80% of its original price after two failed auctions.
• The owner lost it over unpaid property and land taxes plus a pile of car licence taxes and traffic fines.
• The agency says it is cracking down hard on people who dodge vehicle taxes and traffic penalties.

Outlook: More seized-property auctions are likely as the crackdown on unpaid taxes and fines continues.