Under the current tax laws, various types of taxes are levied on the land of golf course as well as on playing golf. Among them individual excise tax, property tax and combined real property tax which are incompatible with the tax law principles such as equity and efficiency are dealt with in this study. From the perspective of efficiency individual excise tax on playing golf in a private golf course has to be abolished. It was introduced to sanction playing golf - a type of luxurious exercise in the 70 s - by a special act. But nowadays golfing has become a kind of public exercise and renders lots of external economic effects rather than external dis-economic effects against which the government vows to levy individual excise tax from now on. In this aspect the individual excise tax on playing golf in a private course has to be abolished. Special heavy taxation of property tax on the developed land in a private golf course has to be withdrawn because it is not compatible with the general principle of land taxation. The portion of preserved land in a golf course has a good reason to be taxed low because it is obliged to be held by a golf course under the law. But under the current tax laws the combined property tax is levied on the preserved land while it is not levied on the developed land, which means the preserved land is taxed more heavily than the developed land. In this sense the combined land tax on the preserved land has to be abolished. The current provisions for the valuation of land in a golf course lacks reasonableness both in theory and in reality of economic substance. The valuation provisions for the golf course has to be revised to reflect the prices of forest near to it.