The deed tax law has come to increase the tax rate? Refute the rumors! There is no change in the deed tax preferential policies for house transactions everywhere
Xinhua News Agency, Beijing, August 26 - Question: deed tax law to the tax rate to increase? Refute the rumors! There is no change in the deed tax preferential policies for house transactions everywhere
Xinhua News Agency reporters Yu Qiongyuan and Xie Xiyao
For ordinary people, buying and selling houses is a big deal. In the process of real estate transactions, deed tax will be encountered. The "Deed Tax Law of the People's Republic of China" passed at the 21st meeting of the Standing Committee of the 13th National People's Congress will come into effect on September 1 next year. Will there be any changes to the deed tax and will it affect the sale of houses? In response to common people’s concerns, the reporter recently visited real estate agencies and tax offices in Beijing, and interviewed relevant experts and scholars. Through different voices, let us have a comprehensive understanding of this tax that is closely related to our lives.
There is no substantial change between the deed tax law and the deed tax interim regulations
As soon as the news of the deed tax law was passed, it attracted the attention of many real estate agencies. Some intermediaries even posted directly on social media saying, “You have to buy a house as soon as possible. The original 1% and 1.5% tax rates will be increased!”
How to correctly understand the impact of the deed tax law on the real estate industry?
Fan Yong, a professor at the Central University of Finance and Economics, told reporters that the main purpose of deed tax legislation is to further improve its legislative level, practice tax statutory principles, and make national legal regulations under the premise of the steady implementation of the original interim regulations. The deed tax law stipulates that the deed tax rate is 3%-5%. The previous provisional regulations on deed tax clearly stipulated that the basic tax rate of deed tax is also 3%-5%.
"The statutory tax rate has not been adjusted this time. The 1% and 1.5% tax rates mentioned by the real estate agent are the tax preferential policies for individual purchases of houses under the original deed tax provisional regulations. That is, the individual purchases of the only house in the family will be reduced by 1% and 1.5%. The tax rate is levied on deed tax. This preferential tax policy has other restrictions. The above-mentioned policy is still in effect, and the preferential tax rate is still implemented." Fan Yong said.
According to data from the Shell Research Institute, as of August 24, the average daily transaction of second-hand houses in Beijing Lianjia this month was basically the same as the average daily transaction in July. According to the response from insiders of Lianjia, the main purpose of the community's statement that the deed tax law will increase the deed tax of home buyers is to stimulate home buyers to enter the market as soon as possible. But the actual situation is that the current passing of the deed tax law does not involve deed tax adjustments, so it will not affect the transaction costs of home buyers. It is recommended that home buyers arrange the pace of home purchase reasonably according to their actual conditions.
There are three new highlights in the deed tax law
The deed tax law does not involve adjustments to preferential tax rates. The specific applicable tax rate of the deed tax shall be proposed by the people's government of provinces, autonomous regions, and municipalities directly under the Central Government within the tax rate range specified in the preceding paragraph, reported to the Standing Committee of the People's Congress at the same level for decision, and reported to the Standing Committee of the National People's Congress and the State Council for the record. Provinces, autonomous regions, and municipalities directly under the Central Government may determine differential tax rates for the transfer of ownership of different subjects, regions, and types of housing in accordance with the procedures prescribed in the preceding paragraph.
By studying the deed tax law, we found that local governments can determine differential tax rates according to different housing types. The deed tax law clarifies the current special method of transferring ownership and deed tax exemption policies, and appropriately expands the preferential tax policies for public welfare undertakings. Clarified the tax refund regulations. In other words, if the house purchase contract is cancelled and terminated midway, the taxpayer can apply to the tax authority for a refund of the tax paid. At the same time, the tax declaration requirements are simplified, and it is clarified that taxpayers can declare and pay the deed tax before applying for the real property certificate.
"This new regulation is mainly about the shift of the tax system. Compared with the original interim regulations, there is no substantial change, so the impact on various industries is not obvious." Fan Yong said, especially for the real estate industry, the policy is stable and stable. Conducive to the stability of the real estate market. The increased preferential policies for public welfare undertakings can play a certain role in supporting the development of public welfare undertakings.
Stable tax order, housing transaction tax payment is more convenient
The Sixth Taxation Office of Beijing Haidian District Taxation Bureau is mainly responsible for the deed taxation business. Reporters here found that there is no change in the handling of deed tax business. According to the relevant person in charge of the taxation department, the business of buying and selling houses is more complicated. Buyers and sellers have different tax obligations. The current focus of the taxation department is to improve overall taxation facilitation.
It is understood that in recent years, the Beijing Municipal Taxation Bureau has cooperated with relevant departments of the municipal housing construction and real estate registration to continuously improve the convenience of housing transaction tax payment and certification: in terms of process, it has realized the "one-window processing" of real estate transaction, tax payment, and registration through inter-departmental The joint office method guarantees that the entire business process "runs at most once", and the single window is completed on the same day; on the platform, the cross-departmental system has been integrated to achieve "one network operation", and taxpayers can submit the materials required by each department at one time online to achieve the entire process Only log in to one system and submit only one set of materials, which greatly reduces the processing time. In terms of technology, full use of "blockchain" cutting-edge technology provides enterprises and individuals with online tax payment functions and electronic tax payment receipts, so as to achieve "no need to run once". Meeting review and non-contact tax processing allow taxpayers to complete all aspects of real estate transactions without leaving their homes, which is widely recognized by taxpayers.
At present, the deed tax preferential policies for housing transactions in various places have not changed. Fan Yong believes that, on the whole, whether the deed tax law has a new impact on the real estate market depends on whether the deed tax policy of real estate transactions has changed within the scope of their legal authorization.