Chinanews client, Beijing, September 1st (Reporter Li Jinlei) From September 1, the "Deed Tax Law of the People's Republic of China" was officially implemented.

Has the deed tax rate increased or decreased?

Is there a deed tax discount for buying a house?

The picture shows the real property certificate.

Miao Chao photo

The deed tax rate has not risen!

  On August 11, 2020, the 21st meeting of the Standing Committee of the 13th National People's Congress voted to pass the deed tax law, which will come into force on September 1, 2021.

  The deed tax law stipulates that provinces, autonomous regions, and municipalities directly under the Central Government determine specific applicable tax rates within the range of 3% to 5%, and differential tax rates can be determined for the transfer of ownership of different subjects, regions, and types of housing.

  The reporter combed and found that 27 provinces, autonomous regions, and municipalities directly under the central government set the tax rate as the lowest level stipulated by the tax law, namely 3%; Hunan Province set it at 4%; Hebei, Liaoning, and Henan provinces set 3% and 4%. % Two tax rates, of which Hebei and Liaoning apply a 3% tax rate for the purchase of ordinary houses by individuals, and Henan for the transfer of housing ownership.

  "Overall, compared with the current deed tax rate, most regions in the country have kept their tax rates flat after the implementation of the tax law, and the 8 omissions in Heilongjiang, Henan, and Hubei have been reduced." said Liu Yi, deputy director of the Property and Behavior Tax Department of the State Administration of Taxation. The tax rate determined by localities is consistent with the current tax rate, which reflects the legislative principle that the tax burden level remains unchanged. The reduction of the current tax rate is to implement the tax reduction and fee reduction requirements, effectively reduce the burden on taxpayers, and further stimulate the vitality of market entities.

  The reporter learned that according to calculations, Hubei Province lowered the deed tax rate from 4% to 3%, which is expected to release nearly 4 billion yuan in policy dividends for the province's market entities each year.

The public handles the real property right certificate at the government service center.

Miao Chao photo

Buying a house still has deed tax concessions

  Before the implementation of the deed tax law, there were rumors in the market that the increase in deed tax rate and the abolition of concessions would increase the cost of buying a house.

But it turns out that this is a rumor.

  This is because the preferential policies for the purchase of a house deed tax are still being implemented and have not been cancelled.

  According to the announcement issued by the Ministry of Finance and the State Administration of Taxation on the connection of relevant preferential policies after the implementation of the Deed Tax Law, Articles 1 and 3 of the "Notice of the Ministry of Finance and the State Administration of Taxation on Adjusting Preferential Policies for Deed Tax and Business Tax on Real Estate Transactions" The deed tax policy in the article continues to be implemented.

  That is to say, for individuals purchasing the only house in the family (family members include buyers, spouses and minor children), the area of ​​90 square meters or less, the tax rate of 1% is levied deed tax; the area of ​​more than 90 square meters , The deed tax is levied at a reduced tax rate of 1.5%.

  For individuals purchasing a second set of improved homes for families with an area of ​​90 square meters or less, the deed tax will be levied at a reduced rate of 1%; for those with an area of ​​90 square meters or more, the deed tax will be levied at a reduced rate of 2%.

(Beijing, Shanghai, Guangzhou, and Shenzhen do not implement this deed tax preferential policy for the time being.)

  The announcement also made it clear that if a husband and wife divide their joint property due to a divorce, they will be exempt from deed tax if the ownership of the land or house changes.

Urban employees who purchase public housing for the first time in accordance with regulations are exempt from deed tax.

  Therefore, the deed tax rate has not increased, and the deed tax concessions for buying houses have not been cancelled, so don't be fooled.