China News Service, Wuxi, May 2 (Reporter Sun Quan) Wuxi Housing and Urban-Rural Development Bureau and Wuxi Taxation Bureau of the State Administration of Taxation jointly issued the "Notice on Adjusting the Exemption Period of Personal Housing Transfer Value-Added Tax" (referred to as "" Notice), it is clarified that the value-added tax exemption period for personal housing transfer in Wuxi urban area is adjusted from 5 years to 2 years.

  Although many real estate agencies have "released" this news before, but when this news was officially released by the official, it still caused quite a stir in Wuxi.

"The 'relaxation' of the policy means that the boots have finally landed." Industry insiders believe that this move will help boost confidence in the Wuxi real estate market.

  Since the beginning of this year, many cities in China have introduced policies to "relax" the demand side of the property market, and the support objects are more inclined to the rigid demand groups, and the overall support for improving demand is weak.

  To a certain extent, the new policy in Wuxi is conducive to reducing the transaction cost of second-hand housing, providing support for "selling old and buying new", and is conducive to the release of improving demand.

  "Since last night, there have been significantly more people who came to see us. There are also many who came to 'hang' the house. It can be seen that both buyers and sellers are very concerned about the new policy." On the 2nd, Huishan District, Wuxi City A staff member of a real estate agency on Huahui Road described the changes brought about by the New Deal to reporters.

  It is understood that the content of the "Notice" issued by Wuxi this time is very short. The main content is: In order to maintain the stable and healthy development of the real estate market, after research, the period of VAT exemption for personal housing transfer in Wuxi urban areas shall be implemented in accordance with national regulations, and adjusted from 5 years. for 2 years.

The "Notice" will be implemented from May 1, 2022.

  The reporter learned that this is also one of the many "warm market" measures in Wuxi's real estate market recently.

Before the release of the "Notice", Wuxi had proposed that the city will launch the "Red May" city-wide promotion of real estate development projects in May, organize nearly 150 real estate development projects in the urban area to increase discounts, and promote the stability of the real estate market. pick up.

  On the evening of April 30, Liangxi District, the main urban area of ​​Wuxi, fired the "first shot" and took the lead in holding the "Liangcheng Beautiful Landscape" wonderful life festival and the first real estate fair in Liangxi District in Wuxi.

Also in April, the Wuxi Municipal Health and Health Committee also issued a document mentioning that households with household registration in Wuxi who have two or more children in the city can add a new set of purchase indicators in the purchase-restricted area.

  It is reported that in August 2020, in order to resolutely curb speculative real estate speculation, Wuxi announced to adjust the value-added tax exemption period for personal housing transfers in urban areas (excluding key areas for shantytown renovation) from 2 years to 5 years.

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