From regulations to tax laws, the tax rate has not changed
Zhang Dawei, chief analyst of Zhongyuan Real estate, said that the deed tax rate is 3% to 5% stipulated in the deed tax law, which has no change from the deed tax regulations issued in 1997. This is from Regulations to tax statutory, which does not mean the increase or decrease of deed tax.
Yan Yuejin said that it can be seen that the phenomenon of encouraging house buyers to speed up housing transactions by taking this deed tax rate event has begun to increase. Therefore, it needs to be clear that the tax law will not be formally implemented until next year and will not involve tax rate adjustment. This is what needs to be done to stabilize housing transactions and market expectations in the second half of this year.
The deed tax law also makes it clear that provinces, autonomous regions and municipalities directly under the central government can determine different tax rates for the transfer of ownership of different subjects, different regions and different types of housing according to the procedures specified in the preceding paragraph.
Preferential housing contract tax
Previously, the Ministry of finance, the State Administration of Taxation and the Ministry of housing and urban rural development issued on February 17, 2016 the notice on adjusting the preferential policies of deed tax and business tax in real estate transactions (CS  No. 23) stipulates that: (1) for individuals to purchase the only house in a family (family members include house buyers, spouses and minor children, the same below), the area is 90 square meters If the area is more than 90 square meters, the deed tax shall be reduced at the rate of 1.5%.
uff082uff09 For the second set of improved housing purchased by individuals with an area of 90 square meters or less, the deed tax shall be levied at a reduced rate of 1%; if the area is more than 90 square meters, the deed tax shall be levied at a reduced rate of 2%.
However, Beijing, Shanghai, Guangzhou and Shenzhen will not implement deed tax preference.
In several opinions on implementing the Interim Regulations of the peoples Republic of China on Deed Tax issued by Shanghai on April 28 this year, it is clear that the applicable tax rate of Shanghai is 3%. The opinion is valid until April 30, 2030.
On the other hand, the contract tax on house purchase in Beijing has been reduced from 4% to 3% since July 1, 2002. For ordinary residential buildings purchased by individuals, the tax rate will be reduced by half on the basis of the 3% tax rate, and the original provisions on sectional collection of more than 120 square meters will be cancelled.
At present, Beijing housing transaction deed tax implementation.
CCTV finance and economics reported on August 12 that the contract tax law, in accordance with the principle of shifting the tax system, will clarify the current effective contract tax exemption policy, stipulating that the husband and wife change the ownership of land and housing during the existence of marriage relationship, and that the legal heir inherits the ownership of land and housing through inheritance, and is exempt from the deed tax.
Yan Yuejin said that compared with the previous regulations, the tax law has been adjusted at different levels, which is the biggest change. This is related to the legislative work, but has little to do with the regulation of the property market. More importantly, many contents of the past regulations have become outdated, and some new forms of transactions such as housing and land have emerged, which must be amended, deleted or supplemented at the same time as they are upgraded to laws. Firstly, the concept of state-owned land has been clearly defined, and the scope of collective land management has been increased. With the implementation of the new land management law, the transaction of rural collective business construction land is bound to increase, and the relevant deed tax collection must have laws to follow.
Third, the policy makes it clear that the legal heirs who inherit the ownership of land and housing are exempt from deed tax. In fact, there is no tax on such transactions in all parts of the country, but this time it has become a national law, which makes the operation more standardized and has laws to follow.
The deed tax law will come into force in September next year: the tax rate has not been adjusted or will not affect the purchase cost
There are voices on the Internet that at present, the deed tax rate of the first house is 1% - 1.5%, and after the implementation of the deed tax law next year, the purchase cost will be increased.
It is not difficult to see that the specific implementation of tax rates around the country is not fixed, which does not necessarily increase the cost of buying a house.
In this regard, Yan Yuejin, research director of the think tank center of E-House Research Institute, told the observer.com that at present, the Provisional Regulations of the peoples Republic of China on deed tax are implemented all over the country, which stipulates that the tax rate is the same as 3% - 5%. The difference is that the former Interim Regulations have been upgraded to laws, which have stronger binding effect on the follow-up regulation and guidance of housing transactions, but the content has not changed too much, There is no tax rate adjustment.
Therefore, he speculates that many people who claim that the increase in the deed tax rate will significantly increase the cost of purchasing a house may just want to use the opportunity to encourage the house buyers to speed up the housing transaction.