Article 3 The deed tax
rate is 3% to 5%.
The specific applicable
tax rate of 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.
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Article 3 The deed tax
rate is 3% to 5%.
The applicable tax rate
of the deed tax shall be determined by the people’s policies of the
provinces, autonomous regions, and municipalities directly under the Central
Government within the range specified in the preceding paragraph in
accordance with the actual conditions of the region, and shall be reported to
the Ministry of Finance and the State Administration of Taxation for the
record.
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Article 6 In any of the following circumstances, deed tax is exempted:
(1) State organs, public institutions, social organizations, and
military units take ownership of land and houses for office, teaching,
medical treatment, scientific research, and military facilities;
(2) Non-profit schools, medical institutions, and social welfare
institutions take ownership of land and houses for office, teaching, medical
care, scientific research, pension, and assistance;
(3) Accepting the land use rights of barren mountains, barren land, and
barren beaches for agriculture, forestry, animal husbandry, and fishery
production;
(4) Change of ownership of land and house between husband and wife
during the marriage relationship;
(5) The legal heir inherits the ownership of land and houses through
inheritance;
(6) Foreign embassies, consulates and representative offices of
international organizations in China that should be exempted from taxes in
accordance with the law shall inherit the ownership of land and houses.
According to the needs of the national economy and social development,
the State Council can provide for exemption or reduction of deed tax for
housing demand guarantee, enterprise restructuring and reconstruction, and
post-disaster reconstruction, and report to the Standing Committee of the
National People's Congress for the record.
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Article 6 Under any of
the following circumstances, the deed tax shall be reduced or exempted:
(1) State organs,
institutions, social organizations, and military units are exempt from
expropriation if land and houses are used for office, teaching, medical
treatment, scientific research and military facilities;
(2) Urban employees who
purchase public housing for the first time in accordance with regulations are
exempted;
(3) Where the house is
repurchased due to force majeure, the house is lost or exempted as
appropriate;
(4) Other items of deed
tax reduction or exemption stipulated by the Ministry of Finance.
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