Legal basis: Measures for the Implementation of Deed Tax in Xinjiang Uygur Autonomous Region
Article 5 The deed tax rate is 3%.
Article 6 Tax basis for deed tax:
(a) the transfer of state-owned land use rights, the sale of land use rights and the sale of houses are all transaction prices;
(two) the land use right gift and housing gift shall be approved by the tax authorities with reference to the market price of land use right sale and housing sale;
(three) the exchange of land use rights, housing exchange and the exchange between land use rights and housing ownership are the differences between the exchanged land use rights and housing prices;
(4) After the transfer of real estate is approved, the transferor of real estate should pay deed tax, and the tax basis is the paid land use right transfer fee or land income.
Without justifiable reasons, the above four transaction prices are obviously lower than the market price, or without justifiable reasons, the price difference between the houses exchanged for land use rights is obviously unreasonable, and the tax collection organ shall make verification with reference to the market price.
Article 7 The taxable amount of deed tax shall be calculated and collected according to the tax rate stipulated in Article 5 and the tax basis stipulated in Article 6 of these Measures. Calculation formula of tax payable:
Taxable amount = tax basis × tax rate
The tax payable is calculated in RMB. If the transfer of ownership of land and house is settled in foreign exchange, it shall be calculated by converting the central parity of RMB market exchange rate published by the People's Bank of China on the date when the tax obligation occurs into RMB.