Since the introduction of the new "National Five Articles", how to levy personal income tax on the sale of self-owned houses at 20% of the transfer income has attracted much attention. The detailed rules of Jiangsu local edition have not yet been announced, and there is still suspense about when the 20% tax will land. On the 9th, when the relevant person in charge of Jiangsu Provincial Local Taxation Bureau conducted an online interview with the official website Provincial Government, there was still no response to when Jiangsu issued the landing policy.
Yao Zhenbiao, director of the Income Tax Administration Department of the Provincial Local Taxation Bureau, said that if a 20% tax is levied, the decoration expenses and mortgage interest can be deducted when calculating the transfer income, but the maximum deducted decoration expenses are 10% of the original house price.
Don't deduct the decoration fee repeatedly.
The new "National Five Articles" stipulates that personal income tax shall be levied on the sale of self-owned houses in strict accordance with 20% of the transfer income, and the tax policy of personal housing transfer has become the topic that netizens are most concerned about. Zheng Jin, director of the Policy and Regulation Division of Jiangsu Local Taxation Bureau, said: "According to the current tax policy, personal housing transfer may involve business tax, urban maintenance and construction tax, education surcharge, personal income tax and deed tax."
Regarding how to implement the 20% that the public cares about, and whether there are detailed regulations on the amount of the difference deduction project, Yao Zhenbiao replied that according to the relevant national documents, when taxpayers actually pay taxes such as business tax when transferring houses, they actually pay the fees according to the regulations, such as house decoration fees, house loan interest, handling fees, notarization fees, etc. , you can deduct the tax.
Among them, the house decoration expenses shall be provided with a unified tax invoice for the actual payment of the decoration expenses, which shall be deducted within the specified proportion-purchased public housing and affordable housing, with the maximum deduction limit of 65438+ 0.5% of the original value of the house; For commercial housing and other houses, the maximum deduction limit is10% of the original value of the house; If the original purchase price includes decoration expenses, the decoration expenses shall not be deducted again.
As for the housing loan interest, as well as the handling fees and notarization fees paid by taxpayers, they must be fully deducted with valid certificates issued by the loan bank and relevant departments.
Only the house deed tax is halved.
For the "preferential tax policy for second-hand housing transactions" currently implemented in the province, Xia, director of the business tax and fund management department of the bureau, said that individuals who transfer or purchase ordinary houses for more than five years (inclusive) are exempt from business tax; If an individual transfers non-ordinary housing for more than 5 years (inclusive), business tax shall be levied according to the difference between the transfer income and the original purchase price. In addition, personal transfer of housing is temporarily exempt from land value-added tax and stamp duty.
In terms of individual tax, our province continues to implement personal transfer of the only housing for families who have lived for more than 5 years, and is temporarily exempt from personal income tax. If an individual purchases an ordinary house and the house belongs to the only family house, the deed tax will be levied by half. That is, if an individual purchases an ordinary house of 90 square meters or less, and the house belongs to the only family house, the deed tax will still be levied at the preferential tax rate of 1%; If the individual purchases more than 90 square meters but less than 144 square meters, and the house belongs to the only family house, the deed tax shall be levied at the rate of 1.5%.
Chen Shulong, deputy director of the Property and Behavior Tax Management Department of the bureau, said that according to relevant regulations, during the marriage relationship, the ownership of the house and land was originally owned by the husband and wife, and it was changed to be owned by both husband and wife, and the deed tax was exempted; Pre-marital property added after marriage shall be exempted from deed tax. Therefore, after the new regulation of "20% tax", the widely circulated tax avoidance law completed the renaming of real estate through "fake divorce" and "fake marriage". However, a few days ago, the Provincial High Court issued a circular reminding that agreements such as "imposters" claiming back their original property were not supported.