1. If an individual purchases an ordinary house, and the house is the only house in the family, and the area of the purchased ordinary commodity house is 90 square meters or less, the deed tax shall be levied at the reduced rate of 1%; If the area is over 90 square meters, the deed tax shall be levied at the reduced rate of 1.5%;
2. Deed tax will be levied at a reduced rate of 1% for individuals who purchase a second family-improved house with an area of 90 square meters or less; If the area is more than 90 square meters, the deed tax shall be levied at a reduced rate of 2%.
Deed tax is a kind of property tax levied on real estate whose ownership has changed. Taxable scope includes: the sale, gift and exchange of land use rights, the sale, gift and inheritance of houses.
Legal basis: Article 8 of People's Republic of China (PRC) Deed Tax Law.
Taxpayers who change the use of land or houses or have other circumstances in which deed tax is no longer exempted or reduced as stipulated in Article 6 of this Law shall pay the deed tax that has been exempted or reduced.
Article 11
After taxpayers pay taxes, the tax authorities shall issue deed tax payment vouchers. Taxpayers handle the registration of land and house ownership, and the real estate registration agency shall examine the deed tax payment, tax reduction or exemption certificate or related materials. If the deed tax is not paid as required, the real estate registration agency shall not handle the registration of land and housing ownership.