New real estate tax regulations on September 1, 2021

The new real estate tax regulations on September 1, 2021 are as follows: The new deed tax law will start on September 1, 2021 Implementation, while property tax has not yet been levied nationwide, the two taxes are different.

No.1 New policy for taxpayers to apply for tax preferential declaration.

The specific operational methods for the new policy on house deed tax in 2021 will be jointly formulated by the finance, taxation, and real estate authorities of all provinces, autonomous regions, and municipalities directly under the Central Government. Except for Beijing, Shanghai, Guangzhou, and Shenzhen, which do not implement the second item of Article 1 of the 2021 new deed tax policy for the time being, all other regions will apply the new 2021 house deed tax policy.

No.2 New policy for first home deed tax in 2021.

For individuals who purchase the only home for the family (family members include the home buyer, spouse and minor children, the same below) with an area of ??90 square meters or less, the deed tax is levied at a reduced rate of 1%; If the area is more than 90 square meters, the deed tax is levied at a reduced rate of 1.5%.

No.3 Taxpayers apply for new tax preferential declaration policies.

If a taxpayer under the new deed tax regulations in 2021 applies for tax benefits, based on the taxpayer's application or authorization, the real estate authority in the place where the house is purchased will issue a written inquiry result of the taxpayer's family housing situation, and the inquiry result and Relevant housing information is transmitted to the tax authorities in a timely manner.

No.4 New policy for second house deed tax in 2021.

If an individual purchases a second improved house for a family with an area of ??90 square meters or less, the deed tax will be levied at a reduced rate of 1%; if the area is more than 90 square meters, the deed tax will be levied at a reduced rate of 2% levy deed tax. The second improved house for a family refers to the second house purchased by a family that already owns a house.

Objects to which property tax is levied

The taxpayer of property tax is the property owner of the property. If the property right is state-owned, the unit that operates and manages it is the taxpayer; if the property right is deeded, the deedee is the taxpayer; if the property owner and deedee are not in the local area or the property rights are not determined and the rental dispute is unresolved, the custodian or deedee shall be the taxpayer. The user is a taxpayer.

Property tax is levied on real estate. The so-called real estate refers to property in the form of a house, including its ancillary equipment, but does not include independent buildings, such as walls, chimneys, water towers, etc. A house refers to a place with a roof and enclosure structure (with walls or columns on both sides) that can protect against wind and rain, and where people can produce, work, study, entertain, live or store materials.