Preferential policies for land value-added tax
1, statutory tax exemption
In any of the following circumstances, the land value-added tax shall be exempted: (1) Taxpayers build ordinary standard houses for sale, and the value-added amount shall not exceed 20% of the deducted project amount; (two) due to the needs of national construction, real estate requisitioned and recovered according to law.
2, the transfer of real estate tax exemption
Due to the need of urban planning and national construction, taxpayers transfer their original real estate by themselves, and are exempted from land value-added tax after examination and approval by the tax authorities.
3, the transfer of self-use housing tax exemption
Individuals who transfer their original self-occupied houses due to job transfer or improvement of living conditions and have lived for 5 years or more shall be exempted from land value-added tax; Those who have lived for three years but less than five years will be subject to land value-added tax by half.
4. Real estate stocks are tax-free.
If real estate is used as a shareholding investment or joint venture, the real estate transferred to the invested or joint venture shall be exempted from land value-added tax.
5. cooperative self-occupied houses are tax-free.
If one party leaves the land and the other party contributes, and the two parties cooperate to build a house, and the house is allocated for their own use in proportion after completion, the land value-added tax will be temporarily exempted.
6, swap real estate tax exemption
Individuals who exchange their own residential properties shall be exempted from land value-added tax after verification by the local tax authorities.
7, real estate transfer tax exemption
For the real estate transfer contract signed before 1994 1, no matter when the real estate is transferred, the value-added tax is exempted.
8, real estate transfer tax exemption
1994 1 If a real estate development contract has been signed before, or if it has been itemized and invested in development according to regulations, the land value-added tax will be exempted before the end of 2000.
9, personal transfer of ordinary residential tax exemption
From August 1 9991day, the transfer of ordinary houses owned by individual residents will be temporarily exempted from land value-added tax.
10, the gift of real estate is not taxed.
If the property owner or the land use right owner donates the property right and land use right to the immediate family member or the person with direct support obligation, the land value-added tax shall not be levied.
Editor's summary: After reading the above introduction, I believe everyone has a further understanding of the preferential policies of land value-added tax. Please continue to pay attention to our website for more information, and more exciting content will be presented to you later.