There are two standards for property tax collection: (1) ad valorem, and the tax basis is the residual value after deducting 10%-30% from the original value of the property; (two) from the rent collection (that is, the rental of real estate), the rental income of real estate as the tax basis. The specific reduction range of ad valorem 10%-30% shall be determined by the people's governments of provinces, autonomous regions and municipalities directly under the central government. For example, Zhejiang Province stipulates that the specific deduction is 30%. Property tax rate adopts proportional tax rate. If assessed according to the residual value of the property, the annual tax rate is1.2%; If assessed according to the rental income of real estate, the annual tax rate is 12%. The calculation of property tax payable is divided into the following two situations, and its calculation formula is: 1, the tax payable calculated according to the original value of the property = the original value of the property *( 1- 10% or 30%)* tax rate (1.2%) 2, and the tax payable calculated according to the rental income of the property should be.

Legal objectivity:

Article 6 of the Provisional Regulations on the Administration of Tax Collection in People's Republic of China (PRC), a taxpayer engaged in production and operation, carrying out independent economic accounting and approved by the administrative department for industry and commerce, shall, within 30 days from the date of obtaining the business license, apply to the local tax authorities for tax registration. Other units and individuals with tax obligations, except those that do not need to go through tax registration according to the provisions of the tax authorities, shall go through tax registration with the local tax authorities within 30 days from the date when they become legal taxpayers according to the provisions of tax laws and regulations.