Land value-added tax clearing and development costs
Real estate development costs refer to the actual costs of taxpayers' real estate development projects, as follows:
1. Compensation for land expropriation and demolition
mainly includes land expropriation fees; Farmland occupation tax; The labor resettlement fee and the net expenditure on the compensation for the removal of the above-ground and underground attachments, etc.
2. Pre-project expenses
mainly include planning, design, project feasibility study, hydrology, geology, survey, surveying and mapping, "three links and one leveling" and other expenses.
3. Construction and installation engineering costs
1. Construction and installation engineering costs paid to contractors by way of contracting;
2. Construction and installation engineering expenses generated by self-management.
iv. Infrastructure expenses
mainly include the expenses incurred in developing roads, water supply, power supply, gas supply, sanitation, greening, communication, lighting and other projects in the community.
V. Expenses for public facilities
Mainly include the expenses incurred from the development of public facilities in the residential area that cannot be transferred with compensation.
VI. Indirect development expenses
refers to the expenses incurred by directly organizing and managing development projects, mainly including wages, employee welfare expenses, office expenses, depreciation expenses, repair expenses, utilities, etc.
how to confirm income when land value-added tax is settled?
according to the relevant provisions of the notice of State Taxation Administration of The People's Republic of China on issues related to land value-added tax liquidation, when land value-added tax is liquidated, if the commercial housing sales invoice has been issued in full, the income will be confirmed according to the amount on the invoice; For those who have not invoiced or invoiced in full, the income shall be recognized according to the amount of house sales and other income stated in the sales contract signed by both parties to the transaction. If the area of commercial housing contained in the sales contract is inconsistent with the actual measured area of the relevant departments, and the payment has been made up or returned before liquidation, it will be adjusted when calculating the land value-added tax.
land value-added tax settlement process of real estate enterprises
Must land value-added tax be paid in advance before settlement?
it is not necessary to pay the land value-added tax in advance before liquidation. Daily declaration of land value-added tax is paid in advance at different levy rates according to different projects. Whether land value-added tax is declared and paid in full at ordinary times is not a condition of land value-added tax liquidation. As long as all real estate projects have been completed and sold, land value-added tax liquidation procedures should be handled according to regulations.