According to the regulations, the deed tax will be levied at a reduced rate of 1% for individuals who purchase the only family housing area of 90 square meters or less; If the area is over 90 square meters, the deed tax shall be levied at the reduced rate of 1.5%. For individuals who purchase a second set of improved family housing with an area of 90 square meters or less, the deed tax shall be levied at a reduced rate of 1%; If the area is more than 90 square meters, the deed tax shall be levied at a reduced rate of 2%.
Expansion: What does deed tax mean?
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.
When will the deed tax be paid in 2022
Generally, the deed tax is paid when the real estate license is approved. Property buyers pay the down payment, and when signing the purchase contract with the developer, the developer will generally collect the deed tax of the real estate transaction and hand it over to the tax department. The taxpayer of house deed tax shall, within 0/0 day from the date of transfer of house ownership, file a tax return with the tax collection authority where the house is located, and fulfill the tax obligation within the time specified by the tax collection authority.
2022 deed tax collection standard
1. If an individual purchases the only house of a family (family members include the purchaser, spouse and minor children, the same below) with an area of 90 square meters or less, the deed tax shall be levied at a reduced rate of 1%; If the area exceeds 90 square meters, the deed tax shall be levied at a reduced rate of 1.5%;
2. If an individual purchases a second family house of less than 90 square meters, the deed tax will be levied at a reduced rate of 1%. If the area exceeds 90 square meters, the deed tax shall be levied at a reduced rate of 2%. Family two-suite improved housing refers to the second house purchased by a family that already owns a house;
3. Taxpayers apply for a new preferential tax declaration policy. In 2022, if a taxpayer applying for tax preference according to the new deed tax regulations applies for tax preference, the real estate department of the place where the house is purchased will issue a written inquiry result of the taxpayer's family housing according to the taxpayer's application or authorization. And send the query results and related house information to the tax authorities in time;
If the inquiry conditions are not met for the time being and the results of family housing inquiry cannot be provided, the taxpayer shall submit the credit certificate of the actual number of family housing to the tax authorities. If the bona fide guarantee is untrue, it is a false tax return, which shall be handled in accordance with the relevant provisions of the Law of People's Republic of China (PRC) on Tax Administration and made false records. Incorporate into the personal credit information system. The real estate administrative department shall, in accordance with the principle of convenience and quickness, issue the written inquiry results of the taxpayer's family housing situation in time, and the tax authorities shall complete the tax preference application submitted by the taxpayer within the specified time.
According to Article 3 of the Deed Tax Law, the deed tax rate is 3%-5%. The applicable tax rate of deed tax in various places is determined by the provincial government in the range of 3-5% according to the actual situation in the region, and reported to the Ministry of Finance and State Taxation Administration of The People's Republic of China for the record.