10 year 10 on October 30th, the State Taxation Bureau issued the Announcement on Adjusting the Approved Collection Rate of Personal Income Tax and Land Value-added Tax on the Transfer of Personal Second-hand Houses in Dongguan, and the approved collection rate of personal income tax on the transfer of personal second-hand houses was adjusted to 1%. Implemented from 202 1, 1,1.

According to the announcement, the approved personal income tax rate for second-hand housing personal transfer is adjusted to 1%, and the approved personal income tax rate for second-hand non-residential personal transfer is adjusted to 1.5%. In the case of transfer under special circumstances such as auction, it shall be implemented in accordance with relevant tax policies. The approved collection rate of personal transfer of second-hand non-residential housing land value-added tax is adjusted to 5%.

Previously, the tax on second-hand housing transactions in Dongguan can be levied in two ways, the full amount is 2% or the difference is 20%.