1. Deed tax is the tax that the state must pay when buying and selling houses. According to the regulations of the state, the deed tax should be paid to the state for buying and selling houses, and the registration fee for buying and selling villas should be paid to the real estate department at the time of property right transaction. The deed tax, business tax and individual tax of the villa should be paid to the tax department where the house is located. 2. 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.
The sale of second-hand houses includes the following taxes: deed tax, personal income tax, value-added tax, stamp duty, deed tax, transaction fee, surveying and mapping fee, ownership registration fee and evidence collection fee, in addition to urban maintenance and construction tax and education surcharge as appropriate.
1, deed tax
The deed tax shall be borne by the buyer and paid to the Housing Authority on the day of transfer. Deed tax is levied at different tax points according to the situation of the house purchased. If an individual purchases the first suite with an area of 90 square meters or less, the deed tax shall be levied at the rate of taxable value (transaction price or online signing price, subject to local regulations) 1%; If the area is more than 90 square meters, it shall be taxable value 1. 5% tax rate.
Individuals who purchase a second suite with an area of 90 square meters or less will be subject to deed tax at the rate of taxable value 1%; If the area is more than 90 square meters, the deed tax will be levied at a reduced rate of 2% (the deed tax concession for the second suite does not include the north, Guangzhou and Shenzhen, and these four cities still pay the deed tax at 3%).
2. Value-added tax and additional tax
According to the regulations, the value-added tax and additional tax are borne by the seller, but in the second-hand housing transaction, in many cases, this fee is borne by the buyer.
3. Personal income tax
Personal income tax is also paid by the seller according to the regulations, but it is actually paid by the buyer. There are two ways to calculate personal income tax. One is 20% of the transaction price difference, where the price difference = taxable value-original value related taxes and fees-reasonable expenses, and the second is relatively simple, with taxable value × 1%. Personal income tax is more, but it can be reduced or exempted if it meets certain conditions: that is, only those who meet five conditions are exempted from personal income tax.
4. Agency fee
Most buyers will conduct second-hand housing transactions through intermediaries, but the use of intermediaries requires an intermediary fee. Brokerage fees charged by brokers in the market are mostly 1~3%. If buyers want to save this cost, they can also choose to trade on their own, but the process is more complicated.
5. Other expenses
Among the second-hand housing tax fees, deed tax/value-added tax/personal income tax/agency fee is the most expensive part, but there are some small expenses such as special real estate fees that need to be prepared by buyers according to the situation.
To sum up, it is Bian Xiao's relevant answer about whether the individual tax and deed tax are paid by the buyer. I hope I can help you.
Legal basis:
Article 2 of the Individual Income Tax Law of People's Republic of China (PRC) shall pay individual income tax:
(1) Income from wages and salaries;
(2) Income from remuneration for labor services;
(3) Income from remuneration;
(4) Income from royalties;
(5) Operating income;
(6) Income from interest, dividends and bonuses;
(7) Income from property lease;
(8) Income from property transfer;
(9) Accidental income.
Individual residents who obtain income from items 1 to 4 of the preceding paragraph (hereinafter referred to as comprehensive income) shall calculate individual income tax according to the tax year; Non-resident individuals who obtain income from items 1 to 4 of the preceding paragraph shall calculate individual income tax on a monthly or itemized basis. Taxpayers who obtain income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this law.