1. What are the real estate taxes?
1, VAT
Value-added tax (VAT) is a kind of turnover tax based on the value-added amount of goods (including taxable services) generated in the process of circulation. From the taxation principle, value-added tax is a kind of turnover tax levied on the added value of many links in commodity production, circulation and labor service or the added value of commodities. Extra-price tax is implemented, that is, it is borne by consumers, and tax is levied only if there is value added, and tax is not levied if there is no value added.
2, urban maintenance and construction tax and education surcharge
Urban maintenance and construction tax and education surcharge are based on turnover tax such as business tax, and city maintenance construction tax is levied at 7%, 5% and 1% respectively according to the local area, and education surcharge is levied at 3%.
3. Land value-added tax
Land value-added tax is a tax levied on units and individuals who transfer the right to use state-owned land, buildings and their attachments on the ground and earn income. Land value-added tax is calculated and levied according to the value-added amount obtained by taxpayers in transferring real estate and the prescribed applicable tax rate. The value-added amount is the balance of the income obtained by taxpayers in transferring real estate after deducting the project amount stipulated in the Regulations. It adopts four-level progressive tax rate, payable land value-added tax = applicable tax rate of land appreciation-quick deduction rate.
4. Property tax
Property tax is a kind of tax levied on domestic units and individuals who own property rights in cities, towns, counties and industrial and mining areas according to the original value of property tax or rental income. It is based on the original value (assessed value) of the property, and the tax rate is 1.2%. Annual tax payable = original value of the property (appraised value) (1-30%) 1.2%.
5. Urban land use tax
Urban land use tax is a kind of tax that is paid by installments and calculated on an annual basis, according to the prescribed tax amount, for units and individuals who have the right to use the land within the scope of cities, counties, towns and industrial and mining areas. Annual tax payable = (corresponding tax on land area at all levels). Real estate development enterprises use, lease or lend commercial houses built by their own enterprises, and urban land use tax and property tax shall be levied from the month following the use or delivery of the houses.
6, urban real estate tax, land use fees of foreign-funded enterprises
Urban real estate tax is a tax levied on foreign-invested enterprises, foreign enterprises and foreign individuals, Hong Kong, Macao and Taiwan compatriots who own property rights according to the original value of the property. Urban real estate tax is calculated according to the original value of the property, and the tax rate is 1.2%. Annual tax payable = original property tax rate (1-30%). The land use fee of foreign-funded enterprises is a fee levied on foreign-funded enterprises that use land within the administrative area of this Municipality according to the geographical location and remoteness of the enterprises, the prosperity of lots and the perfection of infrastructure. According to the actual land occupied by foreign-capital enterprises and the applicable unit standard of land use fees. Payable land use fee = applicable unit standard for occupied land area.
7. Stamp duty
Stamp duty is a kind of voucher tax with behavioral nature, which is levied on all kinds of vouchers listed in the provisional regulations on stamp duty in economic activities and economic exchanges. It is divided into ad valorem taxation and specific taxation. Tax payable = tax amount tax rate, tax payable = tax amount per unit of voucher quantity.
8. Deed tax
Deed tax is a kind of tax levied on the unit that bears the land use right and house ownership when transferring the land and house ownership in China. The scope of expropriation includes the transfer of state-owned land use rights, the sale of houses, the transfer of land use rights (including sale, gift and exchange), house gift and house exchange.
9. Personal income tax
Personal income tax is a tax levied on personal labor and non-labor income. What the real estate industry involves most is wages and salary income. It is applicable to the excessive progressive tax rate of 5%-45%. Taxable amount = taxable income applicable tax rate-quick deduction.
2. What is the real estate income tax rate?
The basic rate of enterprise income tax is 25%.
According to Article 9 of State Taxation Administration of The People's Republic of China's Notice on Printing and Distributing the Measures for Handling Enterprise Income Tax in Real Estate Development Business (Guo Shui Fa [2009] No.31), the income obtained by an enterprise from the sale of unfinished development products should be calculated according to the estimated taxable gross profit margin quarterly (or monthly) and included in the current taxable income. After the development product is completed, the enterprise shall timely settle its tax cost and calculate the actual gross profit of the previous sales revenue, and at the same time, the difference between its actual gross profit and its corresponding estimated gross profit shall be included in the taxable income calculated by combining this project with other projects in the current year. Therefore, real estate enterprises do not declare directly according to the project, but declare the gross profit calculated by the estimated gross profit rate in advance, and pay taxes when settling accounts.
What are the real estate taxes? The taxation of real estate includes many aspects, but each company or individual bears different taxes related to real estate according to the actual situation. What is the real estate income tax rate? The tax rate includes many aspects, so we should take a good look at it in combination with the actual situation.