The resettlement housing tax policy exempts the construction land of dangerous houses and resettlement houses from urban land use tax. Exempt from stamp duty related to the purchase of resettlement houses by management units, developers and individuals who decorate resettlement houses. If an individual purchases a renovated resettlement house below 90 square meters for the first time, the deed tax shall be levied at the rate of 1%; The purchase of more than 90 square meters, but in line with the standard of ordinary housing renovation resettlement housing, according to the statutory tax rate levied by half deed tax.

According to Article 1 of the Notice on Preferential Tax Policies for Reconstruction Projects of Cities and State-owned Industrial, Mining and Shantytowns, the land for reconstruction of resettlement houses is exempted from urban land use tax. Exempt from stamp duty related to the purchase of resettlement houses by management units, developers and individuals who decorate resettlement houses. In supporting the construction of resettlement houses in commercial housing and other development projects, according to the relevant materials issued by government departments, the compensation agreement for house expropriation (demolition) or the shantytown renovation contract (agreement), and according to the proportion of the construction area of the renovated resettlement houses to the total construction area, urban land use tax and stamp duty are exempted.

Article 4 The deed tax shall be levied at the rate of 1% when an individual purchases a renovated resettlement house of less than 90 square meters for the first time; The purchase of more than 90 square meters, but in line with the standard of ordinary housing renovation resettlement housing, according to the statutory tax rate levied by half deed tax.

Extended data:

Notice on Preferential Tax Policies for Renovation Projects of Cities and State-owned Industrial, Mining and Shantytowns Article 2 Enterprises, institutions, social organizations and other organizations shall be exempted from land value-added tax if the value added does not exceed 20% of the deducted project amount.

Article 3 Where the business management unit repurchases the allocated reconstruction resettlement houses and continues to use them as reconstruction resettlement houses, the deed tax shall be exempted.

Article 5 Individuals who obtain monetary compensation for house expropriation and use it to purchase houses for decoration and resettlement, or who exchange property rights for houses for expropriation and obtain houses for decoration and resettlement, shall be exempted from deed tax in accordance with relevant regulations. Personal compensation for demolition obtained by individuals shall be exempted from personal income tax in accordance with relevant regulations.

Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on the tax policy of shantytown renovation