In practice, financing methods mainly include financial institution financing, affiliated enterprise borrowing, unified borrowing and repayment, and entrusted loans. As a borrower of financing business, developers mainly involve stamp duty, value-added tax, land value-added tax and enterprise income tax.
"Provisional Regulations on Stamp Duty in People's Republic of China (PRC)" Annex Stamp Duty Items and Rates Table:
Loan contract: The loan contract signed between banks and other financial institutions and borrowers (excluding interbank lending) shall be sealed at 0.5 ‰ of the loan amount.
Measures for the implementation of the pilot project of changing business tax to value-added tax; The investment and financing consulting fees, handling fees and consulting fees directly related to loans paid by taxpayers to lenders through loan services shall not be deducted from the output tax.
Extended data:
Detailed Rules for the Implementation of the Provisional Regulations on Land Value-added Tax in People's Republic of China (PRC): The deduction items listed in Item 6 of Article 7 of the Regulations for calculating the value-added amount are as follows:
The expenses of land development, new houses and supporting facilities (hereinafter referred to as real estate development expenses) refer to the sales expenses, management expenses and financial expenses related to real estate development and projects.
Interest expenses in financial expenses can be calculated and apportioned according to the transferred real estate projects, and if financial institutions provide certificates, they can be deducted according to the facts, but the maximum amount shall not exceed the amount calculated according to the loan interest rate of commercial banks for the same period. Other real estate development expenses shall be deducted within 5% of the amount calculated according to the provisions of this article.
Baidu Encyclopedia-Detailed Rules for the Implementation of the Provisional Regulations on Land Value-added Tax in People's Republic of China (PRC)
Baidu Encyclopedia-Provisional Regulations on Stamp Duty in People's Republic of China (PRC)