Property tax is not deductible for the following reasons:
1. Property tax and personal income tax are two kinds of taxes, and property tax and personal income tax belong to income tax.
2. Taxpayers of individual income tax include resident taxpayers and non-resident taxpayer. Resident taxpayers have the obligation to pay taxes completely, and must pay individual income tax on all their income from inside and outside China; Non-resident taxpayer only pays individual income tax on its income derived from China.
3. The Ministry of Finance and State Taxation Administration of The People's Republic of China clarified the tax basis of deed tax, property tax, land value-added tax and personal income tax involved after the reform.
Property tax rebate policy 202 1 1, property tax rebate policy 202 1 Interpretation of the first home tax rebate policy: If an individual purchases a family's only house (family members include the purchaser, spouse and minor children, the same below) with an area of 90 square meters or less, the deed tax will be levied at a reduced rate of 1%. If the area is over 90 square meters, the deed tax shall be levied at the reduced rate of 1.5%;
2. Real Estate Tax Refund Policy 202 1 Interpretation of Second Suite Tax Refund Policy: If an individual purchases a second improved family house with an area of 90 square meters or less, the deed tax will be levied at a reduced rate of 1%. If the area is more than 90 square meters, the deed tax will be levied at a reduced rate of 2% (the North, Guangzhou and Shenzhen will not be implemented for the time being). Individuals who are inconsistent with the above provisions do not enjoy the above preferential policies, and the deed tax shall be levied at the statutory tax rate of 3%;
3. Property Tax Refund Policy 202 1 If you don't enjoy the preferential tax rate when buying a house, you can apply for tax refund. For taxpayers who meet the above conditions but do not enjoy the preferential deed tax, if they have paid the deed tax at the statutory tax rate of 3% and obtained the tax payment certificate issued by the tax authorities, they may apply to the tax authorities where the real estate is located for refund of the overpaid deed tax. Real estate tax refund policy 202 1 No matter which city, there are relevant regulations. You can judge whether it meets the local real estate tax rebate policy according to your own reality. ...