The relevant matters concerning the adjustment of the approved collection rate of personal income tax and land value-added tax on the transfer of personal second-hand houses in our city are hereby announced as follows:
1. The approved personal income tax rate for personal transfer of second-hand houses is adjusted to 1%, and the approved personal income tax rate for personal transfer of second-hand non-residential houses is adjusted to 1.5%. In case of transfer under special circumstances such as auction, it shall be implemented in accordance with relevant tax policies.
Two, the individual transfer of second-hand non-residential land value-added tax approved rate is adjusted to 5%.
This announcement will be implemented from 2002 1 year 1 1 month1day. In Appendix 2, Approved Collection Rate of Individual Income Tax in Zhuhai City, Announcement of the Taxation Bureau of Zhuhai City, State Taxation Administration of The People's Republic of China and the Taxation Bureau of Hengqin New District, Zhuhai City, State Taxation Administration of The People's Republic of China on Relevant Issues concerning the Income Rate and Approved Collection Rate of Individual Income Tax (No.3 of 20 19), the approved collection rate of individual income tax on the sale of real estate shall be abolished at the same time.
The "Announcement" unifies the approved collection rate of land value-added tax for personal transfer of second-hand non-residential houses at 5%, which is similar to other cities in the province and keeps the tax burden consistent.