From September 1, 2021, the deed tax for the first house will be 3%, the second house will be 5%, and the third house will be deeded. New regulations for 2021

Since the promulgation of the new deed tax law, people’s biggest concern has been the increase in deed tax, and real estate agents have also taken advantage of people’s worries by publicizing that starting from September 1, 2021, the deed tax for first-time homes will be 3%. The 5% rate for houses makes everyone believe it and cause panic. So from September 1, 2021, is the deed tax of 3% for the first house and 5% for the second house true? What are the new regulations on property deed tax for three suites in 2021? Let’s take a look below.

From September 1, 2021, the deed tax will be 3% for the first house and 5% for the second house.

It is not accurate to say that the deed tax will be 3% for the first house and 5% for the second house from September 1, 2021. Article 3 of the New Deed Tax Law stipulates that “the deed tax rate is 3% to 5%.” my country’s deed tax rate has been 3% to 5% for 20 years, because in actual operation, it is implemented by relevant departments. Preferential policies, so the tax rate of the new deed tax law this time is the same as the previously stipulated deed tax rate, and the deed tax we pay is 1.5% because of the preferential policies of the government department, so it is levied at 1.5%. It does not mean that the original law stipulates The upper limit is 1.5%. Please don’t be misled.

The current real estate deed tax rate is 1% to 3% after discounts: the first house is levied at a rate of 90_ and below, 1.5% for 90_ and above; the second house is 90_ and below. 1%, 2% for 90_ and above; 3% for two sets, 4% for three sets and above.

The new "Deed Tax Law" levies the property deed tax in 2021 at three to five percent. Of course, the specific collection standards must be determined by the people's governments of provinces, autonomous regions, and municipalities directly under the Central Government, and differential tax rates are determined for the transfer of ownership of different entities, different regions, and different types of housing. However, if relevant conditions are met, exemptions or reductions will be provided.

Conditions for deed tax reduction in 2021

Provinces, autonomous regions, and municipalities directly under the Central Government may decide to exempt or reduce deed tax under the following circumstances:

(1) Due to land, If the house is expropriated or requisitioned by the people's government at or above the county level, the land and house ownership will be re-acquired; (2) If the house is lost due to force majeure, the housing ownership will be re-taken.

Conditions for deed tax exemption in 2021

(1) State agencies, institutions, social groups, and military units inherit land and house ownership for office, teaching, medical, scientific research, Military facilities;

(2) Non-profit schools, medical institutions, and social welfare institutions assume land and house ownership for office, teaching, medical care, scientific research, elderly care, and assistance;

< p>(3) Inherit the land use rights of barren mountains, wasteland, and barren shoals for agricultural, forestry, animal husbandry, and fishery production;

(4) Change of land and house ownership between husband and wife during the marriage relationship;

(5) Legal heirs inherit the ownership of land and houses through inheritance;

(6) Foreign embassies, consulates and representatives of international organizations in China who should be exempted from tax in accordance with the law The institution assumes ownership of land and housing.

New regulations on deed tax for three-family properties in 2021

The promulgation of the "Deed Tax Law" does not directly increase the deed tax rate. The specific tax rate is determined by each province, autonomous region, and municipality directly under the "Deed Tax Law" "Based on the actual situation of various places, differentiated tax rates will be implemented based on the ownership transfer of different entities, different regions, and different types of housing.

At the same time, the state will also protect the reasonable home-buying needs of those who just need to buy a home, and will continue to implement deed tax exemptions and reductions for those who just need to buy a house. It will not directly increase the level of deed tax.

1. The first-time purchase of ordinary housing is subject to deed tax: 1% within 90 square meters, 1.5% within 90-144 square meters, and 2% for non-first-time purchases.

2. The tax items for the third house are the same as those for the first two houses, and are determined based on the circumstances of the house purchase. They all include deed tax, personal income tax, business tax and its surcharges, and stamp duty. Whether these taxes are exempt or have different tax rates will be determined based on the third house you purchase.

3. Different regions may have certain discounts depending on whether the first home is the first home or the area, but the basis for calculation is still related to the price and area of ??the third home purchased. The restrictions on the third home just depend on the purchase restriction policies in different regions.

4. In addition to the deed tax, there is also the property tax, which is a holding tax, which is different from the purchase or transaction tax.

5. The third home of the family For housing, a property tax of 4% to 5% is levied every year, with no deduction; for the fourth house of a family and above, a property tax of 10% is levied annually, without a deduction; the original "Provisional Regulations on Property Tax" are cancelled. It is stipulated that personal residences can pay property tax at the rate of 12% of the rental income; for commercial properties, the property tax is paid at the rate of 12% of the rental income every year; the only residence for a family is exempt from the property tax.

6. The deed tax rate is 3%-5%, usually 3%. In order to support the real estate industry, in principle, the deed tax for properties with two, three or more suites is levied at 3%;

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The above is the relevant content compiled by the editor about "the deed tax of 3% for the first set and 5% for the second set starting from September 1, 2021".