Announcement of the State Taxation Administration on Certain Matters concerning Deed Tax Payment Services and Collection Administration
Announcement of the State Taxation Administration on Certain Matters concerning Deed Tax Payment Services and Collection Administration
Announcement of the State Taxation Administration on Certain Matters concerning Deed Tax Payment Services and Collection Administration
Announcement of the State Taxation Administration [2021] No.25
August 26, 2021
In order to implement the Opinions on Further Deepening the Tax Collection Reform issued by the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council, effectively optimize the deed tax payment services and regulate the deed tax collection administration, the relevant matters are hereby announced as follows in accordance with the Law of the People's Republic of China on Deed Tax (hereinafter referred to as the "Deed Tax Law"), the Announcement of the Ministry of Finance and the State Taxation Administration on the Implementation Standards for Relevant Matters concerning Thoroughly Implementing the Deed Tax Law ([2021] No.23, hereinafter referred to as "Announcement No.23") and other relevant provisions:
I. The deed tax is declared based on the real estate unit.
II. If the ownership of land or houses is transferred through making investment (holding shares) based on valuation, debt repayment and other ways that require the delivery of economic benefits, the applicable tax rate and tax base of the deed tax shall be determined by reference to the transfer of land use rights or sale of houses.
If the ownership of land or houses is transferred by means of allocation, rewards, etc., without price involved, the applicable tax rate and tax base of the deed tax shall be determined by reference to gifting the land use rights or houses.
III.
......
Announcement of the State Taxation Administration [2021] No.25
August 26, 2021
In order to implement the Opinions on Further Deepening the Tax Collection Reform issued by the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council, effectively optimize the deed tax payment services and regulate the deed tax collection administration, the relevant matters are hereby announced as follows in accordance with the Law of the People's Republic of China on Deed Tax (hereinafter referred to as the "Deed Tax Law"), the Announcement of the Ministry of Finance and the State Taxation Administration on the Implementation Standards for Relevant Matters concerning Thoroughly Implementing the Deed Tax Law ([2021] No.23, hereinafter referred to as "Announcement No.23") and other relevant provisions:
I. The deed tax is declared based on the real estate unit.
II. If the ownership of land or houses is transferred through making investment (holding shares) based on valuation, debt repayment and other ways that require the delivery of economic benefits, the applicable tax rate and tax base of the deed tax shall be determined by reference to the transfer of land use rights or sale of houses.
If the ownership of land or houses is transferred by means of allocation, rewards, etc., without price involved, the applicable tax rate and tax base of the deed tax shall be determined by reference to gifting the land use rights or houses.
III.
......