How Should Foreign Domestic Rental Housing Pay Urban Real Estate Tax?
According to the document of Beijing Finance and Taxation (1998) 795, the rental housing of foreign individuals with property rights shall be calculated on the basis of the original value of their property and the urban real estate tax shall be calculated.
The formula is: the tax payable = the original value of the house * 1.2% * (1-30%)
- Related reading
When The Original Value Of The Taxpayer'S Property Has Been Increased Or Reduced, What Period Of Tax Rebate Should Be Handled?
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