Shanghai: Property Tax Is Temporarily Exempt From House Purchase.

Shanghai City Finance Bureau, Shanghai Local Taxation Bureau, Shanghai housing security and Housing Authority recently issued a joint issue on the city property tax pilot work to answer questions, this is January 31st Shanghai city.

According to the "City Government Bureau of housing and Taxation Bureau of the Municipal Finance Bureau", which is open to the public, the relevant questions answered in the pilot work of the real estate tax in this Municipality. Since the pilot of the Levy of real estate tax on some personal housing in this city, the tax department has already made some tax exemption for some individual housing.

In the "answer", the relevant departments responded and answered some of the identified problems.

For example, the problem of determining the number of households' housing units is explained by the relevant departments.

Two or more than two residents of households jointly owned or purchased housing should be counted in their families' housing units, and the household housing area should be calculated according to their respective share of housing.

For example, the "family of the city" should be identified in the pilot scheme of the original property tax. The relevant departments answered that the residents in this city refer to the residents who have permanent residence in this city.

According to the authoritative explanation, according to the authoritative explanation, the residents in this city are newly purchased and belong to the second or more families of the household. Whether the adult children of the family are living together, and their permanent residence accounts for the residence of the resident family, and can be incorporated into the household, and the duty free housing area is calculated according to 60 square meters per person.

For the adult children who have calculated the area of duty-free housing incorporated into the household, the duty-free housing area shall not be repeated.

The above "no housing" means that the families belonging to adult children have no housing in this Municipality.

Earlier, some members of the public asked whether to buy affordable housing such as relocation housing and other special properties. Do they also have to pay property tax? How do we calculate the payment of property tax for the housing acquired by households in this city because of housing levy or demolition? The relevant departments answered this question: temporarily levy property tax on the housing purchased or acquired by households in this city because of housing levy or demolition.

The above housing exceeds the compensation standard of housing levy or demolition in the state and this Municipality, and the tax exemption area shall be determined according to the regulations.

In addition, in response to the question of "how to deal with the tax matters relating to property tax after the change of household housing situation", the answer clearly points out that the housing situation of the residents has changed, involving the adjustment of taxable housing and real estate tax matters, and it can declare to the local tax authorities where the taxable housing is located, and re apply for the declaration and determination of the tax information of the real estate tax, and adjust the tax from the next month after the reconfirmation of the local tax authorities.