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    Shanghai And Chongqing Property Tax: 3 Months Less Than 1 Tax

    2011/5/9 10:54:00 36

    Property Tax In Shanghai And Chongqing

    As of April 27th, Shanghai City Taxation Taxable by organs housing The 2306 set, from the first personal housing property tax payable in Shanghai in March, was estimated to be about 20 entries. Property tax Paid.


    Even in accordance with the average payment of 50 thousand yuan per unit of housing, Shanghai property tax pilot three months of warehousing tax is only about one million yuan, far less than a set of housing in Shanghai.


    According to the above officials of the Chongqing Finance Bureau, there are only a few hundred thousand dollars. In this regard, the official's view is that, in accordance with the implementation details of the housing tax pilot, the stock tax of the single family villa can be paid from October 1st to 31 of that year, and the tax that has been put into storage is mainly completed the transaction of residential.


    Even so, in Chongqing's residential transactions, the need to pay property tax accounts for roughly five percent to six of the total volume of transactions.


    At the same time, the expected fall in housing prices is not visible. According to the data released by the National Bureau of statistics, the price of newly built commercial housing in Chongqing rose in March. Similarly, the average price of commercial housing in Shanghai rose 12% in the first quarter.


    Property buyers consider fresh property taxes


    Fu Qi, manager of Shanghai real estate marketing department, told reporters that although some investors asked for property tax when buying houses, this is not the main factor for them to consider.


    In addition, some investors believe that housing prices will still rise in the next year, and the proceeds from house prices can completely offset the current tax rate. Fu Qi told reporters, so many investors once determined to buy a house, do not care much about the property tax issue.


    Pilot scheme design deficiencies?


    Property tax may be inadequate in the design process. "The object of the levy is to add second new apartments. If the information is not displayed in second sets (the property can be transferred to the children and relatives), it will not be paid." Wei Ming real estate think tank marketing director Cai Weimin pointed out that Shanghai's property tax collection is not large and the pilot scheme determines the collection of objects.


     

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