On September 1st, a piece of news aroused heated discussion, which touched the nerves of many taxpayers: #中國(guó)新《契稅法》 officially started to implement# .
With the continuous rise of housing prices in recent years, the deed tax amount has naturally risen. So what are the exemption policies that the new "Deed Tax Law" has, let's take a look:
During the marriage relationship between husband and wife changes in land and house ownership, deed tax is exempted
01
If both spouses have not yet divorced and increase or change the ownership of property rights, no more taxes will be levied. According to the new regulations, if both spouses request to change the ownership of the house during their marriage, they do not need to pay the deed tax, because after marriage, this is the joint property of the husband and wife and is a gift, so there is no need to levy Deed tax.
The legal heir inherits the ownership of land and houses through inheritance and is exempt from deed tax
02
The legal heir is exempt from deed tax when inheriting the house. According to public data, the number of only children in my country has reached 150 million at present, and it is expected to reach 300 million in 30 years, that is, by 2025. Regarding the issue of property inheritance for children of “only child parents”, it is early There are provisions in the "Civil Code". The "Deed Tax Law" clearly stipulates that the legal heir can be exempt from deed tax when inheriting a house.
The tax legislation presses the "accelerator key", and the six major tax categories are waiting.
03
Various signs can be seen that the tax legislation has pressed the "accelerator".
Among China’s 18 tax categories, 12 are actually in legal form, and the other 6 tax categories are still in the form of interim regulations of the State Council.
They are: "Land value-added tax, value-added tax, consumption tax, customs duty, real estate tax, urban land use tax."
In order to implement the principle of legal taxation, these taxes have also been initiated in the legislative process and will be upgraded to laws or be abolished.
Then the most discussed one is "property tax". Common prosperity and the policy of "housing and not speculating", all localities adopt measures to control housing prices to curb the excessive rise in housing prices...
Whether it is policy regulation or the promotion of real estate tax, it can be seen that many people who are accustomed to real estate investment in China may lose this investment market .
Therefore, more and more investors have turned their attention to overseas.
On the one hand:Overseas real estate is mostly freehold, which is the best for Chinese investors in terms of wealth inheritance choose.
On the other hand:Investors can also gain overseas status while investing in overseas real estate, thereby realizing reasonable tax planning and wealth preservation .
While reaping their status, high-net-worth families also enjoy the rich returns brought by overseas real estate investment and high-quality social welfare, planning a better future for their children’s education.
From real estate investment to children's education, from identity planning to wealth inheritance, the allocation of overseas assets has broadened the global layout of ideas and channels for high-net-worth individuals.
Xingyunhai International has rich practical experience in overseas identity and asset allocation, and family wealth inheritance. We provide customers with "one-stop private customization, exclusive services". If you have related questions, please come to consult and discuss!
Source | Comprehensive news; part of the pictures in the article are from the Internet, and the copyright is owned by the original author
Editor | KiKi
Xingyunhai International
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