How does individual buy housing deed tax levy?

2022-07-10 0 By

How does individual buy housing deed tax levy?Since February 22, 2016, deed tax will be levied at the rate of 1% for individuals who purchase only family houses (family members include buyers, spouses and minor children, the same below) with an area of 90 square meters or less.For an area of more than 90 square meters, deed tax shall be levied at a reduced rate of 1.5 percent;Deed tax will be levied at a reduced rate of 1% for individuals who purchase a second set of improved family housing with an area of 90 square meters or less.For an area of more than 90 square meters, deed tax shall be levied at a reduced rate of 2%;The deed tax shall be levied at a rate of 3% for individual purchases of the third house or above, regardless of area.