Land value-added tax Shengzheng rate rise developer capital pressure will increase

Real estate land value-added tax Shengzheng rate rise ordinary residential Shengzheng rate rise one times will increase developer funds pressure reduce cover disk reluctant situation (reporter He Ying correspondent salesman) the state related to increase the land value-added tax Shengzheng rate policy officially landed in Guangzhou. Yesterday, the Guangzhou Tax Bureau issued a clear notice, starting from July 1 this year, real estate development projects land value-added taxes Shengzheng rate of ordinary residential category from the original 1% adjusted to 2%, the average residential from 2% to 3%, Villa from 2% adjusted to 4%.　　Industry experts believe that the move will increase the financial pressure of developers, cover plate reluctant will be reduced, but will not directly lead to lower property prices. Municipal government rent said that after the adjustment of ordinary residential Shengzheng rate of 2%, not ordinary residential 3%, Villa 4%, office space (office Room) for 2%, commercial premises and parking spaces for 4%.　　Before, the average residential Shengzheng rate is only 1%, the other commercial housing is 2%.　　The rules for the implementation of the temporary regulations on land value-added tax, when the taxpayer transfers the income of the real estate before the completion and settlement of the project, because it involves the cost determination or other reasons, and cannot calculate the land value-added tax, it can Shengzheng the land value-added tax, wait for the whole project to be completed, settle the settlement and then carry on the liquidation.　　Longbin, chief analyst at He Fu property, said that the policy has the most obvious impact on developers ' funds, which will promote the withdrawal of developers ' funds, especially for companies with less cash flow. "For large enterprises will not have a big impact, but for small and medium-sized Enterprises will have a greater impact," he said, listed companies in the first half of the earnings show that big companies do not lack of money. But after all, to occupy more capital, the project profits will fall, which will lead developers to more actively withdraw funds, "cover the plate reluctant and so on will be less." "Although the capital pressure is increasing, Longbin that the policy will not directly affect property prices," the individual believes that the adjustment of the Shengzheng rate of land value-added tax alone will not have a particularly large impact on property prices. Since February this year, sales around the country began to be good, some rose more than 10%, and some even doubled growth.　　"For the same is doubled to improve the rate of Shengzheng villas and commercial premises, Longbin that for a simple Villa project or villa project-oriented development enterprises, will have a significant effect, it is likely to be a price reduction promotion. Guyunchang, vice president of the China Housing and Real Estate Research Association, has also said to our correspondent that the country is now raising 0.5%~1%, the state is mainly to take into account the rapid rise in house prices, developers higher profits, adjust the Shengzheng rate to help curb house prices have risen too fast momentum.