Public rental tax preferential policy issued

Our News (reporter Peng) in the future, China's public rental housing construction and public rental housing after the completion of urban land use tax exemption, the rental income obtained by operating public rental is exempt from business tax, real estate tax.　　Reporters yesterday learned that the Ministry of Finance, the State administration of taxation issued "on the support of public rental housing construction and operation of the relevant tax preferential policy notice." Notice stipulates that China's public rental housing construction and public rental housing after the completion of urban land use tax exemption.　　In other housing projects supporting the construction of public rental, according to the relevant materials issued by the government departments, according to the public rental area of the total construction area of the proportion of construction, management of public rental housing related to urban land use tax. The stamp duty on the construction of public rental housing for public rental management units shall be exempted.　　In other housing projects supporting the construction of public rental, according to the relevant materials issued by the government departments, according to the public rental area of the total construction area of the proportion of exempted from the construction, management of public rental involved in the stamp duty.　　The Public rental management unit to buy housing as a public rental, exemption from the deed, stamp duty, the public rental rental agreement between the two parties involved in the signing of the stamp duty shall be exempted.　　For enterprises and institutions, social organizations and other organizations to transfer the old house as public rental housing, and the value added amount does not exceed the deduction of 20% of the project amount, exemption from land value-added tax.　　Enterprises and institutions, social organizations and other organizations donated housing as public rental, in line with the provisions of the tax laws and regulations, the donation expenditure in the total annual profit of 12% of the portion, granted in the calculation of taxable income deduction.　　Rental income obtained from operating public rental housing is exempt from business tax and real estate tax.　　This policy is carried out on a spontaneous date, and the implementation period is tentatively 3 years. >> News to attract social funds to build public rental housing It is understood that public housing is for the sandwich layer to provide rental accommodation. According to Beijing's regulations, the rental price is lower than the market price of about 20%.　　But the cost of building construction is basically equal, so the cost of public rental and the profit cycle will be very long. At present, from the market reaction can be seen, compared to other housing, developers of public housing relatively cold attitude. However, public rental housing in the recycling of a huge advantage, for the future of the development of residential security industry more favorable. This year, the Beijing municipal government decided to start the Provident Fund housing policy, of which public rental projects accounted for 14.　　The introduction of the tax reduction policy, will reduce the cost of public rental housing, shorten the capital recovery cycle, will attract more social funds into public rental housing construction. (newspaper reporter 翟烜)