The tax returns of second-hand housing sales tax policy adjusted greatly increased

Source: Internet
Author: User
Keywords Purchase sales tax
Tags based business business tax calls clear continue cost difference
Second-hand Housing sales tax policy adjustment to tax returns a large increase in the industry calls for clear relevant rules as soon as possible "personal housing transfer business tax exemption from 2 years to 5 years, other policies continue to implement."  "The decision of the State Council's executive meeting on December 9 led to the next year's housing policy being settled after a debate." Policy details should be issued as soon as possible although the policy has been introduced, there are market participants on whether the policy is based on the full or the difference levy.  There are questions that need refinement. The previous policy was that from June 1, 2005, the state began to levy a full business tax on homes sold for less than 5 years. However, in December 2008, "State 13" in the Express relief business tax, ordinary housing exemption period from 5 years to 2 years, less than 2 years of transfer is levied on the difference, the ordinary housing difference levied by 5 years reduced to 2 years. The implementation date for the concession is from January 1, 2009 to December 31.  In other words, from January to the end of this year, less than 2 years of transfer of housing needs to levy a 5.5% tax on the difference. The business tax levy free time from 2 years to 5 years, whether continue to "State 13" based on the difference levy, but also need to be further clarified. If the benchmark is different, the tax on millions of will vary by tens of thousands of yuan.  Therefore, the industry suggested that the rules should be promulgated as soon as possible, so that two years after the purchase of ordinary domestic consumers to deal with customs clearance formalities. Dawei, director of property market research in the United States, said that the interpretation of the error will give the actual effect of this policy is very large variables, the relevant departments should be clear as soon as possible. In addition, although document 84th makes the "black and white contract" virtually hidden, in the actual transaction, "the buyer and seller can still not affect the loan under the premise of doing low prices, because too much tax is too big easy to cause some people think of tax avoidance." "Second-hand housing tax returns in the policy after the announcement of the days, the expected number of second-hand market volume blowout and did not appear."  Beijing Real Estate Transactions Management network data show that the December 10 and 11th second-hand housing network of 1823 sets and 1454 sets, far below the November peak trading.  In Shanghai, Baoshan, Huangpu, Xuhui Three district real Estate trading center, although assembled a large number of transaction transfer of second-hand housing traders, but with the most hot deal this year when the entire trading hall packed the crowd compared to the scene is not hot. Shenzhen, Guangzhou, Chengdu and other second-hand housing market transactions are also more stable.  Many people in the industry believe that the new policy has been digested much earlier in November because the market has already anticipated the cancellation of business tax concessions. Although the second-hand housing transaction volume did not increase significantly, but the Beijing municipal government Service Hall in the two days but there has been a new peak tax. Haidian Local Tax bureau related staff said that the Board is now specialized in second-hand housing tax declaration of the second taxation has emerged the explosion of the handling of the peak.    For this Haidian, Chaoyang trading volume of the two areas of the local tax department to start emergency plans, have taken to increase office hours and other measures to deal with the peak transfer. House sellersMay pass on the sales tax to the buyer the United States property statistics show that 5 years of second-hand housing transactions have accounted for the Beijing November market total transactions of the listing of 62%. They expect the cancellation to be a very crazy last-bus phenomenon in December.  There may be second-hand housing transactions more than 80% for 5 years in the housing. Beijing I love my home real estate brokerage company President Hu Jinghui that because the cancellation of preferential policies is to combat speculation, and real estate transactions has always been a seller's market, after the cancellation of business tax concessions, the seller will certainly be passed on to the home buyers, the transfer does not go out, will "sell sublet", the form of rent through the tax period, after all, Intervention 2-5 years of house-related taxes accounted for more than 40%, the buyers still have a great impact.  So many home buyers will still tighten the transfer before the cancellation of the transaction. China Merchants real estate dong Liu to "securities daily" reporter said: "Cancellation of sales tax discount may make the second-hand housing volume in December continue to enlarge, especially 3-5 years of second-hand property holders are likely to be on the hands of the listing on the increase." But next year second-hand housing prices are rising or falling also depends on the specific situation of the market. The situation will be different in different regions of the country. If the local buyers occupy a dominant position, the seller may own a part of the cost of business tax, or even price sales, if the availability of supply, the owner of the sale of the house is sure to increase the price of housing, after all, wool out of sheep. The cost of the sales tax is certainly not willing to bear.  "Next year, if prices rise again will face adjustment of the national Development and Reform Commission director Zhang Ping also said 9th, the country will improve housing consumption and regulation policy, increase in low-cost housing and limit the supply of commercial housing, curb speculative buying. The abolition of second-hand housing transactions of the business tax preferential policy is the high level of puncture to break the housing bubble, the first punch to fight property speculation. Also some analysts pointed out that the abolition of second-hand housing business tax concessions are not enough to stabilize high prices.  Some experts even believe that, because the local housing market is generally recognized by the rules of the home buyers bear all the tax, cancellation of business tax concessions is tantamount to further increase the cost of housing buyers, in fact, not only to cool prices, but to improve prices. Yang Shaofeng, general manager of Beijing's quartet, told reporters, "as long as the number of money put into the market continues to increase, it will continue to promote the market prices of goods."  "Liu that the personal housing transfer business tax levy free time from 2 years to 5 years to show that the Government is very concerned about the impact of this speculation on the market, but at most it is only a moderate blow." And for the primary house market, Liu said: "According to the investment of their own real estate statistics, to buy property owners are divided into three categories, one is the first home purchase, the second category is two times home, that is, to improve the housing, and the third category is the investors, the three categories of buying groups accounted for the total sales of 30% Only investment buyers who are affected by the new policy, the sales cost of the cancellation of the business tax concession will allow them to take more account of the sale after they invest in the new property. That is, 30% of the sales of investment propertyNext year should be reduced, but also will have a certain impact on house prices, but as the remaining two categories accounted for more than 60% of the home buyers will enjoy the continuation of the policy concessions, so the house prices will not appear big fluctuations.  Yang Hongxu, Minister of comprehensive Research at the Shanghai Institute of Real Estate, said that the central economic Work Conference shows that next year's real estate policy is still warm, leading to the possibility of falling house prices next year, the expected housing prices will be dominated by a stable situation next year. Liu finally said: "The atmosphere of the central economic Conference is more relaxed, the meeting put forward to continue the continuity and stability of the policy, that is, in the first half of 2010, we are optimistic about the real estate market, and the second half of what is to see the first half of next year's real estate market. "and the Ministry of Construction familiar with policy issued insider also said to the media, although only adjusted business tax, developers do not be happy too early, the market if the persistent high fever, 4 months to fine-tune the mortgage policy is also possible.
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