Strengthen preferential tax policies in housing transaction links, lower the lower limit of land value-added tax advance rates... Multiple tax policies to promote the stable and healthy development of the real estate market were announced externally.

On the same day, the Ministry of Finance, the State Taxation Administration, and the Ministry of Housing and Urban-Rural Development issued relevant announcements, clarifying the above arrangements. Officials from the three departments' relevant divisions introduced that this policy adjustment enhances the preferential tax treatment for housing transaction fees, actively supporting the housing needs of residents, both for first-time purchases and improvements; it also lowers the lower limit of the advance land value-added tax rate, alleviating financial difficulties for real estate enterprises.

Specifically, regarding deed tax, the current area standard for enjoying the % low tax rate has been increased from 144 square meters to 144 square meters, and it is clarified that Beijing, Shanghai, Guangzhou, and Shenzhen can uniformly apply the deed tax preferential policy for the second home of a family with other regions. That is, after the adjustment, nationwide, for individuals purchasing the only home of a family and the second home of a family, as long as the area does not exceed 144 square meters, the deed tax is uniformly paid at a % tax rate.

In terms of land value-added tax, the lower limit of the advance levy rate for land value-added tax in various regions will be uniformly reduced by . percentage points. Each region may adjust the actual advance levy rate based on local circumstances.

At the same time, officials from relevant departments introduced that the preferential policies on value-added tax and land value-added tax, which are aligned with the cancellation of the standards for ordinary and non-ordinary residential properties, have been clarified to reduce the cost of secondary housing transactions and maintain stable tax burdens for real estate enterprises.

Regarding VAT, after the cancellation of the standards for ordinary and non-ordinary residential properties in relevant cities, individuals selling housing that has been purchased for more than one year (including one year) are exempt from VAT. The previous regulation that imposed VAT on individuals selling non-ordinary residential properties that have been purchased for more than one year (including one year) in Beijing, Shanghai, Guangzhou, and Shenzhen has been correspondingly ceased.

In terms of land appreciation tax, cities that have abolished the standards for ordinary and non-ordinary residential properties continue to implement the policy of exempting land appreciation tax for taxpayers who construct and sell ordinary standard residential properties with an appreciation amount not exceeding the deductible project amount %.

Reporters learned that to ensure taxpayers can promptly enjoy the benefits of tax preferential policies, tax authorities will collaborate with relevant departments to implement a series of measures, continuously optimize tax services, and enhance taxpayers' satisfaction and sense of gain.