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 that 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.

The relevant department heads from three ministries introduced that this policy adjustment enhances the preferential tax treatment for housing transaction contracts, 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 of % has been increased from square meters to square meters. It is also clarified that Beijing, Shanghai, Guangzhou, and Shenzhen can apply the deed tax preferential policy for the second home of a family uniformly with other regions. After the adjustment, nationwide, for individuals purchasing the only home or the second home of a family, as long as the area does not exceed square meters, the deed tax will be uniformly paid at a rate of %. Regarding land value-added tax, the lower limit of the advance levy rate for land value-added tax in various regions has been uniformly reduced by . percentage points. Localities can adjust the actual implementation of the advance levy rate based on their 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 value-added tax, after the cancellation of the standards for ordinary and non-ordinary residential properties in relevant cities, individuals selling residential properties that have been purchased for more than one year (including one year) are exempt from value-added tax. The previous regulation that imposed value-added tax 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 discontinued. Regarding land value-added tax, in cities that have canceled the standards for ordinary and non-ordinary residential properties, taxpayers who construct and sell ordinary standard residential properties with a value-added amount not exceeding 20% of the deductible project amount will continue to enjoy the preferential policy of exemption from land value-added tax.

记者了解到，为确保纳税人及时享受税收优惠政策红利，税务部门将会同有关部门采取一系列措施，持续优化纳税服务，提升纳税人的满意度和获得感。（记者申铖、王雨萧） Statement: Xinhua Finance is the national financial information platform constructed by Xinhua News Agency. Under no circumstances does the information released by this platform constitute investment advice.

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