Taxable amount = original value of the property ×( 1- deduction ratio )×1.2%
(2) The formula for calculating the payable rent:
Taxable amount = rental income of real estate × 12%
To calculate the property tax payable according to the above formula, first of all, you need to accurately determine the original value of the property and the rental income of the property, which is the tax basis mentioned in the tax:
:: Tax base
(1) Taking the taxable residual value of real estate as the tax basis;
The residual value of the business premises after deducting 10% to 30% from the original value of the property is used as the tax basis. (The deduction ratio is determined by the provinces within the range of 10%-30%. If there is no original value of the property as the basis, it shall be verified by the local tax authorities with reference to similar properties.
1. Joint venture real estate investment
Real estate investment joint venture, where investors share investment profits and bear risks, property tax shall be levied according to the original value of real estate.
2. Financing rental housing
Financing rental housing, because the rental fee includes the purchase price, handling fee, loan interest, etc. There are two aspects to the calculation of general property tax, one is to tax the taxable residual value of the property, the other is to tax the rental income of the rented house, so there are two ways to calculate the taxable amount:
(a) The formula for calculating the taxable amount from the ad valorem:
Taxable amount = original value of the property ×( 1- deduction ratio )×1.2%
(2) The formula for calculating the payable rent:
Taxable amount = rental income of real estate × 12%
To calculate the property tax payable according to the above formula, first of all, you need to accurately determine the original value of the property and the rental income of the property, which is the tax basis mentioned in the tax:
:: Tax base
(1) Taking the taxable residual value of real estate as the tax basis;
The residual value of the business premises after deducting 10% to 30% from the original value of the property is used as the tax basis. (The deduction ratio is determined by the provinces within the range of 10%-30%. If there is no original value of the property as the basis, it shall be verified by the local tax authorities with reference to similar properties.
1. Joint venture real estate investment
Real estate investment joint venture, where investors share investment profits and bear risks, property tax shall be levied according to the original value of real estate.
2. Financing rental housing
In the case of financing rental housing, because the rental fee includes the purchase price, handling fee, loan interest and so on. Different from ordinary rental houses, and after the lease expires, when the lessee repays the last lease fee, the property right of the house will be transferred to the lessee, which is actually a disguised purchase of fixed assets by stages, so the property tax should be calculated and levied according to the residual value of the house.