1. Transfer of second-hand commercial housing
According to regulations: If the original value of the house cannot be provided, the amount of personal income tax payable will be determined at 1% of the taxpayer’s housing transfer income; if the complete If no information is provided, the calculation is based on 20% of the personal tax payable. Then, as far as the house is concerned, there will be two calculations for the personal tax:
①Tax at 20%: (Reasonable expenses for commercial houses and other housing are: the maximum deduction limit is the original value of the house 10%. )
Individual tax = (transfer income - original value of the house - taxes paid during the transfer of the house - reasonable expenses) × 20% = (65-48-3.575-0.0325-4.8) × 20 %10,000 = 17,185 yuan
②Taxed at 1%:
Personal income tax = housing transfer income × 1% = 650,000 × 1% = 6,500 yuan
If the personal tax is levied at 20%, then the total tax that A needs to pay is 53,260 yuan; if the personal tax is levied at 1%, then the total tax that A needs to pay is 42,575 yuan.
2. If the purchased public house has been transferred for five years or more and is the only house used by the family, there is no need to pay business tax and personal income tax.