1. Range definition
Income from property transfer refers to income obtained by individuals from transferring securities, stocks, buildings, land use rights, machinery and equipment, vehicles, ships and other property.
Explain that individual income from "transfer" of patent right, trademark right, copyright and non-patented technology is not subject to individual income tax according to "income from property transfer" but subject to "income from royalties".
2. Tax calculation method: tax is calculated by time.
3. Tax base
The income from the transfer of property, after deducting the original value of the property and reasonable expenses, is the taxable income. Taxable amount = (total income-original value of property-reasonable expenses) ×20%
4. Individual transfer of housing
(1) Personal income tax is levied on the income obtained by individuals from selling their own houses according to the item of "income from property transfer", but personal income tax is temporarily exempted on the income obtained by individuals from transferring their own houses for "five years" or more and being the "only" living room for families.
(2) The taxable income of individual income tax on the transfer of houses by individuals does not include value-added tax, and the value-added tax included in the price paid when acquiring houses is included in the original value of the houses, and the tax deductible when calculating the transfer income does not include the value-added tax already paid in this transfer.
5. Individual transfer of equity
(1) listed companies
① No personal income tax is levied on the income from the transfer of shares (non-restricted shares) of domestic listed companies.
(2) Personal income tax shall be levied on the income obtained by individuals from the transfer of restricted shares of listed companies at a reduced rate of 20% according to the "income from property transfer".
(2) Unlisted companies
If an individual transfers the equity or shares invested by an enterprise (excluding a sole proprietorship enterprise or partnership enterprise) established in China to another individual or legal person, individual income tax shall be levied according to the item of "income from property transfer".
6. Special provisions
(1) Individuals invest in non-monetary assets, that is, individuals transfer non-monetary assets and make investments at the same time. Income from personal transfer of non-monetary assets shall be subject to personal income tax according to the item of "income from property transfer".
(2) Personal income tax shall be levied according to the item of "income from property transfer" on the income obtained by individuals from buying players' virtual currency through the Internet and selling it to others after increasing the price.
How to pay personal income tax on the income from personal property transfer?
Personal income tax paid on the income from personal property transfer shall be calculated and paid by deducting the original value of the property and reasonable expenses from the income from one-time transfer of property (no matter how many times it is paid, it shall be merged into the income from one-time transfer of property), and the tax rate is 20%.
The formula for calculating the taxable income of property transfer is: personal income tax payable = taxable income× 20% taxable income = income from each property transfer-original value of property-reasonable expenses for determining the original value of property.
To determine the original value of the above property, individuals must provide relevant legal documents; If a complete and accurate legal certificate of the original value of the property cannot be provided, and the original value of the property cannot be calculated correctly, the tax department may, according to the local actual situation, verify the original value of the property or implement the verification and collection.
For example, in the case of real estate transfer, if the taxpayer can't accurately provide the original value of real estate and relevant tax and fee vouchers, and can't determine the original value of real estate, the tax authorities can comprehensively consider the location, construction time, local house price, area and other factors of real estate, and approve the collection of personal income tax according to a certain proportion of the income from real estate transfer.
Calculation method of personal income tax from property transfer. This paper introduces this problem in detail. According to the types of transferred property and the amount of income, there will be differences in tax calculation. After the implementation of the new tax law, I don't know how to calculate the taxes and fees. If you have any problems, you can directly consult our teacher official website.