Nanjing’s new deed tax subsidy policy:
1. For individuals who purchase the only home for their family with an area of ??90 square meters or less, the deed tax will be levied at a reduced rate of 1%; if the area is 90 square meters If the area exceeds square meters, the deed tax is levied at a reduced rate of 1.5%.
2. If an individual purchases a second improved house for a family with an area of ??90 square meters or less, the deed tax will be levied at a reduced rate of 1%; if the area is more than 90 square meters, the deed tax will be levied at a reduced rate of 2% Deed tax is levied at a rate. The second improved house for a family refers to the second house purchased by a family that already owns a house.
3. If a taxpayer applies for tax benefits, based on the taxpayer's application or authorization, the real estate authority in the place where the house is purchased will issue a written inquiry result of the taxpayer's family housing situation, and provide the inquiry results and relevant housing information. promptly transmitted to the tax authorities.
There is no need to pay personal income tax for housing subsidies. The analysis is as follows:
1. For various subsidies and allowances received in accordance with national regulations, the tax authorities shall not levy personal income tax on them;
2. This type of income is statutory Items exempt from personal income tax are not taxable by any organization.
The classification of personal income tax is as follows:
1. Wage and salary income refers to the wages, salaries, bonuses, year-end salary increases, and labor dividends received by individuals due to their employment or employment. , allowances, subsidies and other income related to office or employment;
2. The production and operating income of individual industrial and commercial households refers to the individual industrial and commercial households engaged in industry, handicrafts, construction, transportation, commerce , catering industry, service industry, repair industry and other industries, income obtained from production and operation; income obtained by individuals with approval from relevant government departments and obtaining licenses from running schools, medical treatment, consulting and other paid service activities; other individuals engaged in individual industrial and commercial production, Income from operations;
3. Income from contracted operations and leasing operations of enterprises and institutions refers to the income obtained by individuals from contracted operations, leasing operations, subcontracting, and subletting, including income obtained by individuals on a monthly or per-time basis. Income in the nature of wages and salaries;
4. Income from labor remuneration refers to individuals engaged in design, decoration, installation, drawing, laboratory testing, medical care, law, accounting, consulting, lecturing, news, and broadcasting , income from translation, review, calligraphy and painting, engraving, film and television, audio and video recording, performances, performances, advertising, exhibitions, technical services, introduction services, brokerage services, agency services and other services;
5 Income from author remuneration refers to the income an individual obtains from the publication and publication of his or her works in the form of books, newspapers and periodicals;
6. Income from royalties refers to the income obtained by an individual from patent rights, trademark rights, copyrights, non-patent rights, etc. Income from the right to use technology and other franchises; income from providing the right to use copyrights, excluding income from royalties;
7. Interest, dividends, and bonus income refer to income obtained by individuals owning debts and equity. Income from interest, dividends, and bonuses;
8. Income from property leasing refers to the income obtained by individuals from leasing buildings, land use rights, machinery and equipment, vehicles, ships, and other properties;
9 , Income from property transfer refers to the income obtained by individuals from transferring securities, equity, buildings, land use rights, machinery and equipment, vehicles and ships, and other properties;
10. Incidental income refers to personal gains and losses. , lottery winnings and other incidental income;
11. Other income determined to be taxable by the financial department of the State Council.
Legal basis: Article 4 of the "Personal Income Tax Law of the People's Republic of China"
The following types of personal income are exempt from personal income tax:
(1) Prizes in science, education, technology, culture, health, sports, environmental protection, etc. awarded by provincial people's governments, ministries and commissions of the State Council, units of the Chinese People's Liberation Army and above, as well as foreign organizations and international organizations;
< p>(2) Interest on national bonds and financial bonds issued by the state;(3) Subsidies and allowances issued in accordance with unified national regulations;
(4) Welfare fees and pensions , relief funds;
(5) Insurance compensation;
(6) Military personnel’s transfer fee, demobilization fee, and retirement payment;
(7) According to the national Uniformly stipulate settlement allowances, severance payments, basic pensions or retirement payments, severance payments, and retirement living allowances to cadres and employees;
(8) Countries stationed in China that should be exempted from tax in accordance with relevant laws Income of diplomatic representatives, consular officers and other personnel of embassies and consulates;
(9) Income that is tax-free under international conventions and agreements signed by the Chinese government;
(10) ) Other tax-free income stipulated by the State Council.