The so-called declared price refers to the transaction price declared by yourself when you pay taxes during the transaction of your real estate. This price can be the transaction price, and it can also be low or high, but this price is only your personal application price. The local taxation bureau also needs a special appraisal company to evaluate the value of your house to ensure that taxes and fees are collected according to the market price.

to avoid the loss of national taxes and fees, the price they finally determined is called the evaluation price. Generally, if your declaration is high, you will be taxed according to your declaration price, and if your declaration price is low, you will be taxed according to the evaluation price. In short, it is to collect taxes with the highest evaluation price and transaction price.

Extended information:

Relevant provisions:

Chapter III of the Measures for the Administration of Risk Control of China Financial Futures Exchange provides the following provisions on the "price limit system":

Article 8 The exchange shall implement a price limit system. The price limit system is divided into fuse system and price limit system. The limits of fuse and price limit are set by the Exchange, which can adjust the limits of fuse and price limit of futures contracts according to the market risk.

article 9 the fuse range of stock index futures contracts is 6% of the settlement price of the previous trading day, and the price limit range is 1% of the settlement price of the previous trading day. There is no fuse mechanism on the last trading day, and the price limit is 2% of the settlement price of the previous trading day.

article 1 after the daily market opening, if the declared price of a stock index futures contract touches the fuse price for 5 minutes, the contract will start the fuse mechanism. The declared price touches the fuse price for 5 minutes, which means that there is only a buy (sell) declaration of the fuse price, a sell (buy) declaration without the fuse price, or a deal is made as soon as there is a sell (buy) declaration, but the fuse price is not opened.

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