The land transfer fee refers to the total land transfer price that the land management departments of governments at all levels transfer the land use right to the land users and charge the transferee according to the regulations.

Land transfer fee is not a simple land price. For residential projects, bidding, auction, listing, etc. It can be priced through the market, and the land transfer fee is the land price. However, for affordable housing, low-rent housing, supporting housing and other projects, as well as industrial projects such as development parks, they often do not rely on complete market regulation, and land transfer fees are tax-based and belong to pricing.

Extended data:

Scope of use of land transfer fees

(1) Compensation Expenditure for Land Requisition and Demolition

Including land compensation fees, resettlement subsidies, ground attachments and young crops compensation fees, and demolition compensation fees.

(2) Land development expenditure

Including pre-land development expenditures and expenditures related to pre-land development in accordance with the provisions of the financial sector.

(3) Expenditure for supporting agriculture

Including providing funds for agricultural land development, subsidies for social security expenditure of land-expropriated farmers, subsidies for maintaining the original living standards of land-expropriated farmers and expenditures for rural infrastructure construction.

(D) Urban construction expenditure

Including expenditure on supporting facilities to improve the use function of state-owned land and expenditure on urban infrastructure construction.

(5) Other expenses

Including land transfer business fees, payment of paid land use fees for new construction land, provision of state-owned land income funds, urban low-rent housing security fees, and payment of resettlement fees for employees of bankrupt or restructured state-owned enterprises.