Deed tax: the ordinary house below 90㎡ belongs to the only family house, and the deed tax is levied at the rate of 1%; 90 ~ 144㎡ ordinary houses are subject to deed tax at the rate of 1.5%; Deed tax is levied at the rate of 3% for houses exceeding144m2. The general deed tax is collected by the developer and paid together with the down payment.

People's Republic of China (PRC) deed tax law

Article 1 Taxpayers who transfer the ownership of land and houses within the territory of People's Republic of China (PRC) and bear the deed tax shall pay the deed tax in accordance with the provisions of this Law.

Article 2 The transfer of ownership of land and houses as mentioned in this Law refers to the following acts:

(a) the transfer of land use rights;

(two) the transfer of land use rights, including sale, gift and exchange.

Collection standard:

(1) For ad valorem taxation, the tax basis is the residual value after deducting 10%-30% from the original value of the property;

(2) If rent is levied (i.e. real estate is leased), the tax basis shall be the rental income of real estate. The specific reduction range of ad valorem 10%-30% shall be determined by the people's governments of provinces, autonomous regions and municipalities directly under the central government. For example, Zhejiang Province stipulates that the specific deduction is 30%.

Property tax rate adopts proportional tax rate. If assessed according to the residual value of the property, the annual tax rate is1.2%; If assessed according to the rental income of real estate, the annual tax rate is 12%.

Reference to the above content: Baidu Encyclopedia-Deed Tax