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Taiwan'S Housing Policy Is &Nbsp; Public Housing Sales Will Pay More Taxes Next Year.

2010/12/9 15:26:00 54

Investment Tax Pactions

Taiwan

housing price

Soaring, the authorities of the Taiwan authorities have taken measures to control the housing.

Taiwan's Ministry of finance, in addition to developing short-term pactions in real estate,

Investment

When the clients levy profits and taxes, the property exchange of the people selling houses this year will also be raised, and the rate of return on housing sales in Taipei will be increased by eight percentage points.

If you sell your house in Taipei this year, you may have to pay more taxes next year.


Officials explained that people selling houses must declare property pactions, according to the actual situation.

paction

If the price is deducted from the necessary cost, the tax will be made after paying the necessary cost. If the money is paid, it can be deducted from tax. If the public can not get the cost proof, it will be calculated according to the standard of property pactions issued by the Ministry of finance every year, and whether it is earned or paid, it is necessary to pay taxes according to the calculation results.


The tax department has reported this year's sale income standard to the Ministry of Finance and will hold a meeting next week.


The rate of return on sale of Taipei's housing estates will be raised to 37% from the current 29%. The two quasi municipalities directly under the jurisdiction of Kaohsiung and Taipei county and Taoyuan County are all trimming one percentage point, while the yields of other counties and cities and towns will remain unchanged.


Taipei has the largest amplitude and eight percentage points.

For example, assuming that Mr. Zhang sold a mansion in Taipei this year, the selling price is more than 200 million yuan (NT $, the same below), but the current value of the house assessment is 13 million yuan, and the rate of sales is 37% yuan. The sales income of the house is 4 million 810 thousand yuan. If Mr. Zhang applies the income tax rate of 40%, he will pay 1 million 920 thousand yuan of property paction income tax next year. If the current rate of return is paid, he can pay less than $about 400000.


Officials said that the income standard of the property exchange of the public housing estate was calculated on the basis of the current value of the housing assessed by the rate of return and the income added to the consolidated income tax of other personal income is the income tax payable by the public.


The KMT legislator, Lai Shi Bao, questioned the value of the house and its market price by tens of times. Although the rate of return has increased, the increase is still limited, and it has no effect on the suppression of the housing market speculation.

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