Legal information

Buying a house is something that everyone strives for in their lifetime. In addition to the house payment, there are also some taxes and fees that need to be paid. Among the many home purchase taxes and fees is stamp duty. So what is the stamp duty rate on house purchases?

The stamp duty rate for home purchases is 0.5%. According to the relevant regulations of our country, the stamp tax rate for house buyers is 0.05%, that is, the tax payable by the house buyer is the tax price multiplied by 0.05%. The stamp tax should be paid by the taxpayer himself. Individuals selling or purchasing housing do not need to collect stamp tax for the time being, and secondary transfer registration only requires a stamp tax of 0.05% from the buyer.

In the property transfer document or when receiving the property title certificate, the home buyer needs to calculate the tax payable based on the tax amount written on the certificate, purchase a tax stamp of a corresponding amount, paste it in the appropriate location on the certificate, and cancel it by himself. The cancellation method is generally to use a pen or a brush to draw a few horizontal lines at the junction of the tax stamp and the voucher to cancel.

Basis for calculating stamp duty on house purchases

When purchasing a house, the object of stamp tax is a specific act, and the basis for calculating the tax is the amount of funds or physical objects required for the act. The basis for calculating the stamp tax on the real estate property transfer document is the amount stated in the data. The basis for calculating the stamp tax on the real estate certificate, including the house ownership certificate and the land use certificate, is based on a piece rate. The basis for calculating the stamp tax on the house leasing contract is the lease amount, while the basis for calculating the stamp tax on the real estate purchase and sale contract is the purchase and sale amount.

When conducting stamp tax declarations, the financial department of the relevant tax paying unit is responsible, and professionals are designated to be responsible for the management of various taxable vouchers, the payment of stamp tax decals, and the filling in of stamp tax returns in accordance with regulations.

The legal knowledge in this article does not represent legal advice. If you encounter similar problems, you should analyze them in detail. If you want to know more about this, you can consult one-on-one with a lawyer from Beijing Yingting Law Firm.