Ministry of Finance and State Administration of Taxation, Circular on Deed Tax Policy Relevant to First-time Purchase of Ordinary Residential Premises

财政部、国家税务总局关于首次购买普通住房有关契税政策的通知

April 16, 2010 | BY

clpstaff &clp articles

Preferential deed tax policy does not apply to second-time joint housing purchasers.

Clp Reference: 3200/10.03.09 Promulgated: 2010-03-09

Issued: March 9 2010

Main contents: If two or more individuals jointly purchase ordinary residential premises of 90 square metres or less and one or more individual(s) has/have (a) residential premises purchase record(s), deed tax preferential policy for first-time purchase of ordinary residential premises shall not be applicable to the joint purchasers of the premises.

Related legislation: Circular on Revising Tax Policies on the Real Property Trading Sector, Oct 22 2008, CLP 2008 No.9 p.42

clp reference:3200/10.03.09
promulgated:2010-03-09

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