(Act dated 27 January 2011, No. 247 of the Order of the People's Government of the Republic of China, which was launched effective 28 January 2011)

In order to regulate the distribution of incomes, the Government of the Grande People has decided to undertake a pilot project for the tax reform of some of the individual's housing in some parts of the region, in accordance with the spirit of the 136th Standing Conference of the State. This provisional approach is being developed in the light of the realities of my city.

A pilot region

The pilot areas are steadfast, the northern area, the Slave dam area, the nine pilgrims, the Greater Tru, the South, the North Kyi, and the South Bank (hereinafter referred to as the nine main towns).

Targets

(i) Modalities for roll-out. The first was included in the charging:

Individually owned exclusive commodity homes.

The number of new personal purchases is high. High-function housing means housing that the construction of new commodity housing in the nine main towns of the last two years is twice (two times) above.

The second set of new, non-commercial and non-workable individuals (concluding a second set of seconds) in the Restitutional City is more common.

The new acquisition of housing means housing purchased from the date of operation of the Provisional Approach (including new commodity construction and stock housing). The time for the purchase of new commodity housing to enter into the acquisition of housing contracts and to submit property transactions and rights registration centres in the place of the house is limited to the time taken for the purchase of stock housing to be transferred and the time for registration.

(ii) Individuals not included in the scope of taxation domicile housing, multiplied general housing, which will be included in the taxation in due course.

Taxpayers

The taxpayer shall tax the owner. The property owner is a minor and is taxed by its legal guardian. Intellectual property rights are taxed by the licensee. The owner, the guardian, the licensor shall not be located in the place of the property or the property is not determined and settled by the tenancy dispute and is taxed by the escian or the user.

There should be a total of tax housing property rights, with a total of consenting taxpayers, uncoordinated taxpayers appointed by tax authorities.

Tax basis

The tax value of the taxable housing shall be the property transaction price. When conditions are mature, the value of the property assessment is based on the tax.

Single commodity homes and high-function housing are subject to tax coverage, if there is no new provision, regardless of whether a change in property rights is the taxpayer, and the tax price and applicable rates are no longer changed.

The taxable housing as provided for in this scheme is used for rental purposes, and it is no longer charged with rental income.

Tax rates

(i) A single commodity home and a high-form housing unit price of 3 times new commodity housing in the nine main cities in the last two years is the same as that of the construction area. The rate is 0.5 per cent; three times (three times) to 4 times, the rate is 1 per cent; and more than 4 times (4 times) is 1.2 per cent.

(ii) A new set of 2 (concluding a second set of seconds) for individuals with no household, no business, and no work, at a rate of 0.5 per cent.

The calculation of the tax rate

(i) Individual housing property taxes shall be calculated at the tax level.

levies = taxable slots for the area of construction x

The area of tax construction shall be defined as the area after which the taxpayer shall deduct the area of the taxed area.

(ii) The calculation of the area of tax exemptions.

The deduction of the area of tax exemption is based on the household unit, and a household can only deduct the taxed area.

The taxpayer has a sole commodity home in advance of this approach, with a tax area of 180 square meters; the sole-source residence of the new purchaser, a high-secure housing area of 100 square meters. The taxpayer's family has a number of new purchases to tax housing and, in the order of time, the taxable housing is calculated to deduct the tax area.

The tax-free area is not deducted by the taxable housing of a person with no household, no business and no work.

Tax relief and tax relief

(i) Removal of property taxes for the self-built housing of farmers on the home base.

(ii) General tax housing owned by a person without a household, a business and a person without work, such as taxpayers having a household, a business and a job condition, which has been exempted from taxation since then, such as taxes paid.

(iii) In the case of force majeure, such as natural disasters, taxpayers are difficult and can apply to local tax authorities for tax relief and tax relief.

Management

(i) The tax obligation of a person's housing estate to obtain a housing month. The tax is charged on an annual basis and is calculated at a monthly rate.

(ii) The tax on personal housing property is charged by local tax authorities that should tax housing sites.

(iii) The taxpayer shall provide, as prescribed, real declaration of tax and information.

(iv) The management of the tax on the property of the individual housing estate is carried out in accordance with the provisions of the Tax Control Act of the People's Republic of China.

Income use

The income of the personal housing estate is fully used for the construction and maintenance of public rental housing.

Complementary measures

(i) The construction of new commodity housing in the nine districts of the last two years was determined at the annual average of the Government's functional sector.

(ii) The relevant sectors are expected to work in conjunction with the establishment of stock-based housing transaction prices compared to the system for the application of property assessment techniques by the organ concerned, to assess the various types of stock-based individual housing and to serve as a tax reference. The amount of housing transactions is clearly low and unjustifiable, and the tax reference is taxed.

(iii) The authorities, such as finance, tax, land tenure, household, business, civil affairs, and human security, are required to work together in the construction of a information platform for the construction of personal housing information systems.

(iv) Relevant administrations are required to cooperate actively with tax authorities in the establishment of control mechanisms for the collection of personal housing estate taxes. Individual transfers should not be provided with complete tax vouchers and are not subject to procedures such as the owner.

(v) The taxpayer shall not pay or receive the tax within the prescribed time period and shall be paid by the local tax authority for a period of time and has not been paid, and the local tax authorities may notify the taxpayer in writing or other financial institutions for the payment of taxes, lag funds and fines from their deposits.

(vi) Unpaid after the tax announcement, the taxpayer's payment of the personal housing stock tax has been included in the management of the individual requisition system.

This approach is explained by the Government of the People's Government.

This approach was implemented from 28 January 2011.